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Zoomlion boss goes to court to scuttle Joy News corruption investigation

The CEO of Zoomlion Ghana Limited and Chairman of the Jospong Group of Companies, Joseph Siaw Agyepong, has gone to court in an attempt...

CDH invests GHC15,000 in GAF graduation

CDH Asset Management Limited, a subsidiary of CDH Financial Holdings Limited, has once again demonstrated its unflinching support for the Ghana Armed Forces Command...

Expresso sale, share transfer breaches industry regulations

The Electronic Communication Act, Act 775, 2008, requires telecom network operators to give the National Communications Authority (NCA) thirty days notice before selling or...

Jubilee Fields unitization to cost $1.9bn

Jubilee Fields operator, Tullow Oil, and its partner, Kosmos, have revised down the cost estimate for integrating the field with nearby discoveries into the...

Crude price dips

Oil dipped on Monday, weighed down by rising U.S. output although a 13 percent fall in U.S. crude inventories since March indicated a gradually...

ICU wants government to scrap overtime taxes

The Industrial and Commercial Workers Union (ICU) is calling on the government to waive the taxes on overtime earnings by workers. ICU General Secretary, Solomon...

Tigo, Airtel staff anxious as spectrum debate stalls merger approval

Adom News can confirm that there is rising anxiety among workers and even some management staff of Tigo and Airtel due to five months...

Mandatory toll levy scrapped

Government will not implement the mandatory towing levy which was scheduled to commence on July 1, 2017. A statement signed by the Minister of Transport...

African governments are bad at running businesses – Dangote

Nigerian billionaire Aliko Dangote says African governments have never been good at running any business which has impacted negatively on the development of the...

GRA to clampdown on unregistered businesses

The Ghana Revenue Authority (GRA) Debt Management Team has asked qualified businesses that are not registered to do so with immediate effect to avoid...

PIAC holds forum on oil revenue usage at Denu

The Public Interest and Accountability Committee (PIAC) has held a day’s public forum on the country’s petroleum revenue between 2011 and 2016 at Denu...

Meet Governor of BoG – Dr. Ernest K.Y Addison

Ernest Kwamina Yedu Addison (born 1963) is a Ghanaian economist, and the fifteenth and current Governor of the Bank of Ghana (BoG). He previously...

Ecobank opens "Help Sierra-Leone Fund"

Ecobank Ghana has opened a special account dubbed "Help Sierra-Leone Fund" to raise money in Ghana to go support the victims of the recent...

Kludjeson swear to takeover and revive Kasapa Telecom

Founder of Celltel Limited, which is today called Kasapa Telecom Limited, Prince Kofi Kludjeson said he is in the process of taking over the...

Why the internet is important in maximizing Ghana's tourism potential

  The Internet is a global network that links all computer devices together, allows transmission of information and facilitate communication. This is the textbook...

Freight forwarders up in arms against gov’t over paperless port

Ghana Institute of Freight Forwarders (GIFF) and concern freight forwarders association are up in arms against government over the proposed paperless port to be...

Don’t label local businesses corrupt – Jospong boss

The Executive Chairman of the Jospong Group of Companies, Mr Joseph Siaw Agyepong, has bemoaned the practice where local businesses which are partnering with...

‘Mobile money changing financial landscape’

The General Manager for Mobile Financial Service at MTN Ghana, Eli Hini, has stated that mobile money services are gradually taking a centre stage...

Audio: NEDCO to arrest ‘power thieves’ in Brong Ahafo region

The Northern Electricity Company (NEDCo) has hinted that it will hit the streets, work places and homes soon to prosecute people involved in illegal...

Minister woos investors into “One District, One Factory”

Mr Allan Kojo Kyeremateng, the Minister of Trade and Industry, has called on Indian businessmen to take advantage of the Government’s “One District, One...

Entrepreneur, Prince Kofi Kludjeson shares story

Ghanaian Entrepreneur, Prince Kofi Kludjeson has shared his inspirational story of how he became a business guru. The technology guru also predicted Ghanaians will by...

Displaced workers in UT, Capital banks need psychological insurance

The Ghana Psychological Association says employees who may lose their jobs following the collapse of two Ghanaian-owned banks, need psychological and unemployment insurance benefits. In...

Ghana is a very attractive business destination – Federation of Indian Businesses

Ghana is a very attractive destination for Indian businesses and a gateway to Africa in general and West Africa in particular, a senior business...

National Farmers’ Day celebration launched

This year’s National Farmers’ Day (NFD) celebration will be remodelled to reflect and showcase better contribution of the farmers and fisher folks as well...

Fuel prices to shoot up by 5%

The Institute for Energy Security (IES) has projected a fuel price increase of between 3 and 5 percent in the second fuel pricing window...

Former Capital Bank CEO predicted bank's collapse

The writing was on the wall for the collapsed Capital Bank as far back as at least 2014, according to memo sighted and published...

MTN pays over GH₵25m in interest to Mobile Money customers

MTN Ghana has paid over GH₵25 million in interest to about 7.8 million Mobile Money customers for the first half of 2017. The GHC25 million...

UT bank, Capital bank collapse: GCB not obliged to keep employees – Analyst

GCB Bank is not under any obligation to keep employees of UT Bank and Capital Bank who may be rendered jobless after the collapse...

We need about five strong local banks – Ofori-Atta says as GCB takes over two

The economy needs about five “well capitalised indigenous banks,” Finance Minister, Ken Ofori-Atta, has said, “so that we have a system that is well...

We will borrow, but ‘responsibly’ – Dr Bawumia defends

Vice President Dr. Mahamudu Bawumia has said no government can operate without borrowing, promising that the current administration will responsibly use of loans contracted. The...

India applauds Akufo-Addo's people-centered policies

India’s Minister of State for External Affairs, M.J. Akbar, has applauded the policies and programmes being implemented by the government of the President of...

Audio: Jospong commits to partner with more companies in towing job

Executive Chairman of the Jospong Group, Joseph Siaw Agyepong has indicated his intention to engage more companies in providing compulsory towing service to the...

Minority wants bi-partisan probe into collapse of UT, Capital Banks

The Minority in Parliament is demanding a bi-partisan probe into the circumstances surrounding the collapse of two indigenous banks in Ghana. Cassiel Ato Forson who...

I’m not greedy – Zoomlion Boss

Executive Chairman of the Jospong Group of Companies, Joseph Siaw Agyepong, has dismissed suggestions that greed drives his business interests. According to him, he is...

UT Life not affected by UT Bank takeover

The Management of UT Life Insurance Company Limited says the recent announcement by Bank of Ghana on the takeover of UT Bank by GCB...

UT and Capital banks were on life support for 2years – BoG

The Bank of Ghana (BoG) says the forced takeover of UT Bank and Capital Bank on Monday morning is an action of last resort...

UT Bank, Capital Bank collapse: No panic withdrawals so far – BoG

There has not been any panic withdrawals at various branches of both Capital and UT Banks, following GCB Bank’s takeover of both banks, Bank...

We’ll address threat to industries – Akufo-Addo

President Akufo-Addo has emphasized that his government is working in earnest to create ways for industries to thrive and become a major source of...

Gov't at execution phase of industrialisation programme – Akufo-Addo

President Nana Akufo-Addo has appealed for the private sector as government begins the implementation phase of its programme of industrial transformation of the country. He...

“Ghana to increase export volumes under AGOA to $500m 2020” – Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, says his government is in the process of finalising Ghana’s new Africa Growth and Opportunity...