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Government introduces Digital Transport Fee on ride hailing apps

Government through the Driver and Vehicle Licensing Authority (DVLA) has begun the implementation of the Digital Transport Fee on all rides as tax. Customers would...

Cedi weakens by 20% to dollar so far in 2023 – World Bank

The World Bank says the Ghana cedi has weakened by 20% to the dollar so far in 2023. In its April 2023 Africa Pulse Report,...

Wingimall is live in Ghana

Wingimall, the newest and most dynamic e-commerce platform, officially launches today in Ghana. With the slogan "Abundance of Choice" and an elephant as a symbol...

Businesses risk collapse over new tax bills – Tax analyst [Audio]

JoyNews/AdomNews · Businesses risk collapse over new tax bills The Lead Tax and Regulatory Partner at Deloitte- Ghana, George Ankomah has said the three new...

Traders Advocacy Group reacts to new taxes

President of Traders Advocacy Group Ghana (TAGG), David Kwadwo Amoateng has expressed his displeasure about the passage of the three new taxes. He explained that,...

Cedi continues strong performance; $1 now ¢10.80

The Ghana cedi continued its strong run against the US dollar today, April 4, 2023, as it sold below ¢11. Checks by Joy Business at...

Kumasi: Tomato prices shoot up; importers blame Boko Haram, high CFA exchange rate

Prices of tomatoes on local markets in Kumasi have seen astronomical increases in recent times. A box of tomatoes sold at 600 cedis earlier this...

Oil powers announce surprise cuts of more than 1 million barrels per day

Major oil powers led by Saudi Arabia have announced a surprise production cut of more than one million barrels per day on Sunday, April...

Cedi starts week on strong note; $1 now ¢11.50

The Ghana cedi started this week on another strong note against the US dollar. Checks by Joy Business at some forex bureaus indicate that the...

Joana Gyan Foundation launches the ‘Big Push Mpuntuo Fund’ to support Amenfi Central

The Joana Gyan Foundation in collaboration with the Mpuntuo Hemaa of Wassa Agona Amenfi, Joana Gyan Cudjoe launched the ‘Amenfi Central Big Push Mpuntuo’...

Importers and Exporters Association vow to block new taxes [Audio]

JoyNews/AdomNews · Importers And Exporters Association Vow To Block New Taxes The Importers and Exporters Association of Ghana (IEAG) have vowed to resist the three...

GUTA reacts to Parliament’s passage of new taxes

President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Kweku Obeng has described the passage of the three new taxes by Parliament...

Fuel prices fall; Goil, Star sell at ¢12.65, ¢11.69 per litre

Some Oil Marketing Companies (OMCs) have begun reviewing prices of petroleum products downwards at the pumps from today. The expected price reduction should have commenced...

Bui Sugar Limited to employ over 6,000 people

The facility, which is expected to begin full production by the end of 2024 is being done through an equity agreement between Bui Sugar...

Fury as Russian becomes UN Security Council President

Russia has taken the presidency of the UN Security Council despite Ukraine urging members to block the move. Each of the council's 15 members takes...

Lesley Arthur appointed to UN Global Compact Network Ghana Board

The Chief Executive Officer (CEO) of Cubica Energy, Lesley Arthur has been appointed a member of the UN Global Compact Network Ghana Board. Lesley...

We will resume picketing if… – Pensioner bondholders warn

Pensioners Bondholders exempted from the government’s Domestic Debt Exchange Programme (DDEP) have given the government a two-week ultimatum to pay coupon rates on matured...

BoG reacts to alleged ¢500 coin

The Bank of Ghana (BoG) has debunked reports of issuing ¢500 coin, insisting it has no immediate plans of issuing higher denomination for circulation. There...

Bank of Ghana warns against cedi bouquets, hampers

The Bank of Ghana has warned the general public to stop using cedi banknotes as bouquets and hampers when gifting people. It said the currency...

JP Oil partners German Automotive Technologies to sensitise public on importance of using quality fuel

JP Trustees, one of Ghana’s leading retailer of quality fuel and their additive partner, German Automotive Technologies manufacturer of additives have organized a symposium...

