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Maiden edition of “Ofie Market Experience” comes alive on Saturday

The maiden Ofie Market Experience is scheduled to take place on Saturday, March 29, 2025, at the Amanokrom Community Centre Park in the Akuapem...

Abdallah Mashud appointed Technical Director of SSNIT

President John Mahama has appointed Abdallah Mashud, the Executive Director of the Africa Center for Retirement Research, as the Technical Director of the Social...

Mahama to assent to removal of E-Levy, Emission Levy, and Betting Tax – Finance Minister

The Minister for Finance, Dr. Cassiel Ato Forson, has expressed confidence that President John Dramani Mahama will swiftly assent to the recently passed bill...

Criminal probe to be launched into over 1,300 missing ECG containers – John Jinapor

The Minister for Energy and Green Transitions, John Abdulai Jinapor, has announced that a criminal investigation will be launched into the disappearance of over...

COVID-19 Levy to be abolished by end of this year – Deputy Finance Minister

Deputy Finance Minister Thomas Nyarko Ampem has assured that the COVID-19 levy is expected to be abolished by the end of the year. According to...

I won’t continue with 1D1F tax exemption due to abuse – Ato Forson

The Minister of Finance, Cassiel Ato Forson, has announced that the government will discontinue the tax exemption policy under the One District, One Factory...

Parliament repeals E-Levy

Parliament officially repeals the Electronic Transaction Levy (E-Levy), which imposed a 1% charge on electronic transactions. Introduced in 2022 under the Akufo-Addo administration, the levy...

NPA boss seeks security support for 24-hour fuel stations

The Chief Executive of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo, has revealed that his outfit is working with various security agencies to...

Asuano Okro farmers lament low prices, seek market support

Okro farmers in Asuano, a farming community near Nkoranza in the Bono East Region, are facing severe financial difficulties due to the low prices...

Finance Minister announces cost-cutting measures

Finance Minister Dr. Cassiel Ato Forson has outlined a series of cost-cutting measures aimed at reducing government expenditure and ensuring prudent financial management. Speaking at...

No government directly creates jobs – Ken Thompson

Former Chief Executive Officer of Dalex Finance, Ken Thompson, has urged Ghanaians to change their perception of job creation, stressing that governments do not...

Government to pay $1.1bn to ENI for gas supply in 2025

Government will need to mobilize $1.1 billion in 2025 to settle payments owed to ENI for gas supply, including monthly invoices, Letter of Credit...

Finance Minister defends 2025 budget as people-centered policy document

The Minister for Finance, Dr. Cassiel Ato Forson, has defended the 2025 Budget Statement, calling it a people-centred document aimed at addressing the economic...

GRA denies freezing accounts of BILLS Micro Credit chairman Richard Nii Armah Quaye

The Ghana Revenue Authority (GRA) has refuted claims that it has frozen the financial accounts of Richard Nii Armah Quaye, the businessman and Chairman...

$1.2b gold smuggled out of Ghana in 2022 – Ato Forson

Minister for Finance, Dr. Cassiel Ato Forson, has raised concerns over Ghana’s loss of billions in revenue due to the illegal transfer of gold,...

GRA conducts tax assessment on businessman Richard Nii Armah Quaye

The Ghana Revenue Authority (GRA) has initiated an income tax assessment on businessman and Chairman of Micro Credit firm BILLS, Richard Nii Armah Quaye. The...

Finance Minister reaffirms commitment to IMF programme, debt restructuring

Finance Minister Dr. Cassiel Ato Forson has reiterated the government's commitment to meeting the conditions of the International Monetary Fund (IMF) programme and ensuring...

Benjamin Zigorsh-Nyakpenu assumes duty as Deputy Registrar of Companies

Benjamin Zigorsh-Nyakpenu has officially assumed office as the First Deputy Registrar of Companies. He was introduced to management by the Acting Registrar of Companies, Maame...

Governor Asiama chairs first MPC meeting with proposed reforms

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, will today, March 24, 2025, chair his first Monetary Policy Committee (MPC) meeting...

Think long term, but act short term – Sam Jonah

A former Chief Executive of AngloGold Ashanti, Sir Sam Jonah, has maintained that to be successful in the current global space, a business leader...

