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Ghana loses GH¢49.5 million to cyber fraud in nine months

Ghana has reported a loss of GH¢49.5 million in the first nine months of the year due to cyber fraud activities, according to the...

TOR staff raise alarm over formation of subsidiary companies

Some workers of the Tema Oil Refinery (TOR) have raised alarm over government’s plans to revamp the operations of the refinery through Torentco Asset...

BoG’s ¢60b loss is abnormal and beyond the bank’s control – Expert

The Minority in Parliament, alongside some Ghanaians, protested against the Bank of Ghana Governor, Ernest Addision and his deputies following a staggering ¢‎60 billion...

Let’s deepen democracy, good governance to attract investments — ECOWAS Bank

The ECOWAS Bank for Investment and Development (EBID) has called for a deepening of democracy and good governance in the West Africa sub-region to...

NIB reacts to claims Managing Director runs bank remotely

The National Investment Bank (NIB) has denied claims that the Managing Director has been managing the bank for one year via Zoom. Bolgatanga Central Member...

Fish farmers lose ₵46m worth of fish stock due to Akosombo Dam spillage

The Chamber of Aquaculture Ghana has disclosed that fish farmers along the Volta Lake have lost live fish stock worth ₵46 million due to...

UPSA ‘Night with CEOs and Business Leaders’ honours Sammy Awuku

The inaugural edition of 'A Night With CEOs and Business Leaders' hosted by the University of Professional Studies Accra (UPSA) saw Samuel Awuku, the...

BoG paid property developer $36m during Ghana’s worst forex crunch – A-G report

The Auditor General, in its 2022 report, has revealed the Bank of Ghana (BoG) made payments worth $35,909,067.50 to Goldkey Properties Limited for the...

QNET introduces WhatsApp hotline to clamp down on scammers

QNET, a global lifestyle and wellness company that employs a direct selling business model, says it is committed to transparency and taking decisive action...

TAGG berates GRA’s statement on custom monitoring taskforce

The Trade Advocacy Group Ghana (TAGG) has accused the Customs Division of the Ghana Revenue Authority (GRA) of misleading Ghanaians. According to TAGG, GRA...

Cocoa Price: Stop comparing Ghana to Cote D’Ivoire – GAWU to govt

The General Secretary of the General Agricultural Workers' Union (GAWU), is asking the government to stop comparing Ghana to Cote d’Ivoire when it comes...

Petrol, LPG prices to go up marginally – IES

The Institute for Energy Security (IES) is projecting an increase in prices of all petroleum products, for the next pricing window, beginning today October...

Ghana Link’s Dr Nick Danso Adjei adjudged Entrepreneur of the Year again

Accolades continue to pour in for Dr Nick Danso Adjei, the Executive Chairman of Ghana Link Network Services Ltd (Ghana Link), as he clinches...

We’ll treat GRA officials like criminals – Concerned spare parts dealers warn

A group identified as the Concerned Spare Parts Dealers Association at Abossey Okai has threatened to take action against officials of the Ghana Revenue...

IMF bailout: Ghana close to receiving next tranche

The International Monetary Fund (IMF) expects Ghana to quickly reach an agreement with the Official Credit Committee over its external debt restructuring. Julie Kozack, IMF’s...

Petrol prices to remain unchanged in October first pricing window – COPEC

Prices of petroleum products are likely to remain unchanged for the month of October. According to projections from the Chamber of Petroleum Consumers (COPEC), there...

Vodafone Ghana champions SME growth with Business Runway

Vodafone Ghana is leading the campaign to help small and medium-sized enterprises (SMEs) in the country with its Business Runway event. This event which is...

Coconut puts Ghana on the global world market

The Chief Executive Officer (CEO) of Ghana Export Promotion Authority (GEPA), Dr Efua Asabea Asare, has revealed Ghana's vision to invest and grow coconut...

Govt to borrow ¢2.57bn to refinance maturing bills

The government will borrow about ¢2.57 billion today, September 29, 2023, to refinance maturing bills worth ¢2.41 billion. This is coming after the country’s debt...

MTN Ghana,EOCO hold MoMo fraud training

MTN Mobile Money Limited in collaboration with the Economic and Organised Crime Office (EOCO) has begun its capacity-building training programme in Accra. This is aimed...

