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T-bills auction: Interest rates fall to 27.89%; government records 23.64% oversubscription

Interest rates fell for the seventh consecutive week despite a marginal increase in the January 2024 inflation. According to the auction results by the Bank...

Atlantic Lithium pledges responsible and sustainable mining practices at Ewoyaa

Atlantic Lithium Limited has committed itself to responsible and sustainable mining practices ahead of Ghana's first lithium production at Ewoyaa in the Central Region....

Don’t blame Ofori-Atta for Ghana’s financial woes – Centre for Social Policy Studies Economist

A Development Economist and a Senior Research Fellow at the Centre for Social Policy Studies (CSPS) of University of Ghana, Dr. George Domfe, has...

IMF boss congratulates Dr. Amin Adam after appointment as Finance Minister

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva has congratulated Dr. Mohammed Amin Adam after his appointment as Minister of Finance. A...

TOR Board Chairman, David Adomako resigns

The Board Chairman of the Tema Oil Refinery (TOR), David Adomako, has resigned from the board. In a letter to the presidency, Mr. Adomako cited...

Ministerial reshuffle: Amin Adam can’t turn economy around in 9 months – Seth Terkper

A former Finance Minister, Seth Terkper has voiced doubts regarding Dr. Mohammed Amin Adam's appointment as Finance Minister by President Akufo-Addo. Mr Terkper expressed his...

Fuel prices to go up – COPEC

Indications are that the pump prices of petrol, diesel and LPG are likely to go up in the next Window beginning 16 February 2024. The...

15% tariff increase was needed to save our business – MTN Ghana CEO

The Chief Executive of MTN Ghana, Selorm Adadevoh, has justified the 15.0% increase in tariffs for all its products and services, insisting, it was...

Election-induced expenditures could threaten fiscal economy – Report

Election-induced expenditures could threaten the fiscal economy going forward.   According to the 2024 Quarterly Report by Databank Research, following the government signal of a...

Election-induced expenditures could threaten fiscal economy – Report

Election-induced expenditures could threaten the fiscal economy going forward.   According to the 2024 Quarterly Report by Databank Research, following the government signal of a...

I’ll not depart from IMF programme – Amin Adam

The Finance Minister, Dr. Mohammed Amin Adam, has reaffirmed the government's commitment to the ongoing programme with the International Monetary Fund (IMF). He has assured...

Parliament to investigate delayed payments to Cocoa Road Contractors

The Speaker of Parliament, Alban Bagbin, has announced plans to establish a high-powered committee aimed at investigating the issue of outstanding payments to cocoa...

92% of women businesses in Ghana have never exported – OAWLI

A research data to be released as part of international women’s day, by Oxford Africa Women Leadership Institute (OAWLI), an Enterprise Support Organization, indicate,...

Valentine’s Day: Souvenir vendors lament low patronage

Valentine's Day holds a significant place for individuals and families to celebrate and reaffirm their affection, camaraderie, and admiration for each other. In Ghana,...

GCB Bank appoints Daniel Asirifi as Board Chairman

GBC Bank PLC (GCB) has appointed Daniel Kwaku Tweneboah Asirifi as the new board chairman. Asirifi’s assumption of office as board chairman of the bank...

Ofori-Atta advocates for expansion of digital payments for a more climate resilient Africa

Ghana’s Finance Minister, Ken Ofori-Atta, argues that digital technologies and responsible payment systems have a major role to play in climate adaptation and climate...

Akufo-Addo has led Ghana into a ditch – Development Economist

A Development Economist at the University of Development Studies (UDS), Dr. Michael Ayamga has branded the Akufo-Addo-led administration as a disastrous government. According to him,...

43% of Ghanaians not prepared to take financial risk at all – Report

Forty-three percent of Ghanaians are not prepared to take any financial risk at all as they have low-risk inclination, the 2023 Old Mutual Financial...

Registrar of Companies to strike off 8,531 companies in default [Video]

The Office of the Registrar of Companies (ORC) has initiated legal proceedings to dissolve approximately 8,531 companies Limited by Shares due to their non-compliance...

Bond market: Total turnover decreased by 16.25% week-on-week to GH¢1.33bn

The secondary bond market for Government of Ghana papers slowed in activity as the total volume traded declined by 16.25% week-on-week to GH¢1.33 billion. Notably,...

