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IMF engages international creditors on cancellation of Ghana’s debt

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has disclosed that the Fund is engaging some international creditors for a possible...

MoMo transaction limits increased to enhance customer experience

MTN MoMo has implemented the Bank of Ghana (BoG) approved an increase in daily and monthly transaction limits as well as maximum wallet balances. The...

CID preparing docket to prosecute VAT offenders

The Ghana Revenue Authority (GRA) has announced that the Criminal Investigations Department (CID) of the Ghana Police Service is currently preparing the docket to...

We experienced no growth in 2022 – AGI CEO

Chief Executive Officer of the Association of Ghana Industries, Seth Twum Akwaboah, has revealed that the past year was tough for Ghanaian industry operators. According...

Ato Forson gives 10-point doom predictions on Ghana’s economy

A ranking member of Parliament’s Finance Committee, Dr Cassiel Ato Forson, has predicted that the economy will not smile at Ghanaians in the coming...

Ghana being pushed out of competition in sub-region – GUTA

The President of Ghana Union of Traders Association (GUTA), Dr Joseph Obeng has disclosed that the high cost of doing business in Ghana has...

2022 wasn’t good trading year as we lost majority of capital – GUTA Prez

The President of Ghana Union Traders Association (GUTA), Dr Joseph Obeng has disclosed that most members lost 55% to 60% of their capital as...

IMF chief warns of ‘tough year’ for global economy

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economy faces “a tough year, tougher than the...

Finance Minister lauds Jospong Group for investment in rice sector

Finance Minister, Ken Ofori-Atta has lauded the decision by Jospong Group of Companies’ (JGC) to invest in Ghana's rice sector. This, he stated is a...

Thailand Consul assures Ghana of support for large scale rice production

The Honorary Consul of Ghana in Thailand, Dr Sicha Singsomboon, has given a firm assurance that her country was ready to support Ghana in...

GUTA seeks advice from GHS as China prepares to lift travel ban

The Ghana Union of Traders Association (GUTA) has called on the Ghana Health Service (GHS) to evaluate the COVID-19 situation in China and advise...

Retract, apology to Okobeng Mine CEO: Lawyers demands from 2 newspapers

The Chief Executive Officer of Okoben Mining Company, Nana Okoben Amponsah, through his lawyers, Gaisie Zwennees Hughes & Co in Takoradi, has written a...

Petrol ‘likely’ to sell at single digit by Monday – Analysts

For the first time in 12 months, petrol is likely to sell at a single digit rate at the local pumps in the first...

GRA reverses discount on import values of general goods, vehicles effective January 1, 2023 

The Ghana Revenue Authority (GRA) has announced a complete reversal of the discount on import values of general goods and Home Delivery Value (HDV)...

Cedi records relative stability; going for ¢11.50 to a dollar in retail market

The Ghana cedi has recorded relative stability to the dollar and all the other major currencies this yuletide period. The local currency is hovering around...

Fuel prices to go down significantly from January 1, 2023

Prices of petroleum products will go down significantly beginning this Sunday, January 1, 2023, the Institute for Energy Security (IES) has predicted. This follows an...

Cedi to depreciate by about 22% in 2023 – EIU

UK based Economist Intelligence Unit (EIU)is predicting about 22% depreciation of the cedi to the dollar in 2023. This will rank the local currency as...

aYo pays GHS20,000 medical bills for 13 new mothers at KATH

aYo Intermediaries Ghana, the award-winning mobile insurance wing of MTN Ghana has put smiles on the faces of some 13 new mothers at the...

MTN Ghana awards MoMo Agent and Merchants

Top performing mobile money agents and merchants have been awarded at the 2022 edition of the MTN Ghana Mobile Money Agents and Merchants awards...

Interest rates continue falling spree

Interest rates continued to fall on the treasury market as it went down marginally for the third week running. According to the latest auction of...

Govt includes individual bondholders in domestic debt exchange

Individual bondholders have now been included in the Domestic Debt Exchange as the Government of Ghana has announced the further extension of the expiration...

