Business

BoG to offload shares in ADB; pledges to fix recurring problems in state-owned banks

The Bank of Ghana has pledged to offload its shares in ADB Bank to the government. It has also vowed…

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World Bank lauds Ghana’s progress toward economic recovery but warns of ongoing challenges

Ghana has made notable strides toward macroeconomic stabilisation, with significant improvements in key areas such as inflation, debt restructuring, and…

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Stop borrowing from unregulated online lending apps – Public warned

The public has been warned against borrowing from online lending apps that have not been sanctioned by the Bank of…

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UAE suspends 32 gold refineries in anti-money laundering investigation

The United Arab Emirates suspended this week operations in 32 of its gold refineries after inspections revealed that its gold…

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Inflation for July drops to 20.9%.

Inflation for July 2024, dropped to 20.9%. This represents a decline of a significant 1.9 percentage points from that of…

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Deloitte calls for full implementation of Independent Tax Appeals Board

Deloitte Ghana is calling for the full operationalization of the Independent Tax Appeal Board (ITAB), a move it believes will…

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Too many tax exemptions impacting negatively on Ghana’s tax revenue – World Bank

The World Bank has revealed that Ghana’s tax system does not generate as much revenue as it could because of…

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Some manufacturing companies responsible for exchange rate volatilities – Finance Minister

The Minister of Finance, Dr Mohammed Amin Adam has expressed worry about the conduct of some local manufacturing companies. He…

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BoG sanctions 47 individuals, 245 business entities for issuing dud cheques

The Bank of Ghana has sanctioned 47 individuals and 245 business entities for continuous issuance of dud cheques. The Central…

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Inflation to end year at 19.3%–21.3% – Report

Research firm, IC Research is raising its 2024 annual inflation forecast by 340 basis points to between 19.3% and 21.3%.…

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