Business News of Friday, 15 May 2020

Ghana’s trade balance records US$936.4m – BoG

Budget deficit widens in first quarter – BoG

Internal analysis on benchmark discount policy was not approved by govt - GRA

Banks strong and well-positioned to withstand mild, credit shocks – BoG

Coronavirus: Panic-buying-fuelled inflation surge to peak in Q2 – BoG

Economic growth in 2020 likely to be between 2 and 2.5% – BoG

Retail sales picked up due to panic buying – BoG

Samuel Amankwah resigns from GCB Board

19,203 workers got their job with fraudulent certificates – Auditor-General

Fuel prices to remain unchanged for 2nd half of May – IES

Phlenu App solidifies Ghana’s online retail space

LIVESTREAMING: Kwahu Proffesionals-Network Business Forum

Coronavirus has not affected petroleum production – Egbert Faibile

BoG loans GH¢5.5 billion to gov't to curtail coronavirus revenue shortfalls

Ghana Standards Authority certifies locally-made sanitizing tunnel

Govt reverses reduction in benchmark import values

World economy to shrink by 3.2% by midyear – UN report

Inflation breach target band for first time in 2-years

Reports of contract diversion between GACL and LCB are false - Aviation Ministry clarifies

Bank of Ghana maintains monetary policy rate at 14.5 percent

Delayed petroleum pact negotiations concerning — Civil Society Groups

Gov’t to pay more for water subsidy

Monetary Policy Committee to annouce next action at coronavirus crisis

Single window: ICUMS is Ghana’s best bet – Ghana Link

Airlines get three months rent waiver at Kotoka International Airport

Coronavirus: WTO head steps down a year early as downturn looms

Cedi loses 1.4% value to US dollar in four months – BoG

Coronavirus: GTA’s directive for hospitality sector would have made zero impact – Hoteliers

Ghana’s debt stock hits GH¢236.1bn in 1st quarter of 2020

Orcas Global to support women in agriculture

Reversal of 50% benchmark reduction value can cause smuggling – GUTA

Balogun Olalekan assumes office as MD/CEO of UBA Ghana

Retailers asked to practice 'First Expired First Out' principle

Benchmark reversal has shown us where our votes will go – Importers & Exporters to Akufo-Addo

Hold AGM electronically - Registrar General tells companies