Taxation driving away investors – FABAG General Secretary
The General Secretary of the Ghana Food and Beverages Association of Ghana (FABAG), Samuel Aggrey, has raised alarm over the increasingly dire economic situation...
Dr Bawumia outlines plans for a robust fisheries industry
Vice President Mahamudu Bawumia has outlined his vision for the fisheries industry, promising to support the efficient implementation of a robust fisheries plan that...
GIPC reaffirms commitment to attract foreign investment
CEO of the Ghana Investment Promotion Center (GIPC), Yoofi Grant, has reiterated the government's commitment to creating a conducive investment environment to boost economic activities and...
GNPC welcomes new Boss
The new Ghana National Petroleum Corporation (GNPC) CEO, Joseph Abuabu Dadzie starts work today after his appointment by President Akufo-Addo on April 4.He takes...
Cedi hits GH¢14.18 to a dollar; year-to-date loss reaches 13.45%
The depreciation of the cedi to the dollar continued unabated as the local currency hit GH¢14.18 to the American greenback on the retail market.This...
We must guard against employers who want to short change us – ICU tells members
The Industrial and Commercial Workers Union (ICU), has advised its members to always demand wages due to them and resist any attempts by employers...
EIU forecasts oil prices to remain above $80
The Economist Intelligence Unit is forecasting that oil prices will remain above $80 per barrel until late 2025.This, it said, will lift inflationary pressures...
Youth admonished to explore opportunities in Aviation, Tourism and Hospitality
Spotless Aviation and Professional Institute, in collaboration with the Ghana Tourism Authority (GTA) has held a conference on aviation, tourism, and hospitality in the...
Premix fuel distribution automation: 50 completed, 150 ready in September – Hawa Koomson
The Ministry of Fisheries and Aqua Culture Development has implemented measures to automate its distribution process.This is to address the persistent issues of artificial...
Trade Minister promotes Ghana’s industrialisation agenda to US investors
The Minister of Trade and Industry, Kobina Tahir (KT) Hammond, has urged United States (US) investors to explore mutually beneficial trade ventures with Ghanaian counterparts through the government’s...
Transforming African narratives: Nana Kwasi Koranteng Obeng’s impact
Nana Kwasi Koranteng Obeng, a seasoned media professional with a background in business and marketing from the University of Florida, is set to revolutionize...
NPA increases price floor for petrol to GH¢13.63; diesel unchanged at GH¢13.07
The National Petroleum Authority (NPA) has set a new price floor for Oil Marketing Companies (OMCs) selling petroleum products from May 1, to May...
Ghana’s LPG price one of the highest in the world – AssociationÂ
The Vice President of the Liquified Petroleum Gas (LPG) Marketers Association of Ghana, Gabriel Kumi, has revealed that Ghana's LPG prices rank among the highest globally. According...
Glovo to cease operations in Ghana on May 10
Popular food delivery service, Glovo, has announced its decision to cease operations in Ghana, effective May 10, 2024, at 10 pm.In a communication...
Price of LPG per kilogramme constitutes 22% of taxes – LPG Marketers Association
About 22% of the price Ghanaians pay per kilogramme for Liquified Petroleum Gas (LPG) is taxes, the LPG Marketers Association has revealed.According to its...
SML sets records straight on GRA contract [Listen]
Strategic Mobilisation Ghana Limited (SML), a privately-owned Ghanaian company, has set the record straight on its contract with the Ghana Revenue Authority (GRA).In...
Philips pays $1.1bn to settle respirator case
Dutch medical products maker Philips says it has reached a $1.1bn (£877m) deal to settle lawsuits in the US relating to potentially faulty breathing...
Don’t panic, your contributions are safe – SSNIT assures beneficiaries
The Social Security and National Insurance Trust (SSNIT) has refuted claims suggesting potential challenges in meeting its financial obligations to beneficiaries in the future,...
Ghana retains 10th position with lowest fuel price in Africa
Ghana retained its 10th position with the lowest fuel price in Africa in April 2024, GlobalPetrolPrices.com has revealed.Accordingly, Ghana’s average fuel price of $1.051 per...
