Fuel Prices To Reduce Further
The Deputy Finance Minister-designate, Kwaku Kwarteng, has assured that fuel prices will see further reduction following the passage of amendments to tax laws governing the petroleum sector. His...
Tag: economy
US Treasury Halts Retirement Outlays To Stay Under Debt Limit
US Treasury Secretary Steven Mnuchin on Thursday announced his department is suspending contributions to government retirement and disability funds in order to keep the country's debt under the...
GPHA Invests GHc13.3m Into Tema Shipyard
The Ghana Ports and Harbours Authority (GPHA) on Monday announced that it would invest GH¢13.3 million in the operations of PSC Tema Shipyard and Drydock Company to enhance its profitability. The...
Ecobank MASTERPASS QR Makes Payment Easier
Ecobank has provided an innovative digital platform for its customers to transact business electronically. The initiative dubbed the MasterPass QR is geared at bringing more convenience to customers....
Gov’t Must Probe MSP Operations At Tema Port
The Member of Parliament for Okaikoi Central, Patrick Yaw Boamah has called on government to conduct a forensic investigation into the activities of the Meridian Ports Services Limited (MPS) in...
Exporters, Importers Trained On Single Window System
Exporters in the country have been trained on the implementation of a single and shared exporter online registration system for export declaration, Tuesday. The export platform will enable exporters...
OMCs Yet To Reduce Prices As Goil’s Prices Drop By 1%
It appears most of the Oil Marketing Companies (OMCs) have not reduced the prices of their petroleum products for the first pricing window in March. This is contrary to predictions that fuel prices...
Euro MPs Approve ‘conflict Minerals’ Crackdown
The European Parliament on Thursday overwhelmingly approved a law requiring firms to ensure they do not use so-called conflict minerals from Africa and other areas that end up funding warlords. The...
Sierra Leone Pastor Unearths Massive 706-Carat Diamond
A pastor working in the mines of eastern Sierra Leone has unearthed a 706-carat diamond, the government said Thursday, pledging to hold a transparent auction for the gem in a nation once tainted by...
US Jobless Claims Dip In Mid-March
New claims for US unemployment insurance edged downwards in mid-March, continuing a record stretch of low-levels, the Labor Department reported Thursday. With an unemployment rate below five percent...
Exploding Letter ‘injures One’ At IMF Office In Paris
A letter has exploded and injured a person who opened it at the International Monetary Fund (IMF) office in Paris, security sources say. No further details about the incident were available...
GOIL Reduces Fuel Prices
Ghana’s foremost indigenous Oil Marketing Company and CIMG Petroleum Company of the year, GOIL, has reduced its ex-pump prices of petroleum products in the second window of the month of March. A...
Banks With Top Three Highest Mortgage Loans [Infographic]
The latest Annual Percentage Rate (APR) and Average Interest (AI) report by the Bank of Ghana has shown that GCB Bank offers the highest interest on mortgages as at the end of February. Potential...
Fuel Prices Down 2%
Prices of petroleum products have dropped at the pumps by 2-3%, according to the Chamber of Petroleum Consumers. “Indications from some of the major downstream players point to some 2-3% reductions...
Inflation Drops To 13.2% In Feb
Inflation for the month of February dropped to 13.2 percent. It represents a monthly change rate of 0.1 percent compared to the 13.3 percent recorded in January this year. According to the Ghana...
Interest On Car Loans Hits 35%
The average interest on vehicle loans offered by commercial banks has reached 35 percent as at the end of February this year; the latest Annual Percentage Rate (APR) report by the Bank of Ghana has...
Exporters Get Training On Single Window Implementation
Exporters in the country were yesterday trained on the implementation of a single and shared exporter online registration system for export declaration. The export platform will enable exporters...
When To Throw Out Your Favorite Beauty Products (and It’s A Lot Sooner Than You Think)
Quality makeup can come with an eye-watering price tag, so it’s no wonder women want to get their money’s worth by using up every last drop. But according to beauty insiders, eking your favourite...
Come Clear On Tax Cuts
Minority in Parliament has dared the Nana Addo led- government to state clearly how its tax cuts announced during the 2017 budget statement would benefit Ghanaians. According to the Deputy Minority...
Fitch Backs Government’s Growth Target
Ghana's economy is expected to grow by 6.3 per cent in 2017, compared to 3.8 per cent growth rate realised in 2016, ratings agency Fitch’s subsidiary BMI has affirmed. According to BMI, “while...