I’ll take on media stations promoting gambling – Kofi Kapito
The Chief Executive Officer of the Consumer Protection Agency, Kofi Kapito, has expressed serious concerns about media stations promoting gambling, by advertising betting brands...
I took loan from UT Bank to help my company – CEO thanks Amoabeng
Board Chairman of Bills Micro-credit Limited, Richard Nii-Armah Quaye, has acknowledged the founder of the defunct UT Bank, Captain Prince Kofi Amoabeng.According to the...
4G to remain primary source of mobile phone connectivity by 2033 despite emergence of 5G – Fitch Solutions
4G platforms will remain the primary source of connectivity in Ghana by 2033, owing to greater smartphone affordability.This is despite the emergence of the...
GRA directs SML to resume monitoring operations in Downstream Petroleum sector
The Ghana Revenue Authority (GRA) has directed the Strategic Mobilisation Limited (SML) to resume its monitoring operations of the Downstream Petroleum sector.A statement issued...
SIAT Group consolidates edible oil business under Presco
SIAT Group has announced its decision to consolidate its edible oil business in Ghana and Nigeria under Presco PLC.This move, driven by opportunities in...
Government, bondholders reach agreement in principle to restructure $13bn debt, sources say
Ghana has reached an agreement in principle with its bondholders for the restructuring of $13 billion worth of international debt, three sources told Reuters...
GRA to go after public institutions, other firms over tax payment arrears
The Ghana Revenue Authority (GRA) has announced that it will in the coming days embark on a debt collection exercise to help recover all...
IMF Programme will deepen Ghana’s revenue deficit crisis – Economist
Economist, Dr Nii Moi Thompson has warned that Ghana’s revenue deficit is likely to worsen as the country implements the International Monetary Fund’s (IMF)...
Ghana must strategically position industries to harness global economic opportunities – Prof. Agyapong
A Professor of Strategic Management has stressed the need for Ghana to strengthen its industrial development agenda to position industries as strategic tools needed...
Stop Asians invading retail market – GUTA to govt
The Ghana Union of Traders’ Association (GUTA) is calling on authorities to be bold and clamp down on foreigners operating in the retail space.According...
Producer Price Inflation hits 23.6%
The year-on-year inflation rate at ex-factory prices for all goods and services was 23.6% in May 2024.This was far higher than the 16.8% recorded...
77% of Ghanaians report stress on livelihood due to rising cost of living
Seventy-seven percent of Ghanaians are reporting a significant stress on their livelihood due to the rising costs of living, the impact on their daily...
We remain fully committed to our supervisory role to foster trust and confidence – BoG
The Bank of Ghana has reiterated that it remains fully committed to its supervisory role and will ensure that all financial institutions adhere to...
Locked-up investment bondholders’ forum picket at Finance Ministry for 3rd consecutive week
Today, the Locked-Up Investment Bondholders’ Forum picketed the Finance Ministry for the third consecutive week.This demonstration is aimed at demanding the release of their...
Remittances: Ghana’s missing billion dollars?
The World Bank estimates that $4 billion worth of remittances flowed into Ghana's economy between 2016 and 2022.This makes forex inflows from remittances the...
Government has strayed from its policy on aid – Prof Bokpin
A professor of finance and economics at the University of Ghana Business School (UGBS), Prof Godfred Bokpin, has said Ghana has deviated from its...
Help solve Ghana’s economic woes – Kofi Amoabeng to business executives
Former Chief Executive Officer of the defunct UT Bank has appealed to business executives to sacrifice their comfort and help create solutions to address...
Gov’t must raise more revenue domestically without necessarily increasing taxes – Prof Quartey
As the conversation about building a ‘Ghana Beyond Aid’ resurfaces, the Director of the Institute of Statistical, Social, and Economic Research (ISSER), Professor Peter...
Economy grows 4.7% first quarter
Ghana's economy grew by 4.7 per cent year-on-year in the first quarter of this year, compared to the 3.8 per cent recorded in the...
Cedi troubles continue, depreciates 21% to dollar as one dollar goes for GH¢15.70
The Ghana cedi lost 3.88% in value to the US dollar last week on the spot market increasing its year-to-date depreciation to 21.20%.This follows...
