UTAG declares indefinite strike, demands nationwide ban on mining in forest reserves
The University Teachers Association of Ghana (UTAG) has declared an indefinite strike, effective October 10, 2024, following an overwhelming vote in favour of industrial...
T-bills auction: Government borrowed GH¢23.6bn in September 2024
The government borrowed GH¢23.6 billion across the 91-day to 364-day treasury bills in September 2024.This represented a 24.7% increase over that of August 2024.Although...
Newmont to sell Akyem operation to Zijin Mining for $1bn
Newmont Corporation has announced plans to sell its Akyem operations to Zijin Mining Group Co., Ltd. under a definitive agreement for cash consideration of...
Mastercard Foundation and Agri-Impact Limited tour Happy project sites
A joint team from the Mastercard Foundation and Agri-Impact Limited visited implementation sites of the Harnessing Agricultural Productivity and Prosperity for Youth (HAPPY) Programme...
Insurance Brokers’ services are free to clients; use them – IBAG advises public
The Insurance Brokers Association of Ghana (IBAG) has warned of a growing trend where non-professional institutions, particularly financial institutions, are selling insurance products, often...
Organized Labour accused of meddling in politics over galamsey demands
A senior lecturer at Kumasi Technical University (KsTU) has accused Organized Labour of deviating from its core mandate and meddling in politics with its...
Oil prices rise amid Gulf tensions
Crude oil prices have started an upward ride, following heightened tensions in the Middle East and the Gulf states.The prices, which eased from the...
Cocoa Carriers Association halts indefinite strike
The leadership of the Cocoa Carriers Association has decided to suspend its indefinite sit-down strike, which started on Monday, October 7.This comes after a...
Cedi recovers slightly against dollar, others; One dollar going for GH¢16.22
The Ghana cedi recovered slightly against the US dollar and the other major foreign currencies last week.This follows announcement that Ghana had secured a...
Bond market: Trade volumes drop 15.56% to GH¢609m for 2nd consecutive week
Trade volumes in the secondary bond market declined for the second consecutive week to GH¢609 million, down from GH¢722 million.Activity remained concentrated at the...
MTN Launches Yello Biz To Boost The Operations Of SME At Ghana Industrial Summit
MTN Ghana has launched an all-new package of Technology solutions to boost the operations of SMEs in Ghana.Dubbed Y’ello Biz, SME operators will benefit...
BOST named among Africa’s top 50 innovative public sector agencies
At the prestigious 5th edition of the Africa Public Sector Conference and Awards (APSCA) 2024, held in Gaborone, Botswana, Ghana’s Bulk Energy Storage and...
Ghana Chamber of Telecommunications unveils campaign to curb fibre damage
The Ghana Chamber of Telecommunications has warned that the growing fibre optic cable cuts threaten the national fibre stability.The Chamber urged the government and...
T-bills auction: Government misses target again; interest rates fall
The government missed its treasury bills target again as liquidity remained tight on the money market.According to the auction results from the Bank of...
High tax rates hindering growth in Ghana’s petroleum industry – Deloitte Report
Tax-related challenges continue to pose significant threats to Ghana’s petroleum industry, according to Deloitte’s October 2024 Oil and Gas Industry Survey.The report reveals that...
Cocoa Carriers Association to begin indefinite sit-down strike today
The leadership of the Cocoa Carriers Association has instructed its members at the Tema, Takoradi, and Kumasi depots of the Cocoa Marketing Company Limited...
Taylor Swift becomes richest female musician with net worth of $1.6 billion
Taylor Swift has surpassed Rihanna to become the world’s richest female musician, with a net worth estimated to be a whopping $1.6 billion.Swift’s ascent was confirmed on...
5 Nobel-worthy discoveries that haven’t won the prize
The best minds in science will be thrust from academic obscurity into the spotlight next week when the Nobel Prizes in physics, chemistry, and...
NK-Salem Creative Hub: A dynamic space for creative professionals
NK-Salem Creative Hub has established itself as a forward-thinking powerhouse in the creative and tech industries, offering a range of services designed to foster...
Implementation gaps hinder business climate in 50 economies – World Bank
Economies do better at enacting regulations to improve the national business climate than they do in providing the public services needed to secure actual...
