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Five cement manufacturers boycott meeting with KT Hammond

Some five Cement manufacturers on Monday boycotted a scheduled meeting with the Minister of Trade and Industry, Kobina Tahir (K.T) Hammond. The meeting was to...

Ghana Link receives notable recognition at Shippers Awards

Ghana Link Network Services Limited achieved notable recognition at the 6th Ghana Shippers’ Summit and Awards, securing three prestigious awards. The company, known for its...

Ghana Plastic Manufacturers’ Association to embark on demo

The Ghana Plastic Manufacturers Association has announced plans to stage a demonstration on Wednesday, July 10. The march is to protest the imposition of a...

Gov’t announces minimum Mango price per kilogram

The government prior to the 2024 major mango season in Ghana set the minimum purchase price of mango to be GH¢4 per kilogram, effective...

Trade Minister rushed without addressing real issues – Cement Manufacturers

The Cement Manufacturers Association has said Trade Minister, Kobina Tahir (K.T) Hammond rushed in presenting his proposed legislative instrument(L.I) before parliament. In an interview on...

Government secures $2.8bn debt relief from bilateral creditors

The government has successfully secured $2.8 billion in debt relief from bilateral creditors, marking a significant step towards Ghana's fiscal sustainability and economic recovery. The...

Cement manufacturers accused of withholding information to address soaring prices

Chairman of a committee tasked by the Trade Minister to formulate plans to address the soaring price of cement products has accused cement manufacturers...

LPG Marketers Association predict further hike in gas prices [Video]

https://youtu.be/0jbD1mNB30U The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has expressed worry people may return to the use of charcoal due to the surge...

Economy showing signs of strong recovery – Finance Minister

The Finance Minister, Dr Mohammed Amin Adam has announced that Ghana's economy is showing strong signs of recovery. At a press briefing on Monday, July...

BOST partly blamed for continuous fuel price surge [Audio]

The Institute of Energy Security (IES) has said the Bulk Oil Storage and Transportation Company Ltd (BOST) is partly responsible for the fuel price...

GSA to shut down cement factories using inferior materials

The Ghana Standards Authority (GSA) is preparing to close down some cement manufacturing firms that are producing at a low quality. The move is part...

IMF: Third tranche of $360m to hit Ghana’s account today

The third tranche of the International Monetary Fund's (IMF) 360 million dollar release is expected to hit Ghana’s account today, Monday, July 1, following...

Bono farmers bemoan high cost of inputs, poor pricing of products

Farmers at a two-day Bono Regional AbinBev inputs fair held last Thursday and Friday at Wenchi have bemoaned the high cost of farm inputs...

Banks to continue to record poor loan quality in 2024 – Fitch Solutions

The majority of banks in Ghana will continue to record poor loan quality in 2024, reducing their incentive to increase lending and keeping their...

T-bills auction: Government records 12.79% oversubscription; interest rates stay unchanged

The government recorded about 12.79% oversubscription of treasury bill sales at a reduced target. According to the latest T-bills auction by the Bank of Ghana....

We mustn’t downplay the importance of debt restructuring – Danquah Institute

Economist and Director of Research at the Danquah Institute, Dr Frank Bannor says the debt restructuring was important to boost the economy. His remarks follow...

End of debt restructuring will unlock more multinational financing – Theo Acheampong

Political risk analyst, Dr Theo Acheampong has projected positive results in the future as debt restructuring ends. He believes the indicators so far point to...

IMF: Thanks for your patience – Finance Minister to Ghanaians as government anticipates $360m

The Finance Minister has expressed his appreciation to Ghanaians as the country navigates the conditionalities in securing the results of the International Monetary Fund...

Energy Minister calls on global investors to invest in Ghana’s energy sector

The Minister of Energy, Dr Matthew Opoku Prempeh, has urged global energy leaders and experts to invest in Ghana's energy sector, which is being...

IPPs Chamber rejects Finance Minister’s haircut claim

The Chief Executive Officer of the Chamber of Independent Power Generators, Ghana (IPPS), Dr. Elikplim Kwabla Apetorgbor, has dismissed the Minister of Finance, Dr....

Ghana’s national airline efforts stalled

Ghana’s efforts to establish a national airline has hit a snag as officials struggle to complete the necessary processes to start operations before the...

