Finance
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$1 now sells for ¢13.75 as cedi suffers more depreciation
The woes of the Ghana cedi continued as it depreciated further to about ¢13.75 to the US dollar less than…
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Signs of 1948 riots are looming – Nana Oye
Former Gender Minister, Nana Oye Bampoe Addo (formerly Nana Oye Lithur) says the circumstances that led to the 1948 riots…
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High inflation rates affecting yields on T-bills – Report
A report by Databank Research noted that investors want higher yields on treasury bills as inflation continues to rise. The…
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US$1 hits GH¢12.10 as Cedi depreciation continues unabated
The Ghana cedi has been under pressure in the past few days as it hit GH¢11 to a dollar on…
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UNDP commits 700,000 dollars to SMEs in Ghana
The United Nations Development Programme (UNDP) has committed 700,000 dollars in support of Micro, Small and Medium Enterprises (MSMEs) operations…
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Brace yourselves for more economic challenges – IMF to world leaders
The International Monetary Fund (IMF), is asking countries across the world to brace themselves for more economic challenges. The Bretton…
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IMF revises Ghana’s growth rate from 5.2% to 3.2% for 2022
The International Monetary Fund (IMF) has revised Ghana’s growth rate from 5.2 percent to 3.6 percent for the 2022 fiscal year. According…
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Cocobod signs US$1.13bn trade finance deal for 2022/2023 crop season
Ghana Cocoa Board (COCOBOD) has signed a US$1.31-billion pre-export receivables-backed trade finance facility with a consortium of international financial institutions…
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Fear of exposure preventing shops from using E-VAT system – GRA
The Ghana Revenue Authority has stated that some shops are refusing to comply with its new directive to use the Electronic VAT…
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Ghana Cedi falls 40% to dollar
For nine months this year, the cedi has lost 40.05% in value to the US dollar, according to data from…
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