Business

Prada In Talks To Buy Versace For $1.36 Billion

Prada In Talks To Buy Versace For $1.36 Billion

To bring together two of the largest designer fashion brands, Prada has agreed to pay a billion dollars to acquire…
TUC Opposes ECG Privatisation Over Job Cuts And High Tariffs

TUC Opposes ECG Privatisation Over Job Cuts And High Tariffs

Any efforts to privatize the Electricity Company of Ghana (ECG) have been fiercely opposed by the Trades Union Congress (TUC),…
Former Education Minister Adutwum Donates GH₵100k To Traders Affected By Adum Fire

Former Education Minister Adutwum Donates GH₵100k To Traders Affected By Adum Fire

Dr. Yaw Osei Adutwum  has donated GH₵100,000 and 500 bags of cement to help traders who have been impacted by…
Cement Crisis Escalates: Clinker Shortage Impacts Retail Sector

Cement Crisis Escalates: Clinker Shortage Impacts Retail Sector

A critical shortage of clinker, a crucial raw material in cement production, has caused some cement dealers nationwide to express…
Dr. Naomi Wolali Kwetey Named Managing Director of Consolidated Bank

Dr. Naomi Wolali Kwetey Named Managing Director of Consolidated Bank

As of March 26, 2025, Dr. Naomi Wolali Kwetey has been named Consolidated Bank Ghana Limited’s (CBG) managing director. In…
Ghanaian Cedi Remains Stable As April 2025 Starts, Exchanging At GH¢15.95 Per Dollar

Ghanaian Cedi Remains Stable As April 2025 Starts, Exchanging At GH¢15.95 Per Dollar

After a mixed performance in March 2025, the Ghana Cedi began April 2025 on a stable note. It gained a…
FirstBank Ghana records impressive growth in assets

FirstBank Ghana records impressive growth in assets

FirstBank Ghana recorded impressive growth in key performance indicators for last year, highlighting the bank’s significance in the Ghanaian market.…
Ghana’s Mobile Money sector recorded a surge in the first two months of 2025

Ghana’s Mobile Money sector recorded a surge in the first two months of 2025

Ghana’s mobile money sector has recorded a surge in the first two months of 2025, reaching a total transaction value…
Ghana’s Public Debt Falls To GH¢726.7bn

Ghana’s Public Debt Falls To GH¢726.7bn

The Bank of Ghana’s March 2025 Summary of Financial and Economic Data shows that in December 2024, Ghana’s overall public…
Cedi Sees 5.3% Drop In Q1 2025, Showing Signs Of Revival

Cedi Sees 5.3% Drop In Q1 2025, Showing Signs Of Revival

In the first quarter of 2025, the Ghana Cedi lost 5.3% of its value in relation to the US dollar.…
Outrage As Adum Fire Victims Resist KMA, NADMO’s Reconstruction Efforts

Outrage As Adum Fire Victims Resist KMA, NADMO’s Reconstruction Efforts

Due to intentions to evacuate them from the Blue Light Arena market area, traders impacted by the disastrous fire at…
FDA Takes Action: Grand Chateaux Sangria Forte Flagged Over Health Concerns

FDA Takes Action: Grand Chateaux Sangria Forte Flagged Over Health Concerns

The Grand Chateaux Sangria Forte Tetra Pak (250ml) and Canned (330ml Pétillante) varieties are the subject of an urgent product…
Fuel Prices Fall For The Third Time In A Row

Fuel Prices Fall For The Third Time In A Row

For the third straight time, fuel costs at the pump show a little decrease, providing some respite for consumers of…
Drivers’ Union To Increase Fares Over Growing Expenses

Drivers’ Union To Increase Fares Over Growing Expenses

Citing rising fuel prices, rising engine oil expenses, and growing vehicle spare part prices, the Alliance of Drivers Ghana proposed…
Treasury Bill Rates Decline As Government Registers Small Oversubscription

Treasury Bill Rates Decline As Government Registers Small Oversubscription

The government has raised GHS 514 million more than it had planned, surpassing its Treasury bill target once more. According…
Professor cautions government against capital market return

