Apple makes new iPhone 14 in India in shift from China

Source: BBC Apple says it has started making its iPhone 14 in India as it diversifies…

NPA shuts three filling stations in Sunyani for cheating consumers

Source: Joy Business The National Petroleum Authority (NPA) has shut three filling stations for dispensing fuel…

Report companies that price in dollars – BoG

Dr. Joseph France, the director of financial stability at the Bank of Ghana (BoG), has urged…

Patagonia: Billionaire boss of fashion retailer gives company away

Source: BBC The billionaire founder of the outdoor fashion retailer Patagonia says he has given away…

Sachet water to be sold at ¢0.50, bottled water price rises to ¢3 effective September 19

Source: myjoyonline.com The National Association of Sachet and Packaged Water Producers (NASPAWAP) has announced another upward…

GPRTU increases transport fares by 30% effective September 21

Source: myjoyonline.com Users of public transport will from Wednesday, September 21, pay at least 30 percent…

Beware! SEC, EOCO warns against investing in these 17 companies

Source: 3news.com The Securities and Exchange Commission (SEC) and the Economic and Organised Crime Office (EOCO) have embarked on a…

Cement price increases to ¢73 as manufacturers blame cedi depreciation

Source: Joy Business The price for a 50-kilogram bag of cement has been increased by manufacturers…

Fuel prices to go up between 5% and 10% – IES

Source: Joy Business Beginning September 2022, fuel prices are set to see a sharp jump between…

This is why the cedi keeps depreciating and the dollar keeps appreciating – world bank explains

Source: World Bank/Marcello Estevao The US dollar is on a tear, strengthening around 11% since the…

Ghana’s actual inflation in July 2022 was 77% – Hanke’s Inflation Dashboard

Source: Joy Business A Professor of Applied Economics at the Johns Hopkins University, Professor Steve H.…

E-levy: New data from Finance Ministry shows government rakes in less than 7% of target

Source: myjoyonline.com Fresh data from the Finance Ministry has shown a significant shortfall in revenue from…

Do not do business with these 19 unlicensed loan providers: – BoG warns.

The Bank of Ghana (BoG) has advised the public not to borrow money from 19 unauthorized…

Cannabis farming: ‘Opportunities for European distribution are big’; Legal cannabis trade set to rise to $7billion in Africa

Source: BBC One company that is seeking to capitalise on medicinal cannabis is Labat Africa Group.…

Cedi hits ¢10 to a dollar; BoG measures may halt depreciation in short-term

Source: Joy Business The Ghana cedi has hit the ¢10 mark as it traded at ¢10.01…

Prices of petroleum products to go up 5.5%

Despite a decline in the global market, the Chamber of Petroleum Consumers (COPEC) predicts that prices…

Utility tariffs (Electricity, water) increased by 27.15%, and 21.55% respectively; effective September 1st.

On September 1, 2022, the Public Utilities Regulatory Commission (PURC) will enact new tariffs. Electricity and…

Current economic situation one of the toughest I’ve experienced since 1981 – Joe Jackson

Source: myjoyonline.com Director of Operations at Dalex Finance, Joe Jackson, has described the current economic downturn…

Ghana’s inflation rate stood at 31.7% in July, 2022. These are the major contributors.

According to data from the Ghana Statistical Service, annual inflation surpassed the 30% threshold to reach…

Another downgrade: Fitch in its latest rating has downgraded Ghana from ‘B-‘ to ‘CCC’

The rating company Fitch has lowered Ghana’s Issuer Default Rating (IDR) for Long-Term Foreign-Currency (LTFC) from…