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NAM 1’s latest response to Menzgold customer who requested for locked up funds

The Chief Executive Officer of the defunct Menzgold gold-trading firm, Nana Appiah Mensah, has urged customers who have their investment folded to be patient...

NLA strikes again, goes after illegal lotto operators

The National Lottery Authority (NLA) will in the coming days revoke the licenses of Private Lotto Operators who have not yet regularized their operations...

Individual bondholders threaten demo over Debt Exchange Programme

The Ghana Individual Bondholders Forum says they will organise a demonstration against the government if it goes ahead and include investments in the ongoing...

GRA exceeds 2022 revenue target

The Ghana Revenue Authority (GRA) ended 2022, exceeding its tax collection target for the year. The Commissioner-General of the GRA, Rev. Dr Ammishaddai Owusu-Amoah, disclosed...

NLA chases illegal lotto operators

The National Lottery Authority (NLA) will in the coming days revoke the licenses of private lotto operators who have not yet regularised their operations...

Fuel prices to go up

Barring any government intervention, fuel prices will go up between 5% and 9% per litre from January 16, 2023 at the pumps. This will be...

Debt Exchange: Rev. Sam Korankye Ankrah prays for individual bondholders

Government’s invitation to bondholders to sign onto the debt exchange programme expires today, January 16, 2023. Stakeholders including some economists continue to urge government to...

Cedi loses 5.01% value to dollar since January 1, 2023

The Ghana cedi has lost about 5.01% value to the US dollar on the forex or retail market since January 1, 2023. The cedi registered...

Alan Kyerematen inaugurates Automotive Industry Development Council

Former Minister for Trade and Industry, Alan Kyeremanten, has inaugurated the Automotive Industry Development Council. The 35-member council was drawn from various government and private...

From sale of pen drives, braziers to pizza and chicken; Meet the faces behind Chickenman and Pizzaman

They started and conceived their business ideas on the Kwame Nkrumah University of Science and Technology (KNUST) campus during their school days. From sale of...

List: NPA revokes licenses of 30 OMCs

The National Petroleum Authority (NPA) has revoked the licenses of 30 Oil Marketing Companies (OMCs) for non-compliance with the rules and regulations of the...

IMF deal to be reached in February – Akufo-Addo

President Nana Akufo-Addo has said that the country is hopeful to get an International Monetary Fund (IMF) deal latest in February. According to him, the...

There will be more pressure on cedi if … – World Bank warns

The World Bank has warned that the Ghana cedi may continue to come under pressure in 2023 against the U.S dollar. This, the World Bank...

Ghana Gas saves $207m after replacing Chinese engineers with Ghanaians – MD

The Ghana National Gas Company (GNGC) has saved $207 million as cost of operations since March 2017 when Ghanaian engineers and technicians took over...

Gold for Oil deal recipe for disaster – John Jinapor

Ranking Member on Energy Committee in Parliament, John Jinapor, has asked the government to tread cautiously with its “Gold for Oil” policy.  Mr Jinapor says...

Ghanaians react to 1% e-levy rate

Ghanaians who are unimpressed with the reviewed e-levy rate have voiced out their frustration on social media. Since the introduction of the E-Levy in...

I don’t see what Alan will do differently – GAWU General Secretary

General Secretary of the General Agricultural Workers’ Union (GAWU), Edward Kareweh, has cast doubts on the effectiveness of Alan John Kyerematen’s policies in his...

1% E-levy implementation starts today

The implementation of the revised Electronic Transfer levy (E-Levy) rate of 1% kicks off today, Wednesday, January 11. The Ghana Chamber of Telecommunications has announced...

Agric Minister Dr Owusu Afriyie Akoto resigns

The Minister for Food and Agriculture, Dr Owusu Afriyie Akoto has resigned. He tendered his resignation to President Akufo-Addo a while ago. This comes four days after...

