Sale of 60% of SSNIT stake in hotels unjustifiable – Abraham Koomson
The General Secretary of the Ghana Federation of Labour, Abraham Koomson, says that no justification is reason enough to warrant the sale of the...
Pension contributions hit ₵6.8bn in 2023
Total contributions to the Social Security and National Insurance Trust (SSNIT) Pension Scheme has reached ₵6.8 billion.This was captured in SSNIT‘s operations report for...
Sale of 60% shares only viable option to revive Hotels – SSNIT
The Social Security and National Investment Trust (SSNIT) has announced that selling 60% of its shares in four hotels to a private investor was...
Boankra Inland Port Project: First phase 40% complete
About 40 per cent of work has so far been executed on the first phase of the $308 million Boankra Integrated Logistics Terminal (BILT),...
SSNIT ordered to suspend Rock City investment plans
The National Pensions Regulatory Authority (NPRA) has ordered the Social Security and National Insurance Trust (SSNIT) to halt plans to involve Rock City Limited...
IMF commends Ghana’s economic strategy, releases $360 million in latest review
The Executive Board of the International Monetary Fund (IMF) had just wrapped up their second review of Ghana’s US$3 billion, 36-month Extended Credit Facility...
Government increases grants for LEAP beneficiaries, announces date for disbursement
The Ministry of Gender, Children and Social Protection (MoGCSP) has announced an increase in cash grants for beneficiary households under the Livelihood Empowerment Against...
From riches to rags: Ex-millionaires share their downfall stories
Reaching millionaire status is a feat people dream of achieving.But unfortunately, having millions of dollars doesn't mean you're invincible, as evidenced by redditor u/HypnoticMushrooms,...
Government calls for investment in electric vehicles
Minister of Transport, Kwaku Ofori Asiamah, has called on Bolt and other transport companies to invest in the Electrical Vehicle (EV) space.He called for...
Bank of Ghana increases maximum advance payment for imports to $200,000
The Bank of Ghana (BoG) has announced an amendment to the rules governing Advance Payments for imports, increasing the maximum amount permitted from $50,000...
Cement manufacturers called my bluff over pricing concerns – Trade Minister
Trade Minister Kobina Tahir Hammond revealed that the Cement Manufacturers Association of Ghana (CMAG) dismissed his directive regarding cement pricing.In an interview with Evans...
iPhone 16 leak just revealed details on all four new iPhones
This week, we got another early look at the design of this year's upcoming iPhones that showed off a revamped camera layout, two Pro exclusives headed...
Finance Minister’s figures don’t tally If you check very well – Williams Peprah
Associate Professor of Finance at Andrews University, Williams Kwasi Peprah, says the $2 billion savings the Finance Minister claimed the country would achieve through...
Bondholder committee reaches agreement in principle with Ghana on debt restructuring
The Committee of holders of Ghana’s Eurobonds has announced that it has reached an agreement in principle with the government of Ghana on a...
Ghana, Korea sign $2bn deal to drive development agenda
Ghana has secured a major financial boost for its development aspirations, inking a $2 billion framework arrangement with South Korea's Economic Development Cooperation Fund...
Locked-up investment holders to resume picketing at Finance Ministry today
The Locked-up Investment Holders' Forum has announced that it will resume its picketing at the Finance Ministry today, Wednesday, June 5, after the ministry...
Registrar of Companies to strike out 508,000 companies
Five hundred and eight thousand (508,000) public and private business entities are to be struck off the register of the Office of the Registrar...
Electrochem Ghana to list on Ghana Stock Exchange
Indigenous salt mining firm Electrochem Ghana Limited, a subsidiary of McDan Group of Companies, is set to expedite the listing of its shares on...
NIB must just be killed; successive governments have looted it – Franklin Cudjoe
President of IMANI Africa, Franklin Cudjoe has criticised successive governments for allegedly misappropriating funds from the National Investment Bank (NIB), stating that it has...
64% of Africans believe in Africa, but only 14% are loyal to African brands – Report
Research shows African brands have retained a 14% share of the top 100 most admired brands in Africa for the second consecutive year.The report,...
