Ghana’s mango export grows 28% to hit $64.6m in 2021
Ghana’s export of mangoes grew by 28% between 2020 and 2021.According to the Ghana Exports Promotions Center (GEPA), the total value of export in...
More OMCs cut fuel prices
More Oil Marketing Companies (OMCs) are expected to review the prices of petroleum products downwards, from this morning (July 18, 2022).It’s coming after the...
NPA closes fuel stations in Western Region for cheating consumers
The National Petroleum Authority (NPA) as part of its routine exercises has clamped down on some fuel stations in the Western Region that have...
China faces economic crises over zero-covid policy
China's economy contracted sharply in the second quarter of this year as widespread coronavirus lockdowns hit businesses and consumers.Gross domestic product (GDP) fell by...
Prices of petrol, diesel, LPG to go down from July 16
Prices of Petroleum products are expected to witness some decline from this weekend (July 16th), with diesel expected go down by more than 11%.This...
49% of Ghanaians to stop using e-transactions due to E-Levy – Afrobarometer report
Majority of Ghanaians are not confident at all that government will use the 1.5 per cent currently being charged on Electronic Transactions (E-levy) to...
Multi-Pac Ltd awards winners in ‘Win Big Promo’ draw in Accra
Multi-Pac limited, one of Ghana's leading beverage manufacturer and producers of 5-star energy drink and Perla mineral water among other range of products, have...
Why the HUAWEI nova Y70 is the top entry-level smartphone in Ghana this year
No matter how you look at it, the prices of flagships or high-end smartphones are still a deterrent for many people, especially those on...
Ghana’s debt would have been sustainable if not for Covid-19, Russia-Ukraine war – Bawumia
Vice President Dr. Mahamudu Bawumia has indicated that Ghana’s debt to Gross Domestic Product (GDP) would have be within the sustainable threshold of some...
Restore fiscal sustainability to cut debt, address economic imbalance – World Bank to govt
The World Bank has charged the country to restore fiscal sustainability going forward in order to facilitate debt reduction to a sustainable level.It also...
Global economic outlook to be ‘darkened’ – IMF warns
The head of the International Monetary Fund has said it will downgrade its expectations for global economic growth this month.Its most recent forecast, issued...
Bill Gates to go off world’s rich list
Billionaire Bill Gates has pledged again to give his wealth away, adding that he will eventually "drop off" the world's rich list.It came as...
Netflix teams up with Microsoft to offer cheap services
Netflix has teamed up with Microsoft to offer a cheaper subscription plan to customers that will show adverts.The streaming giant says the service will...
Uber sued over claims of sexual assault
Uber is being sued in the US by 550 women who were allegedly assaulted by drivers on the ride-hailing platform.The filing includes allegations women...
Euro falls below dollar for first time in 20 years
The euro has fallen below the dollar for the first time in nearly 20 years as the war in Ukraine pushes the single currency...
Inflation hits transport, others by 29.8% in June 2022
Year-on-year inflation shot up further by 2.2% to 29.8% in June 2022, the latest data from the Ghana Statistical Service (GSS) has revealed.This is...
ISSER boss calls for E-levy rate reduction
Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, has called for a reduction in the current charges of...
IMF reaffirms support to Ghana
The International Monetary Fund (IMF) team led by Carlo Sdralevich that visited the country to assess the prevailing economic situation after government requested for...
Inflation hits 29.8% in June 2022; transport, food among major drivers
Year-on-year inflation shot up further by 2.2% to 29.8% in June 2022, latest data from the Ghana Statistical Service (GSS) has revealed.This is the...
Euro falls below dollar for the first time
The euro has fallen below the dollar for the first time in nearly 20 years as the war in Ukraine pushes the single currency...
Mid-Year Budget Review postponed until IMF talks are completed – Reports
Ghana postponed this week’s mid-term budget review until initial meetings with the International Monetary Fund (IMF) for an economic program have been completed, according...
IMF team to engage Bawumia, Parliament today
The visiting team from the International Monetary Fund (IMF) is expected to engage Vice President Dr Mahamadu Bawumia today (July 12), as part of...
29% of employees earning salaries better off than those self-employed – World Bank
The World Bank has said that 29% of Ghanaians who are into wage employment are better off than 69% who are into self-employment.The Bretton...
Chamber of Bulk Oil Distributors appoints Patrick Kwaku Ofori as CEO Â
The Ghana Chamber of Bulk Oil Distributors has announced the appointment of Dr. Patrick Kwaku Ofori as its new Chief Executive Officer (CEO), effective...
Keep E-levy to assure IMF you can repay loans – govt urged
An Associate Professor at Andrews University in the USA, Williams Kwasi Peprah, wants the government to maintain the Electronic Transaction Levy (E-Levy) since it...
Mobile money ‘cash-in’ grows by 64.5% to ¢164.80bn in 2021 – BoG
Total cash-in values of mobile money increased by 64.5% to ¢164.80 billion in 2021, from ¢100.17 billion in 2020.The Bank of Ghana’s Payment Systems...
Sri Lanka calls on Putin for help
Sri Lanka's president says he has asked Russia's Vladimir Putin to help his cash-strapped nation import fuel, as it faces its worst economic crisis...
Gas strike to prevent gas imports called off
Strikes which threatened to cut off most of the UK's gas imports from Norway have been called off.The Norwegian labour ministry confirmed it had...
Zimbabwe to tackle inflation with mint gold coins
Zimbabwe says it will introduce gold coins later this month as it tries to curb soaring inflation amid a slump in its currency.The country's...
E-Levy, Wage Bill, others high on agenda as IMF bailout negotiations kick-start
The highly anticipated meeting between government negotiators and officials of the International Monetary Fund (IMF) has commenced.The Fund’s officials are led by Mission Chief...
Pound fallen to a two year low against dollar
The pound has fallen to a two-year low against the dollar reflecting traders' increasing concerns about recession around the world as energy prices continue...
IMF bailout – E-levy will not be scrapped – Govt
The Finance Ministry has disclosed that government will not terminate the 1.5% levy on electronic transactions, despite its application to the International Monetary Fund...
Golden Tulip lease: Good news for workers
The Ghana Libyan-Arab Holding Company (GLAHCO) says no employee of Lancaster Hotel, formerly Golden Tulip Hotel, will lose his/her job and livelihood, following the...
Kelloggs to put a hold on sugary cereals promotion
Kellogg's will not be allowed to promote sugary cereals in supermarket special offers, a court has ruled.In-store promotions on food and drink high in...
IMF bailout: Publish the type of programme you opt for – Seth Tekper to govt
Former Finance Minister, Seth Terkper, has asked government to make public the exact economic programme Ghana is opting for, from the International Monetary Fund (IMF).Speaking...
IMF bailout: Officials expected in Ghana on July 6
A team from the International Monetary Fund (IMF) is expected to arrive in Ghana on Wednesday, July 6 to begin negotiations with government on...
IMF engagement: E-levy was the bait – Think Tank
The government’s decision to introduce the Electronic Transaction Tax, popularly known as E-levy, was to pave the way for it to seek a bailout...
NLA launches first-ever Sunday draw ‘Aseda’
The National Lottery Authority (NLA) yesterday, launched the seventh game of its popular 5/90 game.This is the first time in the 60 years of...
Food is expensive but there can never be food shortage – Agric Minister
Minister for Agriculture, Dr Owusu Afriyie Akoto, has admitted foodstuffs are currently expensive but is ruling out any imminent shortage of food in the...
IMF confirms receipt of Ghana’s request for economic support
The International Monetary Fund (IMF) has confirmed to have received a request from the Ghanaian government for economic support.According to a tweet from its...