The Treasury bill (T-bill) market is expected to continue experiencing elevated yields, despite a significant policy rate cut by the Bank of Ghana (BoG).
A high powered delegation by the Ghana Armed Forces (GAF), led by the Chief of Defense Staff (CDS), Lieutenant General Thomas Oppong-Peprah, has visited top management of the Ghana Revenue Authority (GRA) to deepen collaborations and explore new areas of cooperation.
Ghana Interbank Payments and Settlement Systems (GhIPSS) has announced the appointments of Clemencia Lila Tetteh as the new Head of Corporate Affairs and Communications, and Ebow Nyamekye Allen-Koufie as new Head, Human Resource and Administration.
Ghana’s economic prospects are increasingly promising, with Fitch Solutions forecasting growth to accelerate from 2.9% in 2023 to a three-year high of 5.5% in 2024.
In a situation where an African country has a large Total IMF Credit Outstanding, it indicates that the government borrowed significant financial resources from the International Monetary Fund (IMF) and is yet to repay.
The Public Utilities Regulatory Commission (PURC) has issued a firm rebuttal of recent media reports, which it said inaccurately suggested the Commission was solely responsible for the Electricity Company of Ghana’s (ECG) potential bankruptcy status.
The Bulk Energy Storage and Transportation (BOST) has initiated a four-day training programme for its technical and mechanical staff across all depots, aligning with its broader strategy to enhance operational efficiency nationwide.
The Government has reaffirmed its commitment to settle outstanding claims with Trafigura’s Ghana Power Generation Company (GPGC), following the unauthorised circulation of a letter that suggested delays in the process.
