THE JCS JOURNAL
THE MONTHLY NEWSLETTER OF JCS INVESTMENTS LIMITED
This Month’s Newsletter entails:
- The current inflation rate and monetary policy rate as provided by the Bank of Ghana.
- News highlights on the financial and banking sector of the Ghanaian Economy.
- Details on a new book released by the CEO of JCS Investments Ltd.
NEWS HIGHLIGHTS
CURRENT INFLATION RATE: 35.2%
CURRENT MONETARY POLICY RATE: 30.0%
513,336 businesses in trouble for failing to file annual returns, renewal for three years
The Registrar General, Jemima Oware in a stakeholder meeting with the Ghana Union Traders Association (GUTA) said that all businesses that are in default for more than four years would be struck off the register for lapse of business name in accordance with law governing company registration.
Exercise caution in accepting to guarantee loans – Bank of Ghana financial literacy
The Bank of Ghana (BoG), as part of its financial literacy on guaranteeing loans is asking persons to exercise extreme caution before they take up that burden.
Ministry of Finance, IFC hold Ghana Mutual Prosperity Dialogues
The Ministry of Finance and the International Finance Corporation (IFC), a member of the World Bank Group has held the inaugural Ghana Mutual Prosperity Dialogues.