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Inflation drop: We are restoring macroeconomic stability – Ofori-Atta

Finance Minister, Ken Ofori-Atta has attributed the consistent decline in inflation to government’s dedicated efforts in restoring macroeconomic stability. Inflation has dropped for the fourth...

GNBCC hosts Women in Business Program

The Ghana Netherlands Business and Culture Council (GNBCC) is an organization that facilitates and supports business cooperation between Ghana and Netherlands. In partnership with...

Ghana’s average inflation to hover around 18% in 2024 – BoG

Ghana’s average inflation for 2024 is expected to hover around 18%, Fitch Solutions has revealed in its Sub-Saharan Africa Macro Key Themes for 2024....

We have invested heavily in technology to correct weaknesses among banks – Governor

The Governor of the Bank of Ghana, Dr. Ernest Addison, has pointed out that his outfit has invested heavily in technology to correct some...

GRA summons companies over VAT breaches

A swoop by the Ghana Revenue Authority (GRA) Accra South Compliance and Enforcement Team and the police has led to the arrest of a...

Lithium deal: Until Parliament ratifies your agreement it’s null and void – Yaw Oppong to Barari DV

The Director of the Ghana School of Law (GSL), Yaw Oppong, has cautioned the Australian company Barari DV over the Lithium deal recently signed...

Why 2021 Best Fish Farmer is yet to receive his house

The Minister for Fisheries and Aquaculture Development, Mavis Hawa Koomson, has explained why the 2-bedroom house to be built for the 2021 Best Fish...

Government does not owe BDCs – Hawa Koomson

The Minister of Fisheries and Aquaculture Development, Mavis Hawa Koomson, has said the government has cleared all outstanding debts owed Bulk Distribution Companies (BDCs). According...

Inflation drops to 26.4%; dog meat, already-made clothing and 9 other products record rates above 50%

Ghana’s year-on-year inflation dropped significantly to 26.4% in November resulting in four months of consecutive decline since August 2023.   This decline resulted in the...

External Debt Restructuring: China will always negotiate hard; Ghana must accept it – Dr. Theo Acheampong

Political Risk Analyst and Economist, Dr. Theo Acheampong, has stated that it is time for government to concede and accept some terms proposed by...

K.T Hammond justifies tax exemptions to 1D1F companies

The Trade and Industry Minister, Kobina Tahir Hammond is fighting back accusations that the government is bringing to Parliament too many tax waivers running...

BoG cautions public against schemes that advertise sophisticated products

The Bank of Ghana has cautioned consumers against schemes that advertise sophisticated products to the general public that are not easily understood. According to the...

More employers hiring from social media – Report

A new report published by the Chartered Institute of Human Resource Management and auditing firm, KPMG Ghana has shown a shift in the ways...

Renowned CEO exonerated in tax evasion case

The Chief Executive Officer (CEO) of K-Ofori Limited and Kwadwo Boachie Enterprise, has been exonerated of any wrongdoing in a suspected tax evasion and...

I am not a thief; LI to restrict imports is not for my benefit – KT Hammond to critics

Trade and Industry Minister, K.T Hammond has taken a swipe at critics against the Legislative Instruments (LIs) to restrict the importation of some selected...

KGL technology recognized as the leading ICT company at the 20th Ghana club awards

In a resounding recognition of its relentless commitment to innovation and excellence, KGL Technology emerged as the 1st Ranked Company in the Information Communication...

TAAG applauds appointment of Kwesi Baffour as new CEO of Ghana Shippers Authority

The Traders Advocacy Association of Ghana (TAAG) has congratulated Kwesi Baffour, the newly appointed Chief Executive Officer of the Ghana Shippers Authority. The Association...

Government to spend ¢55.93bn as interest payment in 2024 – IFS

The government is expected to spend ¢55.93 billion in 2024 as interest payment, about 5.3% of Gross Domestic Product (GDP), the Institute of Fiscal...

Gov’t has no plans of selling its 30% shares in Vodafone – Ursula

The Government of Ghana has no plans of selling its 30 per cent shareholding in Ghana Telecommunications Company Limited (Vodafone Ghana), Ursula Owusu-Ekuful, the...

