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Economy
Bank of Ghana raises policy rate to 22 per cent
The Bank of Ghana (BoG) has raised the policy rate by 300 basis points to 22 per cent in a historic move meant to ease growing…
BoG To Hold Emergency Economic Review Meeting From Wednesday
The Monetary Policy Committee of the Bank of Ghana (BoG) is expected to hold an emergency meeting on Wednesday to review recent…
African Peer Review Mechanism unhappy with downgrade of Ghana’s economy
The African Peer Review Mechanism (APRM) has taken a swipe at the recent downgrade of Ghana’s economy by ratings agency S&P…
Electricity, water tariffs increased by 27.15%, 21.55% respectively;…
The Public Utilities Regulatory Commission (PURC) has announced tariff increases effective September 1, 2022.
Tariffs for…
First 1D1F facility doubles production in 3 years
The first factory commissioned under the One District, One Factory (1D1F) initiative has doubled its production in three years.…
Genser Energy secures $425m loan for gas project in Ghana
Genser Energy has successfully secured a loan of $425 million to develop a gas pipeline project in Ghana.
The loan will be paid…
Ghana Gas to construct 290km gas pipeline
Ghana Gas is set to construct a 290-kilometre gas pipeline in the country.
The Majority Chief Whip, Frank Annoh-Dompreh, made…
Bulk importers to be one of the hardest hit by Ghana’s poor credit ratings…
Businesses that require foreign investments and financing may be at the receiving end of Ghana’s economic downgrade by Fitch, and…
BoG gives assurance cedi’s stability will be restored
The Bank of Ghana has given strong indication that the recently approved $750 million Afriexim loan facility by Parliament once…
Any tariff increase will be business-friendly – PURC
The Executive Director of the Public Utilities Regulatory Commission (PURC), Dr. Ishmael Ackah has hinted at a tariff increment…