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Debt restructuring losses to be recovered in 2026 – Amin Adam assures

The government has assured Ghanaians impacted by investment losses linked to the debt restructuring program, stemming from the COVID-19-induced economic downturn, that their losses...

Bond market: Trade volumes dip to GH¢574m

Activities in the secondary bond market slowed last week, decreasing by 48.87% to GH¢574 million, down from 1.12 billion.Market turnover was distributed across the...

Ghana’s fiscal performance on track to achieve primary surplus of 0.5% of GDP – IMF

The International Monetary Fund (IMF) has revealed that Ghana’s fiscal performance is on track to achieve a primary surplus of half percent of Gross...

IMF Board passes Ghana on 3rd programmme review; approves disbursement of $360m

The International Monetary Fund (IMF) Board has passed Ghana on the third programme review and approved disbursement of some US$360 million to Ghana.This was...

Bawumia to remove taxes on mobile phones to make them cheaper

The Vice President and New Patriotic Party (NPP) presidential candidate, Dr. Mahamudu Bawumia, has reaffirmed his commitment to remove taxes on mobile phones to...

Tenure of SSNIT Board extended to Jan 6

The Minister for Employment, Labour Relations, and Pensions, Ignatius Baffour Awuah, has extended the tenure of the current Board of Trustees of the Social...

Agri-Impact group board of directors holds strategic meeting to review progress and future Plans

The Board of Directors of Agri-Impact Group Limited convened for its annual meeting last week at the Peninsula Resort in Akosombo, located in the...

Total value of mobile money transactions hit GH¢2.368trn in October 2024

Data from the Bank of Ghana has revealed that the total value of mobile money transactions hit a record GH¢2.368 trillion in the 10...

Domestic economy remains stable – BoG

The Bank of Ghana has indicated that domestic macroeconomic conditions remain stable.According to the Bank of Ghana, data observed through October 2024 indicated broad...

Ras Mubarak sues MTN Ghana for $5m over roaming service failure

Former Kumbungu Member of Parliament, Abdulai Mohammed Mubarak, popularly known as Ras Mubarak, has filed a lawsuit against Scancom PLC, operators of MTN Ghana,...

T-bills: Government’s target fall short by GH¢2.26bn; interest rate still rising

The government missed its treasury bills target again by a massive GH¢2.262 billion as liquidity remains tight on the money market ahead of the...

Tax cuts are appealing, but could deepen economic challenges – Analyst cautions incoming gov’t

A Manager of Macroeconomic Research at Ghana Commercial Bank PLC, Courage Boti, has called for a cautious approach to tax cut expectations as a...

MoMo transactions hit 728m, valued at ¢298.6bn

Data from the Bank of Ghana (BoG), shows a significant rise in mobile money transactions, highlighting the growing acceptance of digital financial services across...

Ghana’s trade surplus hits $3.8bn by October 2024

Ghana recorded a remarkable trade surplus of $3.8 billion by the end of October 2024, as reported in the Bank of Ghana's November 2024...

Secured Loans: Greater Accra accounts for 62.8% of total loans; GCB records highest at 16.4%

The total value of secured loans granted by banks and Specialised Deposit-Taking Institutions in the 3rd quarter of 2024 was concentrated in the Greater...

MGA consulting wins overall best business promotion and consultancy sector award

MGA Consulting Ghana Limited, a rapidly growing management consultancy firm, has been honoured with the Overall Best Business Promotion & Consultancy Sector Award at...

We cannot afford business as usual on debt management – AGI tells incoming gov’t

The President of the Association of Ghana Industries (AGI), Dr. Humphrey Ayim Darke, has underscored the critical importance of effective debt management as Ghana...

Elmina residents threaten gov’t with the wrath of their gods over collapse of Nduom’s businesses

Some residents of Elmina in the Komenda Edina Eguafo Abirem (KEEA) Municipality of the Central Region have issued a stern one-week ultimatum to the...

95,340 collateral registrations recorded in quarter 3, 2024 – BOG

The total number of collateral registrations recorded for Q3 2024 was 95,340, as revealed by the Bank of Ghana in its Quarterly Collateral Registry...

Gov’t boosts Agriculture through Economic Enclave Programme

The government has intensified efforts to revitalize the agricultural sector through the Economic Enclave Programme under the Ghana CARES initiative.In the Greater Accra Region,...

