Bureaus sell $1 at GH¢13.65, GH¢12.86 on BoG interbank as of March 27

Note that these rates may differ at a forex bureau near you. Our forex bureau rates are provided by Afriswap Bureau De Change in Osu, Accra. The Interbank forex rates from the Bank of Ghana today, March 27, 2024, have shown that the Ghana Cedi is trading against the dollar at a buying price of 12.8558 and a selling price […]

Access Holdings recorded $451 million in profit in 2023 under Herbert Wigwe

Reports indicate Access Holdings in the year 2023 under the leadership of the late Herbert Wigwe recorded a 307 per cent year-on-year profit. The new feat represents a N619.32 billion growth, an equivalent of $451.7 million. This new profit gains dwarfs the N152.2 billion ($111 million) recorded in 2022. The group’s total comprehensive income mirrored […]

Government seeks $100m in private capital to complete Saglemi Housing Project

The government is targeting $100 million from private investors to complete the Saglemi Affordable Housing project. Speaking as a guest on the PM: Express Business Edition on JoyNews, Kojo Oppong Nkrumah, the Minister for Works and Housing, mentioned that this amount is what the government need from private capitals to complete the project. He also stated […]

Blame the 22 taxes, levies for hefty port charges, not us – GPHA boss

The Ghana Ports and Harbours Authority (GPHA) has refuted allegations of exorbitant port charges, asserting that it only imposes approximately 10% of the total fees and levies at the ports. Director-General Michael Luguji made the point during a meeting with Finance Minister Mohammed Amin Adam and his delegation. He called for a comprehensive assessment and […]

Ivory Coast to raise cocoa farmgate price by 50% from April 2

Ivory Coast’s president, Alasaane Ouattara, will increase the official cocoa farmgate price to 1,500 CFA francs, an equivalent of $2.47 per kg from Tuesday, April 2, 2024. According to sources known to Accra-based media house, Asaase Radio, the increment was informed by a decision taken at a crucial government meeting on Saturday, March 30, 2024. […]