BoG cautions banks to comply with monthly reporting of fraud cases
The Bank of Ghana (BoG) has cautioned banks to comply with its monthly report on fraud cases.This is to aid the regulator in consolidating...
COCOBOD confirms plans to increase cocoa farmgate prices
The Ghana COCOBOD has told Joy Business government is considering an increase in the farmgate prices of cocoa beans for farmers.The decision, which is currently being...
Ghana to raise cocoa farmgate price by up to 50% – Cocobod
Ghana will raise the fixed farmgate price paid to cocoa farmers by up to 50% in an effort to share profits from rising global...
Akufo-Addo grants two retroactive contracts to Dr Ammishaddai as GRA boss
President Akufo-Addo has awarded two retroactive contracts to Rev. Dr. Ammishaddai Owusu-Amoah, appointing him as the Commissioner-General of the Ghana Revenue Authority (GRA).These contracts,...
GPHA boss calls for broader consultation on high port duties, levies
The Director General of the Ghana Ports and Habours Authority (GPHA), Michael Luguji has appealed to all stakeholders in the sector to join efforts...
Arla Foods Ghana Ltd. appoints Paul Nortey Dowuona as first Ghanaian Managing Director
Arla Foods, producers of Dano milk variants, has appointed Paul Dowuona to lead the Ghana business effective 1st of August 2023, the first Ghanaian...
I’ll restrict import of selected items to boost local businesses – Mahama
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has announced his intentions to impose import restrictions on specific essential commodities if...
LPG Marketing Companies Association kicks against new $80 per metric ton tax by NPA
The Liquefied Petroleum Gas (LPG) Marketing Companies Association has strongly condemned the National Petroleum Authority's (NPA) decision to impose a new tax on LPG,...
Elevating Knowledge about Africa in International Business: KNUST’s Prof. Nathaniel Boso’s legacy
Nathaniel Boso (PhD) is an international marketing and Strategy professor and O.R. Tambo Africa Research Chair at the Department of Marketing and Corporate strategy,...
New MTN Ghana CEO Stephen Blewett takes over
Stephen Blewett, has taken over as the Chief Executive Officer of MTN Ghana.He takes over from Selorm Adadevoh, who has been appointed as the...
Ivory Coast to raise cocoa farmgate price by 50%
Ivory Coast's President Alassane Ouattara will increase the official cocoa farmgate price to 1,500 CFA francs ($2.47) per kg from Tuesday, April 2, from...
NPA to set price floor for petroleum products from April 1 in new guidelines
The National Petroleum Authority (NPA), will from April 2024 set the “floor” for pricing of petroleum products in Ghana, which will prevent any industry...
NIC raises concern over surge in insurance fraud
The National Insurance Commission (NIC) has expressed concerns about the recent upsurge in fraudulent activities and its consequential impact on the insurance sector.Acting...
COPEC predicts fuel prices to remain unchanged in April’s initial pricing window
Fuel prices at various outlets nationwide are expected to remain stable during the initial pricing window in April.This is according to forecasts by the...
Ghana needs a change in direction – TUC
The Trades Union Congress (TUC) leadership has voiced its support for a change in direction as Ghana approaches the 2024 general elections.During a discussion...
UMB welcomes BoG’s appointment of Advisor towards its recapitalization drive
The Board of Directors of Universal Merchant Bank Ltd (UMB) has announced the appointment of Dr Joseph France by the Bank of Ghana as...
Fuel prices likely to be maintained in April first pricing window – COPEC
Prices of fuel at the pumps across the country are projected to be maintained in the first pricing window in April 2024.The forecast by...
Zeepay secures additional $3m from Verdant Capital Hybrid Fund
Verdant Capital Hybrid Fund has completed its fourth investment in just over two years since its closing, with a $3 million preferred equity investment...
BoG appoints Dr Joseph France as advisor to UMB
The Bank of Ghana (BoG) has appointed Dr. Joseph O. France as an Advisor to Universal Merchant Bank LTD (UMB).The appointment which took...
Minority demands probe into GH¢10bn ESLA funds
Former Energy Minister, Emmanuel Armah Kofi Buah, is advocating for a comprehensive audit of the GH¢10 billion accrued from the Energy Sector Levy (ESLA).He...
