Bawumia attributes ECG revenue surge to digitalization, from ¢450m to over a billion
Vice President Dr Mahamudu Bawumia has revealed a significant surge in revenue collection at the Electricity Company of Ghana (ECG), attributing the boost to...
Piano-crushing ad: Apple responds to criticism with apology
Apple has apologized after a backlash over an advert that showed objects, including musical instruments and books, being crushed by a hydraulic press.Apple said...
IMF forecasts growth surge for sub-Saharan Africa
The deputy director of the Africa Department at the International Monetary Fund (IMF), Catherine Pattilo, expressed optimism about the economic prospects of sub-Saharan Africa...
Not wearing panties fast becoming vogue among Ghanaian women
It is fast becoming the new vogue for many women in Ghana to avoid wearing panties underneath their casual and formal attires.
A significant number of both...
Societe Generale Group initiates strategic review of Societe Generale Ghana
The SocieteGenerale Group says it has initiated a strategic review of SocieteGenerale Ghana.This comes barely 24 hours after the Managing Director of Societe Generale...
OmniBSIC offers lowest interest rate on loans to SMEs – BoG
A new report by the Bank of Ghana has shown that OmniBSIC Ghana Ltd provided the lowest interest rate of 33.06 percent on loans...
E-cedi will be ultimate weapon in corruption fight – Bawumia
Vice President, Dr. Mahamudu Bawumia has unveiled the government's agenda to introduce the E-cedi, highlighting its potential to combat money laundering and various forms...
PDS scandal: US shuts down $190m compact with ‘no immediate plans to work in Ghana again’
The Millennium Challenge Corporation has confirmed to JoyNews that despite the prevailing power crisis, it has no “immediate plans to work again in Ghana”...
E-VAT boosts revenue by 32%
The Ghana Revenue Authority (GRA) has refuted rumours suggesting that the piloting of its electronic Value Added Tax (e-VAT) invoicing system has resulted in...
60 women benefit from Impact Group’s “Learn A Skill Project”
Sixty women residing in the Ayawaso West Municipal Assembly Area of Accra, Ghana, have recently reaped the rewards of a two-day skills development project.These...
Bawumia to establish equipment plant pool to support small scale miners
The flagbearer of the NPP, Dr. Mahamudu Bawumia, has pledged to establish common-user processing facilities in various mining districts across the country if elected...
Akufo-Addo to order release of KPMG report
A source at the office of the President has confirmed that, President Akufo-Addo is set to authorize the release of the KPMG audit report...
367 agric students and beginner agribusinesses set for 7th edition of Ag-Stud bootcamp
Approximately Three Hundred and Sixty-Seven (367) agricultural students and beginner agribusinesses from various agricultural colleges, farm institutes, and universities across Ghana have been selected...
GRA addresses reports of billions lost in E-VAT revenue
The Ghana Revenue Authority (GRA) has responded to reports claiming that the nation has lost billions in revenue due to the implementation of the...
Outcry in Nigeria as government introduces money transfer levy
Many Nigerians have condemned the introduction of a new levy on electronic banking transactions, with some saying it will push them back to using...
Ghana Stock Exchange reaches record GH¢80billion market capitalization
In April 2024, the market capitalization of the Ghana Stock Exchange (GSE) surged to an unprecedented GH¢80.20 billion, marking a significant milestone.This remarkable increase...
Société Générale denies exiting Ghana
French-based multinational financial services company, Société Générale, has dismissed rumours suggesting it's pulling out of the Ghanaian banking sector.It has described the rumour as...
T-bills: Government borrowed GH¢15.60bn in April 2024
The government borrowed GH¢15.60 billion via treasury bills in April 2024.This is 21.61% lower over March 2023.The government underperformed its target in four out...
April 2024 inflation declines marginally to 25 percent
Inflation for April 2024 has declined marginally to 25 percent from the 25.8 percent recorded in March 2024.By this, the inflation rate for April...
Akufo-Addo commits to aiding local manufacturing firms
President Nana Akufo-Addo has assured local manufacturing companies in Ghana of government's commitment to providing necessary support, especially in light of recent economic challenges.He...
