BUSINESS Ofori-Atta is still at post, disregard reports he’s resigned – Finance Ministry 26th October 2022 Kumasi Online The Finance Ministry has denied reports that its Sector Minister, Ken Ofori Atta, has resigned from his position. It follows reports from some traditional media and social media outlets that…
BUSINESS BoG Meets Banks Over Cedi Today 25th October 2022 Kumasi Online THE BANK of Ghana (BoG) has announced will meet Managing Directors of some banks and heads of forex bureaux associations for discussions aimed at stabilising the local currency and accessing…
BUSINESS BoG Governor must resign; he’s proven to be incompetent 25th October 2022 Kumasi Online The National Democratic Congress’ (NDC) Member of Parliament for Bolgatanga Central, Isaac Adongo is mounting pressure on the Governor of the Bank of Ghana, Dr. Ernest Addison. Adongo wants the…
BUSINESS Ghana biggest loser on African continent for failing to issue Eurobonds: Year-to-date index down 34.6% – Report 25th October 2022 Kumasi Online Ghana has become the biggest loser on the African continent as a result of the country’s inability to issue Eurobonds. The lack of access to the international capital market is…
BUSINESS Interest rates hit 33%; government misses T-bills sale by 16% 24th October 2022 Kumasi Online Interest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi. The increase in interest rates is however lower than the current inflation of…
BUSINESS Mahama to speak on the economy on Thursday 24th October 2022 Kumasi Online Former President John Dramani Mahama will be speaking on the economy on Thursday October 27. This was announced by the National Communications Officer pf the National Democratic Congress(NDC), Sammy Gyamfi…
BUSINESS GRIDCo receives $60 million loan facility from ECOWAS Bank for Investment, Development 23rd October 2022 Kumasi Online Accra, Oct 23, GNA – The ECOWAS Bank for Investment and Development (EBID) has signed an agreement to extend a loan facility of 60 million dollars to the Ghana Grid…
BUSINESS Cement prices surge above ¢80 as cedi depreciation bites manufacturers 23rd October 2022 Kumasi Online The price of cement surge above ¢80 per a 50 kilogramme bag as inputs costs of the manufacturers rise. This is about 10% increase over the last price adjustment in…
BUSINESS Economic Hardship: Sam Jonah advocates domestication 23rd October 2022 Kumasi Online Business magnate Sir Sam Jonah is calling for a transformation of the Ghanaian economy from an import-driven and dependent kind to one that sees the people eat what they grow.…
BUSINESS Let’s get working committee to address depreciation of Cedi, others-Akufo-Addo tells GUTA 21st October 2022 Kumasi Online Accra, Oct 21, GNA – The President, Nana Addo Dankwa Akufo-Addo, has called for the setting up of a Working Committee to help address the depreciation of the Cedi, high…
