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Liberian President Weah Orders Probe of Exxon's 2013 Oil Deal

Liberian President George Weah ordered a probe into Exxon Mobil Corp.’s 2013 deal for drilling rights off the West African nation’s coast, his office...

Jumia 2017 results highlights

Jumia, the leading online eCommerce ecosystem in Africa, grew GMV by 64,5% to 197,9 MEUR (+113% in constant currency) in the fourth quarter of...

Atwima Kwanwoma Rural Bank exceeds BoG's minimum capital requirement

The Atwima Kwanwoma Rural Bank has exceeded Bank of Ghana’s minimum capital requirement of GHS1 million by more than 200 percent. The capital of the bank...

Jumia Ghana set to launch superhero deals

All is set for Africa’s leading online retail company to launch another giant discount campaign called the #SuperHeroDeals. This comes after Jumia Mobile Week...

Galamsey ban to be lifted soon – Deputy Minister

Deputy Minister for Lands and Natural Resources, Barbara Oteng-Gyasi has assured the small scale mining sector to exercise a little patience as the process...

Former MASLOC CEO fights back; claims defamation

Lawyers for former MASLOC boss, Sedina Tamakloe Attionu has described as defamatory, the contents of an audit report citing her for fraud. Victor Kojoga Adawudu said...

Africa Media Sales Development ready to aid workers achieve their target sales efficiently

Africa Media Sales Development (AMSD)  has introduced a new series of Media Sales development programmes dubbed the ”Media Marketplace” opened for media professionals who...

Ex-MASLOC boss, others cited for fraud, 'ghost' projects

A forensic audit of the operations of MASLOC under the John Mahama administration has revealed jaw-dropping suspected fraud and financial impropriety. The report which has...

OmniBank is the official bank for 2018 pilgrimage

OmniBank has signed an agreement with the Ministry of Chieftaincy and Religious Affairs as the official Bank and partner for the Christian pilgrimage to...

Ghana’s GDP growth for 2017 hits 8.5 percent

Ghana's Gross Domestic Product (GDP) provisional growth for 2017 hits 8.5 percent, according to figures from the Ghana Statistical Services (GSS). This is a sharp...

MTN hero: Linat Osman Kundaribuo championing sex education in Wa

Linat Osman Kundaribuo is MTN Heros of Change Season VI nominee making positive changes in her home town. She is a 30-year old teacher and...

GRA ups voluntary tax compliance to support

The Central Region Office of the Ghana Revenue Authority (GRA) has said it would continue to run after taxpayers using coercion to ensure voluntary...

Newmont shuts down operations in Ghana after Ahafo tunnel collapse

Mining firm, Newmont Gold Ghana Limited, has shut down all its mining operations in Ghana temporarily, after tragedy hit its Ahafo Mine over the...

Fuel prices projected to increase by up to 2% from next week

The Institute for Energy Security (IES) has projected fuel price increases between 1 and 2 percent in the first pricing window of April barring...

BoG shuts down 'Wyselink Microfinance' for operating with fake license

The central bank is warning the public that Wyselink Microfinance is not licensed to take deposits. “Wyselink Microfinance Limited was operating with a forged Bank...

Be bold, name cartel sabotaging Gov’t in petroleum sector – BOST staff challenged

Staff of the Bulk Oil Storage and Transportation (BOST) have been challenged to name members of the supposed cartel that is manipulating fuel prices...

Gov't beats 2017 deficit target

For the first time in seven years, the government has spent less than it budgeted, thanks to a drastic cut in expenditure in response...

'Great cartel’ manipulating fuel prices – BOST staff warn government

The Junior and the Senior Staff unions of the Bulk Oil Storage and Transportation Company Limited (BOST), have called on the government to move...

No dividends, as banks struggle to raise GH¢400m

Despite impressive performances in 2017, banks are not likely to deal out dividends this year; at least not so generously, as they struggle to...

Adakabre to lead VIP's strategy as new General Manager

Radio broadcaster, Ernest Frimpong Manso, popularly known as Adakabre, has been appointed General Manager of transport giant, VIP Jeoun Transport Company Limited. The privately owned...

