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...
National Pensions Regulatory Authority joins Okyenhene’s 25th anniversary celebration
The National Pensions Regulatory Authority (NPRA) over the weekend, joined the people of Akyem Abuakwa in celebrating the 25th anniversary of Osagyefuo Amoatia Ofori...
Grand finale of 2024 Stemnnovation starts today; ends on Wednesday
The grand finale of the 2024 Stemnnovation competition, Ghana’s premier national STEM contest for second-cycle institutions, begins today at the Ohene Konadu Auditorium on...
Government resumes Eurobond debts servicing after completion of exchange programme with investors
Government has resumed servicing its Eurobond debts after the completion of the exchange programme with bondholders last week.JOYBUSINESS understands that a total amount of...
T-bills auction: Government records marginal oversubscription; but interest rates rise
The government recorded a marginal oversubscription of treasury bill sales after three weeks of failing to meet its target.This is coming after the International...
MTN Ghana reaffirms commitment to deliver exceptional customer service
MTN Ghana has reaffirmed its commitment to delivering exceptional customer service driven by innovative tech solutions during the 2024 Customer Service Week.In a statement...
Cocoa smuggling taskforce seizes 100 bags in Old Akrade
The Anti-Cocoa Smuggling Taskforce of the Ghana Cocoa Board (COCOBOD), in collaboration with national security, has apprehended a driver and a mate at old...
Brazil orders closure of 2,000 betting sites amid citizens running into debt
Brazil on Friday began closing down more than 2,000 betting sites, including those that sponsors popular football team Corinthians and other first division clubs,...
Kwahumanhene resigns as ADB Board Chair following extortion allegations
The Kwahumanhene, Daasebre Akuamoah Agyapong II has resigned as the Board Chairman of the Agricultural Development Bank (ADB).The resignation which takes immediate effect follows...
Akyem Mine – Past, Present, and Future… A Journey of Growth and Development, and Future of Prosperity
The PastThe Akyem Mine, located in the Birim North district of the Eastern region of Ghana, was conceived through exploration activities by Normandy Mining...
BoG eCedi wins innovation in digital currency design award
The Bank of Ghana has been adjudged the winner of the Innovation in Digital Currency Design for Financial Inclusion by Currency Research.This occurred at...
We expect foodstuff prices to drop by more than 50% in coming months – Agric Minister
The Minister for Food and Agriculture, Dr. Bryan Acheampong is projecting prices of foodstuffs will go down by more than 50 percent in the...
90% of non-sovereign bondholders have tendered their bonds – ESLA
ESLA has announced that approximately 90% of non-sovereign bondholders have successfully tendered their bonds.This follows an announcement on September 16, 2024, to buy back...
‘Retired and Forgotten’ – Pensioner Eurobond Holders plead for exemption amid Ghana’s $5bn debt forgiveness
In response to recent remarks by the Finance Minister regarding Ghana’s Eurobond debt restructuring, a group of pensioner Eurobond holders in Ghana has voiced...
MTN shows commitment to sustainability through project zero
MTN Ghana's Chief Corporate Services and Sustainability Officer, Adwoa Afriyie Wiafe, has emphasized the company’s dedication to sustainability through its Project Zero initiative and...
Elon Musk reveals Tesla’s Robotaxi and Robovan
Elon Musk showed off Tesla's upcoming driverless taxi at its "We, Robot" on Thursday evening.The unveiling took place on a lot in Warner Bros. Discovery's movie...
‘I don’t know where they got their data from’ – Agric Minister questions Statistical Service food price report
Food and Agriculture Minister Bryan Acheampong has expressed scepticism about recent data released by the Ghana Statistical Service (GSS) on food prices and inflation,...
AfCFTA: Disbursement of $1bn Adjustment Fund expected to commence early 2025
The African Continental Free Trade Area (AfCFTA) is expected to commence the disbursement of its adjustment fund to Ghana or any other member state...
NCA launches ECOWAS “Free Roaming Initiative” in Ghana, Benin, Togo
The National Communications Authority (NCA) has started implementing the ECOWAS “Free Roaming Initiative” to reduce the cost of telecommunication services for citizens travelling outside...
SSNIT pays GH¢400m monthly to over 300,000 pensioners to combat old-age poverty
The Social Security and National Insurance Trust (SSNIT) reports that it disburses approximately GH¢400 million each month to over 300,000 pensioners, as part of...
