Bank of Ghana Treasury Bill auction sees strong demand as over GH¢8million bids are turned down.
Investors tendered GHS 17.70 billion against a target of GHS 8.07 billion, with GHS 9.43 billion accepted.
Economy
US grants conditional clearance to Zoetis’ bird flu vaccine for poultry.
Zoetis, the manufacturer behind the vaccine, announced the conditional approval Friday
Nissan and Honda are calling off their merger worth more than $50 billion
The two companies, along with their junior partner Mitsubishi Motors, agreed to “terminate” a memorandum of understanding to join forces, Nissan said in a statement on Thursday.
World Bank warns against premature return to international capital markets
According to him, an early return could send the wrong signal to investors and lead to a reversal of gains made under Ghana’s debt restructuring efforts, exposing the country to unsustainable borrowing costs.
PwC audit uncovers GH¢5.3bn revenue under declaration at ECG.
A comprehensive 2024 audit of the Electricity Company of Ghana (ECG), conducted by PricewaterhouseCoopers (PwC), has uncovered a GH¢5.3 billion revenue discrepancy
Ghana working towards harmonizing trade under AFCFTA
Speaking at a GPHA media forum, he highlighted Ghana’s collaboration with the West African Customs Unit to streamline trade processes and enhance intra-African trade.
AFRICA’S ECONOMIC FUTURE: STRONG RECOVERY AND CHALLENGES AHEAD IN 2025. A Macroeconomic outlook for 2025
The African economy is on track for a significant recovery in 2025, with real GDP growth projected to reach 4.3%, up from 3.7% in 2024.
IMF to Converse 2025 Budget with Government Amid Plans to Remove Key Taxes
The talks come at a pivotal moment, with the government planning to scrap key tax lines, including the contentious E-levy, betting tax, and COVID-19 levy
GH₵2.9 billion in Treasury Bill Bids Rejected as Government Prioritizes Fiscal Discipline
Accra, Ghana – The Ghanaian government has turned down GH₵2.9 billion in Treasury bill bids despite strong investor interest, underscoring its commitment to prudent fiscal management.
Road and bridge tolls to be reintroduced by government with modernized systems.
This move comes after the erstwhile Nana Akufo-Addo government ceased toll collection in 2021 to ease traffic congestion, replacing it with the Electronic Transfer Levy (E-levy).