Bawumia asks stakeholders to explore innovative solutions to bridge road financing gap
Vice President, Mahamudu Bawumia has tasked stakeholders in the road infrastructure provision industry to critically evaluate the opportunities in the financing models for funding...
Probe into PBC’s finances long overdue – Former workerÂ
A former worker of PBC Limited, Frederick Ackon has endorsed workers call for a probe into the company's financial management.The workers have called on...
New Shippers’ Authority law set to transform Ghana’s shipping industry – CEO affirms
At a pivotal stakeholder meeting held at the Ghana Shippers’ Authority (GSA) headquarters on Friday, August 2, 2024, GSA CEO Kwesi Baffour Sarpong underscored...
Some manufacturing companies responsible for exchange rate volatilities – Finance Minister
The Minister of Finance, Dr Mohammed Amin Adam has expressed worry about the conduct of some local manufacturing companies.He accused them of engaging in...
Bawumia moves to fulfil dream of gold value addition
The Vice President, Dr Mahamudu Bawumia, has noted that the establishment of a refinery in Ghana is a strategic investment which contributes immensely to...
GRA grants amnesty to users of uncustomed vehicles
The Customs Division of the Ghana Revenue Authority (GRA) has granted a two-month amnesty period for users of uncustomed vehicles.The amnesty which took effect...
SSNIT has made positive strides in recent years – Osafo-Maafo
The Director General of the Social Security and National Insurance Trust (SSNIT), Kofi Bosompem Osafo-Maafo, has highlighted the significant progress made by the management...
Stable macroconomic environment to boost GSE growth in second-half of 2024
Stocks are expected to continue to perform well on the Ghana Stock Exchange (GSE) going into the second half of 2024.While non-financial stocks have...
Current PBC management knows nothing about cocoa industry – Former worker
A former staff of PBC Limited, formerly called Produce Buying Company, Frederick Ackon has blamed management for the predicament of PBC.Acknowledging that every new...
Angry PBC workers demand probe into financial issues [Audio]
Workers of the Produce Buying Company of Ghana (PBC) are appealing to state agencies to probe its management concerning financial issues.The workers have also...
Expand road tolling system to ensure equity – Bawumia
Vice President, Dr Mahamudu Bawumia has called for an expansion of Ghana's road tolling system to make it more inclusive and comprehensive.This proposal follows...
Kejetia-Central Market traders excited as redevelopment project resumes
Traders in the Ashanti region have expressed satisfaction with the resumption of work on phase two of the Kejetia-Central Market redevelopment project, which had...
Build up sinking fund to ensure sufficient repayment of restructured debts – ISSER
The Institute of Statistical, Social and Economic Research (ISSER) has emphasized the importance of reinforcing Ghana’s Sinking Fund to adequately manage the repayment of...
Stop apologising and reduce rising debt – Independent Bondholders Forum to Minister
A member of the Bondholders Forum, Harry Yamson has recommended that the government prioritise addressing the debts as a solution to the country's economic...
Gary Nimako clashes with lawyer of lotto operatorsÂ
A heated debate has ensued between the Board Chairman of the National Lottery Authority (NLA) Gary Nimako Marfo and the lawyer for private lotto...
Agbogbloshie redevelopment: Residents question plans for old onion market
Three years ago, the old Agbogbloshie onion market and scrap yard was cleared in a major demolition exercise, aiming to pave the way for...
Electrochem set to list on Ghana Stock Exchange – Mireku Duker announces
The government has reaffirmed its dedication to supporting the seamless operations of Electrochem Ghana Limited in the harvesting of salt at the Songhor Lagoon...
Government borrowed GH¢115.77bn in half-year 2024, but interest rates declined sharply
The government borrowed GH¢115.77 billion from the treasury market in the first-half of 2024, representing a 70.22% increase over the same period last year.During...
Bond market: Turnover surged by 67.63% to GH¢1.5bn
Ghana's secondary bond market rebounded with a 67.63% increase in turnover from the previous week.The February 2027 and February 2033 maturities dominated trading. This...
Gov’t plans to sell Komenda sugar factory – Former Board member alleges
A former member of the Komenda Sugar Project Management Board, Ransford Vanni Amoah, has accused the government of deliberately devaluing the Komenda Sugar Factory...
