Cocoa Carriers Association to begin indefinite sit-down strike today
The leadership of the Cocoa Carriers Association has instructed its members at the Tema, Takoradi, and Kumasi depots of the Cocoa Marketing Company Limited...
Taylor Swift becomes richest female musician with net worth of $1.6 billion
Taylor Swift has surpassed Rihanna to become the world’s richest female musician, with a net worth estimated to be a whopping $1.6 billion.Swift’s ascent was confirmed on...
5 Nobel-worthy discoveries that haven’t won the prize
The best minds in science will be thrust from academic obscurity into the spotlight next week when the Nobel Prizes in physics, chemistry, and...
NK-Salem Creative Hub: A dynamic space for creative professionals
NK-Salem Creative Hub has established itself as a forward-thinking powerhouse in the creative and tech industries, offering a range of services designed to foster...
Does Ghana’s monetary policy rate predict outcome of presidential elections?
The Monetary Policy Rate (MPR) is a key tool used by central banks to control inflation and influence the cost of borrowing in an...
Implementation gaps hinder business climate in 50 economies – World Bank
Economies do better at enacting regulations to improve the national business climate than they do in providing the public services needed to secure actual...
Ghana saves $5bn from Eurobond debt restructuring
In a significant move towards economic recovery, Ghana has successfully completed its Eurobond debt exchange, restructuring $13 billion of its external debt.This achievement follows...
Ghana’s progress on debt restructuring remarkable – IMF
Ghana has made remarkable progress on its public debt restructuring, the International Monetary Fund(IMF) has stated in its Third Review of Ghana’s Economic Facility...
Ghana loses $2.4bn to galamsey annually – Prof. Bokpin
A professor of Economics and Finance at the University of Ghana Business School, Prof Godfred Bokpin has revealed that the state loses more than $2.4...
NEIP disburses GH¢3m grant to 5th season Presidential Pitch winners
The National Entrepreneurship and Innovation Programme (NEIP) has awarded a GH¢3 million grant to winners of the 5th season of the Presidential Pitch.This initiative,...
Winners of the 5th edition of the Presidential Pitch applaud Akufo-Addo
The winners of the 5th edition of the Presidential Pitch have expressed their gratitude to the President for the initiative, which aims to empower...
IMF reaches Staff-Level Agreement on third review with Ghana
An International Monetary Fund (IMF) team, led by Mission Chief for Ghana, Stéphane Roudet, has reached a Staff-Level Agreement on the Third Review of...
Significant number of Eurobond holders opt for disco option in debt restructuring deal
A significant number of bondholders who participated in the Eurobond Debt Exchange Programme opted for the disco menu of new notes.This means that the...
We are back to capital market after restructuring $13bn Eurobond debt – Finance Minister
The Minister of Finance, Dr. Mohammed Amin Adam has indicated that Ghana is back on the international capital market, following the successful conclusion of...
Ghana places 4th in Africa with highest outstanding debt to IMF
Ghana placed 4th in Africa with the highest outstanding debt to the International Monetary Fund, the Fund’s 2024 Quarterly Financial Statement has revealed.The country’s...
All you need to know about the Ghana Gold Coin
Ghana is set to introduce its highly anticipated Ghana Gold Coin (GGC), giving residents a new avenue for investment.Dr. Steve Opata, an advisor at...
ADB wins big at CIMG Customer Satisfaction event
The Agricultural Development Bank (ADB) PLC has received several 5-Star ratings at the Chartered Institute of Marketing Ghana (CIMG) Customer Satisfaction Survey Index Report...
Eurobond Debt Exchange Programme: Gov’t secures more than 90% participation
The government has secured significant participation from investors in the Eurobond Debt Exchange Programme.This is what Joy Business has picked up from persons familiar...
OpenAI value surges to $157bn in funding deal
OpenAI, the maker of ChatGPT, has raised $6.6bn in its latest funding round, as investors including its early backer Microsoft continue to bet big...
The People’s Forum: Traders in Nsawam market lament low patronage amid high prices
Traders and buyers at the Nsawam cassava and plantain market in the Nsawam-Adoagyire Municipality of the Eastern Region have expressed concerns over low sales...
