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Opaque transactions in banks could be a conduit for holding proceeds of corruption – AG

Attorney General, Godfred Dame is making a case for banks and other related financial Institutions to be held accountable for concealing the identities of...

Fuel price reduction: Petrol at GH₵14.16, diesel GH₵14.70 a litre

Some oil marketing firms have started reducing prices of petroleum products at the pumps from today September 2, 2024. Market leader GOIL is selling a...

Fact Check: Misleading! Ghana’s industrial sub-sector did not collapse in 2016

Claim: Dr Mahamudu Bawumia, the 2024 flagbearer of Ghana’s governing New Patriotic Party (NPP), says industrial growth in the country had collapsed due to erratic power...

Blue Gold takes over operations of Bogoso and Prestea mines

Gerald Group, one of the world's oldest and largest independent commodity trading companies, has assumed control of the Bogoso and Prestea mines, now operating...

T-bills auction: Government misses target again; interest rates shoot up

For two consecutive months, the government missed its target for treasury bills as liquidity remained tight on the money market. According to auction results from...

Prices of petrol, diesel to remain stable or fall – IES

The Institute for Energy Security (IES) is projecting price stability for petrol and diesel for the next two weeks. However, Liquified Petroleum Gas (LPG) could...

Ban on grain exportation to be lifted by November – Bryan Acheampong

The Minister for Food and Agriculture, Dr. Bryan Acheampong, has revealed the government's plan to lift the recently imposed ban on grain exports by...

GIPC seeking government funding after revenue sources dry up – Bright Simons alleges

Vice President of IMANI Africa, Bright Simons, has expressed concern over the Ghana Investment Promotion Center's (GIPC) recent decision to seek taxpayer funding after...

Ghana ranked low on the Open Budget Survey

Ghana has scored 46 out of 100 in the gobal, 2023 Open Budget Survey (OBS), which examines public access to central government budget information. The...

Agric Ministry exaggerating dry spell to mismanage funds – Charles Nyaaba

A former Director of the Peasant Farmers Association of Ghana, Dr. Charles Nyaaba, has accused the Ministry of Food and Agriculture of overstating the...

Ghana committed to adding nuclear power to energy mix – Minister

A Deputy Minister of Energy has affirmed Ghana’s commitment to adding nuclear power to the country’s energy mix. Speaking at the second edition of the...

For three years, some staff received unearned salaries – BOST MD [Audio]

Managing Director of Bulk Energy Storage and Transportation Company Limited (BEST), formerly BOST, Dr. Edwin Alfred Provencal, has opened up on some factors that...

Ghana records 10% fall in FDIs in 2023, lowest over past decade

Ghana recorded a 10.0% drop in Foreign Direct Inflows in 2023 relative to 2022, the lowest inflow over the past decade and 28% lower...

Expanding tax base – GRA engages traders on tax obligation

One of the factors impeding revenue mobilisation in the country is inability to capture those within the tax bracket. Addressing this challenge which has existed...

China remains leading investment destination of FDIs into Ghana – Report

China remains the leading investment destination of Foreign Direct Investments into Ghana with 31 projects in 2023. It contributed the highest FDI of $211.89 million. The...

Government ramps up efforts to prevent food crisis amid Northern dry spell

The government is stepping up efforts to prevent an impending food insecurity crisis caused by the ongoing dry spell in the Northern and Middle...

GIBA president decries emergency handling of Broadcasting Bill; says it’s unfair

The President of the Ghana Independent Broadcasters Association (GIBA), Cecil Thomas Sunkwa-Mills, has expressed concern over the rushed handling of the Broadcasting Bill, which...

Dry Spell: Peasant Farmers Association frustrated over govt’s export ban [Audio]

The Peasant Farmers Association has expressed dissatisfaction with the government's recent decision to ban the export of key grains, including maize, rice, and soybeans. This...

Minority questions Minister’s request for GH₵500m from Contingency Fund to combat dry spell

Members of the Minority on Parliament's Finance Committee have raised concerns over the Finance Minister's request for GH₵500 million from the Contingency Fund to...

5 ways gov’t plans to avert impact of dry weather conditions on food production

The Finance Minister, Dr Mohammed Adam Amin says the government acknowledges the impact of dry weather conditions on food production and food security in...

