More businesses will collapse this year – McDan
Ghanaian business magnate, Daniel McKorley, popularly known as McDan, says more Ghanaian businesses will collapse this year.According to the entrepreneur, this is due to...
First consignment of affordable fuel to arrive next week
Petroleum consumers eagerly awaiting the arrival of affordable fuel from the United Arab Emirates would have to wait a bit longer.Despite assurances by the...
Harmattan: Traders cry over limited supply of shea butter
The demand for shea butter is on the increase on the Kumasi market, mainly driven by the harmattan season.Traders, however, say they are unable...
Some politicians to blame for cedi woes – kofi Amoabeng
Former Chief Executive Officer of defunct UT Bank, Prince Kofi Amoabeng, has taken a swipe at some Ghanaian politicians for contributing to the woes...
GUTA saddened by Alan Kyerematen’s resignation
Ghana Union of Traders Association (GUTA) has commended the former Trades and Industry Minister, Alan Kyerematen for the impact he had in the Ministry.Describing...
Databank to reopen offices today
Fund management company Databank will reopen its independent branches on January 10, 2022 - the first time since December 22, 2022, following a shutdown...
Cedi losing stability against the dollar
The Ghana cedi is losing it's appreciation against the dollar months after recording relative stability in the retail market.The cedi in the last few...
IMF engages international creditors on cancellation of Ghana’s debt
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has disclosed that the Fund is engaging some international creditors for a possible...
MoMo transaction limits increased to enhance customer experience
MTN MoMo has implemented the Bank of Ghana (BoG) approved an increase in daily and monthly transaction limits as well as maximum wallet balances.The...
CID preparing docket to prosecute VAT offenders
The Ghana Revenue Authority (GRA) has announced that the Criminal Investigations Department (CID) of the Ghana Police Service is currently preparing the docket to...
We experienced no growth in 2022 – AGI CEO
Chief Executive Officer of the Association of Ghana Industries, Seth Twum Akwaboah, has revealed that the past year was tough for Ghanaian industry operators.According...
Ghana being pushed out of competition in sub-region – GUTA
The President of Ghana Union of Traders Association (GUTA), Dr Joseph Obeng has disclosed that the high cost of doing business in Ghana has...
2022 wasn’t good trading year as we lost majority of capital – GUTA Prez
The President of Ghana Union Traders Association (GUTA), Dr Joseph Obeng has disclosed that most members lost 55% to 60% of their capital as...
IMF chief warns of ‘tough year’ for global economy
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economy faces “a tough year, tougher than the...
Finance Minister lauds Jospong Group for investment in rice sector
Finance Minister, Ken Ofori-Atta has lauded the decision by Jospong Group of Companies’ (JGC) to invest in Ghana's rice sector.This, he stated is a...
Thailand Consul assures Ghana of support for large scale rice production
The Honorary Consul of Ghana in Thailand, Dr Sicha Singsomboon, has given a firm assurance that her country was ready to support Ghana in...
GUTA seeks advice from GHS as China prepares to lift travel ban
The Ghana Union of Traders Association (GUTA) has called on the Ghana Health Service (GHS) to evaluate the COVID-19 situation in China and advise...
Retract, apology to Okobeng Mine CEO: Lawyers demands from 2 newspapers
The Chief Executive Officer of Okoben Mining Company, Nana Okoben Amponsah, through his lawyers, Gaisie Zwennees Hughes & Co in Takoradi, has written a...
Petrol ‘likely’ to sell at single digit by Monday – Analysts
For the first time in 12 months, petrol is likely to sell at a single digit rate at the local pumps in the first...
GRA reverses discount on import values of general goods, vehicles effective January 1, 2023Â
The Ghana Revenue Authority (GRA) has announced a complete reversal of the discount on import values of general goods and Home Delivery Value (HDV)...
Cedi records relative stability; going for ¢11.50 to a dollar in retail market
The Ghana cedi has recorded relative stability to the dollar and all the other major currencies this yuletide period.The local currency is hovering around...
