Bawumia to remove taxes on mobile phones to make them cheaper
The Vice President and New Patriotic Party (NPP) presidential candidate, Dr. Mahamudu Bawumia, has reaffirmed his commitment to remove taxes on mobile phones to...
Tenure of SSNIT Board extended to Jan 6
The Minister for Employment, Labour Relations, and Pensions, Ignatius Baffour Awuah, has extended the tenure of the current Board of Trustees of the Social...
Agri-Impact group board of directors holds strategic meeting to review progress and future Plans
The Board of Directors of Agri-Impact Group Limited convened for its annual meeting last week at the Peninsula Resort in Akosombo, located in the...
Total value of mobile money transactions hit GH¢2.368trn in October 2024
Data from the Bank of Ghana has revealed that the total value of mobile money transactions hit a record GH¢2.368 trillion in the 10...
Domestic economy remains stable – BoG
The Bank of Ghana has indicated that domestic macroeconomic conditions remain stable.According to the Bank of Ghana, data observed through October 2024 indicated broad...
Ras Mubarak sues MTN Ghana for $5m over roaming service failure
Former Kumbungu Member of Parliament, Abdulai Mohammed Mubarak, popularly known as Ras Mubarak, has filed a lawsuit against Scancom PLC, operators of MTN Ghana,...
Tax cuts are appealing, but could deepen economic challenges – Analyst cautions incoming gov’t
A Manager of Macroeconomic Research at Ghana Commercial Bank PLC, Courage Boti, has called for a cautious approach to tax cut expectations as a...
Ghana’s trade surplus hits $3.8bn by October 2024
Ghana recorded a remarkable trade surplus of $3.8 billion by the end of October 2024, as reported in the Bank of Ghana's November 2024...
Secured Loans: Greater Accra accounts for 62.8% of total loans; GCB records highest at 16.4%
The total value of secured loans granted by banks and Specialised Deposit-Taking Institutions in the 3rd quarter of 2024 was concentrated in the Greater...
MGA consulting wins overall best business promotion and consultancy sector award
MGA Consulting Ghana Limited, a rapidly growing management consultancy firm, has been honoured with the Overall Best Business Promotion & Consultancy Sector Award at...
Elmina residents threaten gov’t with the wrath of their gods over collapse of Nduom’s businesses
Some residents of Elmina in the Komenda Edina Eguafo Abirem (KEEA) Municipality of the Central Region have issued a stern one-week ultimatum to the...
95,340 collateral registrations recorded in quarter 3, 2024 – BOG
The total number of collateral registrations recorded for Q3 2024 was 95,340, as revealed by the Bank of Ghana in its Quarterly Collateral Registry...
Gov’t boosts Agriculture through Economic Enclave Programme
The government has intensified efforts to revitalize the agricultural sector through the Economic Enclave Programme under the Ghana CARES initiative.In the Greater Accra Region,...
Total value of secured loans granted by banks, SDIs hits GH¢5.6b in Q3, 2024
The total value of secured loans granted by banks and Specialised Deposit-Taking Institutions (SDIs) in the third quarter of 2024 was GH¢5.6 billion.This is...
Thousands of job opportunities opened for the youth under Ghana’s Petroleum Hub Project – CEO
The Chief Executive Officer (CEO) of the Petroleum Hub Development Corporation, Charles Owusu, has announced that thousands of job opportunities will be created for...
Ghana Link recognized for revolutionary trade technology solutions
In a remarkable showcase of African technological leadership, Ghana Link Network Services Ltd. dominated the prestigious World Business Leaders Congress 2024 in Dubai, with...
Ghana and Seychelles sign two agreements
Ghana and Seychelles have signed a Bilateral Air Service Agreement (BASA) and a Memorandum of Understanding (MoU) to strengthen their bilateral relationship.The MOU is...
PMMC, a state agency that puts Ghana’s gold on top of Africa and the world
Established in 1963, PMMC was mandated to purchase and market Ghana’s gold and diamond resources. In 1965, the Parliament of Ghana formally endorsed PMMC...
Ghana’s economy has recovered strongly – Amin Adam
Finance Minister, Dr. Mohammed Amin Adams, has announced that the nation’s economy has fully rebounded from recent challenges.Speaking at a rally in Saboba in...
