Prime News Ghana

Today's Ghana Business, Banking and Economic news

Expert warns rising piracy could drive up freight cost

More kidnappings took place in the Gulf of Guinea in the first two months of 2021 alone than the entire first quarter of 2020, as piracy and other sea-related crimes continue to bedevil that stretch of the Atlantic Ocean.

Banks ready to ease credit stance for private sector

Banks have signalled their readiness to extend credit to the private sector following months of sluggish credit demand and supply conditions due to the pandemic, the latest credit conditions survey by the Bank of Ghana has shown.

BoG maintains policy rate at 14.5%

The Monetary Policy Committee (MPC) of the Bank of Ghana, has once again, been confronted with a difficult decision regarding the determination of the policy rate for the next few months, as economic conditions are not favourable for the regulator.

6th SME to list on GAX this week

The Ghana Alternative Market (GAX), the special equity market for small and medium enterprises (SMEs), will this week list its sixth company, Pesewa ONE Plc, “POP”.