We’re exploring ways to boost returns from SSNIT hotels – Osafo-Maafo
The Social Security and National Insurance Trust (SSNIT) is reconsidering strategies to increase returns from its hotels.This comes after the suspension of the sale...
Parliament passes new cement price L.I into law
The Legislative Instrument (L.I.) seeking to regulate the prices of cement has been passed into law, despite opposition from cement manufacturers and sections of...
Banking sector recovering from Post-DDEP – Monetary Policy Report
The Bank of Ghana has revealed that the banking sector’s performance in half-year 2024 pointed to continuing recovery from the macroeconomic challenges since 2022.However,...
Banks profit increases by 25.5% to GH¢5.4 billion in half-year 2024
The banking industry’s profit-after-tax increased by 25.5% to GH¢5.4 billion in June 2024, the Monetary Policy Report of the Bank of Ghana has revealed.This...
QNET is a legitimate enterprise, not a Ponzi scheme – Management clarifies
QNET, a global lifestyle and wellness company, has responded to recent media reports following the arrest of 487 individuals in Kumasi.In a statement, the...
Shippers Authority, Transport Ministry secure release of six Ghanaian cargo trucks in Burkina Faso
The Ghana Shippers’ Authority (GSA) with support from the Ministry of Transport (MoT) has secured the release of six Ghanaian cargo trucks detained at...
Disregard audio purporting misreading by some OMCs – COPEC alerts general public
The Chamber of Petroleum Consumers (COPEC) Ghana has entreated the general public to disregard a trending audio purporting that some Oil Marketing Companies (OMCs)...
Parliament approves $250m World Bank loan
Parliament has approved a $250 million loan agreement from the World Bank to support Ghana's Energy Sector Recovery Programme.This facility, which was initially rejected...
Banks shareholders’ funds grew sharply by 44.9% to GH¢32.3bn -BoG
Banks’ shareholders’ funds position comprising paid-up capital and reserves continued to improve on account of a rebound in profits across the industry.Total shareholders’ funds...
Banks investments expand by 19.2% to GH¢107.2bn in half-year 2024 – BoG
Bank investments surged by 19.2% to reach GH¢107.2 billion in June 2024, compared to an 11.0% growth in June 2023, according to the July...
SOEs pay over GH₵194m dividend to government in 2023
Profit-making State-Owned Enterprises (SOEs) in the country paid over GH₵194 million in dividends to the government last year.This amount largely comes from firms where...
MoMo vendors in Sissala East suspend services indefinitely over robbery attacks
Mobile money vendors in the Sissala East Municipality of the Upper West Region have indefinitely suspended their services in response to a spate of...
Number of advertised jobs goes down marginally – BoG
The latest Bank of Ghana (BoG) Monetary Policy Report has shown a slight decrease in the number of advertised jobs in June this year.In...
New vehicle registration for first 5 months of 2024 increases by 10.2 percent – BoG report
Data from the Bank of Ghana (BoG) Monetary Policy Report has revealed that the number of new vehicle registrations from January to May 2024...
Business confidence dipped due to rapid exchange rate depreciation in May 2024 – BoG report
The Bank of Ghana (BoG) in its latest Monetary Policy Report has revealed that confidence surveys conducted in June 2024 indicated some softening of...
The timing is wrong – Edward Bawa on govt’s VRA-BPA merger bill [Listen]
The Member of Parliament for Bongo Constituency, Edward Bawa, has criticized the government's proposed bill to merge the Volta River Authority (VRA) and the...
We’ve delivered and we’ll continue to do more – Deputy Finance Minister
Deputy Finance Minister, Dr. Alex Ampaabeng, has affirmed that the government has fulfilled its promises and is dedicated to further enhancing the well-being of...
Expedite Lithium agreement as global demand soars – Kyei-Mensah-Bonsu tells Parliament
The former Majority Leader and Member of Parliament for Suame, Osei Kyei-Mensah-Bonsu, has issued a strong warning about the potential risks of delaying the...
‘Poor roads crippling our business’ – Onion traders at Adjen Kotoku cry for help
In a special JoyNews feature, Adjen Kotoku's onion traders urgently appeal to government to fix the road leading to the new onion market, which...
