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I’ll not depart from IMF programme – Amin Adam

The Finance Minister, Dr. Mohammed Amin Adam, has reaffirmed the government's commitment to the ongoing programme with the International Monetary Fund (IMF). He has assured...

Parliament to investigate delayed payments to Cocoa Road Contractors

The Speaker of Parliament, Alban Bagbin, has announced plans to establish a high-powered committee aimed at investigating the issue of outstanding payments to cocoa...

92% of women businesses in Ghana have never exported – OAWLI

A research data to be released as part of international women’s day, by Oxford Africa Women Leadership Institute (OAWLI), an Enterprise Support Organization, indicate,...

Valentine’s Day: Souvenir vendors lament low patronage

Valentine's Day holds a significant place for individuals and families to celebrate and reaffirm their affection, camaraderie, and admiration for each other. In Ghana,...

GCB Bank appoints Daniel Asirifi as Board Chairman

GBC Bank PLC (GCB) has appointed Daniel Kwaku Tweneboah Asirifi as the new board chairman. Asirifi’s assumption of office as board chairman of the bank...

Ofori-Atta advocates for expansion of digital payments for a more climate resilient Africa

Ghana’s Finance Minister, Ken Ofori-Atta, argues that digital technologies and responsible payment systems have a major role to play in climate adaptation and climate...

Akufo-Addo has led Ghana into a ditch – Development Economist

A Development Economist at the University of Development Studies (UDS), Dr. Michael Ayamga has branded the Akufo-Addo-led administration as a disastrous government. According to him,...

43% of Ghanaians not prepared to take financial risk at all – Report

Forty-three percent of Ghanaians are not prepared to take any financial risk at all as they have low-risk inclination, the 2023 Old Mutual Financial...

Registrar of Companies to strike off 8,531 companies in default [Video]

The Office of the Registrar of Companies (ORC) has initiated legal proceedings to dissolve approximately 8,531 companies Limited by Shares due to their non-compliance...

Bond market: Total turnover decreased by 16.25% week-on-week to GH¢1.33bn

The secondary bond market for Government of Ghana papers slowed in activity as the total volume traded declined by 16.25% week-on-week to GH¢1.33 billion. Notably,...

Demand pressures for dollar to weigh on cedi this week; one dollar equals GH¢12.80

The persistent demand pressures for the dollar would continue to weigh negatively on the cedi's performance this week. This follows a marginal depreciation of the...

The decision to go to IMF was our last resort – Dr. Tiah Kabiru Mahama

Technical Advisor to the Vice President, Dr. Tiah Kabiru Mahama says going to the International Monetary Fund (IMF) was government's last hope for assistance. According...

T-bills auction: Government raises GH¢6.86bn; interest rates fall for 6th consecutive week

Government raised GH¢6.86 billion via treasury bills, the biggest so far this year. According to the latest T-bills auction by the Bank of Ghana, the...

Introduction: Identifying businesses with durable long-term competitive advantage I

Identifying and investing in companies/businesses with Durable Long Term Competitive Advantage is an old investment strategy used by the world’s most respected investor –...

Trade Queen Africa launched in Accra

The AfCFTA Young Entrepreneurs Federation (AfYEF) has officially launched the maiden edition of the Trade Queen Africa (Miss Traq) project in Accra. Miss Traq takes...

GUTA set to enter accountability pact with political leaders

The Ghana Union of Traders Association (GUTA) has announced its intention to establish a social contract with presidential contenders in the upcoming 2024 elections. This...

AGI considers legal action to halt Emission Levy for industries

The Association of Ghana Industries (AGI) has hinted it will not hesitate to take legal action to halt the implementation of the Emission Levy...

Cereno Homes to redefine Housing system in Ghana – Chairman of CBS Group of Companies

CBS Group of Companies Chairman, Apostle Dr. Cephas Quarshie, has announced that Cereno Homes is poised to revolutionize the housing system in Ghana through...

15% VAT on electricity on hold: How long can the suspension last?

After enduring weeks of protests, threats of strikes from organised labour, and opposition from over 30 workers unions, associations and civil society groups, government...

Government to borrow GH¢180bn via T-bills in 2024

The government would borrow about GH¢180 billion via treasury bills in 2024. This will be 21% more than GH¢149.92 billion raised in 2023. The estimated maturities...

