The Bank of Ghana has reduced its policy rate to 18 percent, easing the cost of borrowing for businesses and consumers.

The Ghana Revenue Authority has busted about GH¢3.6 million worth of evaded products at two key entry points of the country, which were under-declared and misclassified.

Daily business news: discussing the most controversial trends in business

Daily business news: discussing the most controversial trends in business

Daily business news: discussing the most controversial trends in business

Daily business news: discussing the most controversial trends in business

Ghana is projected to reach a gross domestic product of about one hundred billion dollars by the end of the year in monetary terms, driven by positive economic indicators.

The Asantehene, Otumfuo Osei Tutu II, has urged African and Caribbean nations to take bold steps to strengthen trade and economic cooperation among themselves, insisting that both regions stand to gain significantly from a united economic front.

Daily business news: discussing the most controversial trends in business

Daily business news: discussing the most controversial trends in business