PETROSOL launches “Energizing Dreams Promo” to celebrate 10th anniversary
PETROSOL Platinum Energy Ltd, a leading energy company, has launched a nationwide promotional campaign dubbed "Energizing Dreams Promo" to commemorate its 10th anniversary.The six-month-long...
No need for fear and panic, we have enough LPG – NPA assures
The National Petroleum Authority (NPA) has stated that there is enough Liquefied Petroleum Gas (LPG) in the country.According to the Authority, it does not...
ECG recording $67m in revenue losses every month – ACEP
The Africa Centre for Energy Policy (ACEP) has raised alarms over the mounting debt in Ghana's energy sector, revealing that the country is accumulating...
Galamsey: Ban on Ghana’s agric exports imminent – Importers and Exporters Association
The Importers and Exporters Association of Ghana has raised concerns about the serious threat illegal mining poses to the country’s agricultural exports.The Association warns...
Man denies being mysterious inventor of Bitcoin
A new documentary claims to have solved the greatest mystery in cryptocurrency: the true identity of the inventor of Bitcoin.
The question has captivated the...
UTAG declares indefinite strike, demands nationwide ban on mining in forest reserves
The University Teachers Association of Ghana (UTAG) has declared an indefinite strike, effective October 10, 2024, following an overwhelming vote in favour of industrial...
T-bills auction: Government borrowed GH¢23.6bn in September 2024
The government borrowed GH¢23.6 billion across the 91-day to 364-day treasury bills in September 2024.This represented a 24.7% increase over that of August 2024.Although...
Newmont to sell Akyem operation to Zijin Mining for $1bn
Newmont Corporation has announced plans to sell its Akyem operations to Zijin Mining Group Co., Ltd. under a definitive agreement for cash consideration of...
Mastercard Foundation and Agri-Impact Limited tour Happy project sites
A joint team from the Mastercard Foundation and Agri-Impact Limited visited implementation sites of the Harnessing Agricultural Productivity and Prosperity for Youth (HAPPY) Programme...
Insurance Brokers’ services are free to clients; use them – IBAG advises public
The Insurance Brokers Association of Ghana (IBAG) has warned of a growing trend where non-professional institutions, particularly financial institutions, are selling insurance products, often...
Organized Labour accused of meddling in politics over galamsey demands
A senior lecturer at Kumasi Technical University (KsTU) has accused Organized Labour of deviating from its core mandate and meddling in politics with its...
Oil prices rise amid Gulf tensions
Crude oil prices have started an upward ride, following heightened tensions in the Middle East and the Gulf states.The prices, which eased from the...
Cocoa Carriers Association halts indefinite strike
The leadership of the Cocoa Carriers Association has decided to suspend its indefinite sit-down strike, which started on Monday, October 7.This comes after a...
Cedi recovers slightly against dollar, others; One dollar going for GH¢16.22
The Ghana cedi recovered slightly against the US dollar and the other major foreign currencies last week.This follows announcement that Ghana had secured a...
Bond market: Trade volumes drop 15.56% to GH¢609m for 2nd consecutive week
Trade volumes in the secondary bond market declined for the second consecutive week to GH¢609 million, down from GH¢722 million.Activity remained concentrated at the...
MTN Launches Yello Biz To Boost The Operations Of SME At Ghana Industrial Summit
MTN Ghana has launched an all-new package of Technology solutions to boost the operations of SMEs in Ghana.Dubbed Y’ello Biz, SME operators will benefit...
BOST named among Africa’s top 50 innovative public sector agencies
At the prestigious 5th edition of the Africa Public Sector Conference and Awards (APSCA) 2024, held in Gaborone, Botswana, Ghana’s Bulk Energy Storage and...
Ghana Chamber of Telecommunications unveils campaign to curb fibre damage
The Ghana Chamber of Telecommunications has warned that the growing fibre optic cable cuts threaten the national fibre stability.The Chamber urged the government and...
T-bills auction: Government misses target again; interest rates fall
The government missed its treasury bills target again as liquidity remained tight on the money market.According to the auction results from the Bank of...
High tax rates hindering growth in Ghana’s petroleum industry – Deloitte Report
Tax-related challenges continue to pose significant threats to Ghana’s petroleum industry, according to Deloitte’s October 2024 Oil and Gas Industry Survey.The report reveals that...