Official: Nigeria has no plans to host American, French military bases
The Nigerian government said on Monday that it has no plan to host foreign military bases within its borders.Information Minister Mohammed Idris described as “false alarms”...
Behind-the-Scenes maestro Nana Kwasi Koranteng Obeng propels Ghana’s music industry to global heights
In the bustling streets of Accra, Ghana, the music industry is abuzz with the latest hits and rising stars.Amidst the spotlight, there's one man...
BoG denies imposing 1% cybersecurity levy on transactions
The Bank of Ghana (BoG) has refuted claims of implementing a one percent cybersecurity levy on banking transactions, which has gone viral on social...
We’re committed to protecting depositors’ funds – BoG Governor
The Bank of Ghana (BoG) says it will continue to closely monitor and regulate financial institutions in the country to ensure the stability and...
Full Year 2023: UBA gross earnings rises by 143% YoY, profit hits $1.06bn
Declares 0.24 cents Final Dividend
Total Assets Rise by 90.2% to $21.7 billion
Shareholders’ Funds Hits $2.1bn, achieving an impressive growth of 120.2%.In...
Revise tax systems to save businesses – FABAG tells gov’t
The Foods and Beverages Association of Ghana (FABAG) has called on the government as a matter of urgency to revise the tax systems in...
Absa Bank launches money matters initiative to bolster financial literacy among the youth
In a move to address critical gaps in financial literacy among Ghana’s youth, Absa Bank Ghana has unveiled its Money Matters Initiative.Launched at a...
Ghana, EU to deepen trade ties
The EU is ready to invest more in the EU-Ghana partnership, despite the prevailing difficulties confronting both sides.The Head of the European Union (EU)...
Exit of multinational companies: Banking expert sends SoS to gov’t
A banking consultant and finance expert, Dr Richmond Atuahene has said the exit of multinational companies from Ghana should be a wake-up call for...
Locked-up funds: Investors to picket Finance Ministry again over unreleased funds until November
The Locked-up Investment Holders Forum has announced plans to stage a series of pickets at the Ministry of Finance.This decision comes after unsuccessful attempts...
Cedi depreciation has been lower under NPP govt – Bawumia
Flagbearer of the New Patriotic Party, (NPP), Dr Mahamudu Bawumia says the current value of the cedi against the dollar is an improvement compared...
Legal systems must work efficiently to improve financial development – First Female Economics Professor
An Economics lecturer at the Kwame Nkrumah University of Science and Technology, Prof. Grace Asante Nkansa, is requesting that the government and the judiciary...
GRA destroys millions of tobacco products in Tamale
The Customs Division of the Ghana Revenue Authority (GRA) has destroyed millions of tobacco products seized from Pulmakom and Tamale in the Upper East...
Here is the list of the top gold producers of 2023
A report by the United States Geological Survey has revealed that over 3,000 tonnes of gold were produced globally in 2023.China, Australia, and Russia...
GRA terminates 2 SML contracts
The Ghana Revenue Authority (GRA) has terminated two of its contracts with Strategic Mobilisation Ghana Limited (SML).These are the transaction Audit and External Verification...
More businesses are working to move out of Ghana – Food and Beverages Association
More businesses are working on moving out of Ghana and also cut down on their workforce as part of measures to deal with the...
Fuel price adjustment: Petrol surges to GH₵15.22, diesel falls to GH₵14.65
Some of the Oil Marketing Companies (OMCs) have started increasing prices of some petroleum products at the pumps from this morning.Market Leader GOIL is...
Asantehene worried over brain drain in African contemporary arts
The Asantehene, Otumfuo Osei Tutu II is worried Ghana and by extension the African continent are losing out on the prospects and economic gains...
CEO of Equity Health Insurance honoured at ‘Entrepreneurship with Bola Ray’
Chief Executive Officer of Equity Health Insurance, Elton Fedrick Afari has been honoured together with other mentors at the prestigious ‘Entrepreneurship with Bola Ray’...
Analysts predict cedi stability by mid-year
Market analysts at GCB Capital are expressing optimism about the cedi's trajectory for the remainder of the year, foreseeing a stabilization by mid-2024.The Ghanaian...