Today's Ghana Business, Banking and Economic news

A Banking consultant, Nana Acheampong has said the end of the banking sector clean-up exercise by the Bank of Ghana will bring about investor confidence and loan extension.

The Deputy Minister of Trade and Industry, Carlos Ahenkora says import duty at the port has been the same since 2016.

The International Chamber of Commerce Ghana, ICC Ghana, has identified the charging of illegal fees at the port as an obstacle to the Trade Facilitation Agreement with Ghana.

Zimbabwe will introduce a new currency in the next 12 months, the finance minister said, as a shortage of US dollars has plunged the financial system into disarray and forced businesses to close.

The Ghana Union of Traders Association, GUTA, has called on government to review the country’s import duty.

President Akufo Addo has reaffirmed his commitment to creating a stable microeconomic environment for businesses in the country to thrive.

A cross-section of Ghanaian workers have kicked against the proposed tariff increment by some utility service providers in the country.

Gold futures rose, extending their best quarterly rally in more than a year as concern over China’s economic outlook weighed on global equities and industrial metals.

The Economic and Organised Crime Office, EOCO, has frozen the accounts of the CEO of MenzGold Nana Appiah Mensah also known as Nam1.

MP for Asikuma-Odoben-Brakwa Constituency in the Central Region and Member of the Finance Committee in Parliament, Anthony Effah, has described the call by some MPs for a bi-partisan parliamentary inquiry in the MenzGold saga as unnecessary.

Former workers of defunct Capital and UT Bank will from Friday, January 18, 2019, receive their severance package.

Tariff for the year will take effect from February 1, 2019, and this has been announced by the Public Utilities Regulatory Commission (PURC).

Former workers of Capital and UT bank are likely to receive their severance packages later this week.

Global economic growth is projected to soften from a downwardly revised three per cent in 2018 to 2.9 per cent in 2019 amid rising downside risks to the outlook, the World Bank has said.

Workers of the collapsed Heritage and Premiums banks have been given a three-month contract to work with  Consolidated Bank Ghana Limited (CBG).