Success of new GSA Law depends on industry collaboration – CEO
The CEO of the Ghana Shipping Authority (GSA), Kwesi Baffour Sarpong, has emphasised that the success of the amended Ghana Shippers’ Authority Law hinges...
Mahama’s promise to scrap bet tax will encourage more youth to gamble – NPP’s Nana Bediako
Nana Bediako, a member of the NPP’s Communications Team, has raised concerns about former President John Dramani Mahama’s promise to abolish the betting tax.Speaking...
We will maintain tight monetary policy stance until inflation is firmly declining – BoG
The Bank of Ghana has expressed its commitment to maintain a sufficiently tight monetary policy stance until inflation is on a firmly declining path.In...
Ghana ranks 8th in Africa for economic stability and investment climate – RMB Report 2024
Ghana has been ranked in the 8th for economic stability and investment climate in Africa, according to the 2024 “Where to Invest in Africa”...
Light fishing persists after observing closed season
The use of light for fishing is part of illegal, unregulated, and unreported fishing practices prohibited under Ghana's laws.Section 11 of the Fisheries Regulations...
Inflation for July tumbled to 20.9%.
Inflation for the month of July 2024, tumbled to 20.9%.This represents a decline of 1.9 percentage points from that of June which was at...
Inflation continues downward trend, reaches 20.9% in July
Ghana's consumer inflation has continued to decline, reaching 20.9% year-on-year in July, marking the fourth straight month of reduction.This represents a 2.1 percentage point...
Enterprise Group records strong performance; declares 0.95 per share as final dividend
Insurance giant, Enterprise Group ended 2023 with an impressive final performance in spite of the economic challenges in the country.As a result of the...
Excessive tax exemptions eroding Ghana’s revenue potential – World Bank
The World Bank has expressed concern about the significant impact of tax exemptions on Ghana's revenue generation capabilities.The institution noted that, Ghana's tax system...
Deloitte commends govt’s decision to maintain tax levels
The government’s decision to maintain current tax levels in the Mid-Year Budget Review offers some relief to businesses and individuals, according to Deloitte Ghana’s...
ECG disconnects Kejetia Market again over GH¢7m debt
The Kumasi City Market, commonly known as the New Kejetia Market, has been disconnected from the national grid by the Electricity Company of Ghana...
MTN Ghana urges customers to verify and confirm SIM cards linked to Ghana Card
MTN continues to work with its industry stakeholders to ensure the management of a verified and robust SIM registration database.As part of the process,...
Cocoa farmers kick against pension scheme modalities
Members of the Assinman Co-operative Cocoa Farmers and Marketing Limited have expressed strong opposition to the current modalities of the Cocoa Farmers Pension Scheme,...
Tax treatment of retirement funds in Ghana among most generous – World Bank
The tax treatment of retirement funds in Ghana is among the most generous in the world, depriving the government of significant revenues, the World...
Bond market: Total turnover dropped by 41.77% to GH¢881m
Trading volumes in the Ghanaian secondary bond market decreased by 41.77% to GH¢881 million in the week under review.This is compared to GH¢1.5 billion...
Upper East regional staff of NPA honours Dr Abdul-Hamid for his leadership
The staff of the Upper East regional office of the National Petroleum Authority (NPA) has honoured the Chief Executive Officer, Dr Mustapha Abdul-Hamid, for...
International Youth Day: Agri-Impact Limited CEO calls for increased investment in the youth
The Chief Executive Officer of the multinational agribusiness firm, Agri-Impact Limited, Daniel Fahene Acquaye, has called for increased investment in the youth of Ghana...
MultiChoice Talent Factory 2025 calls for entries
MultiChoice Talent Factory is thrilled to announce that it’s once again calling upon all aspiring filmmakers, scriptwriters, producers, and storytellers to apply for entry...
Cedi continues relative stability; one dollar going for GH¢15.87
The Ghana cedi remained relatively stable for the most part of last week, buoyed by a $10 million Bank of Ghana’s spot market support.However,...
Individualized credit scoring system to be rolled out by end of year – Bawumia
Flagbearer of the governing New Patriotic party (NPP), Dr. Mahamudu Bawumia says individualized credit scoring will be rolled out in Ghana before the end...
Gold for Oil policy still on track – BoG
The Bank of Ghana (BoG) has affirmed that the government's Gold for Oil policy is progressing as planned.This initiative was introduced to address Ghana's...
