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Mahama appoints Sylvester Mensah as Acting CEO of Ghana Export–Import Bank

President John Dramani Mahama has appointed Sylvester Adinam Mensah as the Acting Chief Executive Officer of the Ghana Export–Import Bank (GEXIM).Mr. Mensah will spearhead...

ECG Debt: Gov’t to investigate huge debt and reckless procurement – John Jinapor

Energy Minister John Abdulai Jinapor has announced the establishment of a committee to investigate the rising debt and procurement practices at the Electricity Company...

ECG Privatisation: Energy Minister sets committee to design roadmap

The Ministry of Energy has inaugurated a seven-member technical committee tasked with developing a roadmap for private sector participation in power distribution across the...

We will resist any attempt to introduce new taxes – GNCCI

The Ghana National Chamber of Commerce and Industry (GNCCI) has warned the government not to introduce new taxes or increase existing taxes in the...

President Mahama appoints Dr. Christopher Boadi-Mensah as new CEO of NPRA

President John Mahama has appointed insurance consultant and current boss of Byll Wych Insurance Brokers, Dr. Christopher Boadi-Mensah, as Chief Executive Officer of the...

Ato Forson gains support from customs staff to address financial sector issues

The Customs Staff Association (CSA) has expressed its commitment to supporting Finance Minister Dr. Cassiel Ato Forson in addressing financial challenges and strengthening the...

Finance Minister calls for collective effort to restore Ghana’s economy

Finance Minister Dr. Cassiel Ato Forson has urged staff at the Ministry of Finance to join hands in rebuilding Ghana’s economy, stressing the importance...

I pledge to work tirelessly as Finance Minister – Ato Forson

Ghana's Finance Minister and immediate past Majority Leader, Dr. Cassiel Ato Forson, has reaffirmed his commitment to serving the nation.In his final address as...

Oti Regional Minister-designate pledges to establish processing factories

The Regional Minister-Designate for the Oti Region, John Kwadwo Gyapong, has pledged to collaborate with industry stakeholders to establish processing factories aimed at enhancing...

GRA exceeds 2024 revenue target, mobilizes GH₵153bn

The Ghana Revenue Authority (GRA) has exceeded its revenue target for 2024 by mobilizing GH₵153.5 billion.Data seen by JOYBUSINESS shows that the GRA mobilized GH₵7.5 billion...

We’ll tackle 1D1F hurdles with a 24-Hour economy – Elizabeth Ofosu-Adjare

Minister-Designate for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has proposed a 24-hour economy to address challenges facing the One District, One Factory (1D1F) initiative.Speaking...

Reboot Your Life Series: Entrepreneur urges aspiring business owners to embrace innovation

Entrepreneur and CEO of Tiwajo Industries Ltd., Mrs. Ivy Appiah, has advised aspiring entrepreneurs to embrace innovation and seize opportunities to thrive in business.Speaking...

Ato Forson declares Ghana open for business, invites investments and partnerships

Ghana’s newly approved Finance Minister, Dr. Cassiel Ato Forson, has assured Ghanaians of his dedication to fostering economic growth and attracting global partnerships.His nomination,...

Interest rates expected to stabilize

Interest rates are expected to stabilize in the next treasury bills auction on Friday, January 24, 2025.This is despite strong demand for the short-term...

Mahama will incentivize businesses to create more jobs – Julius Debrah

President John Mahama has revealed plans for his government to introduce new incentives aimed at helping businesses create more jobs in the country.This initiative...

Eric Opoku: 4 key points from the Minister-Designate for Food and Agriculture’s vetting

The Minister-Designate for Food and Agriculture, Eric Opoku, appeared before Parliament’s Appointments Committee on Monday, January 20, 2025, to outline his vision for revitalizing...

One dollar selling at GH¢16.40

The Ghana cedi depreciated by 2.94% against the US dollar last week, bringing its year-to-date loss to 3.87% since January 2025.This depreciation was due...

GPRTU awaits Transport Minister nomination to discuss fare adjustment

The Ghana Private Road Transport Union (GPRTU) has announced that it is waiting for the nomination and approval of a Minister-designate for Transport before...

Road tolls to be digitised, physical barriers to be eliminated – Kwame Agbodza

The Roads and Highways Minister-designate, Governs Kwame Agbodza, has revealed that road tolls will be reinstated in a new, technological form, eliminating the need...

Ghana’s economy vulnerable to exchange rate volatility amid dollar-dominated debt

Ghana has been highlighted as one of the African countries with a majority of its external debt denominated in US dollars. This is according...

