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Ghana ranked 2nd most attractive country in SSA in power supply – Fitch Solutions

Ghana was ranked as the second most attractive country in terms of power supply or electricity among 18 countries in Sub Saharan Africa, Fitch...

Total value of secured loans by banks, SDIs in quarter 2, 2024 estimated at GH¢10.8bn

The total value of secured loans granted and registered by banks and SDIs in quarter 2, 2024 was GH¢10.8 billion, about 83.1% increase over...

Ministry of Finance to introduce 36 double taxation agreements

Head of the Tax Policy Unit at the Ministry of Finance, Daniel Nuer, has revealed that the Ministry of Finance is working to introduce...

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...

NPA’s unfairness will render our 10,000 workers unemployed – LPG Marketing Companies

The LPG Marketers Association (LPGMC), Ghana LPG Operators Association (GLIPGOA), and Gas Tanker Drivers Association (GTDA) have issued a strong warning that the National...

Government working on newly discovered oil reserves – Finance Minister

The Finance Minister, Dr. Mohammed Amin Adam has emphasized the significant potential of oil revenue in driving national development.Speaking at the Future of Energy...

Grain export ban: Ghana’s Ambassador to Burkina Faso warns of economic repercussions

Ghana’s Ambassador to Burkina Faso, Boniface Gambila, has expressed concerns over the government's recent decision to impose a ban on grain exports without consulting...

Fuel would have been GH₵30 or GH₵40 if not for gold for oil policy – BOST MD [Video]

Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST), Dr. Edwin Alfred Provencal, has firmly defended the Gold for Oil policy.In...

Why BOST became BEST – Managing Director explains [Listen]

Managing Director of Bulk Energy Storage and Transportation (BEST) Company Limited, formerly known as BOST, Edwin Alfred Provencal, has explained the reasons behind the...

Tax analysts question feasibility of NPP and NDC tax proposals under IMF programme

Some tax analysts have cast doubts the ambitious tax proposals announced in the manifestoes of the two major political parties, the New Patriotic Party...

IMF MD proposes appointment of Nigel Clarke as Deputy MD

Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has announced to the Executive Board her proposal to appoint Nigel Clarke to the...

I don’t know if critics are suffering from witchcraft or what – BOST MD on margin [Listen]

The Managing Director of Bulk Energy Storage and Transportation (BEST) Company, Edwin Alfred Provencal, has stressed the importance of the BOST margin for maintaining...

Cedi crosses GH¢16 mark against the dollar on retail market

The Ghanaian Cedi has recently surpassed the GH¢16 mark against the US Dollar on the currency retail market.A survey by Citi Business News at...

Grain export ban is necessary, but… Former GAWU General Secretary [Listen]

The former General Secretary of the General Agricultural Workers Union (GAWU), Edward Kareweh, has backed the government’s recent ban on grain exports.However, he said...

Grain export ban: It will worsen the situation for farmers – Youth in Agric Business [Audio]

The Director of Youth in Agric Business, Wilson Addai, has said the government's recent ban on grain exports won't achieve the intended positive outcomes.He...

NLA to partner global leader, Scientific Games

The National Lottery Authority (NLA) may soon clinch a transformative partnership with Scientific Games. The partnership is to further position NLA as a competitive global...

Next of Kin does not automatically inherit bank accounts – BoG

The Bank of Ghana (BoG) has urged the public to carefully select their next of kin, emphasizing the importance of choosing someone who is...

Grain export ban ineffective, root causes must be addressed – Minority

The Minority spokesperson on Agriculture and Member of Parliament for Asunafo South, Eric Opoku, has criticized the government’s recent ban on grain exports, arguing...

PAC cautions Assemblies against paying below minimum wage

Any District, Municipal and Metropolitan Assembly found culpable of paying its casual workers below the nationally mandated minimum wage will be prosecuted, Dr James...

Deploy security agencies to tackle ‘galamsey’ – Agriculture workers tell government

The General Agricultural Workers Union (GAWU) is advocating for the government to extend the recent security measures used to prevent farmers from exporting grains...

MIIF injects $700m into Ghana’s economy, records GH¢409m profit in 2023

The Minerals Income Investment Fund (MIIF) in 2023 defied all odds and the global economic downturn with a stellar financial performance in 2023 recording...

It’s premature for the government to ban the export of grains – PFAG

Executive Director of the Peasant Farmers Association of Ghana (PFAG), Bismark Tetteh, says the government's decision to ban the export of grains is premature.According...

Abena Osei-Asare reaffirms Bawumia’s commitment to partner faith-based organisations to drive development

The Member of Parliament for Atiwa East constituency, Abena Osei-Asare has reaffirmed the flagbearer of the New Patriotic Party (NPP), Dr. Mahamadu Bawumia government's...

Admission World Consult Ltd. wins educational consultancy of the year

Admission World Consult Ltd., the No. 1 educational consultancy company in Ghana, has been named Educational Consultancy Company of the Year for the second...

GCB Bank PLC maintains strong profit growth in first half of 2024

GCB Bank has recorded strong profit growth in the first half of 2024 (1H 2024) compared to the same period in 2023.This strong performance...

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...

Inflation to increase to 21.8% in August 2024 – Report

Inflation is expected to surge to 21.8% in August 2024, IC Securities has predicted.According to the investment firm, this is due to unfavourable base...

Cedi depreciation to continue; depreciates 24.5% to dollar since January 1, 2024

The recent depreciation of the Ghana cedi against the major foreign currencies is expected to continue due to subdued foreign exchange liquidity.Last week, the...

We disagree with decision to ban export on grain – Peasant farmers

Peasant Farmers Association is not pleased with the government's recent ban on the export of key grains, including maize, rice, and soybean.This concern comes...

Drought: Over 430K farmers already affected; GH₵3.5bn lost

Minister of Food and Agriculture, Bryan Acheampong, revealed that a severe dry spell in northern Ghana has directly impacted 435,872 farmers, who were cultivating...

Cedi hits GH¢16 to a dollar on retail market

The Ghana cedi has hit the GH¢16 mark to a dollar on the retail market after weeks of relative stability.This is how much most...

Parliament must probe Gold for Oil programme – Extractive Industry Transparency Initiative

The Ghana Extractive Industry Transparency Initiative (GHEITI) is demanding a parliamentary inquiry into government’s Gold for Oil policy citing opacity and lack of accountability...

Abossey Okai Spare Parts dealers back NDC’s fixed rate policy on imports

The Abossey Okai Spare Parts Dealers Association has backed the National Democratic Congress (NDC)'s proposed policy to introduce a fixed rate on imported spare...

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...

We would’ve made GH₵1bn profit without external shocks – BOST MD

Managing Director of Bulk Energy Storage and Transportation Company Limited (BEST), formerly BOST, Dr. Edwin Alfred Provencal, has revealed that the company had initially...

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...

NDC manifesto launch: Mahama promises to rationalize port fees

The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has pledged to rationalize the fees charged at the country's ports.He also announced...

Government to launch $13bn Eurobond Debt Exchange Programme next week

Government is set to launch the highly anticipated Eurobond Debt Exchange Programme next week, according to sources familiar with the plan.The Finance Ministry is...

Ghana Shippers’ Authority responds to GUTA’s concerns on new GSA law

The Ghana Shippers' Authority (GSA) has addressed several concerns raised by the Ghana Union of Traders Association (GUTA) regarding certain provisions in the newly...

TAGG urges Akufo-Addo to assent to Shippers’ Authority act

The Traders Advocacy Group Ghana (TAGG) has expressed surprise at calls from certain stakeholders urging President Akufo-Addo not to assent to the recently passed...