Terminate GRA/SML deal – Manasseh Azure
Investigative journalist, Manasseh Azure Awuni has called for a complete dissolution of the contentious revenue mobilisation deal between the Ghana Revenue Authority (GRA) and...
Ministry of Foreign Affairs commences 3rd Made-in-Ghana Bazaar
The third edition of the Made-In-Ghana Bazaar organised by the Ministry of Foreign Affairs and Regional Integration has taken off today, May 23, 2024.After...
SML owes GRA GH¢31.88m tax – KPMG Report
The full KPMG report released by President Akufo-Addo on Wednesday has revealed that Strategic Mobilisation Ghana Limited (SML) owes the Ghana Revenue Authority (GRA)...
Ghana retains 10th position with lowest fuel price in Africa
Despite the cedi's depreciation to the US dollar, Ghana retained its 10th position with the lowest fuel price in Africa in May 2024, GlobalPetrolPrices.com has revealed.Accordingly,...
Oil marketing companies to hold crunch meeting with tanker drivers today
The Association of Oil Marketing Companies (AOMC) says it will hold a crunch meeting with the Ghana National Petroleum Tanker Drivers Union (GNPTDU) today...
I pledge to boost GRA’s revenue, maintain business-friendly approach – Joe Ghartey
The newly appointed Board Chair of the Ghana Revenue Authority (GRA), Joe Ghartey, has committed to diligently working towards achieving the government’s revenue targets...
SML changed name from SMEL after PPA refused single-source approval – KPMG Report
KPMG's audit report on the Ghana Revenue Authority (GRA) contract with Strategic Mobilisation Ghana Limited (SML) has revealed the latter changed its name from...
Some key findings in KPMG audit report on GRA-SML deal
President Akufo-Addo has released the full report on the KPMG audit on the contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited...
Ghana faces oil depletion in 15 years if production decline persists
The Co-chair of the Ghana Extractive Industry Transparency Initiative has revealed that Ghana’s oil fields are peaking, leading to a decline in crude oil...
Chief Justice urges ‘kayayei club’ members to leverage existing educational opportunities
Chief Justice Gertrude Torkornoo has urged head porters, popularly known as kayayei, to leverage existing educational opportunities to improve themselves.She advised the young girls...
We’ve been sounding alarm on Ghana’s crude oil production decline since 2018 – PIAC
Technical Manager of the Public Interest and Accountability Committee (PIAC), Mark Agyemang, has revealed that they have been warning of a decline in crude...
Kenyan President Ruto makes historic US state visit: First African leader in 15 Years
Kenyan President William Ruto will become the first African leader in more than 15 years to make an official state visit to the US.
This...
Full report of KPMG audit on GRA-SML contract
President Akufo-Addo has released the full report on the KPMG audit on the controversial contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation...
Akufo-Addo appoints Joe Ghartey as GRA Board Chair
Former Railways Minister, Joe Ghartey has been appointed by President Akufo-Addo to the Chairman of the re-constituted Board of the Ghana Revenue Authority (GRA).Other...
Tanker drivers’ strike must be resolved immediately to avert fuel shortage – AOMC
The Association of Oil Marketing Companies (AOMC) has expressed deep concern regarding the strike action by the Ghana National Petroleum Tanker Drivers Union (GNPTDU)...
Govt’s excessive borrowing driving banks into fiscal struggles – Dr. Atuahene
A banking consultant, Dr. Richmond Atuahene, has raised alarm regarding the government's extensive borrowing practices.He said these actions are not only eroding the financial...
Ghana’s crude oil production in decline
Ghana's crude oil production saw a decrease of 6.78% in 2023, contributing to an average annual decline of 9.2% over the past four years,...
Tanker drivers strike: COPEC warns of possible fuel shortage
The Chamber of Petroleum Consumers (COPEC) has warned of a potential fuel scarcity should the ongoing concerns of the striking Ghana National Petroleum Tanker...
Joint taskforce seizes 3 trucks of smuggled vegetable oil in Accra
A joint task force, led by the Tree Crop Development Authority (TCDA), has intercepted three Man Diesel cargo trucks containing smuggled cooking oil at...
Cedi fall: Abossey Okai spare parts dealers to increase prices
The Abossey Okai Spare Parts Dealers Association has announced a potential price increase starting next week due to the depreciation of the cedi.Customers should...
