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Ghana’s economy is set to astonish the world this year – Finance Minister

Finance Minister, Dr. Mohammed Amin Adam, has announced that the country’s economy is undergoing a robust rebound after enduring significant challenges over the past...

Churches in Israel to pay tax, leaders bemoan “coordinated attack” on Christians

Leaders of major churches have accused Israeli authorities of launching a “coordinated attack” on the Christian presence in the Holy Land by initiating tax...

iPhone 16 leak just revealed details on all four new iPhones

This week, we got another early look at the design of this year's upcoming iPhones that showed off a revamped camera layout, two Pro exclusives headed...

Asantehene allocates 200 acres to State Housing Company to address housing deficit [Video]

The Asantehene has generously allocated 200 acres of land to the State Housing Company (SHC) at Dedesua in the Ashanti region. This initiative marks a...

Finance Minister’s figures don’t tally If you check very well – Williams Peprah

Associate Professor of Finance at Andrews University, Williams Kwasi Peprah, says the $2 billion savings the Finance Minister claimed the country would achieve through...

You’re celebrating bankruptcy status – Adongo to Finance Minister

Ranking member on Parliament's Finance Committee has criticised the Finance Minister, Dr. Mohammed Amin Adam for claiming that the current government has outperformed the...

‘Give us back our license, give us back our assets’ – Nduom’s bold appeal to BoG

The owner of the defunct GN Bank has issued a passionate appeal to Dr Ernest Addison, the Governor of the Bank of Ghana (BoG),...

Bondholder committee reaches agreement in principle with Ghana on debt restructuring

The Committee of holders of Ghana’s Eurobonds has announced that it has reached an agreement in principle with the government of Ghana on a...

T-bills: Government records marginal oversubscription; yields on 182-day and 364-day bills dip

The government registered a marginal oversubscription of treasury bills auction to the tune of GH¢3.60 billion. According to the auction results by the Bank Ghana,...

BoG permits banks with stronger capital positions to pay interim dividend

Banks that made significant progress in their recapitalization plans have been permitted by the Bank of Ghana to distribute interim dividends, the Governor of...

Akufo-Addo orders release of ¢1.5bn bailout to banking sector clean-up victims

President Akufo-Addo has instructed the Finance Ministry to disburse ¢1.5 billion to assist customers affected by the banking sector clean-up operation. Finance Minister Dr Mohammed...

Finance Minister announces official end to Ghana’s debt restructuring

Finance Minister Dr Mohammed Amin Adam has announced the completion of Ghana’s debt restructuring program with its official creditors. According to the Member of Parliament...

GRA to ramp up enforcement of bonds/security issuance in Excise Duty compliance requirements

The Head of the Excise Unit of the Ghana Revenue Authority (GRA), Kwabena Apau Awua Anto, has revealed that the GRA will soon rigorously...

Ghana begins Over-The-Counter Market trading on the GSE

The Ghana Stock Exchange (GSE) has launched the Over-The-Counter Market trading targeted at rural banks and small and medium enterprises. The move is a significant...

Former Medeama and Ashgold striker, Hans Kwoffie passes on in accident

Former Medeama and AshantiGold striker, Hans Kwoffie has tragically passed away following a fatal accident in Dadwen. The accident reportedly occurred on Friday when the...

I’ll take on media stations promoting gambling – Kofi Kapito

The Chief Executive Officer of the Consumer Protection Agency, Kofi Kapito, has expressed serious concerns about media stations promoting gambling, by advertising betting brands...

I took loan from UT Bank to help my company – CEO thanks Amoabeng

Board Chairman of Bills Micro-credit Limited, Richard Nii-Armah Quaye, has acknowledged the founder of the defunct UT Bank, Captain Prince Kofi Amoabeng. According to the...

4G to remain primary source of mobile phone connectivity by 2033 despite emergence of 5G – Fitch Solutions

4G platforms will remain the primary source of connectivity in Ghana by 2033, owing to greater smartphone affordability. This is despite the emergence of the...

GRA directs SML to resume monitoring operations in Downstream Petroleum sector

The Ghana Revenue Authority (GRA) has directed the Strategic Mobilisation Limited (SML) to resume its monitoring operations of the Downstream Petroleum sector. A statement issued...

