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Akufo-Addo commissions new Bank of Ghana headquarters [Photos]

President Akufo-Addo on Wednesday 20th November 2024 commissioned the new state-of-the-art headquarters of the Bank of Ghana(BoG) in Accra, marking a significant milestone to...

Economy rebounding with 6.9% growth in 2nd quarter – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has commended the Bank of Ghana for navigating Ghana's economy in a resilient manner.According to President Akufo-Addo, the economy...

BoG unveils Bank Square: A new era in Ghana’s financial landscape

In a historic and momentous ceremony, the Bank of Ghana (BoG), officially commissioned its state-of-the-art headquarters, christened the Bank Square, on November 20, 2024.Located...

New BoG Headquarters: A symbol of stability and growth – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has highlighted the significance of the newly inaugurated Bank of Ghana headquarters in bolstering the Central Bank’s ability to...

Our new headquarters will improve efficiency – BoG Governor

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has expressed optimism that the newly inaugurated headquarters of the Central Bank will...

Gov’t blocks pension funds from offshore investment on currency concerns, sources say

Government is clamping down on private pension fund managers who want to invest in offshore assets on concerns it could worsen pressure on its...

Ghana’s energy sector gets a boost with commissioning of Bridge Power Plant

President Nana Addo Dankwa Akufo-Addo commissioned the $1.2 billion Bridge Power Plant in Tema on November 19, 2024, marking a monumental achievement in Ghana’s...

Access Bank launches ‘Power of 100 Africa’ to celebrate trailblazing women across Africa

Access Bank, Africa’s leading commercial bank, has announced the launch of The Power of 100 Africa initiative, aimed at honouring women driving change across...

Fuel Price Adjustment: Petrol down to GH₵15.45, diesel unchanged at GH₵15.45

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps, effective November 19, 2024.Industry giant GOIL has taken the...

GCNet vs GoG: Ghana ordered to pay $5.4 Million for early termination of contract

An international arbitration tribunal in London has ruled that Ghana must pay $5.4 million to Ghana Community Network Services Limited (GCNet) following the early...

Wegovy: Popular weight-loss drug goes on sale in China

Novo Nordisk has launched its weight-loss drug Wegovy in China after it was approved by local health authorities in June. It is set to intensify...

Jospong rice to hit markets soon

The Asian African Consortium (AAC), a subsidiary of the Jospong Group, has launched Jospong Rice, the newest addition to Ghana's agricultural scene.The rice product...

Goldman Sachs predicts 2.7% GDP growth rate for global economy

Goldman Sachs Research is forecasting another solid year of global economic growth in 2025.Economists at the renowned US firm project that the US will...

T-bills Auction: Gov’t misses target by GH¢1.07bn; interest rates continue to surge

The government missed its ambitious Treasury bills target by 16.81%.According to the auction results from the Bank of Ghana, the government secured GH¢5.180 billion,...

Fitch to move Ghana out of sovereign default by July 2025

Ratings agency Fitch is expected to move Ghana out of sovereign default by July 2025, following its anticipation that the country will complete the...

Jospong Group seeks $400 million Afrexim Bank funding for Africa projects

The Jospong Group of Companies (JGC) has revealed plans to secure a $400-million facility from the African Export-Import Bank (Afrexim Bank) for comprehensive waste...

Don’t vote for politicians who will collapse indigenous businesses – Dr Nduom tells Ghanaians

Business consultant, politician, and founder of Ghana's Progressive People's Party (PPP), Dr Paa Kwesi Nduom, has called on Ghanaians to vote thoughtfully in the...

AT money launches Y’Agye sika promo

AT, Ghana’s leading innovative telecommunication company with a vision of providing a better life for its subscribers, has launched a promo dubbed “Y’Agye Sika.”The...

Fuel prices to go down from tomorrow, November 16, 2024 – COPEC

Barring any unforeseen circumstances, fuel prices will decrease starting tomorrow, November 16, 2024.According to the Chamber of Petroleum Consumers (COPEC), the price of petrol...

Lawyer files injunction on govt’s T-bill borrowings

Private legal practitioner Jonathan Amable has filed an injunction at the Supreme Court, seeking an immediate suspension of the government’s borrowing activities on the...

