BoG to continue policy rate cut – Fitch report
The Bank of Ghana (BoG) will continue its easing cycle, Ratings Agency, Fitch has stated in a report, adding the regulator will review downwards...
Local fuel prices to go up; IES projects
The second pricing window for May 2017 saw all Oil Marketing Companies (OMCs) reviewing pricing at the pump downwards by an average of 1.39%...
Ghana lost USD 1 billion in revenue generation due to falling of world cocoa price
Board Chairman of the Ghana COCOBOD, Hackman Owusu-Agyeman has revealed that Ghana has lost a total amount of USD$1 billion dollars in revenue generation...
Forbes 2017 Billionaires List: Meet richest people on the planet
It was a record year for the richest people on earth, as the number of billionaires jumped 13% to 2,043 from 1,810 last year,...
Fuel prices to go up
The price of fuel at the pumps is expected to experience an increase in the first fuel pricing window beginning June 1.This was revealed...
Ghana’s mortgage cost the highest in the world- Dr. Bawumia
The Vice President Dr. Mahamudu Buwumia has bemoaned the cost of mortgage houses in Ghana describing it as the highest mortgage to income ratio...
Safaricom planning to expand M-Pesa mobile money across Africa
Safaricom is planning to take its successful mobile money service M-Pesa across Africa after building a dominant home base in Kenya and presence in...
The Construction Bank to give relief to real estate sector
Although it will be the first bank to focus on financing to the construction and the real estate sector since the collapse of the...
Audio: Gov’t to issue $2.5 billion bond to retire energy sector debt
Government will soon issue a $2.5 billion bond to retire the legacy debt in the energy sector considered the biggest threat to the economy.The...
Ghana signs Agric industrialization deal with India
Thirteen African countries including Ghana have signed series of partnership agreements with India to enhance the supply of agricultural machinery, credit advancement to farmers...
COCOBOD failed farmers – World Bank report
A World Bank report says the Ghana Cocoa Board (COCOBOD) has failed in stabilising farm gate prices at levels that permit farmers to earn...
ECG seizes 800 fake metres in Kumasi
Eight hundred fake electricity metres have been seized by the Electricity Company of Ghana (ECG) in Kumasi.According to the Ashanti Regional Public Affairs Director,...
Accra Mall Shoprite now deathtrap – Experts
The Shoprite supermarket at the Accra Mall has become an apparent deathtrap to hundreds of customers following the mounting of scaffolds for an ongoing...
Farmers cry out over fall army worm outbreak
Maize farmers in the Brong Ahafo Region are counting losses after fall army worms invaded their farms – laying waste to thousands of hectares...
Army worms attack: 18,200 hectares of maize farm destroyed
The devastation caused by fall armyworms has affected 18,219.07 hectares of maize farms as at Friday May 26, 2017.So far, nine regions have been...
Elmina gets $7.48m fish processing plant
A $7.48 million turnkey fish processing plant has been commissioned at Elmina in the Komenda-Edina-Eguafo-Abram (KEEA) Municipality of the Central Region to help reduce...
Audio: NPA impounds substandard fuel in Western region
The National Petroleum Authority (NPA) has confiscated 10,000 litres of diesel in its latest crackdown on vendors of poor quality fuel in the Western...
Fuel smuggling: Ghana lost $150m in 2 months
Ghana lost over $150 million to fuel smuggling in September and November 2016, the Executive Secretary of the Chamber of Petroleum Consumers has said.Duncan...
Audio: Somanya residents clash with ECG workers over ‘killer’ bills
Some residents of Somanya in the Eastern region have clashed with workers of the Electricity Company Ghana (ECG) in the area over billing disagreements.The...
Three Nigerian scammers jailed 235 years
A Nigerian astronaut has been trapped in space for the past 25 years and needs $3 million to get back to Earth, Can...
Ecobank, Mastercard partnership recognised at African Banker Awards
The strategic partnership between the Ecobank Group and Mastercard was recognised at the 2017 African Bankers Awards for ‘Innovation in Banking'.The landmark deal between...
Gov’t supports regulatory body for contractors
The government has pledged its commitment to support the establishment of a regulatory body for the construction industry.The regulatory body, which would be known...
Factory prices drops to 4.8 %
Year-on-year inflation in ex-factory prices of goods and services was 4.8 percent for April 2017.This rate represents a 1.2 percentage points decrease in producer...
MANTRAC Management violate workers’ rights again
The long standing impasse between Mantrac Ghana workers and Industrial and Commercial Workers Union (ICU) is back again with the Mantrac management being accused...
Tension mounts as Akosombo residents plan of second demo against VRA
Residents of Akosombo and its environs in the Eastern region are planning to hit the streets again to protest against Volta River Authority (VRA)...
BoG sets GH¢200m capital for banks
The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July this year, following extensive...
ECG deal set for Sept, 2018
All things being equal, by the end of 2018, the distribution business of the Electricity Company of Ghana (ECG)
will be fully handed over to...
GCIC admits 11 entrepreneurs into business incubator
The Ghana Climate Innovation Centre (GCIC) has admitted its first group of 11 entrepreneurs into its business incubator at the Ashesi University College.The 11...
Six companies shortlisted to bid for ECG concession
The Millennium Development Authority (MiDA) has shortlisted six applicant companies under the concession for the Private Sector Participation (PSP) in the electricity distribution of...
Let’s tap sports for economic growth – CDH Boss
The Group Chief Executive of CDH Financial Holdings Limited, Emmanuel Adu-Sarkodee, says the time is due for Ghana to strategise and tap into the...
Fan Milk launches Fanmaxx
Fan Milk Ghana today launched FanMaxx, a new, creamy drinkable yoghurt, . Fan Milk Ghana is the first to produce this innovative yoghurt experience...
GSA kickback report embarrassing; Crentsil must confess- PRO
The Public Relations Officer of the Ghana Standards Authority has described as "shameful and embarrassing," findings of an investigative committee claiming that the immediate...
Harnessing the power of technology to benefit African tourism businesses
With an internet penetration rate of approximately 27% in Africa, there is yet a lot to be achieved; but this is an opportunity for...
ATL to be revived under one district, one factory policy-DCE assures
Asuogyaman District Chief Executive, Samuel Kwame Agyekum has indicated one of his priorities is to revive Akosombo Textile Ltd (ATL) which has been struggling...
Illegal miners smuggled $7bn worth of gold
More than $7 billion worth of gold obtained from illegal mining activities was smuggled from the country in 2016 alone, a Deputy Minister of...
Non-traditional exports dip by 2.3%
Non-traditional export earnings dipped by 2.3percent from January to December 2016, for the first time in five years, putting a damper on a five-year...
Go into farming – Mahama to African youth
Ghana’s former president John Mahama believes there is more to earn in the farming sector, especially for the African youth.Describing farming as a “cool”...
Ministry of Trade buys Kantanka vehicle
The Katanka Group, a local automobile manufacturing company, plans to capture the local market before making inroads into the international scene.The move is to...
‘Cool Agriculture’ will attract African youth – Mahama
Former President Mahama says Africa needs its educated youth who can understand the principles of increased agricultural productivity to participate in the sector.He said the bane...