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...
Gold Fields to buy Canadian miner Osisko in $1.57bn cash deal
Gold Fields Ltd has agreed to acquire Osisko Mining for C$2.16 billion ($1.57 billion), it said on Monday, barely two years after a rival offer scuppered...
Mahama pledges alternatives to controversial betting tax
Former President, John Mahama has pledged to explore alternatives to the contentious betting tax as part of his campaign strategy for the upcoming elections.Addressing...
Govt committed to strengthening FDA, other regulatory agencies – Joseph Cudjoe
The Minister for Public Enterprises, Joseph Cudjoe, is re-echoing the government's commitment to ensuring that regulatory institutions, including the Food and Drugs Authority (FDA),...
Continued investment key to sustaining hospitality gains in Ghana – Yusuf Olela
The Group General Manager of Alisa Hotels, Yusuf Olela has underscored the need for a continuous investment in hospitality to bolster the industry and...
Gold Coast customers threaten nationwide protests if…
The leadership of the Aggrieved Gold Coast Customers has warned of a series of nationwide protests if the Minister of Finance, Dr. Mohammed Amin...
Ghana Shippers’ Authority Bill, 2024, approved by Parliament
Parliament has successfully passed the Ghana Shippers' Authority Bill, 2024, into law following its third reading on the floor of the House on Monday,...
AU endorses Akufo-Addo’s proposal for increased mobile money interoperability across Africa
The African Union (AU) has endorsed President Nana Addo Dankwa Akufo-Addo’s proposal for mobile money interoperability across Africa.The proposal, considered a crucial step toward...
IMF, Ethiopia reach deal for $3.4 billion in financing
Ethiopia has secured an agreement with the International Monetary Fund for a new financing program worth $3.4 billion, the IMF said on Monday.Ethiopia's central...
Attempts by SSNIT to sell ailing hotels was a lazy approach – TUC
Director of Policy and Research at the Trades Union Congress (TUC), Dr. Kwabena Nyarko Otoo, has criticized the Social Security and National Insurance Trust...
Abraham Koomson advocates for continued oversight in SSNIT management
The General Secretary of the Ghana Federation of Labour (GFL), Abraham Koomson has pledged continued vigilance and advocacy following the cancellation of the controversial...
Abraham Koomson backs calls for SSNIT Director General’s resignation
General Secretary of the Ghana Federation of Labour (GFL), Abraham Koomson, has supported calls demanding the resignation of the Director General of the Social...
T-bills: Government misses target; interest rates remain unchanged
Liquidity on the money market remained tight as the government missed its treasury bill target by GH¢252.72 million.According to auction results from the Bank...
Publish our bid documents for public scrutiny – Rock City Hotel to SSNIT after withdrawing bid
Rock City Hotel has asked SSNIT, in the interest of accountability and transparency to publish all of its bid documents for public scrutiny in...
Unilever to slash a third of European workforce
Unilever plans to cut a third of its office-based roles in Europe by the end of 2025, the consumer goods giant has said.
It comes...
Publish our bid documents for public scrutiny – Rock City Hotel to SSNIT after withdrawing bid
Rock City Hotel has asked SSNIT, in the interest of accountability and transparency, to publish all of its bid documents for public scrutiny in...
Rock City withdraws bid to purchase SSNIT Hotels
Rock City Hotel has withdrawn its bid to purchase 60 per cent of shares in four hotels owned by the Social Security and National...
Sachet and packaged water producers demand suspension of 5% Excise tax
The National Association of Sachet and Packaged Water producer (NASPAWAP) is calling on the government to suspend, indefinitely, the imposition of 5% Excise tax...