Public officials shouldn’t go anywhere near state assets being sold – Ablakwa
North Tongu MP Samuel Okudzeto Ablakwa has accused Agriculture Minister Bryan Acheampong of violating the constitution and abusing his power as a state official.He...
TUC presses for increased power on SSNIT board to oppose Bryan Acheampong, other deals
The Trades Union Congress (TUC) has advocated for a majority of representation on the Social Security and National Insurance Trust (SSNIT) Board to exert...
Crude oil production dropped from 71.44m to 48.25m barrels in 2023 – PIAC Report
A report by the Public Interest and Accountability Committee (PIAC) has said that crude oil production in Ghana declined for the fourth consecutive year...
Interest on business loans hitting 50%, with no bank offering rates below 30%
The cost of credit to companies in Ghana remains elevated, with all banks in the country unable to offer corporate loans at rates below...
Improve energy sector governance to address power challenges – IMF to Ghana
The International Monetary Fund (IMF) has urged Ghana’s government to improve the country’s energy sector governance architecture to address the challenges that have contributed...
Mobile money accounts with commercial banks hit GH¢18.69bn in March 2024
The 2024 Fintech Sector Report released by the Bank of Ghana has shown that the total value of mobile money accounts with commercial banks...
Prepare to pay more for petroleum products at pumps – COPEC
The Chamber of Petroleum Consumers (COPEC) has warned the public to prepare to pay more for fuel at the pumps in the coming weeks...
Cedi depreciation pressures slowdown on improved foreign exchange liquidity
The depreciation pressures on the cedi have slowed down as a result of improved foreign exchange (FX)liquidity, particularly the US dollar.This follows significant intervention...
Bond market: Total market turnover rebounds to GH¢762.41m
Trading activity on the secondary bond market activity more than doubled in last week’s sessions.The total volume of transactions increased by 2.48 week-on-week to...
BoG grants Zeepay approval for outbound money transfer
Fintech business Zeepay, has secured regulatory approval from the Bank of Ghana for its outbound money transfer service.This service enables cross-border payments from Ghana...
NPA increases price floor for diesel to GH₵13.15; petrol reduced to GH₵13.60
The National Petroleum Authority (NPA) has announced new price floor for oil marketing companies and other players selling petroleum products from May 15 to...
Government defends proposed tax on big tech revenues
The Ghanaian government has justified its proposed tax on revenues generated by large technology firms such as Google, YouTube, and Facebook within the country.This...
IEA outlines measures to stabilise Ghana’s “bleeding” cedi
The Institute of Economic Affairs (IEA) has proposed several strategies to stabilize the depreciation of the Cedi.They stressed the need for immediate and concurrent...
Directive to halt cement prices in bad taste; will be difficult to implement – Gov’t told
The Executive Secretary of the Ghana Real Estate Development Association (GREDA), has downplayed the feasibility of the government’s directive for the reversal of cement...
Cement prices: Just don’t sit and issue directives – GREDA Executive Secretary to gov’t
The Executive Secretary of the Ghana Real Estate Development Association (GREDA), Sammy Amegayibor urged the government to be proactive in handling the recent cement...
Minority demands forensic audit of World Bank, GARID operations
The Member of Parliament for Ho West, Emmanuel Kwasi Bedzrah, has called for a forensic audit into the operations of the World Bank’s country...
Faulty undersea cables fixed; Telcos call for better cable infrastructure protection
Following the recent repair of undersea cables that disrupted internet connectivity in March 2024, stakeholders are urging the government to strengthen the protection of...
PETROSOL appoints former CEO of VALCO as its Board Chairman
PETROSOL has appointed Daniel Acheampong, a distinguished corporate leader and former Chief Executive Officer of Volta Aluminium Company Ltd (VALCO), as its Board Chairman.He...
1D1F: Check out full list of $335m tax waiver 42 beneficiary companies
The list of 42 companies to benefit from approximately $335,072,712.13 tax exemptions under the One District One Factory (1D1F) initiative has popped up.The Exemptions Act,...
We make less than GH₵2 profit on a bag of cement – Distributors
The Chairman of the Association of Cement Distributors, Alhaji Abdul Razak Yahaya has expressed worry over the recent price hikes in cement products.Alhaji Razak...