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Friend of the Earth launches sustainable chocolate certification in Ghana

Friend of the Earth, the world’s leading sustainability certification for agriculture, has introduced its Sustainable Chocolate Certification in Ghana, the second-largest cocoa producer globally. This...

Ghana’s cocoa exports set to crash below $2 billion this year – lowest in 14 years!

Ghana, the world’s second-largest cocoa producer, is at risk of seeing its cocoa export earnings crash below the $2 billion mark in 2024—the lowest...

Fitch assigns Ghana’s new dollar bonds at CCC+

Fitch Ratings has assigned Ghana's new US dollar bonds, issued on 9 October 2024, a 'CCC+' rating. Fitch also has upgraded Ghana's Long-Term Local-Currency (LTLC)...

ADB recovers over GH₵500m NPLs in 9 months

The Agricultural Development Bank (ADB) PLC, as part of its two-year corporate strategy, embarked on an aggressive recovery exercise, leading to the successful recovery...

Chinese mining company to acquire Ghana’s Akyem gold mine from Newmont in $1 billion deal

China's Zijin Mining Group is poised to acquire the Akyem gold mine project in Ghana from US-based Newmont Corporation in a $1 billion deal. The...

‘Eyes In Dubai’ strengthens African presence with new Johannesburg branch

Eyes In Dubai, a leading travel agency renowned for connecting travellers to the luxurious and adventurous side of Dubai, has taken a significant step...

Goil probes claims of fuel pump tampering at Atimpoku branch

Goil Plc has launched an investigation into allegations of fuel pump tampering at its Atimpoku branch in the Eastern Region after a video of...

Cedi to record stability in near term; one-dollar equals GH¢16.40

The Ghana cedi will record stability in the near term, helped by Moody's upgrade of Ghana’s credit rating and the expected US$360 million inflow...

Inflation to end 2024 at 23.2% but to nose dive to 11.5% in 2025 – World Bank

Ghana’s inflation is expected to end 2024 at 23.2%, the World Bank has disclosed in its October 2024 Africa Pulse Report. The year-on-year inflation is...

IES backs calls to merge PURC and Energy Commission

The Institute of Energy Security (IES) has endorsed the growing calls for a merger between the Public Utilities Regulatory Commission (PURC) and the Energy...

Cedi, naira among 4 worst performing currencies in Sub Saharan Africa in 2024 – World Bank

The Ghana cedi and three other currencies are the worst-performing currencies in Sub-Saharan Africa (SSA) in 2024, the World Bank’s October 2024 Africa Pulse...

National Pensions Regulatory Authority joins Okyenhene’s 25th anniversary celebration

The National Pensions Regulatory Authority (NPRA) over the weekend, joined the people of Akyem Abuakwa in celebrating the 25th anniversary of Osagyefuo Amoatia Ofori...

Grand finale of 2024 Stemnnovation starts today; ends on Wednesday

The grand finale of the 2024 Stemnnovation competition, Ghana’s premier national STEM contest for second-cycle institutions, begins today at the Ohene Konadu Auditorium on...

Government resumes Eurobond debts servicing after completion of exchange programme with investors

Government has resumed servicing its Eurobond debts after the completion of the exchange programme with bondholders last week. JOYBUSINESS understands that a total amount of...

T-bills auction: Government records marginal oversubscription; but interest rates rise

The government recorded a marginal oversubscription of treasury bill sales after three weeks of failing to meet its target. This is coming after the International...

MTN Ghana reaffirms commitment to deliver exceptional customer service

MTN Ghana has reaffirmed its commitment to delivering exceptional customer service driven by innovative tech solutions during the 2024 Customer Service Week. In a statement...

Cocoa smuggling taskforce seizes 100 bags in Old Akrade

The Anti-Cocoa Smuggling Taskforce of the Ghana Cocoa Board (COCOBOD), in collaboration with national security, has apprehended a driver and a mate at old...

Brazil orders closure of 2,000 betting sites amid citizens running into debt

Brazil on Friday began closing down more than 2,000 betting sites, including those that sponsors popular football team Corinthians and other first division clubs,...

Kwahumanhene resigns as ADB Board Chair following extortion allegations

The Kwahumanhene, Daasebre Akuamoah Agyapong II has resigned as the Board Chairman of the Agricultural Development Bank (ADB). The resignation which takes immediate effect follows...

Akyem Mine – Past, Present, and Future… A Journey of Growth and Development, and Future of Prosperity

The Past The Akyem Mine, located in the Birim North district of the Eastern region of Ghana, was conceived through exploration activities by Normandy Mining...

