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COCOBOD CEO justifies $5m allocated for cocoa consumption

The Chief Executive Officer (CEO) of the Ghana Cocoa Board (COCOBOD) has justified the allocation of $5 million to the school feeding programme. According to...

$600 million cocoa loan to serve interest of farmers – COCOBOD CEO

Chief Executive Officer (CEO) of COCOBOD, Joseph Boahen Aidoo, has explained government's decision to acquire a $600m cocoa loan facility is in the interest...

Menzgold ordered to refund GH¢2.6m to soldiers

An Accra High Court has ordered the troubled gold dealership, Menzgold Ghana Limited, to refund GH¢2,664,000 owed 58 military personnel. State-owned Daily Graphic newspaper...

List: 53 securities, fund management companies whose licences have been revoked

The Securities and Exchange Commission (SEC) has revoked the operating licences of 53 Fund Managers in the country. "These firms failed to inform clients...

Just in: SEC revokes licences of Gold Coast Securities; 52 others

The Securities and Exchange Commission (SEC) has revoked the licence of Gold Coast Securities and 52 other Fund Management Companies. The action is in pursuant...

Registrar General’s Department in State vehicles auction scandal

A Corruption Watch (CW) investigation has found that nine Toyota Hilux pick up state vehicles have been auctioned under questionable circumstances, with the auctioneer taking one...

Poverty rate drops to 23% in the last 27 years – NDPC boss

The Director General of the National Development Planning Commission (NDPC), has said Ghana’s poverty reduction strategy has made some strides as the country’s poverty...

Nigeria gives condition for reopening borders

The Federal Government’s decision to shut the nation’s land borders against neighbouring countries will remain, despite any short-term losses, until they...

Ghanaian, Ivorian cocoa farmers to get $400 per tonne from 2021 – Akufo-Addo

President Nana Akufo-Addo has announced cocoa farmers in Ghana and Ivory Coast will from the start of the 2021 crop season be paid a...

NPA launches manual to control oil losses

The National Petroleum Authority (NPA) has launched a manual to curb the frequent losses of oil associated with petroleum product loading, transportation and also...

Monetary Policy Committee to hold crucial meeting Nov. 20

The Monetary Policy Committee (MPC) of the Bank of Ghana is set to hold its 91st regular meeting from Wednesday, November 20, 2019 at...

Police confiscates 120 cartons of fake alcoholic beverages

The Nungua Divisional Police on Wednesday arrested three persons who are said to be part of a fake alcohol production cartel in Accra. The products produced under...

First phase of Ghana-Burkina Faso railway line to be ready by 2020 –Joe Ghartey

 The Ministry for Railways Development has announced the first phase of the Ghana -Burkina Faso railway line will be completed by August 2020. According...

$600m loan to revamp cocoa sector – NPP explains

Deputy Communications Director of the New Patriotic Party (NPP), Kamal Deen Abdul, has explained how the $600 million loan will be used to revamp...

Nigeria border closure: ECOWAS must intervene – Consumer expert

Country Director of Consumer Unity and Trust Society, Appiah Kusi Adomako, is calling on the Economic Community of West African States (ECOWAS) Parliament to...

Wanton dissipation of monies at GNPC must be investigated – COPEC

The Chamber of Petroleum Consumers (COPEC), Ghana has called on the government to immediately halt and investigate the processes leading to what it describes as wanton...

People’s Pension Trust picks up Pension Innovation award at 2019 GAF awards

People’s Pension Trust Ghana Limited has been adjudged winner in the Pensions Innovation Award of the Year Category at the 2019 Ghana Accountancy and Finance Awards....

Cosmic Delivery Express introduces scratch card

Cosmic Delivery Express, the company which deals in courier services, concierge, export and import is offering customers juicy packages with the introduction of a...

Nigeria selfish, insensitive for closing border – MP

Member of Parliament for Odododiodoo constituency in the Greater Accra Region, Nii Lante Vanderpuye, is of the view that Nigeria is being selfish and...

GUTA locks up foreign shops at Opera Square

Angry members of the Ghana Union of Traders Association (GUTA) have locked up about 52 shops belonging to foreigners at Opera Square in Accra. Storming the...

