HomeBusiness

Business

eCedi will meet very high security requirements – BoG

The Bank of Ghana (BoG) has re-emphasised that its digital currency – the eCedi will meet very high security requirements. As a result, currency issuance...

Fair-minded citizens who spoke up during Mahama’s regime must speak now – Franklin Cudjoe

The founding President and Chief Executive Officer of the IMANI Centre for Policy and Education, Mr. Franklin Cudjoe, has urged Ghanaians who criticised the...

HD+ goes on tour with HD+ Keteke roadshow

SES HD PLUS Ghana, the country’s premium high-definition satellite broadcast service provider, is going on tour to bring the FeeliFeeli experience of HD quality...

Report tax defaulting social media businesses and be rewarded – GRA

Assistant Commissioner at the Large Taxpayer Office of the Ghana Revenue Authority (GRA) has urged Ghanaians to report any business owner who operates on...

GPRTU set to increase transport fares again as fuel prices surge

The Ghana Private Road Transport Union (GPRTU) has announced that commuters should expect an increment in transport fares. According to the Head of the Union’s...

How betPawa BIG winner Abdulai is helping those less fortunate

betPawa BIG winner Abdulai had already dedicated around half of his winnings to those less fortunate when he was awarded an extra GH¢45,000. The Northern...

Ghanaians not benefiting enough from oil, mining – PIAC

The Public Interest Accountability Committee (PIAC) has disclosed Ghanaians are not benefiting sufficiently from the extraction of fuel and oil. Speaking with Parker Wilson on...

Fuel prices to hit ¢11 per litre from March 16

Prices of petroleum products will from Wednesday, March 16 experience a significant surge as consumers are expected to pay ¢11 per litre. The Bulk Oil...

GUTA cries over cedi depreciation

The Ghana Union of Traders Association (GUTA) has asked government to implement a comprehensive plan in order to stablise the country’s depreciating currency. According to...

Govt to make Ghana a vehicle manufacturing hub – Trade Ministry

Deputy Minister for Trade and Industry, Michael Okyere Baafi, has clarified that government's decision to marginally increase the import duty on vehicle is part...

Fuel prices expected to go up again from Wednesday

Prices of petroleum products are expected to shoot up by at least 5 percent from Wednesday, March 16, 2022, the Institute for Energy Security...

CIMG releases results of Ghana’s maiden professional marketing qualification examinations

The Chartered Institute of Marketing, Ghana (CIMG), last Thursday, officially announced results of the Institute’s maiden professional marketing qualification (PMQ) examinations, which was held...

BoG cautions bank customers about unsolicited calls, SMS, emails

The Bank of Ghana (BoG) is cautioning consumers to be wary of calls, SMS or emails purported to be coming from their respective banks. According...

Algeria President bans export of foodstuff

Algeria's President Abdelmadjid Tebboune has banned the export of foodstuffs that the country imports, the state news agency has said. The commodities include sugar, oil,...

Cedi depreciation slows down; declines 14.44% in value to dollar

The rate of depreciation of the Ghana cedi has slowed down, as the local currency went down by a little above 0.20% to the...

Fire ravages scrap yard at Kasoa [Photos]

Over 100 tonnes of scraps worth Ghc 250,000 have been burnt to ashes at Kasoa in the Awutu Senya East Municipality of the Central...

Arla Foods launch ‘Dano hyɛ me ma Dairy Creamer’

Arla Foods, producer and distributor of Dano Milk, has outdoored Dano “Hyɛ Me Ma” Dairy Creamer, a new product in their product portfolio that...

African Development Bank approves sustainable borrowing policy to tackle post COVID-19

A member of the New Patriotic Party (NPP), Razak Kojo Opoku said the COVID-19 pandemic has placed a strain on government’s finances and worsened...

Full text: Kwesi Botchwey lecture on State of the Nation’s economy and politics

Former Finance Minister, Prof Kwesi Botchwey, spoke at an Independence Day Lecture in Accra on Monday, March 7, 2022. The maiden lecture was on the...