Ghana must cease relying on external aid – Lord Boateng
Member of the House of Lords in the United Kingdom, Lord Paul Boateng says it is time Ghana moves away from reliance on foreign...
Ghana’s economy expands by 4.7 percent in 2024 quarter 1
The Ghana Statistical Service (GSS) has announced that the country’s gross domestic product (GDP) is estimated to have increased by 4.7 percent in the...
IMF sets date for Board to consider Ghana’s second programme review
The International Monetary Fund (IMF) has set June 28, 2024 for its Board Meeting to consider Ghana’s second programme review and possibly approve $360...
MISYL marks 10th anniversary with commitment to growth and sustainability
As MISYL Energy celebrates its tenth anniversary, the narrative is one of perseverance, strategic partnerships, and a steadfast commitment to community and staff welfare.The...
Galamsey, smuggling and bad weather slash Ghana’s cocoa revenue by $500m
Illegal mining activities, unfavourable weather conditions, the swollen shoot virus disease, and rampant smuggling have caused a significant shortfall in Ghana's cocoa revenue for...
Gov’t should not be involved in buying fuel – Ben Boakye
The Executive Director of the African Centre for Energy Policy, Ben Boakye, has advised the government to allow private individuals to handle fuel purchases.According...
Fuel prices to go up marginally from June 16, 2024 – IES
The prices of petroleum products are expected to go up marginally in the second half of June 2024, the Institute for Energy Security has...
PFJ not impacting farmers due to lack of targeted credit schemes – TWN
A report by the Third World Network (TWN) -Africa on the impact of the Planting for Food and Jobs (PFJ) and One District One...
BoG justifies revocation of GN Bank’s license
The Bank of Ghana (BOG) has justified its decision to revoke the license of GN Bank in 2019, citing significant regulatory breaches.In a lengthy...
Be deliberate about financing renewable energy and sustainability-focused projects – KPMG Ghana urges banks
Kenneth Agyei-Duah, a manager in the Governance, Risk, and Compliance (GRC) Services at KPMG Ghana has urged banks and other financial institutions to be...
Zenith Bank donates laptops, computers to KNUST, Ho Technical University
Zenith Bank (Ghana) Ltd has donated 20 laptops to the Kwame Nkrumah University of Science and Technology (KNUST) and 10 desktop computers to the...
Ghana to receive $2bn loan from Korea to enhance economic growth
A Deputy Finance Minister, Stephen Amoah has revealed that Ghana is expecting a US$2 billion concessionary loan from South Korea aimed at supporting the...
Government remains committed to fiscal discipline – Abena Osei Asare
The Minister of State at the Finance Ministry Abena Osei Asare has assured that government remains committed to fiscal prudence and discipline with its...
No economy can grow without embracing digitalisation – ECOWAS Resident Representative
ECOWAS Resident Representative in Ghana, Baba Gana Waki has underscored the critical role of digitalisation in the economic growth of member states.He said in...
COCOBOD CEO sets record straight on successes and challenges in Ghana’s cocoa sector [Listen]
The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has set the record straight about the challenges and achievements during...
Attempts to introduce new taxes problematic – Lecturer
A lecturer of Finance and Economics at the University of Ghana, Dr Patrick Asuming, has advised the government to focus on improving the economy...
DSTv owner MultiChoice goes technically insolvent
DStv owner, MultiChoice has reported a staggering R4.1 billion loss for the year ending March 31, 2024 and has become technically insolvent.The South...
World Bank supports policy reform of Ghana’s energy sector
The World Bank has approved a $250 million credit from the International Development Association (IDA) and a $10 million grant from the Energy Sector...
Facebook, Youtube, online trading companies must be taxed – Deputy Finance Minister
Deputy Finance Minister, Dr Alex Ampaabeng has advocated for the taxation of online trading companies to boost Ghana's economy.He emphasized that both local and...
Rising food prices: Minority questions impact of Planting for Food and Jobs
The Minority caucus in Parliament has expressed concern about rising food prices in the country, calling into question the effectiveness and impact of the...