CBG speaks on BoG’s suspension of forex trading license

Consolidated Bank Ghana (CBG) has assured the public that the suspension of its Foreign Exchange License (FEL) does not impact its full banking operations.The...

Jospong Group targets $400M Afreximbank funding for major waste and rice projects in Africa

At COP29, the Jospong Group of Companies (JGC) unveiled its plans to secure $400 million in funding from the African Export-Import Bank (Afreximbank) for...

Institute for Energy Security boss debates NDC and NPP track records over dumsor

As Ghana prepares for upcoming elections, a pressing question lingers for many Ghanaians: Which party, the National Democratic Congress (NDC) or the New Patriotic...

Apple accused of trapping and ripping off 40m iCloud customers

Apple is facing a legal claim accusing it of effectively locking 40 million British customers into its iCloud service and charging them "rip off...

Indian billionaire acquires Pepsi bottling operations in Ghana for $15.1m

Varun Beverages, an Indian multinational led by billionaire Ravi Jaipuria, has agreed to acquire PepsiCo’s bottling operations in Ghana for $15.1 million.In a statement,...

Ghana’s Petroleum Hub Project to transform petroleum downstream sector

Ghana's ambitious Petroleum Hub Project, an initiative of President Nana Akufo-Addo, continues to take significant steps toward transforming the nation’s petroleum downstream sector into...

BoG suspends CBG’s forex trading license

The Bank of Ghana (BoG) has suspended the foreign exchange trading license of Consolidated Bank Ghana (CBG) for one month.The suspension, which takes effect...

Over 6,200 jobs created as SOCO project spurs economic growth and social cohesion across Ghana’s Northern and Oti Regions

In an effort to curb unemployment and build economic stability, the Gulf of Guinea Northern Regions Social Cohesion (SOCO) Project has created over 6,200...

The Tower Residence: Accra’s newest luxury real estate development

In the ever-evolving landscape of Accra's real estate market, The Tower Residence stands out as a beacon of luxury and modern living.Developed by CPL...

Ghana ranked 6th in Africa as the most attractive investment destination in 2024

Ghana has been ranked 6th in Africa as one of the most attractive investment destinations in 2024, according to the Rand Merchant Bank (RMB)...

T-Bills: Gov’t records 3.60% oversubscription, but cost of borrowing surges

The government recorded another marginal oversubscription of treasury bills, but it came at the expense of rising interest rates, with the cost of borrowing...

Bitcoin tops record $80,000 as Trump nears sweep of US Congress

The price of bitcoin has risen above $80,000 (£62,000) for the first time ever, after Donald Trump's decisive victory in the US election last...

Akufo-Addo touts unprecedented achievements in Ghana’s agriculture sector

In a speech commemorating the 40th National Farmers’ Day on Friday, November 8, 2024, President Nana Addo Dankwa Akufo-Addo highlighted the "unprecedented" achievements in...

Cocoa producer price raised to GH₵3,100

President Nana Akufo-Addo has announced an increase in the cocoa producer price from GH₵3,000 to GH₵3,100 per 64kg bag, representing a slight rise of...

My commitment to business development has been consistent – Bawumia

Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), has reiterated his unwavering commitment to business development, stressing that thriving economies are...

Nana Owusu Achiaw Brempong adjudged 2024 National Best Farmer

A 70-year-old farmer from the Sekyere Central District in the Ashanti Region, Nana Owusu Achiaw Brempong, has been named the National Best Farmer.With a...

Akufo-Addo unveils Cardinal Namdini mining Ltd; West Africa’s largest single-stream gold mine

Ghana has taken a significant step toward solidifying its position as Africa’s leading gold producer with the commissioning of Cardinal Namdini Mining Ltd, the...

Oil revenue soars by 55.6% in first half of year – PIAC

Ghana’s crude oil revenue surged significantly in the first half of the year, with a 55.6% increase compared to the same period last year,...

Gov’t has never been broke until DDEP – Alhassan Andani

Former Stanbic Bank CEO Alhassan Andani expressed profound disappointment over Ghana’s recent financial trajectory, saying the government’s declaration of the Domestic Debt Exchange Programme...

‘GRA has become like a terrorist organisation’ – Alhassan Andani critiques tax regime

A former CEO of Stanbic Bank, Alhassan Andani, expressed sharp criticism of the tax administration, describing the Ghana Revenue Authority (GRA) as operating like...