Demand pressures for dollar to weigh on cedi this week; one dollar equals GH¢12.80

The persistent demand pressures for the dollar would continue to weigh negatively on the cedi's performance this week. This follows a marginal depreciation of the...

The decision to go to IMF was our last resort – Dr. Tiah Kabiru Mahama

Technical Advisor to the Vice President, Dr. Tiah Kabiru Mahama says going to the International Monetary Fund (IMF) was government's last hope for assistance. According...

T-bills auction: Government raises GH¢6.86bn; interest rates fall for 6th consecutive week

Government raised GH¢6.86 billion via treasury bills, the biggest so far this year. According to the latest T-bills auction by the Bank of Ghana, the...

Introduction: Identifying businesses with durable long-term competitive advantage I

Identifying and investing in companies/businesses with Durable Long Term Competitive Advantage is an old investment strategy used by the world’s most respected investor –...

Trade Queen Africa launched in Accra

The AfCFTA Young Entrepreneurs Federation (AfYEF) has officially launched the maiden edition of the Trade Queen Africa (Miss Traq) project in Accra. Miss Traq takes...

GUTA set to enter accountability pact with political leaders

The Ghana Union of Traders Association (GUTA) has announced its intention to establish a social contract with presidential contenders in the upcoming 2024 elections. This...

AGI considers legal action to halt Emission Levy for industries

The Association of Ghana Industries (AGI) has hinted it will not hesitate to take legal action to halt the implementation of the Emission Levy...

Cereno Homes to redefine Housing system in Ghana – Chairman of CBS Group of Companies

CBS Group of Companies Chairman, Apostle Dr. Cephas Quarshie, has announced that Cereno Homes is poised to revolutionize the housing system in Ghana through...

15% VAT on electricity on hold: How long can the suspension last?

After enduring weeks of protests, threats of strikes from organised labour, and opposition from over 30 workers unions, associations and civil society groups, government...

Government to borrow GH¢180bn via T-bills in 2024

The government would borrow about GH¢180 billion via treasury bills in 2024. This will be 21% more than GH¢149.92 billion raised in 2023. The estimated maturities...

Unbridled free market has taken a toll on local manufacturing – AGI President

The President of the Association of Ghana Industries (AGI), Dr. Humphrey Ayim-Darke, has voiced concerns about the impact of an overly liberalised market on...

COCOBOD’s Agrochemicals and fertilizers not auctioned says GRA

The Ghana Revenue Authority (GRA) has refuted reports alleging its auctioning of agrochemicals, fertilizers, and other inputs due to the Cocoa Marketing Company's (COCOBOD)...

Guinness, 4 others top gainers on GSE in January 2024; market starts 2024 on positive note

Guinness Ghana Breweries Limited (30.59%), Unilever Ghana (9.74%), Asante Gold (9.70%), Access Bank (8.82%), and Total Ghana (5.56%) were the top gainers on the...

Salute and give particular recognition to BoG for pulling economy back – Bawumia

Vice President, Dr. Mahamudu Bawumia, has urged Ghanaians to salute and give particular recognition to the Bank of Ghana, which has come under unfair...

GUTA to meet Bawumia after address [watch]

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Labadi Beach Hotel honoured with 5 awards for service excellence

Ghana’s premier Five-Star Hotel, Labadi Beach Hotel has once again proven to be the most admired Hotel establishment in Ghana and one of the...

Ghana’s economy has performed better under NPP than under Mahama era – Bawumia

Vice President Dr. Mahamudu Bawumia says key economic indicators point to a better economic performance by the government than that of the period 2013-2016...

E-Levy will be abolished if I’m voted into power – Dr Bawumia

Vice President Dr Mahamudu Bawumia has pledged to abolish the controversial levy on electronic transactions, commonly known as the E-Levy if elected into power. Addressing...

Ghana earned $521.86m from crude oil in second-half of 2023

Ghana earned $521.86 million from crude oil in the second half of 2023, the Second-Half Ghana Petroleum Funds 2023 has revealed. Out of that, the...

Cedi to end 2024 at GH¢13.40 to a dollar

The Ghana cedi is expected to end 2024 at GH¢13.4 ± 0.10 to one US dollar. According to Databank Research, this would be influenced by...