Tag Archives: RATE

A new report released by the National Bureau of Statistics (NBS) has revealed that Nigeria’s unemployment rate increased significantly in the third quarter of 2023, rising by 0.8% from Q2 2023.   According to NBS, the country’s unemployment rate rose sharply from the 4.2% recorded in Q2 2023 to 5.0% …

The Ghana Revenue Authority (GRA) has exempted churches, cemeteries, and schools, among others registered with the Metropolitan, Municipal and District Assemblies (MMDAs) from the payment of property rate. According to the GRA, the Local Governance Act 2016 (Act 936) mandates all persons and corporate bodies who own immovable properties to …

  The chief of Kwabenya-Musuku, Nii Tetteh Ofatse (Fakyɛ) Dza Nyomo II in the Ga East Municipality has called on the Ghana Police Service to increase police visibility through consistent patrols to clamp down robbery and criminal activities within the Kwabenya enclave. The Omanhene of Kwabenya-Musuku, Nii Tetteh Dza Nyomo …

Vice President Dr Mahamudu Bawumia has revealed that he suffered sleepless nights when Ghana went through a phase of persistent hikes in exchange rates leading to a rise in the pricing of fuel products. According to the vice president, the situation and the quest to find a workable solution around it left …

According to Healthline Do you know that some meals can improve a woman’s fertility? All people want children because it is human nature to want to leave the world in the hands of your offspring. They provide people happiness and, in this area of the world, represent the realization of …

Parliament has by a majority decision passed the Value Added Tax Amendment bill to increase the rate by 2.5 percent. The controversial bill had to go to a head count for it to pass by 135-136 majority decision. Members of the Minority argued against the upward review of the VAT …

The Bank of Ghana has hiked the monetary policy rate by 250 basis points from 24.5 percent to 27 percent. Chairman of the Monetary Policy Committee and BoG Governor, Dr. Ernest Addison said the decision is expected to anchor inflation expectations in the country with the figure standing at 40.4 percent in October 2022. …

Deputy Finance Minister, Dr John Kumah says the fact that the ruling administration has reduced the controversial Electronic Transfer Levy (E-levy) proves they are a listening government. “…having reduced the rate to 1% means that we are a listening government,” he said. E-levy Finance Minister, Ken Ofori Atta presenting the …

The Association of Ghana Industries AGI says the recent increase in policy rate by the Bank of Ghana will further exacerbate the country’s inflation contrary to what the central bank envisaged. The Monetary Policy Committee (MPC) of the Bank of Ghana on Thursday October 5, 2022 announced increased in the Policy Rate …

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has, at an emergency meeting held on Wednesday August 17, increased the Policy rate from 19 to 22 per cent. Governor of the BoG Dr Ernest Addison said recent developments in the foreign exchange market showed elevated demand pressures, reflecting among …