IMF team to engage Bawumia, Parliament today
The visiting team from the International Monetary Fund (IMF) is expected to engage Vice President Dr Mahamadu Bawumia today (July 12), as part of...
29% of employees earning salaries better off than those self-employed – World Bank
The World Bank has said that 29% of Ghanaians who are into wage employment are better off than 69% who are into self-employment.The Bretton...
Chamber of Bulk Oil Distributors appoints Patrick Kwaku Ofori as CEO Â
The Ghana Chamber of Bulk Oil Distributors has announced the appointment of Dr. Patrick Kwaku Ofori as its new Chief Executive Officer (CEO), effective...
Keep E-levy to assure IMF you can repay loans – govt urged
An Associate Professor at Andrews University in the USA, Williams Kwasi Peprah, wants the government to maintain the Electronic Transaction Levy (E-Levy) since it...
Mobile money ‘cash-in’ grows by 64.5% to ¢164.80bn in 2021 – BoG
Total cash-in values of mobile money increased by 64.5% to ¢164.80 billion in 2021, from ¢100.17 billion in 2020.The Bank of Ghana’s Payment Systems...
Sri Lanka calls on Putin for help
Sri Lanka's president says he has asked Russia's Vladimir Putin to help his cash-strapped nation import fuel, as it faces its worst economic crisis...
Gas strike to prevent gas imports called off
Strikes which threatened to cut off most of the UK's gas imports from Norway have been called off.The Norwegian labour ministry confirmed it had...
Zimbabwe to tackle inflation with mint gold coins
Zimbabwe says it will introduce gold coins later this month as it tries to curb soaring inflation amid a slump in its currency.The country's...
E-Levy, Wage Bill, others high on agenda as IMF bailout negotiations kick-start
The highly anticipated meeting between government negotiators and officials of the International Monetary Fund (IMF) has commenced.The Fund’s officials are led by Mission Chief...
Pound fallen to a two year low against dollar
The pound has fallen to a two-year low against the dollar reflecting traders' increasing concerns about recession around the world as energy prices continue...
IMF bailout – E-levy will not be scrapped – Govt
The Finance Ministry has disclosed that government will not terminate the 1.5% levy on electronic transactions, despite its application to the International Monetary Fund...
Golden Tulip lease: Good news for workers
The Ghana Libyan-Arab Holding Company (GLAHCO) says no employee of Lancaster Hotel, formerly Golden Tulip Hotel, will lose his/her job and livelihood, following the...
Kelloggs to put a hold on sugary cereals promotion
Kellogg's will not be allowed to promote sugary cereals in supermarket special offers, a court has ruled.In-store promotions on food and drink high in...
IMF bailout: Publish the type of programme you opt for – Seth Tekper to govt
Former Finance Minister, Seth Terkper, has asked government to make public the exact economic programme Ghana is opting for, from the International Monetary Fund (IMF).Speaking...
IMF bailout: Officials expected in Ghana on July 6
A team from the International Monetary Fund (IMF) is expected to arrive in Ghana on Wednesday, July 6 to begin negotiations with government on...
IMF engagement: E-levy was the bait – Think Tank
The government’s decision to introduce the Electronic Transaction Tax, popularly known as E-levy, was to pave the way for it to seek a bailout...
NLA launches first-ever Sunday draw ‘Aseda’
The National Lottery Authority (NLA) yesterday, launched the seventh game of its popular 5/90 game.This is the first time in the 60 years of...
Food is expensive but there can never be food shortage – Agric Minister
Minister for Agriculture, Dr Owusu Afriyie Akoto, has admitted foodstuffs are currently expensive but is ruling out any imminent shortage of food in the...
IMF confirms receipt of Ghana’s request for economic support
The International Monetary Fund (IMF) has confirmed to have received a request from the Ghanaian government for economic support.According to a tweet from its...
MTN employee volunteers commended for 21 days training of Y’ello Care programme
MTN employees have been commended for volunteering time and resources to train the youth.As part of the 2022 edition of 21 Days of Y’ello...
