350K jobs created from coconut industry since 2017
The government has created more than 350,000 jobs through the coconut value chain in the last seven and half years.The employment was generated through...
Decline in oil production threatens survival of oil companies in Ghana – PIAC warns
The Public Interest and Accountability Committee (PIAC) has highlighted that the most immediate consequence of declining oil production is a reduction in revenue from...
Ahead of new academic year: Traders switch to educational materials
Most traders in the central business district (CBD) of Accra have switched over to the sale of educational materials about a week to the...
Ghana lost over GH₵4.9bn to financial irregularities in 2023 – IMANI Africa
Ghana recorded financial losses exceeding GH₵ 4.9 billion in 2023 due to irregularities within public institutions, according to a report released by policy think...
Nigeria: Charges against Binance cryptocurrency boss dropped
Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to get medical treatment abroad.Tigran Gambaryan, a US...
MIIF chair urges immediate overhaul of boardroom compensation
At the recent Boardroom Summit, where over 1,000 of the nation’s top CEOs, policymakers, and executives gathered, Professor Douglas Boateng, Chair of the Minerals...
Springfield starts Afina Well appraisal
Springfield Exploration and Production Limited has started appraising Afina-1x Well at the West Cape Three Points (WCTP) Block 2 offshore, barely three months after...
Next of Kin of a deceased bank account holder is not automatic beneficiary – BoG
Did you know that if you are made the next of kin of a bank account by a friend or relative, you do not...
Cedi resumes depresciation as demand for dollar surges; one dollar equals GH¢16.40
The Ghana cedi lost a marginal value to the US dollar increasing its year-to-date loss to about 26%.This was due to the heightening of corporate demand...
Financial experts advise SMEs, startups to seek sustainable and flexible financing solutions
Small and medium-sized enterprises, especially those in the fields of Science, Technology, Innovation and Research (STIR), have been advised to turn to cheaper and...
Budget shortfalls to be substantial in Ghana, Nigeria – Fitch Solution
Budget shortfalls will be substantial in Ghana, Uganda and Nigeria, Fitch Solutions has revealed in an article.Dubbed “Return To International Capital Markets Belies Persistence...
EOCO honours former and current heads for distinguishing themselves
The Economic and Organised Crime Office (EOCO), has honoured some former and current heads of the organization for distinguishing themselves in line of duty.At...
Stakeholders’ involvement key in preventing cocoa smuggling – COCOBOD
The active involvement of all key stakeholders will help prevent the smuggling of cocoa beans to other countries, Emmanuel Adjei, Ashanti Regional Deputy Manager...
We will revamp the private sector to create more jobs under our apprenticeship program – NDC PC for Nhyieaso
The next NDC government will make sure the national apprenticeship program will support the youth who are interested in skilled training and equip them...
Weta rice farmers Association launches to revolutionize rice farming in Ketu North
The Weta Rice Farmers Association of Ghana in the Ketu North District of the Volta Region, has officially launched with a bold mission to...
NLA commissions refurbished ultra-modern Brennan Hall
For decades, the National Lottery Authority (NLA) has entertained, thrilled, and enriched fans, patrons, and viewers with its exciting Games and Draws.
From its first...
T-bills auction: Government records marginal oversubscription; interest rates rise
The government recorded a marginal oversubscription of treasury bills auction.However, this came at the expense of a rising interest rateAccording to the auction results...
Eloquent Marketing Agency launches whatsApp wholesale for businesses in Ghana
A subsidiary of Eloquent Marketing Agency, Eloquent Digital, has introduced its newest innovation, WhatsApp Wholesale, a bulk messaging platform designed to help businesses in...
Togo suspends Russian ride-hailing app Yango
Togo's transport ministry suspended the ride-hailing app Yango owned by Russia's tech giant Yandex, over security concerns just months after it began operating in...
National Service Authority Launch: Director-General calls for continued support from government
Director-General of the National Service Authority (NSA) Mr. Osei Assibey Antwi has expressed gratitude to President Akufo-Addo and various stakeholders for their support in...
Ghana’s policy rate of 27% highest in Africa – World Bank
Ghana’s monetary policy rate of 27.0% is the highest in Africa, the World Bank has revealed.In its latest October 2024 Africa Pulse Report, the...
