Procedures for clearing cargoes under GCMS outlined by ICUMS
The Integrated Customs Management System (ICUMS) has outlined proposals for the release of cargo for the Bills of Entry processed in Ghana Customs Management...
ICUMS takes control of Ghana’s ports, GCNet and West Blue cease operations
All transactions related to the import and export of goods at the country’s various ports will effective today, Monday, June 1, 2020, be conducted...
ICUMS takes-over at Tema Port today
Effective today, June 1, 2020, all transactions related to the import and export of goods at the various ports will be conducted through the...
COVID-19 and cedi depreciation to push debt stock to 76.8% of GDP – Seth Terkper
Former Finance Minister, Seth Terkper, has revealed that the nation’s debt stock to Gross Domestic Product (GDP) could go as high as 76.8 per...
Menzgold saga: EOCO arrests Payboy officials
Officials of the third party company, Payboy appointed by defunct gold dealership firm, Menzgold to negotiate settlement with its unpaid customers have been arrested.The...
Coronavirus: 57 personnel on Tullow’s CSV Lancelot test positive
Fifty seven workers on Tullow Ghana’s contractor support vessel CSV Lancelot have test positive for Covid-19.In a statement copied to Adomonline.com, the company said,...
Seth Terkper’s point of view: Is deficit financing back?
IS DEFICIT FINANCING BACK: BOG 2020 BUDGET DEFICIT SUPPORT AT 53%?Seth E. TerkperIntroductionIt seems the Bank of Ghana (BOG) May 2020 Monetary Policy Committee...
Check how much Ghana made from Year of Return
Minister for Tourism, Arts and Culture, Barbara Oteng Gyasi, has said the tourism sector generated up to $3.3 billion for the Ghanaian economy last...
Akwatia youth throw weight behind newly appointed CEO of GCDGL
The Concerned Youth of Akwatia (CoYA) has denied claims by the Akwatia Development Association (AkDA) that its in disagreement with the appointment of Mr...
Why I’m now unpopular at the ports – Deputy Trade Minister explains
Deputy Minister for Trade and Industry, Carlos Ahenkorah, is not surprised about the ‘hostile’ nature of some Freight Forwarders and Clearing Agents towards him.He...
Coronavirus: Fishermen call for mass testing, disinfection of coastal areas
The leadership of the Ghana National Inshore Fisheries Association and Canoe Owners Association is calling on the government to, as a matter of urgency,...
AirtelTigo and BIMA fulfill 50,000 insurance claims
AirtelTigo and leading mobile delivered insurance services, BIMA, have fulfilled payments of a record 50,000 insurance claims in the country since the launch of...
GH¢600m COVID-19 stimulus package not meant for business expansion- NBSSI boss tells applicants
The Executive Director of the National Board for Small Scale Industries (NBSSI), Mrs Kosi Yankey-Ayeh, says the disbursement of the GH¢600 million to Small...
Seth Terkper writes: Public debt higher than BoG’s 59.3% of GDP
PUBLIC DEBT HIGHER THAN BOG’s 59.3 PERCENT: CAN’T DEFY GRAVITY WITHOUT BOGIntroductionThe Bank of Ghana (BOG) Monetary Policy Committee (MPC) Report for May 2020...
Companies to get tax reliefs over COVID-19 Trust Fund donation [Photos]
The Chairperson of the Board of Trustees for COVID-19 National Trust Fund, Sophia Akuffo, has revealed that tax relief incentives will be offered to...
We have arrested the depreciation of the cedi – Bawumia
The Vice President, Dr Mahamudu Bawumia, says the government has been able to prudently stabilise the Ghana cedi despite the shocks from the Coronavirus...
AngloGold Ashanti speaks on AU Day; outlines its Covid-19 plans for Africa
AngloGold Ashanti has sent a special message to Africans on the day the continent had celebrated its special day, the 'AU Day'.Among the many...
Coronavirus: 164 workers of AngloGold Ashanti South Africa test positive
AngloGold Ashanti’s Mponeng mine in South Africa has been temporarily closed after 164 workers tested positive for the coronavirus, the gold miner said in...
NLA addresses lottery stigmatisation
The National Lottery Authority (NLA) on Saturday affirmed the robustness, effectiveness and efficiency of its lottery short code as a means to address lotto...
Halt operations to avoid prosecution – Covid-19 taskforce warns drinking bar operators
The Sunyani Covid-19 Taskforce has called on drinking bar operators in the Sunyani East and West Municipalities to stop operating to avoid arrest and...
