GSA shuts down company producing substandard mattress
ZXZ Company Limited, a Chinese-owned firm producing the Moonda brand of mattresses in Afienya, has been shut down by the Ghana Standards Authority (GSA)...
Bolt to appeal court ruling ordering GH₵1.9m compensation in identity theft case
Bolt has announced plans to appeal a ruling by the Adentan Circuit Court, which ordered the company to pay GH₵1.9 million in compensatory damages...
Policy rate to go down between 1.0% and 1.5% – Report
The Monetary Policy Rate (MPR) of the Bank of Ghana is expected do down between 1.0 and 1.5 percentage points at the next Monetary...
Inflation to ease to 19% in September 2024
Inflation is expected to decline further to 19.0% year-on-year in September 2024, IC Research has predicted.However, it expects month-on-month inflation to rise to 0.7%.“For...
GHȼ4.6 million lost to SIM swap fraud in 2023-BoG reports
The Bank of Ghana has revealed a rapid emergence of SIM swap fraud targeting individuals with access to mobile banking channels. According to the...
‘If not for mining, cedi could be ¢25 to $1’ — Sulemanu Koney on saving local currency
The CEO of the Ghana Chamber of Mines, Sulemanu Koney, has provided critical insights into the role of the mining sector in stabilising the...
NPP planning to handover $2bn energy sector debt to NDC – Minority
The Minority in Parliament is demanding a thorough audit of Ghana’s energy sector to determine the full scope of its debt.According to the caucus,...
21.188m loan records submitted to credit bureaus monthly in 2023 – BoG
Data providers submitted an average of 21,188,043 loan records to credit bureaus every month in 2023, the Bank of Ghana has disclosed in its...
Michael Blackson urges Ghanaians to elect God-fearing leader after losing $1M Eurobond investment
American comedian and actor of Ghanaian descent, Michael Blackson, has expressed his frustration with the Ghanaian government over what he describes as the mishandling...
6.9% GDP growth in 2024 Q2 shows economic recovery – Finance Ministry
The Ministry of Finance has announced that the latest Gross Domestic Product (GDP) figures from the Ghana Statistical Service (GSS) indicate a rapid recovery...
National best cocoa farmers advocate for enhanced value addition
The 2022 National Best Cocoa farmers are advocating for the implementation of practical measures to increase the value of cocoa for job creation and...
The People’s Forum: Onion traders in Adjen Kotoku urge gov’t to fix deteriorating road
Onion sellers in Adjen Kotoku in the Ga West Municipal District of the Greater Accra Region, are calling on the government to address the...
Our boycott of Sage, Blue Ocean depots hold – LPG Marketers Association
The Liquified Petroleum Gas (LPG) Marketer Association insists its boycott of the Sage Petroleum and Blue Ocean depots in Tema in the Greater Accra...
Producer Price Inflation surges to 33.2% in August 2024
The year-on-year inflation rate at ex-factory prices for all goods and services increased to 33.2% in August 2024 from 29.1% in July 2024.The month-on-month...
Address smuggling of canned and PET packaged beverages into Ghana – GRA told
The American Chamber of Commerce and the Spain-Ghana Chamber of Commerce are urging the Ghana Revenue Authority (GRA), to treat with urgency the smuggling...
BoG directs banks to submit strategies to reduce financial fraud
The Bank of Ghana (BoG) says it has tightened its supervisory and monitoring systems in the financial sector to reduce the alarming number of...
GIRSAL gives 17 financial institutions GH¢1.18bn loans – BoG Governor
Over the past five years, the Ghana Incentive-based Risk-sharing System for Agricultural Lending (GIRSAL) has issued credit guarantees valued at over GH¢604.53 million to...
Ghana likely to become major food exporter – Ernest Addison
The Governor of the Bank of Ghana, Dr. Ernest Addison, has announced that Ghana is on track to become a significant food exporter, driven...
Bond market: Secondary market trade volume surges to GH¢1.22bn
Activities in the secondary bond market improved by 38.1%, increasing to GH¢1.22 billion from GH¢886 million in the previous week.The February 2032 and February...
