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TUC presses for increased power on SSNIT board to oppose Bryan Acheampong, other deals

The Trades Union Congress (TUC) has advocated for a majority of representation on the Social Security and National Insurance Trust (SSNIT) Board to exert...

Crude oil production dropped from 71.44m to 48.25m barrels in 2023 – PIAC Report

A report by the Public Interest and Accountability Committee (PIAC) has said that crude oil production in Ghana declined for the fourth consecutive year...

Improve energy sector governance to address power challenges – IMF to Ghana

The International Monetary Fund (IMF) has urged Ghana’s government to improve the country’s energy sector governance architecture to address the challenges that have contributed...

Bond market: Total market turnover rebounds to GH¢762.41m

Trading activity on the secondary bond market activity more than doubled in last week’s sessions. The total volume of transactions increased by 2.48 week-on-week to...

BoG grants Zeepay approval for outbound money transfer

Fintech business Zeepay, has secured regulatory approval from the Bank of Ghana for its outbound money transfer service. This service enables cross-border payments from Ghana...

NPA increases price floor for diesel to GH₵13.15; petrol reduced to GH₵13.60

The National Petroleum Authority (NPA) has announced new price floor for oil marketing companies and other players selling petroleum products from May 15 to...

Government defends proposed tax on big tech revenues

The Ghanaian government has justified its proposed tax on revenues generated by large technology firms such as Google, YouTube, and Facebook within the country. This...

IEA outlines measures to stabilise Ghana’s “bleeding” cedi

The Institute of Economic Affairs (IEA) has proposed several strategies to stabilize the depreciation of the Cedi. They stressed the need for immediate and concurrent...

Directive to halt cement prices in bad taste; will be difficult to implement – Gov’t told 

The Executive Secretary of the Ghana Real Estate Development Association (GREDA), has downplayed the feasibility of the government’s directive for the reversal of cement...

Cement prices: Just don’t sit and issue directives – GREDA Executive Secretary to gov’t 

The Executive Secretary of the Ghana Real Estate Development Association (GREDA), Sammy Amegayibor urged the government to be proactive in handling the recent cement...

Minority demands forensic audit of World Bank, GARID operations

The Member of Parliament for Ho West, Emmanuel Kwasi Bedzrah, has called for a forensic audit into the operations of the World Bank’s country...

Faulty undersea cables fixed; Telcos call for better cable infrastructure protection

Following the recent repair of undersea cables that disrupted internet connectivity in March 2024, stakeholders are urging the government to strengthen the protection of...

PETROSOL appoints former CEO of VALCO as its Board Chairman

PETROSOL has appointed Daniel Acheampong, a distinguished corporate leader and former Chief Executive Officer of Volta Aluminium Company Ltd (VALCO), as its Board Chairman. He...

We make less than GH₵2 profit on a bag of cement – Distributors

The Chairman of the Association of Cement Distributors, Alhaji Abdul Razak Yahaya has expressed worry over the recent price hikes in cement products. Alhaji Razak...

AfDB warns about high level of debt facing African countries

The African Development Bank (AfDB) is warning about the higher level of debt that African countries are carrying even before the onset of the...

Minority rejects govt’s call to halt cement price hikes

The Minority in Parliament has dismissed the government's directive to halt the increase in cement prices, calling it unrealistic and unlawful. This follows a directive...

Central Bank completes first proof of concept as part of Project DESFT

The Bank of Ghana (BoG) has completed the first Proof Of Concept (POC) as part of Project Digital Economy Semi-Fungible Token (DESFT). It demonstrates the...

Govt will act to prevent cedi from depreciating to GH¢18 per dollar – Currency Analyst

Currency Analyst Collins Appiah has expressed confidence that the Ghanaian government will take measures to prevent the cedi from depreciating to GH¢18 against the...

Depreciating Cedi to erode projected fuel price reduction

Despite the global decline in petroleum prices, fuel consumers in Ghana are unlikely to reap the benefits of expected decreases at the pump. The rapid...

We don’t calculate customs duties in foreign currency – GRA clarifies

The Ghana Revenue Authority (GRA) has refuted claims that it computes customs duties in foreign currency, calling such allegations baseless and inaccurate. In a press...

