BoG lowers policy rate to 22.5 per cent
The Monetary Policy Committee has reduced the policy rate by 100 basis points to 22.5 per cent, citing lower risk to inflation and growth."The...
Uber killing our business- Taxi drivers cry out
The successes of the Uber commercial transport services, in Ghana has angered some taxi drivers who think that Uber was taking away their business.The...
Public debt hits GH¢127.1bn
A summary of Economic and Financial data from the Bank of Ghana (BoG) has revealed that Ghana’s total public debt stock has increased to GH¢127.1billion...
Ghana Export Promotion Authority targets $4 billion in 2017
The Ghana Export Promotion Authority (GEPA) is targeting $4 billion in non-traditional export (NTEs) earnings for 2017.The target represents a big leap from the...
GOIL pays Ghȼ0.025 to shareholders as dividend
The Board of Directors of Ghana Oil Company Limited (GOIL) has recommended a dividend payment of Ghȼ0.025 per share this year, which was unanimously...
Veep promises to establish cement factory at East Mamprusi
Vice President Alhaji Dr Mahamadu Bawumia has assured the people of the East Mamprusi District that government would work to get investors to establish...
FDA approves Adonko Bitters TV advert
The Food and Drugs Authority has given clearance to producers of Adonko Bitters to proceed with television advertisement of the alcoholic beverage.This was after...
PURC to intervene in Akosombo ECG meter brouhaha – VRA
Volta River Authority (VRA) says Public Utility and Regulatory Commission (PURC) will be needed to help find a lasting solution to several meter complaints...
Kwamena Bartels assumes chairmanship of GOIL Board
The Shareholders of the Ghana Oil Company Limited (GOIL) has affirmed Peter Kwamena Bartels, a former Minister of the Interior as the Chairman of...
Enough fertilizers for cocoa farmers- Cocobod CEO assures
The Chief Executive Officer of COCOBOD, Mr Joseph Boahen Aidoo, has assured cocoa farmers that there is enough fertilizers for the farming season although...
Genevieve Basigha wins MTN Heroes of Change 3
Speech and hearing impaired lady, Genevieve Basigha who has established a special school at Obuasi to assist deaf and dumb children with education emerged...
Ghana’s debt hit GHc129.5bn – BoG
Ghana’s public debt has reached GHc129.5 billion according to Bank of Ghana’s Summary of Economic and Financial Data issued Friday May 19, 2017.This represents...
aYo, MTN partner to deliver Mobile Insurance
aYo Holdings and Metropolitan Life Insurance Ghana in partnership with MTN Ghana, have launched a new micro-insurance product dubbed “Send with Care” for Mobile...
Gov’t seeks $1bn private capital injection for ECG,others
To end the country’s erratic power distribution and billing system, government says it needs over US$1billion capital, which it seeks to realise from the...
GRA rakes in GHȼ7.4 billion in three months
The Ghana Revenue Authority (GRA) collected a total of GHȼ7.4 billion in the first three months of the year, the Commissioner General, Mr. Emmanuel...
Multi-TV Habitat Fair 2017 Launched
The 2017 edition of the Multi TV Habitat Fair has been launched at the Alisa hotel in Accra.The Multi TV Habitat Fair which is...
ECG continues to reel under GH¢1.6bn gov’t debt
Data from the Electricity Company of Ghana indicate that government still owes the company an outstanding amount of GH¢1.6bn, in unpaid bills and subsidies,...
Government’s debt to ECG hits 1.6 billion cedis
Government’s total indebtedness to the Electricity Company of Ghana (ECG) has hit GH¢1,599,800,195 as at March 2017.The figure increased from the GH¢1,390,966,034 recorded as...
NDC strategy collapsed IMF program – Kwaku Kwarteng
A Deputy Finance Minister, Kwaku Kwarteng, has blamed the past NDC government for what he says is the failure of the economic assistance program...
COCOBOD subsidises fertiliser for cocoa farmers
Ghana Cocoa Board (COCOBOD) has announced to subsidise the price of purchase of fertilisers for the cocoa farmers across the country which began in May...
