…with pensioners also seeking exemption Individual holders of the nation’s bonds have maintained their pushback against being roped into government’s proposed Domestic Debt Exchange Programme (DDEP), arguing among other things that it is punitive - and as such puts them at an undue disadvantage compared to institutional entities. Government late...
Pension payments are projected to go up at least a fixed rate of 20 percent in 2023, the Africa Centre for Retirement Research (ACRR) has said, citing inflation. Its projections come as the Social Security and National Insurance Trust (SSNIT) readies to announce on Friday new rates by which monthly...
United Bank for Africa (UBA) Ghana has been ranked number 1 for Customer Experience in the third edition of KPMG’s Ghana Banking Industry Customer Experience (BICX) Survey. UBA topped the list of banks in Ghana with the highest score of 81.40%. The survey aimed at understanding customers' banking experiences and...
Consumer inflation ended 2022 surging higher for an accelerated 19th consecutive month at 54.1 percent year-on-year (y/y) last December, data from the Ghana Statistical Service (GSS) has shown. Headline inflation went up 50.3 percent in November 2022 on the back of food inflation, the pass-through effects of higher petroleum prices;...
Outgoing Trade and Industry Minister Alan Kyerematen has called on all Ghanaians to lend him their passionate support as he seeks to elevate Ghana with his Great Transformational Plan (GTP).  He also encouraged Ghanaians to reflect, unite and evolve to guarantee this promising future. In his message to Ghanaians after...
Akuapem Rural Bank PLC has organised a stakeholder engagement to express appreciation to its customers and shareholders in a colourful ceremony. This second edition of stakeholder engagement saw several customers, shareholders, directors, management and staff of the bank in attendance - which was a platform to also take feedback and...
The Ghana Statistical Service (GSS) has put the inflation rate for December 2022 at 54.1 percent, 3.8percent than the figure recorded in November 2022. The country’s inflation was 50.3percent in November 2022. The service attributed the rise to the hikes in food inflation which went up by some 59.7% compared to...
The implementation of the revised Electronic Transfer levy (E-Levy) rate of 1% kicks off today January 11, 2023 The Finance Minister, Ken Ofori-Atta, in his presentation to parliament of the 2023 Budget Statement and Economic policy revealed that the government has decided to remove the GH¢100 daily threshold on the...
The Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, has urged Ghanaians to refrain from bastardizing the country and rededicate themselves to its development. He again charged public officers to stop shortchanging the country for their selfish gains. The NPA Boss says Ghana offers more opportunities in education...
The world is embroiled in a megacrisis comprising the COVID-19 pandemic, Russia’s war in Ukraine, high inflation, recession fears, and rising debt distress across emerging markets and developing countries. The last thing we need is an additional source of economic harm. But that’s what we may get, in the...

This will close in 10 seconds