External debt restructuring: We hope Official Creditor Committee and government will find an agreement soon – IMF

The International Monetary Fund has reiterated its optimism that the Official Creditor Committee, and the Ghanaian government will find an agreement soon on the...

Tomato farmers at Ziope, V/R grapple with post-harvest losses

It is morning here in the hinterlands of the Ziope Traditional Area in the Agotime Ziope District of the Volta Region. Amada Vida leads three...

COPEC sends important message to NPA over Sentuo Refinery

The Chamber of Petroleum Consumers (COPEC) has appealed to the National Petroleum Authority (NPA) to ensure that Chinese company, Sentuo Refinery sticks to the...

GRA summons 11 shop owners over tax irregularities

Eleven shop managers have been summoned by the Domestic Tax Compliance Taskforce of the Ghana Revenue Authority (GRA) for thorough investigations into their business...

Ghana lost $6.3 billion in reserves in 2 years

A country’s Gross International Reserves (GIR) includes the US dollar value of holdings of foreign exchange, special drawing rights, reserves position in the IMF,...

Ghana’s 2023 growth rate could be higher than 1.5% – Report

Ghana's Gross Domestic Product (GDP) growth outturn in 2023 could be higher than the 1.5% envisaged under the International Monetary Fund (IMF) programme, GCB...

Government secures GH₵3.9bn in reopened DDEP

The government has secured GH₵3.9 billion in the reopened Domestic Debt Exchange Programme (DDEP), the Ministry of Finance announced on Tuesday. This represents a significant...

Influx of Chinese tanker trucks will kill local businesses – Kwame Jantuah

Pressure is mounting on the government to address the influx of tanker trucks owned by Chinese companies in Ghana. A member of the Tanker Owners...

Ofori-Atta lauds giant step towards achieving climate prosperity

The Minister for Finance, Ken Ofori-Atta has disclosed that, the decision to establish an Independent Secretariat for Climate Vulnerable Forum and the V20 Group...

Monetary policy rate held steady at 30%

The Bank of Ghana has maintained the monetary policy rate at 30 percent after reviewing developments in the economy. This means that the lending rate...

New property rate regime – GRA identifies 10.12m properties

The Ghana Revenue Authority (GRA) has completed billing over 10.12 million properties identified across the country for the purpose of property rate collection. This means...

Ghana’s total exports decline by 9%

Ghana has recorded a nine percentage point drop in its total export earnings. As of August 2023, total exports stood at US$10.76 billion. It is...

Ghanaian youth not employable – GUTA President

President of the Ghana Union of Traders Association (GUTA), Dr Joseph Obeng, has debunked claims that most youth are unemployed because there are no...

It’s difficult doing business in Ghana – D-Black

Musician and businessman Desmond Kwesi Blackmore, well-known as D-Black, says the harsh economic conditions are making doing business in Ghana very unattractive. According to him,...

CIMG Customer Satisfaction Index: UMB and 4 other banks lead the way in Customer Service in Ghana

Only five banks scored above the threshold of 98% in the 2022 Chartered Institute of Marketing Ghana Customer Satisfaction Index. This marks a significant improvement...

Ghana to earn $6.6bn annually from lithium when mining starts in 2026

Ghana will generate about $6.6 billion annually from lithium when the mining of the mineral begins in 2026.  Australian mining company, Atlantic Lithium Limited, is...

GRA clears air on allegation of harassment; recovers over ¢104,000 from upfront payments

The Ghana Revenue Authority (GRA) is fighting back claims that it is deliberately harassing members of the Ghana Union of Traders Association (GUTA) over...

No wrong doing in ‘GNPC-LITASCO’ Phase 6 financing – Energy Ministry hits back at Minority

The Ministry of Energy has debunked claims by the Minority in Parliament that the “GNPC-LITASCO’ re-financing arrangement is being done in secrecy without parliamentary...

MTN MoMo, ECG and Hubtel partner to provide enhanced Bill Payment Solutions to customers

MobileMoney Limited (MML) operators of (MTN MoMo) has partnered with the Electricity Company of Ghana (ECG) and Hubtel, an eCommerce platform to provide enhanced...

WAPCo’s commitment: Safeguarding West African Energy Supply

The West African Pipeline Company (WAPCo) has reaffirmed its unwavering commitment to the uninterrupted flow of natural gas to the countries it serves. The...