Business

Ghana Gas Takes Over Ownership Of Ghana Cylinder Manufacturing Company

Ghana Gas Takes Over Ownership Of Ghana Cylinder Manufacturing Company

The Ghana Cylinder Manufacturing Company Limited had considerable losses, including a GH¢4 million deficit in 2021, which prompted the Ghana…
Yango Banned In Togo

Yango Banned In Togo

Only a few months after it launched in the West African country, the ride-hailing service Yango, owned by Russian internet…
Fuel Prices Rise: Petrol Hits GH₵14.49, Diesel Now GH₵14.90

Fuel Prices Rise: Petrol Hits GH₵14.49, Diesel Now GH₵14.90

The cost of petroleum products has grown at a growing number of Oil Marketing Companies (OMCs) across the nation’s service…
Sunon Asogli Power Closes Down Over $259 Million Debt By ECG

Sunon Asogli Power Closes Down Over $259 Million Debt By ECG

Due to the Electricity Company of Ghana’s (ECG) inability to pay its $259 million debt, Sunon Asogli Power Ltd. has…
Chinese Firm To Buy Ghana’s Akyem Gold Mine From Newmont In A $1 Billion Agreement

Chinese Firm To Buy Ghana’s Akyem Gold Mine From Newmont In A $1 Billion Agreement

In a $1 billion transaction, US-based Newmont Corporation is set to sell Ghana’s Akyem gold mine property to China’s Zijin…
Kwahumanhene Steps Down As ADB Board Chair Amid Extortion Allegations

Kwahumanhene Steps Down As ADB Board Chair Amid Extortion Allegations

The Agricultural Development Bank’s (ADB) board chairman, Daasebre Akuamoah Agyapong II, the Kwahumanhene, has resigned. The Bank of Ghana (BoG)…
Betting Pandemic: Brazil Shuts Down 2,000 Betting Sites As Citizens Face Huge Debts

Betting Pandemic: Brazil Shuts Down 2,000 Betting Sites As Citizens Face Huge Debts

As part of an effort to control internet gambling, Brazil started shutting down more than 2,000 betting websites on Friday.…
Cocoa Carriers Association Starts Indefinite Sit-Down Strike Today.

Cocoa Carriers Association Starts Indefinite Sit-Down Strike Today.

In response to concerns over their terms of service, the leadership of the Cocoa Carriers Association has directed its members…
Ghana Now Ranks 4th In Africa For Highest Unpaid Debt To The IMF.

Ghana Now Ranks 4th In Africa For Highest Unpaid Debt To The IMF.

Ghana placed 4th in Africa with the biggest outstanding debt to the International Monetary Fund, the Fund’s 2024 Quarterly Financial…
Cocoa Smuggling Risk Likely To Go Up As As Ivory Coast Increases Farmgate Prices

Cocoa Smuggling Risk Likely To Go Up As As Ivory Coast Increases Farmgate Prices

After the Ivory Coast decided to boost its farmgate price for cocoa and surpass Ghana’s rate, there is now a…
Ghana’s Debt Reaches GH₵761.2bn In July 2024; Each Citizen Owes GH₵22,076

Ghana’s Debt Reaches GH₵761.2bn In July 2024; Each Citizen Owes GH₵22,076

By July 2024, the amount of debt held by Ghana have increased to GH₵ 761.2 billion, or 75.7% of GDP.…
Bank of Ghana Unveils Gold Coin As Form Of Investment Opportunities

Bank of Ghana Unveils Gold Coin As Form Of Investment Opportunities

The Ghana Gold Coin (GGC) was introduced by the Bank of Ghana (BoG) to provide Ghanaians with an alternative investment…
John Jinapor Explains Why ECG Boss Resigned

John Jinapor Explains Why ECG Boss Resigned

The resignation of Samuel Dubik Mahama as Managing Director of the Electricity Company of Ghana (ECG) has been linked to…
LPG Shortage Affects Some Parts of Ghana; TOR Assures Resolution

LPG Shortage Affects Some Parts of Ghana; TOR Assures Resolution

There is a Liquified Petroleum Gas (LPG) scarcity in some areas of the nation. On Thursday, September 26, 2024, Joy…
Ghana’s Cocoa Beans Export Value Falls by 26% In Second Quarter Of 2024