Ghana Association of Banks offers 7 proposals to tackle fraud in the financial industry
The Ghana Association of Banks (GAB) has rolled out a set of measures to bolster the banking sector’s defenses against increasingly complex fraud schemes.This...
NEIP unveils ambitious Bawumia agenda for youth
The National Entrepreneurship and Innovations Programme-NEIP has unveiled a project targeted at creating 120,000 jobs after training 100,000 in skill areas.The programme dubbed Skills...
IIP release: Industry sector grows by 8.2 percent in Q2 of 2024
The Year-on-Year change in the Index of Industrial Production (IIP) for the second quarter (Q2) of 2024 grew by 8.2 percent, data from the...
Fuel price increase: Petrol at GH₵14.49, diesel going for GH₵14.90
More Oil Marketing Companies (OMCs) have increased prices of petroleum products at their various service stations in the country.Allied Oil took the lead on...
NPA announces new price floor for petroleum products
The National Petroleum Authority (NPA) has announced a new Price floor for the second pricing window, from 16th -31st October 2024. The authority has...
Sunon Asogli shutdown may force Ghana to import more power – IES
The Institute for Energy Security (IES) has cautioned that the government may soon be forced to increase power imports to stabilize the country’s energy...
Dry spell: Agric Minister denies claims of GH¢3,000 payouts to farmers
Agriculture Minister, Bryan Acheampong has denied claims that the government is distributing GH¢3,000 to 800,000 farmers in Ghana's northern regions affected by the recent...
Stakeholder talks ongoing for PURC-Energy Commission merger – Herbert Krapa
The Minister of State at the Ministry of Energy, Herbert Krapa, has announced that stakeholder consultations are underway to finalise the proposed merger between...
Friend of the Earth launches sustainable chocolate certification in Ghana
Friend of the Earth, the world’s leading sustainability certification for agriculture, has introduced its Sustainable Chocolate Certification in Ghana, the second-largest cocoa producer globally.This...
Ghana’s cocoa exports set to crash below $2 billion this year – lowest in 14 years!
Ghana, the world’s second-largest cocoa producer, is at risk of seeing its cocoa export earnings crash below the $2 billion mark in 2024—the lowest...
Fitch assigns Ghana’s new dollar bonds at CCC+
Fitch Ratings has assigned Ghana's new US dollar bonds, issued on 9 October 2024, a 'CCC+' rating.Fitch also has upgraded Ghana's Long-Term Local-Currency (LTLC)...
ADB recovers over GH₵500m NPLs in 9 months
The Agricultural Development Bank (ADB) PLC, as part of its two-year corporate strategy, embarked on an aggressive recovery exercise, leading to the successful recovery...
Chinese mining company to acquire Ghana’s Akyem gold mine from Newmont in $1 billion deal
China's Zijin Mining Group is poised to acquire the Akyem gold mine project in Ghana from US-based Newmont Corporation in a $1 billion deal.The...
‘Eyes In Dubai’ strengthens African presence with new Johannesburg branch
Eyes In Dubai, a leading travel agency renowned for connecting travellers to the luxurious and adventurous side of Dubai, has taken a significant step...
Goil probes claims of fuel pump tampering at Atimpoku branch
Goil Plc has launched an investigation into allegations of fuel pump tampering at its Atimpoku branch in the Eastern Region after a video of...
Cedi to record stability in near term; one-dollar equals GH¢16.40
The Ghana cedi will record stability in the near term, helped by Moody's upgrade of Ghana’s credit rating and the expected US$360 million inflow...
Inflation to end 2024 at 23.2% but to nose dive to 11.5% in 2025 – World Bank
Ghana’s inflation is expected to end 2024 at 23.2%, the World Bank has disclosed in its October 2024 Africa Pulse Report.The year-on-year inflation is...
IES backs calls to merge PURC and Energy Commission
The Institute of Energy Security (IES) has endorsed the growing calls for a merger between the Public Utilities Regulatory Commission (PURC) and the Energy...
Cedi, naira among 4 worst performing currencies in Sub Saharan Africa in 2024 – World Bank
The Ghana cedi and three other currencies are the worst-performing currencies in Sub-Saharan Africa (SSA) in 2024, the World Bank’s October 2024 Africa Pulse...