Prime News Ghana

Today's Ghana Business, Banking and Economic news

AngloGold warns of lower full-year earnings

Gold producer AngloGold Ashanti expects to report headline earnings of between $572-million and $642-million for the year ended December 31, 2021 – a 40% year-on-year decrease.

E-levy: NPP's Assibey Yeboah advises govt to go to IMF

A former Member of Parliament for New Juaben South, and a one-time Chair of the Finance Committee of Parliament, Dr. Mark Asibey Yeboah, has asked the government to go back to the International Monetary Fund (IMF).

9 reasons why retirement planning is essential

The Managing Director of EDC Investments Limited, Paul Mante has shared insightful tips on how one can manage financial resources to their advantage and retire with a healthy bank balance.

Value of MoMo transactions drop by GH¢3bn ahead of E-levy passage

Data published by the Bank of Ghana (BoG) has revealed that the value of mobile money transactions has dropped by GH¢3.2 billion in December last year, less the one month after Finance Minister, Ken Ofori-Atta, announced in the 2022 budget of an electronic transfer levy (E-Levy).

Government saves $72m by renegotiating price of OCTP gas

As part of efforts to reduce the cost of energy to Ghanaians and to create an enabling environment for business to thrive, the government has said it has ensured the reduction of the price of gas Offshore Cape Three Points (OCTP).

$540m lost in 6yrs through undervaluation of cocoa

As government struggles to generate enough money for national development, a new report by the Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana has disclosed that the country lost US$540million in the export of cocoa paste and cocoa beans between 2011 and 2017.