Collapse SIGA; it is a wasting enterprise – Franklin Cudjoe [Audio]
Founding President of IMANI Africa, Franklin Cudjoe, has called for the urgent dissolution of the State Interest and Governance Authority (SIGA).He argued that SIGA...
Cedi to gain some respite against dollar this week; one dollar equals GH¢15.87
The Ghana cedi is expected to gain some respite against the US dollar this week following the weakening American greenback as there is a...
Govt’s decision to lease Komenda Sugar Factory reveals inability to manage – Franklin Cudjoe [Listen]
Founding President of IMANI Africa, Franklin Cudjoe, has reacted to the government's decision to lease the Komenda Sugar Factory.In his view, the move demonstrates...
Murtala Mohammed blames NPP for Komenda sugar factory deterioration [Audio]
Former Deputy Trade Minister, Murtala Mohammed has stated that the ruling New Patriotic Party (NPP) is responsible for the deterioration of the Komenda Sugar...
Inflation expected to reach 15% by end of 2024 – Amin Adam
Finance Minister, Dr. Mohammed Amin Adam, has projected that Ghana’s inflation rate will reach 15% by the end of 2024.During a town hall meeting...
ISSER urges targeted support for SMEs to boost value addition in key sectors
The Institute of Statistical, Social and Economic Research (ISSER) has called for targeted financial support for small and medium-sized enterprises (SMEs) in Ghana to...
Current economic hardships due to DDEP; forgive us – Amin Adam
The Minister of Finance, Dr. Mohammed Amin Adam, has apologized to Ghanaians for the hardships caused by the Domestic Debt Exchange Programme (DDEP).This apology...
Trade Minister clarifies Komenda Sugar Factory lease agreement [Listen]
The Minister of Trade and Industry, Kobina Tahir Hammond has said the India-based firm set to take over the Komenda Sugar Factory on a...
Komenda protest: Convenor questions credibility of firm leasing sugar factory
The convenor for the Concerned Citizens of Komenda Traditional Area, Samuel Awudza has described the decision to lease the Komenda Sugar Factory to West...
Sugar Cane farmers issue ultimatum to gov’t over semi-refined sugar imports
The National Executives of Sugar Cane out-growers, have issued a one-week ultimatum to the government to engage their members regarding the procurement of their...
Over 600 farmers in Nkwanta South receive fertilizers, ammonia, urea under gov’t PFJ II
In a significant boost to make farming more attractive, the Ministry of Food and Agriculture (MoFA) has distributed fertilizers, ammonia, urea, and improved seeds...
GEA and partners announce grant to support 450 MSMEs
The Ghana Enterprises Agency (GEA), Ministry of Trade and Industry (MOTI), Ministry of Finance (MOF), National Entrepreneurship Innovation Programme (NEIP), and other key stakeholders...
Revamp economic financing to halt cedi depreciation – Economist
Economist, Patrick Asuming has suggested that the government revamp economic financing to halt cedi depreciation.In an interview on Joy FM's Midday News on Tuesday, August 6,...
BoG sanctions 47 individuals, 245 business entities for issuing dud cheques
The Bank of Ghana has imposed sanctions on 47 individuals and 245 business entities for issuing dud cheques.In a statement released on August 6,...
BoG to cut policy rate to 27% by end-2024 – Fitch Solutions
Fitch Solutions has indicated that the Bank of Ghana (BoG) will cut its benchmark policy rate by 200 basis points (bps) to 27.00% by...
Inflation to end year at 19.3%–21.3% – Report
Research firm, IC Research is raising its 2024 annual inflation forecast by 340 basis points to between 19.3% and 21.3%.This is due to the...
Clamp down unregistered and unregulated businesses affecting exchange rate – ISSER tells BoG
The Institute of Statistical Social and Economic Research (ISSER) is advising the Bank of Ghana to assess the informal forex market and close all...
Loan default: COCOBOD responds to Adom News questions
Ghana's number one radio and TV station, Adom FM/TV reached out to Ghana Cocoa Board (COCOBOD) to explain why it has consistently defaulted on...
COCOBOD refutes claims of consistent loan defaults
The Ghana Cocoa Board (COCOBOD) has responded to claims of consistent default on its loans, clarifying its financial obligations and repayment status.According to COCOBOD,...
Why business are collapsing, relocating – ISSER reveals
The depreciation of the Ghanaian Cedi has significantly impacted the country's economic landscape, leading to labour agitations, the collapse of some businesses, and the...