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...
2024 budget: Economic recovery is real, here to stay – Finance Minister
The Finance Minister Ken Ofori-Atta has touted the effort of government in restoring Ghana's economy on the path of growth that will create more jobs.According to...
Government targets 2.8% GDP growth in 2024
The government is now targeting an overall real Gross Domestic Product (GDP) growth of 2.8% in 2023.This is higher than the earlier 1.8% and...
Labadi Beach Hotel makes history; pays ¢25m dividend declared to SSNIT
Ghana’s premier 5-Star Hotel, Labadi Beach Hotel has presented yet again, another unprecedented dividend of Twenty-five Million cedis (¢25,000,000.00) for the year 2022 to...
Budget 2024: Ken Ofori-Atta makes a stylish entrance with a green bag
The Minister of Finance, Ken Ofori-Atta, made a stylish entrance into Parliament for the presentation of Ghana's Budget and Financial Statement for the 2024...
BoG still concerned about number of bank staff involved in financial sector fraud
The Bank of Ghana is still concerned about the number of bank staff involved in financial sector fraud.Speaking on behalf of the Governor at...
Longrich Ghana extends support worth over GH₵ 100,000 to Volta flood victims
Longrich International Ghana, in a compassionate response to the challenging situation faced by flood victims in the Volta region, has generously donated numerous relief...
E-Levy deviates by 58% from target – Prof Peter Quartey
The Director of the Institute of Statistical, Social, and Economic Research (ISSER), says there is a significant 58% deviation from the E-levy revenue targets...
West Blue Ghana sues AG, GRA
West Blue Ghana, a limited liability company, has sued the Attorney-General (AG) and the Ghana Revenue Authority (GRA) at the Commercial Division of the...
British Airways engages government over high operational cost at KIA
British Airways has indicated that it has stepped up engagements with the Government of Ghana over concerns of high cost of operating out of...
Government will continue to invest in energy – Egyapa Mercer
The Deputy Energy Minister, Andrew Egyapa Mercer, has assured the general public that the government will continue making the requisite investment in the energy...
2024 Budget: Govt to raise GH₵11bn in new taxes – Jinapor
The Member of Parliament for Yapei-Kusawgu, John Jinapor, says the Finance Minister, Ken Ofori-Atta, intends to raise an additional GH₵11 billion through the imposition...
October 2023 inflation drops to 35.2%
The year-on year Inflation for the month of October 2023 has dropped to 35.2 percent from the 38.1 percent September 2023.Data from the Ghana...
Deputy Chief of NLA participates in Global Gaming Conference
The Deputy Director General of the National Lottery Authority (NLA), Ms. Anna Horma Miezah has attended the Second International Gaming Conference 2023 in Nigeria.Ms....
2024 budget must lessen tax burden – GNCCI
The Chief Executive Officer of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu-Aboagye has suggested the 2024 budget must lessen tax...
Pressure on cedi mounts; one dollar equals ¢12.13
The high demand for the US dollar continues to weigh on the Ghana cedi as the local currency lost some ground against the American...
Dr. Nick Danso Adjei clinches “Entrepreneur of the Year” for second consecutive year
In a momentous achievement, Dr. Nick Danso Adjei, the Executive Chairman of Ghana Link Network Services Ltd (Ghana Link), has been honoured with the...
No deadline has been set by IMF for second tranche disbursement – Finance Ministry
The Ministry of Finance has reacted to a publication that stated that Ghana has missed out on the International Monetary Fund's (IMF) timeline for...
Plans to raise $800m cocoa syndicated loan not aborted – COCOBOD
The Ghana Cocoa Board (COCOBOD) has debunked reports that it has terminated the cocoa syndication loans for the 2023/2024 crop season.In a press...
Govt signs 2 new 720MW Power Purchase Agreements
The government has signed two new Power Purchasing Agreements (PPAs) to add about 720 Mega Watts (MW) of power to the country’s generation capacity,...
Invest oil, gas revenue for wellbeing of citizenry – Economist to African leaders
A Petroleum Economist at the University of Cape Coast, Professor Wumi Iledare, has advised African leaders to prioritise the use of oil and gas...