Cedi depreciates marginally to sell at ¢12 to a dollar

The Ghana cedi is now selling at ¢12 to the US dollar in the retail or forex market, following days of sustained stability. This is...

More businesses will collapse this year – McDan

Ghanaian business magnate, Daniel McKorley, popularly known as McDan, says more Ghanaian businesses will collapse this year. According to the entrepreneur, this is due to...

First consignment of affordable fuel to arrive next week

Petroleum consumers eagerly awaiting the arrival of affordable fuel from the United Arab Emirates would have to wait a bit longer. Despite assurances by the...

Harmattan: Traders cry over limited supply of shea butter

The demand for shea butter is on the increase on the Kumasi market, mainly driven by the harmattan season. Traders, however, say they are unable...

Some politicians to blame for cedi woes – kofi Amoabeng

Former Chief Executive Officer of defunct UT Bank, Prince Kofi Amoabeng, has taken a swipe at some Ghanaian politicians for contributing to the woes...

GUTA saddened by Alan Kyerematen’s resignation

Ghana Union of Traders Association (GUTA) has commended the former Trades and Industry Minister, Alan Kyerematen for the impact he had in the Ministry. Describing...

Databank to reopen offices today

Fund management company Databank will reopen its independent branches on January 10, 2022 - the first time since December 22, 2022, following a shutdown...

Cedi losing stability against the dollar

The Ghana cedi is losing it's appreciation against the dollar months after recording relative stability in the retail market. The cedi in the last few...

IMF engages international creditors on cancellation of Ghana’s debt

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has disclosed that the Fund is engaging some international creditors for a possible...

MoMo transaction limits increased to enhance customer experience

MTN MoMo has implemented the Bank of Ghana (BoG) approved an increase in daily and monthly transaction limits as well as maximum wallet balances. The...

CID preparing docket to prosecute VAT offenders

The Ghana Revenue Authority (GRA) has announced that the Criminal Investigations Department (CID) of the Ghana Police Service is currently preparing the docket to...

We experienced no growth in 2022 – AGI CEO

Chief Executive Officer of the Association of Ghana Industries, Seth Twum Akwaboah, has revealed that the past year was tough for Ghanaian industry operators. According...

Ghana being pushed out of competition in sub-region – GUTA

The President of Ghana Union of Traders Association (GUTA), Dr Joseph Obeng has disclosed that the high cost of doing business in Ghana has...

2022 wasn’t good trading year as we lost majority of capital – GUTA Prez

The President of Ghana Union Traders Association (GUTA), Dr Joseph Obeng has disclosed that most members lost 55% to 60% of their capital as...

IMF chief warns of ‘tough year’ for global economy

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economy faces “a tough year, tougher than the...

Finance Minister lauds Jospong Group for investment in rice sector

Finance Minister, Ken Ofori-Atta has lauded the decision by Jospong Group of Companies’ (JGC) to invest in Ghana's rice sector. This, he stated is a...

Thailand Consul assures Ghana of support for large scale rice production

The Honorary Consul of Ghana in Thailand, Dr Sicha Singsomboon, has given a firm assurance that her country was ready to support Ghana in...

GUTA seeks advice from GHS as China prepares to lift travel ban

The Ghana Union of Traders Association (GUTA) has called on the Ghana Health Service (GHS) to evaluate the COVID-19 situation in China and advise...

Retract, apology to Okobeng Mine CEO: Lawyers demands from 2 newspapers

The Chief Executive Officer of Okoben Mining Company, Nana Okoben Amponsah, through his lawyers, Gaisie Zwennees Hughes & Co in Takoradi, has written a...

Petrol ‘likely’ to sell at single digit by Monday – Analysts

For the first time in 12 months, petrol is likely to sell at a single digit rate at the local pumps in the first...

GRA reverses discount on import values of general goods, vehicles effective January 1, 2023 

The Ghana Revenue Authority (GRA) has announced a complete reversal of the discount on import values of general goods and Home Delivery Value (HDV)...