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GIADEC makes significant progress towards developing an Integrated Aluminium Industry

Ghana’s first President, Kwame Nkrumah, had a vision to industrialise Ghana’s economy and identified the Integrated Aluminium Industry (IAI) as a good starting point....

Fuel tanker drivers call off week-long strike

Fuel tanker drivers have called off their industrial action across the country. The group including other allied associations decided to go back to work after...

Crude oil price falls to nearly $90 per barrel

The price of crude oil continues to fall as the commodity —which peaked at more than $130 barrels in March 2022— has given up...

MTN Ghana launches 2022 MoMo Month

Telecommunication giant, MTN Ghana has launched this year’s Mobile Money Month in Accra. The 2022 edition on the theme: ‘Accelerating Growth in Digital Payments – The...

From university ‘money exchange agent’ to CEO – The story of FXKudi’s Abioye Oyetunji

Economic and societal challenges in Africa are everyday phenomena that continue to beg for answers. Taking an initiative to get any of the...

Ban on construction of LPG outlets lifted – NPA

Cabinet has lifted the ban on construction of LPG outlets throughout the country. This is contained in a letter addressed to the Chairman of the...

How tanker tracking devices have forced drivers to go on strike [Listen]

JoyNews/AdomNews · How tanker tracking devices have forced drivers to go on strike Members of the Gas Tanker Drivers and Petrol Tanker Unions have declared...

Govt to save $13.2bn from power agreements

The Government has successfully renegotiated Power Purchase Agreements (PPAs) with six Independent Power Producers (IPPs) in the country, the Minister of Finance, Ken Ofori-Atta,...

Uber drivers at record high as people seek more cash

The number of people driving for Uber has hit an all time high, as concerns about the rising cost of living push people to...

23% staff cut off as crypto market dives

Trading platform Robinhood is cutting nearly a quarter of its staff due to high inflation and the falling cryptocurrency market. The company said the economic...

Parliamentary committee to push for tax waivers for local printers

The Parliamentary Select Committee on Education has promised to make a strong case for the removal of import duties on raw materials for the...

Telecel to re-engage government over Vodafone Ghana takeover

African Focus Telecom Company, Telecel has indicated that it will re-engage the Government of Ghana over its takeover bid for Vodafone Ghana’s operations. This is...

NCA justifies GHc5 charge for self-re-registration App

The National Communications Authority (NCA) has provided reasons to charge people who will want to use the Sim Card re-registration App to register their...

AMA commissions 665 market sheds at Makola

The Mayor of Accra, Elizabeth Kwatsoe Tawiah Sackey, has commissioned a refurbished shed at the 31st Makola market. The rehabilitation of the dilapidated structure, which began...

Asia’s richest men battling to dominate 5G in India

India's largest auction for 5G airwaves has ended after seven days, potentially setting the stage for a battle of supremacy over India's digital future...

E-VAT policy approved; government projects ¢750m in revenue

The government is aiming to raise ¢750 million after the Value Added Tax Amendment bill, which implements the E-VAT policy, was approved. The reviewed tax...

Ghanaians react to Caveman’s ‘Erotica Watch’  billboard

Caveman Watches, a Ghanaian-owned, globally endorsed watch brand, has got Ghanaians talking with one of its many creative timepieces, the "Caveman Erotica’. The innovative timepiece"Caveman...

T-bills oversubscribed by 92% due to high interest rates

Government Treasury Bills were oversubscribed by about 92% for the 4th week running, as a result of the high-interest rates prevailing in the country. According...

SIM re-registration: Mobile Money Agents Association makes fresh appeal

Mobile Money Agents Association has called on the government to involve them in the SIM re-registration process. Speaking on The Probe on JoyNews, the Public...

LPG Marketers Association join tanker drivers; declares indefinite strike  

Liquefied Petroleum Gas (LPG) Marketing Association of Ghana has joined the sit-down strike declared by the Ghana National Petroleum Tanker Drivers Union. The move, they...

BOST reacts to Minority’s allegation on office construction cost

The Bulk Oil Storage and Transportation Company (BOST) has rejected allegations by the Minority that government has inflated the cost of its new office...

Apple and Amazon sales up despite rising pricing

Amazon and Apple posted better than expected sales, reassuring investors that the tech giants will be able to weather slowdowns in global economies. Amazon forecast...

Instagram U-turns on TikTok-style revamp

Instagram says it is pausing a rollout of new features on its app following backlash online from users, influencers and celebrities. Among the new features...

Vodafone agrees to sell stake in Ghana operations to Telecel

Vodafone Plc has agreed a sale of its operations in Ghana to Telecel Group, as the British telecommunications giant looks to refocus on key markets.  The London-listed...

SIM card re-registration: Extend exercise to January 2023 – MoMo agents to govt 

The Mobile Money Agents Association of Ghana has pleaded with government to extend the deadline for the SIM card re-registration exercise. According to them, the...

Scrapping E-levy is a ‘no-no’ – Ken Ofori-Atta

Finance Minister, Ken Ofori-Atta, says the government is not willing to scrap the e-levy. According to him, taking into consideration the rapid digitalization of the...

US economy shrinks, sparks recession fears

The US economy has shrunk for the second quarter in a row, a milestone that in many countries would be considered an economic recession. That...

China signals it could miss economic growth target

China has signalled that it may miss its annual economic growth target, as Covid restrictions weigh on the world's second largest economy. On Thursday, the...

Govt inflates new BOST office construction by 100% – Minority alleges

The Minority in Parliament has alleged that government has padded the contract sum meant for an office space for the Bulk Oil Storage and...

Countries with cheapest mobile data: Where does Ghana rank?

Ghana has made it onto the list of countries with the cheapest mobile data in the world. This conclusion came from a survey conducted by The...

SIM registration: MTN agents hit market, communities to meet deadline

Telecommunication against, MTN Ghana has initiated a strategy to re-register millions of its customers as the SIM registration exercise draws to a close at...

MTN in talks to buy Telkom

Telecom giant, MTN, is in talks to buy South Africa’s incumbent operator, Telkom. As South Africa’s second- and third-largest mobile operators, if approved the deal...

Banking sector clean-up: Nduom, Duffuor et al were not treated fairly – Adongo

JoyNews/AdomNews · Nduom, Duffuor et al were not treated fairly - Adongo Member of Parliament for Bolgatanga Central, Isaac Adongo, has said Ghanaian banks have...

Fuel prices may drop from August 1 – COPEC

Prices of petroleum products may go down between 3% and 6% from August 1, 2022. According to the Chamber of Petroleum Consumers (COPEC), the expected...

Gas prices soar as Russia cuts German supply

Gas prices have soared after Russia further cut gas supplies to Germany and other central European countries after threatening to earlier this week. European gas...

Facebook sales fall for the first time

The owner of Facebook and Instagram was hit by a fall in advertising sales in the three months to July which caused the first...

Govt slashes E-Levy target for 2022 to ¢611m

Government has reviewed its revenue target for the controversial Electronic Transaction Levy (E-Levy) to ¢611 million, from about ¢4.9 billion. Finance Minister, Ken Ofori-Atta, disclosed...

We haven’t printed ¢22.04bn to support govt’s budget – BoG

The Bank of Ghana (BoG) has dismissed claims by the Minority in Parliament that it has printed ¢22.04 billion to finance government’s budget. In a...

EU allows get-out clause in Russian gas cut deal

European Union members have agreed to cut gas use in case Russia halts supplies but some countries will have exemptions to avoid rationing. EU members,...

UK set for slowest growth of all richest countries

The UK is set for the slowest growth of the G7 richest economies next year, the International Monetary Fund has warned. It is predicting UK...