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#Business

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138 stories

Business

Government to Borrow GH¢57 Billion in 2025 – Seth Terkper Reveals

Ghana’s former Finance Minister and Presidential Adviser on the Economy, Seth Terkper, has disclosed that the government plans to borrow GH¢57 billion in 2025.…

Mar 12, 2025 · Kelvin Yiadom

Business

Fitch Solutions: Ghana’s NDC Government to Stick with IMF Programme

Ghana’s ruling National Democratic Congress (NDC) government is expected to stay committed to the International Monetary Fund (IMF) programme, despite failed…

Mar 12, 2025 · Kelvin Yiadom

Business

Ghana to Finance GH¢56.9 Billion Budget Deficit with Foreign and Domestic Support – Finance Minister

Finance Minister Dr. Cassiel Ato Forson has announced that Ghana’s budget deficit for 2025, projected at GH¢56.9 billion, will be financed through a…

Mar 11, 2025 · Kelvin Yiadom

Business

Reduce Betting Tax From 10% to 5%, Don't Cancel It - IEA Recommends

The Institute of Economic Affairs (IEA) has called on the government to retain the betting tax but reduce it from 10% to 5%, arguing that it serves both…

Mar 10, 2025 · Kelvin Yiadom

Business

Ghana Risks Losing GH¢6.4 Billion in Revenue if E-Levy and Covid-19 Taxes Are Scrapped – KPMG Report

A pre-budget survey conducted by auditing and accounting firm KPMG has revealed that Ghana stands to lose approximately GH¢6.4 billion in revenue if the…

Mar 10, 2025 · Kelvin Yiadom

Business

BoG Governor Reveals $230 Million Paid for New Headquarters, $31.8 Million left to be paid.

The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has disclosed that the previous Nana Akufo-Addo administration paid $230 million to the…

Mar 5, 2025 · Kelvin Yiadom

Business

New Bank of Ghana Governor Defends New Headquarters Construction, Citing Structural Defects Of Old Headquarters

The Governor of the Bank of Ghana, Dr. Johnson Asiama, has justified the decision to construct a new headquarters, stating that the old building lacks the…

Mar 5, 2025 · Kelvin Yiadom

Business

Gideon Boako Warns of Unsustainable GH₵72 Billion T-Bill Borrowing by March

The Member of Parliament for Tano North Constituency, Dr. Gideon Boako, has raised alarms over the government’s excessive reliance on Treasury bill (T-bill)…

Mar 5, 2025 · Kelvin Yiadom

Business

GCB Bank Reports Record-Breaking GH₵1.91 Billion Profit in 2024

GCB Bank PLC has posted its best-ever financial performance, capping off its four-year strategic cycle with a record-high profit before tax (PBT) of GH₵1.91…

Mar 5, 2025 · Kelvin Yiadom

Business

Take Lessons From The Bank of Ghana’s Gold Purchase Programme, Avoid International Bond Market - IFS to Mahama

The Institute for Fiscal Studies (IFS) has urged the government to avoid seeking every opportunity to return to the international bond market. Instead of…

Feb 27, 2025 · Kelvin Yiadom

Business

Government Borrows GHȼ59.68 Billion from Domestic Market in Seven Weeks

The Mahama-led government has borrowed a total of GHȼ59.68 billion from the domestic money market within the first seven weeks of assuming office in 2025. This…

Feb 26, 2025 · Kelvin Yiadom

Business

Ghana’s Industrial Producer Price Inflation Hits 43.7% in January 2025

Ghana’s Industrial Producer Price Inflation (I-PPI) surged to 43.7% in January 2025, reflecting a 3.5 percentage point increase from the 40.2% recorded in…

Feb 20, 2025 · Kelvin Yiadom

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