Northern Ghana drought: Irrigating a hectare of farmland costs $40,000 – GIDA
The Ghana Irrigation Development Authority (GIDA) has revealed that developing an irrigation scheme for just one hectare of farmland now costs approximately $40,000.The Acting...
Remittances generate more revenue than gold and cocoa – Dr. Atuahene
Banking and Finance analyst, Dr. Richmond Atuahene says Ghana's inflow from remittances is higher compared to cocoa, oil and even gold.This according to him...
We are ready to reduce fuel prices if cedi is stable – Petrosol CEO
Some Oil Market Companies (OMCs) say they will reduce the prices of fuel at the pumps if the cedi continues to show signs of...
Cedi holds steady against dollar; one dollar going for GH¢15.90
The Ghana cedi held steady against the US dollar last week as soft US inflation data caused the American greenback to weaken against a...
Gov’t to reintroduce electricity VAT again if…
The International Monetary Fund (IMF) has disclosed that government may introduce the suspended 15 percent value-added tax (VAT) on electricity if inflation rate continues...
Auditor General flags BoG, Minerals Commission, others for unreported gold tax revenues
The Auditor General has flagged the Controller and Accountant General, the Bank of Ghana, the Ghana Revenue Authority (GRA), and the Minerals Commission for...
Ghana Link executives sweep National Communications Awards
In a resounding affirmation of Ghana's burgeoning tech sector, executives from Ghana Link Network Services dominated the 6th Edition of the National Communications Awards...
Government loses up to $3m as surface rentals in 2023 – PIAC
A member of the Public Interest and Accountability Committee (PIAC), Richard Ellimah says by the end of 2023, the government will have lost an...
Akufo-Addo cuts sod for phase-one of Petroleum Hub project at Jomoro
President Nana Akufo-Addo has officially cut sod for the first phase of the Petroleum Hub Development project in Nawule, located in the Jomoro District...
Maiden National Sales Leaders Conference celebrates success in Accra
The inaugural National Sales Leaders Conference (NSLC), organized by MGA Consulting Ghana Limited and CorEvents Solutions, concluded on a high note, drawing over 2,000...
Scrap e-levy now to gain voters’ trust – Bokpin tells Bawumia
Economist and professor of finance, Godfred A. Bokpin, has welcomed Dr Mahamudu Bawumia's proposal to scrap the electronic transaction level (E-levy) if elected as...
GH¢61bn of public funds locked up in investment institutions – Report
The Auditor General's report has uncovered that a staggering GH¢61 billion in state funds is tied up with various companies and institutions nationwide.Of this...
Bawumia’s one-time tax amnesty a good idea for businesses – GUTA
The Head of the Business and Economic Bureau of the Ghana Union of Traders' Associations (GUTA), Charles Kusi Appiah Kubi, has welcomed the pledge...
IEA announces measures to help deepen fiscal discipline, entrench fiscal sustainability
The Institute of Economic Affairs (IEA) has announced a number of measures to enhance fiscal discipline and entrench fiscal sustainability.They are fiscal consolidation, consisting...
Ghana doesn’t need Mineral Development Bank – Bawumia told [Listen]
Banking consultant, Dr Richmond Atuahene has said Ghana does not need a Minerals Development Bank to increase gold reserves.According to him, Ghana does not...
Frequency of economic crises and IMF bailouts clearly demonstrate serious policy failings – IEA
The Institute of Economic Affairs (IEA) has stated that the frequency of economic crises and the International Monetary Fund (IMF) bailouts clearly demonstrate serious...
Coalition of Concerned Nzema People threaten legal action over controversial Petroleum Hub project
The Coalition of Concerned Nzema People has vowed to pursue legal action against the government over the proposed Petroleum Hub project led by the...
Atlantic Lithium grants over 1.4 million performance rights to propel Ewoyaa Project growth
Atlantic Lithium has granted 1,402,492 unlisted performance rights to key senior employees directly involved in advancing the Ewoyaa Lithium Project.These rights, tied to new...
We’ll establish Fintech Fund with a seed capital of $100m – Bawumia
The New Patriotic Party (NPP) flagbearer, Dr. Mahamudu Bawumia has pledged to establish a Fintech Fund with an initial seed capital of $100 million...
