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Petrol price to go up 2%, LPG by 5% – IES

The price of petrol is expected to go up by 2.0% from July 1, 2024, for the next two weeks, the Institute for Energy...

We mustn’t downplay the importance of debt restructuring – Danquah Institute

Economist and Director of Research at the Danquah Institute, Dr Frank Bannor says the debt restructuring was important to boost the economy.His remarks follow...

End of debt restructuring will unlock more multinational financing – Theo Acheampong

Political risk analyst, Dr Theo Acheampong has projected positive results in the future as debt restructuring ends.He believes the indicators so far point to...

IMF: Thanks for your patience – Finance Minister to Ghanaians as government anticipates $360m

The Finance Minister has expressed his appreciation to Ghanaians as the country navigates the conditionalities in securing the results of the International Monetary Fund...

Energy Minister calls on global investors to invest in Ghana’s energy sector

The Minister of Energy, Dr Matthew Opoku Prempeh, has urged global energy leaders and experts to invest in Ghana's energy sector, which is being...

IPPs Chamber rejects Finance Minister’s haircut claim

The Chief Executive Officer of the Chamber of Independent Power Generators, Ghana (IPPS), Dr. Elikplim Kwabla Apetorgbor, has dismissed the Minister of Finance, Dr....

Ghana’s national airline efforts stalled

Ghana’s efforts to establish a national airline has hit a snag as officials struggle to complete the necessary processes to start operations before the...

SSNIT ordered to suspend Rock City investment plans

The National Pensions Regulatory Authority (NPRA) has ordered the Social Security and National Insurance Trust (SSNIT) to halt plans to involve Rock City Limited...

Payment of cash grants to LEAP beneficiaries will not delay any longer – Gender Minister assures

The Minister of Gender, Children and Social Protection, Dakoa Newman, has assured beneficiaries of the Livelihood Empowerment Against Poverty (LEAP) program that the payment...

IMF commends Ghana’s economic strategy, releases $360 million in latest review

The Executive Board of the International Monetary Fund (IMF) had just wrapped up their second review of Ghana’s US$3 billion, 36-month Extended Credit Facility...

Photos from 1st mini-fair of Ecobank-JoyNews Habitat Fair

The first mini-fair of the Ecobank-JoyNews Habitat Fair commenced on Friday, June 28, 2024, at the Achimota Mall in the Greater Accra region.The exhibition...

Bank of Ghana to issue climate risk directive to commercial banks

The Bank of Ghana (BoG) has completed a draft document on climate risk assessment to be issued to the commercial banks operating in the...

NPRA directs SSNIT to suspend Hotel sale negotiations with Rock City

The National Pensions Regulatory Authority (NPRA) has instructed the Social Security and National Insurance Trust (SSNIT) to halt its current negotiations with Rock City...

We’ve gone past the era of price controls – GNCCI President tells Trade Minister

The President of the Ghana National Chamber of Commerce and Industry (GNCCI), Dr Clement Osei Amoako has appealed to the Minister of Trade and...

GCB Bank PLC posts strong financial performance in 2023

Ghana Commercial Bank PLC has reported a remarkable financial performance for the 2023 fiscal year, showcasing resilience and a robust recovery following the Domestic...

Cement prices to go up amid L.I debate

Amid an intense debate over a proposed legislative measure led by Ghana’s Trade and Industry Minister, K.T. Hammond, aimed at regulating cement prices, cement...

Cedi to stabilise against dollar from July after debt restructuring deal – Dr. Adu Sakordie

Economist, Dr. Adu Owusu Sakodie has said he expects the cedi to make some gains from July this year following the conclusion of the...

We have gone past era of price controls- GNCCI President tells Trade Minister

The President of the Ghana National Chamber of Commerce and Industry (GNCCI), Dr. Clement Osei Amoako has appealed to the Minister of Trade and...

Why is the price control L.I for cement only? – John Gatsi quizzes

The Dean of the University of Cape Coast Business School, Professor John Gatsi, is questioning the rationale behind establishing a legislative instrument specifically aimed...

Fuel prices to go up July 1 – COPEC

The Chamber for Petroleum Consumers (COPEC) has projected a rise in fuel prices for the first pricing window of July 2024.According to COPEC, retail...