GRA shuts down Regal Chinese Restaurant at Osu [Photos]

The Ghana Revenue Authority (GRA) has closed down the Regal Chinese Restaurant at Osu, Accra. The development was as a result of non-compliance with its...

Spio-Garbrah calls for regulation to check high prices of goods

A former Minister of Trade and Industry, Dr Ekwow Spio-Garbrah, is calling for the introduction of price control institutions to regulate the pricing of...

Fitch to downgrade Ghana to very deeper junk status; Ghana’s Issuer Default Rating now ‘C’

Rating agency, Fitch, has given an indication of a further downgrade of Ghana’s credit rating to very deeper junk status. This is coming after it...

All you need to know as BoG increases mobile money transaction limit

The Bank of Ghana (BoG) has increased mobile money transaction and wallet limits. The Bank in a statement issued on December 22, 2022, noted the...

Accra: Traders take over bus stops [Photos]

What is the function of a bus shelter? Call it a bus stop if you may, but the Oxford Advanced Learner’s Dictionary says it is...

Parliament slashes budgetary allocation to Office of Government Machinery by ¢17m

Parliament has cut ¢17 million from the original allocation made to the Office of Government Machinery for 2023. This was after the House agreed on...

MASLOC trial: Court sends fresh message to Alex Mould

The High Court in Accra has given a 26-day grace period to former Chief Executive Officer (CEO) of Ghana National Petroleum Corporation, (GNPC), Alex...

Databank customers threaten to burn down company

Some disgruntled clients of Databank have threatened to attack the company for failing to honour withdrawal requests. Chief Executive Officer of the firm, Kojo Addae-Mensah,...

E-levy rate reviewed to 1%; GH¢100 daily threshold maintained

The Minority in Parliament has succeeded in ensuring that government maintains the GH¢100 Mobile Money threshold. Parliament also approved the reduction of the Electronic Transfer...

Victory at last: Pension Funds exempted from Debt Exchange Programme

Government has announced an exemption of all pension funds from the Debt Exchange Programme. This follows a meeting between Organised Labour, Ministry of Employment and...

GOIL sends strong message to fraudsters

GOIL PLC has cautioned fraudsters against the use of the company’s name to defraud unsuspecting persons.  This comes on the back of fake promotions...

Economy slows down in quarter 3, 2022; GDP expands by 2.9% – GSS

Ghana’s economy grew at the slowest pace in two years in the third quarter of 2021, data from the Ghana Statistical Service (GSS) has...

GRA apprehends 9 retail shops at Achimota Mall

Some nine retail shops operating in the Achimota Mall have been apprehended by the Ghana Revenue Authority (GRA) for non-registration and non-issuance of Value...

Data Bank shuts down office due to attacks and threats

Investment and fund management firm Databank has announced the closure of its offices effective Thursday, December 22, and to work remotely following attacks and...

Ghana Euro bondholders form Committee to support debt restructuring 

External holders of Ghana’s Eurobond have formed a creditors committee to support the country’s debt restructuring programme to help it secure a $3 billion...

Used clothing dealers announce reduction in prices

The Used Clothing Dealers Association has announced a 30% reduction in the prices of their goods. The Public Relations Officer of the association, John Obiri-Yeboah,...

Taskforce to chase stubborn drivers over transport fares reduction [Listen]

JoyNews/AdomNews · Taskforce to chase stubborn drivers over transport fares reduction The Ghana Road Transport Coordinating Council (GRTCC) and Ghana Private Road Transport Union (GPRTU)...

IMF Board approval for Ghana programme scheduled for January 2023 – Redd Intelligence

The approval of a programme for Ghana by the Board of the International Monetary Fund is expected to come off at the earliest in...

Alan calls for intensive investment in agric sector

The Trade and Industry Minister, Alan Kyerematen, has advocated for intensive investment in the agricultural sector as part of major plans to economically empower...