Staff-Level Agreement not enough to release third tranche – IMF to Ghana
Ghana has reached a Staff-Level Agreement with the International Monetary Fund (IMF) for the second review of the Extended Credit Facility, but the Executive...
Price of petrol, diesel to go up 5%, 4% per litre – IES
The price of petrol and diesel is projected to further increase by about 5% and 4% per litre respectively at the pumps in the...
COCOBOD, mining firm in tango over destruction of cocoa farms
The Ghana Cocoa Board is up in arms with MIGOP, a private mining company for allegedly destroying hundreds of hectares of rehabilitated cocoa farms...
Full text: BoG’s statement on IMF Second Review of the Extended Credit Facility (ECF) Programme
Thank you Stephane for those opening remarks.Let me also thank you and your team from the IMF, who have spent the last two weeks...
Ghana secures $360m from IMF with Staff-Level agreement for second review of extended credit facility
Ghana has secured $360 million from the International Monetary Fund (IMF) subject to passing the Fund's Board Approval.This was after it reached the Staff-Level...
Top 10 African countries with the highest food inflation rates in 2024
A recent report by the United Nations has shed light on the persistent challenge of food inflation across various African nations in 2024.The...
GNPC wins 2024 CSR Company of the Year Award
The GNPC Foundation, the Corporate Social Responsibility arm of the Ghana National Petroleum Corporation (GNPC), has been honoured with the prestigious CSR and Corporate...
GSA, FDA harmonise certification processes to fast track approvals for businesses
The Ghana Standards Authority (GSA), and the Food Drugs Authority (FDA) have harmonised their certification processes to fast track approvals for businesses.The move is...
Ghana’s inflation 6th highest in Sub-Saharan Africa – World Bank
Ghana’s inflation of 25.8% is the 6th highest in Sub-Saharan Africa, according to the April 2024 World Bank Africa Pulse report.Zimbabwe, Sierra Leone, Malawi,...
GPRTU warn against unauthorized fare increases by some drivers
The Ghana Private Road Transport Union (GPRTU) of TUC, Ghana, has issued a stern warning against unauthorized fare increases by some drivers.In a...
GEXIM organises Iftar to commemorate Eid-Ul-Fitr celebrations
The Ghana Export – Import Bank (GEXIM) has organised its maiden Iftar at the Bank’s headquarters at the African Trade House in Accra.The...
South Korea to invest $7 billion in AI
South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9.4 trillion won ($6.94 billion) in artificial intelligence by 2027.According to him,...
Government’s refusal to clear goods for HEAL KATH Project sparks public outcry
There is widespread outrage among some Ghanaians over the government's refusal to aid the Heal Kath Project team in clearing tiles for renovation works...
Billionaire faces death in $44bn bank fraud case
It is the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen.Behind the stately...
Ghanaians require infrastructure, not a tracker – Former Ridge Hospital medical director
Former Medical Director of the Ridge Hospital, Dr Thomas Anaba, says Ghanaians are not interested in tracking the government's projects but rather interested in...
Mahama in shock as he lists 22 taxes on vehicle imports at Tema Port
Former President, John Mahama has expressed shock at 22 levies and fees on the clearing of goods at the Tema Port.According to him, the...
KNUST Career Services Centre partners with German Embassy to Host ‘Time with the CEOs’
The Career Services Centre of the Kwame Nkrumah University of Science and Technology (KNUST) in collaboration with the German Embassy organised a seminar dubbed...
GNPC may not survive after 2026 if… – PIAC
The Public Interest and Accountability Committee (PIAC) is warning that the Ghana National Petroleum Corporation(GNPC) may not survive without government support if the government...
Agrihouse to host Ghana agrochemical and crop protection exhibition and awards
Local agricultural advocacy NGO, Agrihouse Foundation, has launched the maiden edition of its Ghana Agrochemical and Crop Protection Exhibition and Awards (GACA) at its...
March 2024 inflation increases sharply to 25.8%
Inflation for the month of March 2024 increased to 25.8% from 23.2% recorded in February 2024.According to figures from the Ghana Statistical Service, the...
