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    IES predicts drop in fuel prices from April 1

    March 29, 2023 0 Shares
    The Institute for Energy Security (IES) is forecasting a 2% to 5% decrease in fuel prices in the first pricing window in April. Consumers of petroleum products will breathe a...

    IAA, CAGD save nation GH¢4.5 million

    March 29, 2023 0 Shares
    The Internal Audit Agency (IAA) says it has saved the country GH¢4.5 million through the implementation of the Electronic Salary Payroll Validation (ESPV) system. The system, which was implemented by...

    We’ve been mandated to carry out payroll monitoring – Fair Wages insists

    March 28, 2023 0 Shares
    The Fair Wages and Salaries Commission has clarified its directive to heads of public sector institutions to conduct internal payroll audits as it plans to embark on the nationwide payroll...

    GUTA chides BoG for consistent increase in Monetary Policy Rate

    March 28, 2023 0 Shares
    The President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, has taken a swipe at the Bank of Ghana, following its announcement on the increment of the...

    Stop trying to subtly re-introduce nuisance taxes – GUTA slams govt

    March 28, 2023 0 Shares
    Ghana Union of Traders Association (GUTA) is not enthused with plans by the government to introduce three new taxes. According to GUTA, such taxes are obnoxious and will bring more...

    GSE signs MoU with MIIF to increase listing of mining companies

    by OmankyeameBusinessNewsMarch 24, 2023

    The Ghana Stock Exchange (GSE) has signed a Memorandum of Understanding (MoU) with Minerals Income Investment Fund (MIIF). This MoU was signed with the view to establish a practical framework…

    China to seek proper resolution with Ghana over $1.7bn debt

    by OmankyeameBusinessNewsMarch 23, 2023

    China would like to enhance communications with Ghana to seek a proper resolution of Ghana’s debt issue, its foreign ministry said on Thursday, March 23. Spokesperson Wang Wenbin made the…

    Don’t approve 5% tax on beverages, widen tax net – Food and Beverage Association tells government

    by OmankyeameBusinessNewsMarch 23, 2023

    The Food and Beverage Association of Ghana (FABAG) is up in arms over some tax proposals currently in Growth and Sustainability Bill. The Association’s Executive Director, John Awuni is urging…

    IMF bailout to depend on government’s ability to achieve 55% of debt to GDP – Fitch

    by OmankyeameBusinessNewsMarch 23, 2023

    The International Monetary Fund support for Ghana will likely depend on the government’s ability to show a path towards bringing the present value of debt to 55% of Gross Domestic…

    Producer Price Inflation for February 2023 was 50.8% – GSS

    by OmankyeameBusinessNewsMarch 22, 2023

    The Producer Price Index (PPI) rate for February 2023 was 50.8 percent, the Ghana Statistical Service (GSS) has announced on Wednesday, March 22. This rate indicates that between February 2022…

    Fitch upgrades Ghana’s Long-term local-currency IDR from ‘RD’ to ‘CCC’

    by OmankyeameBusinessNewsMarch 22, 2023

    International rating agency, Fitch, has upgraded Ghana’s Long-Term (LT) Local-Currency (LC) Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’. The issue ratings on local-currency bonds issued domestically that have not…

    We’re in good standing with ECG – KFC Management assures customers

    by OmankyeameBusinessNewsMarch 21, 2023

    Management of fast food restaurant chain, KFC, has assured its numerous customers that the establishment is in good standing with the Electricity Company of Ghana (ECG). Payment receipts provided by…

    Financial sector players must be transparent – Dr Dan Seddoh

    by OmankyeameBusinessMarch 21, 2023

    A Non-Executive Director of Databank MFund, Dr Dan Seddoh has called on players in the financial market to be transparent in their dealings with investors to help build back confidence…

    Scrap LPG taxes now – LPG Marketers Association

    by OmankyeameBusinessNewsMarch 17, 2023

    The Liquefied Petroleum Gas Marketers Association has renewed calls for the taxes on LPG to be scrapped. The taxes on LPG constitute about 13% percent of the pricing. Though the…

    Gold Fields, AngloGold rule out merger after Ghana joint-venture deal

    by OmankyeameBusinessNewsMarch 17, 2023

    Gold Fields (GFIJ.J) and AngloGold Ashanti (ANGJ.J) are not considering a full-scale merger after they agreed to combine their neighbouring Tarkwa and Iduapriem mines in Ghana to create Africa’s biggest…

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