Today's Ghana Business, Banking and Economic news

Taking into consideration the relative stable prices of Crude oil and Gasoil on the international market, as well as the over 2% decrease in price of Gasoline; the Institute for Energy Security (IES) foresees prices of fuel on the local market remaining largely stable.

Ghana’s Parliament has passed the Bill for extension of the National Stabilization Levy (NSL) as well as the Special Import Levy (SIL) into law, despite the fact that both levies were due to expire this year - 2017.

Government has disclosed plans to introduce a comprehensive policy to regulate Small and Medium Enterprises in the country.

The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for job creation for Africa’s youth, as outlined in the Bank’s Jobs for Youth in Africa Strategy (JfYA).

The West African Mills Company (WAMCO) has resumed business operations – particularly, the export of semi-processed cocoa products.

Nigeria’s capital inflow more than doubled over the three months of 2017 third quarter (its highest in over two years), following the country’s emergence from one of the worst economic recession in its history.

Some market analyst in Ghana have projected that about 1500 new jobs will be created in the country’s aviation industry.

Ghana’s aviation industry is set to for more additions soon. This follows indications that an estimated five new airlines are likely to commence operations by next year – 2018.

The government of Ghana has announced its plans to focus on land registration system next year in an effort to address mortgage issues in the country.

Former Chief Executive of the Volta River Authority, VRA, Dr Charles Wereko Brobbey, has called for the total overhaul of the pre-mix fuel policy due to what he described as bad implementation of the policy over the past 30years.

There have been at least 200 cases of premix fuel diversions in the country since January 2017, indicating serious inefficiencies in the regulation of the petroleum sector.

The Bank of Ghana policy rate has been further reduced by 20%. This was disclosed by the central bank to the media on the sidelines of the meeting of the Bank of Ghana Monetary Policy (MPC) on Monday November 27, 2017.

Oil slipped from the highest close in more than two years after U.S. drillers expanded operations while OPEC and Russia prepare to discuss longer supply curbs.

Golden Star Bogoso has been named the country’s Mining Company of the year - 2017.

Efforts to recycle plastic waste in the country have intensified, following the signing of a Memorandum of Understanding (MOU) between eight leading manufacturers.