GOIL Company Limited has presented internationally-verified and standard Visugauges (measuring cans) and accessories to the Ghana Standards Authority (GSA). The equipment is valued at over GH¢572,000 and was presented to the Authority by the Group CEO and MD, Mr. Kwame Osei-Prempeh, at a short ceremony in Accra. The Visugauges are in...
Embarks on strategic interventions for banking excellence Records 482% growth in profit The ARB Apex Bank Limited - a mini-central bank that offers support services to the rural and community banks in Ghana - has recorded an impressive operational performance in the 2020 year under review. Operational Performance The bank, notwithstanding...
The Ghana Fixed Income Market (GFIM) continued it bull run in June 2021 as trading activity shows consistent growth month on month, data from the Ghana Stock Exchange has shown. The data, which summarized market activities in June 2021, shows that volumes traded on GFIM increased by 10.63 percent to...
Since the onslaught of the deadly COVID-19 virus, virtually every economy in the world - including Ghana’s - has been negatively impacted. In fact, the devastating impact of the virus on even the most robust and resilient economies such as the USA, UK, Germany, France etcetera compelled their governments...
In his review of the economy in parliament in 2003, Mr. Yaw Osafo Maafo described the gap between BoG and the lending rate of the commercial banks to be unacceptably high. He called on the banks to respond positively to the decline in the inflation rate. In 2021, the senior...
The African Continental Free Trade Agreement (AfCFTA) secretariat and the UK government have signed a Memorandum of Understanding (MoU) to formalise their shared commitment to success of the agreement. UK Minister for Africa, James Duddridge MP, joined His Excellency Secretary-General of the African Continental Free Trade Area secretariat, Wamkele Mene,...
The cost of printing a unit of a currency note could be higher than the face value of the currency. Thus, it is comparatively true that a lot of money goes into printing currencies, especially lesser denomination banknotes that tend to circulate more in an economy like Ghana’s. Dr. Ernest Addison,...
Key findings Job creation at five-month high amid solid rise in new orders Activity continues to increase, but at reduced rate Purchase price inflation ticks higher The start of the year’s fourth quarter saw private sector remain in growth territory, with output and new orders each increasing for the...
Finance Minister, Ken Ofori-Atta, indicates that government has officially written to parliament on modifications that has been made to the 2022 budget. According to the Minister, modifications have been made to four key issues out of the five raised by stakeholders including the Minority including Agyapa Royalties deal, tidal waves...
Aggrieved customers of First Fund are lamenting over the Securities and Exchange Commission’s (SEC) inability to retrieve their locked-up cash months after appointing a second Fund Management Company OctaneDC to oversee the distribution of the money. SEC, took over the management of the Fund from First Banc and gave it...

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