High cost of borrowing to make it harder for govt’s to service debts – EIU
The Economist Intelligence Unit (EIU) is warning of a continuous high cost of borrowing, making it harder for governments including Ghana to issue and...
Ghana misses out on IMF’s Nov. 1 timeline for 2nd tranche as external debt restructuring talks drag
Ghana has missed out on the November 1 timeline set in the International Monetary Fund (IMF) programme to get a second tranche of the...
Jobberman to hold executive roundtable event to address low participation of young women in the tech sector
Jobberman Ghana is set to hold an executive round table event on the theme “Diversity & Inclusion: Empowering Young Women in Tech for Career...
Businessman blames skewed reward system for Ghana’s manufacturing woes
Renowned businessman, Dr Anthony Oteng-Gyasi has laid bare the root cause of Ghana's stagnant manufacturing sector.According to Dr Oteng-Gyasi, the skewed reward system...
Ghana places 5th in Africa with highest offshore oil rig demand
Ghana is ranked 5th in Africa with the highest offshore oil rig demand, according to the 2024 State of African Energy by the African...
Task force to protect local producers launched
The Association of Ghana Industries (AGI) has joined forces with the Ghana Standards Authority (GSA) to establish a market surveillance task force to safeguard...
Govt not deliberately giving entities unfair advantages – Trade Minister
https://youtu.be/Lcyr5f2t2VwThe Deputy Minister of Trade and Industry, Dr Stephen Amoah, has highlighted the challenges the government has faced in its quest to create a...
Law that bars persons charged with criminal offence from serving as Directors of companies unconstitutional- Supreme CourtÂ
The Supreme Court has declared as unconstitutional a provision in the new Company’s Act which bars a person charged with a criminal offence from...
Syndicated loan drag, Ghana borrows up to $200 million from cocoa traders to plug funding gap
Ghana's Cocobod is facing delays in securing its usual syndicated loans and has opted to borrow between $150 million to $200 million from cocoa...
Interest rates to remain high in most parts of 2024; China, Japan to keep money cheap – EIU
The Economist Intelligence Unit (EIU) is projecting high interest rates in most parts of 2024 across the globe with wider margins.In its Global Industry...
Government needs to get into survival mode – Ken Thompson
Chief Executive Officer of Dalex Finance, Ken Thompson, says it is about time government channels its expenditure into sectors that will improve the condition...
We are always ready to tame inflation – BoG
The Bank of Ghana (BoG) has indicated its readiness to respond appropriately to tame inflation should consumer prices go up in the coming months....
GUTA shuts down over 38 foreign retail shops
The Ghana Union of Traders Association (GUTA) in the Eastern region has executed an enforcement exercise to close more than 38 retail shops owned...
One million mobile money accounts were inactive after E-levy implementation in May 2022 – ISSER
About one million mobile money accounts were inactive after the implementation of the Electronic Transfer Levy in May 2022, a research by the Institute...
Embrace cylinder recirculation model – NPA boss to Ghanaians
The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has urged the public to embrace the cylinder recirculation model (CRM) policy...
KPMG predicts doubling of Ghana’s growth rate in 2024
Auditing and Accounting firm, KPMG, is predicting a doubling of Ghana’s Gross Domestic Product (GDP) growth in 2024.The forecast, it said, is based...
Fitch predicts increase in BoG’s foreign reserves to $7.7bn in 2025
Ratings agency, Fitch, is predicting an increase in the Bank of Ghana’s foreign reserves to $7.7 billion in 2025, from $4.4 billion in 2022.This...
Govt on course to beat projected economic growth target – Ofori-Atta
Finance Minister Ken Ofori-Atta says the government is on course to achieve economic resilience and beat its projected economic growth target of 1.5 percent.Speaking...
Finance Ministry reacts to Electronic Cargo Transit number claims
The Ministry of Finance has disputed claims about a new tax policy where shippers will be required to obtain an Electronic Cargo Transit number.A...