Dr. Nii Moi Thompson appointed chairman of NDPC
Development Economist Dr. Nii Moi Thompson has been appointed Chairman of the National Development Planning Commission (NDPC), pending consultations with the Council of State.Dr....
Dr. Johnson Asiama takes over as Bank of Ghana Governor
The new Bank of Ghana Governor, Dr. Johnson Asiama, held a brief ceremony with the management of the Central Bank after officially taking over...
Fuel prices increase by 2%; petrol to sell at ¢15.72, diesel at ¢16.60 per litre
Ghanaians will have to brace for higher fuel costs as petroleum prices are expected to rise from today, with Liquefied Petroleum Gas (LPG) witnessing...
T-bills Auction: Gov’t records 43% oversubscription as interest rates tumble
For the 5th consecutive week, the government recorded an oversubscription in its treasury bills auction.According to auction results from the Bank of Ghana, the...
Mahama nominates Dr. Johnson Asiamah as Bank of Ghana Governor
President John Dramani Mahama has nominated Dr. Johnson Asiamah as the next Governor of the Bank of Ghana, pending approval from the Council of...
Prof Gyampo vows to tackle systemic wrongs as new GSA CEO
The newly appointed Acting Chief Executive Officer (CEO) of the Ghana Shippers Authority (GSA), Professor Ransford Gyampo, has pledged to confront systemic wrongs head-on...
Prices of petroleum products to go up marginally from February 1
Barring any unforeseen circumstances, the price of petrol, diesel and Liquified Petroleum Gas (LPG) will go up marginally from February 1, 2025..According to the...
We’ll do a proper SIM re-registration again – Communications Minister nominee
Samuel Nartey George, the Minister nominee for Communications, Digitalisation, and Innovation, has announced plans to conduct a proper SIM re-registration exercise if approved for...
Fintech is at the heart of Mahama’s government – Sam George
The Minister nominee for Communications, Digitalisation, and Innovation, Samuel Nartey George, has asserted that financial technology (fintech) is central to the vision of President...
MNOs failing to meet quality standards will face fines – Sam George
The Minister nominee for Communications, Digitalisation, and Innovation, Samuel Nartey George, has warned that Mobile Network Operators (MNOs) that fail to meet the required...
Rashid Pelpuo promises to work with FWSC to boost productivity
The Minister-nominee for Labour, Jobs, and Employment, Dr. Rashid Pelpuo, has reaffirmed his commitment to collaborating with the Fair Wages and Salaries Commission (FWSC)...
BoG introduces directive on financial inclusion for persons with disabilities
The Bank of Ghana has issued a directive on financial inclusion for persons with disabilities.This directive is in line with internationally accepted financial inclusion...
GIPC welcomes new CEO Bernice Makafui Brempong
The Ghana Investment Promotion Centre (GIPC) has announced the appointment of Dr. Bernice Makafui Brempong as its new Chief Executive Officer by President John...
NIC temporarily suspends 2025 Motor Insurance Tariff implementation
The National Insurance Commission (NIC) has temporarily suspended the implementation of the 2025 Motor Insurance Tariff due to unforeseen developments.In a letter dated January...
Ghana signs MoU with Official Creditor Committee to address debt issues
Government has officially signed a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC) to formalize debt treatment agreements aimed at restoring long-term...
Castel Group acquires full stake in Guinness Ghana for $81m
Diageo PLC has finalised the sale of its 80.4% stake in Guinness Ghana Breweries PLC (GGBL) to Castel Group for $81 million.The transaction however...
BoG’s intervention alone in forex market cannot ensure cedi stability
The Institute for Economic Affairs (IEA) has warned that the Bank of Ghana’s intervention in the forex market alone cannot guarantee lasting exchange rate...
Finance Minister inaugurates GoldBod Technical Committee to deliver operational framework
The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated the Ghana GoldBod Technical Committee, a flagship program under President John Mahama’s administration aimed...
Margaret Ansei appointed Acting CEO of Ghana Enterprises Agency
Margaret Ansei, popularly known as Magoo, has been appointed as the Acting Chief Executive Officer (CEO) of the Ghana Enterprises Agency (GEA).She succeeds Mrs....
Chamber of Autodata Ghana congratulates Mahama, pledges support for economic development
The Chamber of Autodata Ghana has extended its warmest congratulations to President John Dramani Mahama on his victory in the 2024 presidential election, as...
