Dr. Johnson Asiama takes over as Bank of Ghana Governor
The new Bank of Ghana Governor, Dr. Johnson Asiama, held a brief ceremony with the management of the Central Bank after officially taking over...
Fuel prices increase by 2%; petrol to sell at ¢15.72, diesel at ¢16.60 per litre
Ghanaians will have to brace for higher fuel costs as petroleum prices are expected to rise from today, with Liquefied Petroleum Gas (LPG) witnessing...
T-bills Auction: Gov’t records 43% oversubscription as interest rates tumble
For the 5th consecutive week, the government recorded an oversubscription in its treasury bills auction.According to auction results from the Bank of Ghana, the...
Mahama nominates Dr. Johnson Asiamah as Bank of Ghana Governor
President John Dramani Mahama has nominated Dr. Johnson Asiamah as the next Governor of the Bank of Ghana, pending approval from the Council of...
Prices of petroleum products to go up marginally from February 1
Barring any unforeseen circumstances, the price of petrol, diesel and Liquified Petroleum Gas (LPG) will go up marginally from February 1, 2025..According to the...
We’ll do a proper SIM re-registration again – Communications Minister nominee
Samuel Nartey George, the Minister nominee for Communications, Digitalisation, and Innovation, has announced plans to conduct a proper SIM re-registration exercise if approved for...
Fintech is at the heart of Mahama’s government – Sam George
The Minister nominee for Communications, Digitalisation, and Innovation, Samuel Nartey George, has asserted that financial technology (fintech) is central to the vision of President...
MNOs failing to meet quality standards will face fines – Sam George
The Minister nominee for Communications, Digitalisation, and Innovation, Samuel Nartey George, has warned that Mobile Network Operators (MNOs) that fail to meet the required...
NIC temporarily suspends 2025 Motor Insurance Tariff implementation
The National Insurance Commission (NIC) has temporarily suspended the implementation of the 2025 Motor Insurance Tariff due to unforeseen developments.In a letter dated January...
Ghana signs MoU with Official Creditor Committee to address debt issues
Government has officially signed a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC) to formalize debt treatment agreements aimed at restoring long-term...
BoG’s intervention alone in forex market cannot ensure cedi stability
The Institute for Economic Affairs (IEA) has warned that the Bank of Ghana’s intervention in the forex market alone cannot guarantee lasting exchange rate...
Margaret Ansei appointed Acting CEO of Ghana Enterprises Agency
Margaret Ansei, popularly known as Magoo, has been appointed as the Acting Chief Executive Officer (CEO) of the Ghana Enterprises Agency (GEA).She succeeds Mrs....
Banks NPLs surge to 21.8 percent – BoG
The banking industry’s Non-Performing Loans (NPL) ratio increased to 21.8% in December 2024, up from 20.6 percent in December 2023.According to the Bank of...
Full list of technical committee to develop legal framework for GOLDBOD
On Monday, January 27, 2025, Finance Minister, Dr. Cassiel Ato Forson, Ph.D., officially inaugurated a Technical Committee tasked with developing the legal and operational...
Ghana Gold Board formation: Finance Min. inaugurates technical committee to draft legal framework
Finance Minister, Dr. Cassiel Ato Forson, Ph.D., has officially inaugurated a Technical Committee tasked with developing the legal and operational framework for the establishment...
IEA calls for budget to address huge legacy debt and restore financial sustainability
The Institute of Economic Affairs (IEA) is calling for a budget that specifies a comprehensive plan to address the huge legacy debt in the...
Security prevents alleged NDC thugs from attacking GRA headquarters
Security personnel at the Ghana Revenue Authority (GRA) Headquarters in Accra have prevented an alleged group of National Democratic Congress (NDC) supporters from causing...
Ghana’s projected growth rates for next 5 years by IMF below potential – IEA
The Institute for Economic Affairs (IEA) has described the projected growth rates for Ghana’s economy in the next five years, as provided by the...
Taptap Send Partners with Manhyia Palace in Ghana to drive development through fee-free remittances
Taptap Send, a prominent global remittance platform, is taking bold steps to deepen its role in community-driven development.The company has announced a strategic partnership...
Banks’ average lending rate hovered around 30% during the second half of 2024
Banks' average lending rates hovered around the 30% bracket during the second half of the year, after declining from 32% at the beginning of...
GNPC welcomes new CEO: Edward Abambire Bawa set to lead with vision
The Ghana National Petroleum Corporation (GNPC) has announced the appointment of Edward Abambire Bawa as its new Chief Executive Officer, succeeding Mr. Joseph Dadzie,...
