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Business
Economy records 4.7% growth in first quarter of 2024
Ghana's economy has shown promising growth in the first quarter of the year, with a 4.7% increase.
The growth rate was driven by strong performance in industry and services sectors.…
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COCOBOD records GH₵2bn profit in 2023
The Ghana Cocoa Board (COCOBOD) has touted its achievements amidst the challenges facing the sector.
Chief Executive of COCOBOD, Joseph Boahen Aidoo, said the regulator generated a!-->…
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Ghana, Official Creditor Committee agree debt relief terms
Government has reached an agreement on a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC), co-chaired by China and France, to restructure approximately $5.4…
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Inflation drops to 23.1% in May
The year-on-year inflation rate fell for the second consecutive month to 23.1% in May 2024 from 25% recorded in April 2024. This rate is the lowest the country has recorded in the last…
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GOIL maintains dividend despite 50% decline in profit
GOIL PLC has maintained its dividend to shareholders despite a challenging year.
This was announced at the company’s 55th Annual General Meeting of shareholders held in Accra.
The…
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BoG records GH₵10.5bn loss in 2023 fueled by inflation fighting strategies
The Bank of Ghana (BoG) has recorded a loss of GH₵10.5 billion for the financial year ending 2023, primarily due to a substantial rise in total interest expenses on open market…
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China remains largest source of Ghana’s imports in 2023
China has maintained its status as the largest source of Ghana’s imports in 2023, with total imports amounting to GH₵33.9 billion, up from GH₵26.4 billion in 2022.
This data comes from…
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Nick Danso Adjei grabs Maritime and Trade CEO of the Year award
Dr Nick Danso Adjei, the Executive Chairman of Trade Facilitation Company, Ghana Link Network Services Ltd, has been named the Best Maritime and Trade CEO of the Year at the prestigious…
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Moses Baiden, CEO of Margins adjudged overall best CEO
The 8th CEO Summit has named Moses Kwasi Baiden Jnr, CEO and Founder of Margins ID Group, as the overall best CEO in Ghana.
This award adds to the numerous accolades he has received…
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BoG Holds Policy Rate at 29%
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate at 29%, citing a slightly elevated inflation profile due to recent exchange rate pressures and adjustments in…
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