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See Ghana’s top 10 food imports and exports

The recently released Ghana 2023 mid-year Trade Report by the Ghana Statistical Service delves into the intricate landscape of the country's food product trade,...

Producer Price Inflation falls to 9.6%

The Producer Price Index (PPI) for October 2023 fell to 9.6%, data from the Ghana Statistical Service has revealed.This represents a 15.5 percentage point...

Cedi depreciation slowed down last week; one dollar equals ¢12.18

The Ghana cedi would remain relatively stable this week, following the recent approval of the $800 million cocoa syndication loan by Parliament, and the...

Cement factories shut down by GSA sign undertaking

The head of the Ghana Standard Authority (GSA), Professor Alex Dodoo, has revealed that the three cement manufacturing companies that were recently closed down...

Zeepay Ghana fined, forex license suspended temporarily

The Bank of Ghana (BOG) has temporarily suspended and fined Zeepay Ghana Limited for a clause breach.The Central Bank in a notice on Monday,...

GUTA clashes with foreign traders in Koforidua

Chaos erupted at Koforidua in the Eastern region between members of the Ghana Union of Traders Association (GUTA) and foreign retailers, predominantly Nigerians.The...

Gov’t to ban importation of 22 items including rice, ‘yemuadie’

The government through the Trade Ministry is set to lay before Parliament a Constitutional Instrument (C.I) seeking to restrict the importation of some selected...

IET bemoans influx of substandard cement on Ghanaian market

The Institution of Engineering and Technology-Ghana (IET) has expressed concerns about a cartel compromising the quality of cement on the Ghanaian market.Highlighting the gravity of...

Budget 2024: What’s in for the betting and gaming industry?

In 2024, the Government of Ghana is hoping to generate some GH¢176.4 billion cedis in revenue and grants of which about 81% is expected...

Market women understand economics better than politicians – Economist

An economist, Dr Theo Acheampong has said a GH¢1 trillion Gross Domestic Product (GDP) is meaningless in economics.This comes after the Finance Minister, Ken Ofori-Atta told Parliament that Ghana’s...

Japan Motors starts local assembly of Foton trucks, buses

Japan Motors Trading Company Ltd (JMTC), the sole distributor of the Foton range of vehicles, has started the assembling of two Foton vehicles in...

Do more to improve business environment – US Ambassador to gov’t

The US Ambassador to Ghana, Virginia Palmer, wants the government to do more to improve the business environment in Ghana.Speaking at the...

YEA to employ 20,000 artisans

The Youth Employment Agency (YEA) has opened its portal to enroll Ghanaian youth under its Artisanal Trades and Vocation Module to create a minimum...

Ghana to record average inflation of 18% by end of 2024 – EIU

Ghana will record an average inflation of about 18.0% by the end of 2024, The Economist Intelligence Unit (EIU) has projected.This will be a...

Mahama announces juicy package for companies under 24-hour economy policy

Flagbearer of the National Democratic Congress, John Mahama says tax incentive will be granted businesses who sign up for the 24 economy policy.The proposal...

Gov’t killing local poultry industry to benefit financiers – Mahama

Flagbearer of the National Democratic Congress (NDC), John Mahama, says the previous government's policy to reduce poultry importation was abandoned by the Akufo-Addo-led administration.He...

Bono East Regional Coordinating Council partners Dangote Group to build sugar factory

The Bono East Regional Coordinating Council (BERCC) has entered into a strategic partnership with the Dangote Group to establish a state-of-the-art sugar factory with...

Economy to reach gradual path to recovery in 2024 – Fitch Solutions

Fitch Solutions has reiterated that Ghana’s economy will reach the gradual path to recovery in 2024.However, growth will remain below its pre-pandemic average of...

Some OMCs reduce fuel prices; Petrol selling for ₵12.80, Diesel at ₵13.30 a litre

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps from today November 17, 2023.TotalEnergies Ghana is selling a...

2024 budget: Economist schools Ken Ofori-Atta

An economist, Dr Theo Acheampong has said a GH¢1 trillion economy means nothing when inflation is still in excess of 30 percent.This comes after the Finance...

Ensure that NIB is recapitalized – Government told

The Dean of the University of Cape Coast Business School, Professor John Gatsi has urged government to ensure that the National Investment Bank (NIB) is recapitalized as was stated in...

