Business

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33 % reduction in trade surplus recorded for first half of 2020

Ghana’s total exports for the first 6 months of 2020 exceeded its imports by 963 million dollars. That’s according to…

Twenty out of 24 banks in Ghana paid GRA GHS1.6 billion as corporate tax in 2019

Twenty (20) out of the twenty (24) banks licensed in Ghana by Bank of Ghana in 2019, paid a total…

Include us in bailout package – Menzgold customers to government

The Coalition of Aggrieved Customers of Menzgold wants its members to be included in government’s bailout package for depositors whose…

Government softens stance on controversial Agyapa Royalties deal

Government appears to have softened its stance on the controversial Agyapa Royalties agreement. This is the outcome of a meeting…

Ghana Rice sees huge demand as COVID-19 reduces imports

COVID-19 has undoubtedly had a negative impact on various economic activities globally. Nonetheless, there have been many positive gains for…

No one will be left out in bailout for clients of defunct fund managers – SEC clarifies

No customer will be excluded in government’s bailout package for persons whose funds have been locked-up in the 53 defunct…

End of year inflation target likely to be missed – Economist predicts

Economist, Dr. Lord Mensah, has cast doubt on Ghana’s ability to achieve its end of year inflation target of 8…

Remittances into Ghana shoot up despite impact of COVID-19 on jobs abroad

Data from the Bank of Ghana made available to Citi Business News shows that the flow of remittances into the…

We’ve paid all depositors of collapsed banks – BoG Governor

Governor of the Bank of Ghana, Dr. Ernest Addison has rejected claims that depositors who had their monies locked up…

Ghana could miss single-digit inflation for 2020 – Report

The country could miss out achieving single digit inflation for this year, as prices of some food items remain high.…
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