Full text: Finance Minister gives update the state of the economy

Finance Minister, Mohammed Amin Adam has provided his monthly update on the state of Ghana's economy, addressing key concerns, including the country's public debt,...

Ghana’s debt now GH₵761bn, Finance Minister blames the rise on cedi depreciation

Finance Minister, Dr Mohammed Amin Adam, has given an update on the state of the Ghanaian economy putting the country's public debt as of...

GH¢700m processed to pay locked up funds of customers – Finance Minister

Finance Minister, Dr. Mohammed Amin Adam has announced that the government has approved GH¢700 million to be paid to customers of fund management companies...

Finance Minister contradicts COCOBOD’s self-financing plan for 2024/2025 cocoa season

The Minister of Finance, Dr. Mohammed Amin Adam, has refuted recent claims by the Ghana Cocoa Board (COCOBOD) regarding the self-financing of the upcoming...

Ghana ranked 2nd most attractive country in SSA in power supply – Fitch Solutions

Ghana was ranked as the second most attractive country in terms of power supply or electricity among 18 countries in Sub Saharan Africa, Fitch...

Total value of secured loans by banks, SDIs in quarter 2, 2024 estimated at GH¢10.8bn

The total value of secured loans granted and registered by banks and SDIs in quarter 2, 2024 was GH¢10.8 billion, about 83.1% increase over...

Ministry of Finance to introduce 36 double taxation agreements

Head of the Tax Policy Unit at the Ministry of Finance, Daniel Nuer, has revealed that the Ministry of Finance is working to introduce...

Sale of hotels: Claim SSNIT is making losses untrue – Abraham Koomson

The General Secretary of the Ghana Federation of Labour (GFL), Abraham Koomson, has expressed concerns about the decision by the Social Security and National...

NPA’s unfairness will render our 10,000 workers unemployed – LPG Marketing Companies

The LPG Marketers Association (LPGMC), Ghana LPG Operators Association (GLIPGOA), and Gas Tanker Drivers Association (GTDA) have issued a strong warning that the National...

Government working on newly discovered oil reserves – Finance Minister

The Finance Minister, Dr. Mohammed Amin Adam has emphasized the significant potential of oil revenue in driving national development. Speaking at the Future of Energy...

Grain export ban: Ghana’s Ambassador to Burkina Faso warns of economic repercussions

Ghana’s Ambassador to Burkina Faso, Boniface Gambila, has expressed concerns over the government's recent decision to impose a ban on grain exports without consulting...

Fuel would have been GH₵30 or GH₵40 if not for gold for oil policy – BOST MD [Video]

Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST), Dr. Edwin Alfred Provencal, has firmly defended the Gold for Oil policy. In...

Why BOST became BEST – Managing Director explains [Listen]

Managing Director of Bulk Energy Storage and Transportation (BEST) Company Limited, formerly known as BOST, Edwin Alfred Provencal, has explained the reasons behind the...

Tax analysts question feasibility of NPP and NDC tax proposals under IMF programme

Some tax analysts have cast doubts the ambitious tax proposals announced in the manifestoes of the two major political parties, the New Patriotic Party...

IMF MD proposes appointment of Nigel Clarke as Deputy MD

Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has announced to the Executive Board her proposal to appoint Nigel Clarke to the...

I don’t know if critics are suffering from witchcraft or what – BOST MD on margin [Listen]

The Managing Director of Bulk Energy Storage and Transportation (BEST) Company, Edwin Alfred Provencal, has stressed the importance of the BOST margin for maintaining...

Cedi crosses GH¢16 mark against the dollar on retail market

The Ghanaian Cedi has recently surpassed the GH¢16 mark against the US Dollar on the currency retail market. A survey by Citi Business News at...

Grain export ban is necessary, but… Former GAWU General Secretary [Listen]

The former General Secretary of the General Agricultural Workers Union (GAWU), Edward Kareweh, has backed the government’s recent ban on grain exports. However, he said...

Grain export ban: It will worsen the situation for farmers – Youth in Agric Business [Audio]

The Director of Youth in Agric Business, Wilson Addai, has said the government's recent ban on grain exports won't achieve the intended positive outcomes. He...

NLA to partner global leader, Scientific Games

The National Lottery Authority (NLA) may soon clinch a transformative partnership with Scientific Games. The partnership is to further position NLA as a competitive global...