Ghana Shippers’ Authority takes steps to reduce the cost of cargo clearance

The Ghana Shippers' Authority (GSA) has initiated processes to develop Unique Value prepositions tailored to various categories of shippers towards addressing the recurring issue...

Reverse immediately the increase in cement prices – Trade Minister to manufacturers

The Minister for Trade and Industry, Kobina Tahir Hammond, has ordered the Cement Manufacturing Development Committee (CMDC) to direct cement manufacturers in the country...

Conflicts in neighbouring countries threaten Ghana’s food security – Report

Ghana is considered an area of concern for food insecurity for the first time since the inception of the Global Report on Food Crisis...

NPA devises ways to stabilise price of gas

The National Petroleum Authority (NPA) has implemented strategies to eliminate huge jump in the price of Liquefied Petroleum Gas (LPG) due to the implementation...

Cedi depreciation shot up cement prices – COCMAG

The Chamber of Cement Manufacturers (COCMAG) has justified the recent price hikes in cement products. According to the chamber, the increase in the prices is...

Government’s revenue-mobilisation approach worsens inequality – Prof Bokpin

Economist, Professor Godfred Bokpin has urged a reconsideration of the government's revenue-raising strategies. According to him, the current approach exacerbates inequality among the general population. He...

My fans to earn money forever – Sarkodie on new music deal

Ghanaian rapper, Sarkodie says his new Opulous app deal where fans can own shares in his music will make them rich forever. According to him,...

Trade Minister stops cement price hikes

The Minister for Trade and Industry, K. T. Hammond, has taken a decisive action to address the recent surge in cement prices by directing...

Government seeks to transform Ghanaian SMEs into millionaire companies

The government has committed to an ambitious vision to transform Ghanaian Small and Medium-sized Enterprises (SMEs) into millionaire companies. It intends to increase financing for...

Africa offers a fertile ground for Fintech startups to grow – Bawumia

Vice President, Dr Mahamudu Bawumia has asserted that with Africa’s exponential growth in mobile phone connectivity and internet penetration, the continent provides a fertile...

Financial inclusion key to Africa’s development – Deputy Governor of BOG

Elsie Addo Awadzi, Second Deputy Governor of the Bank of Ghana (BoG), has urged policymakers and stakeholders in Africa’s financial inclusion ecosystem to prioritize...

NDC will probe gold-for-oil deal if we win 2024 polls – Mahama

The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has said he will probe the gold-for-oil deal if he is elected President...

Quit dancing off-beat and fix the Cedi – Ato Forson tells Bawumia

The Minority says that the current challenges facing the Ghana Cedi are far from resolved, and the situation is expected to worsen. With the local...

Minority blames BoG, govt, for cedi depreciation causing collapse of businesses

The Minority blames the Bank of Ghana (BoG) and the government for the cedi's depreciation, which they claim is causing the collapse of businesses. At...

Ghana’s TVET sector enhances employability through industry partnerships: GIZ and CTVET lead the way

The Commission of Technical Vocational Education and The German Development Cooperation (GIZ) have stressed the importance of continuous collaboration and industry involvement in Ghana's...

BoG makes significant progress on eCedi roll out – 1st Dep. Governor

The First Deputy Governor of the Bank of Ghana (BoG), Dr. Maxwell Opoku-Afari, has revealed that the central bank has made some significant progress...

Cedi fall: Duties on imported cars paid in dollars – Automobile Dealers Union

The importation of used cars into Ghana faces a significant financial obstacle because of the government's policy requiring import duties to be paid in...

Illegal mining could cost Ghana its coveted cocoa producer status – GAWU

The General Agricultural Workers Union (GAWU) has warned that Ghana could lose its enviable position as the second leading cocoa producer in the world...

Atlantic Lithium celebrates listing on Ghana Stock Exchange

Atlantic Lithium Limited on Monday, May 13, celebrated becoming the first lithium company to list on the Ghana Stock Exchange (GSE) at a ceremony held on the...

Cedi to continue losing streak; depreciates by about 17% to dollar

The Ghana cedi will continue to lose ground to the major trading currencies this week on the back of persistent corporate demand. These are the...