Professor cautions government against capital market return

Professor Peter Quartey, the Director of the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana,…
Former Minister for Finance – 2024 growth was due to digitalisation, not mining

Former Minister for Finance – 2024 growth was due to digitalisation, not mining

The former Minister for Finance and current Ranking Member of Parliament’s Finance Committee, Dr Mohammed Amin Adam, has challenged Finance…
Executive Chairman of the McDan – “Prayer alone won’t make you successful”

Executive Chairman of the McDan – “Prayer alone won’t make you successful”

The Executive Chairman of the McDan Group, Daniel McKorley alias McDan, has urged young entrepreneurs to move beyond prayer and…
Asokore Mampong Faces Mass Demolition, 70+ Shops Destroyed

Asokore Mampong Faces Mass Demolition, 70+ Shops Destroyed

At Sabon Zongo in the Ashanti region’s Asokore Mampong Municipality, more than 70 craftspeople face the possibility of being forced…
Jonathan Prince Cann Appointed As Republic Bank Ghana’s New Board Chairman

Jonathan Prince Cann Appointed As Republic Bank Ghana’s New Board Chairman

With approval from the Bank of Ghana, Jonathan Prince Cann has been named the next chairman of the board of…
Opposition Pushes For Higher Cocoa Prices, Recommends GH¢7,400 per Bag

Opposition Pushes For Higher Cocoa Prices, Recommends GH¢7,400 per Bag

Citing the spike in global market prices, the Parliament’s Minority Caucus has demanded that the government raise the producer price…
Mahama Reassigns Edward Bawa To Lead GOIL Group As CEO

Mahama Reassigns Edward Bawa To Lead GOIL Group As CEO

Edward Bawa, the newly appointed Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), has been moved by…
Nana Philip Archer Named Board Chairman Of GOIL

Nana Philip Archer Named Board Chairman Of GOIL

Nana Philip Archer has been named the Ghana Oil Company’s (GOIL) new board chairman. Archer brings a wealth of experience…
GH₵5.3 Billion In Unaccounted Revenue Detected At ECG – PwC Report

GH₵5.3 Billion In Unaccounted Revenue Detected At ECG – PwC Report

PricewaterhouseCoopers’ (PwC) 2024 audit of the Electricity Company of Ghana (ECG) exposed financial irregularities in the utility provider’s operations by…
2025 Budget Under Review: IMF And Government To Discuss Tax Adjustments

2025 Budget Under Review: IMF And Government To Discuss Tax Adjustments

As the nation works towards its 2025 budget, which will be presented in March, the International Monetary Fund (IMF) is…
KPMG Survey Ranks Standard Chartered As Ghana’s Top Retail Bank

KPMG Survey Ranks Standard Chartered As Ghana’s Top Retail Bank

For the year ending in 2024, Standard Chartered Bank was the best-performing bank in the retail sector, while Prudential Bank…
Ghana Gas Faces Growing Debt Amid VRA’s Financial Struggles

Ghana Gas Faces Growing Debt Amid VRA’s Financial Struggles

The Volta River Authority’s (VRA) incapacity to fulfill its debt service commitments is the main cause of the debt crisis…
Suame Garages In Ashanti Region Gutted by Fire, Heavy Losses Reported

Suame Garages In Ashanti Region Gutted by Fire, Heavy Losses Reported

A number of craftsmen and spare parts merchants are counting their losses after a destructive fire destroyed a portion of…
WAPCo Set To Undergo 28-Day Maintenance Shutdown

WAPCo Set To Undergo 28-Day Maintenance Shutdown

Ahead of its required maintenance shutdown, which is anticipated to continue for 28 days, the West African Gas Pipeline Company…
Bernice Makafui Brempong Appointed As New GIPC CEO

Bernice Makafui Brempong Appointed As New GIPC CEO

Dr. Bernice Makafui Brempong has been named the new CEO of the Ghana Investment Promotion Center (GIPC), with effect from…
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