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Banks’ profits will remain under pressure but will fare better than previously expected, Fitch Solutions has revealed. According to the UK-based firm, banks operating in Ghana recorded strong profits despite the headwinds. “All of…

The volume of cheques cleared during quarter 3, 2023 totalled 1,378,874 valued at ¢71.371 billion, the Bank of Ghana has disclosed. This represented a decrease in volume by 5.87% and an increase in value by 10.76% compared to…

The Chamber of Automobile Dealership Ghana (CADEG) has commended the efforts of Ghana Union of Traders’ Associations (GUTA) and the Ghana Joint Business Consultative Forum in terms of advocacy which have led to the ‘suspension of the laying…

As the mad rush of another holiday season approaches, we start the never-ending sprint to complete all our holiday tasks, sometimes dropping our guard. During these periods, criminals capitalise on poor security, lack of attention and…

Government, through the National Road Safety Authority, has launched an ambitious IT-based solution project known as TransportGhana for the transport sector across the country with the objective to automate the operations and regulations of…

MTN Ghana Foundation has launched the MTN Skills Academy, the first of its kind in Ghana to train over 100,000 Ghanaian youths with digital skills by 2025. The academy will leverage technology and partnerships to build and scale up…

Interest rates remain relatively stable as the government achieved a 37.8% oversubscription of treasury bills sale. According to auction results by the Bank of Ghana, the rate on the 91-day T-bill inched up to 29.35% from 29.04% the…

Defying earlier expectations of slowing growth, U.S. crude oil production has surged this year to extend America's lead at the top of the ranking of the world's biggest oil producers.   In September, U.S. oil output surged to a record…

The growing popularity of the electric car and truck is clear, with consumers worldwide being encouraged to ditch their internal combustion engine (ICE) vehicles in favour of electric alternatives. But in markets with heavy congestion,…

The outgoing World Bank Country Director, Frank Pierre Laporte, has strongly indicated that project funds allocated to Ghana but have not be utilised will be sent back to Washington, DC, in the USA. This, he explained, is a policy…