Bawumia’s one-time tax amnesty a good idea for businesses – GUTA
The Head of the Business and Economic Bureau of the Ghana Union of Traders' Associations (GUTA), Charles Kusi Appiah Kubi, has welcomed the pledge...
IEA announces measures to help deepen fiscal discipline, entrench fiscal sustainability
The Institute of Economic Affairs (IEA) has announced a number of measures to enhance fiscal discipline and entrench fiscal sustainability.They are fiscal consolidation, consisting...
Ghana doesn’t need Mineral Development Bank – Bawumia told [Listen]
Banking consultant, Dr Richmond Atuahene has said Ghana does not need a Minerals Development Bank to increase gold reserves.According to him, Ghana does not...
Frequency of economic crises and IMF bailouts clearly demonstrate serious policy failings – IEA
The Institute of Economic Affairs (IEA) has stated that the frequency of economic crises and the International Monetary Fund (IMF) bailouts clearly demonstrate serious...
Coalition of Concerned Nzema People threaten legal action over controversial Petroleum Hub project
The Coalition of Concerned Nzema People has vowed to pursue legal action against the government over the proposed Petroleum Hub project led by the...
Atlantic Lithium grants over 1.4 million performance rights to propel Ewoyaa Project growth
Atlantic Lithium has granted 1,402,492 unlisted performance rights to key senior employees directly involved in advancing the Ewoyaa Lithium Project.These rights, tied to new...
We’ll establish Fintech Fund with a seed capital of $100m – Bawumia
The New Patriotic Party (NPP) flagbearer, Dr. Mahamudu Bawumia has pledged to establish a Fintech Fund with an initial seed capital of $100 million...
X suspends business in Brazil over censorship row
X, formerly known as Twitter, has closed its office in Brazil over a censorship row.The social media platform said a Brazilian Supreme Court judge,...
Farmers face devastating losses as drought threatens crops and livelihoods
Farmers in the Oti Region are struggling with the severe impact of a prolonged dry spell, which has left their fields barren and their...
We have weathered the worst of the storm and the economy is on a path of recovery – Dr. Bawumia
The flagbearer of the New Patriotic Party, Dr. Mahamudu Bawumia, has acknowledged the challenging times Ghana and the rest of the world have gone...
Dr Bawumia announces nine incentives for growth of businesses
Flagbearer of the ruling New Patriotic Party (NPP), Dr Mahamudu Bawumia says his government will prioritise the strengthening of businesses, especially SMEs, to enhance...
Bawumia affirms support for growth for businesses, SMEs with new, friendly tax system
The New Patriotic Party (NPP) flagbearer, Dr Mahamudu Bawumia, has delivered on his promise to create a business-friendly environment by including several announced policies...
Ghana’s economy is on a path of recovery – Bawumia
The Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has acknowledged the challenging times Ghana and the rest of the world have...
Fuel prices fall for second consecutive pricing window in August
Petroleum product consumers are expressing relief as they fill up at oil marketing companies (OMCs), thanks to a slight reduction in fuel prices.This drop...
Central Region sugarcane out-growers threaten strike
Sugarcane out-growers in the Central Region have threatened to strike over what they have described as "unfair treatment" by the management of the Komenda...
We’ve not reached agreement with government – IPPs deny restructuring $1bn
The Independent Power Generators, Ghana has denied reaching an agreement with the government to restructure the $1.0 billion debt owed its members.According to its...
Akufo-Addo highlights AfCFTA’s role in continental transformation
President Nana Akufo-Addo has delivered a keynote speech emphasising the transformative potential of the African Continental Free Trade Area (AfCFTA) Agreement in driving Africa’s...
Inflation remains high by international standards despite falling significantly since 2023 – IEA
The Institute for Economic Affairs has emphasized that inflation remains in Ghana remains high by international standards despite it dropping significantly from 54.1% in...
Fuel prices ease by 1.38%; Petrol now at ₵14.22, diesel ₵14.90
Some Oil Marketing Companies (OMC) have started reducing prices of petroleum products at the Pumps.Market leader GOIL is selling a litre of petrol at...
Bank of Ghana unveils draft regulations for cryptocurrencies and other digital assets
The Bank of Ghana (BoG) has introduced draft regulations aimed at establishing a comprehensive framework for the Ghana’s digital asset sector.Announced on August 16,...
