Joy Business Report @1

The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto has revealed that about ¢1 billion was spent on subsidizing seeds and fertilizers under the Planting for Food and Jobs initiative in 2020.

The Ghana cedi slipped one place to the 9th position out of 15th top African currencies. According to Joy Business tracking of the performance of African currencies so far this year, the local currency has not fared badly at all.

The Monetary Policy Committee of the Bank of Ghana has kept its Policy rate – the rate at which it lends to commercial banks – at 13.5%. This is due to threats to growth and inflation.

Ghana cocoa board (COCOBOD) assures it balance sheet remains stronger as it promises to pay the 1.5 billion dollars cocoa syndication loan.

President of Institute Of Chartered Accountants Ghana admonishes accountants to avoid non tax compliances.

The Greater Accra Region recorded the highest number of both residential and non-residential structures of 2.1 million in Ghana, representing about 19.3% of all total structures nationally.

Banks respond to report of still charging fees and levies directed by the Bank Of Ghana to be halted- Ghana association Of bankers

The Registrar Generals Department (RGD) has finalized the move to strike out about 220 institutions from the list of Company Register, beginning October 1st, 2021.

Bank of Ghana pledges to monitor changing financial land scape and put in place measures to access financial vulnerability in other African free trade agreement member countries.

State owned institutions registered ¢670.4 million profit in 2019, according to the 2019 State Ownership Report. According to the report, State Owned Enterprises and Joint Venture Companies recorded losses, but Other State Owned Enterprises registered profits.