PFAG urges gov’t to audit Pwalugu Dam and recover misappropriated funds
The Peasant Farmers Association of Ghana (PFAG) has called on the newly elected government to prioritize an audit of the Pwalugu Multi-Purpose Dam to...
NPA implements measures to resolve petrol shortages in northern Ghana
The National Petroleum Authority (NPA) has assured Ghanaians that concrete steps are being taken to address the recent petrol shortages reported in parts of...
Fuel shortage hits Yendi and Damongo, residents appeal for swift intervention
Yendi and its surrounding areas in the Northern Region are grappling with a severe fuel shortage that has caused significant disruptions to daily activities...
Gradual reduction of E-Levy better than complete abolishment – Dr Kwame Asante
Political Scientist Kwame Asah-Asante says a phased reduction of the Electronic Levy (E-Levy) would be a more feasible approach than its outright removal.Speaking on...
Rationalize Ghana’s tax system – AGI tells gov’t
The Association of Ghana Industries (AGI) has described Ghana’s tax system as unfair and counterproductive to the growth of local businesses.
Chief Executive Officer of...
2025 budget will test Mahama’s push for private sector partnership – Dalex Finance CEO
The Chief Executive Officer of Dalex Finance Joe Jackson has stated that the 2025 budget will demonstrate President John Mahama’s commitment to partner with...
Ato Forson doesn’t need a PhD in Economics to become successful – Economist at UG
A Development Economist at the University of Ghana, George Domfe, has argued that Dr. Cassiel Ato Forson does not need a PhD in economics...
Government to borrow GH₵200 Billion from treasury bill market in 2025
The government is projected to borrow approximately GH₵200 billion from the Treasury bill market in 2025, marking a decrease from the estimated GH₵220 billion...
John Jinapor orders ECG to suspend supply payments
The Energy Minister-Designate, John Jinapor, has issued a strong directive to the Electricity Company of Ghana (ECG), ordering an immediate suspension of all payments...
GUTA optimistic about government addressing business concerns
The Ghana Union of Traders Associations (GUTA) has expressed hope that the new government will address the genuine concerns of the business community.The Union...
Gov’t could seek more IMF funding – Finance Minister-designate
The new Mahama government could seek extra funding from the International Monetary Fund (IMF) during its current, three-year programme with the lender to cushion...
Ghana seeks reinstatement of $190M MCC funds for electricity sector reforms
President John Dramani Mahama has announced Ghana’s readiness to renegotiate with the United States Government for the possible reinstatement of $190 million under the...
Government to borrow GH¢200bn; fixed income market to bounce back strongly
The government will borrow about GH¢200 billion from the treasury market in 2025.This is below the 2024 estimate of GH¢220 billion in 2024, translating...
Ghana is 2nd most indebted African country to IMF in terms of Concessional Lending
Ghana is the second most indebted country to the International Monetary Fund in Africa in terms of Concessional Lending and Debt Relief Trust.The country’s...
Pound falls as borrowing costs rise to highest since 2008
The pound has fallen to its lowest level for nine months after UK government borrowing costs continued to rise.The drop came as UK 10-year...
Maintain E-Levy to support Women’s Development Bank, SMEs – GUTA tells Mahama
The President of the Ghana Union of Traders Association (GUTA), Dr Joseph Obeng, has urged President John Dramani Mahama to reconsider his decision to...
Government misses 2024 inflation target as December rate rises to 23.8%
The government has fallen short of its 2024 year-end inflation target of 15%, as inflation for December 2024 rose to 23.8%, up from 23.0%...
As long as I remain BoG Governor, no revoked license will be reinstated – Dr Addison
The Governor of the Bank of Ghana(BoG) Dr Ernest Addison, has ruled out the possibility of the restoration of any revoked banking licenses as...
Accra is 5th most expensive city in Africa in terms of rent
Accra is the 5th most expensive city in Africa in terms of rent, according to Numbeo.Accra’s rent index of 12.0 also placed it 230...
Exit of multinational firms due to high inflation, currency weakness – Deloitte
Professional services firm, Deloitte, has revealed that the exit of multinational companies in Nigeria and Ghana is due to rising inflation, dollar illiquidity and...