World Bank set to disburse $1bn to Ghana to help stabilise economy
The World Bank is planning to disburse US$1 billion over the next 12 years to help in stabilising Ghana’s economy, and support private businesses.This...
Prices of petrol, diesel and LPG to remain stable – IES
The prices of petroleum products will remain stable on the local fuel market for the second half of August 2024, the Institute for Energy...
Akufo-Addo vows to mitigate impact of severe drought on Northern farmers
President Nana Addo Dankwa Akufo-Addo has pledged to take decisive action to alleviate the devastating effects of the severe dry season that has plagued...
Food shortage looms as lack of rains in Northern Region threaten food sufficiency
The Peasant Farmers Association of Ghana (PFAC) has warned that the current drought in Northern Ghana could lead to a food shortage if the...
24-hour economy achievable if government is committed – Economist Nii Moi Thompson
A renowned economist, Dr Nii Moi Thompson, has highlighted some strategies that can be adopted to make the 24-hour economy feasible.This comes after the...
Accra Mall, West Hills Mall taken over by South African firm in new deal
The Accra Mall, West Hills Mall and Kumasi City Mall have been taken over by a South African real estate investment firm, Lango.This follows...
The People’s Forum: Kaneshie market sellers lament constant price fluctuations
Traders and consumers at the Kaneshie Market in Accra have expressed frustration over the persistent rise in food prices, blaming it on factors beyond...
Success of new GSA Law depends on industry collaboration – CEO
The CEO of the Ghana Shipping Authority (GSA), Kwesi Baffour Sarpong, has emphasised that the success of the amended Ghana Shippers’ Authority Law hinges...
We will maintain tight monetary policy stance until inflation is firmly declining – BoG
The Bank of Ghana has expressed its commitment to maintain a sufficiently tight monetary policy stance until inflation is on a firmly declining path.In...
Ghana ranks 8th in Africa for economic stability and investment climate – RMB Report 2024
Ghana has been ranked in the 8th for economic stability and investment climate in Africa, according to the 2024 “Where to Invest in Africa”...
Light fishing persists after observing closed season
The use of light for fishing is part of illegal, unregulated, and unreported fishing practices prohibited under Ghana's laws.Section 11 of the Fisheries Regulations...
Inflation continues downward trend, reaches 20.9% in July
Ghana's consumer inflation has continued to decline, reaching 20.9% year-on-year in July, marking the fourth straight month of reduction.This represents a 2.1 percentage point...
Excessive tax exemptions eroding Ghana’s revenue potential – World Bank
The World Bank has expressed concern about the significant impact of tax exemptions on Ghana's revenue generation capabilities.The institution noted that, Ghana's tax system...
Deloitte commends govt’s decision to maintain tax levels
The government’s decision to maintain current tax levels in the Mid-Year Budget Review offers some relief to businesses and individuals, according to Deloitte Ghana’s...
ECG disconnects Kejetia Market again over GH¢7m debt
The Kumasi City Market, commonly known as the New Kejetia Market, has been disconnected from the national grid by the Electricity Company of Ghana...
Cocoa farmers kick against pension scheme modalities
Members of the Assinman Co-operative Cocoa Farmers and Marketing Limited have expressed strong opposition to the current modalities of the Cocoa Farmers Pension Scheme,...
Tax treatment of retirement funds in Ghana among most generous – World Bank
The tax treatment of retirement funds in Ghana is among the most generous in the world, depriving the government of significant revenues, the World...
Bond market: Total turnover dropped by 41.77% to GH¢881m
Trading volumes in the Ghanaian secondary bond market decreased by 41.77% to GH¢881 million in the week under review.This is compared to GH¢1.5 billion...
Upper East regional staff of NPA honours Dr Abdul-Hamid for his leadership
The staff of the Upper East regional office of the National Petroleum Authority (NPA) has honoured the Chief Executive Officer, Dr Mustapha Abdul-Hamid, for...
International Youth Day: Agri-Impact Limited CEO calls for increased investment in the youth
The Chief Executive Officer of the multinational agribusiness firm, Agri-Impact Limited, Daniel Fahene Acquaye, has called for increased investment in the youth of Ghana...