Gold Fields to buy Canadian miner Osisko in $1.57bn cash deal
Gold Fields Ltd has agreed to acquire Osisko Mining for C$2.16 billion ($1.57 billion), it said on Monday, barely two years after a rival offer scuppered...
Mahama pledges alternatives to controversial betting tax
Former President, John Mahama has pledged to explore alternatives to the contentious betting tax as part of his campaign strategy for the upcoming elections.Addressing...
eTranzact Ghana appoints Rev. Prof. Paul Frimpong-Manso as Board Chair
eTranzact Ghana Limited, a leading provider of innovative payment technology solutions, has announced the appointment of Rev. Prof. Paul Frimpong-Manso as its new Board...
World Bank: Majority of Ghanaian banks strong enough to avoid recapitalisation
In its 8th Ghana Economic Update, the World Bank reported that over half of Ghana's 23 banks are well-positioned to avoid the need for...
COCOBOD sets record straight on loan default
The Ghana Cocoa Board (COCOBOD) has addressed inaccuracies regarding the repayment of a GH¢1.99 billion cocoa bill arranged between 2010 and 2013.In a statement,...
T-bills: Govt misses target for 5th consecutive week
The government has once again missed its target for the sale of short-term instruments to domestic investors, falling short by approximately GH¢1,257.90 million.According to...
Jamestown fishermen demand inclusion in $60m Harbor project
Fishermen in Jamestown have expressed urgent concerns about their exclusion in the soon-to-be-commissioned fishing harbour.Despite government assurances that they will be included in the...
COCOBOD invests ¢943m in cocoa rehabilitation, confident of producing 800k tons next year
The Ghana Cocoa Board (COCOBOD) has invested almost a billion cedis last year to rehabilitate aged cocoa farms and those ravaged by swollen shoot...
MASLOC honoured for championing business sustainability, CEO wins the ultimate woman of the year
In an evening of glitz, celebration and recognition at the fourth edition of the National Business Honours 2024 held at the Marriott Hotel in...
Eni Ghana workers suspect foul play in the unitisation of Afina project
Hundreds of workers of Eni Ghana Exploration and Production Ltd have expressed disquiet over the seeming foul play in the unitisation of the Afina discovery...
Ghana to rely on T-bills, multilateral and bilateral lenders for financing until 2027
Due to a lack of access to the international market, the government’s financing during 2024-2026 is expected to be limited to multilateral and bilateral...
People hesitate to enrol on insurance plans due to trust issues
The Business Development Manager at MiLife Insurance, Benjamin Nketiah has noted that many individuals are reluctant to enroll on insurance plans due to a...
Finance Minister’s apology not enough – Bokpin
A finance and economics professor at the University of Ghana, Professor Godfred Bokpin, says the recent apology by the Finance Minister, Dr Mohammed Amin...
Govt committed to strengthening FDA, other regulatory agencies – Joseph Cudjoe
The Minister for Public Enterprises, Joseph Cudjoe, is re-echoing the government's commitment to ensuring that regulatory institutions, including the Food and Drugs Authority (FDA),...
LPG marketing companies halt business with Quantum and Blue Ocean depots in Tema
The Liquefied Petroleum Gas Marketing Companies (LPGMCs) have officially notified the Gas Tanker Drivers Association of their immediate decision to cease business relations with...
Government to borrow GH¢78bn via T-bills in quarter 3, 2024
The government plans to borrow GH¢78.441 billion from the money market in the third quarter of 2024.Out of that, GH¢53.807 billion will be used...
Continued investment key to sustaining hospitality gains in Ghana – Yusuf Olela
The Group General Manager of Alisa Hotels, Yusuf Olela has underscored the need for a continuous investment in hospitality to bolster the industry and...
Ofori-Atta’s Databank earned $9.2m in Eurobonds, domestic bonds in 3 years – Manasseh’s book reveals
Investment bank, Databank, co-founded by the former Finance Minister, Ken Ofori-Atta is said to have earned a total amount of $9.2 million from Ghana's...
Implementation of cocoa farmers’ pension scheme deductions takes off in 3 districts
The Ghana Cocoa Board (COCOBOD) has begun a pilot program for deducting cocoa farmers' contributions to the Cocoa Farmers Pension Scheme.The pilot program has...