Gov’t has never been broke until DDEP – Alhassan Andani
Former Stanbic Bank CEO Alhassan Andani expressed profound disappointment over Ghana’s recent financial trajectory, saying the government’s declaration of the Domestic Debt Exchange Programme...
‘GRA has become like a terrorist organisation’ – Alhassan Andani critiques tax regime
A former CEO of Stanbic Bank, Alhassan Andani, expressed sharp criticism of the tax administration, describing the Ghana Revenue Authority (GRA) as operating like...
VP Bawumia launches Credit Scoring System for Ghana
The Vice President and Presidential Candidate of the NPP, Dr Mahamudu Bawumia, has launched myCreditScore, a personalised credit reference and scoring system for Ghanaians. Backed...
Inflation for October up slightly to 22.1%
According to government statistician Prof. Samuel Kobina Annim, the inflation rate for October 2024 has slightly increased to 22.1%, up from 21.5% in September.Speaking...
Papa Kwesi Nduom to hold “Bring Back GN Bank” rally in November
Progressive People's Party (PPP) founder and leader, Papa Kwesi Nduom, has announced plans to hold a rally at the end of November, urging authorities...
Ghana and EU sign agreement to allow Ghana to issue Africa’s first timber legality licenses
In a historic move, Ghana and the European Union formalized an agreement in Accra on November 6, 2024, positioning Ghana to become the first...
New oil wells boost Ghana’s petroleum revenue to record level
The commencement of new oil wells under the Jubilee South East project has significantly boosted Ghana’s crude oil production.This has led to a 10.7...
Over $14.6m, £2.4m, and GH₵167.8m found in dormant accounts at BoG – ILAPI
The Institute for Liberty and Policy Innovation (ILAPI) has revealed that the Bank of Ghana (BoG) currently holds a substantial sum in three currencies- Cedis, British...
Ghana goes live on June 30, 2025, for the issuance of FLEGT licenses – Lands Minister
The government has signed a deal with the European Union to make Ghana the first African country to issue Forest Law Enforcement, Governance, and...
Bagbin accuses Judiciary, Executive of undermining parliament’s authority
Speaker of Parliament Alban Bagbin has voiced strong concerns over what he perceives as a coordinated attempt by Ghana's Judiciary and Executive to undermine...
GIZ and partners champion inclusive business and green economy at Ghana’s first IB/IGB forum
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, in partnership with the Association of Ghana Industries (AGI) and the Ghana Enterprises Agency (GEA), has...
Chartered Institute of Insurance – Ghana holds 2024 educational conference and AGM in Ho
The Chartered Insurance Institute of Ghana (CIIG) has held its 2024 Educational Conference and Annual General Meeting (AGM) in Ho, Volta Region.The event was...
Analysts warn of continued cedi volatility amid election concerns
Market analysts are predicting ongoing volatility for the cedi, which recently surpassed GHS 17 against the US dollar amid uncertainty surrounding the upcoming general...
Masloc CEO honoured as Capacity Building Shero of the Year
The Chief Executive of the Microfinance and Small Loans Centre (MASLOC), Abibata Shanni Mahama Zakariah, has been celebrated as the “Capacity Building Shero of...
Govt successfully saved Ghana $9bn from arbitral claims – Dame
Attorney General Godfred Yeboah Dame has revealed that Ghana narrowly avoided a severe economic setback by successfully defending against arbitration claims totaling nearly $9...
Cedi records year-to-date loss of nearly 29%; one dollar now going for GH¢17.10
The pressure on the Ghana cedi continued as the local currency lost 3.95% against the US dollar in October 2024, bringing its year-to-date depreciation...
Bond Market: Volume up by 12.45% to GH¢746m
Activity in the secondary bond market rose by 12.45 percentage points to GH¢746 million last week, compared to about GH¢663 million the previous week.The...
Osman Ayariga inducted as Chartered Architect
The Deputy National Youth Organiser of the National Democratic Congress (NDC), Osman Ayariga, was inducted as a Chartered Architect on Friday, November 1.The ceremony...
Energy sector not advancing enough – ACEP
The Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, has expressed concerns over the state of the country’s energy sector.According...
Apex Health Insurance wins big at Ghana Business Awards
Apex Health Insurance, a prominent player in Ghana’s health insurance industry, has added another feather to its cap by winning the "Health Insurance Company...
