business
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Business
Inflation rate for May drops to 23.1%
The Ghana Statistical Service (GSS) has released the inflation rate for May 2024, which shows a significant decline to 23.1%.…
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Business
“Ghana Faces Cocoa Supply Crisis, Delays in Deliveries Expected”
Ghana, the world’s second-largest cocoa producer, is planning to delay the delivery of up to 350,000 tons of cocoa beans…
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Business
“Cocoa Shortage Threatens Local Processing Companies”
Cocoa processing companies in Ghana are facing significant challenges due to a shortage of cocoa beans, resulting in decreased production…
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Business
Government reaches historic debt agreement with official creditors
The government of Ghana has successfully negotiated a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC) regarding the…
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Business
“BoG reaffirms decision to revoke GN Savings & Loans’ license”
The Bank of Ghana (BoG) has justified its decision to revoke the license of GN Savings and Loans, dismissing claims…
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Business
“Otabil: GN Savings & Loans breached Foreign Exchange Act”
The Bank of Ghana’s Director of Communications, Bernard Otabil, has refuted claims by Dr. Papa Kwasi Nduom, Chairman of Group…
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Business
Ghana’s Economy on Brink of Collapse: Analyst Warns of Looming Crisis
Ghana’s economy is facing significant challenges that require immediate attention to prevent a severe economic downturn. The International Monetary Fund…
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Business
“Cowbell Celebrates World Milk Day by Providing Free Breakfast to 100,000 Students”
Promasidor Ghana, through its brands Cowbell and Twisco Chocolate Drink, commemorated the 2024 World Milk Day by providing 100,000 servings…
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Business
“ITA Airways Begins Flights to Kotoka International Airport”
ITA Airways has successfully launched commercial flight operations to Kotoka International Airport (KIA), marking a significant milestone in Ghana’s aviation…
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Business
“Ghana’s US$360m Loan Request Heads to IMF Board for Approval”
The International Monetary Fund (IMF) is expected to review Ghana’s second review programme for a third tranche of US$360 million…
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