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Outcry in Nigeria as government introduces money transfer levy

Many Nigerians have condemned the introduction of a new levy on electronic banking transactions, with some saying it will push them back to using...

Ghana Stock Exchange reaches record GH¢80billion market capitalization

In April 2024, the market capitalization of the Ghana Stock Exchange (GSE) surged to an unprecedented GH¢80.20 billion, marking a significant milestone. This remarkable increase...

T-bills: Government borrowed GH¢15.60bn in April 2024

The government borrowed GH¢15.60 billion via treasury bills in April 2024. This is 21.61% lower over March 2023. The government underperformed its target in four out...

April 2024 inflation declines marginally to 25 percent

Inflation for April 2024 has declined marginally to 25 percent from the 25.8 percent recorded in March 2024. By this, the inflation rate for April...

Behind-the-Scenes maestro Nana Kwasi Koranteng Obeng propels Ghana’s music industry to global heights

In the bustling streets of Accra, Ghana, the music industry is abuzz with the latest hits and rising stars. Amidst the spotlight, there's one man...

BoG denies imposing 1% cybersecurity levy on transactions

The Bank of Ghana (BoG) has refuted claims of implementing a one percent cybersecurity levy on banking transactions, which has gone viral on social...

We’re committed to protecting depositors’ funds – BoG Governor

The Bank of Ghana (BoG) says it will continue to closely monitor and regulate financial institutions in the country to ensure the stability and...

Full Year 2023: UBA gross earnings rises by 143% YoY, profit hits $1.06bn

Declares 0.24 cents Final Dividend Total Assets Rise by 90.2% to $21.7 billion Shareholders’ Funds Hits $2.1bn, achieving an impressive growth of 120.2%. In...

Absa Bank launches money matters initiative to bolster financial literacy among the youth

In a move to address critical gaps in financial literacy among Ghana’s youth, Absa Bank Ghana has unveiled its Money Matters Initiative. Launched at a...

Ghana, EU to deepen trade ties

The EU is ready to invest more in the EU-Ghana partnership, despite the prevailing difficulties confronting both sides. The Head of the European Union (EU)...

Here is the list of the top gold producers of 2023

A report by the United States Geological Survey has revealed that over 3,000 tonnes of gold were produced globally in 2023. China, Australia, and Russia...

GRA terminates 2 SML contracts

The Ghana Revenue Authority (GRA) has terminated two of its contracts with Strategic Mobilisation Ghana Limited (SML). These are the transaction Audit and External Verification...

Fuel price adjustment: Petrol surges to GH₵15.22, diesel falls to GH₵14.65

Some of the Oil Marketing Companies (OMCs) have started increasing prices of some petroleum products at the pumps from this morning. Market Leader GOIL is...

CEO of Equity Health Insurance honoured at ‘Entrepreneurship with Bola Ray’

Chief Executive Officer of Equity Health Insurance, Elton Fedrick Afari has been honoured together with other mentors at the prestigious ‘Entrepreneurship with Bola Ray’...

Analysts predict cedi stability by mid-year

Market analysts at GCB Capital are expressing optimism about the cedi's trajectory for the remainder of the year, foreseeing a stabilization by mid-2024. The Ghanaian...

Taxation driving away investors – FABAG General Secretary

The General Secretary of the Ghana Food and Beverages Association of Ghana (FABAG), Samuel Aggrey, has raised alarm over the increasingly dire economic situation...

Dr Bawumia outlines plans for a robust fisheries industry

Vice President Mahamudu Bawumia has outlined his vision for the fisheries industry, promising to support the efficient implementation of a robust fisheries plan that...

GNPC welcomes new Boss

The new Ghana National Petroleum Corporation (GNPC) CEO, Joseph Abuabu Dadzie starts work today after his appointment by President Akufo-Addo on April 4. He takes...

We must guard against employers who want to short change us – ICU tells members

The Industrial and Commercial Workers Union (ICU), has advised its members to always demand wages due to them and resist any attempts by employers...

EIU forecasts oil prices to remain above $80

The Economist Intelligence Unit is forecasting that oil prices will remain above $80 per barrel until late 2025. This, it said, will lift inflationary pressures...

