Treasury Bill Demand Remains High Despite Falling Yields
Investor appetite for Treasury bills remains strong, with the latest auction results from the Bank of Ghana showing a significant oversubscription of 43.85%.
The government...
Fuel prices projected to increase by Friday, Jan. 17 2025 due to cedi depreciation
Prices of petroleum products are set to rise slightly at fuel pumps starting Friday, January 17, 2025.
This anticipated increase is attributed to a surge...
Fidelity bank dismisses reports of seizing US$25m from MIIF
Fidelity Bank has categorically denied allegations that it seized $25 million belonging to the Minerals Income Investment Fund (MIIF).
Recent reports claimed that MIIF, an...
Ministry of Finance Releases Report on Ghana’s VAT System
The Ministry of Finance has published a comprehensive report assessing Ghana’s Value Added Tax (VAT) system, produced in collaboration with researchers from the Institute...
Cedi Maintains Strong Performance Against US Dollar, Trades at GH¢15.75
The Ghanaian cedi continued its positive trend in the retail market, trading at an average of GH¢15.75 per US dollar on February 17, 2025....
Lack of fiscal discipline plunged Ghana into full-fledged crisis in 2022 – World Bank
The World Bank has attributed Ghana's full-blown economic crisis in 2022 to a combination of poor fiscal discipline and costly responses to global shocks.
In...
Importers and Exporters Association Calls for Reform, Not Removal, of ICUMS
The Importers and Exporters Association has called for reforms to the Integrated Customs Management System (ICUMS), rather than its complete removal, emphasizing the system’s...
World Bank Warns Ghana Against Premature Return to International Capital Markets
Robert Taliercio, the World Bank Country Director for Ghana, Liberia, and Sierra Leone, has cautioned Ghana against hastily re-entering international capital markets, warning that...
Cedi continues strong run against dollar; one dollar equals GH¢15.81
The Ghanaian cedi continued its strong performance last week, appreciating against the US dollar and other major foreign currencies in the retail market.
This positive...
Lawsuit Withdrawn, Clearing Path for Anthony Kwasi Sarpong to Lead GRA
Anthony Kwasi Sarpong can now continue as Acting Commissioner-General of the Ghana Revenue Authority (GRA) without legal obstacles after a lawsuit challenging his appointment...
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T-Bills Oversubscribed by GH¢5.29bn
Investor demand for Ghana’s Treasury bills remained strong at the latest primary market auction, with bids almost doubling the government’s target as yields continued...
Mahama Hints at New Cedi Notes
President John Dramani Mahama has revealed that Ghana’s cedi is long overdue for a refresh, with the Bank of Ghana considering plans to upgrade...
NaCCA Issues Fresh Warning to Schools Over Exams
The National Council for Curriculum and Assessment (NaCCA) has directed heads of pre-tertiary schools across Ghana to stop administering assessment items and mock examinations...