43% of Ghanaians not prepared to take financial risk at all – Report
Forty-three percent of Ghanaians are not prepared to take any financial risk at all as they have low-risk inclination, the 2023 Old Mutual Financial...
Registrar of Companies to strike off 8,531 companies in default [Video]
The Office of the Registrar of Companies (ORC) has initiated legal proceedings to dissolve approximately 8,531 companies Limited by Shares due to their non-compliance...
Bond market: Total turnover decreased by 16.25% week-on-week to GH¢1.33bn
The secondary bond market for Government of Ghana papers slowed in activity as the total volume traded declined by 16.25% week-on-week to GH¢1.33 billion.Notably,...
Demand pressures for dollar to weigh on cedi this week; one dollar equals GH¢12.80
The persistent demand pressures for the dollar would continue to weigh negatively on the cedi's performance this week.This follows a marginal depreciation of the...
Mahama mourns Access Bank CEO
Former President John Mahama has sympathised with the family of the late Chief Executive Officer(CEO) of Access Bank, Dr Herbert Wigwe.Dr Wigwe was...
Ad-hoc committee probing Gold Coast Fund issues to begin public hearing
The ad-hoc committee set up by the Speaker of Parliament to probe the non-payment of customers of the defunct Gold Coast Fund is set...
The decision to go to IMF was our last resort – Dr. Tiah Kabiru Mahama
Technical Advisor to the Vice President, Dr. Tiah Kabiru Mahama says going to the International Monetary Fund (IMF) was government's last hope for assistance.According...
Growth of currency outside banks strong in final quarter of 2023
The growth of currency outside banks was strong in the last quarter of 2023, a reflection of an ease in inflation during the period.The...
T-bills auction: Government raises GH¢6.86bn; interest rates fall for 6th consecutive week
Government raised GH¢6.86 billion via treasury bills, the biggest so far this year.According to the latest T-bills auction by the Bank of Ghana, the...
Introduction: Identifying businesses with durable long-term competitive advantage I
Identifying and investing in companies/businesses with Durable Long Term Competitive Advantage is an old investment strategy used by the world’s most respected investor –...
Trade Queen Africa launched in Accra
The AfCFTA Young Entrepreneurs Federation (AfYEF) has officially launched the maiden edition of the Trade Queen Africa (Miss Traq) project in Accra.Miss Traq takes...
Access Bank confirms death of Group CEO
Access Bank has confirmed the death of its Group Chief Executive Officer, Dr. Herbert Wigwe.Mr. Wigwe, was killed in a helicopter crash in the...
Bawumia’s praise of BoG despicable – Bentil
Senior Vice President of IMANI Ghana, Kofi Bentil, has described Vice-President Dr Mahamudu Bawumia's praise of the Bank of Ghana (BoG) during the country's...
GUTA set to enter accountability pact with political leaders
The Ghana Union of Traders Association (GUTA) has announced its intention to establish a social contract with presidential contenders in the upcoming 2024 elections.This...
AGI considers legal action to halt Emission Levy for industries
The Association of Ghana Industries (AGI) has hinted it will not hesitate to take legal action to halt the implementation of the Emission Levy...
Cereno Homes to redefine Housing system in Ghana – Chairman of CBS Group of Companies
CBS Group of Companies Chairman, Apostle Dr. Cephas Quarshie, has announced that Cereno Homes is poised to revolutionize the housing system in Ghana through...
15% VAT on electricity on hold: How long can the suspension last?
After enduring weeks of protests, threats of strikes from organised labour, and opposition from over 30 workers unions, associations and civil society groups, government...
Government to borrow GH¢180bn via T-bills in 2024
The government would borrow about GH¢180 billion via treasury bills in 2024.This will be 21% more than GH¢149.92 billion raised in 2023.The estimated maturities...
Keta, Anloga districts record unprecedented crab and shrimp harvest
The periodic opening and closing of the Azizadzi floodgates have inadvertently led to an unexpected bumper harvest of crabs and shrimps in the lagoons...
Unbridled free market has taken a toll on local manufacturing – AGI President
The President of the Association of Ghana Industries (AGI), Dr. Humphrey Ayim-Darke, has voiced concerns about the impact of an overly liberalised market on...
