819 The Producer Price Inflation (PPI) for October 2022 shot up to 65.25 percent from 45.6 percent recorded in September. The rate represents an increase of 19.3 percentage points. The Producer Price Inflation measures the average change over time in the selling prices of goods and services as received by domestic producers. The Government Statistician, […]
Business
Ghana Enterprise Agency Signs 20 Million Cedis Grant Agreement With 135 SMEs
813 A grant award contract was signed today by the Ghana Enterprise Agency with Small and Medium Enterprises (SMEs) to disburse more than 20 million cedis under the second phase of the COVID-19 Response Grant programme. The programme, under the World Bank Ghana Economic Transformation Project, is expected to spur the economic recovery of SMEs, […]
GOIL Reduces Petrol, Diesel Prices Significantly
869Ghana’s leading indigenous Oil Marketing Company, GOIL, has announced a reduction in the pump prices of both types of gasoline (petrol) and gasoil (diesel) at all its retail outlets across the West African nation. A litre of petrol is now selling at Gh16.82 while diesel is selling at Gh20.50 per litre. Previously, a litre of […]
Registrar General Introduces Software To Enhance Business
1,029A new software with efficient functionalities is being procured through the World Bank to promote the ease of doing business in Ghana. The Registrar of Companies, Jemima Oware, who disclosed this in Accra, explained that the application which is an online system with fewer walk-ins will ensure effective data exchanges between the solution and other […]
MTN Ghana Delays Mobile Data Prices Review Implementation
1,049MTN Ghana has announced a postponement in the implementation of its new data prices scheduled for November 14, 2022. The delay in the implementation is to allow for broader stakeholder alignment. The current data tariff plans will continue until further notice. On November 11, 2022, MTN Ghana announced a 15% upward review of its mobile […]
Otumfuo Directs Asokore Mampong Rural Bank
792 Otumfuo Osei Tutu II , the Asantehene has directed Asokore Manpong Rural Bank to honour Bank of Ghana monetary and supervision policies to help the bank to meet it’s target of serving their customers. According to him, ” to carter for any difference between the bank of Ghana’s Credit Loss Provision requirements, Loans and […]
African Union Chairman Macky Sall To Attend G20 Summit
877 African Union Chairman and Senegal President Macky Sall plans to attend an upcoming G20 summit in Bali, two government officials said on Friday. Sall would have “two hats” at the meeting, representing both the African Union and Senegal, one of the officials said. Senegal is in discussions with G20 members about a deal to […]
MTN Ghana Reviews Mobile Data Prices
722 MTN Ghana has announced a 15% upward review of its mobile data prices for both Pay Monthly and Pay-As-You-Go users effective November 14, 2022. The review covers data bundle offers available on the short code 138 &170, as well as purchases through Electronic Voucher Distribution (EVD), MTN Pulse, and Data Zone except for XtraTime. […]
Lotto Operators,Writers Reject NLA’s 20% Commission
639Lotto operators, agents and writers across the country have kicked against a decision by the National Lottery Authority (NLA) to reduce commissions paid to lotto writers from 30 per cent to 20 per cent. The lotto operators, writers and agents said the reduction in the commissions would make life difficult for them, especially in the […]
India to inject $150m into Ghana’s Agric mechanisation
916 The Indian High Commissioner to Ghana, H.E Sugandh Rajaram, has promised an injection of $150 million into mechanisation of Ghana’s agriculture to maximise productivity. He noted that the Indian government is committed to establishing mechanisation centres in all rural districts across the country where farming equipment such as tractors, combined harvesters, tillers among others […]