Over 600 farmers in Nkwanta South receive fertilizers, ammonia, urea under gov’t PFJ II
In a significant boost to make farming more attractive, the Ministry of Food and Agriculture (MoFA) has distributed fertilizers, ammonia, urea, and improved seeds...
GEA and partners announce grant to support 450 MSMEs
The Ghana Enterprises Agency (GEA), Ministry of Trade and Industry (MOTI), Ministry of Finance (MOF), National Entrepreneurship Innovation Programme (NEIP), and other key stakeholders...
Revamp economic financing to halt cedi depreciation – Economist
Economist, Patrick Asuming has suggested that the government revamp economic financing to halt cedi depreciation.In an interview on Joy FM's Midday News on Tuesday, August 6,...
BoG sanctions 47 individuals, 245 business entities for issuing dud cheques
The Bank of Ghana has imposed sanctions on 47 individuals and 245 business entities for issuing dud cheques.In a statement released on August 6,...
BoG to cut policy rate to 27% by end-2024 – Fitch Solutions
Fitch Solutions has indicated that the Bank of Ghana (BoG) will cut its benchmark policy rate by 200 basis points (bps) to 27.00% by...
Inflation to end year at 19.3%–21.3% – Report
Research firm, IC Research is raising its 2024 annual inflation forecast by 340 basis points to between 19.3% and 21.3%.This is due to the...
Clamp down unregistered and unregulated businesses affecting exchange rate – ISSER tells BoG
The Institute of Statistical Social and Economic Research (ISSER) is advising the Bank of Ghana to assess the informal forex market and close all...
Global markets jittery after sharp share price falls
Stock markets in Europe remained unsettled on Tuesday despite a rebound in Japan which almost reversed record falls at the start of the week.London's...
Loan default: COCOBOD responds to Adom News questions
Ghana's number one radio and TV station, Adom FM/TV reached out to Ghana Cocoa Board (COCOBOD) to explain why it has consistently defaulted on...
COCOBOD refutes claims of consistent loan defaults
The Ghana Cocoa Board (COCOBOD) has responded to claims of consistent default on its loans, clarifying its financial obligations and repayment status.According to COCOBOD,...
Why business are collapsing, relocating – ISSER reveals
The depreciation of the Ghanaian Cedi has significantly impacted the country's economic landscape, leading to labour agitations, the collapse of some businesses, and the...
Fisherfolks in James Town experience bumper catch
Fisher folks in James Town, an indigenous Ga fishing town in the city of Accra have been experiencing bumper catch after the ban on...
MTN’s half year revenue hits ₵8.1bn, representing 31.1% jump
Telecommunications company MTN Ghana has recorded an increase in revenue of ₵8.1 billion for the first half of 2024.This represents a 31.1 percent jump...
Fitch projects low risk of policy deviation ahead of 2024 elections
Despite historical trends of fiscal slippages during election years, ratings agency Fitch is projecting a low risk of policy deviation ahead of the December...
Gold Coast customers threaten nationwide protests if…
The leadership of the Aggrieved Gold Coast Customers has warned of a series of nationwide protests if the Minister of Finance, Dr. Mohammed Amin...
Mahama promises to establish farmer service centres
A future NDC government led by John Dramani Mahama is expected to create Farmer Service Centers across the country to offer support to growers.This...
Government hasn’t employed any pharmacists in permanent jobs since 2020 – Pharmaceutical Society
The President of the Pharmaceutical Society of Ghana, Pharm Dr. Samuel Kow Donkoh, has revealed that the last time the government employed pharmacists in...
Access Bank named Ghana’s best bank for ESG in 2024
Access Bank (Ghana) Plc has been adjudged Ghana’s Best Bank in Environmental, Social, and Governance (ESG) at the 2024 Euromoney Banking Awards for Excellence...
Parliament unaware of plans to lease Komenda Sugar Factory – Yussif Sulemana
The Ranking Member on the Trade and Industry Committee of Parliament and Member of Parliament for Bole Bamboi, Yusif Sulemana, has raised concerns about...
Warnings about fate of Ghana’s economy post IMF programme legitimate – Vish Ashiagbor
The Country Senior Partner at Price Water House Coopers (PwC) Ghana Vish Ashiagbor has justified the concerns expressed by some Ghanaians about the fate...