TAGG urges traders to prioritise fire safety amid recent market fires
The Traders Advocacy Group Ghana (TAGG) has urged local businesses and traders to adopt strict fire safety practices following a series of recent fire...
Ghana Airport Company salutes Virgin Atlantic
The Ghana Airport Company Limited (GACL) has commended Virgin Atlantic following the decision and confirmation to resume operations in the country.The airline on Monday...
Quality of fuel number one preference of consumers – COPEC
The Chamber of Petroleum Consumers (COPEC) Ghana has disclosed that the quality of petroleum product is the number one preference for consumers in the...
NLA licenses 15 private lotto operators in landmark move to regulate industry
As part of efforts to enhance the regulation and transparency of lottery activities across Ghana, the National Lottery Authority (NLA) has publicly issued licenses...
PAC instructs Assemblies to pay withholding taxes to GRA
The Public Accounts Committee (PAC) has instructed various Municipal and District Assemblies to comply with the provisions of the Income Tax Act, 2015 (Act...
MTN Ghana deepens regional connections; engages stakeholders in Tamale and Bolga
MTN Ghana recently held a series of events in the Northern region to connect with its stakeholders.During these engagements, they shared updates on how...
Ghana set to raise cocoa farmgate price by nearly 45%
Ghana is set to increase the state-guaranteed price paid to cocoa farmers by nearly 45% for the 2024/25 crop season, according to two sources...
Cedi depreciation to slow down this week as demand pressure subsides, one dollar equals GH¢16.28
The depreciation of the Ghana cedi is expected to slow down this week as demand pressure subsides.This is coming after the ample intervention by...
CIHRM elects first female President, Vice President
The Chartered Institute of Human Resource Management, Ghana (CIHRM), the only legally mandated HR professional body established by law to regulate the practice of...
BoG reaffirms commitment to clamp down unauthorized lending platforms
The Bank of Ghana (BoG) has reiterated its commitment to cracking down on illegal lending apps that threaten individuals who default on loans.According to...
Opaque transactions in banks could be a conduit for holding proceeds of corruption – AG
Attorney General, Godfred Dame is making a case for banks and other related financial Institutions to be held accountable for concealing the identities of...
Fuel price reduction: Petrol at GH₵14.16, diesel GH₵14.70 a litre
Some oil marketing firms have started reducing prices of petroleum products at the pumps from today September 2, 2024.Market leader GOIL is selling a...
Fact Check: Misleading! Ghana’s industrial sub-sector did not collapse in 2016
Claim: Dr Mahamudu Bawumia, the 2024 flagbearer of Ghana’s governing New Patriotic Party (NPP), says industrial growth in the country had collapsed due to erratic power...
Blue Gold takes over operations of Bogoso and Prestea mines
Gerald Group, one of the world's oldest and largest independent commodity trading companies, has assumed control of the Bogoso and Prestea mines, now operating...
T-bills auction: Government misses target again; interest rates shoot up
For two consecutive months, the government missed its target for treasury bills as liquidity remained tight on the money market.According to auction results from...
Prices of petrol, diesel to remain stable or fall – IES
The Institute for Energy Security (IES) is projecting price stability for petrol and diesel for the next two weeks.However, Liquified Petroleum Gas (LPG) could...
Ban on grain exportation to be lifted by November – Bryan Acheampong
The Minister for Food and Agriculture, Dr. Bryan Acheampong, has revealed the government's plan to lift the recently imposed ban on grain exports by...
GIPC seeking government funding after revenue sources dry up – Bright Simons alleges
Vice President of IMANI Africa, Bright Simons, has expressed concern over the Ghana Investment Promotion Center's (GIPC) recent decision to seek taxpayer funding after...
Ghana ranked low on the Open Budget Survey
Ghana has scored 46 out of 100 in the gobal, 2023 Open Budget Survey (OBS), which examines public access to central government budget information.The...
Agric Ministry exaggerating dry spell to mismanage funds – Charles Nyaaba
A former Director of the Peasant Farmers Association of Ghana, Dr. Charles Nyaaba, has accused the Ministry of Food and Agriculture of overstating the...
Ghana committed to adding nuclear power to energy mix – Minister
A Deputy Minister of Energy has affirmed Ghana’s commitment to adding nuclear power to the country’s energy mix.Speaking at the second edition of the...