MTN Ghana launches nationwide network upgrade for better service and sustainability
MTN Ghana has launched a comprehensive network upgrade initiative to enhance customer experience and reduce carbon footprints nationwide.This upgrade is necessary to keep up...
Plastic manufacturers threaten to shut down
The Ghana Plastic Manufacturers Association has threatened to shut down production over the imposition of a 5% excise tax on locally produced plastic products.At...
I didn’t have to consult cement manufacturers to get L.I through – K.T. Hammond
The Trade Minister has dismissed calls by cement manufacturers for stakeholder discussions before the proposed legislative instrument aimed at regulating cement prices is placed...
Bank of Ghana increases maximum advance payment for imports to $200,000
The Bank of Ghana (BoG) has announced an amendment to the rules governing Advance Payments for imports, increasing the maximum amount permitted from $50,000...
Cement manufacturers called my bluff over pricing concerns – Trade Minister
Trade Minister Kobina Tahir Hammond revealed that the Cement Manufacturers Association of Ghana (CMAG) dismissed his directive regarding cement pricing.In an interview with Evans...
Ghana lacks indicators to assess economic turnaround – Banking consultant
Banking consultant, Richmond Atuahene says Ghana lacks indicators to assess economic turnaround.According to him, Ghana’s inflation level meets the international accounting standard classification for...
Cement manufacturers could face 3 years in jail per proposed L.I
Manufacturers of cement products could be liable to up to three years in jail if they flout certain provisions of the Legislative Instrument (L.I.)...
BoG committed no wrong in revoking license of UniCredit – Supreme Court
The Supreme Court has in a unanimous decision reversed the decision of the Court of Appeal and affirmed the decision of the High Court...
Trade Minister justifies L.I. regulating cement prices
Trade and Industry Minister Kobina Tahir (K.T.) Hammond has justified plans to introduce the controversial Legislative Instrument (L.I.) seeking to regulate cement prices in...
Ghana’s economy to expand by 3.4% in 2024 – IC Africa
Research firm, IC Africa, is upbeat about the growth of the Ghanaian economy in 2024, saying, the economy will expand by about 3.4%, higher...
Debt Restructuring: Nothing will change; next 10 years will be rough – Ken Thompson
Kenneth Kwamina Thompson, the CEO of Dalex Finance, warns that Ghanaians should brace themselves for tough economic times over the next decade.Speaking to Evans...
Finance Minister urges bondholders to accept terms reached in restructuring $13.1bn debt
The Finance Minister, Dr. Mohammed Amin Adam has asked bondholders to accept the terms reached on restructuring some $13.1 billion owed Eurobond holders.According to...
Tema and Takoradi ports drop in CPPI report for 2023
In the latest Container Port Performance Index (CPPI) for 2023, Ghana’s primary ports, Tema and Takoradi, have shown troubling standings.Tema Port is ranked 376th...
Ghana Shippers’ Authority CEO engages top shippers
The CEO of the Ghana Shippers' Authority (GSA), Kwesi Baffour Sarpong has engaged top shippers in the Southern Zone to discuss costs and conditions...
End of debt restructuring: Government cautioned to be mindful of immediately returning to capital market
Even though Ghana could soon have access to the international capital markets for new dollar borrowings, some observers have cautioned government to be mindful...
Cement manufacturers petition Parliament over proposed price regulation
The Chamber of Cement Manufacturers, Ghana (COCMAG) has expressed grave concern over a proposed Legislative Instrument (LI) seeking to regulate cement prices, submitted to...
Cement Prices: Manufacturers present petition to Parliament rejecting proposed L.I
The Chamber of Cement Manufacturers has presented a petition to parliament registering their outright rejection of the proposed Legislative Instrument seeking to regulate cement...
Brazil’s Supreme Court decriminalizes marijuana possession for personal use
Brazil’s Supreme Court decided on Tuesday to decriminalize the possession of marijuana for personal use, by majority vote, undermining the already tense relationship with...
We don’t need L.I. to regulate price – Cement manufacturers tell K.T. Hammond
The Executive Secretary of the Cement Manufacturers Association of Ghana (CMAG) is taken aback by the move by the Trade Ministry to introduce a...
Minority blocks laying of L.I. to regulating cement pricing
The Minority in Parliament has blocked the laying of a legislative instrument from the Trade and Industry Ministry aimed at regulating the pricing of...