SSNIT ordered to suspend Rock City investment plans

The National Pensions Regulatory Authority (NPRA) has ordered the Social Security and National Insurance Trust (SSNIT) to halt plans to involve Rock City Limited...

Payment of cash grants to LEAP beneficiaries will not delay any longer – Gender Minister assures

The Minister of Gender, Children and Social Protection, Dakoa Newman, has assured beneficiaries of the Livelihood Empowerment Against Poverty (LEAP) program that the payment...

IMF commends Ghana’s economic strategy, releases $360 million in latest review

The Executive Board of the International Monetary Fund (IMF) had just wrapped up their second review of Ghana’s US$3 billion, 36-month Extended Credit Facility...

Bank of Ghana to issue climate risk directive to commercial banks

The Bank of Ghana (BoG) has completed a draft document on climate risk assessment to be issued to the commercial banks operating in the...

NPRA directs SSNIT to suspend Hotel sale negotiations with Rock City

The National Pensions Regulatory Authority (NPRA) has instructed the Social Security and National Insurance Trust (SSNIT) to halt its current negotiations with Rock City...

We’ve gone past the era of price controls – GNCCI President tells Trade Minister

The President of the Ghana National Chamber of Commerce and Industry (GNCCI), Dr Clement Osei Amoako has appealed to the Minister of Trade and...

GCB Bank PLC posts strong financial performance in 2023

Ghana Commercial Bank PLC has reported a remarkable financial performance for the 2023 fiscal year, showcasing resilience and a robust recovery following the Domestic...

Cement prices to go up amid L.I debate

Amid an intense debate over a proposed legislative measure led by Ghana’s Trade and Industry Minister, K.T. Hammond, aimed at regulating cement prices, cement...

Cedi to stabilise against dollar from July after debt restructuring deal – Dr. Adu Sakordie

Economist, Dr. Adu Owusu Sakodie has said he expects the cedi to make some gains from July this year following the conclusion of the...

We have gone past era of price controls- GNCCI President tells Trade Minister

The President of the Ghana National Chamber of Commerce and Industry (GNCCI), Dr. Clement Osei Amoako has appealed to the Minister of Trade and...

Why is the price control L.I for cement only? – John Gatsi quizzes

The Dean of the University of Cape Coast Business School, Professor John Gatsi, is questioning the rationale behind establishing a legislative instrument specifically aimed...

Fuel prices to go up July 1 – COPEC

The Chamber for Petroleum Consumers (COPEC) has projected a rise in fuel prices for the first pricing window of July 2024. According to COPEC, retail...

First mini fair of Ecobank-JoyNews Habitat Fair commences today at Achimota Mall

The first mini-fair of the Ecobank-JoyNews Habitat Fair will start today, Friday, June 28, 2024, at the Achimota Mall in the Greater Accra region. The...

Ghana’s economy will not return to pre-pandemic average growth rate of 5.3% in 2025

Ghana’s economy will not return to the five-year pre-Covid-19 pandemic average growth rate of 5.3% in 2025 According to Fitch Solutions, this is due to...

CalBank announces discontinuation of legal action against bank’s GH¢600m Rights Issue

CalBank Plc has informed its shareholders that the legal challenge to its GH¢600 million Rights Issue has been discontinued. This development follows an injunction placed...

Borrowers urged to promptly repay loans to safeguard Ghana’s financial ecosystem

A Senior at the Assurance Unit of Deloitte Ghana, Kwame Osei Bonsu, is cautioning businesses and borrowers to promptly repay their loans acquired from...

Tanzania Economic and Finance Stakeholders call for continental adoption of GEXIM’s Tuesday market

A team of Economic and Finance experts from the United Republic of Tanzania currently visiting the country have made a call on African leaders...

Remittances: Ghana places 2nd in Sub-Sahara Africa with $4.6bn in 2023 – WB Report

Ghana emerged as the second-largest recipient of remittances in Sub-Saharan Africa in 2023, receiving an estimated $4.6 billion, according to the World Bank's 2024...

Government increases grants for LEAP beneficiaries, announces date for disbursement

The Ministry of Gender, Children and Social Protection (MoGCSP) has announced an increase in cash grants for beneficiary households under the Livelihood Empowerment Against...