Gov’t acquires GH¢8.8 billion in T-bills as interest rates hit 30%
This led to an oversubscription of 39.14 percent in the money market.
BUSINESS NEWS
Fuel Prices To Drop From 16th January – COPEC
However, this forecast largely depends on the performance of the cedi.
China Considers Possible Sale Of Tiktok US To Elon Musk
Chinese officials are in preliminary talks about a potential option to sell TikTok’s operations in the United States to billionaire
Starbucks’ New Policy: Buy Something Or Leave
Other changes include a ban on panhandling, discrimination, consuming outside alcohol and vaping
Government Records 55% Oversubscription In T-bills; Interest Rates Through The Roof
According to action results by the Bank of Ghana, the government got a remarkable GH¢8.075 billion from the sale of the short-term instruments though it was looking for GH¢5.198 billion to refinance the maturing bills.
Government Records Over GH¢1 Billion Oversubscription In Its First Treasury Bills’ Auction In 2025
The auction received total bids amounting to GH¢5.371.75 billion, exceeding the target of GH¢4.326 billion by GH¢1.045.75 billion.
Mahama’s Tax Cuts: A Bold Gamble for Ghana’s Economy?
The abolition of Port Dues, which contribute GHS 4 billion to government revenue, is intended to boost Ghana’s competitiveness within the AfCFTA
Inflation Rate Increased To 23.8% In December
The Consumer Price Index (CPI) for December 2024 stood at 248.3, indicating a 23 percent increase compared to the same period in 2023.
The Stock Markets Are Becoming A Big Part Of Africa’s Growth Story. The Stock Exchange Composite Index In Ghana Surged By 56% In Local Currency Terms.
According to Bloomberg,the Ghana Stock Exchange Composite Index surged by 56% in local currency terms—the highest since 2013—driven by a $3 billion International Monetary Fund bailout expected to boost growth this year
Nippon Steel Might Sue USA Government Over Biden’s Decision To Block US Steel Acquisition
On Friday, Biden said he was blocking the controversial $14.3 billion acquisition, marking a significant use of executive authority in the closing days of his administration. He cited the need to protect national security and supply chains.
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