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...
IMF programme blamed for the cedi’s decline
Professor Godfred Bokpin, an economist and finance expert, has attributed part of the cedi’s depreciation to the International Monetary Fund’s (IMF) programme with Ghana.He...
Hackers use AI-generated video to scam British firm of $25 million
A finance worker at a multinational firm became ensnared in a deepfake fraud scheme, resulting in a loss of $25 million (equiv. 356,305,500.00 Ghanaian...
IMF programme blamed for the cedi’s decline
Professor Godfred Bokpin, an economist and finance expert, has attributed part of the cedi’s depreciation to the International Monetary Fund’s (IMF) programme with Ghana.He...
Banks deny engaging in practices contributing to cedi’s depreciation
The Managing Director and Chief Executive of FirstBank Ghana, Victor Yaw Asante has rejected claims that some banks are actively engaged in practices that...
AfDB warns about high level of debt facing African countries
The African Development Bank (AfDB) is warning about the higher level of debt that African countries are carrying even before the onset of the...
Minority rejects govt’s call to halt cement price hikes
The Minority in Parliament has dismissed the government's directive to halt the increase in cement prices, calling it unrealistic and unlawful.This follows a directive...
Patronise local tourism to stabilise Cedi – Deputy Finance Minister to Ghanaians
Deputy Finance Minister Dr. Stephen Amoah has emphasised the importance of leveraging domestic tourism to stabilise the depreciating cedi.He is thus urging stakeholders in...
Central Bank completes first proof of concept as part of Project DESFT
The Bank of Ghana (BoG) has completed the first Proof Of Concept (POC) as part of Project Digital Economy Semi-Fungible Token (DESFT).It demonstrates the...
Govt will act to prevent cedi from depreciating to GH¢18 per dollar – Currency Analyst
Currency Analyst Collins Appiah has expressed confidence that the Ghanaian government will take measures to prevent the cedi from depreciating to GH¢18 against the...
Depreciating Cedi to erode projected fuel price reduction
Despite the global decline in petroleum prices, fuel consumers in Ghana are unlikely to reap the benefits of expected decreases at the pump.The rapid...
We don’t calculate customs duties in foreign currency – GRA clarifies
The Ghana Revenue Authority (GRA) has refuted claims that it computes customs duties in foreign currency, calling such allegations baseless and inaccurate.In a press...
Ghana Shippers’ Authority takes steps to reduce the cost of cargo clearance
The Ghana Shippers' Authority (GSA) has initiated processes to develop Unique Value prepositions tailored to various categories of shippers towards addressing the recurring issue...
Reverse immediately the increase in cement prices – Trade Minister to manufacturers
The Minister for Trade and Industry, Kobina Tahir Hammond, has ordered the Cement Manufacturing Development Committee (CMDC) to direct cement manufacturers in the country...
Conflicts in neighbouring countries threaten Ghana’s food security – Report
Ghana is considered an area of concern for food insecurity for the first time since the inception of the Global Report on Food Crisis...
NPA devises ways to stabilise price of gas
The National Petroleum Authority (NPA) has implemented strategies to eliminate huge jump in the price of Liquefied Petroleum Gas (LPG) due to the implementation...
Cedi depreciation shot up cement prices – COCMAG
The Chamber of Cement Manufacturers (COCMAG) has justified the recent price hikes in cement products.According to the chamber, the increase in the prices is...
Government’s revenue-mobilisation approach worsens inequality – Prof Bokpin
Economist, Professor Godfred Bokpin has urged a reconsideration of the government's revenue-raising strategies.According to him, the current approach exacerbates inequality among the general population.He...
Order your appointees to release FX stashed in their homes – Ato Forson to Akufo-Addo
Minority Leader, Dr Cassiel Ato Forson, has called on President Akufo-Addo to promptly instruct his appointees who have hoarded foreign exchange to release them.He...
My fans to earn money forever – Sarkodie on new music deal
Ghanaian rapper, Sarkodie says his new Opulous app deal where fans can own shares in his music will make them rich forever.According to him,...