Address shifts in food supply, agric labour as a result of climate change effects – GSS to Gov’t
The Government Statistician, Professor Samuel Kobina Annim has asked government to address shifts in food supply and agricultural labour due to climate change effects.He...
BoG to auction $120m to BDCs in quarter 4, 2024
The Bank of Ghana will auction $120 million to Bulk Oil Distribution Companies (BDCs) in the fourth quarter of 2024.This is the same amount...
Increases in food prices will continue – GAWU warns
The General Agriculture Workers Union (GAWU), is predicting food prices will continue to surge in the coming months despite government’s policy intervention.This follows the...
Proper recycling of electronic materials is central to combating climate change – CEO of Electro Ghana Limited
The Chief Executive Officer of Electro Ghana Limited, Nana Yaw Konadu, has revealed that proper recycling of electronic materials is central to combating the...
Inflation rises marginally to 21.5% for September
The inflation rate for September 2024 increased to 21.5 percent from 20.4 percent in August.This rise is due to an increase in food inflation,...
Dry spell: Gov’t set to distribute food grants to over 800k farmers
The government will from October 10, 2024, distribute food grants to over 800,000 farmers affected by the dry spell that hit the northern and...
Nacasky achieves record revenue and customer milestones
Nacasky Company Limited, a leading IT solution provider, has reached significant milestones since partnering with Intercity STC and other transport organisations.The company has generated...
Ghana faces increased cocoa smuggling risk as Ivory Coast raises farmgate prices
Ghana is at a heightened risk of cocoa smuggling following the Ivory Coast’s recent decision to raise its farmgate price for cocoa, surpassing Ghana's...
Get licensed or shut down – Trade Minister directs cement producers
The Minister of Trade and Industry, K. T. Hammond, has directed cement manufacturers to secure licences or halt production immediately.The minister issued the directive...
Bond market: Traded volume declined 20.48% to GH¢722m
Activities in the secondary bond market declined by 20.48%, falling from GH¢908 million to GH¢722 million.The February 2027 maturities dominated trading, capturing 47.2% of...
Inaugural Global Conference on Human Resources and AI in Africa slated for October
The Global Conference on Human Resources in Africa (#GCHRA24) is set to take place October 24-25th in Accra, Ghana with the theme, “A Global Discourse on Exploring...
 Government misses treasury bill target by GH₵2.6 Billion amid liquidity crunch
Liquidity in Ghana’s money market remains tight as the government missed its treasury bill target by GH₵2.6 billion in the most recent auction.According to...
NBA legend Mutombo dies from brain cancer aged 58
NBA Hall of Famer Dikembe Mutombo has died from brain cancer at the age of 58.The eight-time NBA All-Star, who retired in 2009, spent...
Ghana’s economy to rise to 3-year high of 5.5% – Fitch Solutions
Fitch Solutions is forecasting an economic growth in Ghana to rise from 2.9% in 2023 to a three-year high of 5.5% in 2024.The latest...
Cedi holds steady in retail market amid rising demand; one dollar equals GH¢16.25
The local currency remained stable in the retail market last week but faced pressure in the interbank market.The pressure was due to a renewed...
Galamsey: AngloGold Ashanti warns of production risks and health hazards
Several mining companies in the Western Region are raising alarms over the escalating encroachment of illegal mining activities, locally referred to as galamsey.AngloGold Ashanti,...
Tariff increment reflects broader economic issues – Edward Bawa
Member of Parliament's Mines and Energy Committee, Edward Bawa, has stated that the recent increase in utility tariffs is indicative of larger economic challenges...
Total mobile money transactions hit GH¢1.775trn
The total value of mobile money transactions hit GH¢1.775 trillion in eight months of 2024, data from the Bank of Ghana has revealed.This is...
Ghana secures $30M UAE grant for forest conservation
The Ministry of Lands and Natural Resources, on behalf of the Forestry Commission, has signed a Letter of Intent with the Government of the...
Spare parts dealers accuse gov’t of collapsing their businesses
Spare parts dealers at Kokompe in the Greater Accra region have expressed worry over what they describe as a deliberate attempt by the government...