Cement manufacturers petition Parliament over proposed price regulation
The Chamber of Cement Manufacturers, Ghana (COCMAG) has expressed grave concern over a proposed Legislative Instrument (LI) seeking to regulate cement prices, submitted to...
Cement Prices: Manufacturers present petition to Parliament rejecting proposed L.I
The Chamber of Cement Manufacturers has presented a petition to parliament registering their outright rejection of the proposed Legislative Instrument seeking to regulate cement...
Brazil’s Supreme Court decriminalizes marijuana possession for personal use
Brazil’s Supreme Court decided on Tuesday to decriminalize the possession of marijuana for personal use, by majority vote, undermining the already tense relationship with...
We don’t need L.I. to regulate price – Cement manufacturers tell K.T. Hammond
The Executive Secretary of the Cement Manufacturers Association of Ghana (CMAG) is taken aback by the move by the Trade Ministry to introduce a...
Minority blocks laying of L.I. to regulating cement pricing
The Minority in Parliament has blocked the laying of a legislative instrument from the Trade and Industry Ministry aimed at regulating the pricing of...
We’re treading a dangerous path – Dr. Atuahene warns government
Banking consultant, Dr. Richmond Atuahene, has warned the government against completing the external debt restructuring agreement with its official creditors.Reviewing whether the deal is...
Ghana will keep importing food if… – Agriculture Economist
An Agriculture Economist, Professor Irene Egyir, has called for a strategic reorganisation of Ghana's farming practices to enhance productivity and reduce dependency on food...
I will actively promote export and reduce import – Alan Kyerematen
The leader of the Alliance for Revolutionary Change (ARC), Alan Kwadwo Kyerematen has announced plans to actively promote exports and reduce imports in Ghana.He...
Cedi depreciation slows down but pressures still persist ; one dollar equals GH¢15.75
The depreciation of the Ghana cedi to the US dollar slowed down last week as it lost 0.96% in value to the American green...
Churches in Israel to pay tax, leaders bemoan “coordinated attack” on Christians
Leaders of major churches have accused Israeli authorities of launching a “coordinated attack” on the Christian presence in the Holy Land by initiating tax...
iPhone 16 leak just revealed details on all four new iPhones
This week, we got another early look at the design of this year's upcoming iPhones that showed off a revamped camera layout, two Pro exclusives headed...
Finance Minister’s figures don’t tally If you check very well – Williams Peprah
Associate Professor of Finance at Andrews University, Williams Kwasi Peprah, says the $2 billion savings the Finance Minister claimed the country would achieve through...
You’re celebrating bankruptcy status – Adongo to Finance Minister
Ranking member on Parliament's Finance Committee has criticised the Finance Minister, Dr. Mohammed Amin Adam for claiming that the current government has outperformed the...
T-bills: Government records marginal oversubscription; yields on 182-day and 364-day bills dip
The government registered a marginal oversubscription of treasury bills auction to the tune of GH¢3.60 billion.According to the auction results by the Bank Ghana,...
BoG permits banks with stronger capital positions to pay interim dividend
Banks that made significant progress in their recapitalization plans have been permitted by the Bank of Ghana to distribute interim dividends, the Governor of...
GRA to ramp up enforcement of bonds/security issuance in Excise Duty compliance requirements
The Head of the Excise Unit of the Ghana Revenue Authority (GRA), Kwabena Apau Awua Anto, has revealed that the GRA will soon rigorously...
Ghana begins Over-The-Counter Market trading on the GSE
The Ghana Stock Exchange (GSE) has launched the Over-The-Counter Market trading targeted at rural banks and small and medium enterprises.The move is a significant...
4G to remain primary source of mobile phone connectivity by 2033 despite emergence of 5G – Fitch Solutions
4G platforms will remain the primary source of connectivity in Ghana by 2033, owing to greater smartphone affordability.This is despite the emergence of the...
GRA directs SML to resume monitoring operations in Downstream Petroleum sector
The Ghana Revenue Authority (GRA) has directed the Strategic Mobilisation Limited (SML) to resume its monitoring operations of the Downstream Petroleum sector.A statement issued...
