Ghana Water Company in GH₵1bn debt to ECG – Energy minister reveals.
The minister also announced that Karpower has served notice to shut down its plant on May 18 due to the government’s debt of over $400 million.
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CEO of Ghana Association of Bankers Responds to Currency Withdrawal Order
Speaking on JoyNews Prime, he emphasized that banks only act on formal instructions from the central bank and not on remarks made by individual board members.
According to Adongo, BoG is set to impose stricter regulations on the withdrawal of Dollars from over-the-counter transactions.
Ghana’s recent currency gains are not only drawing global attention but also prompting bold regulatory action. Riding high on the
Gov’t, Traders Agree on 60-day Ultimatum to Reduce Prices of Goods
Addressing Journalists after the meeting, Mrs. Ofosu-Adjare hinted that the negotiations have been fruitful and hopes that the outcome will be positive for the economy.
NLA Boss Leads Technology Exchange in China to Renovate Ghana’s Lottery Sector
The visit aimed to position the NLA to adopt advanced technologies and inform strategies for modernising Ghana’s lottery sector through innovation and global partnerships.
GNCCI meets GoldBod CEO Sammy Gyamfi to explore economic collaboration.
The high-level meeting took place at the GoldBod offices and focused on potential partnerships between the two institutions to strengthen value addition in the gold sector, promote investment, and support private sector growth.
Ghana, UAE strike deal for investment and job opportunities for youth.
The two nations have committed to deepening cooperation across strategic sectors, including renewable energy, artificial intelligence, education, healthcare, aviation, and defence.
BoG to Celebrate 60 Years of the Cedi as Ghana’s Official Currency
The Bank of Ghana (BoG) has announced plans to mark 60 years since the Cedi became Ghana’s official currency, with
Government misses T-bills target slightly as interest rates reduce.
Despite the shortfall, all bids were fully accepted across all tenors, signaling strong investor demand and the Treasury’s willingness to absorb the full auction amount.
Cedi remains strong, sells at GH¢12.89 to a dollar on the interbank market.
The market remained liquid following an aggregate market supply of US$378.6 million.