BoG eCedi wins innovation in digital currency design award

The Bank of Ghana has been adjudged the winner of the Innovation in Digital Currency Design for Financial Inclusion by Currency Research. This occurred at...

We expect foodstuff prices to drop by more than 50% in coming months – Agric Minister

The Minister for Food and Agriculture, Dr. Bryan Acheampong is projecting prices of foodstuffs will go down by more than 50 percent in the...

90% of non-sovereign bondholders have tendered their bonds – ESLA

ESLA has announced that approximately 90% of non-sovereign bondholders have successfully tendered their bonds. This follows an announcement on September 16, 2024, to buy back...

‘Retired and Forgotten’ – Pensioner Eurobond Holders plead for exemption amid Ghana’s $5bn debt forgiveness

In response to recent remarks by the Finance Minister regarding Ghana’s Eurobond debt restructuring, a group of pensioner Eurobond holders in Ghana has voiced...

MTN shows commitment to sustainability through project zero

MTN Ghana's Chief Corporate Services and Sustainability Officer, Adwoa Afriyie Wiafe, has emphasized the company’s dedication to sustainability through its Project Zero initiative and...

Elon Musk reveals Tesla’s Robotaxi and Robovan

Elon Musk showed off Tesla's upcoming driverless taxi at its "We, Robot" on Thursday evening. The unveiling took place on a lot in Warner Bros. Discovery's movie...

‘I don’t know where they got their data from’ – Agric Minister questions Statistical Service food price report

Food and Agriculture Minister Bryan Acheampong has expressed scepticism about recent data released by the Ghana Statistical Service (GSS) on food prices and inflation,...

AfCFTA: Disbursement of $1bn Adjustment Fund expected to commence early 2025

The African Continental Free Trade Area (AfCFTA) is expected to commence the disbursement of its adjustment fund to Ghana or any other member state...

NCA launches ECOWAS “Free Roaming Initiative” in Ghana, Benin, Togo

The National Communications Authority (NCA) has started implementing the ECOWAS “Free Roaming Initiative” to reduce the cost of telecommunication services for citizens travelling outside...

SSNIT pays GH¢400m monthly to over 300,000 pensioners to combat old-age poverty

The Social Security and National Insurance Trust (SSNIT) reports that it disburses approximately GH¢400 million each month to over 300,000 pensioners, as part of...

PETROSOL launches “Energizing Dreams Promo” to celebrate 10th anniversary

PETROSOL Platinum Energy Ltd, a leading energy company, has launched a nationwide promotional campaign dubbed "Energizing Dreams Promo" to commemorate its 10th anniversary. The six-month-long...

No need for fear and panic, we have enough LPG – NPA assures

The National Petroleum Authority (NPA) has stated that there is enough Liquefied Petroleum Gas (LPG) in the country. According to the Authority, it does not...

ECG recording $67m in revenue losses every month – ACEP

The Africa Centre for Energy Policy (ACEP) has raised alarms over the mounting debt in Ghana's energy sector, revealing that the country is accumulating...

Galamsey: Ban on Ghana’s agric exports imminent – Importers and Exporters Association

The Importers and Exporters Association of Ghana has raised concerns about the serious threat illegal mining poses to the country’s agricultural exports. The Association warns...

Man denies being mysterious inventor of Bitcoin

A new documentary claims to have solved the greatest mystery in cryptocurrency: the true identity of the inventor of Bitcoin. The question has captivated the...

UTAG declares indefinite strike, demands nationwide ban on mining in forest reserves

The University Teachers Association of Ghana (UTAG) has declared an indefinite strike, effective October 10, 2024, following an overwhelming vote in favour of industrial...

T-bills auction: Government borrowed GH¢23.6bn in September 2024

The government borrowed GH¢23.6 billion across the 91-day to 364-day treasury bills in September 2024. This represented a 24.7% increase over that of August 2024. Although...

Newmont to sell Akyem operation to Zijin Mining for $1bn

Newmont Corporation has announced plans to sell its Akyem operations to Zijin Mining Group Co., Ltd. under a definitive agreement for cash consideration of...

Mastercard Foundation and Agri-Impact Limited tour Happy project sites

A joint team from the Mastercard Foundation and Agri-Impact Limited visited implementation sites of the Harnessing Agricultural Productivity and Prosperity for Youth (HAPPY) Programme...

Insurance Brokers’ services are free to clients; use them – IBAG advises public

The Insurance Brokers Association of Ghana (IBAG) has warned of a growing trend where non-professional institutions, particularly financial institutions, are selling insurance products, often...