Freedom Coin owner sends important message to BoG
Real estate developer and businessman, Nana Kwame Bediako, has called on the Central Bank to prioritise the woes of Ghana’s falling currency above upcoming...
Bird flu: Govt releases GH¢20.1m to compensate farmers
The government has released GH¢20.1 million to the Ministry of Food and Agriculture (MoFA) to pay compensation to farmers whose birds were affected by...
IWD: Top 5 women in the Ghanaian tech/e-commerce space
March 8 all over the world is celebrated as International Women’s Day (IWD) and this year has been no exception.From event celebrations to...
Pig farms at Tepa hit by swine flu
A total of 575 pigs are reported to have been affected by the African Swine Flu in the Tepa Municipality of the Ashanti Region.Pig...
Inflation hits 15.7%; prices of food items on the rise
Inflation shot up to 15.7% in February 2022, as a result of significant jump in food prices, the Ghana Statistical Service has disclosed in...
BoG warns public about ‘Freedom coin’ cryptocurrency
The Bank of Ghana (BoG) has cautioned the public about an impending launch of a cryptocurrency named "Freedom Coin" in Ghana."It has come to...
Asamoah Gyan mobbed at Dubai Expo [Video]
Former Black Stars skipper, Asamoah Gyan, was mobbed by some Ghanaian workers as he made his entry to the Ghana Pavilion Tuesday at the...
BoG warns public over unlicensed, fraudulent ‘BitCash currency exchange’
The Bank of Ghana (BoG) has cautioned Ghanaians against the activities of “BitCash Currency Exchange”.A statement from the Bank of Ghana said they "wish...
World Bank projects harsher times for Ghana’s economy
The World Bank has projected harsher times for Ghana’s economy.This comes as the exchange rate continues to rise amidst inflation and increasing cost of...
Cement prices to hit ¢55 per 50 kilo bag from next week
The price for a 50-kilo bag of cement is expected will be increased from the current ¢45 Ghana cedis to ¢55 per bag from...
Ghana in economic distress – Prof. Kwesi Botchwey
Former Finance Minister, Prof. Kwesi Botchwey, has painted a gloomy image of Ghana’s economy describing it as one that is suffering grave distress.Prof Botchwey...
Prof. Kwesi Botchwey proposes 4 solutions for Ghana’s economy
A former Minister of Finance, Prof. Kwesi Botchwey, has proposed a number of solutions for Ghana's current economy.Delivering a public lecture on the theme,...
Crude oil price hits $130
The price of Brent crude surged more than 10% and is closing on an all-time high after the risk of a US and European...
LPG now a luxury product
Vice President of the Liquefied Petroleum Gas (LPG) Marketers Association, Gabriel Kumi, has stated that with the rate at which prices of LPG has...
Cost of imported vehicles to go up this month – Automobile dealers
The Automobile Dealers Union of Ghana has indicated that the cost of imported used vehicles are likely to increase from this month onwards as a result...
3Music video workshop trainees visit HD+ office
Ten participants of the SES HD Plus and 3Music Film Industry Development Project have toured the offices of HD+ at Roman Ridge in Accra.The...
MTN to invest ¢1.5bn in Infrastructure and Network Systems In 2022
MTN Ghana is on track to fulfill its planned spending of $1.5 billion on Network Infrastructure and Information Systems (NIIS) by 2025.This planned expenditure...
Reduction in benchmark value will affect cement Price – COCMAG
The Chamber of Cement Manufacturers, Ghana (COCMAG) has vehemently protested the reduction in benchmark value from 50% to 30% by Government saying it will...
Oil price hits 7-year high; now $113 per barrel
Crude oil prices climbed back to a seven-year high on Wednesday, March 2, exposing the economy to significant shocks of further price increases at...
Price of LPG goes up by 5%
JoyNews/AdomNews · Our business are suffering due to sharp decline in consumption of LPG - Gabriel KumiLiquefied Petroleum Gas (LPG) price will experience a...
