Arla Foods Ghana Ltd. appoints Paul Nortey Dowuona as first Ghanaian Managing Director
Arla Foods, producers of Dano milk variants, has appointed Paul Dowuona to lead the Ghana business effective 1st of August 2023, the first Ghanaian...
I’ll restrict import of selected items to boost local businesses – Mahama
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has announced his intentions to impose import restrictions on specific essential commodities if...
LPG Marketing Companies Association kicks against new $80 per metric ton tax by NPA
The Liquefied Petroleum Gas (LPG) Marketing Companies Association has strongly condemned the National Petroleum Authority's (NPA) decision to impose a new tax on LPG,...
Elevating Knowledge about Africa in International Business: KNUST’s Prof. Nathaniel Boso’s legacy
Nathaniel Boso (PhD) is an international marketing and Strategy professor and O.R. Tambo Africa Research Chair at the Department of Marketing and Corporate strategy,...
New MTN Ghana CEO Stephen Blewett takes over
Stephen Blewett, has taken over as the Chief Executive Officer of MTN Ghana.He takes over from Selorm Adadevoh, who has been appointed as the...
Ivory Coast to raise cocoa farmgate price by 50%
Ivory Coast's President Alassane Ouattara will increase the official cocoa farmgate price to 1,500 CFA francs ($2.47) per kg from Tuesday, April 2, from...
NPA to set price floor for petroleum products from April 1 in new guidelines
The National Petroleum Authority (NPA), will from April 2024 set the “floor” for pricing of petroleum products in Ghana, which will prevent any industry...
NIC raises concern over surge in insurance fraud
The National Insurance Commission (NIC) has expressed concerns about the recent upsurge in fraudulent activities and its consequential impact on the insurance sector.Acting...
COPEC predicts fuel prices to remain unchanged in April’s initial pricing window
Fuel prices at various outlets nationwide are expected to remain stable during the initial pricing window in April.This is according to forecasts by the...
Ghana needs a change in direction – TUC
The Trades Union Congress (TUC) leadership has voiced its support for a change in direction as Ghana approaches the 2024 general elections.During a discussion...
UMB welcomes BoG’s appointment of Advisor towards its recapitalization drive
The Board of Directors of Universal Merchant Bank Ltd (UMB) has announced the appointment of Dr Joseph France by the Bank of Ghana as...
Fuel prices likely to be maintained in April first pricing window – COPEC
Prices of fuel at the pumps across the country are projected to be maintained in the first pricing window in April 2024.The forecast by...
Zeepay secures additional $3m from Verdant Capital Hybrid Fund
Verdant Capital Hybrid Fund has completed its fourth investment in just over two years since its closing, with a $3 million preferred equity investment...
Minority demands probe into GH¢10bn ESLA funds
Former Energy Minister, Emmanuel Armah Kofi Buah, is advocating for a comprehensive audit of the GH¢10 billion accrued from the Energy Sector Levy (ESLA).He...
I’ve really worked well as Veep; vote for me as President – Bawumia to traders
Vice President, Dr Mahamudu Bawumia has asserted that he has largely fulfilled his commitments to the nation, underscoring the importance of granting him the...
Energy transition threatens survival of GNPC – PIAC warns
The Public Interest and Accountability Committee (PIAC) is warning about the threat the energy transition poses to the survival of National Oil Companies (NOCs)...
BoG appoints Dr. Joseph France as advisor for management of UMB
The Bank of Ghana has appointed, Dr. Joseph O. France, as an Advisor to advise the management of Universal Merchant Bank LTD (UMB), effective...
Weather conditions affecting Ghana’s cocoa production – Fiifi Boafo
The Public Affairs Manager of COCOBOD, Fiifi Boafo, has attributed the decrease in production of cocoa beans to adverse weather conditions.According to him, heavy...
Ghana spends GH¢11 billion to import oil
Coordinator for the Anti-Smuggling Taskforce on Vegetable Oil Import, Dr. Paul Amaning has revealed that, Ghana spends GH¢11 billion annually to import oil.This, he...
Disbursement of $1.2bn from partners will mitigate Cedi depreciation – Finance Minister
Finance Minister, Dr. Mohammed Amin Adam has stated that the anticipated $1.2 billion from development partners will bolster the local currency against major trading...
