Ghana’s economy to slowdown in growth in 2024 – World Bank
Ghana’s economy is expected to slow down in growth in 2024 despite an expected improved economic activity, the April 2024 World Bank Africa Pulse...
IMF’s second review focuses on election spending, debt, and revenue measures
Ghana's ongoing second programme review with the International Monetary Fund (IMF) has entered its second week, with discussions primarily centred around tax efficiency and...
Volunteer information on suspected money laundering, unexplained wealth – BOG urges public
The Bank of Ghana is calling on the public to provide information voluntarily regarding suspected cases of money laundering and unexplained wealth.This call...
French firm Canal+ offers $2.9bn to buy Multichoice
French media company Canal+ has made an offer of $2.9bn (£2.2bn) to fully acquire South African broadcasting company MultiChoice.It is a more attractive price...
Companies must act now to invest in carbon markets – Environmental Defense Fund, others advocate
There are heightened calls for more companies around the world to act now in investing heavily in the carbon market for forests restoration to...
Ghana’s public debt up by GH¢30.5bn after IMF deal
Data from the Apex Bank in Ghana indicates a growing disparity between the nation’s public debt before and after agreement on the $3 billion...
We’ve moved from taxation to robbery – Domelevo
Former Auditor-General, Daniel Domelevo, has characterised the country's tax system as a blatant form of robbery.In his assessment, the tax system is detrimental to...
Increment in cocoa farmgate price an insult – Cocoa farmers to COCOBOD
Some cocoa farmers in Ghana have expressed disappointment in government over the recent cocoa farmgate or producer price increment for the prevailing 2023/24 season.This...
New Cash Reserve Ratio could impact negatively on loans, banking – Report
The Bank of Ghana’s decision to set higher cash reserve requirements for commercial banks could impact negatively on credit to the private sector, a...
T-bills auction: Interest rates fall for 14th consecutive week; gov’t fails to meet target again
Interest rates continued a downward trend for the 14th consecutive week in 2024 in line with the disinflation process.Nonetheless, the government failed to...
We’re in trouble if… – Domelevo raises alarm over ‘misuse of scholarships’ [Video]
Former Auditor-General Dominic Yao Domelevo has raised concerns over the misuse of scholarships in Ghana.He highlighted the troubling trend of financially well-off individuals being...
Bawumia promises business-centred administration to GUTA
New Patriotic Party (NPP) flagbearer Vice President Dr Mahamudu Bawumia has assured members of the Ghana Union of Traders’ Association (GUTA) of his commitment...
COPEC predicts further fuel price hike
The Chamber of Petroleum Consumers (COPEC), has predicted a significant rise in fuel prices in the coming weeks.In an interview on Asempa FM Ekosii...
GUTA welcomes Bawumia’s flat tax policy but…
The Ghana Union of Traders Association (GUTA) has welcomed the proposed flat tax policy by New Patriotic Party (NPP) flagbearer, Dr. Mahamudu Bawumia.GUTA...
GRA unveils plan to reduce delays in clearance at ports
The Customs Division of the Ghana Revenue Authority (GRA) has unveiled a comprehensive plan to reduce the time it takes to clear goods at...
Govt increases producer price of cocoa to support farmers
The Government of Ghana, in collaboration with stakeholders, has announced an upward adjustment in the Producer Price of cocoa for the remaining period of...
Cal Bank turns to shareholders to raise ₵600m to improve capital position
Cal Bank has turned to its shareholders to raise ₵600 million to help recapitalize the financial institution. The bank has launched its renounceable rights issue...
GRIDCo’s letter to Energy Minister an attempt to shift blame – ACEP
The Executive Director of the Africa Center for Energy Policy (ACEP), Ben Boakye perceives GRIDCo's recent letter to the Minister of Energy regarding the...
Government borrowed GH¢19.90bn via T-bills in March 2024
The government borrowed GH¢19.90 billion through treasury bills in March 2024.This was 17% lower than that of February 2024.Part of the proceeds were used...
Atlantic Lithium submits application to list on GSE
Lithium mining company, Atlantic Lithium has submitted an application to list on the Ghana Stock Exchange (GSE).This is in fulfillment of the company’s commitment...
