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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...

Walmart issues profit warning as prices rise

US retail giant Walmart has warned over its profits for the second time since May, as the soaring cost of food and fuel hits...

NABCo trainees send SOS message to govt as programme ends in 2 months

JoyNews/AdomNews · NABCo trainees send SOS message to govt as programme ends in 2 months Some trainees of the Nation Builder’s Corps (NaBCo) have appealed...

Registrar General’s Department to delete about 500k firms from Companies Register

The newly launched Office of the Registrar of Companies (ORC) is set to delete close to 500,000 companies from its database. This is for not...

Amazon raises Prime subscription price

Amazon is to raise the price of its Prime service for UK customers. From September, monthly subscriptions will go up £1 to £8.99 and annual...

IMF bailout a short-term measure – Ofori-Atta

Finance Minister, Ken Ofori-Atta has said that the government’s decision to seek an International Monetary Fund (IMF) bailout is a short-term measure of the...

BoG has printed ¢22b without parliamentary approval – Ato Forson alleges

Former Deputy Finance Minister, Dr. Cassiel Ato Forson has accused the government of encouraging the Bank of Ghana to print an amount of GH¢22 billion without...

You are digging your grave to jail – Adongo tells Ofori-Atta

Member of Parliament (MP) for Bolgatanga Central Constituency, Isaac Adongo, has hit at Finance Minister Ken Ofori-Atta following the presentation of the 2022 mid-year...

2022 Mid-Year Budget Review: Ofori-Atta admits hardships

The Finance Minister has admitted that the economic outlook of the country “has darkened significantly”, a development that is making life unbearable for citizens. Mr...

Free SHS under review or not: Ofori-Atta sets records straight

The Finance Minister, Ken Ofori-Atta, has said the Free Senior High School (SHS) and TVET education are not under review. Presenting the 2022 Mid-Year Budget...

Ghana records $1.43bn trade surplus in first half of 2022

Ghana recorded a trade surplus of $1.43 billion in the first half of this year, higher than the $886 million recorded during the same...

We’re staying within 2022 appropriation; we are not seeking additional funds – Ofori-Atta

Government says it will use the windfall from the upstream petroleum sector to make up for its revenue shortfall in the 2022 budget.  The Finance...

Full text: Ken Ofori-Atta’s 2022 Mid-Year Budget Review speech

The Finance Minister, Ken Ofori-Atta, has presented the 2022 Mid-Year Budget Review to Parliament for approval. Below is the full statement delivered on July 25,...

Minority MPs chant ‘away’ as Ofori-Atta presents 2022 mid-year budget

The Members of Parliament (MPs) on the Minority side have chanted calls for the Minister of Finance, Ken Ofori-Atta, to resign. The call by the...

Musk denies affair with Google co-founder’s wife

Tesla boss Elon Musk has denied having an affair with Nicole Shanahan, the wife of Google co-founder, Sergey Brin. Mr Musk's comments came after the...

Finance Minister to present 2022 Mid-Year Budget Review

The Finance Minister, Ken Ofori-Atta, will present the 2022 Mid-Year Budget Review in Parliament later today, July 25. Mr Ofori-Atta was scheduled to deliver the...

CIIG Awards: Multimedia Group crowned ‘Insurance Media House’ of the Year 2021

The Multimedia Group has been crowned the Insurance Media House of the Year 2021 at the 2022 Chartered Insurance Institute of Ghana (CIIG) Awards...

Why Tekno Miles is one of the best ambassadors for Sportsbet.io

Sportsbet.io snagged a big win when they landed a sponsorship deal with one of the most popular icons in the African music industry in...

Cedi loses 19.2% value to dollar in almost 7 months of 2022 – BoG

The cedi lost 19.2% in value to the US dollar in almost seven months of 2022. According to the Summary of Economic and Financial Data...

Bawumia cuts sod for first Inland Marine Port in Northern Ghana

The Vice President, Dr Mahamudu Bawumia, has cut the sod for work to begin on the construction of the first Inland marine port in...

Mobile Money transactions fall in May but increase in June despite E-levy implementation

Mobile Money transactions dipped by 18.58% to ¢71.4 billion in May 2022, the month of implementation of the Electronic Transaction Levy (E-Levy). However, in the...

Buy fuel from only certified retailers – NPA

The Head of Consumer Services at the National Petroleum Authority (NPA), Eunice Budu Nyarko, has appealed to the public to purchase fuel only from...

Twitter spent $33m in three months on Musk deal

Twitter spent $33m (£27m) on Elon Musk's proposed deal to buy the firm between April and June 2022. It also said its number of monthly...

I’m not sure people sleep on empty stomach in Ghana – Agric Minister [Listen]

JoyNews/AdomNews · I'm not sure people sleep with hunger in Ghana - Agric Minister Minister of Food and Agriculture, Dr Owusu Afriyie Akoto, has rubbished...

Snapchat owner hit as advertising slump hit sales

Shares in the owner of social media platform Snapchat have plummeted after it missed revenue expectations and warned it faces "incredibly challenging" conditions. The firm...

You are handling eggs wrongly – Ghana Standards Authority tells Ghanaians

The conventional ways of handling eggs, including the sale of broken eggs for consumption, have been identified as posing public health risk. According to the...