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YEA announces continued opening of BEAP portal for business applicants

The Management of the Youth Employment Agency (YEA) has announced to the business community and companies interested in participating in the Business and Employment...

Togbe Afede XIV writes: Bank of Ghana has failed us

It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November...

Ghana’s official creditors to convene for debt restructuring talks

Ghana's official creditors are set to meet on Monday, January 8, to discuss the restructuring of approximately $5.4 billion in loans, according to Reuters. This...

MTN bosses get millions of rands worth of shares, but Ghana CEO missing

MTN Group executives have been granted millions of rand in shares as part of the telecommunications company's performance share plan. These shares are set...

SML’s take on KPMG’s audit into contract with GRA

Strategic Mobilisation Ghana Ltd. (SML) has expressed its endorsement of President Nana Akufo-Addo's directive to engage KPMG in auditing its contract with the Ghana...

Nigeria leads Ghana in digital banking usage – KPMG Survey

Nigeria is leading Ghana in terms of the frequent use of digital channels, the 2023 KPMG West Africa Banking Industry Customer Survey. For instance, 70%...

24-hour Economy: Mahama announces juicy packages for businesses

The National Democratic Congress (NDC) flagbearer, John Mahama, has pledged  lower electricity tariff costs and tax breaks to companies that choose to run 24-hour operations. Delivering his New Year message to Ghanaians on Wednesday, he reiterated the policy will help revive the ailing economy,...

Barima (Dr) Parker takes his people’s unemployment situation into own hands

Barima (Dr) Kwabena Awuah Parker I of Sokode Dwaso has taken a proactive approach to address the employment challenges faced by his people by...

Ghanaians turned to savings in foreign currency to protect investments – KPMG

A report conducted by KPMG has revealed a high number of shifts in the savings culture of some Ghanaians geared towards saving the value...

GRA goes after $2.8bn accounts of Ghanaians overseas

The Ghana Revenue Authority (GRA) has disclosed it will soon go after accounts of Ghanaians overseas who are not paying taxes. This was after it...

10% withholding tax on lottery and betting winnings starts from Monday January 1, 2024

The Ghana Revenue Authority (GRA) has announced that the implementation of the 10% withholding tax on the gross winnings of lotteries and betting will...

PURC recovers GH₵10.73 million for NEDCo, GWCL in 3 regions

The Public Utility Regulatory Commission (PURC) has retrieved GH₵10.73 million for the Northern Electricity Distribution Company (NEDCo) and the Ghana Water Company Limited (GWCL)...

Bond market: Total market turnover up by 4.01% to ¢2.15bn

Trading activity on the secondary bond market for Government of Ghana papers remained robust last week. There was a weekly face value traded of ¢2.15...

Apple is officially no longer selling the newest Apple Watch in America

The clock has wound down on the newest Apple Watch after President Joe Biden declined to issue a last-minute, emergency action to keep the best-selling...

Fitch Solutions revises Ghana’s 2024 GDP growth forecast to 3.5%

Fitch Solutions has revised Ghana’s Gross Domestic Product (GDP) growth rate in 2024 to 3.5%, from the earlier forecast of 3.7%. This is however higher...

Volta and Oti region rice farmers embark on climate-resilient rice production journey

The Sahara and Sahel Observatory (OSS), with support from the Adaptation Fund, has successfully implemented the 'Scaling Up Climate-Resilient Rice Production' initiative for rice...

Cheques cleared in quarter 3, 2023 estimated at ¢71.3bn – BoG

The volume of cheques cleared during quarter 3, 2023 totalled 1,378,874 valued at ¢71.371 billion, the Bank of Ghana has disclosed. This represented a decrease...

We will reallocate some project funds if not utilised by June 2024 – World Bank warns Ghana

The outgoing World Bank Country Director, Frank Pierre Laporte, has strongly indicated that project funds allocated to Ghana but have not been utilized will...

Kantamanto traders hail Dampare

Traders at Kantamanto in Accra have commended the Inspector General of Police (IGP), Dr George Akuffo Dampare for measures put in place to enhance...

SML alleges Manasseh Azure manufactured ’10-year’ contract with GRA

The Technical Assistant to the Managing Director at Strategic Mobilization Ghana Limited (SML), Richard Marfo, has accused the Fourth Estate’s Manasseh Azure of making...

