Business News

Mad rush for State Housing Company houses

A photo of an Affordable Housing project State Housing Company’s buildings have become the hottest commodities on the market as hundreds of accommodation seekers continue to throng the offices of the outfit to buy their properties. Their preferred houses which have since been sold out, continue to attract buyers because …

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Akpeteshie can be a global product – Nana Addo

President Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo has made a strong case for akpeteshie, Ghana’s favourite local drink. The president in his inaugural address stated that although he gave up alcohol many years ago, he was of the view that the local drink could break boundaries in the global …

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Bitcoin breaks above US$35,000 to touch new high

Bitcoin traded above US$35,000 for the first time in Asia on Wednesday Bitcoin traded above $35,000 for the first time in Asia on Wednesday, rising to a high of $35,879 and extending a rally that has seen the digital currency rise more than 800% since mid-March. The world’s most popular …

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BoG moves to protect interest of depositors in RCBs

Bank of Ghana Governor, Ernest Addison The Bank of Ghana (BoG) has laid out protocols that will ensure the protection of the interest of depositors and other stakeholders of rural and community banks (RCBs) through the new corporate governance and risk management guidelines. The bank is in the final phase …

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World Bank Group supports Ghana’s Coronavirus response

The World Bank Board of Executive Directors has approved an additional credit of $130 million from the International Development Association (IDA) for the Ghana COVID-19 Emergency Preparedness and Response Project. A statement issued by the World Bank and copied to the Ghana News Agency said the additional financing would support Ghana to …

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Ofori-Atta presents 2021 Q1 budget statement to Parliament today

Ken Ofori-Atta, Finance Minister Finance Minister Ken Ofori-Atta is expected to present the government budget statement for the first quarter of the 2021 fiscal year to Parliament today, Wednesday, October 28. He is expected to announce key decisions including measures to resuscitate the economy following the coronavirus pandemic. In the event the …

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