Over $5bn worth of gold reserve realised under domestic gold purchase programme – BoG
The Bank of Ghana (BoG) has announced that over $5 billion worth of gold reserve has been accumulated so far under the Government’s Domestic...
Banks demand publication of businesses sanctioned by BoG for issuing dud cheques
The Ghana Association of Banks (GAB) is demanding the publication of all businesses and individuals sanctioned by the Bank of Ghana (BoG) over the...
Ministry of Finance announces measures to address debt crisis and reduce borrowing
The Ministry of Finance, following the recent domestic debt restructuring and ongoing negotiations with international creditors, has implemented strategies to stabilise the economy.Deputy Minister...
Business has been slow after BoG directive to check Ghana Card – Forex Bureaux Association
The Ghana Association of Forex Bureaux says their operations have slowed down in recent times after the Bank of Ghana (BoG) gave a directive...
Bawumia proposes anchoring Cedi to Gold for long-term stability
Vice President, Dr Mahamudu Bawumia has unveiled plans to stabilize the cedi by anchoring its value to gold, a move aimed at mitigating currency...
Bawumia asks stakeholders to explore innovative solutions to bridge road financing gap
Vice President, Mahamudu Bawumia has tasked stakeholders in the road infrastructure provision industry to critically evaluate the opportunities in the financing models for funding...
Probe into PBC’s finances long overdue – Former workerÂ
A former worker of PBC Limited, Frederick Ackon has endorsed workers call for a probe into the company's financial management.The workers have called on...
New Shippers’ Authority law set to transform Ghana’s shipping industry – CEO affirms
At a pivotal stakeholder meeting held at the Ghana Shippers’ Authority (GSA) headquarters on Friday, August 2, 2024, GSA CEO Kwesi Baffour Sarpong underscored...
Some manufacturing companies responsible for exchange rate volatilities – Finance Minister
The Minister of Finance, Dr Mohammed Amin Adam has expressed worry about the conduct of some local manufacturing companies.He accused them of engaging in...
Bawumia moves to fulfil dream of gold value addition
The Vice President, Dr Mahamudu Bawumia, has noted that the establishment of a refinery in Ghana is a strategic investment which contributes immensely to...
GRA grants amnesty to users of uncustomed vehicles
The Customs Division of the Ghana Revenue Authority (GRA) has granted a two-month amnesty period for users of uncustomed vehicles.The amnesty which took effect...
SSNIT has made positive strides in recent years – Osafo-Maafo
The Director General of the Social Security and National Insurance Trust (SSNIT), Kofi Bosompem Osafo-Maafo, has highlighted the significant progress made by the management...
Stable macroconomic environment to boost GSE growth in second-half of 2024
Stocks are expected to continue to perform well on the Ghana Stock Exchange (GSE) going into the second half of 2024.While non-financial stocks have...
Current PBC management knows nothing about cocoa industry – Former worker
A former staff of PBC Limited, formerly called Produce Buying Company, Frederick Ackon has blamed management for the predicament of PBC.Acknowledging that every new...
We need $271.7 bn to expand roads – Finance Minister
The country needs an estimated $271.7 billion to achieve its target of expanding the road network from 78,401km in 2016, to 253,000 km by...
Angry PBC workers demand probe into financial issues [Audio]
Workers of the Produce Buying Company of Ghana (PBC) are appealing to state agencies to probe its management concerning financial issues.The workers have also...
Expand road tolling system to ensure equity – Bawumia
Vice President, Dr Mahamudu Bawumia has called for an expansion of Ghana's road tolling system to make it more inclusive and comprehensive.This proposal follows...
Clamp down on unregistered and unregulated forex businesses – ISSER to BoG
The Institute of Statistical, Social and Economic Research (ISSER) has urged the Bank of Ghana (BoG) to take decisive action against unregistered and unregulated...
Kejetia-Central Market traders excited as redevelopment project resumes
Traders in the Ashanti region have expressed satisfaction with the resumption of work on phase two of the Kejetia-Central Market redevelopment project, which had...
Build up sinking fund to ensure sufficient repayment of restructured debts – ISSER
The Institute of Statistical, Social and Economic Research (ISSER) has emphasized the importance of reinforcing Ghana’s Sinking Fund to adequately manage the repayment of...