Freedom Coin owner sends important message to BoG

Real estate developer and businessman, Nana Kwame Bediako, has called on the Central Bank to prioritise the woes of Ghana’s falling currency above upcoming...

Ukraine war: Oil price rises again due to fears over Russian shortfall

Oil prices rose on Thursday amid confusion over whether major producers would help to plug a gap in supplies from Russia. The United Arab Emirates...

Bird flu: Govt releases GH¢20.1m to compensate farmers

The government has released GH¢20.1 million to the Ministry of Food and Agriculture (MoFA) to pay compensation to farmers whose birds were affected by...

IWD: Top 5 women in the Ghanaian tech/e-commerce space

March 8 all over the world is celebrated as International Women’s Day (IWD) and this year has been no exception. From event celebrations to...

Pig farms at Tepa hit by swine flu

A total of 575 pigs are reported to have been affected by the African Swine Flu in the Tepa Municipality of the Ashanti Region. Pig...

Inflation hits 15.7%; prices of food items on the rise

Inflation shot up to 15.7% in February 2022, as a result of significant jump in food prices, the Ghana Statistical Service has disclosed in...

BoG warns public about ‘Freedom coin’ cryptocurrency

The Bank of Ghana (BoG) has cautioned the public about an impending launch of a cryptocurrency named "Freedom Coin" in Ghana." It has come to...

Asamoah Gyan mobbed at Dubai Expo [Video]

Former Black Stars skipper, Asamoah Gyan, was mobbed by some Ghanaian workers as he made his entry to the Ghana Pavilion Tuesday at the...

Ghana is a nation ready for business – Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, says Ghana has moved away from the earlier uncertainties that clouded her path towards progress...

BoG warns public over unlicensed, fraudulent ‘BitCash currency exchange’

The Bank of Ghana (BoG) has cautioned Ghanaians against the activities of “BitCash Currency Exchange”. A statement from the Bank of Ghana said they "wish...

World Bank projects harsher times for Ghana’s economy

The World Bank has projected harsher times for Ghana’s economy. This comes as the exchange rate continues to rise amidst inflation and increasing cost of...

Cement prices to hit ¢55 per 50 kilo bag from next week

The price for a 50-kilo bag of cement is expected will be increased from the current ¢45 Ghana cedis to ¢55 per bag from...

Ghana in economic distress – Prof. Kwesi Botchwey

Former Finance Minister, Prof. Kwesi Botchwey, has painted a gloomy image of Ghana’s economy describing it as one that is suffering grave distress. Prof Botchwey...

Prof. Kwesi Botchwey proposes 4 solutions for Ghana’s economy

A former Minister of Finance, Prof. Kwesi Botchwey, has proposed a number of solutions for Ghana's current economy. Delivering a public lecture on the theme,...

Crude oil price hits $130

The price of Brent crude surged more than 10% and is closing on an all-time high after the risk of a US and European...

LPG now a luxury product

Vice President of the Liquefied Petroleum Gas (LPG) Marketers Association, Gabriel Kumi, has stated that with the rate at which prices of LPG has...

Cost of imported vehicles to go up this month – Automobile dealers

The Automobile Dealers Union of Ghana has indicated that the cost of imported used vehicles are likely to increase from this month onwards as a result...

3Music video workshop trainees visit HD+ office

Ten participants of the SES HD Plus and 3Music Film Industry Development Project have toured the offices of HD+ at Roman Ridge in Accra. The...

MTN to invest ¢1.5bn in Infrastructure and Network Systems In 2022

MTN Ghana is on track to fulfill its planned spending of $1.5 billion on Network Infrastructure and Information Systems (NIIS) by 2025. This planned expenditure...

Reduction in benchmark value will affect cement Price – COCMAG

The Chamber of Cement Manufacturers, Ghana (COCMAG) has vehemently protested the reduction in benchmark value from 50% to 30% by Government saying it will...

Court orders BoG to produce Capital Bank’s statement of accounts

The High Court has ordered the Governor of Bank of Ghana, Dr Ernest Addison, to produce and tender into the court, on March 10,...