BoG nears zero counterfeit with clean note policy
The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency.The Central Bank emphasizes its progress toward achieving a...
GRA reacts to Bawumia’s concerns
The Assistant Commissioner of the Ghana Revenue Authority (GRA), Emelia Assam, has responded to the alleged harassment of business owners during tax collection.This follows...
The tax amnesty proposal is unrealistic – Seth Tekper
Former Finance Minister, Seth Terkper has questioned the feasibility of Vice President Mahamudu Bawumia's tax amnesty proposal calling it “unrealistic.”This comes after the New...
We are going to grant tax amnesty to all businesses in 2025 – Bawumia
Vice President, Dr. Mahamudu Bawumia has assured businesses of tax amnesty in 2025 if he wins the December 2024 presidential elections.According to him, the...
Size of Ghana’s economy hits GH¢841.63bn in 2023 – GSS
The size of Ghana’s economy stood at GH¢841.63 billion in 2023, the Ghana Statistical Services has revealed.This includes net indirect taxes estimated at GH¢58.74...
Ghana records 2.9% GDP growth in 2023
Ghana’s economy grew 2.9 percent growth in 2023 lower than to 3.8 per cent recorded in 2022, the Ghana Statistical Service said on Wednesday.The...
We’re working to make Ghana ICT hub of West Africa – Communications Minister
Minister of Communications and Digitisation, Ursula Owusu-Ekuful, says the government is building the pillars to make Ghana the Information and Communications Technology (ICT) Hub...
We need to make Ghana business-friendly country – Bawumia
Flagbearer of the New Patriotic Party (NPP) Dr. Mahamadu Bawumia has expressed his desire and willingness to make Ghana a Business friendly and tax...
AngloGold Ashanti recorded $46m loss in 2023
AngloGold Ashanti lost $46 million or 11 US cents per share in 2023.This is compared to $489 million or 116 US cents per share,...
MoMo agents threaten strike over E-levy
The Mobile Money Advocacy Group Ghana (MOMAG) and Momo Agents are up in arms with the Ghana Revenue Authority (GRA) for imposing E-levy on...
High inflation: Most Ghanaians shifted spending in 2023 to essential goods – Maverick Report
Most Ghanaians shifted their spending habits in 2023 with a focus on essential goods as inflation bites, according to a survey by Maverick ResearchThe...
Unemployment biggest threat to Ghana’s GDP – World Economic Forum
The increasing rate of unemployment in Ghana has becoming alarming in subsequent weeks.From the staggering 1.85 million Ghanaians being unemployed in the third quarter...
GRA urges public collaboration to expose tax evaders
The Ghana Revenue Authority (GRA) has called on Ghanaians to collaborate with the authority to expose tax evaders, whose actions impede the country’s economic...
Cedi is Africa’s third-worst performing currency this year – Bloomberg
The worst may not be over for Ghana’s cedi, Africa’s third-worst performing currency this year.Analysts said the unit, which has already lost more than...
Ghana’s economic downturn not only due to COVID-19 but also excessive spending – IMF
The International Monetary Fund (IMF) has said that Ghana's ongoing economic challenges stem not only from the COVID-19 pandemic but also from excessive spending...
NCA gives update on undersea cable disruptions
The National Communications Authority (NCA) updated the public on the disruption of undersea cables that has since Thursday, 14th March, 2024 affected data services...
GNPC CEO Opoku-Ahweneeh Danquah – transforming Ghana’s oil and gas sector with Vision and Action
In a bold departure from traditional norms, Opoku-Ahweneeh Danquah, the Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), is redefining leadership...
MTN Ghana secures additional capacity to improve data experience for subscribers
MTN Ghana has announced that it has secured additional capacity from its international partners to help improve data and internet services to its subscribers.This...
Cedi depreciates 8.63% to dollar since January 1, one dollar going for GH¢13.60
The Ghana cedi has lost 8.63%in value to the dollar since the beginning of 2024 as pressure continues to mount on the local currency.Bloomberg...
