Next government to inherit heavy debt burden – Terkper
A former Finance Minister Seth Terkper has sounded an alarm over the heavy debt burden that awaits the next government in 2024.Speaking on a...
Ghana to host inaugural Electric Revolution Africa E-mobility conference
Ghana will host the first-ever Electric Revolution Africa (ERA) E-Mobility Conference in Accra.The conference, organized by the Energy Quest Foundation in partnership with the...
COCOBOD secures $100m World Bank support for cocoa rehabilitation
The Ghana Cocoa Board (COCOBOD) has secured a US$100 million financing facility from the World Bank to rehabilitate old farms across six cocoa-growing districts...
Global Affairs Canada and Agrihouse foundation empower women in Agriculture
Global Affairs Canada has partnered with Agrihouse Foundation for the sixth consecutive year for the Women in Food and Agricultural Leadership Training Forum (WOFAGRIC)...
GIPC CEO defends removal of capital requirement for foreign businesses
The Chief Executive of the Ghana Investment Promotion Centre (GIPC), Yofi Grant has defended the centre’s recent decision to abolish the capital requirement for...
Minority threatens another demo against BoG Governor
The Minority in Parliament has threatened another massive demonstration against the Bank of Ghana (BoG) Dr. Ernest Kwamina Yedu Addison over what they describe...
GUTA demands immediate withdrawal of 5% excise tax on plastic manufacturers
The Ghana Union of Traders Association (GUTA) has called for the immediate removal of the newly imposed 5% Excise Tax on plastic manufacturing companies.The...
Speaker urges Trade Minister to withdraw cement prices L.I
The Speaker of Parliament, Alban Bagbin has advised the Trade Minister, Kobina Tahir (K.T) Hammond to withdraw the controversial Legislative Instrument (L.I) seeking to...
Licences of cement manufacturers who fail to comply with L.I to be revoked – Prof Dodoo
The Cement Manufacturing Development Committee is determined to take action against manufacturers who fail to comply with pricing requirements provided in the Trade Ministry’s...
It is criminal to add unacceptable products when manufacturing cement – GSA boss
The Director General of the Ghana Standards Authority (GSA) Professor Alex Dodoo has issued a stern warning to cement manufacturers engaging in unsafe practices.Prof...
Tell Ghanaians why you couldn’t account for over $11bn of remittances – BoG told
Banking Consultant, Dr Richmond Atuahene has insisted that the Bank of Ghana is under-reporting forex inflows from inward remittances, leaving over $11 billion unaccounted...
Government to require $600m-$800m for external debt service in 2024
The Government of Ghana would require between US$600.0 million and US$800.0 million for external debt service in 2024.Out of this, an estimated US$477.0 million...
Cement manufacturers contemplate appealing to EMT over L.I to regulate prices
The conflict over cement price regulation is escalating as manufacturers consider seeking intervention from the Economic Management Team (EMT).Dr Dawson Amoah, President of the...
Minority allows L.I. on cement pricing to be laid in Parliament
Trade Minister, K.T Hammond's controversial proposed Legislative Instrument (L.I) to regulate the cement pricing has been laid in Parliament.It is expected to become law...
My dollar advice was honest – Adongo tells Finance Minister
The Ranking Member on the Finance Committee of Parliament, Isaac Adongo has responded to the Finance Minister, Dr Mohammed Amin Adam's criticisms of his...
BoG refuses to disclose full cost of its new head office building to Ayariga; directs him to PPA
The Bank of Ghana (BoG) has declined to reveal the full cost of its new head office building to Bawku Central Member of Parliament,...
Trade Minister to lay cement price L.I after manufacturers boycotted meeting
Trade and Industry Minister, Kobina Tahir (K.T) Hammond is poised to present a legislative instrument before Parliament aimed at regulating cement prices.This is despite...
Fuel prices go up, diesel inches towards GHȼ15 per litre
Some oil marketing companies (OMCs) have started increasing fuel prices at the pump with the onset of the first pricing window in July.According to...
Cedi remains stable as foreign exchange demand eases; one dollar equals GH GH¢15.90
The Ghana cedi remained stable for the most part of last week as the foreign exchange demand eased slightly.After depreciating 0.64% day to-day and...
