Single ECG revenue account won’t solve power crisis – John Jinapor
Ranking Member on Parliament’s Mines and Energy Committee, John Jinapor, has said that the Finance Ministry’s decision to put all of the Electricity Company...
Ghana Commodity Exchange marks 5th anniversary with symposium
As part of celebrations to mark its 5th year Anniversary, the Ghana Commodity Exchange (GCX) has organized a symposium under the theme "Transforming Commodity...
Billionaire faces death in $44bn bank fraud case
It is the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen.Behind the stately...
Why gold prices are at record highs
From central banks to Costco customers, it seems everyone is buying gold these days.The price of spot gold reached $2,364 per ounce Tuesday, after hitting record highs for...
“Give us back our money now” – Aggrieved Customers of Gold Coast Fund Management
Hundreds of aggrieved customers of the defunct Gold Coast Fund Management, who have their investments locked up due to the government's revocation of the...
Retired UN diplomat shares journey into farming [Video]
Victoria Akyeampong, a retired United Nations diplomat, has shared her journey into agribusiness following her retirement, revealing her passion for farming rooted in childhood...
Dumsor: 70% of the challenge is financial, liquidity related – Kwabena Donkor
A Member of Parliament’s Energy Committee, Dr Kwabena Donkor, has shed light on some critical challenges facing the country’s power sector, leading to erratic...
Give us back our money now – Aggrieved customers of Gold Coast fund
Hundreds of aggrieved customers of the defunct Gold Coast Fund Management, who have their investments locked up due to the government's revocation of the...
French firm Canal+ offers $2.9bn to buy Multichoice
French media company Canal+ has made an offer of $2.9bn (£2.2bn) to fully acquire South African broadcasting company MultiChoice.It is a more attractive price...
Locked-up Investment Holders protest to demand payment of fund
Members of the Locked-up Investment Holders Forum on Wednesday March 27 protest to demand payment of their funds.The group a year ago, began...
Locked-up Investment Holders hit the street [Video+Photos]
Members of the Locked-up Investment Holders Forum, have hit the streets of Accra again.The protest is to put pressure on Bank of Ghana to...
We expect inflation to increase to 26% in March 2024 – GCB Capital
GCB Capital expects a sharp increase in headline inflation in March 2024 to around 26%.This is largely due to unfavourable base drifts, following the...
Enterprise Insurance holds Centennial Thanksgiving Service
Enterprise Insurance Ltd, Ghana’s oldest and leading private insurer in Fire, Marine, Motor and General Accident as part of its centenary celebrations held its...
Tyler Perry halts $800m studio expansion after being shocked by AI video generator
Tyler Perry has paused an $800m (£630m) expansion of his Atlanta studio complex after the release of OpenAI’s video generator Sora and warned that...
SSNIT targets to enrol 250,000 under SEED initiative by end of year
The Social Security and National Insurance Trust (SSNIT) is targeting to rope in 250 thousand informal sector players under the Self-Employed Enrolment Drive (SSNIT...
We expect gold output to exceed 4.5 million ounces in 2024 – Chamber of Mines
The Ghana Chamber of Mines has said that it expects gold production in 2024 to exceed 4.5 million ounces.According to the Chamber, despite the...
Bawumia’s attempt to save Aluworks fails as situation further degenerates
The attempt by the Vice President, Dr Mahamudu Bawumia to save Aluworks PLC from collapse has failed as the company’s shutdown has entered the...
Regimanuel Gray outdoors Satellite City Project with 17,000 homes in sight
Regimanuel Gray Ltd (RGL), is bent on continuing its landmark impact on the housing landscape with its new Satellite City development near East Legon...
We can’t be blamed for high cost of homes in Ghana – Real Estate Developers
Some Real Estate firms have argued that, they cannot be blamed for the high cost of homes offered to clients in the country.Defending...
Ghana to benefit from elevated gold prices in 2024 and 2025
Ghana would benefit from elevated gold prices in 2024 and 2025, Fitch Ratings has disclosed.According to the UK-based firm, gold prices will remain...
