Securing debt repayment: Significance of mortgages as security for debt settlement in Ghana
A mortgage is a creation of an interest in (originally the conveyance of) real or personal property by a debtor/borrower (the mortgagor) to a creditor/lender...
Govt to sell Bolgatanga meat factory, 16 others
The Ministry of Public Enterprises has announced its intention to divest 17 non-operational state-owned enterprises.Among these entities are the State Construction Company, Bonsa Tyre...
ECG disconnects TOR again
The Electricity Company of Ghana (ECG) National Taskforce has once again disconnected the Tema Oil Refinery (TOR) from the national power grid for failure...
ECG disconnects customers owing over ¢700K
As part of the ongoing revenue mobilisation drive by the Electricity Company of Ghana, dubbed “Operation Zero,” the Musahamat Banana Farm at Aveyime and...
Ghana’s inflation rises to three-month high on soaring food prices
Ghana's inflation rate climbed to a three-month high in June, primarily driven by soaring food prices. After reaching a more than two-decade high of 54.1%...
FDA suspends operation of Spintex-based water-producing company
The Food and Drugs Authority (FDA) has suspended the operations of Samdoe Enterprise, a water-producing company located at Community 18, Spintex Road.The company,...
Sentuo Oil Refinery poised to produce adequate oil & gas products as it gears towards full production
The Minister of Trade and Industry, Kobina Tahir Hammond, has paid a working visit to the Sentuo Oil Refinery Limited (SORL), touting the project...
Ghana places 9th in Africa as most financially secretive country
Ghana placed 9th in Africa as the most financially secretive country, according to the Tax Justice Network’s Financial Secrecy Index.However, globally, it was ranked 70th with an FSI...
I’m confident Ghana will secure 2nd tranche of $600m from IMF – Ofori-Atta
The Minister of Finance, Ken Ofori Atta, is optimistic government will secure a Staff-Level Agreement with the International Monetary Fund for the disbursement of...
Govt destroying social trust – Economist
An economics lecturer at the University of Ghana, Dr Patrick Asuming, has stated that the government's failure to honour its obligations is destroying the...
BNI, GRA uncovers GH¢500m tax fraud
The Bureau of National Investigations (BNI) in collaboration with the Ghana Revenue Authority (GRA) spearheaded a historic operation that resulted in arresting executives of Wan Heng...
EIU reaffirms Ghana’s end-year inflation rate of 38.1% on average
Economist Intelligence Unit (EIU) is reaffirming its end-year inflation rate of 38.1% on average for Ghana in 2023.This means some prices of goods and...
Former BoG Deputy Governor passes on
A former Deputy Governor of the Bank of Ghana (BoG), Millison Narh, has died.He died after a short illness in the U.S.A.Mr Narh...
NAM1 grateful for customers’ faith, promises to pay Menzgold investors soon
Nana Appiah Mensah, the former CEO of Menzgold, has reached out to his distressed customers, urging them to exercise patience as he works towards...
Ghana’s Lottery Industry embraces digital transformation with MEGA6 Lotto
The current trend of digitization has spread across almost every sector of the global economy and the lottery industry is no exception.To offer convenience...
TiC named as brand ambassador for money remittance platform OA Pay
Ghanaian music legend, TiC, has been named the brand ambassador for OA Pay, an Africa-first money remittance platform based in the UK.OA Pay, a...
There’s big announcement for cocoa farmers soon – Agric Minister
The Minister for Food and Agriculture, Dr Bryan Acheampong, says the government will soon roll out an unprecedented policy that will seek to change...
MTN Group Board Chair, Bawumia emphasise need for strategic partnerships for progress and investments in Ghana
MTN Ghana has hosted the Board of Directors of the MTN Group and members of MTN Group’s Executive Committee in Accra for a two-day...
Ghana seeks $2.5bn in external financing through debt restructuring
The Chief Executive Officer (CEO) of the Ghana Investment Promotion Center (GIPC), Yofi Grant, has revealed that Ghana is set to undergo external debt...
Cryptocurrency ban still in force – Finance Ministry
The government has restated its prohibition on the use of cryptocurrencies in all financial transactions, emphasizing that all financial institutions in the country have...
