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Accra
Friday, February 23, 2024
Starting on Friday, December 1, Mobile Money (MoMo) agents across Ghana will enforce a temporary measure restricting cash withdrawals to a maximum of GH¢1,000 per transaction. This decision is outlined in a joint statement issued by four MoMo Associations: the...
Telecommunications giant MTN Ghana has officially released its updated tariffs, effective today, November 28, 2023. In an advertisement featured in the November 28, 2023 edition of the Daily Graphic newspaper, MTN clarified that the tariff adjustments were prompted by regulatory...
An Accra High Court has issued a landmark ruling on the tax assessment of Maersk Drillship IV Singapore, declaring that its income arising from its Ghanaian Permanent Establishment is assessable, rejecting the company’s claim of exemption under the Petroleum...
The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate at 30 per cent. Despite the broad improvement in economic conditions supported by a decline in inflation and stable currency, the committee decided to maintain...
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva has lauded Ghana for strong policies that ensured a successful first review of the $ 3 billion deal. Madam Georgieva said this in a tweet after Meeting President Nana Addo Dankwa Akufo-Addo at...
Ghana’s Cocobod has borrowed between $150 million and $200 million from cocoa traders to finance bean purchases since the 2023/24 season opened due to a delay in securing a bank loan, the regulator’s public affairs manager said on Tuesday. This...
Finance Minister Ken Ofori-Atta has said that the recent World Bank-International Monetary Fund (IMF) meeting held in Marakesh, Morroco provided a platform to raise issues such as financial architecture recalibration and the challenges distressed countries faced due to the...
Prices of petroleum products are expected to go down at all pump stations beginning today, October 16, 2023, for the next pricing window. According to the Institute for Energy Security (IES), the reduction is to reflect international market dynamics. Specifically, it...
Former Chief Executive Officer of defunct Capital Bank, Ato Essien has been sentenced to 15 years imprisonment with hard labour. This follows his failure to pay in full an amount of GH¢90 million he agreed to pay the state despite...
New figures released by the International Monetary Fund (IMF) on Tuesday, October 10, 2023, at the IMF/World Bank meetings in Morocco suggest a more optimistic outlook for Ghana’s economic growth in 2024, compared to the dip projected for 2023. The...
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