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All you need to know as Bank of Ghana upgrades GH¢1 coin

The Bank of Ghana (BoG) has upgraded the GH¢1 coin with some enhanced security features. According to a statement issued by the Central Bank on...

Fish prices to go up over premix fuel scarcity

The Deputy Volta Regional Chief fisherman, Seth Kedey, has hinted at a rise in the price of fish this festive season (yuletide) occasioned by...

Govt invites eligible bondholders to exchange ¢137.3bn of domestic bonds, others

The government has invited eligible bondholders to exchange approximately ¢137.3 billion of its domestic notes and bonds, E.S.L.A. Plc and Daakye Trust Plc for...

Digitalisation of customs process has enhanced smooth operations at the port – GRA

Principal Revenue Officer for Customs Operations of the Ghana Revenue Authority (GRA), Mrs Esther Kwakyewaa Amekudzi, has disclosed that the emergence of digitalisation at...

Cedi strengthens in value against dollar; 1$ now ¢13.70

 The Ghana cedi strengthened in value against the dollar almost a day after the government launched the Debt Exchange Programme. The local currency also...

We expect to reach a Staff-Level Agreement with IMF soon

Finance Minister, Ken Ofori-Atta, has expressed confidence that government would reach a Staff-Level Agreement with the International Monetary Fund (IMF) soon for a programme...

Debt Exchange Programme is key requirement for IMF deal – Ofori-Atta

The Minister of Finance, Ken Ofori Atta, has admitted that the Debt Exchange Programme is part of a key requirement for the government to...

Proposed debt exchange programme will bring some confidence into economy – BoG Governor

The Governor of the Bank of Ghana, Dr Ernest Addison, has expressed hope that the proposed debt exchange programme to restructure the country’s debt...

2023 Budget: New revenue mobilisation measures burdening productive sector – Twum Akwaboah

Chief Executive Officer of the Association of Ghana Industries, Seth Twum Akwaboah, says government’s revenue mobilization measures as outlined in the 2023 Budget Statement...

Increment in VAT is inappropriate at this time – Ghana Chamber of Commerce CEO

The Chief Executive Officer (CEO) inof the Ghana Chamber of Commerce, Mark Badu-Aboagye, says now is not the time for government to be increasing...

Capital Bank trial: We cannot be compromised – Deputy Attorney-General [Video]

https://www.youtube.com/embed/LkoyrM2J8XY Deputy Attorney-General, Alfred Tuah-Yeboah, says the office has not been compromised in the ongoing trial of the founder of the defunct Capital Bank, William...

Fire Service blames Kantamanto traders for extent of damage in fire outbreak

The Ghana National Fire Service (GNFS) has blamed traders at Kantamanto for the extent of damage caused them in a fire outbreak on Tuesday....

Kantamanto fire: We can’t be blamed; there was no water in hydrants – Fire Service

A Deputy Public Relations Officer of the Ghana National Fire Service (GNFS) has said firefighters had to travel to Farisco in search of water...

Court of appeal upholds BoG’s appointment of Nii Amanor Dodoo as receiver for uniBank

The Court of Appeal has, today, 1 December 2022, held that the High Court was wrong in deciding that Bank of Ghana’s decision to...

Farmers’ Day: Mahama urges govt to prioritise agri-businesses

Former President John Mahama has urged the government to prioritise agri-businesses and support key players in the agricultural value chain as a means to...

Lemonade Finance presents Delay in “Wo si woyε musician?”

Lemonade Finance is a cross-border payment solution that enables Africans in the Diaspora to send money to Ghana and other African countries. The App...

Parliament passes Luxury Vehicle Levy

Parliament has passed the Luxury Vehicle Levy to impose an annual levy on vehicles with high engine capacities. This was captured in a statement by...

Ghana suffers 7 downgrades from 3 credit ratings agencies in less than 11 months

The current Moody’s downgrade of Ghana’s long-term sovereign bonds to further junk territories brings the total number of downgrades and revisions to seven in...

Ato Essien’s fate hangs as court rules on his case today

An Accra High Court is expected to give judgement in the criminal trial of founder and former Chief Executive Officer of defunct Capital Bank, William...

Supreme Court upholds tax law; Pay now, argue later

The Supreme Court has affirmed a legal provision which obliges people dissatisfied with a tax assessment by the Ghana Revenue Authority (GRA) to pay...