Tullow Oil and Forestry Commission partner in $90 million emissions reduction agreement
Tullow Oil plc has announced a financial investment of approximately US$90 million over a period of 10 years in an Emissions Reduction Purchase Agreement...
Ghana faces oil depletion in 15 years if production decline persists
The Co-chair of the Ghana Extractive Industry Transparency Initiative has revealed that Ghana’s oil fields are peaking, leading to a decline in crude oil...
Chief Justice urges ‘kayayei club’ members to leverage existing educational opportunities
Chief Justice Gertrude Torkornoo has urged head porters, popularly known as kayayei, to leverage existing educational opportunities to improve themselves.She advised the young girls...
We’ve been sounding alarm on Ghana’s crude oil production decline since 2018 – PIAC
Technical Manager of the Public Interest and Accountability Committee (PIAC), Mark Agyemang, has revealed that they have been warning of a decline in crude...
TUC presses for increased power on SSNIT board to oppose Bryan Acheampong, other deals
The Trades Union Congress (TUC) has advocated for a majority of representation on the Social Security and National Insurance Trust (SSNIT) Board to exert...
My fans to earn money forever – Sarkodie on new music deal
Ghanaian rapper, Sarkodie says his new Opulous app deal where fans can own shares in his music will make them rich forever.According to him,...
Government seeks to transform Ghanaian SMEs into millionaire companies
The government has committed to an ambitious vision to transform Ghanaian Small and Medium-sized Enterprises (SMEs) into millionaire companies.It intends to increase financing for...
Sarkodie gives fans opportunity to own shares in his music [Video]
Rapper, Sarkodie took to Twitter today to announce an exciting collaboration with Opulous App, offering his loyal fan base, affectionately known as "SarkNation," the...
Ghana’s TVET sector enhances employability through industry partnerships: GIZ and CTVET lead the way
The Commission of Technical Vocational Education and The German Development Cooperation (GIZ) have stressed the importance of continuous collaboration and industry involvement in Ghana's...
T-bill yields to continue downward trend
Treasury yields are expected to tumble further due to the positive inflation outlook in the medium term.Inflation took a nose dived in April 2024...
Listing &Trading of Atlantic Lithium shares on GSE: A historic event in Ghana’s mineral resource exploration – Land Minister
Hon. Samuel A. Jinapor, MP, Minister Lands and Natural Resources, has hailed the listing of Atlantic Lithium's shares on the Ghana Stock Exchange (GSE)...
IMF forecasts growth surge for sub-Saharan Africa
The deputy director of the Africa Department at the International Monetary Fund (IMF), Catherine Pattilo, expressed optimism about the economic prospects of sub-Saharan Africa...
GRA addresses reports of billions lost in E-VAT revenue
The Ghana Revenue Authority (GRA) has responded to reports claiming that the nation has lost billions in revenue due to the implementation of the...
Akufo-Addo commits to aiding local manufacturing firms
President Nana Akufo-Addo has assured local manufacturing companies in Ghana of government's commitment to providing necessary support, especially in light of recent economic challenges.He...
Locked-up funds: Investors to picket Finance Ministry again over unreleased funds until November
The Locked-up Investment Holders Forum has announced plans to stage a series of pickets at the Ministry of Finance.This decision comes after unsuccessful attempts...
GIPC reaffirms commitment to attract foreign investment
CEO of the Ghana Investment Promotion Center (GIPC), Yoofi Grant, has reiterated the government's commitment to creating a conducive investment environment to boost economic activities and...
Trade Minister promotes Ghana’s industrialisation agenda to US investors
The Minister of Trade and Industry, Kobina Tahir (KT) Hammond, has urged United States (US) investors to explore mutually beneficial trade ventures with Ghanaian counterparts through the government’s...
IMF advises Sub-Saharan African countries to invest borrowed funds wisely
Wenjie Chen, the Deputy Division Chief of Regional Studies in the African Department at the International Monetary Fund (IMF), has advised Sub-Saharan African (SSA)...
SSNIT responds to claims of depleting reserves
In the wake of recent concerns regarding the depletion of its reserves, the Social Security and National Insurance Trust (SSNIT) has stepped forward to...
World Bank’s food price index eases in early April 2024
The World Bank’s food price index eased in early April 2024 after falling by about 4.0% in the first quarter of 2024, to a...