Government, bondholders reach agreement in principle to restructure $13bn debt, sources say
Ghana has reached an agreement in principle with its bondholders for the restructuring of $13 billion worth of international debt, three sources told Reuters...
GRA to go after public institutions, other firms over tax payment arrears
The Ghana Revenue Authority (GRA) has announced that it will in the coming days embark on a debt collection exercise to help recover all...
Ghana must strategically position industries to harness global economic opportunities – Prof. Agyapong
A Professor of Strategic Management has stressed the need for Ghana to strengthen its industrial development agenda to position industries as strategic tools needed...
Stop Asians invading retail market – GUTA to govt
The Ghana Union of Traders’ Association (GUTA) is calling on authorities to be bold and clamp down on foreigners operating in the retail space.According...
Producer Price Inflation hits 23.6%
The year-on-year inflation rate at ex-factory prices for all goods and services was 23.6% in May 2024.This was far higher than the 16.8% recorded...
77% of Ghanaians report stress on livelihood due to rising cost of living
Seventy-seven percent of Ghanaians are reporting a significant stress on their livelihood due to the rising costs of living, the impact on their daily...
We remain fully committed to our supervisory role to foster trust and confidence – BoG
The Bank of Ghana has reiterated that it remains fully committed to its supervisory role and will ensure that all financial institutions adhere to...
Locked-up investment bondholders’ forum picket at Finance Ministry for 3rd consecutive week
Today, the Locked-Up Investment Bondholders’ Forum picketed the Finance Ministry for the third consecutive week.This demonstration is aimed at demanding the release of their...
Government has strayed from its policy on aid – Prof Bokpin
A professor of finance and economics at the University of Ghana Business School (UGBS), Prof Godfred Bokpin, has said Ghana has deviated from its...
Help solve Ghana’s economic woes – Kofi Amoabeng to business executives
Former Chief Executive Officer of the defunct UT Bank has appealed to business executives to sacrifice their comfort and help create solutions to address...
Gov’t must raise more revenue domestically without necessarily increasing taxes – Prof Quartey
As the conversation about building a ‘Ghana Beyond Aid’ resurfaces, the Director of the Institute of Statistical, Social, and Economic Research (ISSER), Professor Peter...
Economy grows 4.7% first quarter
Ghana's economy grew by 4.7 per cent year-on-year in the first quarter of this year, compared to the 3.8 per cent recorded in the...
Cedi troubles continue, depreciates 21% to dollar as one dollar goes for GH¢15.70
The Ghana cedi lost 3.88% in value to the US dollar last week on the spot market increasing its year-to-date depreciation to 21.20%.This follows...
Ghana must cease relying on external aid – Lord Boateng
Member of the House of Lords in the United Kingdom, Lord Paul Boateng says it is time Ghana moves away from reliance on foreign...
Ghana’s economy expands by 4.7 percent in 2024 quarter 1
The Ghana Statistical Service (GSS) has announced that the country’s gross domestic product (GDP) is estimated to have increased by 4.7 percent in the...
IMF sets date for Board to consider Ghana’s second programme review
The International Monetary Fund (IMF) has set June 28, 2024 for its Board Meeting to consider Ghana’s second programme review and possibly approve $360...
MISYL marks 10th anniversary with commitment to growth and sustainability
As MISYL Energy celebrates its tenth anniversary, the narrative is one of perseverance, strategic partnerships, and a steadfast commitment to community and staff welfare.The...
Galamsey, smuggling and bad weather slash Ghana’s cocoa revenue by $500m
Illegal mining activities, unfavourable weather conditions, the swollen shoot virus disease, and rampant smuggling have caused a significant shortfall in Ghana's cocoa revenue for...
Gov’t should not be involved in buying fuel – Ben Boakye
The Executive Director of the African Centre for Energy Policy, Ben Boakye, has advised the government to allow private individuals to handle fuel purchases.According...
Fuel prices to go up marginally from June 16, 2024 – IES
The prices of petroleum products are expected to go up marginally in the second half of June 2024, the Institute for Energy Security has...
PFJ not impacting farmers due to lack of targeted credit schemes – TWN
A report by the Third World Network (TWN) -Africa on the impact of the Planting for Food and Jobs (PFJ) and One District One...