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...
Tag: economy
China Calls Out Nike On Consumer Rights
US sporting-goods giant Nike has become the latest foreign brand to receive a high-profile rebuke from an influential Chinese consumer-affairs programme that has previously forced Apple and...
China Lifts Short-Term Rates For Third Month Straight To Steady Yuan, Battle Debt
China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U....
Ecobank Launches Masterpass QR To Boost Digital Payment
Ecobank Ghana has introduced Masterpass QR to boost safe and secure digital payment via the mobile phone for booth the banked and the unbanked. Ecobank's Masterpass QR was designed by global card and...
Parliament Approves 2017 Budget Tax Cuts
Parliament has approved all four tax bills presented by the Finance Minister to enable the government to enforce tax cuts outlined in the 2017 budget statement. The bills including; the Income Tax...
February Inflation Drops Marginally To 13.2%
Ghana has recorded a 13.2% in its year-on-year inflation for February 2017 being the lowest inflation recorded since December 2013. The figure represents a drop of 0.1% points, from the 13.3%...
Ecobank Launches MasterPassQR To Deepen Financial Inclusion
As part of measure aimed at deepening financial inclusion, Ecobank Ghana has launched the Ecobank MasterPass QR to its digital range of products. The MasterPass QR was designed together with world...
US Fed Raises Benchmark Interest Rate A Quarter Point
The US Federal Reserve on Wednesday raised the benchmark interest rate a quarter point, noting that inflation is moving closer to the central bank's two percent target. But in announcing the first...
Exporters Undergo Training On Online Registration System
Exporters in the country have been trained on the implementation of a single and shared exporter online registration system for export declaration. The export platform will enable exporters lodge...
Inflation Drops Again To 13.2% In February
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...
Adwoa Sarfo Named Minister of State In Charge of Procurement
Member of Parliament for Dome Kwabenya, and Deputy Majority Leader, Adwoa Sarfo, has been appointed a Minister of State at the presidency in charge of Public Procurement. Her name was among a list of...
Clarify How Ghanaians Will Benefit From Tax Cuts – Minority Demands
The Minority in Parliament is asking government to clarify how its tax cuts announced last two weeks would benefit Ghanaians. Deputy Minority leader, James Klutse Avedzi, said government has to state...
US Financial Regulator Calls For Easing Rules On Banks
A top Trump administration financial regulator said Wednesday that tough bank capital requirements should be "recalibrated" as part of a regulatory pullback in order to boost economic growth. J....
Trump’s Wall Poses A Dilemma For Hispanic Contractors
Some Hispanic business owners in the United States are offering to help build President Donald Trump's wall to keep out unauthorized immigrants on the Mexican border, despite controversy and their...
Fuel Prices Expected To Drop
The Institute for Energy Sector has predicted that prices of gasoline (Petrol) and gasoil (Diesel) at the pump are expected to fall by at least 3% in the last pricing-window in March 2017. In a...
Unilever Review Covers Costs, Deals, Balance Sheet
"We do see it as an inflection point," Pitkethly said at the conference in Florida. Unilever (ULVR. L) (UNc.AS) is considering returning cash to shareholders, making medium-sized acquisitions and...
Bangladesh Nobel Laureate Sued Over ‘unpaid Arrears’
Staff at a Bangladeshi company set up by microfinance pioneer Mohammad Yunus are suing the Nobel laureate over millions of dollars in allegedly unpaid dues, their lawyer said Wednesday. They say...
Donald Trump’s 2005 Tax Return Leak Reveals $38m Bill
US President Donald Trump paid $38m (£31m) in tax on more than $150m (£123m) income in 2005, a leaked partial tax return shows. The two pages of tax return, revealed by US TV network MSNBC, also...
Elumelu Speaks On Africapitalism To Youths At Legon
Tony Elumelu visited Ghana as the first stop of his tour of Africa propagating the ideal of Africapitalism. In continuation of his strategic vision of engineering a robust economic and business...
Asian Stocks Mark Time, Waiting For Clearer View On U.S. Rates
Asian stocks consolidated recent gains on Wednesday before a U. S. central bank policy meeting that could signal how much monetary tightening to expect during the remainder of the year, with an...