Fuel prices to go down significantly from January 1, 2023
Prices of petroleum products will go down significantly beginning this Sunday, January 1, 2023, the Institute for Energy Security (IES) has predicted.This follows an...
Cedi to depreciate by about 22% in 2023 – EIU
UK based Economist Intelligence Unit (EIU)is predicting about 22% depreciation of the cedi to the dollar in 2023.This will rank the local currency as...
aYo pays GHS20,000 medical bills for 13 new mothers at KATH
aYo Intermediaries Ghana, the award-winning mobile insurance wing of MTN Ghana has put smiles on the faces of some 13 new mothers at the...
MTN Ghana awards MoMo Agent and Merchants
Top performing mobile money agents and merchants have been awarded at the 2022 edition of the MTN Ghana Mobile Money Agents and Merchants awards...
Govt includes individual bondholders in domestic debt exchange
Individual bondholders have now been included in the Domestic Debt Exchange as the Government of Ghana has announced the further extension of the expiration...
GRA shuts down Regal Chinese Restaurant at Osu [Photos]
The Ghana Revenue Authority (GRA) has closed down the Regal Chinese Restaurant at Osu, Accra.The development was as a result of non-compliance with its...
Spio-Garbrah calls for regulation to check high prices of goods
A former Minister of Trade and Industry, Dr Ekwow Spio-Garbrah, is calling for the introduction of price control institutions to regulate the pricing of...
Fitch to downgrade Ghana to very deeper junk status; Ghana’s Issuer Default Rating now ‘C’
Rating agency, Fitch, has given an indication of a further downgrade of Ghana’s credit rating to very deeper junk status.This is coming after it...
All you need to know as BoG increases mobile money transaction limit
The Bank of Ghana (BoG) has increased mobile money transaction and wallet limits.The Bank in a statement issued on December 22, 2022, noted the...
Accra: Traders take over bus stops [Photos]
What is the function of a bus shelter? Call it a bus stop if you may, but the Oxford Advanced Learner’s Dictionary says it is...
E-levy rate reviewed to 1%; GH¢100 daily threshold maintained
The Minority in Parliament has succeeded in ensuring that government maintains the GH¢100 Mobile Money threshold.Parliament also approved the reduction of the Electronic Transfer...
Victory at last: Pension Funds exempted from Debt Exchange Programme
Government has announced an exemption of all pension funds from the Debt Exchange Programme.This follows a meeting between Organised Labour, Ministry of Employment and...
GOIL sends strong message to fraudsters
GOIL PLC has cautioned fraudsters against the use of the company’s name to defraud unsuspecting persons. This comes on the back of fake promotions...
GRA apprehends 9 retail shops at Achimota Mall
Some nine retail shops operating in the Achimota Mall have been apprehended by the Ghana Revenue Authority (GRA) for non-registration and non-issuance of Value...
Used clothing dealers announce reduction in prices
The Used Clothing Dealers Association has announced a 30% reduction in the prices of their goods.The Public Relations Officer of the association, John Obiri-Yeboah,...
Taskforce to chase stubborn drivers over transport fares reduction [Listen]
JoyNews/AdomNews · Taskforce to chase stubborn drivers over transport fares reductionThe Ghana Road Transport Coordinating Council (GRTCC) and Ghana Private Road Transport Union (GPRTU)...
IMF Board approval for Ghana programme scheduled for January 2023 – Redd Intelligence
The approval of a programme for Ghana by the Board of the International Monetary Fund is expected to come off at the earliest in...
Alan calls for intensive investment in agric sector
The Trade and Industry Minister, Alan Kyerematen, has advocated for intensive investment in the agricultural sector as part of major plans to economically empower...
Govt suspends external debt payments
Government through the Finance Ministery has announced the suspension of the debt service payments on certain categories of external debts.The suspension, according to the...