News
‘We’ve provided $430 million to Ghana to fight Covid-19’ – World Bank
World Bank Country Director, Pierre Frank Laporte has revealed that the World Bank had provided the government of Ghana $430...
Meta shares sink 20% as Facebook loses daily users for the first time
Facebook owner Meta Platform’s shares plunged more than 20% late on Wednesday after the social media company posted a weaker-than-expected...
IMF ready to support Ghana should government request
The International Monetary Fund (IMF) says it is ready to step in should Ghana file for assistance following shortfall in...
Nokia says revenue and margins to rise as turnaround gathers pace
Finnish telecoms equipment maker Nokia said on Thursday it expects its revenue to grow this year and set a higher...
Suspension of Price Stabilisation Levy Costs Gov’t GHC174m – NPA
The three-month suspension of the Price Stabilisation and Recovery Levy (PSRL) costs the Government about GHC 170 million, the National...
E-levy to anchor revenue outlook, but uncertainty hangs on performance – Databank Research
The Electronic Transaction Levy is expected to anchor the country’s revenue outlook, but there is uncertainty regarding its performance, Databank...
AngloGold Warns Of Lower Full-Year Earnings
Gold producer AngloGold Ashanti expects to report headline earnings of between $572-million and $642-million for the year ended December 31,...
Banks record ¢7.4bn profit before tax in 2021
Banks in Ghana recorded ¢7.4 billion profit before tax in 2021, the Bank of Ghana has said. This is compared...
Mobile money transactions significantly outstrip cheques by ¢770.4bn in 2021
Mobile money transactions for last year significantly outstripped cheque transactions by a massive ¢770.4 billion, the Summary of Economic and...
Oil Majors expected to post strong earnings
It’s early innings in the current earnings season, with just 4% of S&P 500 companies having reported fourth-quarter 2021 earnings. According to FactSet...
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