Poultry farmers threaten to sell flu infected birds
Poultry farmers across the country have threatened not to report any cases of bird flu incidence on their farms for fear that their birds...
Debt levels decline to 62% of GDP
The Finance Minister, Ken Ofori-Atta, has disclosed that the country’s debt, as a percentage of GDP, has declined from the 73 percent recorded last...
Gov’t has saved GH¢612m by debt re-profiling – Finance minister
The move to re-profile the country’s debt has saved the nation GH¢612million, Ken Ofori-Atta, the Finance Minister, has said.“Our potential savings on domestic interest...
Financier of poultry project under Mahama demands GHC9m from Agric Ministry
A financier in a failed Presidential Special Initiative under the Mahama administration is demanding repayment of about GHC9 million from the government.Boris Baidoo said...
Fiscal discipline key to sustained economic dev’t -Bawumia
The Vice President Dr. Mahamudu Bawumia has stated that maintaining fiscal discipline is critical to ensuring sustained economic growth.According to the governing New Patriotic...
SMSGH now Hubtel
Bulk SMS provider, SMSGH has unveiled their new name as part of recent rebranding activities in truly regal fashion.At a ceremony held at the...
Finance Minister apologises to workers declared ghosts
Finance Minister Ken Ofori-Atta has apologized to all public sector workers whose names were mistakenly removed from government’s payroll.A few weeks ago, the government...
2016/2017 cocoa buying season ends on Thursday – COCOBOD
The Ghana Cocoa Board said the purchase of the 2016/2017 Main Crop Cocoa Season will end at the close of business on Thursday, May...
Put in measures to stabilize inflation – Government urged
Following the rise in inflation from 12.8% in March to 13% in April 2017, some economists have advised government to put in measures to...
Police arrest two over blacklisted MMM microfinance
At least two persons have been arrested by the Police for allegedly luring some unsuspecting persons to subscribe unto the operations of MMM.The arrest,...
Business cost to reduce at ports
The Commissioner of the Customs Division of the Ghana Revenue Authority (GRA), Isaac Crentsil, has assured businesses that his outfit will ensure reduction in...
FDA lifts ban on Adonko bitters
The Food and Drugs Board (FDA) has lifted the indefinite ban placed on the Angel Group of Companies, producers of Adonko Bitters.In a letter...
Locally produced cooking oil can manage diabetes
Various types of vegetable oil produced in Ghana have potential to manage diabetes in human beings.That’s according to scientists at the Kwame Nkrumah University...
Ministry of Finance announces fresh appointments
The Ministry of Finance has appointed new officers to key positions in the Ministry in a bid to help push the reforms the government...
Airtel Ghana extends ‘Wo Mmere Nie’ promotion to reward millions of customers
Airtel Ghana, the Smartphone Network has announced an extension in its groundbreaking Wo Mmere Nie promotion to further reward millions of customers.The promotion is...
Malls are a ready market for made-in-Ghana products – Kofi Sekyere
Chairman of Kumasi City Mall, Kofi Sekyere has said it is about time Ghanaians saw shopping malls as potential markets for locally produced and...
Finance Ministry’s budget director sacked
Sampson Asare Fianko, Director of Budget at the Ministry of Finance, has been relieved of his post, BUSINESS GUIDE has learnt.Mr Fianko would be...
We’ve a laser focus on the economy – Bawumia
Government has begun the implementation of policies and programmes designed to make Ghana the most business-friendly country in Africa, the Vice President Dr. Mahamudu...
Inflation rate for April inches up to 13 per cent
The year-on-year inflation rate went up slightly in April to 13.0 per cent, up by 0.2 percentage points, compared with the 12.8 per cent...
Akufo-Addo calls for increase in sale of Ghanaian goods at Malls
President Nana Addo Dankwa Akufo-Addo, has indicated that it is his hope that the newly launched Kumasi City Mall will not be a place...