Prosecute persons implicated in banking sector clean up – BoG Governor to govt
The Governor of the Bank of Ghana, Dr. Ernest Addison, has called on the government to take decisive action against shareholders of banks and...
Proposed L.I to regulate cement prices may not be the solution – GREDAÂ
The Executive Secretary of the Ghana Real Estate Development Association (GREDA) has said the proposed Legislative Instrument (L.I.) for cement prices is a step...
Five cement manufacturers boycott meeting with KT Hammond
Some five Cement manufacturers on Monday boycotted a scheduled meeting with the Minister of Trade and Industry, Kobina Tahir (K.T) Hammond.The meeting was to...
Ghana Link receives notable recognition at Shippers Awards
Ghana Link Network Services Limited achieved notable recognition at the 6th Ghana Shippers’ Summit and Awards, securing three prestigious awards.The company, known for its...
Ghana Plastic Manufacturers’ Association to embark on demo
The Ghana Plastic Manufacturers Association has announced plans to stage a demonstration on Wednesday, July 10.The march is to protest the imposition of a...
Gov’t announces minimum Mango price per kilogram
The government prior to the 2024 major mango season in Ghana set the minimum purchase price of mango to be GH¢4 per kilogram, effective...
Inflation dips to 23.1% as fiscal and monetary policies take effect – Finance Minster
Ghana’s economy is showing promising signs of recovery, as evidenced by a significant decline in inflation, which dropped to 23.1% in May 2024 from...
Trade Minister rushed without addressing real issues – Cement Manufacturers
The Cement Manufacturers Association has said Trade Minister, Kobina Tahir (K.T) Hammond rushed in presenting his proposed legislative instrument(L.I) before parliament.In an interview on...
Government secures $2.8bn debt relief from bilateral creditors
The government has successfully secured $2.8 billion in debt relief from bilateral creditors, marking a significant step towards Ghana's fiscal sustainability and economic recovery.The...
Cement manufacturers accused of withholding information to address soaring prices
Chairman of a committee tasked by the Trade Minister to formulate plans to address the soaring price of cement products has accused cement manufacturers...
Full text: Finance Minister’s address on IMF deal, other issues on economy
The Finance Minister Dr Mohammed Amin Adam has given an update to Ghanaians on the economy and the International Monetary Fund (IMF) deal.This was...
We’re expecting $2.9bn from IMF, other sources to stabilise cedi – Finance Minister
Finance Minister Dr. Mohammed Amin Adam has announced that Ghana is expecting about $2.9 billion from multilateral, bilateral, and private sector financial institutions by...
LPG Marketers Association predict further hike in gas prices [Video]
https://youtu.be/0jbD1mNB30UThe Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has expressed worry people may return to the use of charcoal due to the surge...
Economy showing signs of strong recovery – Finance Minister
The Finance Minister, Dr Mohammed Amin Adam has announced that Ghana's economy is showing strong signs of recovery.At a press briefing on Monday, July...
BOST partly blamed for continuous fuel price surge [Audio]
The Institute of Energy Security (IES) has said the Bulk Oil Storage and Transportation Company Ltd (BOST) is partly responsible for the fuel price...
2024 elections: IMF concerned about impact on Ghana’s economic recovery programme
The International Monetary Fund (IMF) has expressed worry the upcoming general elections in December 2024 could pose some possible risks to gains made under...
GSA to shut down cement factories using inferior materials
The Ghana Standards Authority (GSA) is preparing to close down some cement manufacturing firms that are producing at a low quality.The move is part...
IMF: Third tranche of $360m to hit Ghana’s account today
The third tranche of the International Monetary Fund's (IMF) 360 million dollar release is expected to hit Ghana’s account today, Monday, July 1, following...
Bono farmers bemoan high cost of inputs, poor pricing of products
Farmers at a two-day Bono Regional AbinBev inputs fair held last Thursday and Friday at Wenchi have bemoaned the high cost of farm inputs...
Banks to continue to record poor loan quality in 2024 – Fitch Solutions
The majority of banks in Ghana will continue to record poor loan quality in 2024, reducing their incentive to increase lending and keeping their...
T-bills auction: Government records 12.79% oversubscription; interest rates stay unchanged
The government recorded about 12.79% oversubscription of treasury bill sales at a reduced target.According to the latest T-bills auction by the Bank of Ghana....