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Ghana’s June 2023 inflation rate increased slightly from the 42.2 percent seen in May 2023 to 42.5 percent. Food and non-food items account for 54.2% and 33.4%, respectively, of this inflationary trend, according to the government statistician, Professor Samuel Kobina Annim. While the inflation rate for locally produced goods was 35.9%, it was higher for […]
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On Friday, June 23, 2023, the Kempinski Gold Coast Hotel hosted the 5th annual Health Environmental Safety & Security (HESS) awards ceremony. FBNBank received the Employee Empowerment Excellence Award. The goal of the HESS awards is to recognise and honour outstanding businesses for their outstanding work in the fields of occupational health, environment, safety, and […]
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According to the Ministry of Finance, all outstanding principle and coupon arrears for individual bondholders as of June 19th have been paid in full. This occurs at a time when bondholders had vowed to picket today, Tuesday, July 11, outside the Finance Ministry in order to demand the payment of unpaid principal and coupons. According […]
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A historic operation led by the Bureau of National Investigations (BNI) and the Ghana Revenue Authority (GRA) culminated in the arrest of officials of Wan Heng Ghana Ltd., a Chinese-owned cement production business. Due to alleged tax irregularities totaling GH500 million, the company’s managers were detained. The joint operation is the result of a tip […]
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