National Lottery Authority opens 2024 Lotto Operator Registration
The National Lottery Authority (NLA) is pleased to announce the commencement of registration for Lotto operators for the year 2024.This registration process is...
CIMG Customer Satisfaction Index: UMB and 4 other banks lead the way in Customer Service in Ghana
Only five banks scored above the threshold of 98% in the 2022 Chartered Institute of Marketing Ghana Customer Satisfaction Index.This marks a significant improvement...
5-year performance of GCB equity on the Ghana Stock Exchange
Investing in shares or stock or equity should be done with a long term view, this is because historically, the stock market outperforms all...
Goodbye to Twitter as Elon Musk rebrands platform to single letter, ‘X’
The internet is abuzz as the app formerly known as Twitter announced a name change over the weekend. X.com now redirects to Twitter.com, although the social...
World Bank MD to visit Ghana
The World Bank Managing Director (MD) for Operations, Anna Bjerde, will be visiting Ghana from July 12-15, 2023.This would be Anna Bjerde’s first visit...
Burning Issues: Torentco Asset Management has no expertise to manage TOR – ACEP alleges
The Leasing of Tema Oil Refinery (TOR) has generated huge controversies in the public domain.There are some who believe the move is a step...
MTN shareholders to receive dividend in cash or new ordinary shares
Shareholders of MTN Ghana are to receive their dividends in cash or in new ordinary shares.This is subject to the adoption of Special Resolution...
Cedi to record further gains against dollar – Forex Bureau Association
The Forex Bureau Association of Ghana is predicting further gains by the cedi in the coming days, following a financing assurance secured from Ghana’s...
Interest rates fall 15.1% since January 2023
Interest rates in Ghana have dropped by a significant 15.1%, the highest fall in Africa since January 2023.Yields on the money market were...
Debt exchange programme voluntary – Ofori-Atta
The Finance Minister, Ken Ofori-Atta, has said that the debt exchange programme is a voluntary exercise.Mr Ofori-Atta said government anticipates an 80% per cent...
We experienced no growth in 2022 – AGI CEO
Chief Executive Officer of the Association of Ghana Industries, Seth Twum Akwaboah, has revealed that the past year was tough for Ghanaian industry operators.According...
GRA reverses discount on import values of general goods, vehicles effective January 1, 2023
The Ghana Revenue Authority (GRA) has announced a complete reversal of the discount on import values of general goods and Home Delivery Value (HDV)...
Debt exchange: Govt promises of ‘no haircuts’ a mockery – Togbe Afede
The Agbogbomefia Paramount Chief of Asogli State has described the government’s promise of “no haircuts” in the ongoing debt exchange programme as a mockery. Togbe...
Moody’s downgrades Ghana to further junk status, warns investors could lose in debt restructuring
Moody’s has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 or further junk status and changed the outlook to stable.This...
Twitter Africa employees accuse Elon Musk of discrimination over severance terms
Laid-off employees at Twitter’s Africa headquarters are accusing Twitter of “deliberately and recklessly flouting the laws of Ghana” and trying to “silence and intimidate”...
Star Assurance launches re-packaged HomeOwners Xtra
Star Assurance Ltd, 2021 CIMG Insurance Company of the Year (General), has launched a re-packaged product, HomeOwners Xtra, with a range of benefits under...
Elon Musk officially buys Twitter for $44 billion; cites reasons for purchase
The current world richest man, Elon Musk, has disclosed he is the new daddy of the giant social media platform, Twitter.In a tweet...
Adidas puts Kanye West Yeezy deal under review
Adidas says it is reviewing its Yeezy partnership with Kanye West days after he showed a "White Lives Matter" T-shirt design at Paris Fashion...
NTHC under pressure: Workers of GOIL threaten legal action for GH¢30m
Customers, including many state-owned organisations, have started piling pressure on the National Trust Holding Company (NTHC) for their investments running into several millions of...
Why Ghana went from hero to zero for investors
Ghana is learning the hard way why oil can be a blessing and a curse.The onset of commercial crude production helped turn the West...