BYD Closes In On Tesla As Sales Jump
The company says it sold 207,734 EVs in December, taking its annual total to 1.76 million, as subsidies and discounts helped attract customers.
BUSINESS NEWS
The Cedi gains strength against key currencies at Forex bureaus.
Ghana’s local currency, the cedi, is maintaining its upward trajectory against major trading currencies, particularly the US dollar, at various forex bureaus.
North Korea Hackers Pilfered $1.3bn of crypto this year
Some of the thefts appear to be linked to North Korean hackers posing as remote IT workers to infiltrate crypto and other technology firms, the report says.
Mergers and Acquisitions: Czech billionaire takes over British Royal Mail
The government will retain a so-called “golden share” that will require it to approve any major changes to Royal Mail’s ownership, HQ location and tax residency.
Cedi Gets Momentum At Forex Bureaus
The Bank of Ghana attributed the gains to the growth in Ghana’s external sector.
COCOBOD GH¢271m Financial Loss Case Adjourned To January 13
The COCOBOD trial had dragged on for more than six years. Justice Clement Jackson Honyenugah, a retired Supreme Court Judge, was the first trial judge until he went on retirement.
IMF Open To Modify Ghana’s $3bn Deal With Mahama’s Administration
The International Monetary Fund is open to renegotiating Ghana’s $3 billion financing program with the incoming administration provided accompanying reforms aren’t jeopardized.
PRICES OF GOLD COIN FALL AMID CEDIS’S STRENGTHENING
The Bank of Ghana’s gold coin, available in three variants—a one-ounce coin, a half-ounce coin, and a quarter-ounce coin have witnessed a price drop on December 9, 2024.
50% SOARS IN GHANA STOCK EXCHANGE DESPITE PLUNGING TRADE VOLUMES
The market’s robust performance extended to the financial sector
November 2024 Inflation Rises to 23.0% Amid Higher Food Prices
Inflation for November 2024 increased to 23.0%, up from 22.1% in October, driven primarily by a surge in food prices.
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