Ghana’s Cocoa Beans Export Value Falls by 26% In Second Quarter Of 2024

The Ghana Statistical Service has released data that shows a notable decline in cocoa bean export values for the second…
Dangote Expresses Regrets Over Not Buying Arsenal

Dangote Expresses Regrets Over Not Buying Arsenal

Aliko Dangote, a billionaire from Nigeria feels sorry for passing up the chance to buy Arsenal at a time when…
Customs Agents And Others Demonstrate Over High Cargo Charges Today

Customs Agents And Others Demonstrate Over High Cargo Charges Today

A protest against the shipping lines entering Ghana would happen today Tuesday, September 24, at 9 a.m. by important players…
Ghana Receives 500 Metric Tonnes Of Grains Foods From ECOWAS

Ghana Receives 500 Metric Tonnes Of Grains Foods From ECOWAS

500 metric tonnes of cereals have been sent to Ghana by the ECOWAS Regional Food Security Reserve to support the…
Government Warned About The Smuggling Of Foreign Canned Beverages Into The Country

Government Warned About The Smuggling Of Foreign Canned Beverages Into The Country

The Ghana Revenue Authority (GRA), specifically its Customs Division, has been urged by the American Chamber of Commerce and the…
CBG Dismisses Allegations Of Being Sold To Swiss Company

CBG Dismisses Allegations Of Being Sold To Swiss Company

Consolidated Bank Ghana Limited (CBG) has denied rumors circulating on social media that the bank was acquired by a Swiss…
Ghana Rated 6th In Africa For Highest Cost Of Living & Rent

Ghana Rated 6th In Africa For Highest Cost Of Living & Rent

Out of 16 African countries with the highest Rent and Cost of Living Index, Ghana is ranked sixth. The nation…
Akufo-Addo Opens State-Of-The-Art Jamestown Fishing Harbour [Photos]

Akufo-Addo Opens State-Of-The-Art Jamestown Fishing Harbour [Photos]

The Greater Accra Region’s Jamestown saw the Friday inauguration of a state-of-the-art fishing harbor by President Nana Akufo-Addo. A cold…
Apple Has Officially Stopped Making These Three iPhone Models

Apple Has Officially Stopped Making These Three iPhone Models

The iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max are the four new iPhone models…
President Akufo-Addo Inaugurates $40 Million Bitumen Plant

President Akufo-Addo Inaugurates $40 Million Bitumen Plant

In Tema, President Nana Addo Dankwa Akufo-Addo officially opened a $40 million bitumen processing facility on Thursday. The largest bitumen…
Banks Introduce Up To $20 Charges On Foreign Currency Accounts

Banks Introduce Up To $20 Charges On Foreign Currency Accounts

Following regulatory pressure, certain commercial banks that had stopped fees on foreign exchange accounts have started to reintroduce them. A…
Cocoa Farmers To Enjoy Nearly 45% Price Increment This Year

Cocoa Farmers To Enjoy Nearly 45% Price Increment This Year

According to two sources with knowledge of the price review process, Ghana plans to raise the state-guaranteed price paid to…
Fuel Prices Reduces: Petrol At GH₵14.16, Diesel At GH₵14.70 Per Litre

Fuel Prices Reduces: Petrol At GH₵14.16, Diesel At GH₵14.70 Per Litre

Since today, September 2, 2024, several oil marketing companies have been lowering the price of petroleum products at the pump.…
FDA Warns Public Against Consuming Palm Oil Contaminated with Sudan Dye

FDA Warns Public Against Consuming Palm Oil Contaminated with Sudan Dye

Because of persistent worries about adulteration, the Food and Drugs Authority (FDA) has advised customers to exercise utmost caution when…
Ghana’s Debt Hits GH₵761bn, Finance Minister Blames Cedi Depreciation

Ghana’s Debt Hits GH₵761bn, Finance Minister Blames Cedi Depreciation

According to an update on the state of the Ghanaian economy provided by Finance Minister Dr. Mohammed Amin Adam, the…
South African Tycoon Beats Dangote To Become Africa’s Richest Man

South African Tycoon Beats Dangote To Become Africa’s Richest Man

Johann Rupert, the luxury goods mogul from South Africa, has surpassed Aliko Dangote of Nigeria to take the top rank…
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