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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...

Gold for oil consignment selling higher than fuel from other sources – Dr Acheampong

An Economist and Political Risk Analyst has highlighted some downsides of the gold for oil policy. He said that prices of gold for oil consignment...

Nine banks could be insolvent from impact of domestic debt exchange – Report

If the International Financial Reporting Standard (IFRS) nine is applied in a stricter sense, nine Ghanaian banks could be insolvent from the impact of...

BoG, Ghana Air Force commission helipad to airlift currencies to Sefwi Boako

Following the accident of a Bank of Ghana Bullion Van in November 2019 at Techiman, in the Bono East Region, Management established a committee...

Gold Fields and AngloGold Ashanti propose Ghana JV to create Africa’s largest gold mine

Gold Fields and AngloGold Ashanti ('The Parties') have agreed the key terms of a proposed joint venture in Ghana between Gold Fields’ Tarkwa and...

Check out new prices as fuel falls by 6% per litre

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps from today, March 16, 2023. A leading OMC, GOIL...

Online shopping in Ghana: 5 best stores to check out

Online stores in Ghana are making it easier than ever to shop from the comfort of your own home. With so many options available,...

Bondholders Groups welcome payment of delayed coupons but…

The Coalition of Individual Bondholders Groups has welcomed the commencement of payments of matured bonds and coupons to its members, confirmed by most of...

Energy Commission to start observing new electrical appliance standards [Photos]

The Energy Commission has urged importers of electrical appliances and renewable energy products to start complying with the newly passed Energy Efficiency Standards and...

Fire guts Kejetia market [Video]

https://youtu.be/xXD1qUlJVnU Fire has gutted parts of the Kejetia market in Kumasi of the Ashanti region. The fire, which cause is yet to be established, occurred late...

Gold for oil: Fuel prices will go down further – Bawumia

Vice President Dr Mahamadu Bawumia has described the Gold-for-Oil policy as a game changer that will push fuel prices down. According to him, prices of...

Fuel prices to fall between 3% and 10% – IES

Fuel prices are expected to fall between 3% and 10% at the pumps, beginning tomorrow March 16, 2023, the Institute for Energy Security (IES)...

Cedi maintains resurgence momentum against US dollar

The cedi continued its resurgence against the major trading currencies on the retail market last week. The local currency regained stability against the major trading...

Govt begins payments on outstanding bonds

The Government of Ghana has through the Ministry of Finance started processes to settle payments on outstanding bonds. A statement issued by the Ministry Tuesday...

8th IBAG Conference to discuss effects of Global economic challenges, DDEP on insurance industry

The 2023 edition of the Insurance Brokers Association of Ghana (IBAG) Educational Conference and Exhibition is expected to focus on the effect of Global...

Road toll re-introduction: Here’s how much drivers are likely to pay

Drivers are bracing themselves for the re-introduction of road tolls on Ghana’s roads. The levy was abolished in November 2021 as part of what the...

Ghana Link aims to boost economic growth with ICUMS training programme

Ghana Link Network Services has begun its annual intensive refresher training programme on the Integrated Customs Management System (ICUMS) for various stakeholders across the...

GRA to complete E-VAT implementation in December 2024

An Assistant Commissioner in Charge of Value Added Tax (VAT) Administration with the Ghana Revenue Authority (GRA), Philip Acquah, has remarked that migration of...

VAT registered vendors to be connected to GRA system by 2024

Commissioner General of the Ghana Revenue Authority, Reverend Dr Ammishaddai Owusu-Amoah, says in an effort to ramp up revenue mobilization, the Authority is planning...

GRA exceeds target for first two months in 2023

The Commissioner General of the Ghana Revenue Authority (GRA), Rev. Dr. Ammishaddai Owusu-Amoah, has disclosed that the authority has mobilised ¢13.3 billion in taxes...

Ghana’s loan request to go to IMF Board end of March – Akufo-Addo

International Monetary Fund (IMF) staff will present Ghana’s request for a loan programme to its executive board by the end of the month, President...

SONA 2023: Gold for oil deal bearing fruits – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo is impressed with the progress of the Gold for Oil Policy so far. Delivering the State of the Nation Address...

Most stores at Makola to go online

Makola is an iconic landmark in the capital city of Ghana, Accra. It is the largest and most popular open-air market in the city, with...

Cedi recovery continues; $1 equals ¢12.50

The recovery of the Ghana cedi continued today March 7, 2023 as the local currency gained some 30 pesewas from last Friday, March 3,...