Investor in failed PDS deal sued
A businessman, who invested in the failed Power Distribution Service (PDS) takeover of Electricity Company of Ghana (ECG), has been sued for allegedly playing...
Bank of Ghana fails to justify GHC30m used to revoke GN Savings license
The Bank of Ghana (BoG) in its written address dated 8th of May 2020 and Affidavit sworn on 6th May 2020 to the Human...
Coronavirus: Baatsona police outfit tours companies to inspect safety measures
The Baatsona Divisional Police on Wednesday toured industries in their jurisdiction to ensure Covid-19 safety protocols are being observed.Led by the Divisional Commander, ACP...
NBSSI outlines categories of qualified MSMEs to receive GH¢600m stimulus
The National Board for Small Scale Industries (NBSSI), has outlined the categories of Micro, Small and Medium Enterprises (MSMEs), which qualify to benefit from...
Ato Essien wants charges dropped, moves to refund money to State
The Founder of Capital Bank, William Ato Essien, is said to have begun negotiations with the Attorney General (AG) to have some of the...
MTN goes virtual to conduct executive meeting
MTN, Ghana’s leading Telecommunications Company, and Business World, Ghana’s foremost business magazine will host the digital edition of the MTN Business World Executive Breakfast...
GH₵600m stimulus package not for ‘chop chop’ – GUTA to members
Ghana Union of Traders Association (GUTA) is urging its members to make judicious use of government’s GH¢600 million stimulus package for SMEs.Greater Accra Regional...
Bui Power Authority demolishes, burns shelter at Lapla community [photos]
Tension is mounting at Lapla, a community at Bongase in the Banda District of the Bono Region, after over a hundred residents were displaced. This...
Menzgold appoints Payboy to negotiate payments with customers
Defunct gold dealership firm, Menzgold, has appointed a third party to negotiate settlement with their unpaid customers.Playboy, a digital payment marketing and promotions company,...
Akufo-Addo launches GH¢1bn Coronavirus Alleviation Programme Business Support Scheme
President Nana Akufo-Addo on Tuesday launched the GH¢1 billion Coronavirus Alleviation Programme Business Support Scheme.This is a support being provided by the government and...
Covid-19: Prez launches GHS 600m cap business programme to support SMEs
President Akufo-Addo has formerly launched a GHS 600m Coronavirus Alleviation Programme (CAP) Fund to support micro, small and medium scale (MSME) enterprises.The initiative is...
Oil prices jump as lockdowns ease and supplies tighten
Oil prices climbed by more than $1 a barrel on Monday to their highest in more than a month, supported by continuing output cuts...
Coronavirus: 624 workers of Tema Fish Processing Factory test negative
About 624 workers of the Tema Fishing Processing Company, who came into contact with a coronavirus patient, have tested negative.This was after 695...
Govt makes payment to ECG for Covid-19 electricity relief package [audio]
The government has made some payments to the Electricity Company of Ghana (ECG) following the electricity relief package announced by President Nana Akufo-Addo.“The government...
Blue Ocean Investment Ltd donates food items to Kpone Traditional Council
Blue Ocean Investments Ltd., has donated assorted food items to the Kpone Traditional Council.This is part of relief support to the needy and vulnerable...
BoG practicing intellectual dishonesty – Ato Forson
Former Deputy Finance Minister and Ranking Member of the Finance Committee of Parliament, Cassiel Ato Forson, has chided the Central Bank saying the supervisory...
Tullow Ghana’s Kweku Awotwi bows out as Al Monthiry takes over
Tullow Ghana has announced the retirement of its Managing Director (MD) and Executive Vice President of Tullow Oil plc, Kweku Awotwi.Mr Awotwi, who retires...
Akufo-Addo has added GH¢ 116 billion to debt stock, each Ghanaian owes GH¢ 7,836 – Ato Forson
Ranking Member of the Finance Committee in Parliament, Cassiel Ato Forson, has chastised President Nana Akufo-Addo for almost doubling Ghana’s public debt stock.The Deputy...
Uber ‘expected to lay off thousands of workers’
Uber is reportedly preparing to cut thousands more jobs in another wave of layoffs just weeks after 3,500 employees were laid off during a Zoom...
ICUMS readies to take-off after a successful simulation at the Tema Port
The Ghana Revenue Authority (GRA), in collaboration with the Ghana Link Network Services Limited and the Ghana Ports and Harbours Authority, has successfully conducted...