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Bawumia upbeat about gold for oil deal following successful delivery of test shipment

Vice President Dr Mahamudu Bawumia has been explaining why Ghana is currently pursuing an IMF bailout and how to change the status quo. The gold...

MoMo transaction: Good news for Vodafone cash customers

A new directive by the Bank of Ghana (BoG) has introduced new mobile money transaction and wallet limits. Customers with daily transaction limits of ¢1,000,...

Govt blackmailing investors – Adongo 

Member of Parliament(MP) for Bolgatanga Central Constituency, Isaac Adongo, has accused government of blackmailing bondholders. He claimed that investors know they have to comply with...

Govt to borrow ¢2.42bn in T-bills

Government will borrow ¢2.42 billion in Treasury bills to refinance the upcoming maturities of ¢2.22 billion in this week’s T-bill auction. This is coming...

Five banks to collapse over debt exchange programme – Ato Forson

The Minority in Parliament says the ongoing debt exchange programme will not augur well for the banks in the country.  The opposition National Democratic Congress...

Oil for Gold deal sustainable – Bank of Ghana

The Bank of Ghana (BoG) has calmed the fears of Ghanaians over government’s ability to provide enough gold for its Gold for Oil policy.  The...

Pension bondholders to picket at Finance Ministry

The Pensioner Bondholders Forum has threatened to picket at the Ministry of Finance on January 23, 2023, if government fails to exempt them from...

NCA approves sale of Vodafone Ghana to Telecel

The National Communications Authority (NCA) says it has granted conditional approval for the transfer of 70 percent of government’s shares in Ghana Telecommunications Company...

PURC increases electricity and water tariffs; check out details

The Public Utilities and Regulatory Commission has increased electricity and water tariffs by 29.96% and 8.3% respectively. The new rates take effect from February 1,...

Minority calls for immediate suspension of Debt Exchange Programme

The Minority in Parliament has called for the immediate suspension of the government's Domestic Debt Exchange (DDE) Programme. To the Caucus, the programme has...

NAM 1’s latest response to Menzgold customer who requested for locked up funds

The Chief Executive Officer of the defunct Menzgold gold-trading firm, Nana Appiah Mensah, has urged customers who have their investment folded to be patient...

NLA strikes again, goes after illegal lotto operators

The National Lottery Authority (NLA) will in the coming days revoke the licenses of Private Lotto Operators who have not yet regularized their operations...

Individual bondholders threaten demo over Debt Exchange Programme

The Ghana Individual Bondholders Forum says they will organise a demonstration against the government if it goes ahead and include investments in the ongoing...

GRA exceeds 2022 revenue target

The Ghana Revenue Authority (GRA) ended 2022, exceeding its tax collection target for the year. The Commissioner-General of the GRA, Rev. Dr Ammishaddai Owusu-Amoah, disclosed...

NLA chases illegal lotto operators

The National Lottery Authority (NLA) will in the coming days revoke the licenses of private lotto operators who have not yet regularised their operations...

Fuel prices to go up

Barring any government intervention, fuel prices will go up between 5% and 9% per litre from January 16, 2023 at the pumps. This will be...

Debt Exchange: Rev. Sam Korankye Ankrah prays for individual bondholders

Government’s invitation to bondholders to sign onto the debt exchange programme expires today, January 16, 2023. Stakeholders including some economists continue to urge government to...

I cannot bear to watch the indignities being visited on my former employees – Nduom

The Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has alleged that the National Pensions Regulatory Authority (NPRA) is treating his former employees unfairly....

Cedi loses 5.01% value to dollar since January 1, 2023

The Ghana cedi has lost about 5.01% value to the US dollar on the forex or retail market since January 1, 2023. The cedi registered...

Alan Kyerematen inaugurates Automotive Industry Development Council

Former Minister for Trade and Industry, Alan Kyeremanten, has inaugurated the Automotive Industry Development Council. The 35-member council was drawn from various government and private...

