Prime News Ghana

Today's Ghana Business, Banking and Economic news

Bank of Ghana cuts policy rate to 15.5%

The Bank of Ghana has further relaxed its monetary policy, reducing the Monetary Policy Rate (MPR) by 250 basis points from 18 per cent to 15.5 per cent, citing stronger macroeconomic conditions and sustained economic growth.

Mahama reaffirms support for Ghanaian-owned companies

President John Mahama has commended the First Sky Group for its contribution to national development and reaffirmed government’s commitment to supporting capable Ghanaian-owned companies to drive economic growth.

Star Oil suspends COMAC membership over price floor dispute

Star Oil Limited has suspended its membership of the Chamber of Oil Marketing Companies (COMAC) with immediate effect, a move that has sent ripples through Ghana’s downstream petroleum sector and raised questions about internal cohesion within the industry body.

Netflix updates Warner Bros bid to all-cash offer

Netflix has updated its offer for Warner Bros Discovery's streaming and film business and will pay completely in cash - as it looks to fend off rival Paramount Skydance in pursuit of the Hollywood studio.