Prof. Samuel Kobina Annim, Government Statistician GHANA’s YEAR-on-year inflation shot up by 2.2 per cent to reach 29.8 per cent in June 2022. The latest data from the Ghana Statistical
Twitter sues Elon Musk To Force Him To Complete Acquisition
Twitter has sued billionaire Elon Musk in an effort to force him to follow through with his deal to buy the social media company. The lawsuit, filed in the Delaware
Enforce Quality Standards – Oil & Gas Service Providers
Benjamin Armstrong PLAYERS IN the oil and gas industry are calling for the strict enforcement of standards and protocols across the value chain. According to the service providers, this
Construction Chamber Laments Delay In Payments
The Ghana Chamber of Construction industry has stressed that the government’s consistent delay in the payment of contractors is further worsening its debt position. According to the chamber, the
Mid-Year Budget Review Postponed
THE FINANCE Ministry has postponed the mid-year budget review amid engagement with officials from the International Monetary Fund (IMF) for the economic programme for the country. Finance Minister, Ken Ofori-Atta,
GSE Records -24% Return For Investors
Ekow Afedzie, Managing Director of the Ghana Stock Exchange The Ghana Stock Exchange (GSE) ended the first-half of 2021 with a negative year-to-date return of 24.13 per cent in dollar
Dr. Ofori Appointed Chamber of Bulk Oil Distributors CEO
Dr. Patrick Kwaku Ofori has been appointed the new Chief Executive Officer (CEO) of the Ghana Chamber of Bulk Oil Distributors (CBOD). His appointment takes effect on August 1st, 2022.
‘No Discount On Cocoa Premium’
Joseph Boahene Aidoo Chief Executive Officer (CEO) of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has countered suggestions for a discount in cocoa premiums. He said the call for
UMB Celebrates Alisa as part of 50th Anniversary Celebrations; Courtesy call on Alisa Group at Tema siteÂ
UMB CEO, Nana Dwemoh Benneh (4th L) with CEO of Alisa Hotel Group, Mr. Kwame Ofosu Bamfo during the Bank’s key customer visits to mark its 50th-anniversary celebrations. The leadership
IMF Bailout Will Stabilise Economy – GUTA
Dr. Joseph Obeng PRESIDENT OF the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, says  the IMF programme will help restore economic stability in Ghana despite the economic challenges
‘Non-Residents Can Use Passports For Bank Transactions’
Dr. Ernest Addison THE BANK of Ghana (BoG) has directed banks to allow non-resident Ghanaians who cannot access the Ghana Card to use their passports to access banking transactions. The
Cedi Sinks To Record Low
The cedi THE LOCAL currency weakened to a fresh low against the dollar this week, depreciating to 8.04 from 7.95 at last week’s close. Amid mass protests over soaring inflation
German Industries Risk Collapse Over Russian Natural-gas Supply Cuts
Germany’s top union official Yasmin Fahimi, has said the country’s entire industries could collapse due to Russia’s natural-gas cuts. Europe’s largest economy is heavily reliant on natural gas piped in