Pig farmers announce another increase in prices of pork

The Ashanti Regional Pig Famers Association of Ghana (PFAG) has again announced an upward price adjustment of its products (Pork) from GHS18 to GHC22...

Police offer psycho-social support to Kantamanto fire victims [Photos]

The Ghana Police Service has offered psycho-social support to victims of Tuesday’s fire incident at Kantamanto market in Accra. This was after owners...

GPRTU introduces ride-hailing service ‘MYGHTaxi’ [Audio]

JoyNews/AdomNews · GPRTU introduces ride-hailing service 'MYGHTAXI' The Ghana Private Road Transport Union (GPRTU) has announced an upcoming ride-hailing service, MyGHTaxi for commercial taxis and...

Govt’s new VAT rate a lazy man approach – Prof Bokpin

Finance and Economics lecturer, Professor Godfred Bokpin, has advised the government to review its decision against the new Value Added Tax (VAT) regime in...

Moody’s downgrades Ghana to further junk status, warns investors could lose in debt restructuring

Moody’s has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 or further junk status and changed the outlook to stable. This...

Some OMCs start reducing fuel prices, GOIL down by 3.5%

Some Oil Marketing Companies (OMCs) in the country have started reducing prices of fuel at the pumps from today .  One of the Market leaders,...

7th Agrofood West Africa Trade Fair launched in Accra

The 7th International Trade Show & Conference on Agriculture, Food & Beverage Technology on West Africa agrofood and plastprintpack has opened in Accra, Ghana...

Moody’s downgrades Ghana to further junk status, warns investors could lose in debt restructuring

Moody’s has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 or further junk status and changed the outlook to stable. This...

2023 Budget: Shisha and other electronic smoking devices to be taxed

Government has indicated in the 2023 budget statement that it has plans to tax electronic smoking devices next year. The Finance Minister, Ken Ofori-Atta clearly...

‘Maize prices to go up in March 2023’

The Executive Director of the Peasant Farmers Association of Ghana, Dr Charles Nyaaba, says maize prices are expected to increase in the first quarter...

BoG supports govt to refinance ¢2.83bn 5-year bond

The Bank of Ghana (BoG) supported the government to refinance ¢2.83 billion 5-year bond expected to have matured yesterday November 28, 2022. Joy Business is...

Kantamanto market fire: Tears flow as traders count their losses [Audio+Photos]

JoyNews/AdomNews · Kantamanto Traders Count Their Losses After Fire Outbreak Some traders at Kantamanto are counting their losses after fire gutted the market on Tuesday...

Policy rate hits 27%; loans to become more expensive

The Bank of Ghana has increased its policy rate by 2.5 percentage points to 27%, citing risks to inflation and exchange rate concerns as...

PFJ Market: Plantain not part of budget and crop list – MP

The Ranking Member on the Food, Agriculture and Cocoa Affairs Committee of Parliament has berated the minister for Food and Agriculture for creating the...

MTN Ghana to deactivate over 5.7 million subscribers SIM cards       

MTN Ghana will commence the complete disconnection of all SIM cards that have completed Stage 1 (Linkage of Ghana Card ID to SIM Card)...

Cities and Habitats honoured at Ghana Property Awards

Co-sponsors of Ecobank-Joy News Habitat Fair and developers of the Planned Cities Extension Project, Cities and Habitats (Rent-to-Own), has been honoured at the 2022...

Court sets date to rule on Ato Essien’s case

An Accra High Court would on December 1, 2022, give judgement in the criminal trial of founder and former Chief Executive Officer of defunct...

Thai EXIM Bank to support Jospong in rice Production in Ghana

Following the government’s decision to increase rice production in the country, the Jospong Group of Companies (JGC) has signed MoUs with key sector rice...

Total MoMo transactions hit ¢833.3bn in October 2022 despite E-levy implementation

Despite the implementation of the Electronic Transaction Levy (E-Levy), total Mobile Money transactions in the first 10 months of 2022 grew by 12.9% year-on-year...

Fish crisis at Tema Harbour: Only 4 of 76 commercial fishing vessels functional

Vessel safety, increasing fuel cost and the inability to meet new licensing requirements have combined to ground the operations of many commercial fishing vessels...