Category: BUSINESS
GUTA calls for immediate withdrawal of 5% excise tax on plastic manufacturing companies
The Ghana Union of Traders Association (GUTA) has demanded the immediate withdrawal of the 5% Excise Tax imposed on plastic manufacturing companies to [...]
Fuel prices to go up July 1 – COPEC
The Chamber for Petroleum Consumers (COPEC) has projected a rise in fuel prices in the first pricing window of July 2024.
Indications are that the [...]
Eurobond holders expected to forego $4.7bn in debt restructuring deal
This is part of agreement reached with the Bondholders in restructuring a $13.1 billion debt.
The term sheet covering the Eurobond deal, showed tha [...]
Cedi depreciation slows down but pressures still persist ; one dollar equals GH¢15.75
The depreciation of the Ghana cedi to the US dollar slowed down last week as it lost 0.96% in value to the American green back last week.
It howeve [...]
European Lotteries Association grants NLA Observer Membership status
Effective 17th June 2024, the National Lottery Authority (NLA) has assumed the status as
an European Lotteries (EL) Observer Member.
The decision [...]
Guinness Ghana appoints Samuel Markin as Supply Chain Director
After serving as Plant Manager for over 12 years, Mr. Samuel Markin has been appointed by Guinness Ghana as its Supply Chain Director.
Mr Markin ha [...]
GRIDCo and ECG announce 3-week ‘dumsor’
The Electricity Company of Ghana and the Ghana Grid Company Limited have announced a three-week power interruption.
A statement from the two entiti [...]
Fuel price increase: a litre of petrol, diesel selling at GH₵14.84
Some oil marketing companies have started increasing prices of petroleum products at the pumps.
Shell is selling a litre of petrol and diesel at GH [...]
BoG spent GH¢675.4m to print currencies in 2023
The Bank of Ghana spent GH¢675.4 million to print currencies in 2023.
According to its 2023 Annual Report and Financial Statement, this is a 107.4% [...]
We remain policy solvent to conduct operations despite loss recorded in 2023 – BoG
The Bank of Ghana has reiterated that it remains policy solvent to generate enough income to cover costs associated with monetary policy operations.
[...]