Category: Business
Ghana’s economy is suffering because of Akufo-Addo, according to Prof. Hanke
According to Steve Hanke, founder and co-director of the Institute for Applied Economics and professor of applied economics at Johns Hopkins University, Ghana’s economy is [more…]
Shop closures will not effect the exchange rate; instead, they will have an impact on your enterprises.
Shop owners are being urged to urgently reopen their establishments, according to the Traders Advocacy Group Ghana (TAGG). The group claims that when merchants close [more…]
This ought to be Ghana’s final IMF visit. A. Mahama
The country should no longer continually turn to the International Monetary Fund whenever it experiences economic difficulties, according to former president John Dramani Mahama. He [more…]
Petrol price warning following Opec oil output reduction
In a move that is anticipated to push up gasoline prices globally, some of the main oil-producing nations have decided to reduce the quantity of [more…]
Qwikloan defaulters receive a stern warning from the Bank of Ghana.
Ghanaians who borrowed money from Qwikloan and XpressLoan but haven’t paid back have received a stern warning from the Bank of Ghana (Bog). Customers of [more…]
A Guide to Investing in Cryptocurrency: How to Buy Bitcoin
Have you become curious in the cryptocurrency’s recent recovery? For those who are just now listening in, here is an introduction. Photographer: NurPhoto/NurPhoto Bitcoin’s price increased in that instant. It’s down the next. Elon Musk is a fan, first. He isn’t as certain then. [more…]
Queen Elizabeth’s state funeral cost around US$9 million – Report
The state funeral of the British Monarch, Queen Elizabeth II is estimated to have cost around US$9 million. According to a post shared by AJ+, [more…]
My income has remained the same since October 2021 – Joe Jackson laments cedi depreciation
Tax analyst, Joe Jackson, has lamented the depreciation of Ghana’s cedi that has reduced purchasing power by 66% in the last year. According to him, [more…]
7 Tips for Investing in Africa
Contributing anyplace implies risk, paying little heed to demography. Notwithstanding, Africa is a mainland with almost 33% of the world’s mineral assets, huge energy holds, [more…]
Project worker utilized three organizations to offer for over GH¢178,000 BOST contract – Audit report
It has been laid out by the Auditor-General that three organizations with similar proprietor bid for the honor of agreement for the establishment of LED [more…]
Cedi drops GH¢9.98 to US dollar as at September 1
Note that these rates might be different at a forex department close to you. Our forex authority rates are given by Afriswap Bureau De [more…]
Clear and Nikola move to raise extra assets as increasing costs press EV new businesses
Electric vehicle creators Lucid Group and Nikola are moving to raise extra assets, as the two organizations plan to help creation in the midst of [more…]
Labianca adventure: Akufo-Addo eliminates Col. Damoah as GRA Customs Commissioner
President Nana Akufo-Addo has coordinated the Commissioner of the Customs Division of the Ghana Revenue Authority (GRA), Colonel (Rtd.) Kwadwo Damoah, to give up his obligations [more…]
Cost of 5kg sack of rice hit GH¢80 from GH¢50 last year – Report
The cost of a 5 kilogram pack of rice has hit nearly GH¢80, GhanaWeb’s checks have uncovered. “The unfamiliar ones also are becoming costly, [more…]
Fitch downsize 3 Ghanaian banks’ practicality rating to ‘CCC’ from ‘B-‘
The downsize came after the rating office minimized Ghana’s financial soundness to “CCC” or Junk status on August 10, 2022. The Banks are Ecobank Ghana [more…]
Ghana gets $750m advance from Afriexim Bank
The Bank of Ghana (BOG) has gotten the primary tranche of a $750 million credit office from the Afriexim Bank. The facility is expected to [more…]