Fitch Ratings has affirmed Ecobank Transnational Incorporated's (ETI), parent company of Ecobank Ghana Long-Term Issuer Default Rating (IDR) at 'B-' and its Viability Rating...
Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning has advised that the academic curriculum should be designed towards meeting the needs of industry.
He made...
They also fear a possible eviction in the coming years after suffering similar fate when they were moved from the Alabar market. The traders are pushing for a spacious land they can own and trade on without concerns over future ejection.
In 2017, COCOBOD made a loss of GHS 161.3 million, although its revenues had increased to GHS 10.25 billion from GHS 9.15 billion in the previous year. The company also made losses of GHS 78.22 million in 2018, GHS 320.57 million in 2019, GHS 426.32 million in 2020, and a staggering GHS 2.44 billion in losses in 2021.
In reference to the Ghana Cocoa Board, Ghana Water Company Limited, Electricity Company of Ghana, and Ghana Airport Company Limited, the group demanded an immediate sack of the CEOs of these enterprises for what it says are colossal damages and astronomical debts incurred.
KPMG's audit report has revealed that the revenue assurance contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML) has resulted in...
The Executive Secretary for Cote d’Ivoire Ghana Cocoa Initiative (CGCI), Alex Asanvo, says Global Cocoa Marketing Companies have refused to pay realistic prices for...
President Akufo-Addo has instructed the Ghana Revenue Authority (GRA) and the Ministry of Finance to renegotiate the revenue assurance contract with Strategic Mobilisation Limited...
The Chairman of the New Patriotic Party's (NPP) 2024 Manifesto Committee on Energy, Kwadwo Nsafoah Poku, has debunked suggestions that the current challenges with...
Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the world’s largest smartphone market.
The Shenzhen-based conglomerate,...
Ghana is grappling with an alarming increase in the number of children not receiving age-appropriate vaccinations, as revealed by recent data released by the...
The Ghana National Chamber of Commerce and Industry (GNCCI) has expressed deep frustration and disappointment at the ongoing power crisis in the country.
According to...
The Public Utilities Regulatory Commission’s validation reports on the Cash Waterfall Mechanism (CWM) have revealed that the Finance Ministry owes some power generators about...
Fitch Solutions, an international rating agency, says the Ghanaian cedi will bounce back to an appreciating trajectory very soon.
The rating agency said factors, notably...
The Ghana Revenue Authority (GRA) has clarified its decision to tax the foreign incomes of resident Ghanaians as replacement for the value-added tax (VAT)...
Finance Minister, Dr Mohammed Amin Adam says government has taken steps to establish a single account to streamline the collection and distribution of revenue...
The Ghana Revenue Authority (GRA) has moved to dispel uncertainties surrounding the tax status of individuals earning incomes abroad, affirming the criteria for categorizing...
The government has given an indication about reaching an agreement with Independent Power Producers (IPPs) on debt restructuring as part of measures to reduce...
President Akufo-Addo has expressed concern about the withdrawal of Mali, Burkina Faso, and Niger from the Economic Community of West African States (ECOWAS) and...
The Public Accounts Committee (PAC) of Parliament has instructed the District Chief Executive of Wa East District Assembly, Mr. S.K Mahama to immediately process...
The National Youth Organizer of the NPP, Salam Mustapha, has highlighted the current power outages as a major challenge going into the 2024 election....
Ranking Member on Parliament’s Mines and Energy Committee, John Jinapor, has said that the Finance Ministry’s decision to put all of the Electricity Company...
After a notice that met an initial resistance by the traders, hundreds of sheds were pulled down at the market under police-military supervision. The regional Security Council had cited threats to security and vehicular congestion as reasons for evacuating the traders.
The Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII, has stated that the energy sector is currently lacking effective leadership.
He...
The International Monetary Fund (IMF) Mission Chief for Ghana, Stéphane Roudet is confident that Ghana will formalize a Memorandum of Understanding (MoU) with the...
Finance Minister Mohammed Amin Adam has revealed that the government has begun auditing the Cash Waterfall Mechanism through which revenue collected from the electricity...
Finance Minister Mohammed Amin Adam has disclosed that a single account has been established for the Electricity Company of Ghana's revenue collection activities.
In March,...
The International Monetary Fund (IMF) Mission Chief for Ghana, Stéphane Roudet, has indicated that Ghana’s economy has seen its worst level and it’s now...
Ghana's Minister of Finance, Dr. Mohammed Amin Adam, has announced that the country's economy is moving towards stability, citing robust economic progress and strong...
Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog which cited national security...
Finance Minister Dr Mohammed Amin Adam has revealed that the bilateral creditors through the Official Creditor Committee have shared the draft document on Ghana’s...
The International Monetary Fund (IMF), has revealed that it has secured the needed financing assurance from bilateral creditors that will help to conclude the...
