News from the world of business.

News from the world of business.

News from the world of business.

News from the world of business.

At least one million more people could fall into poverty due to climate shocks if urgent climate actions are not taken. According to the World Bank’s new Country Climate and Development Report for Ghana, income could also reduce by up to 40% for poor households by 2050.

Some Oil Marketing Companies (OMCs) have started increasing prices of petroleum products at the pumps from this morning, November 1, 2022.

Government says it is taking steps to protect the investment of citizens as it pushes for a deal with the International Monetary Fund (IMF).

The Bank of Ghana has dismissed social media reports that it will on Sunday, October 30, 2022, slap serious restrictions on holders of Foreign Exchange Accounts and Foreign Currency Accounts, a move to reign in the cedi.

Fuel prices have shot up significantly by about 10 percent even before the fortnight review of petroleum products on Sunday, October 30, 2022, by the Oil Marketing Companies (OMCs). This is coming despite a stable price of crude oil on the world market.

the first tranche of the $1.13 billion cocoa syndicated loan will hit the account of the Bank of Ghana today, October 26, 2022. Joy Business sources at the Finance Ministry indicate that about $790 million is expected to come in from the consortium of banks.