Importers demand plan B as internet disruption bites hard on clearance at Tema Port
Importers and freight forwarders at the Tema port are asking the Ghana Shippers Authority to ensure shipping lines do not charge them for extra...
You need a better deal from Eurobond holders; don’t allow them to twist your arm – IMF boss to Ghana
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, is advising Ghana to reach a better deal with its Eurobond holders, saying,...
Petrol, diesel prices to remain same; LPG to go up 4% – IES
The prices of petrol and diesel are expected to stay the same for the next two weeks, the Institute for Energy Security has revealed.However,...
IMF deal: Akufo-Addo commits to meeting aspirations of Ghanaians
President Akufo-Addo says the government will be cautious to strike a fine line between meeting the aspirations of Ghanaians and staying true to the...
IMF boss arrives in Ghana; will meet Akufo-Addo, Finance Minister, BoG Governor, others
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has arrived in Ghana.This is her first official visit to the country.She was...
ECG only engaged in optics by disconnecting known government entities – Ben Boakye
The Executive Director of the Africa Centre for Energy Policy (ACEP) has criticised the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution...
Borrowing from IMF and World Bank needed badly to hold economy – Chair, Finance Committee of Parliament
The Chairman of the Finance Committee of Parliament, Kweku Kwarteng has stated that borrowing from the International Monetary Fund (IMF) and World Bank are...
Ghana must explore in-land fibre optics to curtail future interruptions – Internet Service Providers
A Board member of the Internet Service Providers, Daniel Kofi Ansah Akuffo is advocating for the exploration of inland cables in Ghana to mitigate...
NCA describes nationwide internet disruption unprecedented
The National Communications Authority (NCA) has described the nationwide internet disruption as unprecedented.According to the Authority, it does not know when the disturbance will...
We expect inflation to increase to 26% in March 2024 – GCB Capital
GCB Capital expects a sharp increase in headline inflation in March 2024 to around 26%.This is largely due to unfavourable base drifts, following the...
Telecoms Chamber reacts to internet connectivity challenges
The Ghana Chamber of telecommunications has attributed the difficult in accessing internet connectivity today March 14, 2024, to outages on multiple submarines optic fibre...
Govt earmarks funds for financial sector cleanup – Minister assures
The Minister of State-designate at the Ministry of Finance, Abena Osei Asare, has said government has earmarked money to pay customers and asset managers...
COCOBOD fears climate change will negatively affect cocoa production target
Ghana Cocoa Board fears the current weather conditions as a result of climate change may negatively affect the country’s cocoa production target of nearly...
Trade Minister orders uniform cement prices across country
The Minister of Trade and Industry, K. T. Hammond, has directed the newly constituted Cement Manufacturing Development Committee to ensure uniformity in cement prices...
Cedi depreciation to blame for surge in fuel prices – COPEC
The Chamber of Petroleum Consumers (COPEC) has cautioned that fuel prices will continue to surge in the coming weeks if the depreciation of the...
Afenyo-Markin justifies $449m tax waiver request for 1D1F businesses
Majority Leader Alexander Afenyo-Markin has refuted claims made by the Minority regarding the government's tax waiver requests for businesses under the One District One...
Climatic conditions lead to historic cocoa price spike
Climatic conditions are contributing to a poor cocoa crop which has shot up cocoa prices to previously unseen levels.Cocoa prices have reached over $7,300...
PFJ Phase 2: Agric Ministry to begin registration of farmers today
The Ministry of Food and Agriculture (MoFA) is set to launch a nationwide registration of farmers on Tuesday, March 12, as part of the...
Cedi regains some stability against dollar; one dollar going for GH¢13.10
The Ghana cedi regained some stability against the US dollar last week, preserving its year-to-date loss of about 6.35%.After a difficult period in the...
GSE is 6th best performing stock market in Africa
The Ghana Stock Exchange (GSE) is the 6th best-performing stock market in Africa so far this year.The GSE Composite Index continued its positive run at...
Inflation to decline between 13-17% by December 2024 – BoG
The Bank of Ghana is forecasting a further decline in headline inflation to between 13 – 17% by the end of 2024, before gradually...