Business

Bank of Ghana Suspends Gold-for-Oil Programme Amid Financial Losses

Bank of Ghana Suspends Gold-for-Oil Programme Amid Financial Losses

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has announced the suspension of the country’s Gold-for-Oil programme…
Ghana Loses GH₵4.6 Billion to Tax Expenditures in 2023

Ghana Loses GH₵4.6 Billion to Tax Expenditures in 2023

Ghana’s Finance Ministry has revealed that the country lost GHȼ4.6 billion to tax expenditures in 2023, marking a 4.2% decline…
Government Pays GH₵6.081 Billion to DDEP Bondholders

Government Pays GH₵6.081 Billion to DDEP Bondholders

The Government has confirmed the payment of GH₵6.081 billion to bondholders under the Domestic Debt Exchange Programme (DDEP). In a…
NPA Introduces New Price Floor for Petroleum Products

NPA Introduces New Price Floor for Petroleum Products

The National Petroleum Authority (NPA) has set a new price floor for petroleum products for the second pricing window of…
Ministry of Finance Releases GH₵6.081 Billion to Settle Bondholders

Ministry of Finance Releases GH₵6.081 Billion to Settle Bondholders

The Ministry of Finance has allocated GH₵6.081 billion to settle all bondholders under the Domestic Debt Exchange Programme (DDEP), following…
Ministry of Finance Releases Report Reviewing Ghana’s VAT System

Ministry of Finance Releases Report Reviewing Ghana’s VAT System

The Ministry of Finance has published a new report evaluating Ghana’s Value Added Tax (VAT) system, developed in collaboration with…
Ghana’s Public Debt Stock Declines by 3.3% in November 2024

Ghana’s Public Debt Stock Declines by 3.3% in November 2024

Ghana’s public debt stock has experienced a notable decline, dropping to GH¢736.0 billion in November 2024, from GH¢761.0 billion in…
Timber Export Value Reaches 92.6 Million Euros in Third Quarter

Timber Export Value Reaches 92.6 Million Euros in Third Quarter

The Forestry Commission has announced that Ghana’s timber export value for the third quarter of 2024 reached 92.6 million euros,…
CBOD CEO Reports 30% Increase in Petroleum Product Demand in Final Quarter of 2024

CBOD CEO Reports 30% Increase in Petroleum Product Demand in Final Quarter of 2024

The Chief Executive Officer (CEO) of the Ghana Chamber of Bulk Oil Distributors (CBOD), Dr. Patrick Kwaku Ofori, has disclosed…
ECG and GRIDCo Announce Resumption of Operations After Gas Supply Suspension

ECG and GRIDCo Announce Resumption of Operations After Gas Supply Suspension

The Electricity Company of Ghana (ECG) and the Ghana Grid Company Limited (GRIDCo) have announced the resumption of operations at…