Komenda residents threaten to protest over proposed Sugar Factory lease
Residents of Komenda in the Central Region have vowed to protest against the government’s plan to lease the Komenda Sugar Factory to a private...
Ghana Link’s executives shine at National Governance & Business Leadership awards
Ghana Link Network Services Limited, a leading trade facilitation company, made a strong showing at the 4th National Governance & Business Leadership Awards, with...
Ghana Shippers Authority engages trade Associations on new law implementation
The Ghana Shippers Authority has held a stakeholder engagement with a cross-section of trade Associations to discuss the operational framework of the newly passed...
Fuel prices drop by 2 percent; petrol at ₵14.2, diesel ₵13. 65 a litre
Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products in line with expected adjustments at the pumps.Star Oil has taken the...
Nkwanta Thursdays market opens
In a significant boost to the local economy, the Nkwanta South market in the Oti Region has officially opened its doors for an additional...
Gold exports to hit US$10bn by end of 2024 – Minerals Commission CEO
Gold exports jumped to a record gold in the first half of 2024.According to the Chief Executive Officer of the Minerals Commission, Martin Ayisi...
MTN records GH¢2.33bn profit, subscribers hit 28.4 million
MTN Ghana recorded a profit of GH¢2.33 billion in the first half of 2024, about a 36% year-on-year increase.According to its unaudited financial statement,...
MTN Ghana calls for collaboration amongst SMEs and key players
MTN Ghana, in partnership with Keynote Africa, organised the 2024 Africa Business Innovation Forum, which brought together small and medium-sized enterprises (SMEs) to discuss...
Akufo-Addo inaugurates GNPC Operational Headquarters in Takoradi
In a landmark event that signifies a monumental step forward for Ghana’s oil and gas industry, President Nana Akufo-Addo officially commissioned the new Operational...
Ghana Shippers’ Authority Bill, 2024, approved by Parliament
Parliament has successfully passed the Ghana Shippers' Authority Bill, 2024, into law following its third reading on the floor of the House on Monday,...
Cost of financial sector clean-up to rise to GH₵34 billion
A report from Parliament indicates that the cost of the financial sector clean-up could rise to GH₵34 billion.This comes after Parliament recommended that the...
Indian-based firm to operate Komenda sugar factory under long-term lease
The government has announced plans to lease the Komenda Sugar Development Company Limited to West Africa Agro Limited, an Indian-based firm, for a renewable...
Ambulance after-sales service: Service Ghana Auto reacts to “utterly false” allegations
Service Ghana Auto Group Limited (SGAGL) has strongly refuted allegations about its after-sales service and maintenance contract for 307 ambulances, describing the claims as...
Ghana CEO Awards honors Dr. Nick Danso Adjei with dual recognition
Executive Chairman of Ghana Link Network Services Limited, Dr Nick Danso Adjei has been awarded two prestigious titles at the third edition of the...
BoG acted rightly in disapproving Smith-Graham’s appointment as UMB Board Chair – Court
The High Court presided over by Justice Nana Brew dismissed an application for judicial review filed by George Smith-Graham, a former director of UMB...
BoG’s independence should remain a priority – IMF to government
The International Monetary Fund (IMF) wants the adoption by Cabinet of the amendments to the Bank of Ghana Act to remain a priority to...
Mordecai Quarshie writes: Ponzi schemes, economic independence and Bawumia
I associate with Kwaku Kwarteng (MP)’s main thrust in his article, ‘To Break the Eight, We Must First Break the Norm.’At the heart of...
Forex Bureaux to verify Ghana Cards, Passports before transactions effective August 1
The Bank of Ghana has announced an update to its foreign exchange trading system, introducing a centralised platform aimed at ensuring the integrity and...
BoG’s forex trade measures won’t yield results in stabilizing cedi – Bokpin
Economics Professor, Godfred Bokpin is warning that the new measures by the Bank of Ghana (BoG) to clamp down on black market operators in...
Prof Bokpin questions government’s claims of recovery amidst growing hardships
A finance and economics expert at the University of Ghana, Professor Godfred Bokpin, has questioned the government over the real magnitude and impact of...