BIC relocates pen production to Ivory Coast – Minority Leader claims
The Minority Leader in Parliament, Dr. Cassiel Ato Forson, has revealed that BIC, a renowned pen manufacturer, has moved its production operations to Ivory...
President of Malta, HE Dr George Vella pays a working visit to NLA
The President of Malta, H.E Dr George Vella and the First Lady of Malta, Mrs. Mary-Anne Vella, on Friday, 8th March 2024, paid a...
Unilever Ghana has relocated its tea production to Nigeria due to current mess – Ato Forson
The Minority Leader in Parliament, Dr Cassiel Ato Forson, has revealed that Unilever Ghana has decided to move its tea production operations to Nigeria,...
Ghana ranked 10th in Africa with most affordable fuel prices
A report by GlobalPetrolPrices.com ranks Ghana as 10th in Africa with the most affordable fuel prices in March 2024.On the global scale, Ghana sits comfortably...
Banks wrote-off GH¢4.33bn as bad debt in 2023
Banks in Ghana wrote off GH¢4.33 billion as bad debt in 2023, a 79.2% reduction over that of 2022.The bad debt was classified as...
GhIE to hold 54th AGM and Conference in Accra
The Ghana Institution of Engineering (GhIE) will hold its 2024 Engineering Conference and Annual General Meeting (AGM) from March 18, 2024 to March 23,...
John Kumah was a gem and an affable gentleman – AGI Boss
The Association of Ghana Industries (AGI) has expressed profound sorrow over the passing of Deputy Finance Minister, John Kumah, viewing it as a significant...
BoG projects further easing in overall stance on corporate loans
The Bank of Ghana is projecting a further easing in the overall stance on corporate loans in the first two months of 2024, driven...
Empowering Ghana’s rural women and youth: Transforming agriculture for economic prosperity
The agricultural sector stands as a significant contributor to Africa’s economic development, impacting the livelihoods of approximately 60% of the continent's population.Within the...
Debt restructuring by Ghana, 3 others going on well, faster; but global outlook risks persist – IMF boss
The Managing Director of the International Monetary Fund (IMF) has expressed satisfaction with the pace of debt restructuring among the four countries including Ghana.According...
Prudential Life Ghana (PLIG) committed to helping communities succeed – CEO
March 2024 heralds the two-year mark of the appointment of Dr. Hazel Berrard Amuah as the CEO of PLIG.Appointed in March 2022, Dr....
Total number of jobs advertised up by 3.2% – BoG
The total number of advertised jobs in print and online media went up marginally by 3.2% in 2023 to 33,629, the Bank of Ghana...
Cedi depreciates almost 6% to dollar since January 1, 2024; one dollar equals GH¢13.05
The Ghana cedi shed 1.73% in value to the US dollar last week to take its year-to-date loss to 5.88%.It also lost 2.76% against...
Bond market: Turnover rebounds by 19.01% week-on-week to GH¢205.18m
The total volume exchanged on the secondary bond market for Government of Ghana bonds rebounded by 19.01% week-on-week.This reflected a market turnover of GH¢205.18...
Maize sellers in Sissala stranded, unable to find market
Maize sellers in the Sissala area of the Upper West Region are crying for buyers of their produce weeks after harvest, with all known...
Transport fares to go up by 30% effective March 7
The Transport Operators Union and the Concerned Drivers Association of Ghana have announced a 30 percent increase in transport fares effective March 7, 2024.In...
A breakdown of the financial implications of the Anti-LGBTQ Bill
The Ministry of Finance has revealed that Ghana stands to forfeit approximately US$3.8 billion in World Bank financing over the forthcoming five to six...
Ghana’s telecom market: NCA to regulate tariff charges
Ghana's telecom industry is set for a shakeup as the National Communications Authority (NCA) prepares to regulate how often Mobile Network Operators can adjust...
T-bills auction: Interest rates fall for 9th consecutive week to 26.9%; government records 19% oversubscription
Interest rates fell for the 9th consecutive week running in line with analysts’ forecasts.According to the auction results by the Bank of Ghana, the 91-day...
World Bank warns Ghana of funding cuts over Anti-LGBTQI+ Bill
The World Bank is threatening to cancel loans earmarked in Ghana over the passing of the controversial Anti-LGBTQI+ Bill, known formally as the Human...