Goldbod will be sole exporter of gold in Small-Scale mining sector – Sammy Gyamfi

The Acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, has clarified that Ghana’s proposed Gold Board will have exclusive authority...

Commercial banks expand lending amid Treasury Bill rate decline

Commercial banks have begun exploring more lending options for businesses and diversifying their investments into high-yielding asset classes in response to declining Treasury Bill...

How T-Bill rates shape BoG’s monetary policy

The Bank of Ghana Act 2002 (Act 612) grants the central bank operational independence and mandates the establishment of a Monetary Policy Committee (MPC)...

We’ve built enough buffers to meet all DDEP obligations – Finance Minister

The Minister for Finance, Dr. Cassiel Ato Forson, has assured the banking sector that the government has built sufficient financial buffers to meet all...

Ghana’s banking sector on path to recovery – Banks Association President

The President of the Ghana Association of Banks, Kwamina Asomaning, has expressed optimism about the country’s banking sector, stating that Ghana is on a...

We won’t be reckless – Finance Minister assures banks

The Minister for Finance, Dr. Cassiel Ato Forson (MP), has reassured banks that the government is committed to responsible economic management and will avoid...

Gold can give Ghana ten times more forex than cocoa gives – Sammy Gyamfi

The acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, has raised concerns over the significant loss of foreign exchange Ghana...

IEA warns of risks in 2025 budget’s social interventions

The Institute of Economic Policy is cautioning against the heavy reliance of the 2025 Budget on social interventions. According to the institute, this approach may...

Government to borrow GH¢6.14bn in T-Bills on March 21

The government is set to borrow GH¢6.14 billion from the treasury market on Friday, March 21, 2025, through the issuance of the 91-day, 182-day,...

John Jinapor engages CSOs in Energy Sector

The Minister for Energy and Green Transition, John Abdulai Jinapor, has expressed deep concern over the rising debt within Ghana’s energy sector, warning that...

Gold-for-Oil policy responsible for stable petroleum prices – Hassan Tampuli

The former Deputy Minister for Transport, Hassan Tampuli, has credited the Gold for Oil policy introduced by the previous Nana Akufo-Addo administration for the...

Roads Minister and COCOBOD CEO form committee to address stalled cocoa roads projects

The Minister for Roads and Highways, Kwame Agbodza, and the Chief Executive Officer of COCOBOD, Dr. Ransford Abbey, have met to strategize on funding...

NHIL uncapping to offset USAID funding suspension – Ato Forson

The government has announced that the uncapping of the National Health Insurance Levy (NHIL) is expected to generate approximately GH¢9.9 billion to help bridge...

Ghana restructuring economy by cutting agricultural imports – Goosie Tanoh

The Presidential Advisor on the 24-hour Economy policy, Goosie Tanoh, has stressed the urgent need to restructure Ghana’s economy and reduce its dependence on...

ISSER boss opposes gov’t plan to scrap betting tax

The Executive Director of the Institute of Statistical, Social, and Economic Research (ISSER), Professor Peter Quartey, has strongly opposed the government’s plan to abolish...

2025 budget: GH¢1.5bn allocation to agric highly insufficient – Agri-Impact CEO

The Chief Executive Officer of Agri-Impact Limited, Daniel Fahene Acquaye, has raised concerns over the 2025 budgetary allocation to the agricultural sector, describing it...

Ghana ready to collaborate with India on agriculture and infrastructure – Foreign Affairs Minister

Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has expressed the country's commitment to strengthening ties with India, particularly in the fields of agricultural...

Finance Minister assures Parliament of efforts to stabilise Ghanaian cedi

Finance Minister Dr. Cassiel Ato Forson has assured Parliament that the government is taking steps to stabilise the Ghanaian Cedi against major trading currencies. Addressing...

Akufo-Addo’s COVID-19 borrowing was essential, not reckless – Amin Adam

Former Finance Minister Dr. Mohammed Amin Adam has defended the Akufo-Addo administration’s borrowing during the COVID-19 pandemic, insisting that the loans secured were essential...

IEA welcomes tax abolitions but…

The Institute of Economic Affairs (IEA) has welcomed the decision by Finance Minister Dr. Cassiel Ato Forson to abolish certain nuisance and obsolete taxes...