Tag: Forex
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Ghana Central Bank Tightens Rules on Foreign Currency Cash withdrawals
The Bank of Ghana has instructed commercial banks to stop paying foreign currency cash to large companies unless those firms have already deposited equivalent...
Letshego Ghana Reports Profit Dip Amid Forex Losses and Rising Costs
Letshego Ghana Savings and Loans PLC recorded a 42.5% year-on-year decline in half-year profit to GH¢23.96 million for the period ended 30 June 2025,...
Quantum Terminals Posts 30% Profit Rise Despite Forex Headwinds
Quantum Terminals PLC reported a 30% year-on-year increase in half-year net profit to GH¢22.7 million for June 2025, overcoming significant foreign exchange losses and...
Forex Rules to Lower Import Costs as Shipping Rates Regulated
New Bank of Ghana guidelines targeting shipping industry exchange rate practices are expected to reduce prices for imported goods, according to industry leaders.
Effective July...
Mining Lobby Demands Levy Cut in Mid-Year Budget
The Ghana Chamber of Mines is urging the government to reduce the controversial Growth and Sustainability Levy from 3% back to 1% in the...