Insurance penetration rate in Ghana to remain around 1.0% – Deloitte
The insurance penetration rate in Ghana is expected to hover around 1.0% in 2024, according to Deloitte’s Africa Insurance Outlook 2024.However, insurance penetration in...
Cedi’s recovery continues; one cedi going for GH¢16.70
The Ghana cedi continued its revival for the second consecutive week, supported by increased liquidity from the Bank of Ghana.This follows the Central Bank’s...
Bond Market: Turnover soars by 13.14 percentage points on offshore investor boost
Turnover in the secondary bond market rose last week to GH¢1.12 billion, up from GH¢991 million recorded in the previous week.General category bonds made...
Tema Tank Farm celebrates a major safety milestone
Tema Tank Farm (TTF), Ghana’s leading privately-owned petroleum depot in the country, has celebrated its 2,000 days without lost time injury (LTI).This is the...
Ghana to face liquidity pressures in 2025, 2026 despite restructuring most of its debt – Fitch
Despite restructuring most of its debt, Fitch Ratings has warned that Ghana will face significant liquidity pressures going into next year and 2026.According to...
T-Bill Auction: Government misses target again; interest rates continue to rise
The government missed its treasury bills target once again by 7.0%.According to auction results from the Bank of Ghana, the government raised GH¢6.413 billion,...
AOMC CEO urges struggling OMCs to merge for a stronger industry
The CEO of the Association of Oil Marketing Companies (AOMCs), Dr Riverson Oppong, has called on underperforming Oil Marketing Companies (OMCs) to consider merging...
BoG Governor calls for increased preparedness to respond to financial sector challenges
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has called for increased preparedness to anticipate, adapt, and respond to emerging challenges...
IMF board to disburse $360m to Ghana in December after third review
The International Monetary Fund (IMF) board is set to meet in early December and approve the disbursement of US$360 million to Ghana.This will be...
Asian African Consortium assures investors of sustainable rice production and food security
The Northern Sector Coordinator of the Asian African Consortium (AAC), a subsidiary of the Jospong Group of Companies, Peter Dawuni, has reaffirmed the company's...
Ghana ranked 7th globally as the biggest beneficiary of World Bank Funding
Ghana is ranked 7th in the world as the biggest beneficiary of World Bank funding.The country has received a total of US$11.2 billion in...
National Ambulance Service CEO honoured at 100 Most Influential People Awards
The Chief Executive Officer of the National Ambulance Service (NAS), Professor Ahmed Nuhu Zakariah, has been recognized at the 2nd Edition of the 100...
Employees must file annual income tax returns – GRA
Eric Anthony, Supervisor, Chief Revenue Officer, for Upstream Petroleum Audit at the Large Taxpayers Office of the Ghana Revenue Authority’s (GRA) Domestic Tax Revenue...
Regulators of financial institutions urged to develop policy framework for climate financing
Regulators of financial institutions have been called upon to develop policy frameworks that will support businesses promoting climate change initiatives.This, according to stakeholders, will...
Producer Price Inflation rate increases to 33.0% in October
The latest data from the Ghana Statistical Service (GSS) indicates that the Producer Price Inflation (PPI) rate rose to 33.0% in October 2024, up...
Akufo-Addo commissions new Bank of Ghana headquarters [Photos]
President Akufo-Addo on Wednesday 20th November 2024 commissioned the new state-of-the-art headquarters of the Bank of Ghana(BoG) in Accra, marking a significant milestone to...
Economy rebounding with 6.9% growth in 2nd quarter – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has commended the Bank of Ghana for navigating Ghana's economy in a resilient manner.According to President Akufo-Addo, the economy...
BoG unveils Bank Square: A new era in Ghana’s financial landscape
In a historic and momentous ceremony, the Bank of Ghana (BoG), officially commissioned its state-of-the-art headquarters, christened the Bank Square, on November 20, 2024.Located...
New BoG Headquarters: A symbol of stability and growth – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has highlighted the significance of the newly inaugurated Bank of Ghana headquarters in bolstering the Central Bank’s ability to...
Our new headquarters will improve efficiency – BoG Governor
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has expressed optimism that the newly inaugurated headquarters of the Central Bank will...
Gov’t blocks pension funds from offshore investment on currency concerns, sources say
Government is clamping down on private pension fund managers who want to invest in offshore assets on concerns it could worsen pressure on its...