Ghana’s progress on debt restructuring remarkable – IMF
Ghana has made remarkable progress on its public debt restructuring, the International Monetary Fund(IMF) has stated in its Third Review of Ghana’s Economic Facility...
NEIP disburses GH¢3m grant to 5th season Presidential Pitch winners
The National Entrepreneurship and Innovation Programme (NEIP) has awarded a GH¢3 million grant to winners of the 5th season of the Presidential Pitch.This initiative,...
Winners of the 5th edition of the Presidential Pitch applaud Akufo-Addo
The winners of the 5th edition of the Presidential Pitch have expressed their gratitude to the President for the initiative, which aims to empower...
IMF reaches Staff-Level Agreement on third review with Ghana
An International Monetary Fund (IMF) team, led by Mission Chief for Ghana, Stéphane Roudet, has reached a Staff-Level Agreement on the Third Review of...
Significant number of Eurobond holders opt for disco option in debt restructuring deal
A significant number of bondholders who participated in the Eurobond Debt Exchange Programme opted for the disco menu of new notes.This means that the...
We are back to capital market after restructuring $13bn Eurobond debt – Finance Minister
The Minister of Finance, Dr. Mohammed Amin Adam has indicated that Ghana is back on the international capital market, following the successful conclusion of...
Eurobond Debt Exchange Programme: Gov’t secures more than 90% participation
The government has secured significant participation from investors in the Eurobond Debt Exchange Programme.This is what Joy Business has picked up from persons familiar...
OpenAI value surges to $157bn in funding deal
OpenAI, the maker of ChatGPT, has raised $6.6bn in its latest funding round, as investors including its early backer Microsoft continue to bet big...
The People’s Forum: Traders in Nsawam market lament low patronage amid high prices
Traders and buyers at the Nsawam cassava and plantain market in the Nsawam-Adoagyire Municipality of the Eastern Region have expressed concerns over low sales...
Address shifts in food supply, agric labour as a result of climate change effects – GSS to Gov’t
The Government Statistician, Professor Samuel Kobina Annim has asked government to address shifts in food supply and agricultural labour due to climate change effects.He...
BoG to auction $120m to BDCs in quarter 4, 2024
The Bank of Ghana will auction $120 million to Bulk Oil Distribution Companies (BDCs) in the fourth quarter of 2024.This is the same amount...
Increases in food prices will continue – GAWU warns
The General Agriculture Workers Union (GAWU), is predicting food prices will continue to surge in the coming months despite government’s policy intervention.This follows the...
Proper recycling of electronic materials is central to combating climate change – CEO of Electro Ghana Limited
The Chief Executive Officer of Electro Ghana Limited, Nana Yaw Konadu, has revealed that proper recycling of electronic materials is central to combating the...
Inflation rises marginally to 21.5% for September
The inflation rate for September 2024 increased to 21.5 percent from 20.4 percent in August.This rise is due to an increase in food inflation,...
Dry spell: Gov’t set to distribute food grants to over 800k farmers
The government will from October 10, 2024, distribute food grants to over 800,000 farmers affected by the dry spell that hit the northern and...
Nacasky achieves record revenue and customer milestones
Nacasky Company Limited, a leading IT solution provider, has reached significant milestones since partnering with Intercity STC and other transport organisations.The company has generated...
Get licensed or shut down – Trade Minister directs cement producers
The Minister of Trade and Industry, K. T. Hammond, has directed cement manufacturers to secure licences or halt production immediately.The minister issued the directive...
Bond market: Traded volume declined 20.48% to GH¢722m
Activities in the secondary bond market declined by 20.48%, falling from GH¢908 million to GH¢722 million.The February 2027 maturities dominated trading, capturing 47.2% of...
 Government misses treasury bill target by GH₵2.6 Billion amid liquidity crunch
Liquidity in Ghana’s money market remains tight as the government missed its treasury bill target by GH₵2.6 billion in the most recent auction.According to...
NBA legend Mutombo dies from brain cancer aged 58
NBA Hall of Famer Dikembe Mutombo has died from brain cancer at the age of 58.The eight-time NBA All-Star, who retired in 2009, spent...