STC, Metro Mass to get new buses
In line with government's agenda to improve public transportation, the Ministry of Finance has initiated processes for the acquisition of high occupancy buses for...
Burdens of Ghanaians eased under Akufo-Addo government – Ken Ofori Attah
The Minister of Finance, Ken Ofori Attah, says the President Akufo-Addo government has eased the burdens of Ghanaians since coming into office.Mr Ofori-Atta told...
Full Mid-Year Fiscal Policy review of the 2018 Budget Statement and Economic Policy
Finance Minister, Ken Ofori-Atta, on Thursday, presented government’s Mid-Year budget review of the 2018 budget to Parliament.Among other things he revealed that the economic...
Government to introduce luxury vehicle levy
Minister of Finance, Ken Ofori Attah, has revealed that government will soon impose tax on luxury cars with an engine capacity of 3.0 litres...
ALL THE PHOTOS: 2018 Mid-Year Budget Review
The Finance Minister, Ken Ofori-Atta has presented before Parliament the government’s 2018 mid-year budget review Thursday afternoon.The presentation was in line with Ghana’s Financial Management...
No increase in taxes – Finance Minister assures
The Minister of Finance Ken Ofori Attah has told parliament that there will be no increase in taxes as has been speculated on social...
Chorkor fishermen back ban on fishing
Some fishermen at Chokor have backed the ban on fishing, saying the move will help replenish fish stock in the country’s waters.Minister of Fisheries...
Aliko Dangote, Africa’s richest man, on his ‘crazy’ $12bn project
As a rule, I don’t get worked up over oil refineries. But the one gradually taking form on 2,500 hectares of swampland outside Lagos,...
VIDEO: Ghana’s economic growth outstanding – Kojo Oppong Nkrumah
Deputy Information Minister Kojo Oppong Nkrumah has described Ghana’s economic growth as outstanding.He said after a year of fiscal discipline and innovative economic management,...
No VAT increases in mid-year budget review
Proposed increases in the rate of value-added tax have been frozen, sources close to the government have indicated.Joy Business sources say Finance Minister Ken...
New tariffs could hurt Tilapia’s popularity
Tilapia’s rise to ubiquity across U.S. restaurants and seafood aisles over the past decade has been rapid. Now that the Trump administration has targeted...
Expect to pay more at the pumps soon – IES
Fuel prices remained steady for the past two pricing windows, but expect to see a slight increase in coming weeks, the Institute of Energy...
Ban on fishing to start on August 7 – MOFAD
Government has imposed a one month ban on all fishing activities in the country.The ban takes effect from August 7 to September 4, this...
VAT may go up from 17.5% to 21.5%
Minister of Finance, Ken Ofori-Atta is likely to increase the Value Added Tax (VAT) to 21.5 percent from the current 17.5 percent in the...
VIDEO+PHOTOS: Leasafric Ghana outdoors juicy packages for its world-class car rental services
The government of Ghana has been urged to create a conducive environment for businesses in the country.The General Manager for Leasafric Ghana, Kalu Onyeamu...
GO Energy gets new Managing Director
The Ministry of Energy has appointed Razak Awudulai as the Managing Director of the GO Energy Company Limited.GO Energy is a subsidiary of state-owned...
Ghana’s total debt stock hits GH¢154 billion
The country’s total debt stock has reached GH¢154 billion May ending, according to a provisional data from the Bank of Ghana.The provisional data shows...
Inflation rate for June hits 10%
The inflation rate for June 2018 rises to 10 per cent as a result of increases in prices of non-food items in the country.This...
First Allied deny ties with Kwesi Nyantakyi
First Allied Savings and Loans (FASL) has denied allegations that Kwesi Nyantakyi is a shareholder of the company and that Bank of Ghana is...
Banks’ Non Performing Loans hit GH¢8.6bn – BoG
Despite moves by the central bank to sanitize the banking sector, the industry’s asset quality remains a source of concern as the Non-Performing Loans...
