Chinese mining company to acquire Ghana’s Akyem gold mine from Newmont in $1 billion deal
China's Zijin Mining Group is poised to acquire the Akyem gold mine project in Ghana from US-based Newmont Corporation in a $1 billion deal.The...
‘Eyes In Dubai’ strengthens African presence with new Johannesburg branch
Eyes In Dubai, a leading travel agency renowned for connecting travellers to the luxurious and adventurous side of Dubai, has taken a significant step...
T-bills auction: Government records marginal oversubscription; but interest rates rise
The government recorded a marginal oversubscription of treasury bill sales after three weeks of failing to meet its target.This is coming after the International...
NCA launches ECOWAS “Free Roaming Initiative” in Ghana, Benin, Togo
The National Communications Authority (NCA) has started implementing the ECOWAS “Free Roaming Initiative” to reduce the cost of telecommunication services for citizens travelling outside...
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...
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...
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...
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...
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...
Bank of Ghana launches Gold Coin to provide investment opportunities for Ghanaians
The Bank of Ghana (BoG) has launched the Ghana Gold Coin (GGC) to create alternate investment for Ghanaians.The GGC is a coin manufactured from...
Over 29,000 gambling ads in Premier League weekend – Research
The number of betting adverts during the opening weekend of the Premier League season almost trebled compared to last year, new research says.Researchers analysed...
IMF approves $7bn loan to cash-strapped Pakistan
The International Monetary Fund (IMF) has approved a $7bn (£5.25bn) loan to cash-strapped Pakistan.
The country is due to receive the first $1bn of the...
No Jobs were lost during banking sector clean-up – Dr. Mark Assibey-Yeboah [Video]
Chairman of the NPP Manifesto Sub-Committee on the Economy, Dr. Mark Assibey-Yeboah, says no jobs were lost during the government's 2017 banking sector clean-up.Speaking...
Finance Ministry replies Trafigura over $134m judgement debt
The Ministry of Finance has assured it is on course to pay the $134 million judgment debt owed to Oil conglomerate Trafigura.In a statement,...
Excessive port charges hurting businesses in Ghana – GIFF chairman [Video]
Romeo Frimpong, Chairman of the Monitoring Committee of the Ghana Institute of Freight Forwarders (GIFF) in the Tema District, has expressed concern over the...
Michael Blackson urges Ghanaians to elect God-fearing leader after losing $1M Eurobond investment
American comedian and actor of Ghanaian descent, Michael Blackson, has expressed his frustration with the Ghanaian government over what he describes as the mishandling...
Ghana and Austria renew commitment to boost trade, investment relations
Ghana and Austria have renewed their commitment to deepen economic collaboration and bolster trade and investment ties at all levels.The two countries, led by...
Govt to release GHS1.5 billion securities bailout in three tranches
The government plans to release GHS1.5 billion in three tranches to affected securities investors as part of the 2019 licence revocation.According to the Securities...
Apple has officially discontinued these three iPhones
Apple has introduced four new iPhones at its “It’s Glowtime” event: the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro...
Proposed energy sector merger could threaten electricity affordability – IES warns
The Institute for Energy Security (IES) has raised concerns about a draft bill proposing the merger of key energy institutions, including the Volta River...
Banks shareholders’ funds grew sharply by 44.9% to GH¢32.3bn -BoG
Banks’ shareholders’ funds position comprising paid-up capital and reserves continued to improve on account of a rebound in profits across the industry.Total shareholders’ funds...
Banks investments expand by 19.2% to GH¢107.2bn in half-year 2024 – BoG
Bank investments surged by 19.2% to reach GH¢107.2 billion in June 2024, compared to an 11.0% growth in June 2023, according to the July...
Fact Check: Misleading! World Bank did not commend Akufo-Addo for ‘stronger and better’ banking sector
Claim: The World Bank has commended Ghana’s President Nana Akufo-Addo for strengthening the country’s banking sector, a viral WhatsApp message alleges.Verdict: Misleading. DUBAWA’s Investigations showed that the Bretton...
T-bills auction: Government misses target again; interest rates shoot up
For two consecutive months, the government missed its target for treasury bills as liquidity remained tight on the money market.According to auction results from...
GIPC seeking government funding after revenue sources dry up – Bright Simons alleges
Vice President of IMANI Africa, Bright Simons, has expressed concern over the Ghana Investment Promotion Center's (GIPC) recent decision to seek taxpayer funding after...
Ghana committed to adding nuclear power to energy mix – Minister
A Deputy Minister of Energy has affirmed Ghana’s commitment to adding nuclear power to the country’s energy mix.Speaking at the second edition of the...
Sale of hotels: Claim SSNIT is making losses untrue – Abraham Koomson
The General Secretary of the Ghana Federation of Labour (GFL), Abraham Koomson, has expressed concerns about the decision by the Social Security and National...
Bond market: Total volume exchanged decreased by 39.74 to GH¢1.3bn
Trading activities in the secondary market moderated, with total volume traded declining by 39.24% to GH¢1.3 billion.This was down from GH¢2.1 billion recorded in...
COCOBOD’s self-financing for crop season spin story: Is Joseph Boahen Aidoo the worst CEO ever?
Have you ever wondered why COCOBOD remains dependent on loans to purchase cocoa beans year after year?
The truth is, COCOBOD’s challenges run deep, and...
T-bills auction: Gov’t misses target again, but interest rates ease
For the seventh consecutive week, the government missed its auction target for treasury bills.According to the auction results by the Bank of Ghana, the...
The state owes us GH₵7.1bn – Nduom insists
Global President of Groupe Nduom, Dr. Papa Kwesi Nduom has reiterated that the state owes him over GHC7.1 billion, including interest.During a press briefing...
SSNIT pays GHȼ447m to over 250K pensioners for August 2024
The Social Security and National Insurance Trust (SSNIT) has disbursed a total of GHȼ447 hardware, comprising GHȼ447.07 million to 250,580 pensioners for August 2024.The...
Access Bank Ghana plc celebrates 15 years of ‘more than banking’
Access Bank (Ghana) Plc is marking 15 years of pioneering banking in Ghana, celebrating a journey of growth, innovation, and excellence.Over the next 12...
Scrap e-levy now to gain voters’ trust – Bokpin tells Bawumia
Economist and professor of finance, Godfred A. Bokpin, has welcomed Dr Mahamudu Bawumia's proposal to scrap the electronic transaction level (E-levy) if elected as...
GH¢61bn of public funds locked up in investment institutions – Report
The Auditor General's report has uncovered that a staggering GH¢61 billion in state funds is tied up with various companies and institutions nationwide.Of this...
Ghana doesn’t need Mineral Development Bank – Bawumia told [Listen]
Banking consultant, Dr Richmond Atuahene has said Ghana does not need a Minerals Development Bank to increase gold reserves.According to him, Ghana does not...
Mahama’s promise to scrap bet tax will encourage more youth to gamble – NPP’s Nana Bediako
Nana Bediako, a member of the NPP’s Communications Team, has raised concerns about former President John Dramani Mahama’s promise to abolish the betting tax.Speaking...
Enterprise Group records strong performance; declares 0.95 per share as final dividend
Insurance giant, Enterprise Group ended 2023 with an impressive final performance in spite of the economic challenges in the country.As a result of the...
International Youth Day: Agri-Impact Limited CEO calls for increased investment in the youth
The Chief Executive Officer of the multinational agribusiness firm, Agri-Impact Limited, Daniel Fahene Acquaye, has called for increased investment in the youth of Ghana...