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The Interbank forex rates from the Bank of Ghana today, October 17, 2023, have shown that the Ghana Cedi is trading against the dollar at a buying price of 11.3137 and a selling price of 11.3251. At a Forex bureau in Accra, the dollar is being bought at a rate of 11.80 …

The former Minister for Environment, Science, Technology and Innovation, Prof Kwabena Frimpong-Boateng has said that he rejected a $5 million bribe to approve a judgment debt of over $88 million. In an interview with the AFRICAWATCH magazine, Prof Frimpong narrated that how he refused to approve the payment of the judgement debt …

The Chamber of Petroleum Consumers (COPEC) has predicted a slight decrease in fuel prices at the pumps throughout Ghana starting from Monday, October 16, 2023. According to the Executive Secretary of COPEC, Duncan Amoah, this drop in fuel prices can be attributed to a significant reduction in the international market …

Dr. Ernest Addison, Governor-Bank of Ghana, has emphasised the importance of strengthening multilateral coordination and regulatory efficiency for sovereign debt resolution in low-income countries (LICs) through the creation of a robust Global Sovereign Debt Roundtable (GSDR). Speaking during the IMF-African Caucus Meeting at the World Bank/IMF Meetings in Marrakech, Morocco, Dr. …

Member of Parliament for North Tongu Constituency, Samuel Okudzeto Ablakwa, has said there are plans by some powerful people in government to relieve Pamela Djamson-Tettey from her post as the Managing Director of the Ghana Airports Company Limited (GACL). According to him, Pamela Djamson-Tettey would be sacked by December this year. “Do you …

Experts at the 2023 Ghana Economic Forum (GEF) have advocated new approaches which put farmers at the forefront of national efforts to address food security concerns. As producers, they said, any policy aimed at boosting production and food security must first and foremost speak to the needs and concerns of …

The Minister of Finance has strangely announced that he together with the Governor of the Bank of Ghana (BOG), Dr Ernest Addison, will now be on the board of the Ghana Cocoa Board (COCOBOD) in a desperate attempt to salvage the heavily indebted institution. According to Ken Ofori-Atta, a desk will also …

In a bid to harness the untapped potential of Ghana’s salt industry, the Policy Initiative for Economic Development (PIED) Africa has issued a compelling call to investors, at a cocktail reception to welcome Prof. Iraki XN to Ghana. This appeal seeks to rally support for the Ada Salt Project and, …

Head of the Accra Central Enforcement Unit of the Ghana Revenue Authority (GRA), Assistant Commissioner Joseph Annan, has said there is a loophole in the tax system and efforts have been put in place to close that gap. According to him, it has come to bear through the ongoing Value Added Tax …

Workers of the National Investment Bank listed some of the challenges that have plagued the bank in the last few years and have resulted in the current state. The workers in an open letter made a plea to the government to help recapitalize the bank and save it from impending …