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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...

Organized Labour accused of meddling in politics over galamsey demands

A senior lecturer at Kumasi Technical University (KsTU) has accused Organized Labour of deviating from its core mandate and meddling in politics with its...

Oil prices rise amid Gulf tensions

Crude oil prices have started an upward ride, following heightened tensions in the Middle East and the Gulf states. The prices, which eased from the...

Cocoa Carriers Association halts indefinite strike

The leadership of the Cocoa Carriers Association has decided to suspend its indefinite sit-down strike, which started on Monday, October 7. This comes after a...

Cedi recovers slightly against dollar, others; One dollar going for GH¢16.22

The Ghana cedi recovered slightly against the US dollar and the other major foreign currencies last week. This follows announcement that Ghana had secured a...

Bond market: Trade volumes drop 15.56% to GH¢609m for 2nd consecutive week

Trade volumes in the secondary bond market declined for the second consecutive week to GH¢609 million, down from GH¢722 million. Activity remained concentrated at the...

MTN Launches Yello Biz To Boost The Operations Of SME At Ghana Industrial Summit

MTN Ghana has launched an all-new package of Technology solutions to boost the operations of SMEs in Ghana. Dubbed Y’ello Biz, SME operators will benefit...

BOST named among Africa’s top 50 innovative public sector agencies

At the prestigious 5th edition of the Africa Public Sector Conference and Awards (APSCA) 2024, held in Gaborone, Botswana, Ghana’s Bulk Energy Storage and...

Ghana Chamber of Telecommunications unveils campaign to curb fibre damage

The Ghana Chamber of Telecommunications has warned that the growing fibre optic cable cuts threaten the national fibre stability. The Chamber urged the government and...

T-bills auction: Government misses target again; interest rates fall

The government missed its treasury bills target again as liquidity remained tight on the money market. According to the auction results from the Bank of...

High tax rates hindering growth in Ghana’s petroleum industry – Deloitte Report

Tax-related challenges continue to pose significant threats to Ghana’s petroleum industry, according to Deloitte’s October 2024 Oil and Gas Industry Survey. The report reveals that...

Cocoa Carriers Association to begin indefinite sit-down strike today

The leadership of the Cocoa Carriers Association has instructed its members at the Tema, Takoradi, and Kumasi depots of the Cocoa Marketing Company Limited...

Taylor Swift becomes richest female musician with net worth of $1.6 billion

Taylor Swift has surpassed Rihanna to become the world’s richest female musician, with a net worth estimated to be a whopping $1.6 billion. Swift’s ascent was confirmed on...

5 Nobel-worthy discoveries that haven’t won the prize

The best minds in science will be thrust from academic obscurity into the spotlight next week when the Nobel Prizes in physics, chemistry, and...

NK-Salem Creative Hub: A dynamic space for creative professionals

NK-Salem Creative Hub has established itself as a forward-thinking powerhouse in the creative and tech industries, offering a range of services designed to foster...

Does Ghana’s monetary policy rate predict outcome of presidential elections?

The Monetary Policy Rate (MPR) is a key tool used by central banks to control inflation and influence the cost of borrowing in an...

Implementation gaps hinder business climate in 50 economies – World Bank

Economies do better at enacting regulations to improve the national business climate than they do in providing the public services needed to secure actual...

Ghana saves $5bn from Eurobond debt restructuring

In a significant move towards economic recovery, Ghana has successfully completed its Eurobond debt exchange, restructuring $13 billion of its external debt. This achievement follows...

Ghana’s progress on debt restructuring remarkable – IMF

Ghana has made remarkable progress on its public debt restructuring, the International Monetary Fund(IMF) has stated in its Third Review of Ghana’s Economic Facility...

Ghana loses $2.4bn to galamsey annually – Prof. Bokpin

A professor of Economics and Finance at the University of Ghana Business School, Prof Godfred Bokpin has revealed that the state loses more than $2.4...

NEIP disburses GH¢3m grant to 5th season Presidential Pitch winners

The National Entrepreneurship and Innovation Programme (NEIP) has awarded a GH¢3 million grant to winners of the 5th season of the Presidential Pitch. This initiative,...

