24-hour economy: We need a detailed implementation plan – Dr Quartey
The Director of the Institute of Statistical, Social, and Economic Research (ISSER), Dr. Peter Quartey, has expressed optimism that former President John Mahama's 24-hour...
Fraud, taxes, unstable network: bane to electronic transaction
There have been several efforts by the Ghana government to expand mobile money transactions nationwide. Taxes, fraud and unstable networks have however, discouraged people from...
GUTA reacts to suspension of import restriction bill
The Ghana Union of Traders Association (GUTA) has welcomed the government's decision to suspend the Export and Import Regulations 2023 Bill.The President of...
Ghana spent $2.6bn to import 14 products including wigs, brooms and palm oil in 2021
Ghana’s import bill on 14 items reached approximately $2.6 billion in 2021. These items include fake hair (wigs), rice, brooms, use clothing, brooms and...
We are hopeful Ghana, Official Creditor Committee can reach agreement soon – IMF
The International Monetary Fund (IMF) has expressed optimism that the Ghana government and the Official Creditor Committee would be reached soon so that the...
List of 10 African countries with highest debt to the IMF; Ghana is 7th
The International Monetary Fund (IMF) is a key player in global finance, offering monetary assistance to governments suffering economic difficulties.However, these loans from...
Gov’t suspends controversial import restriction L.I
JoyNews can confirm that Government of Ghana is suspending the laying of the controversial Legislative Instrument seeking to restrict the importation of at least...
Farmers in Upper East decry low market for paddy rice
Farmers in the Upper East Region have decried the poor market for paddy rice after this year’s harvest and the challenges they are facing...
Import restriction bill: Akufo-Addo, Bawumia want to bring back ‘kalabule’ – NDC
The National Democratic Congress (NDC) is accusing President Akufo-Addo and his Vice, Dr Mahamudu Bawumia, of attempting to bring back 'kalabule' (cleaver bully, conditional...
Speak up against import restriction bill – NDC to clergy, CSOs
The National Democratic Congress (NDC) has called on the clergy, Civil Society Organisations (CSOs), and other relevant stakeholders to speak up against the proposed...
Import Restriction Bill breaches IMF agreement – NDC
The Minority in Parliament has reiterated its opposition to the Import Restriction Legislative Instrument (L.I), stating it breaches the terms of the International Monetary...
Import Restriction Bill not backed by data – GUTA
The President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, says the government’s proposed Import Restriction Bill is not backed by...
Group demands removal of GRA boss
A group calling itself Concerned Citizens of Ghana is threatening to picket at the premises of the Ghana Revenue Authority (GRA) on January 15,...
Wilmar Africa Ltd wins ‘Food Manufacturing Company of the Year’ as Frytol takes ‘Food Brand of the Year’ spot
Wilmar Africa Limited, producers of Frytol Vegetable Oil and Fortune Rice won two awards at the just-ended Women’s Choice Awards Africa 2023, held on...
Govt lays out plan for Asogli debt payment
The government has agreed on a plan to retire debt owed to Sunon Asogli (Ghana) Limited Company, an independent power producer (IPP).Checks by the...
We don’t do credit scoring in Ghana – XDS Data
XDSData, Ghana's leading credit bureau, has denied widely-publicised claims that it has been producing credit score in Ghana.Vice President Dr. Mahamudu Bawumia recently announced...
Stop harassing our members, we are not running away from paying taxes – GGEA to GRA
The Ghanaian German Economic Association is appealing to the Ghana Revenue Authority (GRA) to stop what it describes as harassment of its members.According to...
Ghana Financial Stability Fund takes off – Governor
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has disclosed that the Ghana Financial Stability Fund has taken off.He made the...
UPSA duo emerge winners of 2023 MTN Pulse Business Challenge
Ruby Ampofo and Brainy Nuongtah Lenwood both second year students of the University of Professional Studies, Accra, emerged winners of this year's MTN Pulse...
Vehicle owners likely to pay GH₵100 ‘eco-tax’ annually
Petrol and diesel vehicle owners may be required to pay a new annual tax of GH₵100 per vehicle.The government is introducing this new tax...
