Producer Price Inflation drops from 78.1% to 52.2%
The Producer Price Inflation (PPI) rate for December 2022 was 52.2 per cent, down from 78.1 per cent the previous month.
This rate indicates that between December 2021 and December…
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PURC says new tariffs increase is to prevent power outages
Regulator of utilities in Ghana, the Public Utilities Regulatory Commission (PURC), has increased the tariffs for water and electricity for all consumer groups for the first three…
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BoG Governor: Pressures on economy fueling cedi depreciation
Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said, several factors account for the depreciation of the local currency.
He, therefore, attributed the depreciation of the…
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Independent presidential candidates in Ghana
Why it is well-nigh impossible for them to win or rule
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504 Housing Units for Police to be ready next month
The Deputy Minister for Lands and Natural Resources, responsible for Lands and Forestry, Mr Benito Owusu-Bio, has announced that 504 housing units for the Ghana Police Service will be…
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Banks have over GH₵60bn locked up in bonds
Debt Exchange Programme will be their death warrant
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NCA approves sale of Vodafone Ghana to Telecel Group
The National Communications Authority (NCA) has granted conditional approval for the transfer of the 70% majority shares in Ghana Telecommunications Company Limited (Vodafone Ghana)…
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Police Officer, his wife and daughter burnt to death
Blazing fire at Monday dawn swept through the apartment of a Police officer and his family and burnt them to death.
The Police officer identified by eyewitnesses as Sergeant Owusu…
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Domestic Debt Exchange is worse than a 100% haircut on principal
On Monday, 5th December 2022 the Republic of Ghana announced that it was inviting eligible bond holders to exchange approximately GHS137.3 billion of domestic bonds for a package of new…
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GRA defends GH₵8.2bn tax bill issued to MTN Ghana
The Ghana Revenue Authority (GRA) says it followed due process in serving a notice of tax assessment on MTN Ghana.
It said it had also engaged MTN Ghana as required by law to ensure…
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