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...
Star Assurance, AssureAdvisors to launch repackaged insurance products
Star Assurance, one of Ghana’s leading general insurance providers has together with their Corporate Agency, AssureAdvisors Limited, launched two re-packaged personal insurance products into...
Ghana ranked 2nd among countries with highest debt default risk in 2022 by Bloomberg
A Bloomberg study has ranked Ghana 2nd among countries with the highest debt default risk in 2022.The country closely follows El Salvador (ranked number...
Akufo-Addo launches $10 million Tourism Grant for SMEs
President Nana Akufo-Addo on Wednesday launched a $10 million Tourism Grant to Small and Medium Enterprises (SMEs) to transform the tourism sector and stimulate...
Star Assurance sensitises employers on Workers’ Compensation Insurance
One of Ghana’s leading insurance brands, Star Assurance Company Limited, has urged employers to protect their staff who may be injured or become ill...
Nigeria: Zipline begins drone deliveries to health facilities in Kaduna State
Zipline, the global leader in instant logistics, today completed the first drone deliveries in Nigeria’s Kaduna State.These initial flights mark the final stage of...
Govt poised to transform new regions with ICT – Ursula Owusu
The Minister for Communications and Digitalisation, Mrs Ursula Owusu-Ekuful, says the incumbent government is poised to use ICT to transform the newly created regions.Speaking...
Ghana’s public debt hits ¢391bn as of quarter 1, 2022
Ghana’s public debt stock remarkably shot up by ¢40.1 billion to ¢391.9 billion as of the end of March, 2022, the Summary of Economic...
Chief to build film studio to revolutionize film industry in Ghana
Serial entrepreneur and development chief of Akroma in the Abura-Asebu-Kwamankese District of the Central region, Nana Kweku Dakrabo I is set to build a...
Burkina Faso can’t determine prices of tomatoes for us – Samini backs Dumelo
Dancehall musician, Samini has backed actor, John Dumelo who has charged government to invest in tomato production.He argued that, until government takes a decision,...
Banda Islamic school student wins Bono region Girls in ICT competition
A student from the Banda Islamic school in the Banda District of the Bono Region emerged as the best in the Girls in ICT...
E-Levy: Supreme Court dismisses application for interlocutory injunction
An interlocutory injunction application being sought by the Minority in parliament on the operationalisation of e-levy pending the determination of a substantive case before...
$50bn wiped off Netflix’s value as subscribers quit
Shares in Netflix have slumped by 35% after it revealed a sharp drop in subscribers and warned millions more are set to quit the...
Ghanaian youth should pay mind to real estate business – CEO of Aidens Homes
Chief Executive Officer of Aidens Homes and Apartment, Frank Agyapong, has urged Ghanaian youth to patronise real estate dream as the business leads to...
Not only blogs & YouTube, e-commerce space should be taxed entirely – Mark Okraku-Mantey [Video]
Deputy Tourism and Creative Arts Minister, Mark Okraku-Mantey, has voiced out the need for government to tax Ghanaians operating businesses in the e-commerce space.According...
Elon Musk offers to buy Twitter for $41 billion
Elon Musk has offered to buy Twitter for about $41 billion in cash, saying the social media company he has often criticized needs to go...
No real estate company is authorised to charge in dollars; it weakens the Cedi – BoG
The Bank of Ghana (BoG) says no real estate company in the country has been authorised to price or transact business in foreign currencies.Head...
Ghana is a nation ready for business – Akufo-Addo
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says Ghana has moved away from the earlier uncertainties that clouded her path towards progress...
Russia’s richest 22 billionaires have lost $39 billion in one day after the invasion of Ukraine
Russia's 22 richest individuals saw their net worths plunge by a collective $39 billion in less than 24 hours after their country invaded Ukraine, according...
We’ve provided $430 million to Ghana to fight Covid-19 – World Bank
World Bank Country Director, Pierre Frank Laporte, has revealed that the World Bank has provided the government of Ghana $430 million to fight the...
Ghana assumes complete ownership of Ameri Power Plant
Ghana has taken full ownership of the 250-megawatt (MW) power production plant from the African and Middle East Resources Investment Group, otherwise known as...
Facebook pays fines to Russia over banned content
Facebook has paid 17 million roubles ($229,643) in fines owed in Russia for failing to delete content Moscow deems illegal, the Interfax news agency reported...
ICED receives $US1.56m grant for new research
The International Centre for Evaluation and Development (ICED) has received a US$1.56 million grant from the Bill & Melinda Gates Foundation to fund its...
There won’t be any sky train in Ghana, it’s not possible now – Minister for Railway Development
The Minister for Railway Development, John Peter Amewu, has said the government would not be able to construct any sky train in the country.According...