Business

The World Bank has approved a $300 million Development Policy Operation for Ghana. The approved $300m forms part of the First Resilient Recovery Development Policy Financing which is a critical...

In a press briefing today at the AfCFTA Conference Room in Africa Trade House, officials from the Africa Prosperity Network (APN) and the African Continental Free Trade Area (AfCFTA) Secretariat...

The Chamber of Petroleum Consumers (COPEC) has predicted a reduction in the prices of diesel and Liquefied Petroleum Gas (LPG) commencing tomorrow, January 16, 2023. This downward adjustment is attributed...

Government has earmarked some GHS 55.9bn as interest payments on domestic loans which are mainly treasury bills. Government is seeking to borrow GHS 94.4 billion via treasury bills in 2024...

In a significant development, the government of Ghana has successfully completed the divestiture of shares in Jubilee Oil Holdings Limited (JOHL), an offshore entity, to GNPC Explorco, a subsidiary of...

In a significant development, the International Monetary Fund (IMF) has indicated its readiness to Ghana for the disbursement of the $600 million second tranche of the $3 billion IMF credit...

According to Finance Minister Ken Ofori-Atta, Ghana has received a draft term sheet on debt relief from its official creditors that is sufficient for the International Monetary Fund to disburse...

The Social Security and National Insurance Trust (SSNIT) has officially announced a 15% increase in monthly pension payments for the year 2024, in accordance with its indexation rate. The adjustment,...

The World Bank has forecasted a 2.8% Gross Domestic Product (GDP) growth for Ghana this year – 2024. The projection by the Bretton Wood Institution was captured in the January...

A recent report by Fitch Solutions has forecasted a continued decline in the capital buffers of banks in Ghana throughout 2024, positioning them unfavorably compared to their counterparts in sub-Saharan...