COCOBOD gets five-member audit committee

A five-member Audit Committee has been inaugurated for the Ghana Cocoa Board (COCOBOD) to ensure adherence to public financial management regulations. The committee was inaugurated...

Adakabre to lead VIP's strategy as new General Manager

Radio broadcaster, Ernest Frimpong Manso, popularly known as Adakabre, has been appointed General Manager of transport giant, VIP Jeoun Transport Company Limited. The privately owned...

Barclays Bank posts ¢550 million in profits for 2017

Barclays Bank recorded ¢550 million in profits before tax for 2017, the Bank’s Audited financial statements ending December 2017 has shown. The bank recorded a...

Agriculture: silver bullet to Ghana’s economic development

Mr Kenneth Kwamina Thompson, Chief Executive Officer of Dalex Financing and Leasing Company (Dalex Finance) has tagged Agriculture as the magic ‘silver bullet’ to...

We will save $60m yearly from renegotiated Karpower deal – Deputy Minister

Though the exact savings from the renegotiation of the Karpower deal from 10 to 20 years are yet to emerge, Ghana will be saving...

OmniBank organizes SME Clinic for Health Institutions

Some health institutions across the country have benefitted from the OmniBank’s SME Clinic in Accra. The initiative is part of efforts by the SME focused...

Goldstreet Business donates to orphanage

The management and staff of Goldstreet Business, Ghana’s leading business newspaper on Wednesday, March 28, donated foodstuffs and toiletries valued at over GHS13,000 to...

Is Payday = Save Day ?

This certainly isn’t the way we all expected adulthood to be. Comparing the peace and zero responsibility of childhood to the extra stress on...

KMA owes waste companies almost GHS 64m; appeals to gov’t for a bail-out

The Kumasi Metropolitan Assembly (KMA) owes waste management contractors to the tone of 63, 800,000 Ghana Cedis. The assembly is required to pay, at least...

Bank of Ghana cuts policy rate to 18%

The Monetary Policy Committee of Bank of Ghana has reduced the policy rate by 200 basis point, the bank announced on Monday. This means the...

Ghana’s debt hits GH¢142.5bn, reaches 69.8% of GDP

New figures released by the Bank of Ghana (BoG) after its Monetary Policy Committee (MPC) meeting show that Ghana’s public debt reached 142.5 billion...

US$2.5b earned from cocoa is abysmally low – Dr. Akoto

The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, has said, Ghana’s US$2.5billion annual earnings from cocoa commodity is abysmally low, even though...

MTN to inject $144M into network infrastructure in 2018

Ghana's leading telecommunication giant, MTN is set to inject over $144 million of capital expenditure towards expanding quality network services. MTN has a market share...

It’s blackmail: Agyarko condemns allegations against BOST

Energy Minister, Emmanuel Boakye Agyarko, on Thursday, said the allegations against Bulk Oil Storage and Transportation (BOST) amounts to blackmail. He states: “I cannot sit...

Audio: UniBank abandons plan to consider arbitration

UniBank says it has abandoned plans to consider the option of arbitration over the management takeover of the institution. This was after the Bank earlier...

Government ‘bans’ importation of frozen chicken

As a policy direction to help revamp the local poultry industry, government has restricted the importation of frozen chicken drastically, Dr. Gyiele Nurah –...

‘BoG intervention in uniBank timely’

The President of the Ghana Association of Bankers (GAB), Mr Alhassan Andani, has backed the move by the Bank of Ghana (BoG) to hand...

GUTA prasies govt over VAT reduction

The Ghana Union of Traders Association (GUTA) has eulogized the Akufo-Addo led government for addressing their concerns. This was after government scrapped VAT on 64...

Government scraps VAT on 64 commodities

The government has announced that it has since March 1, 2018 scrapped VAT on 64 commodities after consultation with the various stakeholders. A statement issued...

Panic withdrawals at Unibank branches

Branches of uniBank have opened to panic withdrawals by customers across the country barely a day after it was taken over by the Bank...