Zen Petroleum opens 50th fuel retail station
ZEN Petroleum, a wholly owned Ghanaian Oil Marketing Company (OMC), has opened its 50th fuel retail station in Ghana.Customers who visit any of ZEN’s...
ECG inspects distribution transformers to help sustain power
The Electricity Company of Ghana (ECG) has started an exercise to check on various power transformers across the country to identify and fix faults...
Bawumia was right, GRA is killing businesses – TAGG
The Traders Advocacy Group Ghana (TAGG) has backed Vice President, Dr. Mahamudu Bawumia's remarks on the operations of the Ghana Revenue Authority (GRA).According to...
Finance Minister warns against deviation from revised cash waterfall mechanism by ECG
Finance Minister, Dr Mohammed Amin Adam has warned that any deviation from implementing the revised Cash Waterfall Mechanism could make the energy sector crisis...
Ghana Revenue Authority Board dissolved
President Akufo-Addo has dissolved the Board of the Ghana Revenue Authority (GRA).According to available information, the Commissioner General of the GRA who is also...
50% of African business leaders unaware of Pan African Payment and Settlement System – Report
The Future of Trade Report has revealed that about 50% of businesses in Africa are unaware of the Pan African Payment and Settlement System...
Alan Kyerematen to reduce food inflation if elected President
Founder and Leader of Movement for Change, Alan Kwadwo Kyerematen has outlined his plan to tackle food inflation should he be elected as President...
NIC is committed to aggressive education to boost insurance coverage – Ag Commissioner
The National Insurance Commission has expressed commitment to undertake aggressive regular education to boost insurance coverage in Ghana.The move is to ensure that many...
IMF to begin Second Review of Ghana’s programme on April 2
The second Review of Ghana’s three-year, $3bn IMF-Supported Post Covid-19 Programme for Economic Growth (PC-PEG) to be conducted by the IMF Staff has been...
Cocoa is more expensive than copper as it tops $9,000
Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9,000 for the first time ever —...
GPHA refutes claims Ghana is losing cargo to neighboring countries
The Director General of the Ghana Ports and Harbours Authority (GPHA), Michael Luguji, is challenging the business community to provide any data to back...
Finance Minister charges GRA Customs to reduce leakages
The Minister of Finance, Dr Mohammed Amin Adam, has charged the Customs Division of the Ghana Revenue Authority (GRA) to put in more efforts...
2024 polls: We’ll control our expenditure – Abena Osei-Asare
The Minister of State-designate for the Finance Ministry, Abena Osei-Asare, has affirmed the government's unwavering dedication to preventing revenue losses as the nation prepares...
Economic activity pickup in January 2024 – BoG
The Bank of Ghana’s high-frequency real sector indicators pointed to a continued pickup in economic activity in the first month of 2024.According to the...
More than half of 23 banks fully recapitalized – BoG
More than half of the 23 banks in Ghana have fully capitalized, the Governor of the Bank of Ghana, Dr. Ernest Addison, has disclosed.According...
Analysis: Cedi to struggle against US dollar as demand pressures heighten
As the Bank of Ghana prepares to auction $120 million to Bulk Oil Distribution Companies (BDCs) in the second quarter of 2024, ongoing dollar...
Total mobile money transactions hit record GH¢394.2bn in two months of 2024
The total value of mobile money transactions for the first two months of 2024 stood at a record GH¢394.2 billion.This is compared with GH¢264.1...
Sentuo Oil Refinery affirms commitment to touch lives through CRS
One of Ghana’s biggest Oil Refineries, Sentuo Oil Refinery is not only creating employment opportunities in Ghana, but is determined to touch the lives...
Ghana ended 2023 with GH₵610bn public debt; a 27% increase
Ghana’s public debt increased to GH₵610 billion as at December 2023.Comparatively, this is a 26. 85 percent rise from the GH₵446.3 billion recorded...
Vessels set sail to commence work on cut subsea cables – Ken Ashigbe
The Subsea cable landing Service providers have set sail for their vessels to commence work on cut subsea cables.The Vessels are moving to the...