Unbridled free market has taken a toll on local manufacturing – AGI President

The President of the Association of Ghana Industries (AGI), Dr. Humphrey Ayim-Darke, has voiced concerns about the impact of an overly liberalised market on...

COCOBOD’s Agrochemicals and fertilizers not auctioned says GRA

The Ghana Revenue Authority (GRA) has refuted reports alleging its auctioning of agrochemicals, fertilizers, and other inputs due to the Cocoa Marketing Company's (COCOBOD)...

Guinness, 4 others top gainers on GSE in January 2024; market starts 2024 on positive note

Guinness Ghana Breweries Limited (30.59%), Unilever Ghana (9.74%), Asante Gold (9.70%), Access Bank (8.82%), and Total Ghana (5.56%) were the top gainers on the...

Salute and give particular recognition to BoG for pulling economy back – Bawumia

Vice President, Dr. Mahamudu Bawumia, has urged Ghanaians to salute and give particular recognition to the Bank of Ghana, which has come under unfair...

GUTA to meet Bawumia after address [watch]

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Labadi Beach Hotel honoured with 5 awards for service excellence

Ghana’s premier Five-Star Hotel, Labadi Beach Hotel has once again proven to be the most admired Hotel establishment in Ghana and one of the...

Ghana’s economy has performed better under NPP than under Mahama era – Bawumia

Vice President Dr. Mahamudu Bawumia says key economic indicators point to a better economic performance by the government than that of the period 2013-2016...

E-Levy will be abolished if I’m voted into power – Dr Bawumia

Vice President Dr Mahamudu Bawumia has pledged to abolish the controversial levy on electronic transactions, commonly known as the E-Levy if elected into power. Addressing...

Ghana earned $521.86m from crude oil in second-half of 2023

Ghana earned $521.86 million from crude oil in the second half of 2023, the Second-Half Ghana Petroleum Funds 2023 has revealed. Out of that, the...

Cedi to end 2024 at GH¢13.40 to a dollar

The Ghana cedi is expected to end 2024 at GH¢13.4 ± 0.10 to one US dollar. According to Databank Research, this would be influenced by...

Cedi depreciates 2.50% to dollar since January 1

Renewed corporate demand pressures saw the cedi losing value to the dollar last week, increasing its year-to-date loss to about 2.5%. This is despite the...

Ghana must stick to and implement fully Fund- support programme – IMF

The International Monetary Fund has said that it is important for Ghana to stick to the International Monetary Fund – support programme being implemented...

Spintex, Dzorwulu most expensive places to buy kenkey; Teshie, La cheap selling points

Spintex, Dzorwulu, Circle, and other places in the Accra Metropolis have been marked as the most expensive places where kenkey is sold. Places such as...

BoG to meet GRA, financial sector stakeholders over illegal MoMo deductions  

The Bank of Ghana will tomorrow February 6, 2024, meet officials of the Ghana Revenue Authority and stakeholders within the financial sector to address...

Urgent action needed to tackle sanitation crisis at Anloga fish market

Residents and authorities in the Anloga District of the Volta Region are facing a severe sanitation crisis that is causing serious health concerns, particularly...

Rising cost of doing business renders operations highly unproductive – GUTA

The President of the Ghana Union of Traders Associations (GUTA), Joseph Obeng has said the rising cost of business operations in the country has...

Agric Ministry ordered to disburse GH¢1.8m to farmers affected by Bird Flu within 1 month

Parliament acting the Public Accounts Committee (PAC) has instructed the Ministry of Food and Agriculture (MOFA) to compensate farmers who suffered losses due to...

Ghana’s fiscal deficit to narrow to 4.5% of GDP in 2024; GH¢55.93bn to be spent on interest  payments

Ghana’s fiscal deficit to Gross Domestic Product (GDP) ratio is expected to narrow to 4.5% ± 50 basis points in 2024, Databank Research has...

Independent Tax Appeals Board to begin work by quarter one, 2024 – GRA Boss

The Independent Tax Appeals Board is set to commence work by the first quarter of 2023 as all documentation and recommendations from the Attorney...

T-Bills auction: Interest rates fall again to 28.29% as government achieves 59% oversubscription

Interest rates fell for the fifth consecutive week on the yield curve, according to results of treasury bills auction by the Bank of Ghana. This...