VRA staff partially suspend protests following Minister’s request to pause merger bill
The leadership of the Volta River Authority (VRA) Staff Groups has announced a partial suspension of select protest actions following recent interventions by the...
Pension funds grew by 33% in 2023 to GH¢61.8bn; Industry remains healthy – report
The Pensions Industry’s Assets Under Management (AUM) grew by 33.0% in 2023.Similarly, the Three-Tier Pension Scheme’s AUM at the end of December 2023 stood...
Ghana’s unique 5G approach: A shared network model to drive nationwide connectivity
As Ghana prepares to introduce 5G services on November 1, 2024, the nation’s approach to infrastructure is sparking interest and setting it apart on...
GoRide: Local ride hailing app comes aboard
A new ride-hailing platform developed locally with a traditional touch to help commuters find commercial taxis has been launched in Accra.The app, GoRide, gives...
Ghana’s IMF reliance stems from lack of fiscal discipline – Dr. Spio-Garbrah
Former Minister and Chairman of the National Democratic Congress (NDC) Business Development Committee, Dr. Ekow Spio-Garbrah, has attributed Ghana's repeated reliance on International Monetary...
ISSER recommends phased approach to scrapping E-levy and COVID-19 levy to avoid disruption of IMF program
The Institute of Statistical, Social, and Economic Research (ISSER) has advised against the immediate removal of Ghana’s E-levy and COVID-19 levy, stressing that a...
ISSER projects Ghana’s 2024 growth rate to hit 4.5 percent
The Institute of Statistical Social and Economic Research (ISSER) has projected Ghana’s economic growth rate to reach 4.5 percent by the end of 2024,...
Sunon Asogli: IPPs yet to reach an agreement with govt
An independent power producer, Sunon Asogli Power (Ghana) Limited, has denied government accusations of bad faith.This follows comments from Finance Minister Dr. Mohammed Amin...
Bond market: Trade volumes rise to GH¢663m
Activities in the secondary bond market increased from GH¢500 million last week to approximately GH¢663 million.Most transactions were concentrated on the August 2027 and...
Cedi to remain under pressure for most part of this week; one dollar going for GH¢16.55
The Ghana cedi is expected to remain under pressure for the most part of this week as the strong demand for foreign exchange continues...
Apple Intelligence: Apple finally rolls out new AI features for iPhone users, excluding older models
After a long wait, Apple has finally released its artificial intelligence (AI) tools for iPhone - to a select few.
Apple Intelligence, a suite of...
Letshego Ghana Savings and Loans achieves ISO 27001 certification
Letshego Ghana Savings and Loans PLC, a subsidiary of Letshego Africa (Letshego Group), is proud to announce its successful attainment of the prestigious ISO...
Japan’s ruling party loses its majority in blow to new PM
The coalition led by Japan’s ruling Liberal Democratic Party (LDP) has lost its majority in parliament, its worst result in over a decade.
The LDP...
Sunon Asogli acted in bad faith by shutting down – Amin Adam
Minister of Finance, Dr. Mohammed Amin Adam, says Sunon Asogli Power Limited acted in bad faith by shutting down its operations.Addressing the press at...
Ghana secures $260M World Bank agreement to address energy sector inefficiencies
Ghana has signed a US$260 million deal with the World Bank to help solve the US$1.2 billion energy sector losses and other inefficiencies in...
Ghana signs $260m Energy Sector Recovery facility with World Bank
Ghana has signed a $260 million Energy Sector Recovery Programme facility with the World Bank to boost the sector’s recovery and financial stability.The agreement,...
BoG amplifies Africa’s fiscal policy support from IMF, World Bank
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has called for increased support for reforms by the International Monetary Fund (IMF) and...
Ghana to record end-year inflation of 15.0% in 2024 – IMF
Ghana is expected to record an average inflation of 19.5% in 2024, the International Monetary Fund (IMF) has revealed.In its World Economic Outlook, it...
2024 elections will not cause panic withdrawals – GAB allays fears
The Ghana Association of Banks (GAB) says the upcoming elections will not have any impact on deposits in the financial sector.The GAB has ruled...