MTN Group launches ‘Voice’
MTN Group, on June 29, released the second instalment of its brand refresh with the ‘Voice’ brand film that highlights how a simple ingredient...
Golden Tulip Hotel now Lancaster Hotel
Golden Tulip Hotels in Accra and Kumasi will from today July 1st, 2022, be known as Lancaster Hotel.This follows the sale of the hotel...
TUC kicks against govt seeking IMF support
The Trades Union Congress (TUC) is kicking against suggestions that government should consider seeking a financial bailout from IMF to address the escalating economic...
Ken Ofori-Atta to face parliament again on July 13
The Minister for Finance, Ken Ofori-Atta, is programmed to present the mid-year budget review to Parliament on 13th July 2022.According to the Majority Leader,...
SIM Registration: Only 39% of MTN customers have completed registration
The Chief Executive Officer of MTN Ghana, Selorm Adadevoh, has said that the company is intensifying its efforts to get customers registered as the...
Eku Juice to be exported to US, UK markets after interest in product rise
Fruit juice manufacturing company, Ekumfi Fruits and Juices Factory, says it will, in a few months, begin exporting its product, Eku Juice, to markets...
GRA sets records straight on charging E-levy on merchant accounts
The Ghana Revenue Authority (GRA) has written to clarify misleading reports on social media which claim that starting July 1, merchant SIMs will be...
MTN Ghana adjudged Health Environment Safety and Security Company of the Year
MTN Ghana has been adjudged Health, Environment, Safety and Security Company of the Year at the 4th edition of the Health, Environment, Safety and...
LGBT goods restricted on Amazon
Online retail giant Amazon has restricted search results related to LGBT people and issues on its website in the United Arab Emirates (UAE).The firm...
Case International, Kanu Equipment donate to WACCI
Case International, an Agricultural equipment manufacturer, in collaboration with Kanu Equipment, has donated a tractor and a set of other agricultural implements to the...
Financial sector fraud: Staff of banks, SDIs constitute 53% of culprits – BoG
Staff of Banks and other Specialised Deposit-Taking Institutions involvement in fraud, constituted 53.46% of total fraud cases in 2021, a report by the Bank...
Trade Fair site undergoes redevelopment
Minister for Trade and Industry, Alan Kwadwo Kyerematen, says the Trade Fair site is undergoing a major redevelopment exercise.According to him, at the core...
Importers and Exporters Association joins Arise Ghana demo
The Importers and Exporters Association of Ghana (IEAG) joined the Arise Ghana demonstration.Executive Secretary of the IEAG, Samson Awingobit Asaki, said their reason for...
Prices of petrol, LPG to fall but diesel to go up
Prices of petroleum products are expected to witness some mixed reviews at the pump stations from this weekend (2nd July, 2022).This is based on...
Fraudsters set to target people aged under 35 on WhatsApp
People under 35 are becoming the "prime target" for scammers to trick them into transferring money through social media platforms including WhatsApp.A banking industry...
Number of fraud cases in banking industry reduces to 12%, but loss value surges – BoG
The number of attempted fraud cases in the banking industry reduced by 12.09% in 2021 to 2,347, a report by the Bank of Ghana...
Komenda Sugar Factory 98% complete – Alan Kyerematen
The Trade and Industry Minister, Alan Kwadwo Kyerematen has revealed that the Komenda Sugar Factory is 98 per cent complete.According to the Minister, major...
Heathrow to reduce airlines charges
Heathrow has been told to cut passenger charges for airlines each year until 2026 by the Civil Aviation Authority.The regulator said the reduction in...
UK, US, others to stop importing Russian gold
The UK, US, Canada and Japan will ban imports of Russian gold in an effort to hit Moscow's ability to fund the war in...
Sri Lanka suspends petrol sales as economy faces worst crisis in decades
Sri Lanka has suspended sales of fuel for non-essential vehicles as it faces its worst economic crisis in decades.For the next two weeks only...