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Business
GPRTU drops transport fares by 15.3%
The Ghana Road Transport Coordinating Council (GRTCC) and the Ghana Private Road Transport Union (GPRTU) have finally announced a reduction in transport fares by 15.3 percent effective!-->…
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Cedi goes for ¢8 to $1 on interbank market, ¢10.50 on forex market
The Ghanaian currency has continued to strengthen the trend against the US dollar and all the other major foreign currencies.
The cedi in the last two weeks has been on a!-->!-->!-->!-->!-->…
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Over 50 stores in Abossey Okai shut due to loan repayment default
Due to financial default, over 50 shops at the Abossey Okai Spare Parts Market have closed their doors.
Some shop owners blamed the issue on the country's high cost of doing!-->!-->!-->!-->!-->…
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Bank of Ghana upgrades one cedi coin
Bank of Ghana has upgraded the GHC1 coin with enhanced security features.
In a press release issued on December 6, 2022, the upgraded Ghc1 coin will be issued from Monday,!-->!-->!-->…
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Road toll to be collected electronically – Road Minister
The Minister for Roads and Highways, Kwesi Amoako-Atta has said that road toll will be reintroduced in 2023 but will now be collected electronically.
According to him, road users!-->!-->!-->…
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We have enough gold to trade for oil – Deputy Minister of Energy
Dr. Mohammed Amin Adam, Deputy Energy Minister, has said that the government is ready to implement its gold-for-oil barter agreement.
According to him, the country has enough!-->!-->!-->!-->!-->…
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Dr. Ashigbey has urged government to reduce e-levy to 0.1%
Dr. Ken Ashigbey, the Chief Executive Officer of the Ghana Telecommunications Chamber, has demanded that the electronic transactions levy (E-levy) be decreased from 1.5% to 0.1%.
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LPG prices will gradually increase while diesel prices will decline.
Oyenews has received updates that all others remaining equal, the Institute for Energy Security (IES) predicts that diesel prices will fall somewhat at the pumps starting tomorrow,!-->!-->!-->…
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Ghana’s capacity to achieve upper-middle income status by 2037 is questioned by the World…
The World Bank is skeptical about Ghana's capacity to achieve upper-middle-income level by 2037-2040 and high-income status by 2057.
The economy has become more reliant on!-->!-->!-->!-->!-->…
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Hosting the Fintech Festival under the theme “Powering Africa’s Digital Economy and…
The second version of Standard Chartered Bank PLC's Digital Banking, Innovation, and Fintech Festival has begun, bringing together industry professionals, seasoned experts, and!-->!-->!-->…
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