BoG injected US$2.8bn into forex market between August and December 2024
The Bank of Ghana injected about US$2.8 billion into the foreign exchange market between August 2024 and December 2024.It subsequently auctioned US$480 million to...
Bank of Ghana: List of FX Brokers authorised to operate on the Ghana Interbank FX Market
The Bank of Ghana (BoG) has announced the authorized FX brokers permitted to operate in the Ghana Interbank Forex Market for the calendar year...
I knew fighting galamsey wasn’t a popular position to take – Akufo-Addo
President Nana Akufo-Addo has acknowledged the challenges his administration has faced in its effort to combat illegal mining, commonly known as galamsey, in the...
McDan addresses $3m debt allegations; seeks dialogue over terminal shutdown
The management of McDan Group of Companies says it is committed to a dialogue to resolve the issues leading to the shutdown of their...
Ghana’s economy rebounding impressively – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has highlighted Ghana’s impressive economic recovery, pointing to key growth indicators as proof of progress.In his final New Year...
BoG Governor, 2 Deputies receive awards at National Honours Ceremony
The Governor of the Bank of Ghana, Dr. Ernest Addison and his two deputies, Dr Maxwell Opoku-Afari (First Deputy Governor) and Elsie Addo Awadz...
NDC gov’t must consolidate all taxes imposed on us – Ghana Hotels Association
The Ghana Hotels Association says it will push the incoming NDC government to consolidate all taxes imposed on its members.President of the Association, Dr...
GACL details McDan Company’s indebtedness, insists on settlement
The Ghana Airports Company Limited (GACL) has reaffirmed its commitment to recovering debts owed by companies operating at the Kotoka International Airport, including what...
BoG issues large exposures directive for banks, others
The Bank of Ghana has issued the Large Exposures Directive for Banks, Savings and Loans, Finance Houses and Financial Holding Companies.The objectives of the...
McDan breaks silence on closure of private jet terminal
The management of McDan Group has expressed disappointment in the Ghana Airports Company Limited (GACL) over the shutdown of its Private Jet Terminal over...
GACL shuts down McDan Aviation Private Jet Terminal over $3 Million debt
The management of the Ghana Airports Company Limited (GACL) has shut down the McDan Aviation Private Jet Terminal due to an outstanding debt exceeding...
Dr. Nick Danso Adjei conferred with the grand medal award by the State
Ghana Link Network Services Limited proudly announces that its Executive Chairman, Dr. Nick Danso Adjei, has been conferred the prestigious Grand Medal Award by...
BoG likely to trigger MPCC if inflation falls outside central target of 18.0%+/-2 – Report
The Bank of Ghana is likely to trigger the Monetary Policy Consultation Clause (MPCC) if there the country misses the central target of 18.0%+/-2.Inflation...
T-bills auction: Gov’t records 9% oversubscription; interest rates hit 30%
The government achieved about 9.0% oversubscription of treasury bills sales, barely a week after it recorded a marginal undersubscription.It got GH¢4.65 billion against a...
ADB justifies $750,000 ‘last minute’ contract
The Board of Directors of the Agricultural Development Bank (ADB) Plc has explained that the alleged last-minute $750,000 contract is a renewal.In a statement,...
Don’t pay for delays at the port – Shippers told
The Ghana Shippers’ Authority (GSA) has directed shippers not to pay for the costs associated with delays at ports caused by system failures or...
NDC Victory: A bold opportunity to transform Ghana’s agriculture and economy – Klutse Kudomor speaks
The National Democratic Congress (NDC) has secured victory in Ghana’s recent general elections, entrusted by the people to lead the nation over the next...
Ablakwa blows alarm on ADB board’s $750K last minute contract
Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has raised an alarm on the approval of an electronic servicing agreement worth US$750,000 by...
BoG issues bancassurance directives to stakeholders in financial sector
The Bank of Ghana (BoG) has issued the bancassurance directives as an Exposure Draft to solicit comments and inputs from the banking industry and...
Gov’t misses T-bills target by GHS 60m amid rising yields
The government recorded a marginal shortfall in last week’s Treasury bills auction, securing GHS 5.40 billion in bids against a target of GHS 5.46...