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Cedi to continue stability against dollar, others

The Ghana cedi is expected to continue its stability against the US dollar and other major currencies this week. This is expected to be supported...

Wendy Shay concerned about excessive import duties; urges Akufo-Addo to take action

Rufftown singer Wendy Shay has passionately reached out to President Nana Akufo-Addo, expressing her worry over the steep import duties imposed on vehicles and...

There is no evidence rating agencies have been reckless in downgrading Ghana’s economy – Research

There is no evidence from both quantitative and qualitative data review that rating agencies, S&P, Moody’s and Fitch, have been reckless in downgrading the...

MASLOC receives technological boost through AfDB funding

Worldwide, there is evidence of the impact of technology and how it has contributed to a significant shift in corporate operations. Consumers have gained freedom...

GRA impounds 3 trucks with goods without tax stamp at Alajo

Ghana Revenue Authority (GRA) has seized three trucks loaded with soft drinks without tax stamps at Alajo in Accra. The authority said actions by the...

Ken Ofori-Atta to present Mid-Year Budget on July 27

The 2023 Mid-Year Budget Review will be presented on Thursday, Thursday, July 27.  This will be done by the Finance Minister, Ken Ofori-Atta.  The presentation is...

Latex Foam donates 50 medical mattresses to Ho Teaching Hospital

Latex Foam Company Limited, in a commendable act of corporate social responsibility, has donated 50 medical mattresses valued at GH¢ 62,250 to the Ho...

GRA seizes tons of carbonated, alcoholic beverages for evading tax

The Ghana Revenue Authority’s (GRA) Excise Unit has seized numerous cartons of malt, vodka, Coca-Cola, and various carbonated beverages. The market value of these...

Group calls for scrapping of Covid- 19 tax and others ahead of Mid-Year budget review

President for the Ghana National Chamber of Commerce and Industry, Clement Osei Amoako, has appealed to government to scrap the Covid-19 tax, Excise duty,...

FDA suspends production of Anointed Family Water

The Food and Drugs Authority (FDA) has announced the suspension of production and distribution of Anointed Family Water, a sachet water with registration number...

We maintain Ghana’s real growth rate forecast of 1.9% – 2.9%; manufacturing to contract – IC Research

IC Research, the research arm of investment bank, IC Securities has maintained its forecast of Ghana’s Gross Domestic Product (GDP) growth for 2023 in...

Enterprise Group holds AGM; declares 0.0744 pesewas per share as final dividend

The Enterprise Group ended 2022 with an impressive final performance in spite of the economic challenges in the country. The Group recorded GH¢222.67 compared to...

AT Ghana explains salary review headline in media publication

The Chief HR Officer of AT Ghana, formerly Airtel Tigo, Eric Adadevoh, has explained that contrary to the headline given to his presentation at...

BoG suspends forex licences of Fidelity Bank, First National Bank

The Bank of Ghana (BoG) has suspended the forex licences of Fidelity Bank and First National Bank Limited. The suspension takes effect from Thursday, June...

Striking tanker drivers give condition under which they will suspend action

The National Petroleum Tanker Drivers Union says they expect government to show commitment to fixing deplorable roads leading to its depots in Takoradi, Tema,...

MTN suspends new Mobile Money withdrawal fees

Telecommunication giant, MTN Ghana has announced a suspension of the decision to increase Mobile Money withdrawal fees. The increment which was to take effect from...

Ghana faces imminent power crisis as IPPs threaten shutdown over $1.73bn debt

Ghana is on the verge of a severe power crisis in the coming days if immediate measures are not taken to address an outstanding...

Ghana’s economy will only recover post-Akufo-Addo govt – Haruna Iddrisu

Former Minority Leader, Haruna Iddrisu, says, the ailing Ghanaian economy will only recover after the Akufo-Addo-led government has left office, insisting the mismanagement of...

MobileMoney Limited receives GSMA mobile money certification

Mobile Money Limited (MML/MTN Momo) has successfully achieved the Global System for Mobile Communications Association (GSMA) Mobile Money certification. MML was robustly assessed against eight...

Ghana receives $200m from World Bank to diversify and modernise agric sector

The Government of Ghana has received approval for $200 million in financing from the International Development Association (IDA) for the Ghana Tree Crop Diversification...