Stop apologising and reduce rising debt – Independent Bondholders Forum to Minister
A member of the Bondholders Forum, Harry Yamson has recommended that the government prioritise addressing the debts as a solution to the country's economic...
Apology doesn’t heal wounds from your actions – Finance Minister told
Convener of the Pensioners Bondholders Forum, Dr Adu Anane Antwi, says the Minister of Finance, Dr Mohammed Amin Adam's recent apology to Ghanaians for...
Gary Nimako clashes with lawyer of lotto operatorsÂ
A heated debate has ensued between the Board Chairman of the National Lottery Authority (NLA) Gary Nimako Marfo and the lawyer for private lotto...
Agbogbloshie redevelopment: Residents question plans for old onion market
Three years ago, the old Agbogbloshie onion market and scrap yard was cleared in a major demolition exercise, aiming to pave the way for...
Electrochem set to list on Ghana Stock Exchange – Mireku Duker announces
The government has reaffirmed its dedication to supporting the seamless operations of Electrochem Ghana Limited in the harvesting of salt at the Songhor Lagoon...
Secondary bond market improves but still below pre-DDEP levels
The secondary bond market activity improved in the first half of 2024 compared to the same period last year, but is still below pre-Domestic...
Economic growth favours the rich – ISSER
The country’s economic figures stand in sharp contrast with the daily economic hardships faced by citizens, the Institute of Statistical, Social, Economic and Research...
Government borrowed GH¢115.77bn in half-year 2024, but interest rates declined sharply
The government borrowed GH¢115.77 billion from the treasury market in the first-half of 2024, representing a 70.22% increase over the same period last year.During...
Bond market: Turnover surged by 67.63% to GH¢1.5bn
Ghana's secondary bond market rebounded with a 67.63% increase in turnover from the previous week.The February 2027 and February 2033 maturities dominated trading. This...
Gov’t plans to sell Komenda sugar factory – Former Board member alleges
A former member of the Komenda Sugar Project Management Board, Ransford Vanni Amoah, has accused the government of deliberately devaluing the Komenda Sugar Factory...
Collapse SIGA; it is a wasting enterprise – Franklin Cudjoe [Audio]
Founding President of IMANI Africa, Franklin Cudjoe, has called for the urgent dissolution of the State Interest and Governance Authority (SIGA).He argued that SIGA...
Cedi to gain some respite against dollar this week; one dollar equals GH¢15.87
The Ghana cedi is expected to gain some respite against the US dollar this week following the weakening American greenback as there is a...
Govt’s decision to lease Komenda Sugar Factory reveals inability to manage – Franklin Cudjoe [Listen]
Founding President of IMANI Africa, Franklin Cudjoe, has reacted to the government's decision to lease the Komenda Sugar Factory.In his view, the move demonstrates...
Murtala Mohammed blames NPP for Komenda sugar factory deterioration [Audio]
Former Deputy Trade Minister, Murtala Mohammed has stated that the ruling New Patriotic Party (NPP) is responsible for the deterioration of the Komenda Sugar...
Inflation expected to reach 15% by end of 2024 – Amin Adam
Finance Minister, Dr. Mohammed Amin Adam, has projected that Ghana’s inflation rate will reach 15% by the end of 2024.During a town hall meeting...
ISSER urges targeted support for SMEs to boost value addition in key sectors
The Institute of Statistical, Social and Economic Research (ISSER) has called for targeted financial support for small and medium-sized enterprises (SMEs) in Ghana to...
Current economic hardships due to DDEP; forgive us – Amin Adam
The Minister of Finance, Dr. Mohammed Amin Adam, has apologized to Ghanaians for the hardships caused by the Domestic Debt Exchange Programme (DDEP).This apology...
Trade Minister clarifies Komenda Sugar Factory lease agreement [Listen]
The Minister of Trade and Industry, Kobina Tahir Hammond has said the India-based firm set to take over the Komenda Sugar Factory on a...
Komenda protest: Convenor questions credibility of firm leasing sugar factory
The convenor for the Concerned Citizens of Komenda Traditional Area, Samuel Awudza has described the decision to lease the Komenda Sugar Factory to West...
Sugar Cane farmers issue ultimatum to gov’t over semi-refined sugar imports
The National Executives of Sugar Cane out-growers, have issued a one-week ultimatum to the government to engage their members regarding the procurement of their...