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Cedi depreciation better this year – Finance Minister

Finance Minister, Dr. Mohammed Amin Adam has noted a slower rate of depreciation for the cedi this year compared to the previous year. Despite recent...

Finance Minister forecasts 15% inflation rate by close of 2024

The Finance Minister, Dr Mohammed Amin Adam, has stated that the government's pragmatic policies are effectively steering the economy in the right direction. He highlighted...

IEA’s Dr Kwakye proposes solution to cedi depreciation

The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwabena Kwakye, has suggested adopting the dollar as Ghana’s currency to...

Nana Kwesi Koranteng Obeng: Bridging the gap for content creators

In the fast-paced world of digital content creation, there's often a hidden figure behind the scenes who play a crucial role in connecting creators...

GUTA raises alarm over depreciation of cedi and rising freight charges

  The Ghana Union of Traders Association (GUTA) has raised alarm over the current depreciation of the cedi and rising freight charges, stating that it...

Parliamentary candidacy won’t interfere with bank duties – New NIB MD

Tweneboa Kodua Fokuo, the newly appointed Managing Director (NIB) of the National Investment Bank (NIB), has clarified that his role as a Parliamentary Candidate...

Your welfare paramount to us – Finance Minister tells GRA officers

The Minister of Finance, Dr Mohammed Amin Adam, has pledged better conditions of service for the staff of the Ghana Revenue Authority (GRA) and...

Investment decisions must integrate ESG principles – BoG Governor

The Governor of the Bank of Ghana (BoG), Dr Ernest Addison says companies seeking to invest in the country must integrate sustainability principles in...

BoG Governor calls for more investment in fintech space

The Governor of the Bank of Ghana has called for more investment in Africa's fintech space. According to Dr. Ernest Addison, this move will accelerate...

CBG commissions Sickbay Project at Berekum

Consolidated Bank Ghana Limited (CBG) has officially launched the CBG Sickbay Project by commissioning an ultra-modern sickbay at Methodist Senior High/Technical School in Berekum. This...

Cedi can only stabilse temporarily but will keep on depreciating – Prof Bokpin

Economist and professor of finance at the University of Ghana, Prof Godfred Bokpin, has asserted that the cedi can only be stabilised temporarily from further...

Dollarisation of Ghana’s economy not solution to cedi depreciation – ASEPA

The Alliance for Social Equity and Public Accountability (ASEPA) has disagreed with suggestions by Dr John Kwabena Kwakye, the Director of Research at the...

Listing &Trading of Atlantic Lithium shares on GSE: A historic event in Ghana’s mineral resource exploration – Land Minister

Hon. Samuel A. Jinapor, MP, Minister Lands and Natural Resources, has hailed the listing of Atlantic Lithium's shares on the Ghana Stock Exchange (GSE)...

Dr Nick Danso Agyei crowned “Entrepreneur of the Year”

In a night of significant achievements at the Ghana-West Africa Business Excellence Awards on May 10, 2024, Dr. Nick Danso Adjei, Chief Executive Officer(CEO)...

Help me succeed as Finance Minister – Amin Adam to GRA

Ghana's Minister for Finance, Dr. Mohammed Amin Adam has emphasized the crucial role of the country's revenue collection institutions in supporting the government's revenue...

Grenada Prime Minister in Ghana for 3iAfrica Summit

The Prime Minister of Grenada, Dickson Amiss Thomas Mitchell is in Ghana for the 3iAfrica Summit. The summit will take place between Monday, May 13...

Risk of stronger US dollar could affect Emerging Markets credit momentum – Fitch

Ratings agency Fitch Ratings believes a sustained period of US dollar strength against emerging market (EM) currencies including Ghana could weigh on some EM...

Ghanaians, businesses to become poorer 10 years from now if… – Ken Thompson

Director of Dalex Finance, Ken Thompson, has said that businesses and Ghanaians in general, are going to become poorer in the next 10 years...

World Bank and IMF can press Ghana to rethink ‘punitive’ LGBTQ law

The World Bank and the International Monetary Fund are coming under pressure to use their financial might to persuade Ghana to reconsider a proposed...

Tweneboa Kodua Fokuo appointed Managing Director of NIB

Mr. Tweneboa Kodua Fokuo has taken over from Mr. Samuel Sarpong as the Managing Director of the National Investment Bank (NIB). His appointment takes effective...