Let’s leverage on AfDB funding to secure future partners – MASLOC CEO
Chief Executive Officer of MASLOC, Hajia Abibata Shanni Mahama Zakariah, has urged employees, stakeholders, and other aligned bodies to put in their best to...
DDEP: 16 banks to record more losses in 2023 – Research
About 16 banks will record more losses this year as a result of the Domestic Debt Exchange Programme (DDEP).According to research conducted by Dr....
MTN Ghana launches 2023 SME Month
Telecommunication giant, MTN Ghana, has launched the 2023 edition of SME Month with the aim to assist small businesses take advantage of the opportunities...
Cedi to continue stability against dollar, others
The Ghana cedi is expected to continue its stability against the US dollar and other major currencies this week.This is expected to be supported...
Wendy Shay concerned about excessive import duties; urges Akufo-Addo to take action
Rufftown singer Wendy Shay has passionately reached out to President Nana Akufo-Addo, expressing her worry over the steep import duties imposed on vehicles and...
There is no evidence rating agencies have been reckless in downgrading Ghana’s economy – Research
There is no evidence from both quantitative and qualitative data review that rating agencies, S&P, Moody’s and Fitch, have been reckless in downgrading the...
MASLOC receives technological boost through AfDB funding
Worldwide, there is evidence of the impact of technology and how it has contributed to a significant shift in corporate operations.Consumers have gained freedom...
GRA impounds 3 trucks with goods without tax stamp at Alajo
Ghana Revenue Authority (GRA) has seized three trucks loaded with soft drinks without tax stamps at Alajo in Accra.The authority said actions by the...
Ken Ofori-Atta to present Mid-Year Budget on July 27
The 2023 Mid-Year Budget Review will be presented on Thursday, Thursday, July 27. This will be done by the Finance Minister, Ken Ofori-Atta. The presentation is...
Latex Foam donates 50 medical mattresses to Ho Teaching Hospital
Latex Foam Company Limited, in a commendable act of corporate social responsibility, has donated 50 medical mattresses valued at GH¢ 62,250 to the Ho...
GRA seizes tons of carbonated, alcoholic beverages for evading tax
The Ghana Revenue Authority’s (GRA) Excise Unit has seized numerous cartons of malt, vodka, Coca-Cola, and various carbonated beverages.The market value of these...
Group calls for scrapping of Covid- 19 tax and others ahead of Mid-Year budget review
President for the Ghana National Chamber of Commerce and Industry, Clement Osei Amoako, has appealed to government to scrap the Covid-19 tax, Excise duty,...
FDA suspends production of Anointed Family Water
The Food and Drugs Authority (FDA) has announced the suspension of production and distribution of Anointed Family Water, a sachet water with registration number...
We maintain Ghana’s real growth rate forecast of 1.9% – 2.9%; manufacturing to contract – IC Research
IC Research, the research arm of investment bank, IC Securities has maintained its forecast of Ghana’s Gross Domestic Product (GDP) growth for 2023 in...
Enterprise Group holds AGM; declares 0.0744 pesewas per share as final dividend
The Enterprise Group ended 2022 with an impressive final performance in spite of the economic challenges in the country.The Group recorded GH¢222.67 compared to...
AT Ghana explains salary review headline in media publication
The Chief HR Officer of AT Ghana, formerly Airtel Tigo, Eric Adadevoh, has explained that contrary to the headline given to his presentation at...
BoG suspends forex licences of Fidelity Bank, First National Bank
The Bank of Ghana (BoG) has suspended the forex licences of Fidelity Bank and First National Bank Limited.The suspension takes effect from Thursday, June...
Striking tanker drivers give condition under which they will suspend action
The National Petroleum Tanker Drivers Union says they expect government to show commitment to fixing deplorable roads leading to its depots in Takoradi, Tema,...
MTN suspends new Mobile Money withdrawal fees
Telecommunication giant, MTN Ghana has announced a suspension of the decision to increase Mobile Money withdrawal fees.The increment which was to take effect from...
Ghana faces imminent power crisis as IPPs threaten shutdown over $1.73bn debt
Ghana is on the verge of a severe power crisis in the coming days if immediate measures are not taken to address an outstanding...