We’re treading a dangerous path – Dr. Atuahene warns government
Banking consultant, Dr. Richmond Atuahene, has warned the government against completing the external debt restructuring agreement with its official creditors.Reviewing whether the deal is...
Ghana will keep importing food if… – Agriculture Economist
An Agriculture Economist, Professor Irene Egyir, has called for a strategic reorganisation of Ghana's farming practices to enhance productivity and reduce dependency on food...
I will actively promote export and reduce import – Alan Kyerematen
The leader of the Alliance for Revolutionary Change (ARC), Alan Kwadwo Kyerematen has announced plans to actively promote exports and reduce imports in Ghana.He...
Cedi depreciation slows down but pressures still persist ; one dollar equals GH¢15.75
The depreciation of the Ghana cedi to the US dollar slowed down last week as it lost 0.96% in value to the American green...
Fitch Solutions revises Ghana’s 2024 growth rate upwards to 4.3%
Fitch Solutions has revised Ghana’s real Gross Domestic Product (GDP) growth for 2024 to 4.3%, from the previous 3.8%.The London-based firm is also forecasting...
Ghana’s economy is set to astonish the world this year – Finance Minister
Finance Minister, Dr. Mohammed Amin Adam, has announced that the country’s economy is undergoing a robust rebound after enduring significant challenges over the past...
Churches in Israel to pay tax, leaders bemoan “coordinated attack” on Christians
Leaders of major churches have accused Israeli authorities of launching a “coordinated attack” on the Christian presence in the Holy Land by initiating tax...
iPhone 16 leak just revealed details on all four new iPhones
This week, we got another early look at the design of this year's upcoming iPhones that showed off a revamped camera layout, two Pro exclusives headed...
Asantehene allocates 200 acres to State Housing Company to address housing deficit [Video]
The Asantehene has generously allocated 200 acres of land to the State Housing Company (SHC) at Dedesua in the Ashanti region.This initiative marks a...
Finance Minister’s figures don’t tally If you check very well – Williams Peprah
Associate Professor of Finance at Andrews University, Williams Kwasi Peprah, says the $2 billion savings the Finance Minister claimed the country would achieve through...
You’re celebrating bankruptcy status – Adongo to Finance Minister
Ranking member on Parliament's Finance Committee has criticised the Finance Minister, Dr. Mohammed Amin Adam for claiming that the current government has outperformed the...
‘Give us back our license, give us back our assets’ – Nduom’s bold appeal to BoG
The owner of the defunct GN Bank has issued a passionate appeal to Dr Ernest Addison, the Governor of the Bank of Ghana (BoG),...
Bondholder committee reaches agreement in principle with Ghana on debt restructuring
The Committee of holders of Ghana’s Eurobonds has announced that it has reached an agreement in principle with the government of Ghana on a...
T-bills: Government records marginal oversubscription; yields on 182-day and 364-day bills dip
The government registered a marginal oversubscription of treasury bills auction to the tune of GH¢3.60 billion.According to the auction results by the Bank Ghana,...
BoG permits banks with stronger capital positions to pay interim dividend
Banks that made significant progress in their recapitalization plans have been permitted by the Bank of Ghana to distribute interim dividends, the Governor of...
Akufo-Addo orders release of ¢1.5bn bailout to banking sector clean-up victims
President Akufo-Addo has instructed the Finance Ministry to disburse ¢1.5 billion to assist customers affected by the banking sector clean-up operation.Finance Minister Dr Mohammed...
Finance Minister announces official end to Ghana’s debt restructuring
Finance Minister Dr Mohammed Amin Adam has announced the completion of Ghana’s debt restructuring program with its official creditors.According to the Member of Parliament...
GRA to ramp up enforcement of bonds/security issuance in Excise Duty compliance requirements
The Head of the Excise Unit of the Ghana Revenue Authority (GRA), Kwabena Apau Awua Anto, has revealed that the GRA will soon rigorously...
Ghana begins Over-The-Counter Market trading on the GSE
The Ghana Stock Exchange (GSE) has launched the Over-The-Counter Market trading targeted at rural banks and small and medium enterprises.The move is a significant...
Former Medeama and Ashgold striker, Hans Kwoffie passes on in accident
Former Medeama and AshantiGold striker, Hans Kwoffie has tragically passed away following a fatal accident in Dadwen.The accident reportedly occurred on Friday when the...