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BUSINESS
BoG Maintains Policy Rate At 29% For Third Time
For the third consecutive time, the Bank of Ghana (BoG) has maintained the Monetary Policy Rate at 29 percent.…
MoMo transactions fall by 24m, value declines by GH₵10bn
Mobile Money (MoMo) indicators largely took a nose dive for June 2024, according to data from the Bank of Ghana.…
Government maintains end of year inflation at 15 percent in Mid-Year Budget
Government has announced some key revisions to the country’s macroeconomic fiscal targets for 2024.
Presenting…
Fitch Maintains Neutral Outlook for Ghana
Fitch Ratings has retained its ‘neutral’ sector outlook for 2024 across most emerging-market regions, including…
MTN Ghana addresses public outcry over high data costs
Telecommunication giant MTN Ghana has responded to growing public concerns about the high cost of internet data,…
Standard Chartered tops profitability in 2024 Banking Survey
Standard Chartered has surpassed expectations, achieving an impressive pre-tax profit of 79.2%, exceeding the…
Economist Lauds Bawumia’s Tax System Proposal
Development Economist, Dr. Frank Bannor, has lauded Dr. Mahamudu Bawumia’s proposal on tax reforms, stating that it…
GSE Trading Stagnates With No Share Price Movement
The Ghana Stock Exchange (GSE) closed its trading session last Thursday with no movement in share prices, marking a…
CalBank makes remarkable turnaround in first half of 2024
CalBank PLC, one of Ghana’s prominent financial institutions, has announced an impressive turnaround in its…
Traders face $1bn loss on faltering cocoa supply
Trading houses face losses of at least $1 billion on cocoa derivatives after major producer Ghana failed to deliver…