Prime News Ghana

Today's Ghana Business, Banking and Economic news

Producer Price Inflation rises again by 4.7% to hit 38% in June

Producer Price Inflation continues to go up as latest data from the Ghana Statistical Service indicates that the average cost of inputs received by domestic producers for the production of their goods and services for the month of June rose by 38 percent.

Stock market to remain bearish in Q3 – SEM Capital

Amid capital flight from the stock market – induced by the increasing interest rate on the fixed income market, the Ghana Stock Exchange (GSE) is expected to continue on its current downward trajectory in the third quarter, SEM Capital has said.

ARB Apex Bank to raise GH₵25m additional shares in 5 yrs

The ARB Apex Bank PLC is seeking to raise GH₵25million additional shares in five years to bolster its capital base, and among others, implement some policy initiatives while being able to lend to rural and community banks (RCBs).

Bagbin directs Parliament to probe two state institutions

The Speaker of Parliament, Alban Sumana Kingsford Bagbin, has directed five committees of Parliament to investigate the activities of the National Food Buffer Stock Company (NFBSC) and the Ghana School Feeding Programme Secretariat (GSFPS).