According to Minister of Railway Development , John Peter Amewu, about 250 of bolts and nuts used in the fittings for the tracks have been stolen by unknown persons around the Tema Harbour to Afienya area.

Banks in Ghana wrote off a little above ¢768.29 million as bad debt in the first four months of 2022, about 5.5% increase over the same period last year.

Increase in transport fares and surging food prices pushed the rate of inflation in May 2022 to 27.6%, the Ghana Statistical Service has announced.

The national petroleum authority has began investigations into the recent increase in the prices of diesel.

More oil marketing companies are increasing prices of petroleum products.

Bringing you updates from the world of business

Bringing you updates from the world of business

The Association of Ghana Industries is lamenting about the recent hike in the Bank of Ghana’s policy rate to 19%, saying, its members have been gravely affected by the increment which has increased the cost of loans.

The Ghana Revenue Authority will soon launch the automation of all tax clearing certificates. This move will reduce drastically all those evading taxes. According to the Commissioner-General, Reverend Dr. Ammishaddai Owusu-Amoah, this will be done in two ways – the USSD Code and the Ghana Card.

Governor of the Bank of Ghana, Dr. Ernest Addison said the Central Bank intends to expand its e-banking initiative by testing the offline version to areas with no internet connectivity.