The Monetary Policy Committee of the Bank of Ghana has increased the Policy Rate by 100 basis points (1 percent) to 28 percent, citing the need to drive inflation downwards.
The Ghana Federation of Labour (GFL) has recommended a 50 per cent haircut on the salaries and emoluments of Article 71 Office Holders as part of the Debt Restructuring Programme and to reduce the pressure on the public purse.
President Akufo-Addo has called on business leaders on the African continent, to as a matter of priority, champion intra-African trade in order to fast-track the implementation of the Africa Continental Free Trade Area (AfCFTA) agreement.
The International Monetary Fund is pushing Ghana’s cash-strapped government to stop borrowing from its central bank, according to people familiar with the matter.
The Government of Ghana and the Ghana Insurers Association have reached an agreement on the participation of insurance companies in the Domestic Debt Exchange (DDE) programme.
The maiden edition of The Africa Prosperity Dialogue Series dubbed the ‘Kwahu Summit’ is ongoing with Africa’s political and business leaders, gathering and brainstorming on the all-important single market project for the continent.
The Government of Ghana and the Ghana Association of Bankers (GAB) have reached an agreement on the new terms for the Domestic Debt Exchange programme.
The Bank of Ghana has announced that financial institutions in the country have agreed to roll over their cocoa bills investments following a meeting held with them, together with the Ghana Cocoa Board.
The country's first-ever Independent Tax Appeals Board has been inaugurated, with a call on the members to ensure speedy adjudication, accuracy and fairness in tax dispute resolution and transform the country's domestic revenue mobilisation efforts.
The Ghana Investment Promotion Centre (GIPC) is set to host the First Annual Assembly of African Investment Promotion Agencies on January 25, 2023 at the Kempinski Hotel Gold Coast City in Accra.
All member countries of the G20 group of economic powers are on board for a restructuring of Ghana’s debt and Paris Club members are ready to take the first step towards forming a creditor committee, an official from the Paris Club told Reuters on Thursday.
Nearly 18 years on, the Ministry of Health says it is yet to recover an amount of GH¢3million given to some 202 healthcare professionals and health agencies as loans.
