BUSINESS

The November 2023 Summary of Economic and Financial Data by the Bank of Ghana has put the depreciation of Ghana’s currency, the cedi, at 25.8% as of November 2023. Per the data, the cedi had remained relatively stable between March and September 2023, selling at GHS 11.01 and GHS 11.13 …

Former Speaker of Parliament, Prof. Aaron Mike Oquaye, says the country will continue to run to the International Monetary Fund (IMF) for financial support until it utilizes its natural resources well and pays attention to agriculture. He said investments in the sector would give rise to giant industries that would …

A Manufacturing consultant, Mr. Kenneth Johnson has said that the implementation of a 24-hour economy policy by the flagbearer of the National Democratic Congress (NDC) H.E. John Mahama will create more employment and revitalize the Ghanaian economy. In an interview on Power FM, 97.9, Mr Johnson emphasized that the vision …

The Minority in Parliament, Cassiel Ato Forson has called on President Akufo-Addo to immediately cause the withdrawal of a regulation seeking to restrict the importation of rice, fruit juice, margarine, cement, fish, sugar and 16 other “strategic products”. The Trade Minister, Kobina Tahir Hammond, who is pushing this regulation hopes it will help …

The Ghana Chamber of Telecommunications (GCT) has called on the government to lower the Electronic Transfer Levy (E-levy) from 1% to 0.5% and impose a 0.5% levy on cash-outs to align the policy with Ghana’s digital-first strategy. “Our recommendation to the Ministry of Finance is to consider reducing the levy …

    Hon. George Mireku Duker, the Deputy Minister for Lands and Natural Resources responsible for Mining has rallied the people of Bosome-Freho to throw their weight behind the newly-launched Community Mining Scheme (CMS) in the area as it has the potential of spurring the socio-economic development of the area. …

  The Minority in Parliament has come by indisputable evidence that exposes a blatant lie peddled by the Chief Executive Officer of COCOBOD, Joseph Boahen Aidoo, about Ghana’s 2023/24 cocoa forward sales. Read the full statement below; PRESS STATEMENT For Immediate Release 21st November, 2023. COCOBOD CEO LIED OVER COCOA …

  Africa’s global bank, United Bank for Africa (UBA) Plc, has been named the African Champion of the Year 2023 at the just concluded Africa Financial Industry Summit, held in Lome, Togo.   The Africa Financial Industry Summit (AFIS), organized by Jeune Media Group, publishers of pan-African publications, Jeune Afrique …

Nameer Khan, Founder   Fils is a first of its kind infrastructure that is powering sustainable action with an API that seamlessly connects digital payments infrastructure, bringing individual, corporates and impact projects together. This is a B2B2C which will make it easier for businesses to act on the core values …

    United Bank for Africa (UBA) Ghana Ltd has taken a groundbreaking step in the banking industry by launching the Super Savings Promo, an initiative that offers an impressive 10% interest rate on savings. The promo will run from November 2023 through to February 2024.       The …