One dollar selling at GH¢16.40
The Ghana cedi depreciated by 2.94% against the US dollar last week, bringing its year-to-date loss to 3.87% since January 2025.This depreciation was due...
GPRTU awaits Transport Minister nomination to discuss fare adjustment
The Ghana Private Road Transport Union (GPRTU) has announced that it is waiting for the nomination and approval of a Minister-designate for Transport before...
Road tolls to be digitised, physical barriers to be eliminated – Kwame Agbodza
The Roads and Highways Minister-designate, Governs Kwame Agbodza, has revealed that road tolls will be reinstated in a new, technological form, eliminating the need...
Ghana’s economy vulnerable to exchange rate volatility amid dollar-dominated debt
Ghana has been highlighted as one of the African countries with a majority of its external debt denominated in US dollars. This is according...
Okaikwei South: AMA engages stakeholders on centralised digital payment system
The Accra Metropolitan Assembly (AMA) has engaged with Okaikoi South Sub-Metropolitan District stakeholders to introduce the new centralised digital system and payment platform to...
Rising inflation in Ghana and Nigeria to hinder economic growth – Deloitte
Professional services firm Deloitte has reiterated that the persistent rise in inflation in Ghana and Nigeria will hinder economic growth.Businesses are facing increased costs,...
Under-declaration isn’t a criminal offence – Former ECG MD responds to audit report
The former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, says under-declaration of revenues is not a criminal offence.As such,...
ACEP calls for a change petroleum margins into tax revenues
The African Centre for Energy Policy (ACEP) is calling for a change of all petroleum margins into tax revenues to free up some 6.3...
Dr deyemi urges businesses to harness power of intentional transformation
Global Speaker Rev Dr Sam Adeyemi has urged business leaders and staff members to be attentive to their surroundings, emphasising that what they hear...
ACEP advocates for BOST commercialisation and listing on the Stock Exchange
The Africa Centre for Energy Policy (ACEP) is urging the government to commercialize the Bulk Oil Storage and Transportation Company (BOST) and list it...
Cost of transporting foodstuffs a major contributor to high inflation – GSS
The cost of transportation was a major factor pushing inflation above 20 percent in 2024. According to the Ghana Statistical Service, this contributed to...
Mahama, Opoku-Agyemang hold crucial meeting with IMF
President John Dramani Mahama and Vice President Professor Naana Jane Opoku-Agyemang have held a crucial meeting with the International Monetary Fund (IMF) in Accra...
Resilient leadership key to business growth – Dr (Mrs) Siaw Agyepong
The Chief Executive Officer of African Agribusiness Consortium (AAC) Limited, Dr Adelaide Siaw Agyepong, has underscored the need for resilient company leaders to help...
TEWU urges Mahama to expedite conditions of service implementation
The Teachers and Educational Workers Union (TEWU) of TUC (Ghana) has called on the Mahama administration to expedite the implementation of revised conditions of...
T-Bills Auction: Government to raise GH¢6.35bn on January 17
The government will raise GH¢6.35 billion through the issuance of 91-day, 182-day, and 364-day bills on Friday, January 17, 2025.This will be used to...
I’ve never said scrapping e-levy or betting tax will violate IMF Programme – Gideon Boako insists
Member of Parliament for Tano North, Dr. Gideon Boako, has refuted claims that scrapping the e-levy and betting tax would violate Ghana’s programme with...
Ato Forson’s responses on revenue shortfalls spark fears of harsher taxes – Minority
The Minority has raised concerns over the responses of Finance Minister-designate, Dr Cassiel Ato Forson, during his vetting on Monday, January 13.Dr Gideon Boako,...
Reboot Your Life Series: Live within your means for financial discipline – Yaw Lartey
A Partner and Financial Advisor at Deloitte Ghana, Yaw Appiah Lartey, has urged Ghanaians to adopt financial discipline by living within their means.Speaking on...
Fuel prices projected to increase by Friday, Jan. 17, due to cedi depreciation and rising global crude prices
Petroleum product prices are expected to increase marginally at the pumps, effective Friday, January 17, 2025.This increase is influenced by rising prices of crude...
WAPCo reschedules offshore pipeline maintenance to February 3
The West African Gas Pipeline Company Limited (WAPCo) has revised the start date for its offshore pipeline cleaning and inspection exercise, commonly referred to...