James Agyenim-Boateng named SIC Insurance Company MD
Former Presidential staffer James Agyenim-Boateng has been named the new Managing Director of SIC Insurance Company.This follows the revocation of Hollistar Duah-Yentumi's appointment.The announcement...
GCB appoints Farihan Alhassan as MD
Ghana Commercial Bank (GCB) has appointed Farihan Alhassan as its new Managing Director.The appointment follows the resignation of Kofi Adomako.In a statement, GCB explained...
Prof. Joshua Alabi appointed as GCB’s new board chairman
Ghana Commercial Bank (GCB) has appointed Professor Joshua Alabi as an Independent Non-Executive Director and Chairman of the Board of Directors.The appointment, which takes...
Banks NPLs surge to 21.8 percent – BoG
The banking industry’s Non-Performing Loans (NPL) ratio increased to 21.8% in December 2024, up from 20.6 percent in December 2023.According to the Bank of...
Full list of technical committee to develop legal framework for GOLDBOD
On Monday, January 27, 2025, Finance Minister, Dr. Cassiel Ato Forson, Ph.D., officially inaugurated a Technical Committee tasked with developing the legal and operational...
Ghana Gold Board formation: Finance Min. inaugurates technical committee to draft legal framework
Finance Minister, Dr. Cassiel Ato Forson, Ph.D., has officially inaugurated a Technical Committee tasked with developing the legal and operational framework for the establishment...
IEA calls for budget to address huge legacy debt and restore financial sustainability
The Institute of Economic Affairs (IEA) is calling for a budget that specifies a comprehensive plan to address the huge legacy debt in the...
Security prevents alleged NDC thugs from attacking GRA headquarters
Security personnel at the Ghana Revenue Authority (GRA) Headquarters in Accra have prevented an alleged group of National Democratic Congress (NDC) supporters from causing...
Ghana’s projected growth rates for next 5 years by IMF below potential – IEA
The Institute for Economic Affairs (IEA) has described the projected growth rates for Ghana’s economy in the next five years, as provided by the...
Taptap Send Partners with Manhyia Palace in Ghana to drive development through fee-free remittances
Taptap Send, a prominent global remittance platform, is taking bold steps to deepen its role in community-driven development.The company has announced a strategic partnership...
Banks’ average lending rate hovered around 30% during the second half of 2024
Banks' average lending rates hovered around the 30% bracket during the second half of the year, after declining from 32% at the beginning of...
We have capacity to support 24-hour port operations – Customs
Assistant Commissioner Theresa Potakey, the new Sector Commander of the Tema Collection, Customs Division of the Ghana Revenue Authority (GRA), says Customs has enough...
GNPC welcomes new CEO: Edward Abambire Bawa set to lead with vision
The Ghana National Petroleum Corporation (GNPC) has announced the appointment of Edward Abambire Bawa as its new Chief Executive Officer, succeeding Mr. Joseph Dadzie,...
Ghana’s public debt falls to GH¢736 billion
Ghana's public debt stock has seen a decline, falling to GH¢736.0 billion in November 2024 from GH¢761.0 billion in October 2024, according to the...
7-member committee inaugurated to explore private sector participation in ECG operations
The Energy and Green Transition Minister, John Abdulai Jinapor, on Friday inaugurated a seven-member committee to explore options for private sector involvement in the...
AT announces exciting 2025 plans to enhance customer experience
Telecommunications giant AT has unveiled its plans for 2025, focusing on innovation, growth, and improving customer experiences.In a statement, the company outlined key initiatives...
Ghana’s public debt stock declines to GH¢761.0bn in November 2024 – BoG Â
Ghana’s total public debt fell by GH¢24.1 billion month-on-month to GH¢761.0 billion in November 2024, the Bank of Ghana has disclosed in its January...
NCA staff congratulate new Ag. Director General, thanks Mahama for acknowledging his hard work
The National Communications Authority Staff Association (NCASA) has commended President John Dramani Mahama for appointing Rev. Ing. Edmund Yirenkyi Fianko as the Acting Director...
Cedi depreciates by 2.4% against dollar in January 2025 – BoG
The Ghana cedi lost 2.4% in value to the US dollar in the first month of 2025, compared to a depreciation of 1.3% during...
Mahama appoints Sylvester Mensah as Acting CEO of Ghana Export–Import Bank
President John Dramani Mahama has appointed Sylvester Adinam Mensah as the Acting Chief Executive Officer of the Ghana Export–Import Bank (GEXIM).Mr. Mensah will spearhead...