Ghana must assume ownership of wealth derived from its natural resource – IEA
The Institute of Economic Affairs (IEA) says it is time for Ghana to take ownership of its natural resource wealth to derive more benefits...
Increase cocoa farmgate price by 150 percent – GAWU to government
The General Agricultural Workers Union (GAWU) has challenged government to increase the farmgate price of cocoa by 150 percent.GAWU is of the view...
GPRTU disappointed by NPA’s reversal on petroleum levy
The Ghana Private Road Transport Union (GPRTU) has expressed disappointment regarding the abrupt decision to rescind the Price Stabilization and Recovery Levy on petroleum...
BoG cautions banks to comply with monthly reporting of fraud cases
The Bank of Ghana (BoG) has cautioned banks to comply with its monthly report on fraud cases.This is to aid the regulator in consolidating...
COCOBOD confirms plans to increase cocoa farmgate prices
The Ghana COCOBOD has told Joy Business government is considering an increase in the farmgate prices of cocoa beans for farmers.The decision, which is currently being...
Ghana to raise cocoa farmgate price by up to 50% – Cocobod
Ghana will raise the fixed farmgate price paid to cocoa farmers by up to 50% in an effort to share profits from rising global...
Akufo-Addo grants two retroactive contracts to Dr Ammishaddai as GRA boss
President Akufo-Addo has awarded two retroactive contracts to Rev. Dr. Ammishaddai Owusu-Amoah, appointing him as the Commissioner-General of the Ghana Revenue Authority (GRA).These contracts,...
GPHA boss calls for broader consultation on high port duties, levies
The Director General of the Ghana Ports and Habours Authority (GPHA), Michael Luguji has appealed to all stakeholders in the sector to join efforts...
Arla Foods Ghana Ltd. appoints Paul Nortey Dowuona as first Ghanaian Managing Director
Arla Foods, producers of Dano milk variants, has appointed Paul Dowuona to lead the Ghana business effective 1st of August 2023, the first Ghanaian...
I’ll restrict import of selected items to boost local businesses – Mahama
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has announced his intentions to impose import restrictions on specific essential commodities if...
LPG Marketing Companies Association kicks against new $80 per metric ton tax by NPA
The Liquefied Petroleum Gas (LPG) Marketing Companies Association has strongly condemned the National Petroleum Authority's (NPA) decision to impose a new tax on LPG,...
Elevating Knowledge about Africa in International Business: KNUST’s Prof. Nathaniel Boso’s legacy
Nathaniel Boso (PhD) is an international marketing and Strategy professor and O.R. Tambo Africa Research Chair at the Department of Marketing and Corporate strategy,...
New MTN Ghana CEO Stephen Blewett takes over
Stephen Blewett, has taken over as the Chief Executive Officer of MTN Ghana.He takes over from Selorm Adadevoh, who has been appointed as the...
Ivory Coast to raise cocoa farmgate price by 50%
Ivory Coast's President Alassane Ouattara will increase the official cocoa farmgate price to 1,500 CFA francs ($2.47) per kg from Tuesday, April 2, from...
NPA to set price floor for petroleum products from April 1 in new guidelines
The National Petroleum Authority (NPA), will from April 2024 set the “floor” for pricing of petroleum products in Ghana, which will prevent any industry...
NIC raises concern over surge in insurance fraud
The National Insurance Commission (NIC) has expressed concerns about the recent upsurge in fraudulent activities and its consequential impact on the insurance sector.Acting...
COPEC predicts fuel prices to remain unchanged in April’s initial pricing window
Fuel prices at various outlets nationwide are expected to remain stable during the initial pricing window in April.This is according to forecasts by the...
Ghana needs a change in direction – TUC
The Trades Union Congress (TUC) leadership has voiced its support for a change in direction as Ghana approaches the 2024 general elections.During a discussion...
UMB welcomes BoG’s appointment of Advisor towards its recapitalization drive
The Board of Directors of Universal Merchant Bank Ltd (UMB) has announced the appointment of Dr Joseph France by the Bank of Ghana as...
Fuel prices likely to be maintained in April first pricing window – COPEC
Prices of fuel at the pumps across the country are projected to be maintained in the first pricing window in April 2024.The forecast by...