Fuel price increase: a litre of petrol, diesel selling at GH₵14.84
Some Oil Marketing Companies have started increasing the prices of petroleum products at the pumps.Shell is selling a litre of petrol and diesel at...
Watch how the price of pepper (‘paint container size’) increased by more than 200% in a year
The price of pepper ('paint container size') has increased by more than 200% in less than a year moving from an average of GH¢65...
We will pass on planned increase of utility tariffs to consumers – Businesses warn
Businesses and manufacturers have warned that they will have no other option but to pass on any increase in utility tariffs to consumers.The caution...
T bills: Government borrowed GH¢15.71bn in May 2024
The government borrowed GH¢15.71 billion via treasury bills in May 2024, about 7% higher than in April 2024.In April 2024, the government received GH¢15.60...
Fuel prices expected to go up
The National Petroleum Authority (NPA) has directed the various industry players to increase the Unified Petroleum Price Fund (UPPF) margin by GH₵0.05 on every...
Finance Minister pushes for friendlier tax systems in Africa
The Finance Minister, Dr Mohammed Amin Adam, has called on African governments to reform tax systems to make payment simple and fast, and friendlier...
Import Restrictions Bill needs clear policy direction and transparency – Prof Bokpin
A professor of Finance at the University of Ghana, Godfred Bokpin, voiced his disapproval of the suspended import restrictions bill emphasising the need for...
Gold for oil: BoG spends GH¢2.43bn on petroleum import finance
The Bank of Ghana (BOG) has disclosed that as of December 31, 2023, the consolidated capitalised cost incurred on the Gold for Oil (G40)...
Registrar of Companies to strike out 508,000 companies
Five hundred and eight thousand (508,000) public and private business entities are to be struck off the register of the Office of the Registrar...
Track, trace and capture remittances as a short-term measure to stabilise cedi – Dr. Atuahene
A Banking Consultant Dr. Richmond Atuahene has advised the Bank of Ghana (BoG) to track, trace and capture remittances as a short-term measure to...
Locked-up Investment Holders Forum resumes planned picketing at Finance Ministry
Members of the Locked-Up Investment Holders Forum are returning to the Finance Ministry on Wednesday, June 5, 2024, to demonstrate.This comes after a promise...
Internet access should be a public utility – Tech analyst
Technology Analyst and Digital Lead at Pop Out, Maximus Ametorgoh is advocating for internet access to be treated as a public utility.According to him,...
DDEP impacts BoG as bank seeks early recapitalisation – Report
The Bank of Ghana has been impacted by the Domestic Debt Exchange Programme (DDEP) as it seeks recapitalisation from development partners, a report has...
T-bills auction: Government records 29.71% oversubscription; interest rates dip slightly
The government recorded a 29.71% oversubscription of the treasury bills auction a week after it failed to meet its target.According to the auction results...
AfDB revises Ghana’s growth rate to 3.4% for 2024, 4.3% for 2025
The African Development Bank has revised Ghana’s growth rate to 3.4% for 2024 and 4.3% for 2025.This is higher than the 2.8% it earlier...
Amin Adam kicks against Africa’s heavy investment in foreign lands
Finance Minister, Dr Mohammed Amin Adam, has kicked against African governments investing significantly in foreign financial institutions using money earned from its most resource-rich...
Businesses adopting strategies to lessen tax obligations – PEF CEO
The Chief Executive of the Private Enterprise Federation (PEF), Nana Osei Bonsu has revealed that more businesses in Ghana are now adopting strategies to...
Brands that have trust issues will never flourish – Prof Hinson
The Pro Vice-Chancellor at the Ghana Communication Technology University (GCTU), Professor Robert Ebo Hinson, has underscored the necessity of applying theoretical frameworks to brand...
Prices of vegetables shoot up by 100% in Kumasi
Prices of vegetables like carrots, lettuce, green pepper have seen a sharp increase affecting their sale on the market.The situation is forcing many vendors...
Dare not proceed with SSNIT hotels sale – Organised Labour warns
Isaac Bampoe Addo, the Executive Secretary of the Civil and Local Government Staff Association of Ghana (CLOGSAG) and Chairman of The Forum has disclosed...
