WAPCO Completes 70% Of Pipeline Cleaning
The West Africa Gas Pipeline Company Limited (WAPCo) has announced that ongoing maintenance work on its gas pipelines is expected to be completed by March 2, 2025, with 70 percent….
Category: Business
‘Streamline VAT Or Businesses Will Suffocate’ – AGI Warns Gov’t
The President of the Association of Ghana Industries (AGI) has charged government to urgently reform the Value Added Tax (VAT) system, describing it as “the killer in the room” for….
Oil Palm Exports Drop By Over 50%
Ghana’s oil palm export for 2024 dropped by more than 50%, according to the Oil Palm Development Association of Ghana. The president of the association, Samuel Avaala, attributed the decline….
Minority Demands Increase In Cocoa Producer Price
The Minority NPP Caucus in Parliament has called on the government to increase the producer price of cocoa, citing promises made before and after the 2024 elections. According to the….
Producer Price Inflation Hits 28.5% In January 2025
Producer price inflation at ex-factory prices for all goods and services rose to 28.5% in January 2025, up from 26.1% in December 2024. The month-on-month producer inflation between December 2024….
BoG Launches Comprehensive Audit Of Remittance Activities
The Bank of Ghana (BoG) has commenced an audit of remittance activities covering the fourth quarter of last year, from October 1 to December 31, 2024. This was announced in….
Minority Sets Record Straight On DDEP Bond Payments
The New Patriotic Party (NPP) Minority Caucus in Parliament, has clarified the alleged misconceptions surrounding the payment of coupons to bondholders, emphasising that the previous NPP administration made timely payments…..
T-bills: Government To Borrow GH¢7.73Bn On Friday; Yields To Continue Falling
The government plans to raise GH¢7.73 billion this Friday February 21, 2025 through the issuance of the 91-day, 182-day, and 364-day bills. This will cover GH¢7.24 billion in maturing bills…..
Domestic Banks Dominate Secured Loans In 2024 Q4 – BoG
The Bank of Ghana’s (BoG) latest Quarterly Collateral Registry report has revealed that the share of secured loans granted by domestically owned banks increased significantly in the fourth quarter (Q4)….
‘The Mafia In The Oil Industry Is More Deadly, But I Have Been Fighting Battles All My Life’ – Dangote
Nigerian industrialist and billionaire Aliko Dangote has once again raised concerns about the existence of a powerful “oil mafia” within the downstream petroleum industry, describing it as more dangerous than….