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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,...

Green Republic Convener nominated for African SDG’s Achievers Award

Founder and Convener of the Green Republic Project, a youth-driven grassroots climate action organization based in Ghana, Nana Yaw Osei-Darkwa, has been shortlisted for...

Oil price hits 7-year high; now $113 per barrel

Crude oil prices climbed back to a seven-year high on Wednesday, March 2, exposing the economy to significant shocks of further price increases at...

Price of LPG goes up by 5%

JoyNews/AdomNews · Our business are suffering due to sharp decline in consumption of LPG - Gabriel Kumi Liquefied Petroleum Gas (LPG) price will experience a...

Fuel price to hit GH¢9.00 per liter before end of March – COPEC

The Chamber of Petroleum Consumers Ghana, (COPEC), has predicted fuel will hit GH¢9.00 per litre by the close of March this year. The hike, it...

Govt to augment Metro Mass Transit with 600 buses

The government is to augment the Metro Mass Transit Limited (MMTL) fleet with 600 buses. The Minister of Transport, Mr Kwaku Ofori Asiamah, said the...

Ship carrying 4,000 luxury cars sinks [Video]

A cargo ship that was carrying thousands of luxury cars has sunk off the Portuguese Azores archipelago, nearly two weeks after it caught fire. The...

Ukraine conflict: Disney, Warner, Sony halt release of films in Russia

Warner Bros, Disney and Sony have halted the release of films in Russian cinemas, after the invasion of Ukraine. The announcements mean the releases of...

Inject more dollars into economy – BoG urged

The Bank of Ghana (BoG) has been urged in the short term to inject more dollars into the economy to address the depreciating cedi. According...

Ghana Cedi not depreciating; it’s US dollar appreciating rather – Banker

A chartered banker has discounted reports that the Ghana cedi is now the worst-performing currency in Africa. Eric Nii Boi Quartey said it is rather...

MTN to engage government on implementation of E-Levy; records ¢2bn profit in 2021

Leading telecommunication firm, MTN Ghana says it continue to engage government and other regulatory stakeholders on the implementation of the Electronic Transaction Levy and...

E-Levy is in Ghana’s interest – Akufo-Addo

President Akufo-Addo says it is in the public interest that the proposed Electronic Transaction Levy (E-Levy) be enacted into law to improve the country’s...

Prices of petroleum products to go up by 6%

Prices of petroleum products may go up by about 6%, beginning March 1st, 2022, if government fails to intervene in the rising price of...

Cedi now worst African currency

The Ghana cedi is now the worst-performing currency on the African continent, just two months into 2022. This is because it has depreciated by about...

76% of global investors look set to grow their African investments – Study

Global investors are set to see a significant increase in their African investments, with 76 percent either studying the markets, preparing for entry or...

6th edition of ‘MTN Heroes of Change’ to reward COVID-19 change agents

Telecommunications giant, MTN Ghana, has launched the 6th edition of its annual ‘MTN Heroes of Change’. This year's event is also the 25th anniversary edition...

Capital Bank Collapse: ‘You stole GH¢200 million’ – Prosecutor grills Ato Essien

State Prosecutors have accused the Founder of the defunct Capital Bank, William Ato Essien, of causing the insolvency of the bank by stealing about...

Russia’s richest 22 billionaires have lost $39 billion in one day after the invasion of Ukraine

Russia's 22 richest individuals saw their net worths plunge by a collective $39 billion in less than 24 hours after their country invaded Ukraine, according...

Oil rises above $100 a barrel for the first time since 2014

Brent crude oil topped $103 a barrel, European stocks fell sharply and shares in Moscow dropped 45 per cent after Russia’s President Vladimir Putin...

Komenda Sugar Factory acquires 20,000 acres for plantation

Negotiations are almost complete to enable the Board of Directors of the Komenda Sugar Factory to acquire 20,000 acres of land suitable for growing...