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GUTA not satisfied with mid-year budget review

The Ghana Union of Traders Association (GUTA) has expressed dissatisfaction with the mid-year budget review presented at Parliament on Monday, by Finance Minister, Mr Ken...

Inflation drops to 12.1% in June 2017

Ghana’s inflation rate for the month of June 2017 has dropped significantly to 12.1 percent. Since the last Monetary Policy Committee (MPC) meeting, headline inflation...

Importers to clear goods in 4 hours at Ghana's ports- Bawumia

Importers will from September 1, 2017, spend at most four hours to clear their goods from the various ports in the country, the Vice...

Oil hits two-month high

Oil climbed towards $53 a barrel on Tuesday, reaching a two-month high, supported by signs that a persistent supply glut is starting to ease...

Ghana’s economy now in reverse gear – MP

The Member of Parliament (MP) for Bolgatanga Central, Isaac Adongo is claiming that Ghana’s economy has taken a backward turn and is in a...

GDP hits 6.6%

The Akufo-Addo-led government was able to achieve a real Gross Domestic Product (GDP) of 6.6 percent in the first quarter of 2017, Finance Minister...

Finance minister has revised 'Asempa' budget to 'asembone budget'

Former deputy Finance minister Ato Forson says government's revision of some of the targets in its 2017 budget portends bad news for the Ghanaian...

FULL TEXT: Finance minister presents mid-year budget review

Finance minister Ken Ofori-Atta has presented government's reviewed budget for 2017 as required by the Public Financial Management Act. SECTION ONE: INTRODUCTIONRight Honourable Speaker...

Over 500,000 jobs to be created for galamseyers – Ofori-Atta

The government has announced that over 500, 000 jobs will be created for the youth who are being stopped from the illegal mining business...

Economy worse than captured in 2017 budget but…- Ofori-Atta

The Finance Minister has said the updated figures received from the Ghana Statistical Service showed the economy was far worse than estimated in the...

Confidence in Ghana’s economy bouncing back – Ofori-Atta

Finance Minister Ken Ofori-Atta has said confidence in the Ghanaian economy is bouncing back following prudent policies being pursued by the Akufo-Addo government. According to...

NPA warns defaulters

In the wake of the petroleum-related fire accidents which have led to the loss of lives and valuables worth millions of Ghana cedis across...

3% VAT flat rate will not increase prices – GRA

The Ghana Revenue Authority (GRA) has clarified that the 3% VAT flat rate will not increase cost of goods imported into the country. The GRA...

Finance Minister presents mid-year budget review today

Finance Minister, Ken Ofori Atta, will present his midyear Budget Review and Economic Planning to Parliament Monday, July 31, 2017. The presentation is in fulfilment...

Agric Minister denies blowing ¢20M on wrong armyworms chemicals

The Food and Agriculture Minister has denied reports in the media that the Ministry had blown a whopping ¢20 million on chemicals in dealing with the...

Fertilizer smuggling in Upper East is worrying – DCE

Zubieru Abduliah, the District Chief Executive (DCE) of the Pusiga District, has expressed concern at the increasing rate of fertilizer smuggling and urged dealers...

Gov’t gets GHS1.5bn from sale of 5-year bond

The government has successfully raised GHS1.49 billion through the sale of a five-year bond. The bond was oversubscribed by 12.86 per cent as bids totalled...

MTN's Mohammed Rufai is GITTA CTO of the year

Chief Technical Officer of MTN Ghana, Mohammed Lawal Rufai has been adjudged the Chief Technology Officer (CTO) of the Year at the 2017 Ghana...

Be careful of demons – Kwesi Botchwey cautions government

Former Minister of Finance and Economic Planning, Dr. Kwesi Botchwey, has advised current managers of the Ghanaian economy to be careful of demons that...

Cabinet Approves establishment of Electricity Market Oversight Panel

Ghana’s electricity sub-sector will soon have an oversight body regulating its activities, as envisaged in a Legislative Instrument passed by Parliament in 2008. Officials of...

Army worm: Agric Minister's victory comment doubtful – Joe Jackson

Economist, Joe Jackson, has said it was out of place for the Minister of Food and Agriculture Dr Owusu Afriyie Akoto to have declared...

Farmers dispute Minister's claim that fall army worms have been defeated

The Northern Regional Focal Person for the Peasant Farmers Association, Marteen Alhassan, says though some gains have been made in the fight against the...

Moody's: BoG policy rate cut is credit positive for banks

The rating agency Moody’s says the 150 basis points policy rate cut by the Bank of Ghana last week is credit positive for the...

The perfect jobs for travel enthusiasts

Is travel your everyday dose? Then, you must know that some jobs have a restricting nature that would restrain you from actively living that...

Capital Bank introduces instant inter-bank transfers on ATM

Customers of Capital Bank now have the opportunity to transfer cash from the bank’s ATM to any other bank in Ghana instantly. The service, the...

‘Galamsey’ threatens cocoa seedling production

Activities of illegal miners, who use hazardous chemicals in their operations, have made River Birem unsuitable for irrigation purposes, threatening the production of cocoa...

Gold pushes June PPI to 3.6%

The Producer Price Index (PPI) which measures the average change over time in the prices received by domestic producers for the production of their...

Importers abandon business over high taxes

A significant number of importers in Ghana are abandoning their operations over the increasing number of taxes charged at the country’s ports coupled with...

Moody's: BoG policy rate cut is credit positive for banks

The rating agency Moody’s says the 150 basis points policy rate cut by the Bank of Ghana last week is credit positive for the...

Hot audio: Fall armyworms have been defeated – Agric Minister

The Agriculture Minister says government has eliminated the fall armyworm which ravaged over 112,000 hectares of farms across the country. Dr. Akoto Owusu Afriyie explained...

Gov’t advised to channel grants and loans to credit unions

Government has been advised to channel its resources, grants and loans through the credit union to achieve their objectives especially in terms of loans...

Local banks beg gov’t over single treasury

Indigenous banks in the country have indicated that even though they accept government’s moves to consolidate its accounts via the Treasury Single Account (TSA),...

Banking sector well capitalized – BoG

Even before it releases its July 2017 Banking Sector Report, the Bank of Ghana (BoG) says the banking sector remains sound, well capitalised and...

Hunger looms in Ghana

Ghana is most likely to suffer food shortage this year, due to the devastation caused by fall armyworms, leaving 18,219.07 hectares of maize farms...

Ghana’s trade surplus hits 1.4 billion dollars – BoG

New figures from the Bank of Ghana have shown that Ghana’s total balance of trade recorded a surplus of 1.429 billion dollars as at...

Google maps: Can you find a better travel assistant than this?

Destination: On route to Lingbinsi in North Gonja District of the Northern Region of Ghana. What for? Well, I will let you know in a...

GWCL’s e-billing system to cover all telcos by August

Beginning next month, customers of Ghana Water Company Limited (GWCL) can pay their water bills on all telecommunication network, as the company continues its...

Gov’t urged to channel support through credit unions

The government has been advised to channel its resources, grants and loans to Ghanaian businesses through credit unions to achieve their objectives. Volta Region Chairman...

Lack of education on ‘planting for food and jobs’ disturbing – Farmers

Some farmers in the country are demanding further consultations in determining the required procedures to participate in the planting for food and jobs initiative. The...

Finance Minister reschedules mid-year review presentation to July 31

Finance Minister Ken Ofori-Atta has rescheduled his presentation of the mid-year review to Monday July 31. The minister was initially expected to have carried out...