HomeBusinessBusiness

Business

CDM demands national response to U.S. tariff on Ghanaian exports

The Centre for Democratic Movement (CDM) has called for a coordinated national response to the United States’ recent imposition of a 10% tariff on...

NIB engages BoG on strategic initiatives to drive growth and operational efficiency

The Managing Director of National Investment Bank PLC (NIB), Dr. Doliwura Zakaria, has led a high-level delegation to engage the Governor of the Bank...

We are all worried but…. – Sampson Ahi on Trump tariffs [Listen]

Deputy Minister of Trade and Industry, Sampson Ahi, has expressed concern over the recent 10% tariff imposed on Ghanaian exports by U.S. President Donald...

No contractor will be paid until audit is complete – Finance Minister

Minister for Finance, Dr. Cassiel Ato Forson, has announced that government contractors will not receive any payments until a thorough audit of outstanding arrears...

No government contracts without MoF approval – Ato Forson warns

Finance Minister, Dr. Cassiel Ato Forson, has announced a firm directive that no government contract shall be approved without prior commencement authorization from the...

Secondary Bond Market activity drops by 51.67%

The secondary bond market experienced a sharp decline of 51.67% week-on-week, with a drop of GH¢483 million from GH¢999 million the previous week. This decline...

BoG to cut policy rate in July 2025 – Report

IC Research, the research arm of IC Securities, forecasts that the Bank of Ghana will cut its policy rate for the first time since...

GRA exceeds revenue target in quarter one, records GH¢41bn

The Ghana Revenue Authority (GRA) has exceeded its first-quarter revenue target, recording GH¢41 billion, surpassing the target of GH¢36 billion. Acting Commissioner-General of the GRA,...

US Ambassador stunned by 10% tariff on cocoa – Deputy Trade Minister

Deputy Minister of Trade and Industry, Sampson Ahi, has revealed that the United States Ambassador to Ghana, Virginia Palmer, was left surprised and concerned...

‘Our boxes are not for crime’ – BoG distances itself from misuse of currency containers

The Bank of Ghana (BoG) has issued a disclaimer following reports that its currency transport boxes are being misused by individuals for purposes unrelated...

Mahama orders full action on Trump tariffs – Deputy Trade Minister reveals

Deputy Trade Minister Sampson Ahi has revealed that President John Mahama has instructed government officials to do everything within their power to resolve the...

Banking Consultant calls for constitutional ceiling on gov’t borrowing

Ghanaian banking consultant Dr. Richmond Atuahene has called for urgent constitutional reforms to impose strict limits on government borrowing, describing the current economic situation...

Goldbod is the economic game changer Ghana needs – Finance Minister Ato Forson

Finance Minister Dr. Cassiel Ato Forson has described the Goldbod initiative as a game changer for Ghana’s economy.He highlighted its role in stabilising the...

Rev. Stephen Wilfred Arthur appointed Acting Director-General of GCAA

President John Mahama has appointed Rev. Stephen Wilfred Arthur, a distinguished aviation expert, as the acting Director-General of the Ghana Civil Aviation Authority (GCAA). With...

‘We’re listening’ – BoG assures traders of stability amid high interest rates

The Bank of Ghana (BoG) has assured the Ghana Union of Traders Association (GUTA) that it remains committed to creating a stable and supportive...

BoG meets GUTA: Traders push back on interest rates as central bank defends inflation fight

The Bank of Ghana (BoG) met with the leadership of the Ghana Union of Traders Association (GUTA) on Friday at the Bank Square to...

US tariffs raise US recession risks, threaten global economic outlook – Fitch

US tariffs have reached levels that are transforming the global economic outlook, significantly raising US recession risks and constraining the Federal Reserve’s ability to...

E-Levy charges to be refunded by April 7 – EMIs Chamber assures public

The Electronic Money Issuers (EMIs) Chamber of Ghana says all E-Levy charges made on mobile money and other electronic transfers from April 2, 2025,...

Don’t celebrate yet, declined T-bill yields artificial – IPPA to Finance Minister

The Institute of Public Policy and Accountability (IPPA) has urged the Finance Minister, Dr. Cassiel Ato Forson not to celebrate over the recent sharp...

CalBank PLC appoints Daniel Nii Kwei-Kumah as new board chairman

CalBank PLC has announced the appointment of new board members, with Daniel Nii Kwei-Kumah Sackey as the Chairman of the Board of Directors.His appointment...