Okaikwei South: AMA engages stakeholders on centralised digital payment system

The Accra Metropolitan Assembly (AMA) has engaged with Okaikoi South Sub-Metropolitan District stakeholders to introduce the new centralised digital system and payment platform to...

Rising inflation in Ghana and Nigeria to hinder economic growth – Deloitte

Professional services firm Deloitte has reiterated that the persistent rise in inflation in Ghana and Nigeria will hinder economic growth.Businesses are facing increased costs,...

Under-declaration isn’t a criminal offence – Former ECG MD responds to audit report

The former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, says under-declaration of revenues is not a criminal offence.As such,...

ACEP calls for a change petroleum margins into tax revenues

The African Centre for Energy Policy (ACEP) is calling for a change of all petroleum margins into tax revenues to free up some 6.3...

Dr deyemi urges businesses to harness power of intentional transformation

Global Speaker Rev Dr Sam Adeyemi has urged business leaders and staff members to be attentive to their surroundings, emphasising that what they hear...

ACEP advocates for BOST commercialisation and listing on the Stock Exchange

The Africa Centre for Energy Policy (ACEP) is urging the government to commercialize the Bulk Oil Storage and Transportation Company (BOST) and list it...

Cost of transporting foodstuffs a major contributor to high inflation – GSS

The cost of transportation was a major factor pushing inflation above 20 percent in 2024. According to the Ghana Statistical Service, this contributed to...

Mahama, Opoku-Agyemang hold crucial meeting with IMF

President John Dramani Mahama and Vice President Professor Naana Jane Opoku-Agyemang have held a crucial meeting with the International Monetary Fund (IMF) in Accra...

Resilient leadership key to business growth – Dr (Mrs) Siaw Agyepong

The Chief Executive Officer of African Agribusiness Consortium (AAC) Limited, Dr Adelaide Siaw Agyepong, has underscored the need for resilient company leaders to help...

TEWU urges Mahama to expedite conditions of service implementation

The Teachers and Educational Workers Union (TEWU) of TUC (Ghana) has called on the Mahama administration to expedite the implementation of revised conditions of...

T-Bills Auction: Government to raise GH¢6.35bn on January 17

The government will raise GH¢6.35 billion through the issuance of 91-day, 182-day, and 364-day bills on Friday, January 17, 2025.This will be used to...

I’ve never said scrapping e-levy or betting tax will violate IMF Programme – Gideon Boako insists

Member of Parliament for Tano North, Dr. Gideon Boako, has refuted claims that scrapping the e-levy and betting tax would violate Ghana’s programme with...

Ato Forson’s responses on revenue shortfalls spark fears of harsher taxes – Minority

The Minority has raised concerns over the responses of Finance Minister-designate, Dr Cassiel Ato Forson, during his vetting on Monday, January 13.Dr Gideon Boako,...

Reboot Your Life Series: Live within your means for financial discipline – Yaw Lartey

A Partner and Financial Advisor at Deloitte Ghana, Yaw Appiah Lartey, has urged Ghanaians to adopt financial discipline by living within their means.Speaking on...

Fuel prices projected to increase by Friday, Jan. 17, due to cedi depreciation and rising global crude prices

Petroleum product prices are expected to increase marginally at the pumps, effective Friday, January 17, 2025.This increase is influenced by rising prices of crude...

WAPCo reschedules offshore pipeline maintenance to February 3

The West African Gas Pipeline Company Limited (WAPCo) has revised the start date for its offshore pipeline cleaning and inspection exercise, commonly referred to...

OMCs warn of looming fuel shortages

The Chamber of Oil Marketing Companies (OMCs) has raised concerns about a potential fuel shortage in the coming days.The Chamber links this looming crisis...

Cocoa pricing: Ato Forson dodged GHS 6k per bag comment during vetting – Oforikrom MP

The Member of Parliament for Oforikrom, Michael Aidoo, has expressed concern over the politicisation of cocoa farming and its pricing in Ghana.He noted that...

Rising bond yields point to fiscal challenges for sovereigns – Fitch

Fitch Ratings has disclosed that the rising government bond yields, despite policy rate cuts by major central banks, highlight fiscal challenges facing many sovereigns...

Gold, cocoa prices to surge in 2025, but crude oil to tumble – Report

Gold and cocoa prices are expected to perform strongly in 2025, while that of Brent crude will tumble.This would driven by geopolitical tensions, potential...