Dr. Ernest Addison The Monetary Policy Committee of the Bank of Ghana (BoG) has increased its policy rate to 30% representing 50 basis points rise. This increment, totaling 15.5%
Banks Record 51.4% Growth In Half-Year Profit
A banking hall The banking sector’s profitability improved in the first half of 2023, as banks profit-after-tax stood at ¢4.3 billion, up from ¢2.8 billion. This represents a 51.4%
GCAA Courts Stakeholders On Aviation Safety
Deputy Director-General, Technical, Ghana Civil Aviation Authority (GCAA) Daniel Acquah, has said the authority is committed to collaborating with the Aircraft Accident and Incident Investigation and Prevention Bureau (AIB),
Economy Expected To Show Positive Stabilisation Signs
Ken Ofori-Atta As the nation eagerly waits for the Finance Minister, Ken Ofori-Atta, to present the highly anticipated Mid-Year Budget to Parliament on Friday, July 28, 2023, expectations are
Twitter changes Bird logo to ‘X’
Twitter has launched its new logo, dropping the blue bird on its website for an X as part of a wider rebranding. The social media network’s site on Monday showed
Afriyie Akoto Proposes New Agric Business Model
The Panel at the public lecture Flagbearer hopeful of the New Patriotic Party (NPP), Dr. Owusu Afriyie Akoto, has proposed a new innovative business model for the country to
MEGA6 Lotto Launch New Mobile App
NLA Boss, Sammi Awuku and a representative from MEGA6 Lotto game Zeta Technologies Ltd, a Ghanaian software development company, has officially launched its highly anticipated MEGA6 Lotto game, ushering
Ghana Records $1.77bn Trade Surplus In First Half – BoG
Major trade commodities The Bank of Ghana has indicated that the country recorded a trade surplus of $1.77 billion in the first half of 2023, approximately 2.4% of Gross
‘Govt Implementing Measures To Reset Economy’
Abena Osei-Asare Deputy Minister of Finance, Abena Osei-Asare has assured Ghanaians of the government’s effort in implementing a raft of policy measures approved by parliament in the 2023 Budget
Meta Announces 21% VAT on Facebook Ads
A Facebook Ad Meta, the parent company of Facebook has announced that starting August 1, 2023, it will charge Value Add Tax (VAT) and levies on sales of ads
‘Inflation Crisis Drawing More Into Poverty, Food Insecurity’
A pictorial depiction of food inflation A latest World Bank report has revealed more people are pushed into poverty and food insecurity as a result of sever inflation crisis
WAMI Predicts Increase In West Africa GDP
Dr. Olorunsola Olowofeso The ECOWAS economy is predicted to grow from $777 billion to about $900 billion after the full completion of the West African Capital Market Integration (WACMI).
Producer Price Inflation Drops To 29.2 %
Prof. Samuel Kobina Annim The year-on-year Producer Price Index (PPI) between June 2022 and June 2023 is 29.2 per cent. This representing a 1.1 percentage point decrease in producer