Finance Minister engages Chinese Ambassador to deepen bilateral cooperation

Finance Minister Dr. Cassiel Ato Forson met earlier today with the Chinese Ambassador to Ghana, H.E. Tong Defa, to strengthen ongoing collaboration and explore...

VRA embarks on mission to recover all debt

The new Chief Executive Officer (CEO) of the Volta River Authority (VRA), Ing. Edward Obeng Kenzo, has embarked on a strategic mission to recover...

Ghana courts British Investment as BII eyes Agribusiness and financial sector support

In a significant move to deepen foreign investment in Ghana, the Finance Minister, Dr. Cassiel Ato Forson, met with representatives from British International Investment...

Gov’t to enforce local procurement policy to boost industry – Ato Forson

The Minister for Finance, Dr. Cassiel Ato Forson, has announced that the government will soon implement a new policy requiring all public sector agencies...

Govt owes Zoomlion GHC1.2 billion for unpaid waste management services – Minister reveals

The Minister of Local Government, Chieftaincy and Religious Affairs (MLGCRA), under which sanitation falls, has made a shocking revelation that the government owes Zoomlion...

It’s finished – Finance Minister reacts to Mahama’s assents to abolishing e-levy, betting tax, and others

Finance Minister Dr. Cassiel Ato Forson has reacted to the abolition of key taxes, including the Electronic Transfer Levy (E-Levy) and the betting tax,...

Year-on-year inflation for March 2025 slows to 22.4%

Year-on-year inflation for March 2025 slowed to 22.4%, down from the 23.1% recorded in February 2025, driven by a reduction in both food and...

Oppong Nkrumah vows to ensure fiscal prudence, prevent budget overruns

The Ranking Member of Parliament's Committee on Economy and Development, Kojo Oppong Nkrumah, has committed to ensuring fiscal prudence and preventing budget overruns in...

Cedi is 7th strongest currency in Africa in Q1 2025

As of the end of the first quarter of 2025, the Ghana Cedi has been ranked 7th as the strongest currency in Africa, with...

Maiden OFIE Market fair records massive turn out

The Amanokrom Community Centre Park in the Akuapem North Constituency, Eastern Region, was buzzing with activity on the morning of Saturday, March 29, 2025,...

GRA dismisses claims of freezing Richard Armah Quaye’s accounts

The Ghana Revenue Authority (GRA) has clarified that it has not frozen the bank accounts of Richard Nii Armah Quaye, founder of Bills Micro...

Sam George not being truthful about NITA’s finances – Mpraeso MP

The Member of Parliament (MP) for Mpraeso, Davis Ansah Opoku, has accused the Minister for Communications, Digital Technology, and Innovations, Samuel Nartey George, of...

Ghana’s public debt drops to GH¢726.7bn in December 2024

Ghana’s total public debt declined by GH¢15.8 billion month-on-month to GH¢726.7 billion in December 2024, according to the Bank of Ghana’s March 2025 Summary...

Cedi loses 5.3% to dollar in Q1 2025 – BoG

The Ghana cedi depreciated by 5.3% against the US dollar in the first quarter of 2025. According to the Bank of Ghana, the local currency...

Amin Adam criticises reintroduction of Special Import Levy

The Ranking Member on the Finance Committee of Parliament and former Finance Minister, Dr. Mohammed Amin Adam, has criticised the reintroduction of the Special...

Amin Adam accuses government of diverting funds for Agenda 111 projects

Dr. Mohammed Amin Adam, the Ranking Member on the Finance Committee of Parliament and former Minister for Finance, has accused the government of diverting...

Amin Adam criticizes government for reintroducing sustainability levy

Dr. Mohammed Amin Adam, Ranking Member on the Finance Committee of Parliament and former Minister for Finance, has strongly criticised the government’s decision to...

Chamber of Autodata Ghana commits to promoting good market practices

Executives of the Chamber of Autodata Ghana, a leading industry body, have reaffirmed their commitment to shaping policies, regulations, and good market practices within...

GRA begins process to remove E-Levy, Betting Tax from compliance scheme

The Acting Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, has revealed that the agency will immediately begin removing the electronic levy...

GPRTU rejects new tax proposal, calls for review

Just as Parliament has abolished the E-Levy, betting tax, and other nuisance levies, the Interior and Sanitation Ministers are pushing for new taxes to...