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Govt considers takeover of NIB by ADB

Government is considering moves for ADB to take over the National Investment Bank (NIB).  Joy Business reports that this is part of measures to help...

Cedi expected to trade steadily this week; sells at ¢11.50 to a dollar

The Ghana cedi is expected to trade steadily this week as the Bank of Ghana intervenes in the market to cool off the pressure...

MTN Ghana’s durable competitive advantage to enrich long-term investors

Long-term investors (shareholders) of MTN Ghana are expected to significantly benefit from the durable competitive advantage of the telecommunication company. The company’s competitive advantage creates...

¢6.703bn Energy Sector Levies collected in 2022 – 2022 ESLA report

Actual Energy Sector Levies collected from January 2022 to December 2022 totalled ¢6.703 billion, the 2022 Annual Energy Sector Levy Act (ESLA) Report has...

Pig farmers announce increment in prices of pork

Pig farmers in Ghana have increased prices effective September 1, 2023. The cost of one kilogram of pork meat, previously priced at GH¢26, has now...

MoMo promotion to reward 100 customers weekly

MobileMoney Limited (MML) has launched a promo to reward customers for their loyalty and to promote digital payments via MoMo. For the next two months...

Garment and Textiles companies receive funds from YEA

The Youth Employment Agency (YEA) has disbursed funds for the newly launched “Youth in Garment and Textile Module”. The disbursement which was done yesterday, August...

GAWU reacts to phase II of PFJ

The General Agriculture Workers Union (GAWU) has criticized government’s second phase of the Planting for Food and Jobs (PFJ) programme. According to the General Secretary...

Gov’t achieves 95% participation rate in second round of DDEP

Government has achieved a 95% participation rate across its three latest debt exchange programmes. The Finance Ministry revealed that in the first program, which focused...

GRA closes shops, arrests managers within Awoshie-Ablekuma enclave [Video]

https://youtu.be/NDU0bwYvXGg The Ghana Revenue Authority (GRA) has arrested managers of some hardware and general merchandise shops in the Awoshie-Anyaa and Ablekuma enclave over non-compliance with...

Good news for YEA ‘Youth in Garment and Textile Module’ applicants

The management of the Youth Employment Agency (YEA) wishes to announce to all companies and beneficiary applicants that beginning Wednesday, 30 August 2023, it...

Fuel prices to remain unchanged for next two weeks – IES

Fuel prices will remain unchanged in the first two weeks of September 2023. According to a projection by the Institute for Energy Security, this is...

Admission World Consult wins big at Ghana Business Standard Awards

The 2023 edition of the Ghana Business Standard Awards was held last Friday at the Movenpick Ambassador Hotel in Accra. The awards ceremony was on...

MTN Ghana Foundation supports 140 businesses

MTN Ghana Foundation has shortlisted a total of 140 micro and small enterprises to benefit from MTN Ghana Foundation’s Enterprise Support Programme for the...

Oil prices to stabilise around $84 per barrel in 2023 – Fitch Solutions

Oil prices are expected to stabilise at around $84 per barrel for the rest of the year. According to Global Economist, Emerging Markets at Fitch...

BoG crisis: Dr Addison is incompetent, has lost the plot – Martin Kpebu

Private Legal practitioner Martin Kpebu, has thrown his support behind the Minority’s planned demonstration to demand the immediate resignation of Bank of Ghana (BoG)...

Some Ghanaians praise SSNIT for introducing self-employed pensions

A section of the public who are doing their personal businesses say, the Self-Employed social security initiative introduced by Social Security and National Insurance...

GRA takes tax enforcement drive to night market economy

The Preventive and Enforcement Unit of the Ghana Revenue Authority and the Ghana Police Service will be taking the tax enforcement drive to the...

BoG to go after financial institutions that fail to address customers’ complaints

The Bank of Ghana (BoG) says it will go after financial institutions that fail to address all forms of complaints and reported irregularities by...