LPG Marketers Association warns of LPG shortage

The Liquified Petroleum Gas (LPG) Marketers Association has issued a warning regarding a potential shortage of LPG if the looming strike by the Ghana...

MASLOC signs MoU with Association of Small Industries

The Microfinance and Small Loans Centre (MASLOC) and the Association of Small Industries (ASSI) have signed a Memorandum of Understanding (MoU) to strengthen their...

Ofori-Atta on track to revive economy – IMF Mission Team

The International Monetary Fund is optimistic the Finance Minister, Ken Ofori-Atta, and his team are on track to revive Ghana’s economy. According to Fund’s Mission...

Banks expected to start using armoured bullion vans from July 1 – ABOG President

President of the Association of Bullion Operators Ghana (ABOG), Alhaji Iddi Sumaila, has said that banks in Ghana are expected to start using armored...

Professional bodies that fail to register will not be recognised – Registrar of Companies

https://www.youtube.com/embed/dPwIPqxv3Yk Registrar of Companies, Jemima Oware, says professional bodies are required to register their organisations and memberships with the Registrar of Companies to remain a...

AirtelTigo rebrands as AT

Telecommunications network AirtelTigo has announced its official rebranding as AT, effective from Thursday, June 22, 2023. In November 2017, Airtel and Tigo merged to form...

Govt needs to pull brakes on TOR-Torrentco partnership – Jinapor

Ranking Member on Mines and Energy Committee in Parliament, John Jinapor, has called on government to pull the brakes on the TOR-Torentco partnership. The...

Ghana Link Chairman welcomes OSP’s request for ICUMS access

The Chairman of Ghana Link Network Services Ltd (Ghana Link), Dr. Nick Danso Adjei, has expressed as welcoming news by the Office of the...

TOR senior staff back Torentco lease

The Senior Staff Union of Tema Oil Refinery (TOR) has declared support for the ongoing negotiations by management to engage Torentco Asset Management (TAM)...

EBID signs 3 loan agreements worth $30 million and € 20 million with 3 companies

The ECOWAS Bank for Investment and Development (EBID) continues its commitment to fostering economic growth and development in the ECOWAS region through strategic investments. Today,...

Pressure on cedi to continue; depreciated 0.85% to dollar last week

The Ghana cedi would continue to remain under some pressure this week, following the unexpected increase in inflation and the prospect of an interest...

Company offers to refund €2m for prosecution of Dr Ato Forson, others to end

Private Company, Big Sea Trading LLC, has written to the Attorney General communicating its decision to refund € 2 million to the state. This will...

$3bn IMF deal: Let’s brace ourselves for the needed reforms – Finance Minister

Minister of Finance, Ken Ofori-Atta, has reiterated that securing the International Monetary Fund (IMF) programme is not an end to Ghana’s current challenges. He said...

Akufo-Addo, Caribbean leaders to headline Afreximbank’s 2023 Annual Meetings in Accra

President Akufo-Addo and other leading African and Caribbean figures will be among the top headliners at the 30th Annual Meetings of the African Export-Import Bank...

1D1F: APPEB launches new standard LPG cylinders

APPEB cylinder manufacturing company limited under the "One District One factory" (1D1F) project has launched locally produced fire-resistant cylinders. The product has a distinct orange...

Ghana’s economy showing signs of stabilisation – IMF

The International Monetary Fund (IMF) staff team, led by Stéphane Roudet, has acknowledged that Ghana’s economy is bouncing back barely a month after the...

Mobile money fraud increased 117% in 2022 – BoG Report

Mo money fraudsters succeeded in stealing GH¢26 million from Ghanaians in 2022, representing a significant 117% increase from GH¢12 million a year before. Per the...

Financial expert urges BOG to take stronger action against Illegal financial institutions

A senior financial lecturer at the University of Ghana Business School, Dr Benjamin Amoah, is calling on the Bank of Ghana to take a...

Akufo-Addo outlines 8-point agenda to revamp economy

Government is rolling out significant incentives to drive interest in commercial agriculture with the ultimate aim of revamping the ailing economy. Under the Novel Agricultural...

LPG price to fall by about 7.0% from tomorrow

The price of Liquefied Petroleum Gas (LPG) is expected to fall by about 7.0% from tomorrow, June 16, 2023. According to the LPG Marketers Association,...