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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...

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...