Business

Ghana has reached an agreement in principle with two bondholder groups to restructure approximately $13 billion of international debt. Under the agreement, bondholders will forego…
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The World Bank has approved a substantial $260 million package from the International Development Association (IDA) to support a four-year Ghana Energy Sector Recovery Programme for…
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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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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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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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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 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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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 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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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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