Cola nut price surge threatens business in Tamale
Cola nut business is facing a critical challenge as dwindling supplies and skyrocketing prices are threatening both traders and consumers in Tamale, the Northern...
GRA intensifies tax mobilization mechanism to achieve revenue targets
The newly-appointed Commissioner of the Customs Division at the Ghana Revenue Authority (GRA), Brigadier General Zimbrim Bawah Ayarroga, has issued a stern warning that...
IMF revises Ghana’s growth target to 4 percent for 2024
The International Monetary Fund (IMF) has revised Ghana’s growth rate for 2024 to 4 percent from 3 percent.The Director of the African Department, Abebe...
Bank staff lifestyle audits vital to fraud prevention – John Awuah
The CEO of the Ghana Association of Bankers, John Awuah, has opened up about the importance of lifestyle audits as a key preventive measure...
IMF warns world to avoid global trade war
The world economy could contract by the size of the combined French and German economies, if there is a broad-based trade war between the...
DDEP saved Ghana about $12bn – Amin Adam
The Finance Minister, Dr. Mohammed Amin Adam, revealed that the successful execution of the Domestic Debt Exchange Programme (DDEP) has saved Ghana an impressive...
Women must be encouraged to use bank accounts, not just open them – 2nd Dep. Governor of BoG
The Second Deputy Governor of the Bank of Ghana (BoG) Elsie Addo Awadzi has underscored the need to intensify Gender Inclusive Finance to encourage...
350K jobs created from coconut industry since 2017
The government has created more than 350,000 jobs through the coconut value chain in the last seven and half years.The employment was generated through...
Decline in oil production threatens survival of oil companies in Ghana – PIAC warns
The Public Interest and Accountability Committee (PIAC) has highlighted that the most immediate consequence of declining oil production is a reduction in revenue from...
Ahead of new academic year: Traders switch to educational materials
Most traders in the central business district (CBD) of Accra have switched over to the sale of educational materials about a week to the...
Ghana lost over GH₵4.9bn to financial irregularities in 2023 – IMANI Africa
Ghana recorded financial losses exceeding GH₵ 4.9 billion in 2023 due to irregularities within public institutions, according to a report released by policy think...
MIIF chair urges immediate overhaul of boardroom compensation
At the recent Boardroom Summit, where over 1,000 of the nation’s top CEOs, policymakers, and executives gathered, Professor Douglas Boateng, Chair of the Minerals...
Springfield starts Afina Well appraisal
Springfield Exploration and Production Limited has started appraising Afina-1x Well at the West Cape Three Points (WCTP) Block 2 offshore, barely three months after...
Next of Kin of a deceased bank account holder is not automatic beneficiary – BoG
Did you know that if you are made the next of kin of a bank account by a friend or relative, you do not...
Cedi resumes depresciation as demand for dollar surges; one dollar equals GH¢16.40
The Ghana cedi lost a marginal value to the US dollar increasing its year-to-date loss to about 26%.This was due to the heightening of corporate demand...
Financial experts advise SMEs, startups to seek sustainable and flexible financing solutions
Small and medium-sized enterprises, especially those in the fields of Science, Technology, Innovation and Research (STIR), have been advised to turn to cheaper and...
Budget shortfalls to be substantial in Ghana, Nigeria – Fitch Solution
Budget shortfalls will be substantial in Ghana, Uganda and Nigeria, Fitch Solutions has revealed in an article.Dubbed “Return To International Capital Markets Belies Persistence...
EOCO honours former and current heads for distinguishing themselves
The Economic and Organised Crime Office (EOCO), has honoured some former and current heads of the organization for distinguishing themselves in line of duty.At...
We will revamp the private sector to create more jobs under our apprenticeship program – NDC PC for Nhyieaso
The next NDC government will make sure the national apprenticeship program will support the youth who are interested in skilled training and equip them...
Weta rice farmers Association launches to revolutionize rice farming in Ketu North
The Weta Rice Farmers Association of Ghana in the Ketu North District of the Volta Region, has officially launched with a bold mission to...
NLA commissions refurbished ultra-modern Brennan Hall
For decades, the National Lottery Authority (NLA) has entertained, thrilled, and enriched fans, patrons, and viewers with its exciting Games and Draws.
From its first...