Fuel price to hit GH¢9.00 per liter before end of March – COPEC
The Chamber of Petroleum Consumers Ghana, (COPEC), has predicted fuel will hit GH¢9.00 per litre by the close of March this year.The hike, it...
Govt to augment Metro Mass Transit with 600 buses
The government is to augment the Metro Mass Transit Limited (MMTL) fleet with 600 buses.The Minister of Transport, Mr Kwaku Ofori Asiamah, said the...
Inject more dollars into economy – BoG urged
The Bank of Ghana (BoG) has been urged in the short term to inject more dollars into the economy to address the depreciating cedi.According...
Ghana Cedi not depreciating; it’s US dollar appreciating rather – Banker
A chartered banker has discounted reports that the Ghana cedi is now the worst-performing currency in Africa.Eric Nii Boi Quartey said it is rather...
E-Levy is in Ghana’s interest – Akufo-Addo
President Akufo-Addo says it is in the public interest that the proposed Electronic Transaction Levy (E-Levy) be enacted into law to improve the country’s...
Prices of petroleum products to go up by 6%
Prices of petroleum products may go up by about 6%, beginning March 1st, 2022, if government fails to intervene in the rising price of...
Cedi now worst African currency
The Ghana cedi is now the worst-performing currency on the African continent, just two months into 2022.This is because it has depreciated by about...
6th edition of ‘MTN Heroes of Change’ to reward COVID-19 change agents
Telecommunications giant, MTN Ghana, has launched the 6th edition of its annual ‘MTN Heroes of Change’.This year's event is also the 25th anniversary edition...
Russia’s richest 22 billionaires have lost $39 billion in one day after the invasion of Ukraine
Russia's 22 richest individuals saw their net worths plunge by a collective $39 billion in less than 24 hours after their country invaded Ukraine, according...
Oil rises above $100 a barrel for the first time since 2014
Brent crude oil topped $103 a barrel, European stocks fell sharply and shares in Moscow dropped 45 per cent after Russia’s President Vladimir Putin...
Komenda Sugar Factory acquires 20,000 acres for plantation
Negotiations are almost complete to enable the Board of Directors of the Komenda Sugar Factory to acquire 20,000 acres of land suitable for growing...
GTP workers demonstrate, want new MD removed
Workers of GTP are demonstrating for the removal of their new Managing Director (MD), Fatoumata Doro.Clad in red, the agitated workers hoisted placards and...
Komenda Sugar Factory to begin production in April
The Komenda Sugar Factory is set to bounce back in April this year.President Akufo-Addo gave the assurance when the chiefs and elders of Komenda...
55% of MASLOC loans unpaid – CEO
The Microfinance and Small Loans Centre (MASLOC), has been able to recover only 45% percent of loans disbursed nationwide.This was disclosed by the Chief...
Cost of repairing mobile phones, accessories goes up
The cost of mobile phone repairs and prices of accessories have shot up in Kumasi.Dealers in phone accessories say high import charges and the...
Coffin makers ordered to obtain permit
The Environment Protection Agency (EPA) has directed casket makers along the Mortuary Road, near the Korle Bu Teaching Hospital in Accra, to obtain permits...
Govt holds 4th town hall meeting on E-levy in Wa
Government, through the Information Ministry, will today hold another town hall meeting to discuss the controversial Electronic Transaction Levy (E-levy).The 4th meeting will take place...
All set for the Ghana Cares Chocolatarium Business Summit
The much-awaited summit on the business of Chocolate dubbed 'The Chocolatarium Business Summit’ comes off on Monday 21st February 2022 at the Kempinski Gold...
GPRTU to increase fares effective February 26
The Ghana Private Road Transport Union (GPRTU) has announced that commuters should expect an increment in transport fares from Saturday, February 26.Speaking in an...
Cedi crosses ¢7 to one dollar mark less than two months into 2022
The local currency has crossed the ¢7 to one dollar mark on the retail market with less than two months into 2022.Joy Business checks...