HomeBusiness

Business

Ghana Gold Board formation: Finance Min. inaugurates technical committee to draft legal framework

Finance Minister, Dr. Cassiel Ato Forson, Ph.D., has officially inaugurated a Technical Committee tasked with developing the legal and operational framework for the establishment...

IEA calls for budget to address huge legacy debt and restore financial sustainability

The Institute of Economic Affairs (IEA) is calling for a budget that specifies a comprehensive plan to address the huge legacy debt in the...

Security prevents alleged NDC thugs from attacking GRA headquarters

Security personnel at the Ghana Revenue Authority (GRA) Headquarters in Accra have prevented an alleged group of National Democratic Congress (NDC) supporters from causing...

Ghana’s projected growth rates for next 5 years by IMF below potential – IEA

The Institute for Economic Affairs (IEA) has described the projected growth rates for Ghana’s economy in the next five years, as provided by the...

Taptap Send Partners with Manhyia Palace in Ghana to drive development through fee-free remittances

Taptap Send, a prominent global remittance platform, is taking bold steps to deepen its role in community-driven development.The company has announced a strategic partnership...

Banks’ average lending rate hovered around 30% during the second half of 2024

Banks' average lending rates hovered around the 30% bracket during the second half of the year, after declining from 32% at the beginning of...

We have capacity to support 24-hour port operations – Customs

Assistant Commissioner Theresa Potakey, the new Sector Commander of the Tema Collection, Customs Division of the Ghana Revenue Authority (GRA), says Customs has enough...

GNPC welcomes new CEO: Edward Abambire Bawa set to lead with vision

The Ghana National Petroleum Corporation (GNPC) has announced the appointment of Edward Abambire Bawa as its new Chief Executive Officer, succeeding Mr. Joseph Dadzie,...

Ghana’s public debt falls to GH¢736 billion

Ghana's public debt stock has seen a decline, falling to GH¢736.0 billion in November 2024 from GH¢761.0 billion in October 2024, according to the...

7-member committee inaugurated to explore private sector participation in ECG operations

The Energy and Green Transition Minister, John Abdulai Jinapor, on Friday inaugurated a seven-member committee to explore options for private sector involvement in the...

AT announces exciting 2025 plans to enhance customer experience

Telecommunications giant AT has unveiled its plans for 2025, focusing on innovation, growth, and improving customer experiences.In a statement, the company outlined key initiatives...

Ghana’s public debt stock declines to GH¢761.0bn in November 2024 – BoG  

Ghana’s total public debt fell by GH¢24.1 billion month-on-month to GH¢761.0 billion in November 2024, the Bank of Ghana has disclosed in its January...

NCA staff congratulate new Ag. Director General, thanks Mahama for acknowledging his hard work

The National Communications Authority Staff Association (NCASA) has commended President John Dramani Mahama for appointing Rev. Ing. Edmund Yirenkyi Fianko as the Acting Director...

Cedi depreciates by 2.4% against dollar in January 2025 – BoG

The Ghana cedi lost 2.4% in value to the US dollar in the first month of 2025, compared to a depreciation of 1.3% during...

Mahama appoints Sylvester Mensah as Acting CEO of Ghana Export–Import Bank

President John Dramani Mahama has appointed Sylvester Adinam Mensah as the Acting Chief Executive Officer of the Ghana Export–Import Bank (GEXIM).Mr. Mensah will spearhead...

ECG Debt: Gov’t to investigate huge debt and reckless procurement – John Jinapor

Energy Minister John Abdulai Jinapor has announced the establishment of a committee to investigate the rising debt and procurement practices at the Electricity Company...

ECG Privatisation: Energy Minister sets committee to design roadmap

The Ministry of Energy has inaugurated a seven-member technical committee tasked with developing a roadmap for private sector participation in power distribution across the...

We will resist any attempt to introduce new taxes – GNCCI

The Ghana National Chamber of Commerce and Industry (GNCCI) has warned the government not to introduce new taxes or increase existing taxes in the...

President Mahama appoints Dr. Christopher Boadi-Mensah as new CEO of NPRA

President John Mahama has appointed insurance consultant and current boss of Byll Wych Insurance Brokers, Dr. Christopher Boadi-Mensah, as Chief Executive Officer of the...

Increase betting tax to make it effective – GNCCI boss

The CEO of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu Aboagye, has argued that the current betting tax rate is...

