Category: BUSINESS
IMF endorses utility tariff hike as crucial step for stabilizing energy sector
The International Monetary Fund (IMF) has thrown its support behind the Public Utilities Regulatory Commission’s (PURC) recent decision to increase ut [...]
China slaps 125% tariff on US imports
China has imposed a 125% tariff on US imports, escalating trade tensions between the two nations. This dramatic increase from the previous 84% rate mi [...]
BoG warns against criminal misuse of currency transport boxes
The Bank of Ghana (BoG) has issued a strong warning against the improper use of its currency transport boxes after the discovery of several BoG-brande [...]
BoG to cut policy rate in July 2025 – Report
IC Research, the research arm of IC Securities, believes the Bank of Ghana will cut its policy rate for the first time since November 2024 in July 202 [...]
‘Jobs are going to be affected’ – Trade expert warns of fallout from Trump tariffs
West Africa Director for CUTS International, Appiah Kusi Adomako, has sounded the alarm over potential job losses in Ghana following the United States [...]
Fuel prices set to rise from today; but not all OMCs will follow suit
Prices of petroleum products are expected to see marginal increases at the pumps starting today, April 2.
This is based on the latest Pricing Outlo [...]
Cedi is 7th strongest currency in Africa in quarter 1 2025
The Ghana Cedi placed 7th as the strongest currency in Africa as of the end of the first quarter of 2025.
Its currency per value was estimated at G [...]
T-bills auction: Government misses target first time in 2025; declining interest rates cease
The government missed its treasury bill target for the first time in 2025.
According to auction results by the Bank of Ghana, the government record [...]
Some Eurobond investors hit by DDEP hint at legal action against banks
Some Eurobond investors impacted by the Domestic Debt Exchange Programme (DDEP) have taken steps to initiate legal action against some commercial bank [...]
E-Levy removal to take effect by end of March – Deputy Finance Minister
Deputy Finance Minister Thomas Ampem Nyarko has confirmed that the removal of the controversial Electronic Levy (E-Levy) will take effect by the end o [...]