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GN Bank case: BoG appeal struck out, High Court to give final judgement

The Bank of Ghana’s appeal in the GN Savings & Loans case was dismissed by the Court of Appeal. This was completed in the morning on Tuesday, January 18th, 2022.…

Ghana’s Debt: ‘You can’t borrow to eat kenkey and fish now – Adongo mocks Bawumia and Ofori-Atta

The Member of Parliament (MP) for Bolgatanga Central Constituency in the Upper East Region has insulted Finance Minister Ken Ofori-economic Atta’s management skills, warning him against borrowing to eat kenkey…

Fitch downgrade due to excessive borrowing – Economic Analysts

Economic analysts attribute the country’s economic troubles and recent fall in Fitch’s ratings to the strains of the government’s many political pledges. They claim that the country’s constant borrowing to…

Fuel prices cross GH¢7 per litre mark

At some gas stations across the country, the price of a litre of gasoline has surpassed the GH7 barrier for the first time. According to Riversfmonline.com research as of 9…

Don’t invest or trade with Tizaa Ghana Fund – SEC cautions Ghanaians

Tizaa Ghana Fund has been cautioned by Ghana’s Securities and Exchange Commission (SEC) not to invest in or trade with it. According to a press statement published by the SEC…

There’s nothing wrong with Freddie Blay, Dr. KK Sarpong, serving on the board of directors of an offshore firm.- Deputy Energy Minister

The African Center for Energy Policy (ACEP) asserts that Dr. K.K Sarpong, Chief Executive Officer of Ghana National Petroleum Corporation (GNPC), and NPP’s Freddie Blay are beneficial proprietors of an…

“President Akufo-Addo needs a better finance minister” – Dr Kofi Amoah

Businessman and philanthropist, Dr. Kofi Amoah believes President Nana Addo Dankwa Akufo-Addo needs a better finance minister to oversee the economy. Dr Kofi Amoah, in a tweet expressing his displeasure…

GRA indefinitely suspends reversal of benchmark value discounts

Until further notice, the Ghana Revenue Authority (GRA) has put the reversal of discounts on benchmark values on hold. The Authority stated in a statement released on Thursday that the…

Litre of fuel to hit GHC7 – IES

According to the Institute of Energy Security, fuel prices at local pumps in Ghana increased by 3% in 2021, with costs per litre jumping from Gh6.50 peswas to Gh6.70 peswas.…

Ghana’s debt is deteriorating as investors lose patience.

Bondholders are no longer willing to cut Ghana any slack as the era of cheap money draws to a close. Investors believe that re-financing debt in the Eurobond market won’t…