The Bank of Ghana will sell a total of $420 million to Bulk Oil Distribution Companies via banks in the final quarter of this year, in its Foreign Exchange Auctions. …
Ghana
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyGhanaWestern Africa
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Ghana’s consumer inflation reached nearly 34% in August, the highest since 2001, despite a historic rate increase by the central bank.Consumer inflation in the West African country climbed to 33.9% …
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AfricaAFRICA NEWSEconomyGhanaNews
Ghana ranked 4th in Sub-Saharan Africa with highest private savings
Ghana has been ranked fourth in Sub-Saharan Africa (SSA) with the highest private savings, a report by the International Monetary Fund on “Private Savings and COVID-19 in Sub-Saharan Africa’ by …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessGhanaNewsNigeriaSpotlightWestern Africa
Jeremy Awori to succeed Ade Ayeyemi as Ecobank Group CEO
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that a new Chief Executive Officer, Jeremy Awori will succeed Ade Ayeyemi upon his retirement at age …
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AfricaAFRICA NEWSEconomyGhanaNewsNigeriaOil & GasWestern Africa
Ghana ranks 2nd in PPP pipeline projects in West Africa
Ghana is ranked 2nd in Private Public Partnership pipeline projects in West Africa with a cumulative market size of $8.4 billion. According to Fitch Solutions. Nigeria leads the market with …
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AfricaAFRICA NEWSEconomyGhanaNewsWestern Africa
6,856 companies, individuals owe ¢111.6m in corporate and income taxes in Ghana
The 2021 Auditor General’s Report has identified 6,856 companies, business entities and individuals owing an amount of ¢111.652 million in corporate and individual income taxes for 2019, 2020 and 2021 …
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The Managing Director of the International Monetary Fund, Kristalina Georgieva, has stated that a US$3 billion deal between Ghana and the IMF should be reached and finalised before the end …
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AfricaAFRICA NEWSBusinessEnergyGhanaNewsOil & GasWestern Africa
Ghanaian government to conduct roadshow for oil and gas fields to attract investors
The Ghanaian government has announced plans to conduct roadshows in some major oil and gas countries to expose investors to the heavy potential of petrochemicals in Ghana’s shores. The move …
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AfricaAFRICA NEWSBusinessEnergyGhanaNewsTechnologyWestern Africa
Akufo-Addo approves inclusion of nuclear technology in Ghana’s energy mix
President Nana Addo Dankwa Akufo-Addo has approved the inclusion of nuclear technology into Ghana’s power generation mix. The move, according to him, is in consonance with the global collective commitment …
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AfricaAFRICA NEWSBusinessGhanaNewsTechnologyTransportation & Logisitics
Ghana Standards Authority labels report that Suzuki S-Presso is unsafe false
The Ghana Standards Authority (GSA) has described false the reports that the Suzuki S-Presso vehicle model marketed by CFAO Ghana is not safe for use. In a viral video on …