HomeBusinessBusiness

Business

Gold Board concept needs clarity – Abu Jinapor

The Member of Parliament for the Damongo Constituency and former Minister for Lands and Natural Resources, Samuel A. Jinapor, has called on the government...

All the photos you need to see from National Economic Dialogue

President John Dramani Mahama on Monday, March 3, opened the National Economic Dialogue, a landmark initiative aimed at "Resetting Ghana: Building the Economy We...

Minority vows to resist new tax increases

The Minority has strongly opposed any move by the government to introduce new taxes or increase existing ones, warning that such measures will further...

Finance Minister warns Ghana’s economic crisis is not over

The Minister for Finance, Dr. Cassiel Ato Forson, has cautioned that Ghana’s economic crisis is far from over, urging stakeholders to remain focused on...

Finance Minister admits Ghana faces serious fiscal challenges

The Minister for Finance, Dr. Cassiel Ato Forson, has admitted that Ghana is grappling with serious fiscal challenges, stressing the need for urgent and...

Recent reduction in T-bills has saved Ghana GH¢1bn – Ato Forson

The Minister for Finance, Dr. Cassiel Ato Forson, has revealed that Ghana has saved approximately GH¢1 billion following a recent reduction in Treasury bill...

National Economic Dialogue is pivotal in Ghana’s history – Finance Minister

The Minister for Finance, Dr. Cassiel Ato Forson, has described the ongoing National Economic Dialogue as a crucial moment in Ghana’s economic trajectory. Speaking at...

BoG warns against photocopying Ghana Cards for banking transactions

The Bank of Ghana (BoG) has issued a firm directive against photocopying Ghana Cards for banking transactions, emphasizing that biometric verification must be the...

Ghana’s NLA boss, appointed Veep of Association of African Lotteries

The Director-General of the National Lottery Authority (NLA), Mohammed Abdul-Salam, has been appointed Vice President of the African Lotteries Association (ALA). Mr. Abdul-Salam’s appointment as...

Ghana Fintech Awards: eTranzact Ghana awarded Best Fintech Company

eTranzact Ghana, a leading provider of payments technology, was awarded the title of ‘Fintech Company of the Year’ at the 4th Ghana Fintech Awards,...

Outcome of ‘historic’ National Economic Dialogue will find expression in upcoming budget – Ato Forson

The Minister for Finance, Dr. Cassiel Ato Forson, has assured that the outcomes of the 2025 National Economic Dialogue will be incorporated into the...

Parliament summons BoG Governor on March 5 to address new HQ concerns

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, is set to appear before Parliament on Wednesday, March 5, 2025, to address...

Gov’t has borrowed GH¢67bn from T-bills in two months – Gideon Boako

Member of Parliament for Tano North, Dr. Gideon Boako, has revealed that the Mahama-led government borrowed GH¢67 billion from the treasury bill (T-bill) market...

Ghana in a much poorer state despite $20bn growth in the economy – Bokpin

Finance and economics professor at the University of Ghana Business School (UGBS), Godfred Bokpin, has stated that despite Ghana’s economic growth over the years,...

Ghana recorded a trade surplus of GH₵20.5bn in Q4 of 2024

Ghana recorded a trade surplus of GH₵20.5 billion in the fourth quarter of 2024, an increase from GH₵6.1 billion in the same period in...

Gov’t pursues US$250m World Bank funding to support banks affected by DDEP

In an effort to restore financial stability in the wake of the Domestic Debt Exchange Programme (DDEP), the Government of Ghana is in advanced...

Ghana cocoa arrivals up 70% due to better crop, smuggling crackdown

Cocoa deliveries to warehouses in Ghana, the world's second-largest producer, are about 70% higher than last season. According to Bloomberg, this significant increase has been...

Cement prices surge again as retailers cite import costs

Cement prices in Ghana are set to rise sharply, with retailers planning to increase the cost by approximately GHC 9 per bag starting Thursday,...

Energy Minister John Jinapor engages partners of East Cape Three Point Block

The Minister for Energy and Green Transition, John Abdulai Jinapor, on Wednesday, 26th February 2025, held discussions with key partners of the 1,560-square-kilometre East...

Ghana Link Network Services Ltd responds to Weighbridge System reports

Ghana Link Network Services Ltd has dismissed reports suggesting that the weighbridge system under the Integrated Customs Management System (ICUMS) at Tema Port was...