NPA upgrades standard for petrol imported into Ghana to meet EURO IV & EURO V standards

The National Petroleum Authority (NPA) has upgraded the standard for gasoline, commonly known as petrol or super used in the country.This follows the review...

BoG releases list of unapproved money transfer organisations

The Bank of Ghana has cautioned the general public to desist from dealing with unapproved Money Transfer Organisations (MTOs).In a statement, the BoG said...

2024 budget: Prices of goods won’t be reduced – Importers and Exporters Association

The Executive Secretary of the Importers and Exporters Association of Ghana is predicting that, prices of goods will skyrocket ahead of the Christmas festivities.Sampson Asaki...

High count of manganese in fuel currently on market – COPEC

The Chamber of Petroleum Consumers Ghana (COPEC) says it has found out that there is a possible high count of manganese in the fuel...

Peasant Farmers Association lauds govt’s GH₵1bn allocation to support PFJ II

Peasant Farmers Association has welcomed government's decision to allocate GH₵1 billion to the Millennium Development Authority (MiDA) for the implementation of the Economic Enclaves...

COPEC threatens legal action against NPA

The Chamber of Petroleum Consumers, COPEC, has threatened legal action against the National Petroleum Authority (NPA) over alleged manganese concentration in fuel.According to the Executive...

2024 budget: Ofori-Atta’s tax reliefs not impactful – Lecturer

A lecturer at the University of Developmental Studies (UDS), Dr Michael Ayamga says that Finance Minister, Ken Ofori-Atta's tax reliefs in the 2024 budget...

Akufo-Addo cuts sod for phase 2 of Tema Port Expansion

President Nana Addo Dankwa Akufo-Addo has inaugurated a fleet of new gantry cranes and also cut the sod for the commencement of phase two...

2024 budget not inspiring – GNCCI

The Chief Executive of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu-Aboagye, has expressed his dissatisfaction with the 2024 budget.According to...

The tax reliefs in 2024 budget are ‘highfalutin’ – John Jinapor

A ranking member on the Mines and Energy Committee of parliament, John Jinapor, has described as highfalutin, the government’s introduced tax reliefs.Speaking on Joy...

Exchange rate expected to remain stable – Finance Minister

Finance Minister, Ken Ofori-Atta has assured that the Ghanaian Cedi is poised to withstand exchange rate shocks and will maintain its strength in the...

GUTA reacts to 2024 budget

The Ghana Union of Traders Association (GUTA) has expressed dissatisfaction with the 2024 budget statement presented by Finance Minister, Ken Ofori-Atta.Mr Ofori-Atta...

Inflation declining because we’ve turned the corner – Ofori-Atta

The Finance Minister, Ken Ofori-Atta, says Ghana’s economy, which plummeted in recent years, has begun making modest gains.Delivering the 2024 budget statement in Parliament...

Govt targets GH¢176.4bn revenue in 2024; aims to spend GH¢226.7bn

The Finance Minister, Ken Ofori-Atta, delivering the government’s fiscal plan for 2024 to Parliament on Wednesday, November 15, projected that the total revenue for...

Budget 2024: All is set for the implementation of YouStart – Ken Ofori-Atta

Finance Minister, Ken Ofori-Atta has announced that all is set for implementation of the YouStart initiative in 2024.He said this during the 2024 budget...

Infographics: All you need to know about the 2024 budget

Finance Minister, Ken Ofori-Atta presented the government's 2024 Budget Statement and Economic Policy in Parliament on Wednesday November 15, 2023.This presentation aims to outline...

Why Ofori-Atta paused reading of 2024 budget to clap

In adherence to his constitutional obligation, Minister of Finance Ken Ofori-Atta took the podium to present the 2024 Budget Statement and Economic Policy to...

Ghana’s economy projected to exceed GH¢1 trillion in 2024 – Ofori-Atta

Finance Minister, Ken Ofori-Atta has predicted that Ghana's economy will surpass GH¢1 trillion in 2024.Presenting the 2024 Budget in Parliament on Wednesday (15 November),...

2024 budget: Ken Ofori-Atta outlines tax relief measures

Finance Minister, Ken Ofori-Atta said the government's tax policy approach since 2017 was aimed to provide substantial relief to the private sector.However, due...