Youth admonished to explore opportunities in Aviation, Tourism and Hospitality

Spotless Aviation and Professional Institute, in collaboration with the Ghana Tourism Authority (GTA) has held a conference on aviation, tourism, and hospitality in the...

Premix fuel distribution automation: 50 completed, 150 ready in September – Hawa Koomson

The Ministry of Fisheries and Aqua Culture Development has implemented measures to automate its distribution process. This is to address the persistent issues of artificial...

Trade Minister promotes Ghana’s industrialisation agenda to US investors

The Minister of Trade and Industry, Kobina Tahir (KT) Hammond, has urged United States (US) investors to explore mutually beneficial trade ventures with Ghanaian counterparts through the government’s...

Transforming African narratives: Nana Kwasi Koranteng Obeng’s impact

Nana Kwasi Koranteng Obeng, a seasoned media professional with a background in business and marketing from the University of Florida, is set to revolutionize...

NPA increases price floor for petrol to GH¢13.63; diesel unchanged at GH¢13.07

The National Petroleum Authority (NPA) has set a new price floor for Oil Marketing Companies (OMCs) selling petroleum products from May 1, to May...

Ghana’s LPG price one of the highest in the world – Association 

The Vice President of the  Liquified Petroleum Gas (LPG) Marketers Association of Ghana, Gabriel Kumi, has revealed that Ghana's LPG prices rank among the highest globally.  According...

Glovo to cease operations in Ghana on May 10

Popular food delivery service, Glovo, has announced its decision to cease operations in Ghana, effective May 10, 2024, at 10 pm. In a communication...

Price of LPG per kilogramme constitutes 22% of taxes – LPG Marketers Association

About 22% of the price Ghanaians pay per kilogramme for Liquified Petroleum Gas (LPG) is taxes, the LPG Marketers Association has revealed. According to its...

Philips pays $1.1bn to settle respirator case

Dutch medical products maker Philips says it has reached a $1.1bn (£877m) deal to settle lawsuits in the US relating to potentially faulty breathing...

Don’t panic, your contributions are safe – SSNIT assures beneficiaries

The Social Security and National Insurance Trust (SSNIT) has refuted claims suggesting potential challenges in meeting its financial obligations to beneficiaries in the future,...

Ghana retains 10th position with lowest fuel price in Africa

Ghana retained its 10th position with the lowest fuel price in Africa in April 2024, GlobalPetrolPrices.com has revealed. Accordingly, Ghana’s average fuel price of $1.051 per...

IMF advises Sub-Saharan African countries to invest borrowed funds wisely

Wenjie Chen, the Deputy Division Chief of Regional Studies in the African Department at the International Monetary Fund (IMF), has advised Sub-Saharan African (SSA)...

Ghana Shippers’ Authority initiates steps to sign Service Level Agreements with stakeholders

In a bid to enhance transparency and accountability in the Shipping and Logistics sector, the Ghana Shippers' Authority has initiated steps to sign Service...

SML fully delivered on Transaction Audit Service Agreement with GRA

Strategic Mobilisation Ghana Ltd (SML) has rejected claims by auditing firm, KPMG that it partially delivered on several requirements regarding SML’s Transaction Audit Service...

Dumsor: Corn mill operators at Kaneshie market face financial crisis

Corn mill operators at Kaneshie market in Accra, are facing financial challenges due to ongoing power outages across the country, popularly known as 'dumsor'. These...

Bulk Oil Distributors object to government’s plan to designate BEST sole off-taker  

The Chamber of Bulk Oil Distributors (CBOD) has objected to the government’s plan to designate the Bulk Energy Storage and Transportation Company (BEST) as...

Google accused of making it harder to search for rival

Google has been accused of taking advantage of its market dominance to make it harder to search for a rival email service. Tuta Mail -...

The ex-flight attendant who now leads the airline

When Mitsuko Tottori was named as the new boss of Japan Airlines (JAL) in January, it sent a shockwave across the country's corporate sector. Not only was...

Korle Gonno: Residents call for action against garbage dumping as filth engulfs community [Video]

Residents of a coastal community near Korle Gonno in Accra are urging authorities to address the rampant dumping of garbage into drainage systems across...

World Bank’s food price index eases in early April 2024

The World Bank’s food price index eased in early April 2024 after falling by about 4.0% in the first quarter of 2024, to a...