No Fuel Price Increment – Terkper
Outgoing Finance Minister Seth Terkper, who also doubles as acting Power Minister, has assured Ghanaians there will be no increment in fuel prices at least during the Yuletide. “As we stand here...
Tag: Ghanaian cedi
Printing Deals Boom Ahead of Christmas [Audio]
Various printing hubs in Accra are excited about what they describe as a boom in business this festive season. The printing hubs which hitherto complained bitterly of low productivity during the...
SSNIT Acquires 10 Percent of Access Bank
Citi Business News can confirm state pension fund manager Social Security and National Insurance Trust (SSNIT) has acquired a stake in Nigerian Bank, Access bank Ghana. SSNIT which acquired the stake...
SSNIT Acquires 10 Percent of Access Bank
Citi Business News can confirm state pension fund manager Social Security and National Insurance Trust (SSNIT) has acquired a stake in Nigerian Bank, Access bank Ghana. SSNIT which acquired the stake...
Fuel Prices Up By 6 Per Cent
Fuel prices have gone up by six per cent at the various service stations across the country, the Chamber of Petroleum Consumers Ghana has said. This current increases ranging between 4 and 6 per cent...
Cane Weavers Complain of Inadequate Supply of Raw Material As Market Booms
Cane basket weavers in Accra and its environs lament that they are unable to fulfill orders for their products due to the inadequate supply of cane which is the basic raw material for their products....
Why Do Ghanaians Still Trade Quoting New Cedis In Old Currency?
By Rockson Adofo I can’t still get my head around this phenomenon of the majority of Ghanaians still quoting prices in old Ghana Cedis. It is almost ten years since the Ghana Old Cedis were...
Why Do Most Ghanaians Still Trade Quoting Ghana New Cedis In Old Cedi Currency?
I can’t still get my head around this phenomenon of the majority of Ghanaians still quoting prices in old Ghana Cedis. It is almost ten years since the Ghana Old Cedis were redenominated into the...
Access Bank IPO Makes Cut To Successfully List On GSE
Access bank will officially list on the Ghana Stock Exchange (GSE) after successfully raising the minimum subscription needed to declare its Initial Public Offer (IPO) successful in order to list....
Waste Management Companies To Sell Off KMA Properties To Defray Debts
Waste managing contractors in Kumasi are up in arms against the Kumasi Metropolitan Assembly after the latter’s failure to pay them for collecting waste from houses in the Asowase and other...
The Last Straw That Broke The Camels Back
There is no reset button in life. You can’t take anything back, and you can’t undo anything. All of your actions have consequences, and the things you say and do today will have a lasting impact...
November Inflation Declines Slightly Hitting 15.5%
Ghana’s Consumer Price Inflation continues to decline as it dropped further to 15.5 percent in November from the 15.8 percent record in October 2016, down by 0.3 percentage points. The monthly...
ADB Fetches 326 Million Cedis From IPO
The Agricultural Development Bank (ADB) has raised about 326 million cedis in its Initial Public Offer (IPO). The bank was expecting to raise about 380 million cedis from the offer. A statement from...
Cedi Slide Amidst Polls Uncertainty
The local currency has come under intense pressure in the run-up to the elections, recording about 0.13 percent fall since November 30 and bringing the year-to-date depreciation rate to six percent....
BoG Board To Decide Modalities For Paying Minimum Capital
The Bank of Ghana (BoG) has announced that it will present its final report of the proposed Minimum Capital requirement to the board of the bank by close of this year. The Bank of Ghana earlier this...
Treasury Securities Continue To Slide
Yields on treasury securities continued their downturns as government’s appetite for short term securities declines. The week ending December 1 saw the rate of return on 91-day bill softening by...
Cedi To Depreciate Even Further
Economist Dr. Lord Mensah is predicting a further depreciation of the cedi ending the year beyond 4 cedis. According to Dr. Lord Mensah the festive season is likely to see the cedi depreciate as...
Appeals Court Hears AG’s Motion In NDK Judgement Debt Case Today
The Court of Appeal will today hear a case in which the Attorney General’s Department has filed for a motion of stay of execution in the case involving government and NDK Financial Services. The...
NDC Is Practising Woyomenomics, Not Economics
The vice presidential candidate of the opposition New Patriotic Party (NPP), Dr Mahamadu Bawumia has stated that the National Democratic Congress (NDC) government has over the last eight years...
Nana Akomea Shocked At Lumba’s Royalties
Communications Director of the New Patriotic Party (NPP), Nana Akomea has disclosed he received with utmost shock news of the amount veteran highlife musician, Daddy Lumba received as royalties for...