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Prof. Kwesi Botchwey proposes 4 solutions for Ghana’s economy

A former Minister of Finance, Prof. Kwesi Botchwey, has proposed a number of solutions for Ghana's current economy.Delivering a public lecture on the theme,...

Crude oil price hits $130

The price of Brent crude surged more than 10% and is closing on an all-time high after the risk of a US and European...

LPG now a luxury product

Vice President of the Liquefied Petroleum Gas (LPG) Marketers Association, Gabriel Kumi, has stated that with the rate at which prices of LPG has...

Cost of imported vehicles to go up this month – Automobile dealers

The Automobile Dealers Union of Ghana has indicated that the cost of imported used vehicles are likely to increase from this month onwards as a result...

3Music video workshop trainees visit HD+ office

Ten participants of the SES HD Plus and 3Music Film Industry Development Project have toured the offices of HD+ at Roman Ridge in Accra.The...

MTN to invest ¢1.5bn in Infrastructure and Network Systems In 2022

MTN Ghana is on track to fulfill its planned spending of $1.5 billion on Network Infrastructure and Information Systems (NIIS) by 2025.This planned expenditure...

Reduction in benchmark value will affect cement Price – COCMAG

The Chamber of Cement Manufacturers, Ghana (COCMAG) has vehemently protested the reduction in benchmark value from 50% to 30% by Government saying it will...

Oil price hits 7-year high; now $113 per barrel

Crude oil prices climbed back to a seven-year high on Wednesday, March 2, exposing the economy to significant shocks of further price increases at...

Price of LPG goes up by 5%

JoyNews/AdomNews · Our business are suffering due to sharp decline in consumption of LPG - Gabriel KumiLiquefied Petroleum Gas (LPG) price will experience a...

Fuel price to hit GH¢9.00 per liter before end of March – COPEC

The Chamber of Petroleum Consumers Ghana, (COPEC), has predicted fuel will hit GH¢9.00 per litre by the close of March this year.The hike, it...

Govt to augment Metro Mass Transit with 600 buses

The government is to augment the Metro Mass Transit Limited (MMTL) fleet with 600 buses.The Minister of Transport, Mr Kwaku Ofori Asiamah, said the...

Inject more dollars into economy – BoG urged

The Bank of Ghana (BoG) has been urged in the short term to inject more dollars into the economy to address the depreciating cedi.According...

Ghana Cedi not depreciating; it’s US dollar appreciating rather – Banker

A chartered banker has discounted reports that the Ghana cedi is now the worst-performing currency in Africa.Eric Nii Boi Quartey said it is rather...

E-Levy is in Ghana’s interest – Akufo-Addo

President Akufo-Addo says it is in the public interest that the proposed Electronic Transaction Levy (E-Levy) be enacted into law to improve the country’s...

Prices of petroleum products to go up by 6%

Prices of petroleum products may go up by about 6%, beginning March 1st, 2022, if government fails to intervene in the rising price of...

Cedi now worst African currency

The Ghana cedi is now the worst-performing currency on the African continent, just two months into 2022.This is because it has depreciated by about...

6th edition of ‘MTN Heroes of Change’ to reward COVID-19 change agents

Telecommunications giant, MTN Ghana, has launched the 6th edition of its annual ‘MTN Heroes of Change’.This year's event is also the 25th anniversary edition...

Russia’s richest 22 billionaires have lost $39 billion in one day after the invasion of Ukraine

Russia's 22 richest individuals saw their net worths plunge by a collective $39 billion in less than 24 hours after their country invaded Ukraine, according...

Oil rises above $100 a barrel for the first time since 2014

Brent crude oil topped $103 a barrel, European stocks fell sharply and shares in Moscow dropped 45 per cent after Russia’s President Vladimir Putin...

Komenda Sugar Factory acquires 20,000 acres for plantation

Negotiations are almost complete to enable the Board of Directors of the Komenda Sugar Factory to acquire 20,000 acres of land suitable for growing...

