Tue11212017

Last updateTue, 15 Aug 2017 10pm

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Regimanuel gray estate redefining standards

…despite challenging business environment
Regimanuel Gray Limited (RGL), construction and real estate developers is poised to deliver cutting edge housing solutions to its varied clientele in and out of Ghana.

The Managing Director of Regimanuel Gray Limited, Mr. Ibrahim Bah said the company will not compromise on its hallmark of quality houses even in the face of unstable economic conditions and a declining market.

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Banks with the worst and best ATM charges in Ghana

Figures from the Bank of Ghana indicate the Agricultural Development Bank (ADB)has the highest ATM charge in the country’s banking industry.

According to the figures which were published by the Bank of Ghana in February 2015, as at December 2014 customers from ADB pay 50 pesewas per an ATM transaction they make.

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IMF board to decide bailout time, funding for Ghana after last mission

The International Monetary Fund (IMF) says its Board will decide, after its current mission in Ghana – which will last till February 26, 2015 – the time within which a three-year programme meant to rescue Ghana’s economy will be ready.

At a press briefing in Washington D.C on Thursday February 19, 2015 by the Director of the Fund’s Communication Department, Mr Gerry Rice said it was only after the current mission’s final deliberations with the Government of Ghana that the IMF can give a definite timeline by which the programme will be ready, as well as the total amount of funding that will be channeled to the young oil producing West African country.

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NPA pays arrears to BDCs


The Chief Executive Officer of the National Petroleum Authority (NPA), Mr Moses Asaga, has said that the authority has settled the GH¢412 million debt it owed the Bulk Oil Distribution Companies (BDCs).

The settlement followed money the authority got from over-recoveries when the prices of petroleum products dropped on the world market.

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Ghana’s domestic debt now GH¢ 34.6 billion – BoG

Ghana’s stock of domestic debt stood at GH¢34.6 billion or 30.5 per cent of gross domestic product (GDP) at the end of 2014; up from GH¢ 26.7 billion (28.4 per cent of GDP) in 2013.

Dr Henry Kofi Wampah, BoG Governor, said external debt stood at $ 13 billion or 36.6 per cent of GDP at the end 2014, up from $ 11.5 billion or 26.9 per cent of GDP in 2013.

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