Business

Bank Of Ghana Defends Building New Head Office Despite Losing ₵10.5 Billion

Bank Of Ghana Defends Building New Head Office Despite Losing ₵10.5 Billion

The Bank of Ghana (BoG) has defended its decision to continue building a new head office despite a 10.5 billion…
Africa’s Largest Solar Rooftop Commissioned In Ghana

Africa’s Largest Solar Rooftop Commissioned In Ghana

Herbert Krapa, Minister of State at the Ministry of Energy, commissioned Africa’s largest rooftop photovoltaic solar plant, producing 16.8 megawatts…
Bus Driving Training Program for Kayayei Launched

Bus Driving Training Program for Kayayei Launched

As part of Vice President Dr. Mahamudu Bawumia’s Kayayei Empowerment Program, bus driving training for Kayayei is set to begin…
Government Defends Keeping COVID-19 Levy

Government Defends Keeping COVID-19 Levy

The business community has called for the removal of the COVID-19 fee, but the government maintains that it is necessary…
Ghana Gains US$840m As Oil Revenue For First Half Of 2024

Ghana Gains US$840m As Oil Revenue For First Half Of 2024

In the first half of 2024, Ghana’s oil revenue grew to US$840 million. When compared to the US$540 million achieved…
National Debt Jumps To GH¢742bn From GH¢658.6bn – Finance Minister

National Debt Jumps To GH¢742bn From GH¢658.6bn – Finance Minister

Finance Minister Dr. Mohammed Amin Adam disclosed that, as of June this year, Ghana’s central government debt reached GH¢742 billion…
Government To Bring Back Road Tolls Next Year

Government To Bring Back Road Tolls Next Year

The government has finished preparing for a 2025 reintroduction. This was disclosed on Tuesday, July 23, in Parliament by Finance…
Nduom Petitions Mahama To Reinstate GN Bank If Elected As President

Nduom Petitions Mahama To Reinstate GN Bank If Elected As President

In the event that National Democratic Congress flagbearer John Dramani Mahama wins the elections on December 7, the management of…
Transport Fare To Go Up By 15% Starting July 22

Transport Fare To Go Up By 15% Starting July 22

With effect from Monday, July 22, the Concerned Drivers Association of Ghana has declared a 15% rise in transportation fares.…
EPA Warns: Many Fish & Water Bodies Are Contaminated With Mercury

EPA Warns: Many Fish & Water Bodies Are Contaminated With Mercury

The EPA has reported that mercury from illegal gold mining has contaminated many fish and water bodies in the country.…
Rock City Withdraws Offer To Buy SSNIT Hotels

Rock City Withdraws Offer To Buy SSNIT Hotels

The Social Security and National Insurance Trust (SSNIT) owns four hotels, and Rock City Hotel has just withdrawn its proposal…
Jamestown Fishing Harbour Ready For Commissioning

Jamestown Fishing Harbour Ready For Commissioning

The government is set to announce a date for the commissioning of the $60 million James Town Fishing Port. According…
Kumasi Public Toilets Increase Fees By 25%

Kumasi Public Toilets Increase Fees By 25%

A twenty-five percent increase in fees has been announced for the use of public restrooms and urinals in the Kumasi…
Adentan Housing Project Resumes After 10-Year Legal Delay

Adentan Housing Project Resumes After 10-Year Legal Delay

The State Housing Company is revitalizing the delayed project and restoring optimism to Ghana’s housing market after years of litigation…
Ghana Faces Ban On Its Fish Food Over Illegal Fishing Methods

Ghana Faces Ban On Its Fish Food Over Illegal Fishing Methods

Dr. Angela Lamptey, a Senior Lecturer at the University of Ghana’s Department of Marine and Fisheries Science, has warned that…
Wood Shortage Expected As 75% Of Local Timber Companies Collapse

Wood Shortage Expected As 75% Of Local Timber Companies Collapse

Due to the continuous forest damage brought on by bushfires, 75 out of 100 local lumber production enterprises have collapsed,…
Second Demo Against Bank of Ghana Governor Underway

Second Demo Against Bank of Ghana Governor Underway

Mahama Ayariga, the Member of Parliament (MP) for Bawku Central, has informed the police of the second protest against Dr.…
Angry Youth Stop Iron Ore Exploration In Oti Region

Angry Youth Stop Iron Ore Exploration In Oti Region

A mining company using heavy machinery was prevented by a group of about 100 irate teenagers from Asato, a rural…
Terkper Warns Next Government of High Debt Burden

Terkper Warns Next Government of High Debt Burden

Former Finance Minister Seth Terkper has raised concerns about the substantial debt burden awaiting the next government in 2024. During…
Boankra Inland Port Project: Phase One Almost Halfway Complete

Boankra Inland Port Project: Phase One Almost Halfway Complete

In the first phase of the $308 million Boankra Integrated Logistics Terminal (BILT), also called the Boankra Inland Port, at…
Okyenhene Opens New Garment Factory In Kyebi

Okyenhene Opens New Garment Factory In Kyebi

At Kyebi in the Eastern Region, a clothing and textile factory is opened with the goal of encouraging women and…
Ghana Ranks 5th In Africa For Largest Lithium Deposits

Ghana Ranks 5th In Africa For Largest Lithium Deposits

Africa is projected to see a rise in lithium development projects, since Ghana was found to have the fifth-highest lithium…
100 Electronic Buses Arriving In Ghana By End Of 2024 – Bawumia

100 Electronic Buses Arriving In Ghana By End Of 2024 – Bawumia

Dr. Mahamudu Bawumia, Vice President, has declared that plans are in motion to acquire one hundred electronic buses by year’s…
Fuel Price Hikes: Drivers Seek 10% Fare Increase

Fuel Price Hikes: Drivers Seek 10% Fare Increase

Recent increases in fuel  prices have sparked conversations about potential fare increases for transportation, especially among Accra’s drivers. They are…
Cement Shortage Expected As Gov’t Price Control Likely To Decrease Production

Cement Shortage Expected As Gov’t Price Control Likely To Decrease Production

The CEO of the Chamber of Cement Manufacturers issues a warning, stating that lower output will result from approval of…
Speaker Calls On Trade Minister To Revoke Cement Price Regulation

Speaker Calls On Trade Minister To Revoke Cement Price Regulation

Kobina Tahir (K.T.) Hammond, the trade minister, has received advice from Speaker of the House Alban Bagbin to remove the…
Accra Ranks 7th Most Expensive City In Africa – Numbeo Reports

Accra Ranks 7th Most Expensive City In Africa – Numbeo Reports

According to Numbeo, one of the leading data and research platforms worldwide, Accra is the seventh most expensive city in…
TECNO Unveils Kudus As New Brand Ambassador

TECNO Unveils Kudus As New Brand Ambassador

Kudus Mohammed, a Ghanaian football superstar, was introduced at TECNO Ghana’s offices in Accra, the country’s capital, as the company’s…
Plastic Manufacturing Companies Threaten To Shut Down

Plastic Manufacturing Companies Threaten To Shut Down

A five percent excise levy on locally made plastic products has prompted the Ghana Plastic Manufacturers Association to threaten to…
Bags Of Maize Would Soon Be Sold By Weight To Ensure Fair Value for farmers

Bags Of Maize Would Soon Be Sold By Weight To Ensure Fair Value for farmers

In order to prevent farmers from being underpaid, the Ministry of Food and Agriculture is collaborating with Integrity Commodities Limited…
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