GTP workers demonstrate, want new MD removed

Workers of GTP are demonstrating for the removal of their new Managing Director (MD), Fatoumata Doro.Clad in red, the agitated workers hoisted placards and...

Komenda Sugar Factory to begin production in April

The Komenda Sugar Factory is set to bounce back in April this year.President Akufo-Addo gave the assurance when the chiefs and elders of Komenda...

55% of MASLOC loans unpaid – CEO

The Microfinance and Small Loans Centre (MASLOC), has been able to recover only 45% percent of loans disbursed nationwide.This was disclosed by the Chief...

Cost of repairing mobile phones, accessories goes up

The cost of mobile phone repairs and prices of accessories have shot up in Kumasi.Dealers in phone accessories say high import charges and the...

Coffin makers ordered to obtain permit

The Environment Protection Agency (EPA) has directed casket makers along the Mortuary Road, near the Korle Bu Teaching Hospital in Accra, to obtain permits...

Govt holds 4th town hall meeting on E-levy in Wa

Government, through the Information Ministry, will today hold another town hall meeting to discuss the controversial Electronic Transaction Levy (E-levy).The 4th meeting will take place...

All set for the Ghana Cares Chocolatarium Business Summit

The much-awaited summit on the business of Chocolate dubbed 'The Chocolatarium Business Summit’ comes off on Monday 21st February 2022 at the Kempinski Gold...

GPRTU to increase fares effective February 26

The Ghana Private Road Transport Union (GPRTU) has announced that commuters should expect an increment in transport fares from Saturday, February 26.Speaking in an...

Cedi crosses ¢7 to one dollar mark less than two months into 2022

The local currency has crossed the ¢7 to one dollar mark on the retail market with less than two months into 2022.Joy Business checks...

Fisherfolk, boat operators cry over irregular supply of premix fuel

Fisherfolk and boat operators in the Oti Region have made a passionate appeal to the government to help ensure the regular supply of commodities...

GTA to hold first edition of the Chocolatarium Business Summit

The Ghana Tourism Authority (GTA) is hosting the first-ever Chocolate Business Summit dubbed ‘The Chocolatarium’.The Summit will discuss the business of chocolate and its...

GRA to pilot e-commerce, gaming and bet taxes in April

The Ghana Revenue Authority (GRA) has announced that it is preparing to pilot an electronic-commerce, gaming and bet taxes in April 2022.The GRA Commissioner-General,...

MTN Ghana introduces additional measures to improve experience at SIM registration centres

MTN Ghana has introduced new measures to reduce congestion and enhance customer experience at all its SIM registration centres across the country.Key among the...

Accept E-levy or IMF will ask us to cancel Free SHS – MP

Member of Parliament (MP) for New Juaben South, Michael Okyere Baafi, says if Ghanaians don't accept and pay the Electronic Transaction levy (E-Levy) then...

SEC strengthens its efforts to end Ponzi scheme operations

Director-General of the Securities and Exchange Commission (SEC), Rev. Daniel Ogbarmey Tetteh, has noted that efforts to apprehend operators of pyramid or Ponzi schemes...

Jute factory, other defunct industries at Asokwa to be revamped

The Chief Executive of the Asokwa Municipal Assembly has revealed plans to revive some defunct factories in the municipality.The Jute Factory, among others, according...

Fuel prices to go up by 30 pessewas – COPEC reveals

The Chamber of Petroleum Consumers Ghana (COPEC) has hinted that fuel prices could go up by 30 pesewas soon.According to COPEC’s Executive Secretary, Duncan...

Cement Manufacturers caution quality of cement on the Market

The Chamber of Cement Manufacturers, Ghana (COCMAG) is appealing to government to promote the production of quality cement by instituting a legal regulatory framework...

There is absolutely nothing good about E-Levy – Lydia Forson

Actress Lydia Forson has opposed the implementation of the new Electronic Transaction Levy. She indicated that there is nothing good about the levy.In a...

Dangote adds $950m to his personal worth as shares of his cement company rises

Aliko Dangote got off to a great start in 2022, adding about $950 million to his fortune since the year began.The Nigerian billionaire’s wealth...