PIAC worried about GNPC ‘Cash Calls’ challenges from Joint Venture partners; blames Finance Ministry
The Public Interest and Accountability Committee (PIAC) has expressed worry about the inability of the Ghana National Petroleum Corporation (GNPC) to meet cash calls...
GSE registers six top gainers in March 2024; MTN, NewGold record all-time high prices
The Ghana Stock Exchange (GSE) recorded six top gainers in March 2024.The equities market continued to rally positively during the month, with two companies,...
Why gold prices are at record highs
From central banks to Costco customers, it seems everyone is buying gold these days.The price of spot gold reached $2,364 per ounce Tuesday, after hitting record highs for...
Cocoa products must meet responsible sourcing standards for entry into European Market – EU Commissioner says
The European Union's Commissioner for Environment, Oceans, and Fisheries, Virginijus Sinkevičius, has underscored the significance of the EU's newly implemented traceability policy, stating that...
You are a humble and listening leader – GUTA president tells Mahama
President of the Ghana Union of Traders Association (GUTA), has praised the flagbearer of the National Democratic Congress (NDC), John Mahama, characterising him as...
“Give us back our money now” – Aggrieved Customers of Gold Coast Fund Management
Hundreds of aggrieved customers of the defunct Gold Coast Fund Management, who have their investments locked up due to the government's revocation of the...
Economy to recover on back of strong consumption — Fitch
Ghana’s economy will enter a recovery phase this year as the government is expected to increase expenditure in an election year, rating agency, Fitch,...
BoG seeking to hand over Gold for Oil programme to a commercial bank – Dr Addison
The Bank of Ghana (BoG) says it intends to hand over the Gold for Oil programme to a commercial bank to operate.This, according to...
Ghana to return to 5.0% GDP growth from 2026 – World Bank
The World Bank is expecting Ghana’s growth rate to reach 5.0% by 2026.This is coming after it projected a marginal 2.9% Gross Domestic Product...
We’ll serve clients with integrity and empathy – New GRA boss
The Ghana Revenue Authority (GRA) has reaffirmed its commitment to providing service to its clients with integrity, fairness, and empathy in light of recent...
Ghana’s low exposure to loans from China has enhanced its debt restructuring – World Bank
Ghana has a relatively lower exposure to loans from China compared to Zambia (36%) and Ethiopia (25%), the World Bank has revealed in its...
Bond market: Total market turnover rebounds to GH¢715.85m
Total market turnover on the secondary bond market rebounded by 101.72% week-on-week to GH¢715.85 million last week.The increase in activity partly came from clips...
SEC directs 9 companies to submit 2023 financial statement
Securities and Exchange Commission (SEC) has given nine listed equities on the local bourse, up to April 30, to submit their audited financial statements...
Retired UN diplomat shares journey into farming [Video]
Victoria Akyeampong, a retired United Nations diplomat, has shared her journey into agribusiness following her retirement, revealing her passion for farming rooted in childhood...
Dumsor: 70% of the challenge is financial, liquidity related – Kwabena Donkor
A Member of Parliament’s Energy Committee, Dr Kwabena Donkor, has shed light on some critical challenges facing the country’s power sector, leading to erratic...
NPA responds to ACEP’s concerns regarding price floor for petroleum products
The National Petroleum Authority (NPA) has responded to concerns raised by the Africa Centre for Energy Policy (ACEP) regarding its decision to implement a...
Ghana fully prepared to host Commonwealth Games – Mustapha Ussif
Ghana's Youth and Sports Minister, Mustapha Ussif, has expressed the country's readiness to consider hosting the 2026 Commonwealth Games following the withdrawal of original...
New Zealand government implements visa tightening in effort to address migration issues
New Zealand announced it has tightened its visa rules, introducing language and skill criteria and shortening work permit lengths in response to “unsustainable net...
Global CO2 emissions for 2023 increased by only 0.1%
Global CO2 emissions in 2023 saw a marginal increase of only 0.1% compared to 2022, following higher increases of 5.4% in 2021 and 1.9%...
Give us back our money now – Aggrieved customers of Gold Coast fund
Hundreds of aggrieved customers of the defunct Gold Coast Fund Management, who have their investments locked up due to the government's revocation of the...