Akyem Mine – Past, Present, and Future… A Journey of Growth and Development, and Future of Prosperity
The PastThe Akyem Mine, located in the Birim North district of the Eastern region of Ghana, was conceived through exploration activities by Normandy Mining...
BoG eCedi wins innovation in digital currency design award
The Bank of Ghana has been adjudged the winner of the Innovation in Digital Currency Design for Financial Inclusion by Currency Research.This occurred at...
We expect foodstuff prices to drop by more than 50% in coming months – Agric Minister
The Minister for Food and Agriculture, Dr. Bryan Acheampong is projecting prices of foodstuffs will go down by more than 50 percent in the...
90% of non-sovereign bondholders have tendered their bonds – ESLA
ESLA has announced that approximately 90% of non-sovereign bondholders have successfully tendered their bonds.This follows an announcement on September 16, 2024, to buy back...
‘Retired and Forgotten’ – Pensioner Eurobond Holders plead for exemption amid Ghana’s $5bn debt forgiveness
In response to recent remarks by the Finance Minister regarding Ghana’s Eurobond debt restructuring, a group of pensioner Eurobond holders in Ghana has voiced...
‘I don’t know where they got their data from’ – Agric Minister questions Statistical Service food price report
Food and Agriculture Minister Bryan Acheampong has expressed scepticism about recent data released by the Ghana Statistical Service (GSS) on food prices and inflation,...
SSNIT pays GH¢400m monthly to over 300,000 pensioners to combat old-age poverty
The Social Security and National Insurance Trust (SSNIT) reports that it disburses approximately GH¢400 million each month to over 300,000 pensioners, as part of...
PETROSOL launches “Energizing Dreams Promo” to celebrate 10th anniversary
PETROSOL Platinum Energy Ltd, a leading energy company, has launched a nationwide promotional campaign dubbed "Energizing Dreams Promo" to commemorate its 10th anniversary.The six-month-long...
No need for fear and panic, we have enough LPG – NPA assures
The National Petroleum Authority (NPA) has stated that there is enough Liquefied Petroleum Gas (LPG) in the country.According to the Authority, it does not...
ECG recording $67m in revenue losses every month – ACEP
The Africa Centre for Energy Policy (ACEP) has raised alarms over the mounting debt in Ghana's energy sector, revealing that the country is accumulating...
Galamsey: Ban on Ghana’s agric exports imminent – Importers and Exporters Association
The Importers and Exporters Association of Ghana has raised concerns about the serious threat illegal mining poses to the country’s agricultural exports.The Association warns...
Man denies being mysterious inventor of Bitcoin
A new documentary claims to have solved the greatest mystery in cryptocurrency: the true identity of the inventor of Bitcoin.
The question has captivated the...
UTAG declares indefinite strike, demands nationwide ban on mining in forest reserves
The University Teachers Association of Ghana (UTAG) has declared an indefinite strike, effective October 10, 2024, following an overwhelming vote in favour of industrial...
T-bills auction: Government borrowed GH¢23.6bn in September 2024
The government borrowed GH¢23.6 billion across the 91-day to 364-day treasury bills in September 2024.This represented a 24.7% increase over that of August 2024.Although...
Newmont to sell Akyem operation to Zijin Mining for $1bn
Newmont Corporation has announced plans to sell its Akyem operations to Zijin Mining Group Co., Ltd. under a definitive agreement for cash consideration of...
Mastercard Foundation and Agri-Impact Limited tour Happy project sites
A joint team from the Mastercard Foundation and Agri-Impact Limited visited implementation sites of the Harnessing Agricultural Productivity and Prosperity for Youth (HAPPY) Programme...
Insurance Brokers’ services are free to clients; use them – IBAG advises public
The Insurance Brokers Association of Ghana (IBAG) has warned of a growing trend where non-professional institutions, particularly financial institutions, are selling insurance products, often...
Organized Labour accused of meddling in politics over galamsey demands
A senior lecturer at Kumasi Technical University (KsTU) has accused Organized Labour of deviating from its core mandate and meddling in politics with its...
Oil prices rise amid Gulf tensions
Crude oil prices have started an upward ride, following heightened tensions in the Middle East and the Gulf states.The prices, which eased from the...
