Fuel prices won’t cross GH¢18 mark next week – CBOD assures consumers
The Ghana Chamber of Bulk Oil Distributors (CBOD) has allayed the fears of consumers that fuel prices may go up astronomically by the end...
Fitch Solutions forecasts end-year cedi to dollar rate of GH¢12.25; currency depreciates 11% to dollar
Fitch Solutions is forecasting an end-year cedi to dollar rate of GH¢12.25 to one US dollar, arguing the the Ghanaian cedi will recoup some...
Apple removes WhatsApp and Threads from China app store over national security concerns
Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog which cited national security...
Ghana nears agreement on debt restructuring with bilateral creditors
Finance Minister Dr Mohammed Amin Adam has revealed that the bilateral creditors through the Official Creditor Committee have shared the draft document on Ghana’s...
LPG prices surge in Ghana, raising concerns over tax impact
The soaring cost of liquefied petroleum gas (LPG) in Ghana has become a critical issue, marked by a substantial increase in prices in recent...
Financing assurance secured from bilateral creditors to aid Ghana’s 2nd review funding – IMF Africa head
The International Monetary Fund (IMF), has revealed that it has secured the needed financing assurance from bilateral creditors that will help to conclude the...
Ghana’s oil production to rebound in 2024 growing by 5% – Fitch Solution
Ghana’s oil production is expected to rebound in 2024, with an anticipated increase of 5.0% to 177,120 barrels per day (b/d).According to Fitch Solutions,...
Fitch Solutions projects 19.0% average inflation for Ghana in 2024
Fitch Solutions is projecting an average inflation of 19.0% for Ghana in 2024.This is lower than the International Monetary Fund’s 22.3%.According to the London-based...
Ghana to host Ghana-Cote d’Ivoire Cocoa Initiative Headquarters
Vice President Mahamudu Bawumia has hosted Robert Beugré Mambé, the Prime Minister of Côte d’Ivoire, at the Jubilee House, ahead of the inauguration of...
Ghana’s revenue-to-GDP ratio to exceed 17% within next six years, but expenditure to remain flat – IMF
Ghana’s revenue-to-Gross Domestic Product ratio is expected to exceed 17% year-on-year for the next six years.According to the International Monetary Fund’s April 2024 Fiscal...
Western North Region most expensive for food in Ghana – New GSS report finds
The Ghana Statistical Service (GSS) launched its second Food Price Variability report today at the Accra Technical University (ATU), revealing significant differences in food...
KNUST’s Prof. Grace Nkansa Asante becomes Ghana’s first female Professor of Economics
Prof Nkansa Asante becomes the first female in Ghana to be conferred the academic title following an approval by the University Council.She currently holds the position as the Vice Dean at the Faculty of Social Sciences of the College of Humanities and Social Sciences, KNUST.
PIAC touts GNPC’s prowess as key energy provider
The Public Interest and Accountability Committee (PIAC) has called for the review of the laws of the Ghana National Petroleum Corporation (GNPC) to allow...
Change MASLOC into a digital lending platform – Citizens Movement against Corruption
The Citizens Movement against Corruption has proposed transforming the Microfinance and Small Loans Center (MASLOC) into a digital lending platform.MASLOC, established to provide...
MTN and Huawei launch Joint Technology Innovation Lab to drive Africa’s digital transformation
MTN Group, in partnership with Huawei, officially inaugurated the Technology Innovation Lab at MTN Group's headquarters.This milestone marks a significant advancement in their ongoing...
IMF projects single-digit inflation of 8 percent for Ghana by end of 2025
The International Monetary Fund, IMF is projecting that Ghana will return to single-digit inflation by the end of 2025.The IMF in its Economic Outlook...
IMF projects 4.4% growth rate for Ghana in 2025
IMF is projecting a growth rate of 4.4 per cent for Ghana by the end of 2025.This was captured in the IMF’s Global...
Producer Price Inflation increases sharply to 16.5%
The year-on-year inflation rate at ex-factory prices for all goods and services was 16.5% in March 2024, the Ghana Statistical Services has disclosed.This is...
Fisheries Ministry announces Ghana’s first Marine Protected Areas
Fisheries and Aquaculture Development Minister Mavis Hawa Koomson has announced Ghana’s first Marine Protected Areas (MPA).The MPA covers some 700km2 of biodiversity-rich coastal waters. The communities...