Cocobod to boost cocoa production to one million tonnes
Ghana Cocoa Board (COCOBOD) says it expects to boost cocoa production to one million metric tonnes ahead of a five-year target because of the...
MODEC partners commit $250,000 to Medical Research in Ghana
MODEC Ghana, operators of the FPSO Kwame Nkrumah has underscored its commitment to support science research in Ghana.It has together with other partners signed...
NPP Conference: Traders in Koforidua make good sales
Traders in Koforidua have taken advantage of the national delegates’ congress of the ruling New Patriotic Party (NPP) to do brisk business.More than 6,000...
Ghana’s cocoa sector to receive a $100m boost
Ghana's Cocoa sector is to receive a $100m investment from the World Cocoa Foundation to help grow the sector, President of the Foundation has...
Promoting trade between Ghana and Burkina Faso, SIC Insurance leads the way
In order to promote the free movement of goods within the sub-region, the Economic Community of West African States (ECOWAS) adopted among other Protocols...
Drugs industry hits US$1bn in value…but 70% imported
The pharmaceuticals industry is expected to reach $1 billion in value by end of 2018, but 70 percent of pharmaceutical products used in the...
Cylinder Manufacturing Board dissolved
President Nana Akufo-Addo has directed the dissolution of the Board of Ghana Cylinder Manufacturing Company (GCMC) Limited.A letter signed by Energy Minister, Boakye Agyarko,...
Cedi will keep depreciating – Avedzi predicts
The Deputy Minority Leader, James Avedzi, has predicted a further decline in the value of the Ghana cedi, following its recent free fall against...
Gov’t borrows $1.25bn for new spending
Government is engaging in $1.25 billion in foreign borrowing from commercial lenders this year to finance its projects and programmes.This is adding to the...
‘Aayalolo’ drivers on strike over 5 months’ unpaid salaries
Drivers of the Quality Bus System (QBS), popularly known as Aayalolo, have embarked on a sit-down strike over unpaid salary arrears.The aggrieved drivers have...
Don’t exit IMF completely – Seth Terkper
Former Finance Minister Seth Terkper has made a strong case for government not to completely exit the International Monetary Fund (IMF) programme, as it...
Cocoa light crop season opened, price unchanged
Ghana’s Cocobod regulator opened its cocoa light crop purchases on Friday and will keep the price it pays farmers unchanged at 7,600 cedis ($1,586)...
BoG saddened by the death of Amissah-Arthur – Dr Addison
Governor of the Bank of Ghana, says the staff of the central bank is saddened by the passing of the former vice president of...
Multi-TV Habitat Fair 2018 Launched
Real Estate developers have been challenged to be innovative and use local materials to drive down the cost of houses.This according to the Deputy...
SMT Ghana introduces Dongfeng Trucks
SMT Ghana, the official Distributor of Volvo Construction Equipment, Volvo Trucks and Volvo Penta in Ghana, has boosted Ghana’s haulage and logistics industries with...
Glo lines up stars for Mega Music, Lafftafest shows
Telecommunications operator, Glo Mobile, is set to flag a major entertainment marathon project, Glo Mega Music and Lafftafest shows, which will have some of Africa’s best music and...
Ghana bans tilapia imports
Ghana has announced a ban on the importation of Tilapia into the country following the emergence of a new virus, Tilapia Lake Virus (TilV),...
Gov’t bans tilapia, ornamental fish import over virus scare
Government has banned the importation of all ornamental fishes and tilapia species in a bid to check a possible spread of Tilapia Lake Virus in Ghana.According...
Improving financial inclusion: Finance Ministry to digitize informal sector
The Ministry of Finance has announced that plans are underway to enroll workers in the informal sector on to a digital platform to improve...
Pineapple’s 10% market share drops to 3%
The country’s share of the International Pineapple Export Market has declined sharply from 10 percent in 2004 to 3 percent in 2014, the Ghana...