Kojo Oppong Nkrumah THE INFORMATION Minister, Kojo Oppugn Nkrumah says the Bank of Ghana (BoG) has announced provision of liquidity support to banks, savings and loan companies, and financial houses
Electronic Payment Usage Goes Up
Dr. Ernest Addison, Governor of Bank of Ghana THE BANK of Ghana (BoG) says more people resorted to the use of digital payments than ever before during the partial lockdown
Awotwi Exits Tullow Ghana
Kweku Awotwi THE Managing Director (MD) of Tullow Ghana, Kweku Awotwi, is stepping down from his position after reaching his retirement, the company has announced. He would be succeeded by
Mobile Ultrasound Hits Local Market
Kwaku Agyeman-Manu, Health Minister An ultrasound scanner, Butterfly iQ, designed to replace stethoscope, is billed to hit the Ghanaian market and revolutionize healthcare delivery in the country. The new diagnostic
50% Benchmark Value Is Still Applicable – GRA
Ammishaddai Owusu-Amoah– GRA boss The Ghana Revenue Authority has dismissed reports that it has been directed by the Ministry of Finance to reverse the 50% benchmark value on imports. According
Demand For Bank Credit Drops
The Bank of Ghana (BoG) has reported that the general economic uncertainty occasioned by the outbreak of the novel coronavirus (Covid-19), has reduced demand for bank credit. It says commercial
Trade Balance Records $936.4m Surplus – BoG
Dr. Ernest Addison Ghana’s trade surplus has been surged by 1.4 per cent in the first quarter of this year to a new record after a marginal fall in export
We’re Not Introducing New Taxes On Energy – GRA
The Ghana Revenue Authority (GRA) has said it does not seek to introduce any new taxes on energy and capacity charges. It says “the supply of electricity to a dwelling
COVID-19 Vivo Energy and Retailers Install Water Storage Facilities at Lorry Parks and Markets
Koforidua – 15th May 2020: Vivo Energy Ghana, the Shell Licensee, in partnership with its retailers, have installed three water storage tanks and handwashing facilities at the Koforidua Central market
BoG Maintains Policy Rate At 14.5%
The Bank of Ghana (BoG) has maintained the lending rate at 14.5 per cent. Governor of the Central Bank, Dr. Ernest Addison, made this known in a Live Facebook address
Registrar-General Releases Guidelines For AGMs
Jemima Mamaa Oware, Registrar-General The Registrar of Companies has directed companies wishing to hold Annual General Meetings (AGM) to do so electronically. This is in view of the coronavirus (Covid-19)
Tuc Wants Govt To Invest Gh¢18bn In Economy To Save Job
Dr. Anthony Yaw Baah, TUC secretary-General The Trades Union Congress, TUC, is asking government to inject about GH¢18 billion into the various sectors of the economy to help lessen expected
Inflation Records 10.6% For April
Prof Samuel Annim, Gov’t Statistician THE YEAR-on-year inflation rate for April this year was 10.6%, 2.8 percentage points higher than last month. Month-on-month inflation between March 2020 and April 2020