‘Dumsor’ cannot be attributed to maintenance work – Justice Yaotse
Policy Lead of Petroleum and Conventional Energy, Justice Yaotse is challenging claims by the Managing Director of the Electricity Company of Ghana (ECG), Samuel...
Petrol, diesel, LPG prices to go up marginally – IES
Barring any intervention, consumers should expect further marginal increases in the price of petrol, diesel and Liquefied Petroleum Gas (LPG) in the coming days,...
Interest rate reduction should be linked to improved economy – John Awuah
The Chief Executive of the Ghana Association of Banks (GAB), John Awuah, has said that there must a direct link between reduction in interest...
1,450 gallons of illicit oil confiscated at CMB
The Anti-Smuggling Task Force on Wednesday February 28, 2024 continued their swoop on illicit vegetable oil imports, confiscating 1,450 gallons without proper documentation.Importers...
Cedi crosses $13 mark
The Ghana cedi crossed the $13 mark as the depreciation of the local currency continued on February 28, 2024.Most forex bureaus according to checks...
BoG’s 1% rate cut is a big joke – Togbe Afede XIV
The Bank of Ghana Monetary Policy Committee (MPC)Â on Monday, January 29, 2024 announced a cut in the key policy rate of 100 basis points,...
Over 10,000 gallons of smuggled cooking oil seized [Photos]
A joint task force led by the Tree Crop Development Authority has begun sanitising markets by seizing smuggled cooking oil.On Tuesday, February...
See the list of companies that were paid judgement debts by gov’t between 2017-2022
Between 2017 and 2022, the government disbursed a total of GH¢300,385,317.52 in judgement debt.This is according to information released by the Ministry of Finance...
See the new Momo balance & transaction limits effective March 1
The Bank of Ghana (BoG) has recently announced an upward adjustment of balance and transaction limits for customers' mobile money wallets, scheduled to take...
We are no longer going to celebrate GDP growth – Prof Bokpin
A Professor of Finance at the University of Ghana Business School, Godfred Bokpin, has challenged the conventional celebration of Gross Domestic Product (GDP) growth.According to...
Cedi inches closer to GH¢13 to a dollar as depreciation continues unabated
The Ghana cedi is inching closer to GH¢13.00 to one US dollar barely two months into 2024 as the depreciation of the local currency...
Ghana to prohibit export of bauxite in raw state – Prez Akufo-Addo
The government will soon present a Legislative Instrument before Parliament to prohibit the export of bauxite in its raw state, President Akufo-Addo announced.This move...
SONA 2024: GH¢5.8bn paid to bondholders – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has revealed that the government has fulfilled its financial pledges by clearing the final coupons owed to domestic bondholders.In...
SONA 2024: Good news for cocoa farmers
President Akufo-Addo has reaffirmed his commitment to supporting cocoa farmers in the upcoming season.During his State of the Nation address on Tuesday, February...
Cedi depreciates 4.44% to dollar since January 1, 2024
The Ghana cedi has lost about 4.44% in value to the US dollar since the beginning of the year.Last week, the local currency weakened...
SML doing world-class monitoring for Ghana; ignore the propaganda – Atta Akyea to Ghanaians
Chairman of Parliament's Mines and Energy Committee, Samuel Atta Akyea has rejected allegations suggesting that Ghanaians were cheated in the GRA-SML contract, labeling them...
COPEC, IES demand transparency from NPA regarding sanctions on Sentuo Oil Refinery
The Institute for Energy Security (IES) and the Chamber of Petroleum Consumers (COPEC) have urged the National Petroleum Authority (NPA) to disclose the sanctions...
T-bills auction: Interest rates fall for 8th week running; government raises GH¢6.26bn
Interest rates eased for the 8th week running on the treasury market but marginally.Indeed, the yields on the treasury bills continued to ease in line...
Ghana has the cleanest fuel in the sub-region – NPA Boss
The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, says Ghana’s fuel specifications, which are set at Sulphur content of 50...
Bono Region: Close to 900,000 metric tonnes of cashew go waste
Madam Justina Owusu-Banahene, the Bono Regional Minister, has appealed to Ghana’s development partners to assist in adding value to cashew fruits and nuts for...