OMCs warn of looming fuel shortages
The Chamber of Oil Marketing Companies (OMCs) has raised concerns about a potential fuel shortage in the coming days.The Chamber links this looming crisis...
Cocoa pricing: Ato Forson dodged GHS 6k per bag comment during vetting – Oforikrom MP
The Member of Parliament for Oforikrom, Michael Aidoo, has expressed concern over the politicisation of cocoa farming and its pricing in Ghana.He noted that...
Rising bond yields point to fiscal challenges for sovereigns – Fitch
Fitch Ratings has disclosed that the rising government bond yields, despite policy rate cuts by major central banks, highlight fiscal challenges facing many sovereigns...
Gold, cocoa prices to surge in 2025, but crude oil to tumble – Report
Gold and cocoa prices are expected to perform strongly in 2025, while that of Brent crude will tumble.This would driven by geopolitical tensions, potential...
Bright Simons: Finance Minister-designate grilled over tax promises
The Minister of Finance-designate of Ghana’s new government was very supportive of the positions of Civil Society Organisations (CSO) in some of our advocacy campaigns...
Jospong Group CEO pledges support for 24-Hour Economy at JLC 2025
The Executive Chairman of the Jospong Group of Companies (JGC), Dr. Joseph Siaw Agyepong, has reiterated his company’s unwavering commitment to partnering with the...
Star Assurance kick-starts 40th anniversary with ’40 Reasons to Smile’ launch
Star Assurance has launched its '40 Reasons to Smile' promo to celebrate 40 years of providing insurance services since its establishment in 1985.According to...
John Jinapor raises alarm over escalating energy sector debt
Energy Minister-Designate John Abdulai Jinapor has expressed deep concern over the escalating debt burden in Ghana’s energy sector, calling it a pressing issue that...
I’ll focus on the development of the real sector – Dr Ato Forson
The Minister of Finance-designate, Dr. Cassiel Ato Baah Forson, has promised to focus the attention of the government on the microeconomy and the real...
Businesses to see tax reliefs as Ato Forson promises VAT reforms
The Minister of Finance-designate, Dr. Cassiel Ato Baah Forson, has promised to carry out significant reforms in the implementation of the Value Added Tax...
Fuel shortage persists in Damongo despite NPA’s assurances
Despite assurances from the National Petroleum Authority (NPA) to normalize fuel supplies in the Savannah Regional capital of Damongo, the product is still in...
Mahama engages Independent Power Producers to avert power crisis
President John Dramani Mahama has held an emergency meeting with Independent Power Producers (IPPs) to address Ghana’s looming energy crisis.The meeting, held on Monday,...
Ato Forson promises to collaborate with new Agric Minister for fair cocoa prices
The Finance Minister-designate, Dr. Cassiel Ato Forson, has assured cocoa farmers of fair pricing for their produce through collaboration with the incoming Minister for...
We’ll set up independent value for money office – Ato Forson
The Finance Minister-designate, Dr. Cassiel Ato Forson, has revealed that the National Democratic Congress (NDC) government will establish an Independent Value for Money Office.The...
Ato Forson pledges to address challenges of Domestic Debt Exchange Programme
The Minister-Designate for Finance, Dr. Cassiel Ato Forson, has vowed to tackle the adverse effects of Ghana’s Domestic Debt Exchange Programme (DDEP) on the...
Cedi loses grounds against dollar but records gain against pound; one dollar equals GH¢15.85
The Ghana cedi lost 0.48% to the dollar last week, increasing its year-to-date loss to 1.27% with just 13 days into 2025.The local currency...
Finance Minister-designate vows to bring inflation back to single digit
Finance Minister-nominee Dr. Cassiel Ato Forson has committed to reducing Ghana’s inflation to single digits through a series of robust fiscal measures, with a...
We’ll abolish betting tax, E-Levy in our first budget – Ato Forson insists [Video]
The Finance Minister-designate, Dr. Cassiel Ato Forson, has vowed to abolish the betting tax and the e-levy in his first budget.Speaking before the Appointments...
Don’t be scared; we won’t default on our debt obligations – Ato Forson to Akufo-Addo
The Finance Minister-designate, Dr. Cassiel Ato Forson, has assured former President Nana Akufo-Addo and the people of Ghana that the country will not default...
We intend to reduce depreciation to 8% in the shortest time – Finance Minister-designate
The Finance Minister-designate, Dr. Cassiel Ato Forson, has announced plans to reduce the country’s currency depreciation rate to 8% within the shortest possible time.He...