Prime News Ghana

Today's Ghana Business, Banking and Economic news

Inflation drops to 41.2% in April

Inflation has dropped to 41.2% for the month of April 2023 representing a 3.8 percentage point decrease from the 45.0% recorded in March 2023.

Oil prices sink as inflation anxiety builds

Crude oil prices were once again on the decline today in Asian morning trade, extending a slip that began yesterday after the American Petroleum Institute surprised markets by estimating an inventory build in both crude and gasoline.

Cocoa farmgate prices see another reversal

The cocoa industry has experienced its second reversal in farmgate prices over the past five mid-seasons due to global developments, says the March 2023 Cocoa Market Report by the International Cocoa Organisation.

China debt restructuring is at impasse, World Bank Chief says

China is at a impasse in terms of restructuring debts owed to it by developing nations in distress even after the World Bank made additional efforts to provide ultra-low interest loans and grants to those countries, the anti-poverty lender’s chief said Monday.

ZeroNox and Jospong Group launch world’s largest fleet retrofit electrification project

Zero Nox Inc. (“ZeroNox” or the “Company”), a leading provider of sustainable, off-highway vehicle electrification, celebrated the launch of its partnership with the Jospong Group of Companies (JGC), one of Ghana’s most diversified holding companies, with the formal signing of the Joint Venture agreement today at ZeroNox headquarters to advance clean technology solutions in Africa.

Finance Minister swears in Fiscal Risk Committee

The Minister for Finance, Mr Ken Ofori-Atta, has called on the newly sworn-in Fiscal Risk Committee to support the government to achieve the twin objectives of macroeconomic stability and effective fiscal management.

The Ghana Business Sustainability Report launched

The 1st edition of the quarterly business sustainability report titled “THE GHANA BUSINESS SUSTAINABILITY REPORT” has been launched today by Sustineri Attorneys PRUC, a Ghanaian law firm focused on legal services that promote the sustainable interest of businesses in Ghana.