Winners of the 5th edition of the Presidential Pitch applaud Akufo-Addo

The winners of the 5th edition of the Presidential Pitch have expressed their gratitude to the President for the initiative, which aims to empower...

IMF reaches Staff-Level Agreement on third review with Ghana

An International Monetary Fund (IMF) team, led by Mission Chief for Ghana, Stéphane Roudet, has reached a Staff-Level Agreement on the Third Review of...

Significant number of Eurobond holders opt for disco option in debt restructuring deal

A significant number of bondholders who participated in the Eurobond Debt Exchange Programme opted for the disco menu of new notes. This means that the...

We are back to capital market after restructuring $13bn Eurobond debt – Finance Minister

The Minister of Finance, Dr. Mohammed Amin Adam has indicated that Ghana is back on the international capital market, following the successful conclusion of...

Ghana places 4th in Africa with highest outstanding debt to IMF

Ghana placed 4th in Africa with the highest outstanding debt to the International Monetary Fund, the Fund’s 2024 Quarterly Financial Statement has revealed. The country’s...

All you need to know about the Ghana Gold Coin

Ghana is set to introduce its highly anticipated Ghana Gold Coin (GGC), giving residents a new avenue for investment. Dr. Steve Opata, an advisor at...

ADB wins big at CIMG Customer Satisfaction event

The Agricultural Development Bank (ADB) PLC has received several 5-Star ratings at the Chartered Institute of Marketing Ghana (CIMG) Customer Satisfaction Survey Index Report...

Eurobond Debt Exchange Programme: Gov’t secures more than 90% participation

The government has secured significant participation from investors in the Eurobond Debt Exchange Programme. This is what Joy Business has picked up from persons familiar...

OpenAI value surges to $157bn in funding deal

OpenAI, the maker of ChatGPT, has raised $6.6bn in its latest funding round, as investors including its early backer Microsoft continue to bet big...

The People’s Forum: Traders in Nsawam market lament low patronage amid high prices

Traders and buyers at the Nsawam cassava and plantain market in the Nsawam-Adoagyire Municipality of the Eastern Region have expressed concerns over low sales...

Address shifts in food supply, agric labour as a result of climate change effects – GSS to Gov’t

The Government Statistician, Professor Samuel Kobina Annim has asked government to address shifts in food supply and agricultural labour due to climate change effects. He...

BoG to auction $120m to BDCs in quarter 4, 2024

The Bank of Ghana will auction $120 million to Bulk Oil Distribution Companies (BDCs) in the fourth quarter of 2024. This is the same amount...

Increases in food prices will continue – GAWU warns

The General Agriculture Workers Union (GAWU), is predicting food prices will continue to surge in the coming months despite government’s policy intervention. This follows the...

Proper recycling of electronic materials is central to combating climate change – CEO of Electro Ghana Limited

The Chief Executive Officer of Electro Ghana Limited, Nana Yaw Konadu, has revealed that proper recycling of electronic materials is central to combating the...

Inflation rises marginally to 21.5% for September

The inflation rate for September 2024 increased to 21.5 percent from 20.4 percent in August. This rise is due to an increase in food inflation,...

Dry spell: Gov’t set to distribute food grants to over 800k farmers

The government will from October 10, 2024, distribute food grants to over 800,000 farmers affected by the dry spell that hit the northern and...

Nacasky achieves record revenue and customer milestones

Nacasky Company Limited, a leading IT solution provider, has reached significant milestones since partnering with Intercity STC and other transport organisations. The company has generated...

Ghana faces increased cocoa smuggling risk as Ivory Coast raises farmgate prices

Ghana is at a heightened risk of cocoa smuggling following the Ivory Coast’s recent decision to raise its farmgate price for cocoa, surpassing Ghana's...

Get licensed or shut down – Trade Minister directs cement producers

The Minister of Trade and Industry, K. T. Hammond, has directed cement manufacturers to secure licences or halt production immediately. The minister issued the directive...