BUSINESS NEWS
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Ghana’s embassy in Washington DC closed down over alleged corrupt practices by staff
The Ghanaian Embassy in Washington D.C. has been closed due to allegations of corrupt practices involving embassy staff. The closure…
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IMF to disburse $360 million to Ghana in June 2025 – Dr Asiama confirms
The Governor of the Bank of Ghana Dr Johnson Asiama has announced that a $360 million disbursement from the International Monetary…
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$12 Million Monthly Compensation for Over 10,000 Staff: Randy Abbey reveals plan to cut costs at COCOBOD
The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr Randy Abbey, has announced a comprehensive payroll audit to…
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US dollar falls to lowest since 2023 as investors eye trade risks
The US dollar slumped to its lowest level since 2023 as new tariff threats from President Donald Trump and the…
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Car dealers predict drop in prices as cedi strengthens against US dollar
Some vehicle dealers in Ghana are expressing optimism that the cost of vehicles, especially second-hand imports, could drop in the…
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Cedi Rise Sparks Mixed Reactions Among Business Operators in Takoradi
The recent appreciation of the Ghanaian cedi against major international currencies has sparked a range of reactions among business operators…
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GHACEM Cement Price Drops Significantly as Cedi Strengthens
In a welcome development for the construction industry and consumers alike, GHACEM has reduced the price of its cement from…
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T-bills: Government to borrow GH¢5.54 billion in May 23 auction
The government aims to raise GH¢5.54 billion in its treasury bills auction today, May 23, 2025. This target is GH¢1.14…
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Professor Gatsi leads BoG’s expert team to advance Islamic Banking in Ghana
The Bank of Ghana is taking strategic steps toward the implementation of Islamic Banking, with newly appointed Monetary Policy Committee advisor,…
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BoG awaiting shareholders’ agreement in ongoing sale of Société Générale Ghana
The Bank of Ghana (BoG) says it is awaiting final agreement between parties involved in the sale of shares in…
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