Business

Ghana Business and Financial News

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Ghana reaches agreement with IMF on $1 bn aid deal

Ghana reached an agreement with the International Monetary Fund (IMF) on Wednesday for a three-year aid deal worth around $1 billion aimed at restoring fiscal stability to the country, a source close to the talks told Reuters

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Businesses call on President Mahama to intervene on taxes

The business community in Ghana on Wednesday called on President John Dramani Mahama to intervene, as a matter of urgency, to address the numerous taxes that are collapsing their businesses

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Producer Price Inflation decreased in January

The Producer Price Inflation (PPI) rate for January 2015 decreased to 23.5 per cent, as compared to 34.2 per cent recorded in December 2015, the Deputy Government Statistician, Mr Baah Wadieh, said on Wednesday

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Govt downplays IEA’s damning economic assessment

Govt downplays IEA’s damning economic assessment

Government has rejected the Institute of Economic Affairs’ damning verdict about Ghana’s excessive borrowing which it predicted could collapse a worsening economy

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GOtv Ghana Limited holds 5th raffle draw

GOtv Ghana Limited, at the weekend held its last draw of the raffle campaign dubbed: “GOtv GYE WO DIE3 PROMO”, in Accra to reward its existing and new subscribers

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Financial company supports growth of SMEs

Golden Pride Savings and Loans Limited, a financial company, dedicated to private sector growth, has made available GH¢4.5 million in support of small-scale and medium enterprises (SMEs) in the Obuasi Municipality

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Revenue from Natural resources will be prudently managed-Terkper

Revenue from Natural resources will be prudently managed-Terkper

Mr Seth Terkper Minister of Finance and Economic Planning, on Tuesday said government is working assiduously to ensure that the enhanced revenues from the country’s natural resources are prudently managed and utilized for the benefit of the people

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Ghana Cedi depreciated by 31.2 per cent in 2014 – BoG

Ghana Cedi depreciated by 31.2 per cent in 2014 – BoG

The cumulative depreciation of the cedi for 2014 was 31.2 per cent compared to 14.5 per cent in 2013, the Bank of Ghana (BoG) has said

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Many Ghanaian businesses are collapsing – survey

Many Ghanaian businesses are collapsing – survey

survey conducted by the College of Community and Organisation Development (CCOD), a Sunyani-based Technical University, reveals that four out of every five private business organization in the country collapses by the fifth year of its operation

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Illegal postal and courier operators to be flushed out

The Postal and Courier Services Regulatory Commission on Wednesday advised companies and individuals operating postal courier services without license from the Commission to regularize their operations

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Microsoft to reward customers with brand new cars

Microsoft Mobile Devices and Services is set to give away five brand new cars to its customers in the Lumia “#MakeItHappen”Promo

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Ecobank confident of strength of its appeals

The Board of Directors of Ecobank Transnational Incorporated, parent company of the Ecobank Group, held a special meeting in Accra yesterday to discuss recent court judgments in Côte d’Ivoire and Togo

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SG Ghana launches Bancassurance products

Ghanaians are being offered yet another innovative and convenient banking service through Societe Generale Ghana’s new insurance partnership with Allianz Insurance Company Limited, to provide two Bancassurance products

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Partners organised workshop on Public Private Partnership (PPP)

Partners organised workshop on Public Private Partnership (PPP)

The Ministry of Finance in collaboration with the World Bank and the Agence Francaise de Development (AFD) have organised a five-day national workshop on good practices on building Public Private Partnerships (PPPs) at Akosombo in the Eastern Region

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Ghanaian contractors for training in Morocco

Members of the Association of Building and Civil Engineering Contractors of Ghana (ABCECG) are to benefit from free training in Morocco, as part of efforts to build their capacities

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Court to rule on motion by BoG on February 16

Court to rule on motion by BoG on February 16

The Industrial and Labour Court hearing the case involving Government and the 12 labour unions on Monday adjourned the case for ruling on the motion filed by the second defendant to February 16

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