X suspends business in Brazil over censorship row
X, formerly known as Twitter, has closed its office in Brazil over a censorship row.The social media platform said a Brazilian Supreme Court judge,...
Farmers face devastating losses as drought threatens crops and livelihoods
Farmers in the Oti Region are struggling with the severe impact of a prolonged dry spell, which has left their fields barren and their...
We have weathered the worst of the storm and the economy is on a path of recovery – Dr. Bawumia
The flagbearer of the New Patriotic Party, Dr. Mahamudu Bawumia, has acknowledged the challenging times Ghana and the rest of the world have gone...
Dr Bawumia announces nine incentives for growth of businesses
Flagbearer of the ruling New Patriotic Party (NPP), Dr Mahamudu Bawumia says his government will prioritise the strengthening of businesses, especially SMEs, to enhance...
Bawumia affirms support for growth for businesses, SMEs with new, friendly tax system
The New Patriotic Party (NPP) flagbearer, Dr Mahamudu Bawumia, has delivered on his promise to create a business-friendly environment by including several announced policies...
Ghana’s economy is on a path of recovery – Bawumia
The Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has acknowledged the challenging times Ghana and the rest of the world have...
Fuel prices fall for second consecutive pricing window in August
Petroleum product consumers are expressing relief as they fill up at oil marketing companies (OMCs), thanks to a slight reduction in fuel prices.This drop...
Central Region sugarcane out-growers threaten strike
Sugarcane out-growers in the Central Region have threatened to strike over what they have described as "unfair treatment" by the management of the Komenda...
We’ve not reached agreement with government – IPPs deny restructuring $1bn
The Independent Power Generators, Ghana has denied reaching an agreement with the government to restructure the $1.0 billion debt owed its members.According to its...
Akufo-Addo highlights AfCFTA’s role in continental transformation
President Nana Akufo-Addo has delivered a keynote speech emphasising the transformative potential of the African Continental Free Trade Area (AfCFTA) Agreement in driving Africa’s...
Inflation remains high by international standards despite falling significantly since 2023 – IEA
The Institute for Economic Affairs has emphasized that inflation remains in Ghana remains high by international standards despite it dropping significantly from 54.1% in...
Fuel prices ease by 1.38%; Petrol now at ₵14.22, diesel ₵14.90
Some Oil Marketing Companies (OMC) have started reducing prices of petroleum products at the Pumps.Market leader GOIL is selling a litre of petrol at...
Bank of Ghana unveils draft regulations for cryptocurrencies and other digital assets
The Bank of Ghana (BoG) has introduced draft regulations aimed at establishing a comprehensive framework for the Ghana’s digital asset sector.Announced on August 16,...
World Bank set to disburse $1bn to Ghana to help stabilise economy
The World Bank is planning to disburse US$1 billion over the next 12 years to help in stabilising Ghana’s economy, and support private businesses.This...
Prices of petrol, diesel and LPG to remain stable – IES
The prices of petroleum products will remain stable on the local fuel market for the second half of August 2024, the Institute for Energy...
Akufo-Addo vows to mitigate impact of severe drought on Northern farmers
President Nana Addo Dankwa Akufo-Addo has pledged to take decisive action to alleviate the devastating effects of the severe dry season that has plagued...
BoG to offload shares in ADB; pledges to fix recurring problems in state-owned banks
The Bank of Ghana has pledged to offload its shares in ADB Bank to the government.It has also vowed to address recurring problems at...
Food shortage looms as lack of rains in Northern Region threaten food sufficiency
The Peasant Farmers Association of Ghana (PFAC) has warned that the current drought in Northern Ghana could lead to a food shortage if the...
24-hour economy achievable if government is committed – Economist Nii Moi Thompson
A renowned economist, Dr Nii Moi Thompson, has highlighted some strategies that can be adopted to make the 24-hour economy feasible.This comes after the...
Accra Mall, West Hills Mall taken over by South African firm in new deal
The Accra Mall, West Hills Mall and Kumasi City Mall have been taken over by a South African real estate investment firm, Lango.This follows...
The People’s Forum: Kaneshie market sellers lament constant price fluctuations
Traders and consumers at the Kaneshie Market in Accra have expressed frustration over the persistent rise in food prices, blaming it on factors beyond...