T-bills auction: Government misses target by 30%
Ghana's interest rates have returned to an upward trajectory for the first time in a month, as the government continued to borrow heavily on...
Re-evaluate import restrictions bill – 2021 National Best Farmer tells govt
The 2021 National Best Farmer, Mashud Mohammed is appealing to the government to tread cautiously with the proposed Import Restrictions Bill.He stated that the...
Momo Agents Association defends ¢1,000 cap on cashout
The General Secretary of the Mobile Money Agents Association of Ghana, Evans Otumfuo has defended the group’s decision to cap cash withdrawals at a...
Ghana’s discussions with external creditors ongoing – IMF
The International Monetary Fund (IMF) has rejected claims of a stalemate in Ghana’s negotiations for the second tranche of the $3 billion credit facility...
Showdown beckons as Trade Minister readies to lay Goods Restriction L.I. despite opposition
In Parliament today, a major decision is set to take center stage.The Trade Minister, KT Hammond, is poised to present the controversial Goods Restriction...
MoMo withdrawals to be limited to GH¢1k per transaction
Mobile Money (MoMo) agents have announced a temporary measure restricting cash withdrawals to a maximum of GH¢1,000 per transaction.The measure which takes effect...
Trade Minister to lay import restrictions bill in Parliament today
The Minister of Trade and Industry, Kobina Tahir Hammond, is today expected to lay before Parliament the Legislative Instrument (L.I.), seeking to restrict the...
AGI backs proposed L.I to restrict strategic imports
The Association of Ghana Industries (AGI) has backed the Trade Ministry’s Legislative Instrument on Export and Import Regulations, 2023, to restrict the importation of...
Alert! Online Fraud: Tricks you should be aware of
In today's interconnected world, accessing goods and services is just a click away.As we approach the end of the year, the online...
Gov’t, private sector must work together to promote locally-produced rice – Association
The President of the Rice Millers Association of Ghana, Michael Darko is backing the Legislative Instrument seeking to restrict the importation of selected strategic...
Warrior King Watches garners global spotlight, elevating Ghana’s cultural essence
The Ghanaian-made luxury watch brand, Warrior King Watches, has secured a spot in the global market to amplify Ghana's rich cultural essence through timekeeping.Renowned...
Komenda Sugar Factory: KT Hammond drags Mahama’s officials to EOCO
Minister for Trade and Industry, K.T Hammond has referred former officials involved in the Komenda Sugar Factory project to Economic and Organized Crime Office (EOCO)...
1.5% electricity tariff reduction will make debt restructuring impossible – IPPs
The Independent Power Producers (IPPs) have described the recent 1.52 percent reduction announced by the Public Utilities Regulatory Commission (PURC) on electricity tariffs as...
We can’t guarantee power generation – IPPs
Independent Power Producers (IPPs) have hinted they may soon shut down production of power due to their inability to reach an agreement with the...
MTN Ghana justifies new price increases
Telecommunications giant, MTN Ghana has justified its decision to increase the prices of its offerings by 15% for prepaid and postpaid customers.The price increase,...
How new restrictions on importation may further inflate prices of key food products
In a bid to boost domestic production, government has recently implemented new restrictions on the importation of selected strategic products, a move that may...
Ghana anticipates food self-sufficiency in 2024, unveils ambitious plans
Ghana's Minister of Finance, Ken Ofori-Atta is confident Ghana would achieve food self-sufficiency by next year, citing strategic measures taken by the government.After touring...
GRA advised to deploy geospatial data to mobilise property tax
The Chairman of the Parliamentary Select Committee on Lands and Forestry, Francis Manu-Adabo, has advised the Ghana Revenue Authority (GRA) to deploy geospatial data...
Don’t restrict imports, reduce taxes – Importers and Exporters Association tells government
The Executive Secretary of the Importers and Exporters Association of Ghana is urging the government to withdraw the Legislative Instrument seeking to restrict the...
Speaker clears way for laying of import restriction L.I. on Thursday
Trade Minister, KT Hammond can lay the government's L.I. seeking to restrict the importation of selected products on Thursday, the Speaker has said.The Minority...