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Wednesday, May 31, 2023
Fuel prices will fall between 2% and 9% for the third consecutive time from April 1, 2023 with Liquefied Petroleum Gas (LPG) expected to witness its biggest decline in recent times. According to the Institute for Energy Security, LPG will...
Kamala Harris, US Vice President has assured to deepen the United States of America’s economic ties with the world’s second-largest cocoa producer Ghana and other African countries. Her visit to Ghana, since becoming the Vice President of US, comes at...
The International Monetary Fund (IMF) has asked Ghana’s government to secure financing assurances from its partners and creditors before a request for a bailout is presented to the Executive Board for approval. Responding to a question at a news conference...
The Deputy Minority Leader, Emmanuel Armah Kofi Buah says the recent decline in petroleum products has nothing to do with government’s gold for oil programme. Petroleum prices have witnessed some marginal decline in the last few weeks with government functionaries...
The Convener of the Individual Bondholders Forum, Senyo Hosi, has slammed the Finance Ministry, the Ghana Stock Exchange (GSE) and the Securities and Exchange Commission (SEC) over their woeful handling of the financial market. Speaking on the Citi Prime News on Tuesday,...
Newmont Africa’s Ghana operations at Ahafo South and Akyem mines has paid a total of ¢2.76 billion in taxes, royalties, levies, and carried interest to the government of Ghana in 2022. This was through the Ghana Revenue Authority, Forestry Commission,...
The cedi recouped some lost value against the US dollar and other major trading currencies last week. At the close of trading in the week ending March 4, the local currency continued the run of volatility with the GH¢12.5 to...
The bond market declined by about 52.50% year-on-year in market turnover in the month of February 2023. According to the Ghana Stock Exchange’s Summary of February 2023 Market Activities, the month closed with a total volume trade of 9.17 billion. This...
Government rejected all the bids for the sale of Treasury bills from investors on Friday March 3, 2023. Joy Business learnt that government rejected the offer because the 35% plus interest that the investors, largely banks were quoting were too...
The Ministry of Finance has allayed the fears of individual bondholders on payment of principals and coupons on their old bonds. According to the Ministry, it will start payments on all the old bonds from March 13. The Ministry said this...
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