Bringing you updates from the world of business

Bringing you updates from the world of business

Bringing you updates from the world of business

The Ghana union of traders association is expressing worry over the inability of some west African countries to implement the trade devirilization's scheme that could undermine the smooth development of the African continental free trade agreement

Bringing you updates from the world of business

Bringing you updates from the world of business

Top story: Ghanaians will have to brace themselves up to pay for more for electricity consumption, as electricity tariff is expected to go up soon, the African Center for Energy Policy has revealed. This is due to the obsolete equipment that the Ghana GRID Company (GRIDCo) is repairing and upgrading some across the country

Top story: Joy Business is gathering that government’s $5 billion Eurobond has been oversubscribed. However, the interest cost has not yet been disclosed. The Finance Ministry is expected to put out a statement to give full details about the Eurobond oversubscription soon. Ghana becomes the first African country to issue a zero-coupon rated bond. With a zero-rated coupon bond, no interest is paid whilst it trades a discount to its face value

Top story: The decision by government to withdraw the 5.0% capital gain tax on profit made by investors during the 2021 Budget presentation, can be a game changer to activities on the stock market. According to Managing Director of Ekow Afedzie, the new directive should be a relief to investors and also serve as a catalyst to entrepreneurs to invest more on the capital market.

Vetting of Finance minister designate - Ken Ofori Atta