SIAT Group consolidates edible oil business under Presco

SIAT Group has announced its decision to consolidate its edible oil business in Ghana and Nigeria under Presco PLC. This move, driven by opportunities in...

Government, bondholders reach agreement in principle to restructure $13bn debt, sources say

Ghana has reached an agreement in principle with its bondholders for the restructuring of $13 billion worth of international debt, three sources told Reuters...

GRA to go after public institutions, other firms over tax payment arrears

The Ghana Revenue Authority (GRA) has announced that it will in the coming days embark on a debt collection exercise to help recover all...

IMF Programme will deepen Ghana’s revenue deficit crisis – Economist

Economist, Dr Nii Moi Thompson has warned that Ghana’s revenue deficit is likely to worsen as the country implements the International Monetary Fund’s (IMF)...

Ghana must strategically position industries to harness global economic opportunities – Prof. Agyapong

A Professor of Strategic Management has stressed the need for Ghana to strengthen its industrial development agenda to position industries as strategic tools needed...

Stop Asians invading retail market – GUTA to govt

The Ghana Union of Traders’ Association (GUTA) is calling on authorities to be bold and clamp down on foreigners operating in the retail space. According...

Producer Price Inflation hits 23.6%

The year-on-year inflation rate at ex-factory prices for all goods and services was 23.6% in May 2024. This was far higher than the 16.8% recorded...

77% of Ghanaians report stress on livelihood due to rising cost of living

Seventy-seven percent of Ghanaians are reporting a significant stress on their livelihood due to the rising costs of living, the impact on their daily...

We remain fully committed to our supervisory role to foster trust and confidence – BoG

The Bank of Ghana has reiterated that it remains fully committed to its supervisory role and will ensure that all financial institutions adhere to...

Locked-up investment bondholders’ forum picket at Finance Ministry for 3rd consecutive week

Today, the Locked-Up Investment Bondholders’ Forum picketed the Finance Ministry for the third consecutive week. This demonstration is aimed at demanding the release of their...

Remittances: Ghana’s missing billion dollars?

The World Bank estimates that $4 billion worth of remittances flowed into Ghana's economy between 2016 and 2022. This makes forex inflows from remittances the...

Government has strayed from its policy on aid – Prof Bokpin

A professor of finance and economics at the University of Ghana Business School (UGBS), Prof Godfred Bokpin, has said Ghana has deviated from its...

Help solve Ghana’s economic woes – Kofi Amoabeng to business executives

Former Chief Executive Officer of the defunct UT Bank has appealed to business executives to sacrifice their comfort and help create solutions to address...

Gov’t must raise more revenue domestically without necessarily increasing taxes – Prof Quartey

As the conversation about building a ‘Ghana Beyond Aid’ resurfaces, the Director of the Institute of Statistical, Social, and Economic Research (ISSER), Professor Peter...

Economy grows 4.7% first quarter

Ghana's economy grew by 4.7 per cent year-on-year in the first quarter of this year, compared to the 3.8 per cent recorded in the...

Cedi troubles continue, depreciates 21% to dollar as one dollar goes for GH¢15.70

The Ghana cedi lost 3.88% in value to the US dollar last week on the spot market increasing its year-to-date depreciation to 21.20%. This follows...

Ghana must cease relying on external aid – Lord Boateng

Member of the House of Lords in the United Kingdom, Lord Paul Boateng says it is time Ghana moves away from reliance on foreign...

Ghana’s economy expands by 4.7 percent in 2024 quarter 1

The Ghana Statistical Service (GSS) has announced that the country’s gross domestic product (GDP) is estimated to have increased by 4.7 percent in the...

IMF sets date for Board to consider Ghana’s second programme review

The International Monetary Fund (IMF) has set June 28, 2024 for its Board Meeting to consider Ghana’s second programme review and possibly approve $360...

MISYL marks 10th anniversary with commitment to growth and sustainability

As MISYL Energy celebrates its tenth anniversary, the narrative is one of perseverance, strategic partnerships, and a steadfast commitment to community and staff welfare. The...

Galamsey, smuggling and bad weather slash Ghana’s cocoa revenue by $500m

Illegal mining activities, unfavourable weather conditions, the swollen shoot virus disease, and rampant smuggling have caused a significant shortfall in Ghana's cocoa revenue for...