MTN Ghana and GrowForMe unite forces to transform agriculture landscape for farmers

Mobile telecommunications giant, MTN Ghana, has partnered with GrowForMe, a leading agricultural technology company that provides input and commodity financing, aggregation and a trading...

Bawumia’s attempt to save Aluworks fails as situation further degenerates 

The attempt by the Vice President, Dr Mahamudu Bawumia to save Aluworks PLC from collapse has failed as the company’s shutdown has entered the...

NPA to label fuel pumps based on octane grades

Head of Quality Control at the National Petroleum Authority (NPA), Ubeidalah Saeed, says the Authority has sanctioned the labeling of pumps for petrol based...

New restriction on MoMo transaction could derail digitisation of MSMEs – ISSER

The Institute of Statistics, Social, and Economic Research has indicated that the new restriction on mobile money (MOMO) transactions could derail the digitization of...

Few days to Yuletide: Christmas euphoria yet to pick up

The high cost of items and the low disposable incomes, have combined to dim the usual euphoria ahead of Christmas and other end-of-year festivities...

ECG makes part payment to Sunon Asogli

The Electricity Company of Ghana (ECG) has paid $30 million out of the $60 million debt owed Independent power producer, Sunon Asogli Power Limited....

Parliament approves $150m from World Bank

Parliament has approved a loan agreement of $150 million from the International Development Association of the World Bank for the West Africa Coastal Areas...

Beyond the Bowl: Ghana’s poultry demand vs local production

Imagine a Ghanaian celebration without the unmistakable aroma of perfectly seasoned poultry wafting through the air – a scenario as unthinkable as a sorrowful...

Benonita Bismarck retires from Ghana Shippers’ Authority

After a distinguished tenure as the Chief Executive Officer of the Ghana Shippers’ Authority (GSA), spanning a remarkable seven-year period from June 2017 to...

Newage Agric Solutions begins journey to create 145,000 jobs through the HAPPY Project

Today, Newage Agric Solutions Limited begins a journey to create 145,000 dignified jobs for youth, women and persons with disability, with women constituting 70%...

24-hour economy: We need a detailed implementation plan – Dr Quartey

The Director of the Institute of Statistical, Social, and Economic Research (ISSER), Dr. Peter Quartey, has expressed optimism that former President John Mahama's 24-hour...

Fraud, taxes, unstable network: bane to electronic transaction

There have been several efforts by the Ghana government to expand mobile money transactions nationwide.  Taxes, fraud and unstable networks have however, discouraged people from...

GUTA reacts to suspension of import restriction bill

The Ghana Union of Traders Association (GUTA) has welcomed the government's decision to suspend the Export and Import Regulations 2023 Bill. The President of...

Ghana spent $2.6bn to import 14 products including wigs, brooms and palm oil in 2021

Ghana’s import bill on 14 items reached approximately $2.6 billion in 2021. These items include fake hair (wigs), rice, brooms, use clothing, brooms and...

We are hopeful Ghana, Official Creditor Committee can reach agreement soon – IMF

The International Monetary Fund (IMF) has expressed optimism that the Ghana government and the Official Creditor Committee would be reached soon so that the...

GRA denies accessing a $75 million loan

The Ghana Revenue Authority (GRA) management has refuted claims made by Bolgatanga Central MP Isaac Adongo that it has accessed a $75-million loan from...

List of 10 African countries with highest debt to the IMF; Ghana is 7th

The International Monetary Fund (IMF) is a key player in global finance, offering monetary assistance to governments suffering economic difficulties. However, these loans from...

Gov’t suspends controversial import restriction L.I

JoyNews can confirm that Government of Ghana is suspending the laying of the controversial Legislative Instrument seeking to restrict the importation of at least...

Farmers in Upper East decry low market for paddy rice

Farmers in the Upper East Region have decried the poor market for paddy rice after this year’s harvest and the challenges they are facing...

Debt exchange has weakened confidence in financial sector – Prof. Peprah

Associate Professor at Andrews University, William Peprah, has noted a decline in confidence within Ghana's financial sector since the inception of the Domestic Debt...

Import restriction bill: Akufo-Addo, Bawumia want to bring back ‘kalabule’ – NDC

The National Democratic Congress (NDC) is accusing President Akufo-Addo and his Vice, Dr Mahamudu Bawumia, of attempting to bring back 'kalabule' (cleaver bully, conditional...