Cocoa Carriers Association halts indefinite strike
The leadership of the Cocoa Carriers Association has decided to suspend its indefinite sit-down strike, which started on Monday, October 7.This comes after a...
Cedi recovers slightly against dollar, others; One dollar going for GH¢16.22
The Ghana cedi recovered slightly against the US dollar and the other major foreign currencies last week.This follows announcement that Ghana had secured a...
Bond market: Trade volumes drop 15.56% to GH¢609m for 2nd consecutive week
Trade volumes in the secondary bond market declined for the second consecutive week to GH¢609 million, down from GH¢722 million.Activity remained concentrated at the...
MTN Launches Yello Biz To Boost The Operations Of SME At Ghana Industrial Summit
MTN Ghana has launched an all-new package of Technology solutions to boost the operations of SMEs in Ghana.Dubbed Y’ello Biz, SME operators will benefit...
BOST named among Africa’s top 50 innovative public sector agencies
At the prestigious 5th edition of the Africa Public Sector Conference and Awards (APSCA) 2024, held in Gaborone, Botswana, Ghana’s Bulk Energy Storage and...
Ghana Chamber of Telecommunications unveils campaign to curb fibre damage
The Ghana Chamber of Telecommunications has warned that the growing fibre optic cable cuts threaten the national fibre stability.The Chamber urged the government and...
T-bills auction: Government misses target again; interest rates fall
The government missed its treasury bills target again as liquidity remained tight on the money market.According to the auction results from the Bank of...
High tax rates hindering growth in Ghana’s petroleum industry – Deloitte Report
Tax-related challenges continue to pose significant threats to Ghana’s petroleum industry, according to Deloitte’s October 2024 Oil and Gas Industry Survey.The report reveals that...
Cocoa Carriers Association to begin indefinite sit-down strike today
The leadership of the Cocoa Carriers Association has instructed its members at the Tema, Takoradi, and Kumasi depots of the Cocoa Marketing Company Limited...
Taylor Swift becomes richest female musician with net worth of $1.6 billion
Taylor Swift has surpassed Rihanna to become the world’s richest female musician, with a net worth estimated to be a whopping $1.6 billion.Swift’s ascent was confirmed on...
5 Nobel-worthy discoveries that haven’t won the prize
The best minds in science will be thrust from academic obscurity into the spotlight next week when the Nobel Prizes in physics, chemistry, and...
NK-Salem Creative Hub: A dynamic space for creative professionals
NK-Salem Creative Hub has established itself as a forward-thinking powerhouse in the creative and tech industries, offering a range of services designed to foster...
Implementation gaps hinder business climate in 50 economies – World Bank
Economies do better at enacting regulations to improve the national business climate than they do in providing the public services needed to secure actual...
Ghana’s progress on debt restructuring remarkable – IMF
Ghana has made remarkable progress on its public debt restructuring, the International Monetary Fund(IMF) has stated in its Third Review of Ghana’s Economic Facility...
NEIP disburses GH¢3m grant to 5th season Presidential Pitch winners
The National Entrepreneurship and Innovation Programme (NEIP) has awarded a GH¢3 million grant to winners of the 5th season of the Presidential Pitch.This initiative,...
Winners of the 5th edition of the Presidential Pitch applaud Akufo-Addo
The winners of the 5th edition of the Presidential Pitch have expressed their gratitude to the President for the initiative, which aims to empower...
IMF reaches Staff-Level Agreement on third review with Ghana
An International Monetary Fund (IMF) team, led by Mission Chief for Ghana, Stéphane Roudet, has reached a Staff-Level Agreement on the Third Review of...
Significant number of Eurobond holders opt for disco option in debt restructuring deal
A significant number of bondholders who participated in the Eurobond Debt Exchange Programme opted for the disco menu of new notes.This means that the...
We are back to capital market after restructuring $13bn Eurobond debt – Finance Minister
The Minister of Finance, Dr. Mohammed Amin Adam has indicated that Ghana is back on the international capital market, following the successful conclusion of...
Eurobond Debt Exchange Programme: Gov’t secures more than 90% participation
The government has secured significant participation from investors in the Eurobond Debt Exchange Programme.This is what Joy Business has picked up from persons familiar...
OpenAI value surges to $157bn in funding deal
OpenAI, the maker of ChatGPT, has raised $6.6bn in its latest funding round, as investors including its early backer Microsoft continue to bet big...