Finance
Cedi sells at GH¢11.65 to $1, GH¢11.07 on BoG interbank as of September 18
The Interbank forex rates from the Bank of Ghana today, September 18, 2023, have shown that the Ghana Cedi is trading against the dollar at a buying price of 11.0653 and a selling price of 11.0763.At a forex bureau in
ECG owes us $658 million – Bui Power Authority
The debt owed Bui Power Authority (BPA) by the Electricity Company of Ghana (ECG) has shot up astronomically from $612million to $658 million, Chief Executive Officer of the power generation company, Samuel Kofi Ahiave Dzamesi has stated.He pointed out…
Customs rates clearing agents’ productivity at almost 80%
A principal revenue officer at the policy and programmes unit of the Customs Division of the Ghana Revenue Authority, Smile Agbemenu has rated the productivity of clearing agents at the Ports of Ghana at almost 80%.Speaking on Eye on Port
Fidelity partners DBG, FAGE, Eco.business DF to boost export trade in Ghana
Fidelity Bank, Ghana’s largest privately-owned indigenous Bank, in conjunction with the eco.business Development Facility (the eco.business DF), Development Bank Ghana (DBG) and the Federation of Associations of Ghanaian Exporters (FAGE), has unveiled …
AfreximBank balance sheet expands by 8% to $30 billion
African Export-Import Bank (AfreximBank) has expanded its balance sheet size by 8% in the first half of the year to more than $30 billion, the multilateral financial institution said in its consolidated financial statements.The results demonstrate a st…
Dangote Sugar market value rises sharply on merger updates
Dangote Sugar Refinery Plc’s market value rose sharply on merger updates released following updates on the proposed merger with NASCON Allied Industries and Dangote Rice Limited, stock market data review by MarketForces Africa showed.Further to the ini…
Brent crude price jumps to $94 as oil market rallies
Brent price jumped to $94 per barrel as the oil market rallied further on Friday amidst tight global supply concerns and a positive demand outlook from China, the world’s biggest oil importer.China’s annual CPI reading moved back into positive territor…
GNPC to pitch game-changing Voltaian Basin project to investors at WPC 2023
General Manager, Strategy & Investment at the Ghana National Petroleum Corporation (GNPC), Dr. Kwame Amoah Baah-Nuakoh, has said that the Corporation is poised to defining a realistic, workable paths to a net zero future.According to Dr Baah-Nuakoh, th…