Prime News Ghana

Today's Ghana Business, Banking and Economic news

China rocked by cooking oil contamination scandal

The Chinese government says it will investigate allegations that fuel tankers have been used to transport cooking oil after carrying toxic chemicals without being cleaned properly between loads.

Pension benefits payments rise by 31.7% to GHS 5.4 billion

The Social Security and National Insurance Trust’s (SSNIT) 2023 operations also saw a significant increase in benefits payments which amounted to GHS 5.4 billion, compared to GHS 4.1 billion in 2022 and GHS 3.6 billion in 2021.

Central bank borrows GHS 719m

The Bank of Ghana (BoG) successfully raised GHS 719 million through its recent 56-day bill auction, at a notable interest rate of 28.9 percent.

Finance Ministry, UG dialogue to strengthen Ghana's economy

The Ministry of Finance (MoF) and the University of Ghana (UG) in collaboration with the University of Ghana Business School (UGBS) and the Institute of Statistical Social and Economic Research (ISSER), have resolved to continue deliberation on the country’s finances to find solutions to the challenges of the nation’s economy.