Ghana achieves GH¢11.5bn trade surplus in Q1 2024
Ghana achieved a notable trade surplus of GH¢11.5 billion in the first quarter of 2024, buoyed by a 20.4% increase in the average prices...
Don’t provoke traders – GUTA tells Stephen Amoah over depreciation comments
The Ghana Union of Traders Association (GUTA) has warned Deputy Minister of Finance, Dr. Stephen Amoah against making statements that could incite the trading...
SSNIT says it hasn’t made a decision yet to sell shares in hotels – TUC
The Trade Union Congress (TUC) has revealed that the Social Security and National Insurance Trust (SSNIT) has not yet decided on selling 60% of...
Ghana Statistical Service releases first-ever export and import price indices
The Ghana Statistical Service (GSS) has for the first time released the Export and Import Price Indices (XMPI).These indices, also known as the Unit...
Majority calls on Minority to support tax waivers for 42 local companies
Forty-two (42) local companies have been waiting for the past three years to operate but have been hindered due to waivers that have been...
Bawumia will use a long-term strategy to stabilise cedi when elected – Stephen Amoah
Deputy Minister for Finance, Dr. Stephen Amoah, has argued that Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), intends to develop...
EIU revises global GDP up to 2.5% for 2024
The Economist Intelligence Unit (EIU) has revised its global real Gross Domestic Product (GDP) growth in 2024 to 2.5% from 2.4%.This means growth will...
Inflation to fall to 21% in May 2024, end year at 17% – Report
Inflation is expected to fall to 21% level in May 2024 and end the year around 17%.According to GCB Capital, this is due to...
My cedi depreciation a ritual problem statement taken out of context – Minister
Deputy Minister for Finance, Dr Stephen Amoah, has clarified that his statement that the cedi depreciation is a ritual problem has been taken out...
Akufo-Addo applauds NEIP’s role in transforming Ghana’s startup ecosystem
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has praised the significant impact of the National Entrepreneurship and Innovation Programme (NEIP) on Ghana's...
Private sector financing key to development agenda – Dr. Amin Adam
The Minister for Finance, Dr Mohammed Amin Adam, has indicated that significant private sector financing is needed to drive the continent’s transformation.According to him,...
Bawumia reveals cedi stabilisation plan if elected President
The 2024 flagbearer of the governing New Patriotic Party (NPP), Dr Mahamudu Bawumia has revealed his intentions to adopt a new approach to stabilise...
FAAJ demands immediate dismissal of SSNIT Director General
Social justice group, the Forum for Accountability and Justice (FAAJ) has called for the immediate dismissal of the Director General of the Social Security...
Bank of Ghana explains inflation dynamics [Video]
The Bank of Ghana has initiated a program to explain the dynamics of inflation.Additionally, the Central bank has offered insights into how it determines...
Bawumia reiterates commitment to partner with private sector
Flagbearer of the New Patriotic Party (NPP), Alhaji Dr. Mahamudu Bawumia, has reiterated his commitment to partnering with the private sector to reduce government...
BoG to demand list of all interested parties in any sale of SG Ghana shares
The Governor of the Bank of Ghana (BoG) Dr. Ernest Addison has revealed that the Central bank will demand for a list of all...
Fuel prices to go up in first half of June 2024 – IES predicts
Fuel prices are expected to increase again in the first half of June 2024, the Institute for Energy Security (IES) has predicted.This is according...
Support Ghana’s economic recovery – Amin Adam tells investors
Ghana’s Minister for Finance, Dr. Mohammed Amin Adam, has called on the investor community to support Ghana’s steady economic recovery.He stressed Ghana’s efforts to...
Free Zone companies’ illegal plastic sales cost Ghana ¢264m annually
The Ghana Plastic Manufacturers Association has accused certain Free Zones Companies of engaging in illegal activities that result in substantial revenue losses for the...
Ghana’s MoMo accounts reach 68.2m
Registered mobile money accounts in Ghana surged to 68.2 million in April this year, marking a significant increase compared to 57.6 million in the...