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BUSINESS
Monetary policy rate maintained at 30%
The Bank of Ghana has maintained the monetary policy rate at 30 per cent after reviewing developments in the…
Government secures GH₵3.9bn in reopened DDEP
The government has secured GH₵3.9 billion in the reopened domestic debt exchange programme, the Ministry of Finance…
Banking Consultant proposes establishment of financial watchdog
Dr. Sam Mensah, financial economist and investment banking consultant, has proposed the idea of establishing a…
Ghana records over $200m trade surplus in two months
New figures from the Bank of Ghana (BoG) show that, Ghana’s trade balance increased by US$231.9 million between…
ISSER cautions gov’t to avoid high-interest loans
Professor Peter Quartey, the Director of the Institute of Statistical Social and Economic Research (ISSER), has…
Public debt hits GHS 575.5 billion; now 71.9% of GDP
Ghana’s public debt has increased to GH₵575.5 billion as of June 2023, representing 71.9% of Gross Domestic Debt…
Cedi depreciates against US dollar by 22.5%
The Bank of Ghana has pegged the depreciation of the cedi to the American greenback at 22.5 percent as of the…
Ghana tops African countries with highest IMF debt
Ghana has maintained its spot as Africa’s most indebted country to the International Monetary Fund (IMF).
The…
Tullow Oil Profits Drop in First Half of Year
Oil and gas group Tullow Oil has announced that its profits dropped significantly in the first six months of 2023…
Ghana’s Dwindling FDI, A Canary in the Coal Mine
After 66 years of independence, Ghana, a beaming light of hope and the torchbearer of democracy for the sub-Saharan…