Prime News Ghana

Today's Ghana Business, Banking and Economic news

Ghana on course for next part of IMF bailout

The International Monetary Fund (IMF) says it has reached a preliminary agreement with the Ghanaian authorities on the economic policies and reforms to conclude the first review of the $3bn (£2.45bn)-bailout fund the country is currently receiving.

Ghana and IMF agree first review of $3bn programme

The International Monetary Fund (IMF) and Ghana have reached a staff-level agreement regarding economic policies and reforms to conclude the first review of Ghana's three-year program under the Extended Credit Facility.

GREDA raises alarm over money laundering in real-estate

The Ghana Real Estate Developers Association (GREDA), the umbrella-body of property developers, has bemoaned the influx of illicit money into the real-estate sector – describing it as alarming and with dire repercussions for the economy.

Gov't raises GHS 2.49bn in T-Bill auction with 2.72% undersubscription

Interest rates on T-Bills continue to surge despite a marginal undersubscription in the recent treasury bill auction. According to auction results released by the Bank of Ghana, the yield on the 364-day treasury bill saw a notable uptick, rising from 32.50% to a striking 32.85% compared to the previous week.