Speaker did not order suspension of payments to SML – Patrick Boamah

The Vice Chairperson of the Finance Committee in Parliament says the 2nd Deputy, Andrew Amoako Asiamah, who presided over the House on Friday, did...

Parliament to probe contracts awarded by GRA

Parliament has passed a resolution to investigate all contracts awarded by the Ghana Revenue Authority (GRA). The resolution comes in the wake of the controversial...

Festive season: Some Ghanaian artisans express concern over low patronage of products

Some Ghanaian artisans have expressed concerns about a noticeable dip in patronage during this Christmas season, marking a departure from the vibrancy of previous...

World Bank rebuffs claims of not doing enough to prevent Ghana’s economic crises

The outgoing World Bank Country Director, Pierre Frank Laporte, is challenging claims of not doing enough to prevent Ghana from getting into its recent...

MTN Ghana announces revamped ‘Free After 1 Extra’ plan

Customers on the MTN ‘Free After 1’ call plan will enjoy an enhanced customer experience with more value-added services with the introduction of ‘Free...

MoMo agents suspend GHȻ1000 cap on withdrawals

The Mobile Money Advocacy Group (MoMAG) has announced the immediate suspension of the GHȻ1000 cap on withdrawals. According to MoMAG, this decision comes after discussions...

Admit you took an investment risk and lost out – Menzgold lawyer tells customer

"You simply took an investment risk and lost out." This was a statement made by the lawyer for defunct gold dealership firm, Menzgold to...

Credit risk remains elevated, slows down new lending by banks – BoG

Credit risk remained elevated during the third quarter of 2023, reflecting the sharp increase in the stock of non-performing loans in the banking industry,...

Maxwell Investments Group partners Joy Business for entrepreneurial segment

Ghana’s economic landscape is undergoing significant transformations, particularly in entrepreneurship. This shift is occurring against the Ghanaian cedi’s sharp depreciation against the U.S. dollar....

Take full advantage of AfCFTA to expand – Akufo-Addo to Ghanaian businesses

Government is encouraging local businesses to expand their portfolio using the African Continental Free Trade Area (AfCFTA) platform for accelerated economic growth. President Akufo-Addo...

Ghana hasn’t taken off; like a plane, our dev’t still on the tarmac – Kwame Pianim

https://youtu.be/MRfEY65cRNA Ghanaian economist, Kwame Pianim, has said Ghana’s development is still at the stage of a plane on a tarmac yet to take off and...

Economy expands by 2.0% in third quarter of 2023

Provisional estimates from the Ghana Statistical Service show that the economy expanded by 2.0% in the third quarter of 2023 and grew at a...

Enterprise Insurance launches 100th anniversary celebration

Ghana’s largest and leading private insurer, Enterprise Insurance Limited has launched its centenary anniversary celebration in Accra. The 100th anniversary celebration is on the theme:...

Manasseh Azure replies GRA

The Founding Editor-In-Chief of the Fourth Estate, Manasseh Azure Awuni has questioned the value additions of Strategic Mobilization Ghana Limited (SML) to the upstream...

Ride-hailing vehicle owners to pay Value Income Tax from January 1

Government through the Ghana Revenue Authority (GRA) will from January 1, 2024, commence the implementation of a new tax policy for ride-hailing vehicle owners...

World Bank announces new Country Director for Ghana, 2 others

The World Bank has appointed Robert Taliercio O’Brien as Country Director for Ghana, Liberia, and Sierra Leone in the Western and Central Africa Region. His...

GRA denies “questionable” contract with SML; insists deal saved Ghana ¢3bn

The Ghana Revenue Authority (GRA) has denied publication by 'The Fourth Estate' that it awarded a ‘’questionable’’ contract to Strategic Mobilization Ghana Limited (SML)...

Inflation to remain above medium target of 8%±2 – BoG

The Bank of Ghana is projecting that inflation will remain above the upper band of the medium-term target of 8%±2 until 2025. According to the...

GSE receives ISO certifications  

The Ghana Stock Exchange (GSE) has been certified for both the ISO 27001:2013 and ISO 22301:2019 standards of the International Standards Organisation (ISO). These certifications...

Ken Ofori-Atta reacts to resignation rumours

Contrary to reports that he had resigned, Finance Minister, Ken Ofori-Atta appears set to the lead Ministry in 2024. Joining the staff of the Ministry...