IPPs confirm receipt of payment from ECG

The Independent Power Generators Ghana has confirmed receipt of payment from the Electricity Company of Ghana as part of the commitment made on June...

Scrap E-levy if it’s not generating enough revenue – Duffour

Former Finance Minister, Dr Kwabena Duffuor, has suggested that the Akufo-Addo government should scrap the Electronic Transfer Levy (E-Levy) if it is not generating...

We will honour all future payment obligations of new DDEP bonds – Finance Ministry

The Government of Ghana has reiterated its commitment to honour all future payment obligations, in accordance with the terms of the new arrangements. This is...

$2bn debt: ECG settles June, July payments to IPPs

Citi News has gathered that the Electricity Company of Ghana (ECG) has settled debts to all Independent Power Producers (IPPs) for the months of...

Economist proposes independent probe into BoG’s losses

A professor of Economics at the University of Ghana, Godfred Bokpin, has called for an independent body to examine and investigate the GH₵‎60 billion...

IES Ghana sends important message to PURC over tariffs increment

The Executive Director of the Institute of Energy Security (IES), Nana Amoasi VII, has said the Public Utilities and Regulatory Commission (PURC) cannot pick...

Govt to establish a neutral shared infrastructure company to deliver nationwide 4G, 5G services

Minister for Communication and Digitalisation, Ursula Owusu-Ekuful, has indicated that government has approved the establishment of a neutral shared infrastructure company to deliver nationwide...

Cedi to exhibit mixed performance against dollar this week

The Ghana cedi will continue to exhibit mixed performance this week against the major foreign currencies as renewed corporate demand surges. This is coming after...

What to know about new BoG Head Office [Full details]

The Bank of Ghana has defended its decision to move from its current location in the Central Business District of Accra to Ridge, citing...

5-year performance of GCB equity on the Ghana Stock Exchange

Investing in shares or stock or equity should be done with a long term view, this is because historically, the stock market outperforms all...

Full text: BoG Governor’s special press conference on 2022 loss and new Head Office

Good Morning Ladies and Gentlemen of the Media.  Welcome to this special press briefing, which has been necessitated by recent developments following the publication of...

It’s not just an ordinary building – BoG Governor justifies $250 office project

The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has justified the construction of a new office building for the bank reportedly...

GH¢60 billion loss will not negatively impact BoG’s operations – Governor

The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured that the bank’s operations will not be negatively affected as a...

Menzgold makes u-turn on GH¢650 verification card sale

Menzgold Ghana has announced the cancellation of a paid customer validation process in its efforts to facilitate the processing of payments for its aggrieved...

We are coming for you – GRA cautions businesses that are VAT non-compliant

The Ghana Revenue Authority (GRA) has reiterated its commitment to clamp down on businesses that use dubious means to evade taxes. According to the Authority,...

BoG denies procurement breaches in construction of new headquarters

The Bank of Ghana (BoG) has denied breaching the procurement laws in the construction of its new headquarters located at Ridge in the Greater...

GRA closes down shops, arrests managers for tax non-compliance 

The Ghana Revenue Authority (GRA) has arrested managers of some hardware and general merchandise shops in the Weija-Kasoa enclave in the Greater Accra and...

Vodafone cash subscribers to benefit from new partnership with Remitly

Vodafone Cash has announced a strategic partnership with Remitly Inc., a Seattle-based international money transfer company recognized on the Top 100 Cross-Border Payment Companies...

NPP applauds ECOWAS verdict; Agyapa Royalties deal legitimate

The New Patriotic Party (NPP) Communications Director, Mr Richard Ahiagbah, has emphatically asserted the innocence of the government following the ECOWAS Community Court of...

Mahama speaks on 10% tax on betting [Video]

Ex-President John Dramani Mahama has touched on the ruling New Patriotic Party (NPP) imposing a 10 per cent tax on betting (cash-outs) in Ghana....

Blossoming futures: The remarkable journey of the Ghana garden and flower show

In the bustling city of Accra, a seed was planted in the year 2013. A seed that would grow into a movement, a beacon...