COCOBOD’s Agrochemicals and fertilizers not auctioned says GRA
The Ghana Revenue Authority (GRA) has refuted reports alleging its auctioning of agrochemicals, fertilizers, and other inputs due to the Cocoa Marketing Company's (COCOBOD)...
Ghana’s earnings from crude oil exports, production fall by over $400m in 2023
Ghana’s total earnings from exports of crude oil, production activities, surface rental and corporate taxes for 2023 witnessed some significant decline.A review of Ghana’s...
Guinness, 4 others top gainers on GSE in January 2024; market starts 2024 on positive note
Guinness Ghana Breweries Limited (30.59%), Unilever Ghana (9.74%), Asante Gold (9.70%), Access Bank (8.82%), and Total Ghana (5.56%) were the top gainers on the...
Salute and give particular recognition to BoG for pulling economy back – Bawumia
Vice President, Dr. Mahamudu Bawumia, has urged Ghanaians to salute and give particular recognition to the Bank of Ghana, which has come under unfair...
IMF asked government to choose between taxes and cutting expenditure – Yusif Sulemana alleges
Bole Bamboi MP Yusif Sulemana says the International Monetary Fund (IMF) asked government to either increase revenue by 0.2% of the GDP in the...
Labadi Beach Hotel honoured with 5 awards for service excellence
Ghana’s premier Five-Star Hotel, Labadi Beach Hotel has once again proven to be the most admired Hotel establishment in Ghana and one of the...
I’ll establish a credit card system if elected as President – Bawumia
The Vice President of Ghana, Dr Mahumudu Bawumia has expressed readiness to establish a credit card system if elected as President in the December...
Ghana’s economy has performed better under NPP than under Mahama era – Bawumia
Vice President Dr. Mahamudu Bawumia says key economic indicators point to a better economic performance by the government than that of the period 2013-2016...
E-Levy will be abolished if I’m voted into power – Dr Bawumia
Vice President Dr Mahamudu Bawumia has pledged to abolish the controversial levy on electronic transactions, commonly known as the E-Levy if elected into power.Addressing...
Ghana earned $521.86m from crude oil in second-half of 2023
Ghana earned $521.86 million from crude oil in the second half of 2023, the Second-Half Ghana Petroleum Funds 2023 has revealed.Out of that, the...
Cedi to end 2024 at GH¢13.40 to a dollar
The Ghana cedi is expected to end 2024 at GH¢13.4 ± 0.10 to one US dollar.According to Databank Research, this would be influenced by...
Government borrowed GH¢22.06bn via T-bills in January 2024
The government of Ghana borrowed GH¢22.06 billion via treasury bills in January 2024.This is about 35.80% more than the targeted amount of GH¢15.13 billion.The...
BoG commended for making economic data more accessible
The Bank of Ghana has received praise for enhancing the accessibility of economic data via its recently launched Database Portal.On Monday, February 5, 2024,...
Ghana witnessing worst tax system under Akufo-Addo – Seth Terkper
Former Finance Minister, Seth Terkper has criticized the Akufo-Addo government for implementing what he considers the "worst tax system" in Ghana's history.He argued that...
Cedi depreciates 2.50% to dollar since January 1
Renewed corporate demand pressures saw the cedi losing value to the dollar last week, increasing its year-to-date loss to about 2.5%.This is despite the...
Ghana must stick to and implement fully Fund- support programme – IMF
The International Monetary Fund has said that it is important for Ghana to stick to the International Monetary Fund – support programme being implemented...
Spintex, Dzorwulu most expensive places to buy kenkey; Teshie, La cheap selling points
Spintex, Dzorwulu, Circle, and other places in the Accra Metropolis have been marked as the most expensive places where kenkey is sold.Places such as...
BoG to meet GRA, financial sector stakeholders over illegal MoMo deductions Â
The Bank of Ghana will tomorrow February 6, 2024, meet officials of the Ghana Revenue Authority and stakeholders within the financial sector to address...
Urgent action needed to tackle sanitation crisis at Anloga fish market
Residents and authorities in the Anloga District of the Volta Region are facing a severe sanitation crisis that is causing serious health concerns, particularly...