AT announces exciting 2025 plans to enhance customer experience
Telecommunications giant AT has unveiled its plans for 2025, focusing on innovation, growth, and improving customer experiences.In a statement, the company outlined key initiatives...
Ghana’s public debt stock declines to GH¢761.0bn in November 2024 – BoG Â
Ghana’s total public debt fell by GH¢24.1 billion month-on-month to GH¢761.0 billion in November 2024, the Bank of Ghana has disclosed in its January...
Cedi depreciates by 2.4% against dollar in January 2025 – BoG
The Ghana cedi lost 2.4% in value to the US dollar in the first month of 2025, compared to a depreciation of 1.3% during...
Mahama appoints Sylvester Mensah as Acting CEO of Ghana Export–Import Bank
President John Dramani Mahama has appointed Sylvester Adinam Mensah as the Acting Chief Executive Officer of the Ghana Export–Import Bank (GEXIM).Mr. Mensah will spearhead...
ECG Debt: Gov’t to investigate huge debt and reckless procurement – John Jinapor
Energy Minister John Abdulai Jinapor has announced the establishment of a committee to investigate the rising debt and procurement practices at the Electricity Company...
ECG Privatisation: Energy Minister sets committee to design roadmap
The Ministry of Energy has inaugurated a seven-member technical committee tasked with developing a roadmap for private sector participation in power distribution across the...
We will resist any attempt to introduce new taxes – GNCCI
The Ghana National Chamber of Commerce and Industry (GNCCI) has warned the government not to introduce new taxes or increase existing taxes in the...
President Mahama appoints Dr. Christopher Boadi-Mensah as new CEO of NPRA
President John Mahama has appointed insurance consultant and current boss of Byll Wych Insurance Brokers, Dr. Christopher Boadi-Mensah, as Chief Executive Officer of the...
Ato Forson gains support from customs staff to address financial sector issues
The Customs Staff Association (CSA) has expressed its commitment to supporting Finance Minister Dr. Cassiel Ato Forson in addressing financial challenges and strengthening the...
Finance Minister calls for collective effort to restore Ghana’s economy
Finance Minister Dr. Cassiel Ato Forson has urged staff at the Ministry of Finance to join hands in rebuilding Ghana’s economy, stressing the importance...
I pledge to work tirelessly as Finance Minister – Ato Forson
Ghana's Finance Minister and immediate past Majority Leader, Dr. Cassiel Ato Forson, has reaffirmed his commitment to serving the nation.In his final address as...
Oti Regional Minister-designate pledges to establish processing factories
The Regional Minister-Designate for the Oti Region, John Kwadwo Gyapong, has pledged to collaborate with industry stakeholders to establish processing factories aimed at enhancing...
GRA exceeds 2024 revenue target, mobilizes GH₵153bn
The Ghana Revenue Authority (GRA) has exceeded its revenue target for 2024 by mobilizing GH₵153.5 billion.Data seen by JOYBUSINESS shows that the GRA mobilized GH₵7.5 billion...
We’ll tackle 1D1F hurdles with a 24-Hour economy – Elizabeth Ofosu-Adjare
Minister-Designate for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has proposed a 24-hour economy to address challenges facing the One District, One Factory (1D1F) initiative.Speaking...
Reboot Your Life Series: Entrepreneur urges aspiring business owners to embrace innovation
Entrepreneur and CEO of Tiwajo Industries Ltd., Mrs. Ivy Appiah, has advised aspiring entrepreneurs to embrace innovation and seize opportunities to thrive in business.Speaking...
Ato Forson declares Ghana open for business, invites investments and partnerships
Ghana’s newly approved Finance Minister, Dr. Cassiel Ato Forson, has assured Ghanaians of his dedication to fostering economic growth and attracting global partnerships.His nomination,...
Interest rates expected to stabilize
Interest rates are expected to stabilize in the next treasury bills auction on Friday, January 24, 2025.This is despite strong demand for the short-term...
Mahama will incentivize businesses to create more jobs – Julius Debrah
President John Mahama has revealed plans for his government to introduce new incentives aimed at helping businesses create more jobs in the country.This initiative...
Eric Opoku: 4 key points from the Minister-Designate for Food and Agriculture’s vetting
The Minister-Designate for Food and Agriculture, Eric Opoku, appeared before Parliament’s Appointments Committee on Monday, January 20, 2025, to outline his vision for revitalizing...