Ato Forson gains support from customs staff to address financial sector issues

The Customs Staff Association (CSA) has expressed its commitment to supporting Finance Minister Dr. Cassiel Ato Forson in addressing financial challenges and strengthening the...

Finance Minister calls for collective effort to restore Ghana’s economy

Finance Minister Dr. Cassiel Ato Forson has urged staff at the Ministry of Finance to join hands in rebuilding Ghana’s economy, stressing the importance...

We’ll prioritise the needs of Ghanaians – Ato Forson tells Finance Ministry staff

Ghana’s newly appointed Minister of Finance, Dr. Cassiel Ato Forson, has called on his team to unite in steering the nation toward economic stability.Addressing...

Diaspora Property Expo 2025: A bridge to hassle-free investment in Ghana

The Ghanaian diaspora in the United States gathered at the Embassy of Ghana in Washington, D.C., on January 22, 2025, for the launch of...

Fidelity bank dismisses reports of seizing US$25m from MIIF

Fidelity Bank has strongly dismissed allegations of seizing US$25 million from the Minerals Income Investment Fund (MIIF).Earlier reports suggested that in 2024, MIIF, operating...

PUWU reacts to ACEP’s alleged illegal connections claims

The Public Utilities Workers Union (PUWU) of the Trades Union Congress (TUC) Ghana has dismissed allegations of illegal connections against workers of the Electricity...

I pledge to work tirelessly as Finance Minister – Ato Forson

Ghana's Finance Minister and immediate past Majority Leader, Dr. Cassiel Ato Forson, has reaffirmed his commitment to serving the nation.In his final address as...

Oti Regional Minister-designate pledges to establish processing factories

The Regional Minister-Designate for the Oti Region, John Kwadwo Gyapong, has pledged to collaborate with industry stakeholders to establish processing factories aimed at enhancing...

Sammi Awuku advises against burying lottery proceeds in Consolidated Fund

Sammi Awuku, the former Director General of the National Lottery Authority (NLA), has called on the government to establish specific targets for the proceeds...

GRA exceeds 2024 revenue target, mobilizes GH₵153bn

The Ghana Revenue Authority (GRA) has exceeded its revenue target for 2024 by mobilizing GH₵153.5 billion.Data seen by JOYBUSINESS shows that the GRA mobilized GH₵7.5 billion...

Women’s bank to offer credit at low interest, flexible terms – Gender Minister-designate

Member of Parliament for Nungua and Minister-designate for Women, Children, and Social Protection, Dr. Agnes Naa Momo Lartey, has said that plans to establish...

Komenda Sugar Factory will be revived – Trade Minister-designate 

Minister-designate for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has pledged to revamp the Komenda Sugar Factory to the benefit of Ghanaians.Appearing before the Appointments...

GTPCWU demands independent probe of immediate-past TOR board

The General Transport Petroleum and Chemical Workers Union (GTPCWU) of TUC has called on President John Mahama to immediately investigate the operations of the...

Trade Minister-Designate unveils vision to boost exports

The Minister-Designate for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has outlined a strategic plan to leverage international trade agreements, particularly the African Continental Free...

We’ll tackle 1D1F hurdles with a 24-Hour economy – Elizabeth Ofosu-Adjare

Minister-Designate for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has proposed a 24-hour economy to address challenges facing the One District, One Factory (1D1F) initiative.Speaking...

Reboot Your Life Series: Entrepreneur urges aspiring business owners to embrace innovation

Entrepreneur and CEO of Tiwajo Industries Ltd., Mrs. Ivy Appiah, has advised aspiring entrepreneurs to embrace innovation and seize opportunities to thrive in business.Speaking...

Ato Forson declares Ghana open for business, invites investments and partnerships

Ghana’s newly approved Finance Minister, Dr. Cassiel Ato Forson, has assured Ghanaians of his dedication to fostering economic growth and attracting global partnerships.His nomination,...

Anthony Sarpong appointed Acting Commissioner-General of GRA

President John Mahama has appointed Senior Partner at KPMG Ghana, Anthony Kwasi Sarpong as the Acting Commissioner-General of the Ghana Revenue Authority (GRA).The appointment...

U-Fresh company unveils James Gardiner as brand Ambassador

U-Fresh Company Limited has reaffirmed its commitment to fostering economic growth, improving the lives of Ghanaians, and creating more job opportunities through impactful social...

Police intercept truck carrying over 150 bags of cocoa at Gulumpe

The Ghana Police Service has intercepted a truck carrying over 150 bags of cocoa beans at Gulumpe, a town on the Kintampo-Buipe highway in...