BUSINESS Here is the Cedi’s performance against major foreign currencies as at November 24 24th November 2021 Kumasi Online The Cedi traded against the dollar at a mid-rate of 5.9118 The Cedi traded against the dollar at a mid-rate of 5.9118 Its trade value against the Pounds Sterling was…
BUSINESS Here is the Cedi’s performance against major foreign currencies as at November 16 16th November 2021 Kumasi Online The Cedi traded against the dollar at a mid-rate of 5.9037 Its trade value against the Pounds Sterling was at a mid-rate of 7.9314 The Euro’s mid-rate stands at 6.7435…
BUSINESS Naira to hold firm on higher oil prices as Ghana focuses on export capacity building 14th November 2021 Kumasi Online Ghana focuses on export capacity building The Cedi depreciated against the dollar last week, trading at 6.107 compared to 6.099 at last week’s close. Ghana’s Trade and Industry Minister Alan…
BUSINESS Ghana to receive 20% equity share for refining gold locally 11th November 2021 Kumasi Online Ghana will receive 20 percent free equity share for gold refined locally when Royal Gold Ghana Limited begins operation this year. Currently, all the gold produced by mining companies in…
BUSINESS 2022 budget reading rescheduled to November 17 10th November 2021 Kumasi Online The date for the 2022 Budget Statement and Economic Policy of government presentation has been rescheduled from the 15th of November to the 17th of November 2021. This is according…
BUSINESS Isaac Adongo writes open letter to BoG: Complying with Act on utilising US$1 billion SDR allocation 27th October 2021 Kumasi Online I hope this letter reaches you in good health. Please accept fraternal greetings from the good people of Bolgatanga Central Constituency on whose behalf I write to you. I am…
BUSINESS Fuel price hikes will continue; government has no plans to address it – IES 19th October 2021 Kumasi Online The Institute for Energy Security (IES) is worried government may not have an immediate solution to the consistently rising fuel prices at the pump. The prices have been on a…
BUSINESS “2022 budget will focus on making you become your own bosses” 19th October 2021 Kumasi Online Finance Minister Ken Ofori-Atta has assured new graduates from the University of Professional Studies (UPSA) that the next budget will prioritize programmes that will support graduates to become their own…
BUSINESS Bank of Ghana to phase out GH¢1 and GH¢2 notes soon 28th September 2021 Kumasi Online The GH¢1 and GH¢2 notes will soon be phased out of the Ghanaian economy. This was made known by the Governor of the Central Bank, Dr, Ernest Addison on Monday,…
BUSINESS BOST has reduced trade liabilities from $624m to $39m – MD 27th September 2021 Kumasi Online The Bulk Oil Storage and Transportation Company Limited (BOST) says it has reduced its trade liabilities by over three-quarters. Its Managing Director, Edwin Alfred Provencal, revealed that his outfit has…