First mini fair of Ecobank-JoyNews Habitat Fair commences today at Achimota Mall

The first mini-fair of the Ecobank-JoyNews Habitat Fair will start today, Friday, June 28, 2024, at the Achimota Mall in the Greater Accra region.The...

Ghana’s economy will not return to pre-pandemic average growth rate of 5.3% in 2025

Ghana’s economy will not return to the five-year pre-Covid-19 pandemic average growth rate of 5.3% in 2025According to Fitch Solutions, this is due to...

CalBank announces discontinuation of legal action against bank’s GH¢600m Rights Issue

CalBank Plc has informed its shareholders that the legal challenge to its GH¢600 million Rights Issue has been discontinued.This development follows an injunction placed...

Borrowers urged to promptly repay loans to safeguard Ghana’s financial ecosystem

A Senior at the Assurance Unit of Deloitte Ghana, Kwame Osei Bonsu, is cautioning businesses and borrowers to promptly repay their loans acquired from...

Tanzania Economic and Finance Stakeholders call for continental adoption of GEXIM’s Tuesday market

A team of Economic and Finance experts from the United Republic of Tanzania currently visiting the country have made a call on African leaders...

Remittances: Ghana places 2nd in Sub-Sahara Africa with $4.6bn in 2023 – WB Report

Ghana emerged as the second-largest recipient of remittances in Sub-Saharan Africa in 2023, receiving an estimated $4.6 billion, according to the World Bank's 2024...

Government increases grants for LEAP beneficiaries, announces date for disbursement

The Ministry of Gender, Children and Social Protection (MoGCSP) has announced an increase in cash grants for beneficiary households under the Livelihood Empowerment Against...

Trump scores debate points as Biden stumbles on key issues

Before Thursday evening, many Americans had expressed concerns about Joe Biden’s age and fitness for office. To say that this debate did not put those...

From riches to rags: Ex-millionaires share their downfall stories

Reaching millionaire status is a feat people dream of achieving.But unfortunately, having millions of dollars doesn't mean you're invincible, as evidenced by redditor u/HypnoticMushrooms,...

Minority to oppose new L.I. seeking to regulate cement prices

The Minority in Parliament has voiced strong opposition to the proposed Legislative Instrument (LI) aimed at regulating cement pricing in Ghana.This LI, sponsored by...

Dog meat sellers lament price hike

Dog meat sellers at the Konkomba market in Accra have expressed worry over the increasing cost which is affecting their businesses.In an interview with...

5% tax on plastics a good way of tackling plastic pollution – Kwame Ofori

Environmental advocates are lauding the proposed five per cent tax on locally manufactured plastic products, believing it will help address the issue of plastic...

Dog meat sales decline in Sunyani market

Dog meat sellers in Sunyani Nana Bosoma market in Bono region are recording low sales.This, according to them is due to the high prices...

BoG reviews rules covering advance payments for imports

The Bank of Ghana (BoG) has reviewed rules covering advance payments for imports of goods and services to the country.This was contained in a...

ADB MD lauds government’s accelerated Financial Inclusion agenda

The Managing Director of the Agricultural Development Bank (ADB) PLC, Alhassan Yakubu-Tali has emphasised the need to speed up financial inclusion through digitalisation.This, he...

Don’t blame me for the decline in cocoa production and low yield – COCOBOD CEO

Chief Executive Officer of Ghana COCOBOD, Joseph Boahen Aidoo, has addressed calls for his resignation for the decline in cocoa production and low yields.He...

Increase ¢1.5bn bailout – Aggrieved Gold Coast Fund customers appeals to govt

Customers of the Aggrieved Customers of defunct Gold Coast Fund Management (ACGCFM) have lauded the steps initiated by the government to pay victims of...

Bill to regulate cement prices will be passed before Parliament adjourns – Trade Minister

Trades and Industry Minister, KT Hammond, says he will disregard the Chamber of Cement Manufacturers petition to delay the implementation of a legislative instrument...

Ghana places 2nd in remittances to Africa in 2023

Ghana placed 2nd in remittance flows to Africa in 2023, the World Bank has revealed in its 2024 Migration Development Report.The country recorded $4.6 billion...

Government calls for investment in electric vehicles

Minister of Transport, Kwaku Ofori Asiamah, has called on Bolt and other transport companies to invest in the Electrical Vehicle (EV) space.He called for...