Prime Business, Economic and Financial News

Ghana's debt stock hits GH¢154 billion

Ghana's debt stock hits GH¢154 billion

The country’s total debt stock has reached GH¢154 billion May ending, according to a provisional data from the Bank of Ghana.
June Inflation rate hits 10%

June Inflation rate hits 10%

The Ghana Statistical Service has disclosed that the inflation rate for the month of June 2018 is 10 percent, an increase from the 9.8 percent recorded in May 2018.
Finance Ministry records highest irregularities- Auditor General

Finance Ministry records highest irregularities- Auditor General

The Finance Ministry recorded the highest irregularities for the 2017 financial year amounting to GHC697 million, the Auditor-General has revealed.
Barclays_appoints_ Abena Osei-Poku

Abena Osei-Poku appointed Barclays Ghana MD

Barclays Bank of Ghana has announced the appointment of Abena Osei Poku by the Board of Directors, as Managing Director of the Bank, taking over from Patience Akyianu who will be leaving the bank at…
Abena Osei-Poku will assume MD roles from September 2018

Barclays Bank Ghana nominates Abena Osei-Poku as Managing Director

Board of Directors of Barclays Bank Ghana has nominated Abena Osei-Poku as the Managing Director of the bank.
Ghana signs Railway Infrastructure agreement with South Africa

Ghana signs Railway Infrastructure agreement with South Africa

Government has signed a Railway Infrastructure agreement which will see South Africa assisting Ghana in the development of its railway network, Minister for Railways Development and Member of…

Video + Photos: Night business at NPP conference grounds

It was around 12midnight Thursday, the day before the arrival of the delegates for the National Delegates Conference of the ruling New Patriotic Party (NPP), but brisk business activities was taken…
Khebab_sellers_NPP_congress_grounds

Video + Photos: Khebab sellers cash in ahead of NPP congress

It was 11 pm on Thursday, July 5, 2018, at the Eastern Regional capital, Koforidua, and business activities at the Central Business District looked like a normal daytime.
Ghana Cedi hits a record low

Ghana Cedi hits a record low

Ghana’s cedi currency hit a record low on Tuesday, due mainly to global pressures as investors continued to exit emerging market assets.
Minister_of_Food_and-Agriculture

Ghana imports over $1,162M worth of rice yearly - Minister

Dr Owusu Afriyie-Akoto, Minister of Food and Agriculture has disclosed that Ghana spends almost over a billion dollars to import rice into the country annually since 2015.
PIAC_accuses_GRA_GNPC

PIAC accuses GRA, GNPC of illegally keeping $13M of Ghana’s oil cash

PIAC, in its 2017 Annual Report has indicted two state institutions, the Ghana Revenue Authority (GRA), and the Ghana National Petroleum Commission (GNPC) for illegally acquiring monies realized from…
Tema Oil Refinery shut down over crude oil shortage

Tema Oil Refinery closed down over crude oil shortage

The Tema Oil Refinery (TOR), has been shut down again following a shortage of crude oil at the facility.
Meralco to soon takeover ECG as Cabinet approves deal

Meralco to take over ECG soon as Cabinet approves deal

Cabinet has approved the proposed takeover of Electricity Company of Ghana (ECG) by Melraco Consortium.

MTN appoints new CEO of MTN Ghana

Telecommunication giant, MTN has appointed Mr Selorm Adadevoh as the new Chief Executive Officer (CEO) of MTN Ghana.
AirtelTigo

AirtelTigo CEO Roshi Motman resigns

AirtelTigo CEO, Roshi Motman has resigned to pursue new opportunities.
COCOBOD assures drop in cocoa prices will not affect Ghana

COCOBOD assures drop in cocoa prices will not affect Ghana

Management of Ghana Cocoa Board has assured that it will implement effective measures to ensure that its revenue from the sale of cocoa is not affected by the recent drop in cocoa prices on the…