Joy Business Report @1

Banking consultant Richmond Atuahene describes the decision by some commercial bank to introduce charges on accounts with foreign currencies as strategic.

The Institute of Energy Security advises the government to resolve the debt issues involving the VRA, VALCO, and ECG before making any changes in the power sector.

The National Petroleum Authority to go after oil marketing companies in debt rounding up to 2 billion Ghana Cedis.

The Ghana Mine Workers Union has served notice it will on Monday September 16, 2024 picket the Jubilee House to present a petition to President Akufo-Addo on the happenings at Future Global Resources (FGR) Bogoso-Prestea Mine.

Bank of Ghana's monetary report for June 2024 reveals that there is softening of business and consumer sentiments.

The Ghana Airport Company Limited has announced plans to move some international flights from terminal 3 to terminal 2 to deal with congestion.

The second biggest Oil Marketing Firm, based on half year industry data, Star Oil has also reduced prices of its petroleum products. The company reduced the price of petrol per litre by some 0.73 percentage points, going for GH₵13.65. This represents 10 pesewas reduction from the previous price Star Oil was selling on the market.Diesel on the other hand is going for GH₵13.85 per litre from its old price of GH₵14.02.

China remained the leading investment destination of Foreign Direct Investments into Ghana with 31 projects in 2023.It contributed the highest FDI of $211.89 million. The USA followed with 14 projects, bringing in $26.39 million in FDI. India contributed 13 projects and $77.93 million in FDI, while the Netherlands added nine projects with an FDI value of $21.86 million.

Bank of Ghana intensifies campaign to clamp down on illegal lending apps.