Ghana’s emerging economic potential – Ekumfi and Natural Juices Industries
As Ghana’s cocoa sector is diminishing at a faster rate as well coconut, the citrus and juice industry are likely to be the next...
Fuel price increase: Petrol selling at GH¢14.99, diesel going for GH¢14.80
Some Oil Marketing Companies have started increasing prices of petroleum products at the pumps in line with the two-week review period.Market Leader, GOIL is...
NPA sets ₵13.2 as price floor for petrol; ₵13.7 for diesel
The National Petroleum Authority (NPA) has started enforcing the “price floor” for petroleum products in the country.The initiative, which is part of the NPA’s...
Ghana debt restructuring snag just a hiccup – Amin Adam
Ghana has made “significant progress” in debt-restructuring negotiations and the latest snag that sent its Eurobonds tumbling on Monday will be ironed out in...
Isaac Adongo dismisses IMF’s ‘positive’ assessment on Ghana’s economy
The Ranking Member on the Finance Committee in Parliament, Isaac Adongo, has raised concerns following the recent staff review by the International Monetary Fund...
Ghana fails to reach debt deal with international bondholders
Ghana has failed to strike a deal with two bondholder groups to restructure $13 billion of international bonds, the government said on Monday, dealing...
Cephas Quarshie: A man of God using Cereno Homes to redefine housing in Ghana
Apostle Dr. Cephas Quarshie, renowned as the Group Chairman of the CBS Group of Companies, stands at the forefront of Ghana's business landscape, earning...
Price of petrol, diesel to go up 5%, 4% per litre – IES
The price of petrol and diesel is projected to further increase by about 5% and 4% per litre respectively at the pumps in the...
COCOBOD, mining firm in tango over destruction of cocoa farms
The Ghana Cocoa Board is up in arms with MIGOP, a private mining company for allegedly destroying hundreds of hectares of rehabilitated cocoa farms...
Ghana secures $360m from IMF with Staff-Level agreement for second review of extended credit facility
Ghana has secured $360 million from the International Monetary Fund (IMF) subject to passing the Fund's Board Approval.This was after it reached the Staff-Level...
Top 10 African countries with the highest food inflation rates in 2024
A recent report by the United Nations has shed light on the persistent challenge of food inflation across various African nations in 2024.The...
GNPC wins 2024 CSR Company of the Year Award
The GNPC Foundation, the Corporate Social Responsibility arm of the Ghana National Petroleum Corporation (GNPC), has been honoured with the prestigious CSR and Corporate...
GSA, FDA harmonise certification processes to fast track approvals for businesses
The Ghana Standards Authority (GSA), and the Food Drugs Authority (FDA) have harmonised their certification processes to fast track approvals for businesses.The move is...
Ghana’s inflation 6th highest in Sub-Saharan Africa – World Bank
Ghana’s inflation of 25.8% is the 6th highest in Sub-Saharan Africa, according to the April 2024 World Bank Africa Pulse report.Zimbabwe, Sierra Leone, Malawi,...
GPRTU warn against unauthorized fare increases by some drivers
The Ghana Private Road Transport Union (GPRTU) of TUC, Ghana, has issued a stern warning against unauthorized fare increases by some drivers.In a...
GEXIM organises Iftar to commemorate Eid-Ul-Fitr celebrations
The Ghana Export – Import Bank (GEXIM) has organised its maiden Iftar at the Bank’s headquarters at the African Trade House in Accra.The...
South Korea to invest $7 billion in AI
South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9.4 trillion won ($6.94 billion) in artificial intelligence by 2027.According to him,...
Government’s refusal to clear goods for HEAL KATH Project sparks public outcry
There is widespread outrage among some Ghanaians over the government's refusal to aid the Heal Kath Project team in clearing tiles for renovation works...
Billionaire faces death in $44bn bank fraud case
It is the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen.Behind the stately...
Mahama in shock as he lists 22 taxes on vehicle imports at Tema Port
Former President, John Mahama has expressed shock at 22 levies and fees on the clearing of goods at the Tema Port.According to him, the...
KNUST Career Services Centre partners with German Embassy to Host ‘Time with the CEOs’
The Career Services Centre of the Kwame Nkrumah University of Science and Technology (KNUST) in collaboration with the German Embassy organised a seminar dubbed...