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Weta rice farmers Association launches to revolutionize rice farming in Ketu North

The Weta Rice Farmers Association of Ghana in the Ketu North District of the Volta Region, has officially launched with a bold mission to...

NLA commissions refurbished ultra-modern Brennan Hall

For decades, the National Lottery Authority (NLA) has entertained, thrilled, and enriched fans, patrons, and viewers with its exciting Games and Draws. From its first...

T-bills auction: Government records marginal oversubscription; interest rates rise

The government recorded a marginal oversubscription of treasury bills auction. However, this came at the expense of a rising interest rate According to the auction results...

Eloquent Marketing Agency launches whatsApp wholesale for businesses in Ghana

A subsidiary of Eloquent Marketing Agency, Eloquent Digital, has introduced its newest innovation, WhatsApp Wholesale, a bulk messaging platform designed to help businesses in...

Togo suspends Russian ride-hailing app Yango

Togo's transport ministry suspended the ride-hailing app Yango owned by Russia's tech giant Yandex, over security concerns just months after it began operating in...

National Service Authority Launch: Director-General calls for continued support from government

Director-General of the National Service Authority (NSA) Mr. Osei Assibey Antwi has expressed gratitude to President Akufo-Addo and various stakeholders for their support in...

Ghana’s policy rate of 27% highest in Africa – World Bank

Ghana’s monetary policy rate of 27.0% is the highest in Africa, the World Bank has revealed. In its latest October 2024 Africa Pulse Report, the...

Ghana Association of Banks offers 7 proposals to tackle fraud in the financial industry

The Ghana Association of Banks (GAB) has rolled out a set of measures to bolster the banking sector’s defenses against increasingly complex fraud schemes. This...

NEIP unveils ambitious Bawumia agenda for youth

The National Entrepreneurship and Innovations Programme-NEIP has unveiled a project targeted at creating 120,000 jobs after training 100,000 in skill areas. The programme dubbed Skills...

IIP release: Industry sector grows by 8.2 percent in Q2 of 2024

The Year-on-Year change in the Index of Industrial Production (IIP) for the second quarter (Q2) of 2024 grew by 8.2 percent, data from the...

Fuel price increase: Petrol at GH₵14.49, diesel going for GH₵14.90

More Oil Marketing Companies (OMCs) have increased prices of petroleum products at their various service stations in the country. Allied Oil took the lead on...

NPA announces new price floor for petroleum products

The National Petroleum Authority (NPA) has announced a new Price floor for the second pricing window, from 16th -31st October 2024. The authority has...

Sunon Asogli shutdown may force Ghana to import more power – IES

The Institute for Energy Security (IES) has cautioned that the government may soon be forced to increase power imports to stabilize the country’s energy...

Dry spell: Agric Minister denies claims of GH¢3,000 payouts to farmers

Agriculture Minister, Bryan Acheampong has denied claims that the government is distributing GH¢3,000 to 800,000 farmers in Ghana's northern regions affected by the recent...

Stakeholder talks ongoing for PURC-Energy Commission merger – Herbert Krapa

The Minister of State at the Ministry of Energy, Herbert Krapa, has announced that stakeholder consultations are underway to finalise the proposed merger between...

Friend of the Earth launches sustainable chocolate certification in Ghana

Friend of the Earth, the world’s leading sustainability certification for agriculture, has introduced its Sustainable Chocolate Certification in Ghana, the second-largest cocoa producer globally. This...

Ghana’s cocoa exports set to crash below $2 billion this year – lowest in 14 years!

Ghana, the world’s second-largest cocoa producer, is at risk of seeing its cocoa export earnings crash below the $2 billion mark in 2024—the lowest...

Fitch assigns Ghana’s new dollar bonds at CCC+

Fitch Ratings has assigned Ghana's new US dollar bonds, issued on 9 October 2024, a 'CCC+' rating. Fitch also has upgraded Ghana's Long-Term Local-Currency (LTLC)...

ADB recovers over GH₵500m NPLs in 9 months

The Agricultural Development Bank (ADB) PLC, as part of its two-year corporate strategy, embarked on an aggressive recovery exercise, leading to the successful recovery...

Chinese mining company to acquire Ghana’s Akyem gold mine from Newmont in $1 billion deal

China's Zijin Mining Group is poised to acquire the Akyem gold mine project in Ghana from US-based Newmont Corporation in a $1 billion deal. The...