Ejisu drivers threaten strike over high fuel costs
"We have sent letters to transport operator leaders and local government representatives but are yet to receive a satisfactory resolution. Despite our attempts to engage with relevant authorities, including the Ministry of Transport, we have been met with silence and threats of legal repercussions if we adjust our fares independently," he said.Â
KPMG’s report on GRA and SML deal, government white paper on report and matters arising
BackgroundThe Ghana Revenue Authority (GRA), we understand, contracted SML to monitor petroleum liftings and assure that volumes lifted declared for tax purposes by Oil...
IMF advises Sub-Saharan African countries to invest borrowed funds wisely
Wenjie Chen, the Deputy Division Chief of Regional Studies in the African Department at the International Monetary Fund (IMF), has advised Sub-Saharan African (SSA)...
SSNIT responds to claims of depleting reserves
In the wake of recent concerns regarding the depletion of its reserves, the Social Security and National Insurance Trust (SSNIT) has stepped forward to...
Escalating heatwave forces women to abandon wig caps for hair extensions amid soaring costs
This shift is driven by the desire for comfort in adapting to the weather changes, despite the substantial increase in the cost of hair weaves.
PPA Clarification: The dark side of the World Bank’s ‘giveaways’ in Ghana by Bright Simons
The Attention of the Public Procurement Authority (PPA) has been drawn to an article on the website of the African Report with title “Opinion: The...
Ghana Shippers’ Authority initiates steps to sign Service Level Agreements with stakeholders
In a bid to enhance transparency and accountability in the Shipping and Logistics sector, the Ghana Shippers' Authority has initiated steps to sign Service...
Government trying to hide something from SML/GRA contract – Arthur Kennedy
Physician, Author and politician, Dr. Arthur Kobina Kennedy of the New Patriotic Party (NPP), has expressed suspicion that the government may be concealing certain...
I had $40 million in my account but professors were giving me D’s and F’s – McDan [Video]
The Chairman of the McDan Group of Companies, Daniel McKorley, widely known as McDan, has candidly discussed the hurdles he encountered academically despite his...
SML fully delivered on Transaction Audit Service Agreement with GRA
Strategic Mobilisation Ghana Ltd (SML) has rejected claims by auditing firm, KPMG that it partially delivered on several requirements regarding SML’s Transaction Audit Service...
Dumsor: Corn mill operators at Kaneshie market face financial crisis
Corn mill operators at Kaneshie market in Accra, are facing financial challenges due to ongoing power outages across the country, popularly known as 'dumsor'.These...
Bulk Oil Distributors object to government’s plan to designate BEST sole off-taker Â
The Chamber of Bulk Oil Distributors (CBOD) has objected to the government’s plan to designate the Bulk Energy Storage and Transportation Company (BEST) as...
Google accused of making it harder to search for rival
Google has been accused of taking advantage of its market dominance to make it harder to search for a rival email service.Tuta Mail -...
The ex-flight attendant who now leads the airline
When Mitsuko Tottori was named as the new boss of Japan Airlines (JAL) in January, it sent a shockwave across the country's corporate sector.Not only was...
LONDA 2023 report: Ghana’s internet penetration reaches 68.2%
A total of 10.75 million Ghanaians do not use the internet as at the beginning of last year, the 2023 LONDA Report on the...
Korle Gonno: Residents call for action against garbage dumping as filth engulfs community [Video]
Residents of a coastal community near Korle Gonno in Accra are urging authorities to address the rampant dumping of garbage into drainage systems across...
World Bank’s food price index eases in early April 2024
The World Bank’s food price index eased in early April 2024 after falling by about 4.0% in the first quarter of 2024, to a...
NCA approves Starlink’s satellite broadband application
The National Communications Authority (NCA) says it has approved Space X Starlink GH LTD, the operator of Starlink Satellite Broadband, to provide Satellite Broadband Services in...
Traders urged to utilize FDA’s Progressive Licensing Scheme for product registration
Traders Advocacy Group Ghana (TAGG) has welcomed initiatives by the Food and Drugs Authority (FDA) aimed at facilitating the registration process for regulated products, including diapers.The...
FDA collaborates with importers to address challenges
The Food and Drugs Authority (FDA) has taken steps to address the grievances raised by importers of diapers and toiletries to ensure smooth importation...
Cash Waterfall Mechanism report shows significant non-compliance with formula for revenue allocation – Report
The Cash Waterfall Mechanism (CWM) report for January 2024 has revealed significant non-compliance with the formula for revenue allocation and disbursements to power sector...