Business

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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.…

Cedi may not depreciate significantly for the rest of 2020 – Economist

An economic analyst with Databank, Courage Kwesi Boti has said he does not expect the cedi to depreciate significantly against…

Lack of clear policy direction affecting poultry industry – Poultry Farmers Association

The lack of clear policy direction governing the poultry industry in Ghana is negatively affecting the industry, Mr Tornia Abu…

Tension at Tiptoe Lane over attempts to close foreign-owned retail shops

There is tension at Tiptoe Lane near the Kwame Nkrumah Interchange in Accra following a decision to close down retail…

Inflation for July increases to 11.4%

Data released by the Ghana Statistical Service, GSS, indicate that, the Consumer Price Index (CPI) for July 2020 has increased…

Tax Analyst kicks against calls for VAT reduction for aviation and hospitality sectors

A Tax Analyst, Timore Francis Boi, has kicked against suggestions that the Value Added Tax (VAT) of 12.5 should be…
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