Restore Local officially launches to boost locally-led land restoration across Africa

Restore Local, an initiative dedicated to accelerating locally led land restoration across Africa has officially launched. Convened by the World Resources Institute (WRI), this drive...

Inflation to end 2025 at 13.6% – Fitch Solutions

Fitch Solutions is projecting inflation to average 18.8% year-on-year over 2025, and end the year at 13.6%. This will nudge back down towards the pre-pandemic...

Mahama appoints Isaac Adongo, Thomas Ampem, Dr. Asiama, others to Bank of Ghana board

President John Dramani Mahama has appointed Isaac Adongo, Thomas Ampem, Dr. Johnson Asiama, and several others as members of the Bank of Ghana board. This...

Mahama appoints Bernard Ohemeng-Baah as Acting Deputy Commissioner of Insurance

President John Mahama has appointed Bernard Ohemeng-Baah, a lecturer at the University of Ghana Business School, as the Acting Deputy Commissioner of Insurance. In this...

Urban workers face longer hours than rural counterparts – GSS report

The Ghana Statistical Service (GSS) has revealed that a higher proportion of workers in urban centers work excessive hours compared to those in rural...

We will reverse BoG’s negative equity – Governor Asiama

The newly sworn-in Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has outlined plans to address the central bank’s negative equity position...

Deputy Energy Minister nominee supports partial privatisation of ECG’s operations

Deputy Minister nominee for Energy and Green Transition, Richard Gyan-Mensah, has backed calls for the partial privatisation of the Electricity Company of Ghana (ECG),...

I won’t ask you to print more money – Mahama assures BoG

President John Dramani Mahama has reaffirmed his commitment to fiscal discipline, assuring the newly sworn-in Governor and Deputy Governor of the Bank of Ghana...

BoG Governor vows to restore public trust in financial sector

Governor of the Bank of Ghana, Dr. Johnson Asiama, has pledged to restore public trust and confidence in the financial sector, assuring Ghanaians of...

Mahama swears in BoG governors, tasks them with stabilizing economy

President John Dramani Mahama has sworn in the newly appointed Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, and First Deputy Governor,...

Ghana must plan for a future without aid – Deputy Finance Minister-designate

Deputy Minister for Finance-designate, Thomas Nyarko Ampem, has emphasized the urgent need for Ghana to plan for a future without foreign aid following the...

Transport Minister pledges support for Shippers Authority

Minister of Transport, Joseph Bukari Nikpe, has assured the Ghana Shippers Authority (GSA) of the government’s commitment to ensuring that shipping lines do not...

Energy Minister meets IPPs, power sector agencies on reliable power supply strategies

The Minister for Energy and Green Transition, John Abdulai Jinapor, has met with Independent Power Producers (IPPs) and key stakeholders in the power sector...

Sir Sam Jonah condemns revocation of UT Bank licence, calls for business-friendly policies

Businessman and Executive Chairman of Jonah Capital, Sir Sam Jonah, has delivered a scathing critique of the revocation of the license of UT Bank. He...

We are committed to reviewing Cash Reserve Ratio for banks – BoG Governor

The Governor of the Bank of Ghana, Dr. Johnson Asiama, has revealed that the central bank is committed to reviewing the current Cash Reserve...

Nearly GH₵345m saved through 1st phase of nationwide payroll monitoring exercise – FWSC

The Fair Wages and Salaries Commission says it has saved Ghana a substantial GH₵345 million through the first phase of a nationwide payroll monitoring...

AGI President cautions against untargeted expenditure cuts in 2025 budget

President of the Association of Ghana Industries (AGI), Dr. Humphrey Ayim-Darke, has warned that the government's planned expenditure cuts could harm the economy if...

UT Bank collapse is economic injustice – Sam Jonah

Renowned businessman and Executive Chairman of Jonah Capital, Sir Sam Jonah, has strongly criticised the collapse of UT Bank, describing it as a significant...

WAPCO completes 70% of pipeline cleaning

The West Africa Gas Pipeline Company Limited (WAPCo) has announced that ongoing maintenance work on its gas pipelines is expected to be completed by...

Oil palm exports drop by over 50%

Ghana’s oil palm export for 2024 dropped by more than 50%, according to the Oil Palm Development Association of Ghana. The president of the association,...