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Ghana’s macroeconomy is favorable – IMF

The International Monetary Fund, IMF has given Ghana’s economy a clean bill of health. According to an IMF team which is in the country for Article 4 Consultations, Ghana’s economy remains favorable. The IMF team on Wednesday, October 9 met ...

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Water, Electricity & Comm Service tariffs hike takes effect today

Consumers will be paying more for services starting today following the announced increment in utility tarrifs and as well as taxes on communications services which takes effect today. The Public Utility Regulatory Commission(PURC) has increased water tariff by 2.2% while ...

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BoG case against UniCredit dismissed, slapped with GHc3000 cost

The Vacation Court in Accra has dismissed an application by lawyers of the Bank of Ghana (BoG) seeking the court to strike out UniCredit case challenging the BoGs letter revoking its operational license. UniCredit after the Central Bank revoked it ...

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Transport fares go up by 10% today

The 10% increment in public transport fares is expected to take effect today, Monday, September 16, 2019. The Ghana Private Road Transport Union (GPRTU) announced the increment last Tuesday to cover intra-city transportation popularly known as Trotro, intercity or long-distance ...

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Minimum capital requirement for Mobile Money companies pegged at GH¢20 million

+The Bank of Ghana in regulating the emergence of new payment streams, has issued the minimum capital for the licensing and authorisation of various payment service providers and financial technology companies. The Central Bank in a notice on Thursday, September, 12, ...

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Help achieve self-reliant Ghana – Akufo Addo to sector players in Agric value chain

President of the Republic, Nana Addo Dankwa Akufo Addo, has appealed to private sector players in the agriculture value chain to join hands with his government in order to achieve a self-reliant Ghana together. Addressing a ceremony to formally commission ...

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Nduom releases list of over 4k debtors owing him GHc423m

Groupe Nduom has published a list of companies, Schools and individuals indebted to Gold Coast Fund Management (GCFM) This is in line with the processes undertaken by the President and Chairman of Groupe Nduom (GN), Dr. Papa Kwesi Nduom through ...

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Fiscal discipline restored – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo, says his Government, over the course of the last two and a half years in office, has succeeded in restoring fiscal discipline in the management of the economy, resulting in the macroeconomic indices pointing in ...

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Govt not responsible for GN Savings’ insolvency – Dep. Info. Minister

Government has refuted claims that its indebtedness to GN Savings and Loans caused the insolvency of the financial institution hence their closure. The response comes after some residents of Elmina, at a press conference blamed the Akufo-Addo-led government for the ...

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uniCredit sues BoG over revocation of license

The parent company of uniCredit, Hoda Holdings, has sued the Bank of Ghana (BoG) for revoking its licence. In a writ filed before the Human Rights Division of the High Court on Monday, 19 August 2019, the shareholders asked to ...

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