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The Ghana Statistical Service is set to roll out a new module for calculating inflation as it works to reveal the basket of goods.
Inflation for November has gone up marginally to 23% from the October figure of 22.1%. The adjustment was influenced by rising prices of some food stuff on the market over the past month.
The International Monetary Fund (IMF) Board has passed Ghana on the third programme review and approved disbursement of some US$360 million to Ghana.
The Bank of Ghana has assured that the cedi's recent rebound should continue with the dissipation of election-related uncertainties and the improved foreign exchange buffers accumulated by the central bank.
Industries and traders have ruled out reducing the prices of goods despite the recent improvement in the cedi's performance against the dollar.
Some financial sector stakeholders doubt the Bank of Ghana's gold coin initiative's ability to fully mop excess liquidity.
The Bank of Ghana has released the pricing guidelines for Ghana Gold Coin (GGC) this week. The GGC is issued and guaranteed by the Bank of Ghana and is available in three different sizes including one ounce, half ounce and a quarter ounce.
Sunon Asogli Power Ghana Limited has announced the resumption of operations at its 560-megawatt power plant following an emergency funding intervention by government.
Economist, Professor Lord Mensah describes IMF verdict on Ghana's program performance as a major boost for the economy.
The governor of the Bank Of Ghana, Dr. Ernest Addison states that the Bank Square is an architectural masterpiece that stands as a testament to Ghana's growing influence in Africa's financial ecosystem and its commitment to sustainable development.
Oil Marketing Companies have started reducing prices of petroleum products at the pumps. Industry giant GOIL has taken the lead, selling a litre of petrol for GH₵14.35.
According to the Chamber for Petroleum Consumers, the price of petrol is expected to drop about 5.06% and diesel by 3.88%.
The Bank of Ghana (BoG) has suspended the Foreign Exchange Trading Licence of Consolidated Bank Ghana (CBG), with effect from November 26, 2024, for a period of one month.
The Bank of Ghana has revealed that liquidity risk remains well-contained in the banking industry, provided the Government of Ghana (GoG) bonds are liquid.
The Government of Ghana has officially launched its high-speed 5G internet service.
Finance Minister Dr Mohammed Amin Adam has reassured businesses and market stakeholders, stressing that the Bank of Ghana (BoG) holds sufficient dollar reserves to meet market demands.
Ghana's debt is expected to decline to 70% of Gross Domestic Product (GDP) in 2024 from 77% of GDP in 2023. It is also expected to narrow to 68% in 2025 and 2026 respectively
GOIL, TotalEnergies and Shell which used to be the big players in Ghana's downstream petroleum sector have been losing out on market share in the last few months, data from the National Petroleum Authority, (NPA) has shown.
Government has resumed servicing its Eurobond debts after the completion of the exchange programme with bondholders last week. JOYBUSINESS understands that a total amount of US$520 million has been paid to the Eurobond holders.
The Minister for Food and Agriculture, Dr Bryan Acheampong is projecting prices of foodstuffs will go down by more than 50% in the coming months.Dr Acheampong assured that the government is working hard to provide relief to only farmers affected by the recent dry spell.
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