Labadi Beach Hotel shines with another record-breaking dividend payout of GH¢16.5m to SSNIT
Ghana’s top five-star destination, Labadi Beach Hotel, proudly announced a milestone dividend payment of GH¢16,509,000 to its shareholder, the Social Security and National Insurance...
Sunon Asogli denies receiving $30 million payment from Controller
Independent Power Producer Sunon Asogli Power Ghana Limited has said it is yet to receive any payment from the Controller and Accountant General’s Department...
NOVA promotes green energy with donation of clean cooking stoves to food vendors
The Ghanaian oil marketing company NOVA, under the CH Group, has made significant strides in promoting green energy by donating clean cooking stoves to...
Liquidity risk remains well-contained in banking industry – BoG
The Bank of Ghana has revealed that liquidity risk remains well-contained in the banking industry, provided the Government of Ghana (GoG) bonds are liquid.According...
BoG reiterates commitment to reducing NPLs
The Bank of Ghana has emphasized its commitment to the continuous implementation of measures to reduce Non-Performing Loans (NPLs) and mitigate credit risk. This...
Trasacco Properties, Micheletti & Co begin construction on Akaya: Exclusive master-planned residences
Trasacco Properties Ltd and Micheletti & Co. Ltd have entered into a construction agreement to begin the first phase of Akaya by Trasacco, an...
Cocoa sector records unprecedented production in 2021/22 crop season – COCOBOD CEO
Ghana recorded a historic production of 1,045,000 tonnes of cocoa in the 2021/22 crop season, Mr Joseph Boahin Aidoo, the Chief Executive Officer of...
TDC Ghana Limited reports GH¢54.94m profit before tax in 2023
TDC Ghana Limited, a leading real estate company, has recorded a substantial profit before tax of GH¢54.94 million for the year 2023, representing a...
BoG to appeal court ruling on CDH Savings and Loans license revocation
Following a recent High Court decision reversing the Bank of Ghana’s (BoG) revocation of CDH Savings and Loans’ license, a BoG source has confirmed...
High Court overturns BoG’s revocation of CDH license, orders arbitration
An Accra High Court has overturned the Bank of Ghana's (BoG) 2019 decision to revoke the operating license of CDH Savings and Loans Company...
ADB temporarily closes Bawku branch amid rising security concerns
The Agricultural Development Bank PLC (ADB) has announced the temporary closure of its branch in Bawku, citing escalating security concerns in the area.In a...
You don’t have to collapse my businesses because I am your opponent – Dr. Nduom laments
The Chairman of Group Nduom and founder of the Progressive People’s Party (PPP), Dr Papa Kwesi Nduom, has lamented bitterly over the collapse of...
NGIC launches 5G services in partnership with Nokia, Radisys, and Tech Mahindra
Next Gen Infraco (NGIC) has officially launched 5G services across Ghana, joining forces with global tech leaders Nokia, Radisys, and Tech Mahindra.NGIC, the pioneering...
Cocoa farmers petition COCOBOD over persistent industry challenges
A group of Ghanaian cocoa farmers has formally complained to COCOBOD, urging the organization to address long-standing issues in the sector, including deforestation, child...
BoG Governor: Cedi set to appreciate soon, adequate buffers in place
The Bank of Ghana (BoG) says it is taking proactive measures to bolster its reserves to address the depreciation of the cedi against major...
Stanbic Youth Banking Proposition launched
As part of efforts to meets the needs of the youth, Stanbic Bank Ghana has launched a Youth Banking Proposition in Accra.This is a...
VRA staff partially suspend protests following Minister’s request to pause merger bill
The leadership of the Volta River Authority (VRA) Staff Groups has announced a partial suspension of select protest actions following recent interventions by the...
Pension funds grew by 33% in 2023 to GH¢61.8bn; Industry remains healthy – report
The Pensions Industry’s Assets Under Management (AUM) grew by 33.0% in 2023.Similarly, the Three-Tier Pension Scheme’s AUM at the end of December 2023 stood...
Ghana’s unique 5G approach: A shared network model to drive nationwide connectivity
As Ghana prepares to introduce 5G services on November 1, 2024, the nation’s approach to infrastructure is sparking interest and setting it apart on...
Don’t panic; BoG has adequate reserves to support cedi – Finance Minister assures businesses
Finance Minister Dr Mohammed Amin Adam has reassured businesses and market stakeholders, stressing that the Bank of Ghana (BoG) holds sufficient dollar reserves to...