I’ve really worked well as Veep; vote for me as President – Bawumia to traders
Vice President, Dr Mahamudu Bawumia has asserted that he has largely fulfilled his commitments to the nation, underscoring the importance of granting him the...
Gov’t suspends implementation of price Stabilisation and Recovery levy on petroleum products
Government has directed the National Petroleum Authority to suspend the implementation of Price Stabilization and Recovery Levy PSRL on price build up on petroleum...
Takoradi traders lament low sales ahead of Easter
Traders in the Takoradi Central Business District (CBD) have lamented over the low patronage of their goods and services ahead of this year’s Easter...
Energy transition threatens survival of GNPC – PIAC warns
The Public Interest and Accountability Committee (PIAC) is warning about the threat the energy transition poses to the survival of National Oil Companies (NOCs)...
BoG appoints Dr. Joseph France as advisor for management of UMB
The Bank of Ghana has appointed, Dr. Joseph O. France, as an Advisor to advise the management of Universal Merchant Bank LTD (UMB), effective...
Weather conditions affecting Ghana’s cocoa production – Fiifi Boafo
The Public Affairs Manager of COCOBOD, Fiifi Boafo, has attributed the decrease in production of cocoa beans to adverse weather conditions.According to him, heavy...
Ghana spends GH¢11 billion to import oil
Coordinator for the Anti-Smuggling Taskforce on Vegetable Oil Import, Dr. Paul Amaning has revealed that, Ghana spends GH¢11 billion annually to import oil.This, he...
Disbursement of $1.2bn from partners will mitigate Cedi depreciation – Finance Minister
Finance Minister, Dr. Mohammed Amin Adam has stated that the anticipated $1.2 billion from development partners will bolster the local currency against major trading...
Zen Petroleum opens 50th fuel retail station
ZEN Petroleum, a wholly owned Ghanaian Oil Marketing Company (OMC), has opened its 50th fuel retail station in Ghana.Customers who visit any of ZEN’s...
We’re not school boys – Protestors tell Finance Ministry after ‘no show’
Protestors who were seeking audience with the Finance Ministry for the release of their locked-up funds but denied access have expressed their disappointment. ...
Anti-smuggling taskforce warns gov’t
A taskforce embarking on exercises to crack down on smuggled vegetable oil on the Ghanaian market has cautioned the government to abort any plans...
New twist to GRA boss’ dismissal
Commissioner General of the Ghana Revenue Authority (GRA), Rev. Dr Amisshaddai Owusu Amoah has not been sacked by President Akufo-Addo, contrary to earlier reports....
ECG inspects distribution transformers to help sustain power
The Electricity Company of Ghana (ECG) has started an exercise to check on various power transformers across the country to identify and fix faults...
Bawumia was right, GRA is killing businesses – TAGG
The Traders Advocacy Group Ghana (TAGG) has backed Vice President, Dr. Mahamudu Bawumia's remarks on the operations of the Ghana Revenue Authority (GRA).According to...
$300m World Bank facility hits BoG’s account
The $300 million World Bank facility to support some projects in 2024 has finally hit the Bank of Ghana’s (BoG) account.This was after Ghana...
Finance Minister warns against deviation from revised cash waterfall mechanism by ECG
Finance Minister, Dr Mohammed Amin Adam has warned that any deviation from implementing the revised Cash Waterfall Mechanism could make the energy sector crisis...
Ghana Revenue Authority Board dissolved
President Akufo-Addo has dissolved the Board of the Ghana Revenue Authority (GRA).According to available information, the Commissioner General of the GRA who is also...
50% of African business leaders unaware of Pan African Payment and Settlement System – Report
The Future of Trade Report has revealed that about 50% of businesses in Africa are unaware of the Pan African Payment and Settlement System...
Locked-up Investment Holders protest to demand payment of fund
Members of the Locked-up Investment Holders Forum on Wednesday March 27 protest to demand payment of their funds.The group a year ago, began...
Alan Kyerematen to reduce food inflation if elected President
Founder and Leader of Movement for Change, Alan Kwadwo Kyerematen has outlined his plan to tackle food inflation should he be elected as President...