From sale of pen drives, braziers to pizza and chicken; Meet the faces behind Chickenman and Pizzaman

They started and conceived their business ideas on the Kwame Nkrumah University of Science and Technology (KNUST) campus during their school days. From sale of...

List: NPA revokes licenses of 30 OMCs

The National Petroleum Authority (NPA) has revoked the licenses of 30 Oil Marketing Companies (OMCs) for non-compliance with the rules and regulations of the...

IMF deal to be reached in February – Akufo-Addo

President Nana Akufo-Addo has said that the country is hopeful to get an International Monetary Fund (IMF) deal latest in February. According to him, the...

There will be more pressure on cedi if … – World Bank warns

The World Bank has warned that the Ghana cedi may continue to come under pressure in 2023 against the U.S dollar. This, the World Bank...

Ghana Gas saves $207m after replacing Chinese engineers with Ghanaians – MD

The Ghana National Gas Company (GNGC) has saved $207 million as cost of operations since March 2017 when Ghanaian engineers and technicians took over...

Gold for Oil deal recipe for disaster – John Jinapor

Ranking Member on Energy Committee in Parliament, John Jinapor, has asked the government to tread cautiously with its “Gold for Oil” policy.  Mr Jinapor says...

Ghanaians react to 1% e-levy rate

Ghanaians who are unimpressed with the reviewed e-levy rate have voiced out their frustration on social media. Since the introduction of the E-Levy in...

I don’t see what Alan will do differently – GAWU General Secretary

General Secretary of the General Agricultural Workers’ Union (GAWU), Edward Kareweh, has cast doubts on the effectiveness of Alan John Kyerematen’s policies in his...

Beige Bank case: Court to conclude Case Management Conference today

Founder and CEO of the defunct Beige Bank, Michael Nyinaku, is expected back in court today, January 11, 2023, as the court is set...

1% E-levy implementation starts today

The implementation of the revised Electronic Transfer levy (E-Levy) rate of 1% kicks off today, Wednesday, January 11. The Ghana Chamber of Telecommunications has announced...

Agric Minister Dr Owusu Afriyie Akoto resigns

The Minister for Food and Agriculture, Dr Owusu Afriyie Akoto has resigned. He tendered his resignation to President Akufo-Addo a while ago. This comes four days after...

Cedi depreciates marginally to sell at ¢12 to a dollar

The Ghana cedi is now selling at ¢12 to the US dollar in the retail or forex market, following days of sustained stability. This is...

More businesses will collapse this year – McDan

Ghanaian business magnate, Daniel McKorley, popularly known as McDan, says more Ghanaian businesses will collapse this year. According to the entrepreneur, this is due to...

First consignment of affordable fuel to arrive next week

Petroleum consumers eagerly awaiting the arrival of affordable fuel from the United Arab Emirates would have to wait a bit longer. Despite assurances by the...

Harmattan: Traders cry over limited supply of shea butter

The demand for shea butter is on the increase on the Kumasi market, mainly driven by the harmattan season. Traders, however, say they are unable...

Some politicians to blame for cedi woes – kofi Amoabeng

Former Chief Executive Officer of defunct UT Bank, Prince Kofi Amoabeng, has taken a swipe at some Ghanaian politicians for contributing to the woes...

GUTA saddened by Alan Kyerematen’s resignation

Ghana Union of Traders Association (GUTA) has commended the former Trades and Industry Minister, Alan Kyerematen for the impact he had in the Ministry. Describing...

Databank to reopen offices today

Fund management company Databank will reopen its independent branches on January 10, 2022 - the first time since December 22, 2022, following a shutdown...

Cedi losing stability against the dollar

The Ghana cedi is losing it's appreciation against the dollar months after recording relative stability in the retail market. The cedi in the last few...

Life coach shares some tips for a successful New Year

As individuals, we enter every New Year with different goals, positive mindsets or just hope the year brings good luck, progress and success in...