We’ll address concerns of illegal MoMo charges – BoG

The Bank of Ghana has initiated discussions among relevant stakeholders to address concerns regarding unauthorized mobile money transfer charges. This comes amidst mounting apprehension over...

Keeping interest rates ‘unnecessarily high’ will make Ghanaian cedi suffer more – Togbe Afede to BoG

Togbe Afede XIV, the Agbogbomefia of the Asogli State, has voiced his concerns regarding the Bank of Ghana's (BoG) interest rates, emphasising their potential...

Former UMB boss Nana Dwemoh Benneh appointed CEO of GIIF

The former Managing Director of UMB Bank, Nana Dwemoh Benneh has been appointed by President Akufo-Addo as the Chief Executive Officer of the Ghana...

Bank of Ghana needs drastic restructuring – Togbe Afede XIV

Togbe Afede XIV, the Agbogbomefia of the Asogli State, has called for a significant overhaul of the Bank of Ghana (BoG) to enhance its...

Nduom hints at #BringBackGNBank nationwide campaign

The Global Chairman of Groupe Nduom, Dr Paa Kwesi Nduom has hinted at an impending nationwide tour seeking to campaign for the return of...

Ghana imported £63m textiles from UK in 2023

The latest data from the United Kingdom's (UK) Department for Business and Trade fact sheet has revealed Ghana imported £63 million textile fibres in...

We are confident about our board meeting in June on Ghana’s second review – IMF

The International Monetary Fund (IMF) has indicated that, it is confident Ghana’s second review programme will be completed to help approve some $360 million...

Ring cocoa prices may impact sweet tooth – SBM Intelligence report

Executive summary The global cocoa industry faces unprecedented challenges as cocoa supplies tighten and prices surge, impacting chocolate manufacturers and consumers worldwide. Oxfam reports that the...

Bawumia urges African countries to learn from Ghana’s use of digitalisation in corruption fight

Vice President and flagbearer of the New Patriotic Party, Dr Mahamudu Bawumia has urged African countries to emulate Ghana’s digitalisation agenda which has been...

Glovo’s operations in Ghana to end tonight

Food delivery giant, Glovo will cease operations in Ghana effective tonight, Friday, May 10. Despite substantial investments over the past two years aimed at expanding...

More businesses will cease operation in Ghana if… – GNCCI

The Ghana National Chamber of Commerce and Industry (GNCCI) has warned that if the concerns of the business community and industry are not addressed...

Bawumia attributes ECG revenue surge to digitalization, from ¢450m to over a billion

Vice President Dr Mahamudu Bawumia has revealed a significant surge in revenue collection at the Electricity Company of Ghana (ECG), attributing the boost to...

Piano-crushing ad: Apple responds to criticism with apology

Apple has apologized after a backlash over an advert that showed objects, including musical instruments and books, being crushed by a hydraulic press. Apple said...

IMF forecasts growth surge for sub-Saharan Africa

The deputy director of the Africa Department at the International Monetary Fund (IMF), Catherine Pattilo, expressed optimism about the economic prospects of sub-Saharan Africa...

Not wearing panties fast becoming vogue among Ghanaian women

It is fast becoming the new vogue for many women in Ghana to avoid wearing panties underneath their casual and formal attires. A significant number of both...

Societe Generale Group initiates strategic review of Societe Generale Ghana

The SocieteGenerale Group says it has initiated a strategic review of SocieteGenerale Ghana. This comes barely 24 hours after the Managing Director of Societe Generale...

OmniBSIC offers lowest interest rate on loans to SMEs – BoG

A new report by the Bank of Ghana has shown that OmniBSIC Ghana Ltd provided the lowest interest rate of 33.06 percent on loans...

E-cedi will be ultimate weapon in corruption fight – Bawumia

Vice President, Dr. Mahamudu Bawumia has unveiled the government's agenda to introduce the E-cedi, highlighting its potential to combat money laundering and various forms...

PDS scandal: US shuts down $190m compact with ‘no immediate plans to work in Ghana again’

The Millennium Challenge Corporation has confirmed to JoyNews that despite the prevailing power crisis, it has no “immediate plans to work again in Ghana”...

E-VAT boosts revenue by 32%

The Ghana Revenue Authority (GRA) has refuted rumours suggesting that the piloting of its electronic Value Added Tax (e-VAT) invoicing system has resulted in...