McDonald’s boss Steve Easterbrook fired after dating employee

McDonald's has fired its chief executive Steve Easterbrook after he had a relationship with an employee. The US fast food giant said the relationship was...

Cocoa sector to get $600m to boost production

The government is to inject a $600 million stimulus package into the cocoa sector through a Cocoa Productivity Enhancement Program. Announcing this on Sunday at...

NPP chairman reacts to Nigeria’s border closure

The Bono Regional Chairman of the governing New Patriotic Party (NPP), Kwame Baffoe, popularly known as Abronye DC, has reacted to the closure of...

Finance Minister’s bombshell over real reason behind PDS deal cancellation

Finance Minister, Ken Ofori-Atta, has revealed the real reason behind the cancellation of the concession agreement between Power Distribution Services (PDS) and the government. According...

Secret for closure of Nigeria border exposed!

Member of Parliament (MP) for Odododiodoo constituency, Nii Lante Vanderpuye, says he feels the closure of the Nigerian border to other Africans including Ghana...

Farmer loses 77.5 acres illegal maize farm in forest reserve

A total of about 77.5 acres of maize farm has been destroyed in the Chai and Asukawkwa forest reserves with collaborative efforts from guards...

You cannot sack anybody – Minister tells GUTA

Deputy Minister for Trade and Industry, Carlos Kingsley Ahenkorah, has urged members of the Ghana Union Traders Association (GUTA) to be cautious of actions...

Finance Minister explains delay in road contractors’ arrears payment

Finance Minister Ken Ofori-Atta, has explained reasons behind the delay in the payment of arrears owed road contractors in the country. Speaking in an interview...

GHL Bank delights staff, clients with The Magic of Service

GHL Bank celebrated the 2019 edition of the International Customer Service Week. Under the global theme, “The Magic of Service”,the bank’s activities were aimed at...

Cease fire; don’t take laws into your own hands – Trade Ministry to GUTA

The Ministry of Trade and Industry has called on agitated members of the Ghana Union Traders Association (GUTA) to exercise restraint and not take the laws...

I am upbeat about Ghana’s future, energy sector reforms are on course – Finance Minister

Ken Ofori Atta, Minister for Finance has said that he is very hopeful about the future of Ghana. The minister emphasized that the country has...

Those who overspend their election budget end up in opposition – Finance Minister

Minister for Finance, Ken Ofori-Atta, has said that political parties that overspend during election year end up in opposition. Mr Ofori-Atta made this assertion on...

Banks show signs of growth with increased profit margins after sector reforms

Unaudited financial statements released by some banks, indicate that the banks have registered significant gains with profit margins either almost doubled or increased by some...

Sue us for closing your shops – GUTA to foreign retailers

The Ghana Union Traders Association (GUTA) has dared the foreign traders whose retail shops have been closed to sue them if they...

2,785 traders pay money for allocation of Kejetia stores

Kumasi City Markets Limited (KCML), managers of the newly-constructed Kejetia market, has so far realized a total amount of 22.1 million Ghana Cedis being...

Things are better now – Finance Minister rejects hardship claims

Finance Minister, Ken Ofori-Atta, says the livelihood of Ghanaians is better as compared to the hardships they were facing under the erstwhile John Dramani...

GRA locks Intelligence Metering and Energy Solutions over GH¢ 6.8 million debt

The Debt Management and Compliance Unit of the Ghana Revenue Authority (GRA) has shut down Intelligence Metering and Energy Solutions over GH¢ 6.8 million...

100 students from Universities receive scholarship from Ghana

MTN Ghana Foundation has presented 100 scholarships to the second batch of its MTN Bright Scholarship beneficiaries at the MTN house in Accra. MTN Bright Scholarship...

Businesses urged to concentrate on quality rather than profit

Chief Executive Officer of Charger Company Limited, producers of Happy Man Bitters, Emmanuel Borketey Bortey, has admonished Ghanaian companies to desist from focusing on...

Teach Ghanaian businesses importance of stock market – Founder, Clever Lines charges Ghana Stock Exchange

Stephen Asiedu, Founder of Clever Lines, a Ghanaian company into printing and publishing, has charged the Ghana Stock Exchange (GSE) to educate Ghanaian businesses on the...