Cedi records gains against dollar, others last week; one dollar going for GH¢16.41
The Ghana cedi recorded some gains last week against the US dollar and the other major foreign currencies after weeks of sustained depreciation.This was...
Bank Fraud will persist if culprits are only blacklisted, not prosecuted – Adam Bonaa
Security expert, Adam Bonaa has expressed concern over the increasing bank fraud, stating that blacklisting culprits is insufficient without prosecution.His comments come after the...
2024 polls: Mahama pledges to cap Ghana’s borrowing, enhance debt transparency
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has pledged to amend the Public Financial Management Act to establish a cap...
GUTA calls for de-politicization of fight against galamsey
The Ghana Union of Traders Association (GUTA), is calling for a de-politicization of the fight against illegal mining, also known as galamsey.According to the...
Reverse osmosis the most reliable way to filter water – Association of Packaged Water Producers
President of the National Association of Sachet and Packaged Water Producers, Magnus Nunoo, says the most effective method for treating water contaminated with heavy...
Money lost through fraud cases in financial sector increased by 7% in 2023 to hit GH¢88m –BoG
Data published by the Bank of Ghana (BoG) in its annual Fraud Report has revealed that the losses from fraud cases in the financial...
Finance Minister pledges GH¢500,000 scholarship to empower Northern Region journalists
The Minister of Finance and Member of Parliament for the Karaga constituency, Dr. Mohammed Amin Adam, has introduced a GH¢500,000 scholarship program designed to...
Ghana’s biggest lender is not who you think
Is it China?Ghana’s debt crisis naturally shone the spotlight on the country’s biggest creditors.At one point, China, as the country’s largest bilateral (country-to-country) creditor...
Fuel price reduction: Diesel at GH₵12.55, petrol GH₵13.27 a litre
Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps from today, September 16, 2024.Star Oil Ghana is selling...
Prices of petrol, diesel, LPG to decrease between 2% and 5% – IES
Fuel prices are expected to fall between 2% and 5% at the pumps in the coming days, the Institute for Energy Security has projected.This...
Ghana ranked 6th in Africa with highest Cost of Living and Rent Index
Ghana has been ranked 6th in Africa among 16 African countries with the highest Cost of Living and Rent Index.According to Numbeo, the country...
Fuel prices projected to drop for fourth consecutive time
The Chamber of Petroleum Consumers (COPEC) anticipates a reduction in fuel prices in the upcoming pricing window starting Monday, September 16, 2024.COPEC projects an...
We don’t grant license for mining in water bodies – Minerals Commission
The Chief Executive Officer of the Minerals Commission, Martin Kwaku Ayisi, has stated that the Commission does not grant licenses for individuals or companies...
Mahama blames NPP govt for declining investor confidence in energy sector
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has accused the New Patriotic Party (NPP) government of undermining investor confidence in...
Ghana Link’s ICUMS introduces advanced weighbridge system at ports
Ghana Link Network Services Ltd has completed the construction of four weighbridges at Tema Port GPHA Terminal 1 and two at the Atlantic Terminal...
UK increases financial requirements for international students
International students planning to study in the United Kingdom will face higher financial requirements from January 2025, following new rules announced by the UK...
Ghana and Austria renew commitment to boost trade, investment relations
Ghana and Austria have renewed their commitment to deepen economic collaboration and bolster trade and investment ties at all levels.The two countries, led by...
Our work is threatened by armed gangs protecting illegal miners – Ghana Foresters
Ghana Institute of Foresters says the operations of members to protect some of Ghana’s forest reserves from illegal mining activities and other invaders are...
Alberta Akosa receives 2024 AgriFood future prize
The founder of Agrihouse Foundation, Alberta Nana Akyaa Akosa, is the 2024 recipient of the AgriFood Future Prize.Madam Akosa was recognized in Salerno, Italy,...
AgriFood Future makes waves in Italy
Salerno has become the centre of Agrifood innovation and sustainability following the second edition of the AgriFood Future from September 8 to 10, 2024.This...
Akufo-Addo sends strong message to state enterprises [Video]
President Nana Akufo-Addo has charged the state-owned enterprises to comply with the State Interests and Governance Authority's (SIGA) directive to submit audited financial statements...