Total value of secured loans granted by banks, SDIs hits GH¢5.6b in Q3, 2024

The total value of secured loans granted by banks and Specialised Deposit-Taking Institutions (SDIs) in the third quarter of 2024 was GH¢5.6 billion.This is...

Thousands of job opportunities opened for the youth under Ghana’s Petroleum Hub Project – CEO

The Chief Executive Officer (CEO) of the Petroleum Hub Development Corporation, Charles Owusu, has announced that thousands of job opportunities will be created for...

Ghana Link recognized for revolutionary trade technology solutions

In a remarkable showcase of African technological leadership, Ghana Link Network Services Ltd. dominated the prestigious World Business Leaders Congress 2024 in Dubai, with...

Ghana and Seychelles sign two agreements

Ghana and Seychelles have signed a Bilateral Air Service Agreement (BASA) and a Memorandum of Understanding (MoU) to strengthen their bilateral relationship.The MOU is...

PMMC, a state agency that puts Ghana’s gold on top of Africa and the world

Established in 1963, PMMC was mandated to purchase and market Ghana’s gold and diamond resources. In 1965, the Parliament of Ghana formally endorsed PMMC...

Ghana’s economy has recovered strongly – Amin Adam

Finance Minister, Dr. Mohammed Amin Adams, has announced that the nation’s economy has fully rebounded from recent challenges.Speaking at a rally in Saboba in...

Insurance penetration rate in Ghana to remain around 1.0% – Deloitte

The insurance penetration rate in Ghana is expected to hover around 1.0% in 2024, according to Deloitte’s Africa Insurance Outlook 2024.However, insurance penetration in...

Cedi’s recovery continues; one cedi going for GH¢16.70

The Ghana cedi continued its revival for the second consecutive week, supported by increased liquidity from the Bank of Ghana.This follows the Central Bank’s...

Bond Market: Turnover soars by 13.14 percentage points on offshore investor boost

Turnover in the secondary bond market rose last week to GH¢1.12 billion, up from GH¢991 million recorded in the previous week.General category bonds made...

Tema Tank Farm celebrates a major safety milestone

Tema Tank Farm (TTF), Ghana’s leading privately-owned petroleum depot in the country, has celebrated its 2,000 days without lost time injury (LTI).This is the...

Ghana to face liquidity pressures in 2025, 2026 despite restructuring most of its debt – Fitch

Despite restructuring most of its debt, Fitch Ratings has warned that Ghana will face significant liquidity pressures going into next year and 2026.According to...

T-Bill Auction: Government misses target again; interest rates continue to rise

The government missed its treasury bills target once again by 7.0%.According to auction results from the Bank of Ghana, the government raised GH¢6.413 billion,...

AOMC CEO urges struggling OMCs to merge for a stronger industry

The CEO of the Association of Oil Marketing Companies (AOMCs), Dr Riverson Oppong, has called on underperforming Oil Marketing Companies (OMCs) to consider merging...

BoG Governor calls for increased preparedness to respond to financial sector challenges

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has called for increased preparedness to anticipate, adapt, and respond to emerging challenges...

Dr. Papa Kwesi Nduom vows to reclaim Groupe Nduom’s stolen assets

The Global Chairman of Groupe Nduom, Dr. Papa Kwesi Nduom, has vowed to reclaim all assets he claims were unlawfully taken from Groupe Nduom.Speaking...

Pan-African Savings and Loans supports Ghana Blind Union with borehole

Pan-African Savings and Loans (Pan-African), as part of its Corporate Social Responsibility (CSR) initiatives, has donated a borehole to the Ghana Blind Union.This donation...

Goldkey’s construction of the Bank Square affirms capabilities of local businesses

The recent inauguration of Bank Square, the new headquarters of the Bank of Ghana (BoG), constructed by Goldkey Properties Limited, a wholly Ghanaian real...

Mahama slams cocobod over GHC3.4bn headquarters spending amid cocoa sector decline

Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has criticized Cocobod for prioritizing excessive spending at its Accra headquarters instead of investing...

IMF board to disburse $360m to Ghana in December after third review

The International Monetary Fund (IMF) board is set to meet in early December and approve the disbursement of US$360 million to Ghana.This will be...

Asian African Consortium assures investors of sustainable rice production and food security

The Northern Sector Coordinator of the Asian African Consortium (AAC), a subsidiary of the Jospong Group of Companies, Peter Dawuni, has reaffirmed the company's...