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Economy
U.S. Government awards $2.63 million grants to 12 agricultural finance…
The U.S. Government will award COVID-19 Relief and Resilience grants to 12 agricultural finance intermediaries at a ceremony in…
BoG uncovers ¢116.7m untraceable investments of collapsed MFCs, S&Ls…
The Bank of Ghana (BoG) says an untraceable investments amounting to ¢116.7 million of collapsed Microfinance Finance Companies…
Key directors, management of UT and Capital banks prosecuted for criminal…
Key Directors and Management staff of UT and Capital banks are being prosecuted for various criminal offences for their complicity…
Bawumia blames economic woes on Covid-19, Ukraine-Russia war, banking…
Government has blamed the country’s economic crisis on the effects of the banking reforms, Covid-19 and the Ukraine-Russia war.…
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…