Fuel prices to fall from this date…

Fuel prices will fall between 2% and 9% for the third consecutive time from April 1, 2023 with Liquefied Petroleum Gas (LPG) expected to...

Don’t pass three new ‘killer’ taxes – GUTA appeals to Parliament

President of the Ghana Union of Traders Association (GUTA), Dr Joseph Kweku Obeng, has expressed his displeasure about the three new taxes before parliament...

Cedi starts week on strong note; $1 now ¢12.25

The Ghana cedi started this week on a strong note gaining some grounds against the US dollar in the retail or forex market. The local...

IMF talks: Kamala Harris sends important message to Ghana’s foreign creditors

US Vice President, Kamala Harris, has entreated Ghana’s foreign creditors to help the country meet its debt servicing obligation. Madam Harris believes this will enable...

China commits to help Ghana revive economy

The Chinese government has given a strong indication that it is willing to help Ghana secure the balance of payments bailout from the International...

Mobile Money transactions hit ¢264.1 bn in only 2 months

The total value of Mobile Money transactions in the first two months of 2023 hit ¢264.1 billion, about 72.6% growth year-on-year. This significant growth shows...

There will be no job cuts after merger – Gold Fields, AngloGold assure

Mining firms, Gold Fields and AngloGold Ashanti, have ruled out job cuts despite plans to embark on a joint venture on their Tarkwa and...

Cedi depreciates by 22.1% in March 2023 – BoG

The Bank of Ghana (BoG) has put the depreciation of the cedi to the dollar at 22.1% as of March 2023. In its latest Summary...

International Women’s Day: High-level dialogue calls for more women-owned technology businesses

Participants at a one-of-a-kind International Women's Day (IWD) gathering of distinguished women and men leaders have called for bolder interventions to increase women’s business...

Ken Ofori-Atta sends good news from China

The Finance Minister, Ken Ofori-Atta, has stated that Ghana is making progress towards securing a debt restructuring deal with China. In a tweet on social...

Cedi improves in value against dollar; $1 now ¢12.40

The Ghana cedi continued its strongest performance against the dollar in recent weeks, as the local currency improved in value against the American today,...

Kwesi Pratt blames Kejetia management over fire outbreak

Managing editor of the Insight Newspaper, Kwesi Pratt Jnr., has blamed the management of the Kejetia Central market for the recent fire outbreak. According to...

Debt restructuring: Ken Ofori-Atta leads delegation to China today

Finance Minister, Ken Ofori-Atta is today (23rd, March, 2023) leading government’s delegation to engage a Chinese government team on Ghana’s debt restructuring programme. The engagements...

Vodafone, MobileMoney Limited partner to enable merchant interoperability

Vodafone Ghana Mobile Financial Services Limited (Vodafone Cash) and MobileMoney Limited (MML) have enabled interoperability services that allow MTN Mobile Money and Vodafone Cash...

Fitch upgrades Ghana’s rating to ‘CCC’

International ratings agency, FitchRatings, has upgraded Ghana’s Long-Term (LT) Local-Currency (LC) Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’. The upgrade of the ratings on...

Why second-hand appliances should not be banned – GUTA

President of Ghana Union Traders Association (GUTA), Dr Joseph Oteng, says the Energy Commission has gone contrary to the initial understanding with his group. According...

Cedi may record mixed performance to dollar this week

The Ghana cedi may record mixed performance against the US dollar this week. This will be similar to what transpired last week as the local...

Ken Ofori-Atta leaves for China for debt restructuring negotiations

Finance Minister, Ken Ofori-Atta, has left Accra for China to have negotiations on debt restructuring with officials of that country.  Sources say the Finance Minister...

GRA monitoring team recovers ¢85m revenue shortfall

The Ghana Revenue Authority (GRA) monitoring team has recovered more than ¢85 million revenue shortfall from businesses for the state within the first five...

Kwasi Twum: Lowdown on man behind Multimedia Group Limited

On the 20th day of the Adom brands of the Multimedia Group Limited’s celebration of outstanding Ghanaian personalities, we celebrate the Chief Executive Officer...