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...
Zeepay secures additional $3m from Verdant Capital Hybrid Fund
Verdant Capital Hybrid Fund has completed its fourth investment in just over two years since its closing, with a $3 million preferred equity investment...
BoG appoints Dr Joseph France as advisor to UMB
The Bank of Ghana (BoG) has appointed Dr. Joseph O. France as an Advisor to Universal Merchant Bank LTD (UMB).The appointment which took...
Minority demands probe into GH¢10bn ESLA funds
Former Energy Minister, Emmanuel Armah Kofi Buah, is advocating for a comprehensive audit of the GH¢10 billion accrued from the Energy Sector Levy (ESLA).He...
I’ve really worked well as Veep; vote for me as President – Bawumia to traders
Vice President, Dr Mahamudu Bawumia has asserted that he has largely fulfilled his commitments to the nation, underscoring the importance of granting him the...
Gov’t suspends implementation of price Stabilisation and Recovery levy on petroleum products
Government has directed the National Petroleum Authority to suspend the implementation of Price Stabilization and Recovery Levy PSRL on price build up on petroleum...
Takoradi traders lament low sales ahead of EasterÂ
Traders in the Takoradi Central Business District (CBD) have lamented over the low patronage of their goods and services ahead of this year’s Easter...
Energy transition threatens survival of GNPC – PIAC warns
The Public Interest and Accountability Committee (PIAC) is warning about the threat the energy transition poses to the survival of National Oil Companies (NOCs)...
BoG appoints Dr. Joseph France as advisor for management of UMB
The Bank of Ghana has appointed, Dr. Joseph O. France, as an Advisor to advise the management of Universal Merchant Bank LTD (UMB), effective...
Weather conditions affecting Ghana’s cocoa production – Fiifi Boafo
The Public Affairs Manager of COCOBOD, Fiifi Boafo, has attributed the decrease in production of cocoa beans to adverse weather conditions.According to him, heavy...
Ghana spends GH¢11 billion to import oil
Coordinator for the Anti-Smuggling Taskforce on Vegetable Oil Import, Dr. Paul Amaning has revealed that, Ghana spends GH¢11 billion annually to import oil.This, he...
Disbursement of $1.2bn from partners will mitigate Cedi depreciation – Finance Minister
Finance Minister, Dr. Mohammed Amin Adam has stated that the anticipated $1.2 billion from development partners will bolster the local currency against major trading...
Zen Petroleum opens 50th fuel retail station
ZEN Petroleum, a wholly owned Ghanaian Oil Marketing Company (OMC), has opened its 50th fuel retail station in Ghana.Customers who visit any of ZEN’s...
We’re not school boys – Protestors tell Finance Ministry after ‘no show’
Protestors who were seeking audience with the Finance Ministry for the release of their locked-up funds but denied access have expressed their disappointment. ...
Anti-smuggling taskforce warns gov’t
A taskforce embarking on exercises to crack down on smuggled vegetable oil on the Ghanaian market has cautioned the government to abort any plans...
New twist to GRA boss’ dismissal
Commissioner General of the Ghana Revenue Authority (GRA), Rev. Dr Amisshaddai Owusu Amoah has not been sacked by President Akufo-Addo, contrary to earlier reports....
ECG inspects distribution transformers to help sustain power
The Electricity Company of Ghana (ECG) has started an exercise to check on various power transformers across the country to identify and fix faults...
Bawumia was right, GRA is killing businesses – TAGG
The Traders Advocacy Group Ghana (TAGG) has backed Vice President, Dr. Mahamudu Bawumia's remarks on the operations of the Ghana Revenue Authority (GRA).According to...
$300m World Bank facility hits BoG’s account
The $300 million World Bank facility to support some projects in 2024 has finally hit the Bank of Ghana’s (BoG) account.This was after Ghana...
Finance Minister warns against deviation from revised cash waterfall mechanism by ECG
Finance Minister, Dr Mohammed Amin Adam has warned that any deviation from implementing the revised Cash Waterfall Mechanism could make the energy sector crisis...
Ghana Revenue Authority Board dissolved
President Akufo-Addo has dissolved the Board of the Ghana Revenue Authority (GRA).According to available information, the Commissioner General of the GRA who is also...
50% of African business leaders unaware of Pan African Payment and Settlement System – Report
The Future of Trade Report has revealed that about 50% of businesses in Africa are unaware of the Pan African Payment and Settlement System...
Locked-up Investment Holders protest to demand payment of fund
Members of the Locked-up Investment Holders Forum on Wednesday March 27 protest to demand payment of their funds.The group a year ago, began...
Alan Kyerematen to reduce food inflation if elected President
Founder and Leader of Movement for Change, Alan Kwadwo Kyerematen has outlined his plan to tackle food inflation should he be elected as President...
Banks appetite for T-bills to drop; Loan book to expand – Report
Banks' appetite for treasury bills in favour of lending is expected to drop following the increase in the Cash Reserve Ratio (CRR) of banks.The...
Locked-up Investment Holders hit the street [Video+Photos]
Members of the Locked-up Investment Holders Forum, have hit the streets of Accra again.The protest is to put pressure on Bank of Ghana to...
NIC is committed to aggressive education to boost insurance coverage – Ag Commissioner
The National Insurance Commission has expressed commitment to undertake aggressive regular education to boost insurance coverage in Ghana.The move is to ensure that many...
IMF to begin Second Review of Ghana’s programme on April 2
The second Review of Ghana’s three-year, $3bn IMF-Supported Post Covid-19 Programme for Economic Growth (PC-PEG) to be conducted by the IMF Staff has been...
Locked-up Investment Holders Forum to protest today
The Locked-up Investment Holders Forum will today March 27, 2024, embark on a protest against the Bank of Ghana (BoG).Their action is to impress...
Approval of IMF second review will trigger release of third tranche of $360m – Finance Minister
The Finance Minister, Mohammed Amin Adam says that the second review of the three-year $3 billion International Monetary Fund (IMF) programme will be conducted...
Cocoa is more expensive than copper as it tops $9,000
Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9,000 for the first time ever —...
GPHA refutes claims Ghana is losing cargo to neighboring countries
The Director General of the Ghana Ports and Harbours Authority (GPHA), Michael Luguji, is challenging the business community to provide any data to back...
Finance Minister charges GRA Customs to reduce leakages
The Minister of Finance, Dr Mohammed Amin Adam, has charged the Customs Division of the Ghana Revenue Authority (GRA) to put in more efforts...
We are not responsible for high port charges – GPHA
The Ghana Ports and Harbours Authority (GPHA) has rejected the accusations for the reported high port charges at the ports.According to its Director General,...
Revenue mobilisation is my topmost priority – Finance Minister
The Minister of Finance, Dr. Mohammed Amin Adam, has declared revenue mobilisation as his topmost priority for the running of the state. According to...
2024 polls: We’ll control our expenditure – Abena Osei-Asare
The Minister of State-designate for the Finance Ministry, Abena Osei-Asare, has affirmed the government's unwavering dedication to preventing revenue losses as the nation prepares...
Economic activity pickup in January 2024 – BoG
The Bank of Ghana’s high-frequency real sector indicators pointed to a continued pickup in economic activity in the first month of 2024.According to the...
More than half of 23 banks fully recapitalized – BoG
More than half of the 23 banks in Ghana have fully capitalized, the Governor of the Bank of Ghana, Dr. Ernest Addison, has disclosed.According...