Trade Minister stops cement price hikes
The Minister for Trade and Industry, K. T. Hammond, has taken a decisive action to address the recent surge in cement prices by directing...
Government seeks to transform Ghanaian SMEs into millionaire companies
The government has committed to an ambitious vision to transform Ghanaian Small and Medium-sized Enterprises (SMEs) into millionaire companies.It intends to increase financing for...
Africa offers a fertile ground for Fintech startups to grow – Bawumia
Vice President, Dr Mahamudu Bawumia has asserted that with Africa’s exponential growth in mobile phone connectivity and internet penetration, the continent provides a fertile...
Cedi depreciation: How $1 reached GH₵15
The Minority has expressed concerns that the current challenges facing the Ghana cedi are far from resolved, warning that the situation is expected to...
Financial inclusion key to Africa’s development – Deputy Governor of BOG
Elsie Addo Awadzi, Second Deputy Governor of the Bank of Ghana (BoG), has urged policymakers and stakeholders in Africa’s financial inclusion ecosystem to prioritize...
NDC will probe gold-for-oil deal if we win 2024 polls – Mahama
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has said he will probe the gold-for-oil deal if he is elected President...
Market sentiments contributing to cedi depreciation – Lord Mensah
Economist at the University of Ghana Business School, Prof Lord Mensah has attributed the current depreciation of the cedi to market sentiment.According to him,...
Ghana’s economy rebounding strongly – Finance Minister insists
The Minister of Finance, Dr Mohammed Amin Adam, has reiterated the government's commitment to a robust economic recovery during his address as the special...
Sarkodie gives fans opportunity to own shares in his music [Video]
Rapper, Sarkodie took to Twitter today to announce an exciting collaboration with Opulous App, offering his loyal fan base, affectionately known as "SarkNation," the...
Fitch revises outlook on Zenith, Access, 3 others to positive
Fitch Ratings has revised the Outlook on the Long-Term Issuer Default Ratings (IDRs) of five Nigerian banks and one bank holding company to positive...
Quit dancing off-beat and fix the Cedi – Ato Forson tells Bawumia
The Minority says that the current challenges facing the Ghana Cedi are far from resolved, and the situation is expected to worsen.With the local...
Minority blames BoG, govt, for cedi depreciation causing collapse of businesses
The Minority blames the Bank of Ghana (BoG) and the government for the cedi's depreciation, which they claim is causing the collapse of businesses.At...
Ghana’s TVET sector enhances employability through industry partnerships: GIZ and CTVET lead the way
The Commission of Technical Vocational Education and The German Development Cooperation (GIZ) have stressed the importance of continuous collaboration and industry involvement in Ghana's...
BoG makes significant progress on eCedi roll out – 1st Dep. Governor
The First Deputy Governor of the Bank of Ghana (BoG), Dr. Maxwell Opoku-Afari, has revealed that the central bank has made some significant progress...
Producer Price Inflation shoots up to 16.8% in April 2024
The Year-on-year inflation rate at ex-factory prices for all goods and services was 16.8% in April 2024, the Ghana Statistical Service has reported.This is...
GRA intensifies efforts to expand tax net in informal sector, punish tax evaders
The Ghana Revenue Authority is intensifying efforts and commitment to expand the tax net in the informal sector under the modified tax system and...
Cedi fall: Duties on imported cars paid in dollars – Automobile Dealers Union
The importation of used cars into Ghana faces a significant financial obstacle because of the government's policy requiring import duties to be paid in...
Illegal mining could cost Ghana its coveted cocoa producer status – GAWU
The General Agricultural Workers Union (GAWU) has warned that Ghana could lose its enviable position as the second leading cocoa producer in the world...
Atlantic Lithium celebrates listing on Ghana Stock Exchange
Atlantic Lithium Limited on Monday, May 13, celebrated becoming the first lithium company to list on the Ghana Stock Exchange (GSE) at a ceremony held on the...