As of 2025, Pakistan tops the list of countries with the highest debt to China among…
Category: Business, finance and Economy news
Business, finance and Economy
GHANA REAPS BIG OF $8 billion FROM SMALL-SCALE GOLD EXPORTS
In a significant boost to the country’s economy, PMMC/GoldBod has generated a staggering $8 billion in…
Bank of Ghana Imposes Harsh Penalties for Dud Cheques
The Bank of Ghana has revised its sanctions for customers who issue dud cheques, imposing fines…
Ghana’s Banking Sector Writes Off GH¢893m in Bad Loans
Ghana’s banking sector has written off GH¢893 million in bad loans for the first half of…
Ghana’s Ban on Foreign Pension Fund Investments Sparks Controversy
Ghana’s decision to ban pension funds from investing in foreign markets has sparked intense debate, with…
The lapse of the African Growth and Opportunity Act (AGOA)
The lapse of the African Growth and Opportunity Act (AGOA), a US trade initiative that has…
Massive Fire Erupts at Chevron’s El Segundo Refinery in California
A large fire broke out at Chevron’s El Segundo refinery near Los Angeles on Thursday, sending…
Ghana’s Inflation Rate Plummets to 9.4% in September 2025
Ghana’s inflation rate has dropped to 9.4% in September 2025, marking the country’s first single-digit inflation…
Bank of Ghana Suspends Remittance Partnerships of Five Money Transfer Operators
The Bank of Ghana has suspended the remittance partnerships of five Money Transfer Operators (MTOs) effective…
Ghana Cedi Plummets to Become World’s Worst-Performing Currency
Accra, Ghana – In a concerning development for the Ghanaian economy, the country’s currency, the cedi,…