‘Eyes In Dubai’ strengthens African presence with new Johannesburg branch

Eyes In Dubai, a leading travel agency renowned for connecting travellers to the luxurious and adventurous side of Dubai, has taken a significant step...

Goil probes claims of fuel pump tampering at Atimpoku branch

Goil Plc has launched an investigation into allegations of fuel pump tampering at its Atimpoku branch in the Eastern Region after a video of...

Cedi to record stability in near term; one-dollar equals GH¢16.40

The Ghana cedi will record stability in the near term, helped by Moody's upgrade of Ghana’s credit rating and the expected US$360 million inflow...

Inflation to end 2024 at 23.2% but to nose dive to 11.5% in 2025 – World Bank

Ghana’s inflation is expected to end 2024 at 23.2%, the World Bank has disclosed in its October 2024 Africa Pulse Report. The year-on-year inflation is...

IES backs calls to merge PURC and Energy Commission

The Institute of Energy Security (IES) has endorsed the growing calls for a merger between the Public Utilities Regulatory Commission (PURC) and the Energy...

Cedi, naira among 4 worst performing currencies in Sub Saharan Africa in 2024 – World Bank

The Ghana cedi and three other currencies are the worst-performing currencies in Sub-Saharan Africa (SSA) in 2024, the World Bank’s October 2024 Africa Pulse...

National Pensions Regulatory Authority joins Okyenhene’s 25th anniversary celebration

The National Pensions Regulatory Authority (NPRA) over the weekend, joined the people of Akyem Abuakwa in celebrating the 25th anniversary of Osagyefuo Amoatia Ofori...

Grand finale of 2024 Stemnnovation starts today; ends on Wednesday

The grand finale of the 2024 Stemnnovation competition, Ghana’s premier national STEM contest for second-cycle institutions, begins today at the Ohene Konadu Auditorium on...

Government resumes Eurobond debts servicing after completion of exchange programme with investors

Government has resumed servicing its Eurobond debts after the completion of the exchange programme with bondholders last week. JOYBUSINESS understands that a total amount of...

T-bills auction: Government records marginal oversubscription; but interest rates rise

The government recorded a marginal oversubscription of treasury bill sales after three weeks of failing to meet its target. This is coming after the International...

MTN Ghana reaffirms commitment to deliver exceptional customer service

MTN Ghana has reaffirmed its commitment to delivering exceptional customer service driven by innovative tech solutions during the 2024 Customer Service Week. In a statement...

Cocoa smuggling taskforce seizes 100 bags in Old Akrade

The Anti-Cocoa Smuggling Taskforce of the Ghana Cocoa Board (COCOBOD), in collaboration with national security, has apprehended a driver and a mate at old...

Brazil orders closure of 2,000 betting sites amid citizens running into debt

Brazil on Friday began closing down more than 2,000 betting sites, including those that sponsors popular football team Corinthians and other first division clubs,...

Kwahumanhene resigns as ADB Board Chair following extortion allegations

The Kwahumanhene, Daasebre Akuamoah Agyapong II has resigned as the Board Chairman of the Agricultural Development Bank (ADB). The resignation which takes immediate effect follows...

Akyem Mine – Past, Present, and Future… A Journey of Growth and Development, and Future of Prosperity

The Past The Akyem Mine, located in the Birim North district of the Eastern region of Ghana, was conceived through exploration activities by Normandy Mining...

BoG eCedi wins innovation in digital currency design award

The Bank of Ghana has been adjudged the winner of the Innovation in Digital Currency Design for Financial Inclusion by Currency Research. This occurred at...

We expect foodstuff prices to drop by more than 50% in coming months – Agric Minister

The Minister for Food and Agriculture, Dr. Bryan Acheampong is projecting prices of foodstuffs will go down by more than 50 percent in the...

90% of non-sovereign bondholders have tendered their bonds – ESLA

ESLA has announced that approximately 90% of non-sovereign bondholders have successfully tendered their bonds. This follows an announcement on September 16, 2024, to buy back...

‘Retired and Forgotten’ – Pensioner Eurobond Holders plead for exemption amid Ghana’s $5bn debt forgiveness

In response to recent remarks by the Finance Minister regarding Ghana’s Eurobond debt restructuring, a group of pensioner Eurobond holders in Ghana has voiced...

MTN shows commitment to sustainability through project zero

MTN Ghana's Chief Corporate Services and Sustainability Officer, Adwoa Afriyie Wiafe, has emphasized the company’s dedication to sustainability through its Project Zero initiative and...