Business
$360 Million Disbursed To Ghana As IMF Approves Third Program Review
December 3, 2024
$360 Million Disbursed To Ghana As IMF Approves Third Program Review
Ghana passed the third program review by the International Monetary Fund (IMF) Board, which also authorized the payment of approximately…
Bawumia To Scrap Taxes On Mobile Phones To Lower Prices.
December 3, 2024
Bawumia To Scrap Taxes On Mobile Phones To Lower Prices.
Dr. Mahamudu Bawumia, the vice president and presidential candidate of the New Patriotic Party (NPP), has reiterated his pledge to…
Akufo-Addo Opens New Market At Akim Oda
November 30, 2024
Akufo-Addo Opens New Market At Akim Oda
The new market complex in Akim Oda, was opened by President Nana Addo Dankwa Akufo-Addo. The Chiefs’ and the locals’…
BoG Launches Gold Coins Priced Between GH₵11,000 & GH₵45,000
November 28, 2024
BoG Launches Gold Coins Priced Between GH₵11,000 & GH₵45,000
The Ghana Gold Coin (GGC), a new financial instrument designed to diversify investment alternatives for the general people, has been…
Fire Destroys Multiple Wooden Structures At Agbogbloshie
November 25, 2024
Fire Destroys Multiple Wooden Structures At Agbogbloshie
Agbogbloshie in the Greater Accra Region has seen the destruction of multiple wooden structures and their contents due to a…
Ghana Is 7th Top Recipient Country Of IMF
November 23, 2024
Ghana Is 7th Top Recipient Country Of IMF
Ghana is the world’s seventh-largest recipient of World Bank assistance. Between 1961 and 2024, the nation received a total of…
Crypto Tycoon Spends $6.2 Million On Record-Breaking Purchase Of One Banana
November 22, 2024
Crypto Tycoon Spends $6.2 Million On Record-Breaking Purchase Of One Banana
At a New York auction, cryptocurrency entrepreneur Justin Sun paid $6.2 million for Maurizio Cattelan’s notorious piece of art, Comedian,…
President Akufo-Addo Opens 200MW Power Plant To Drive Economic Development.
November 22, 2024
President Akufo-Addo Opens 200MW Power Plant To Drive Economic Development.
A 200 megawatt combined cycle power generation plant was put into service by President Akufo-Akufo as part of his attempts…
Dumsor Looms As 3 Power Plants Risks Closure Due To $259 Million Debt
November 22, 2024
Dumsor Looms As 3 Power Plants Risks Closure Due To $259 Million Debt
Dr. Elikplim Apetorgbor, the CEO of the Independent Power Producers (IPP), has issued a warning that three vital power plants…
Petrol Prices Reduced While Diesel Remain Unchanged
November 19, 2024
Petrol Prices Reduced While Diesel Remain Unchanged
Three days into the second November pricing window, certain Oil Marketing Companies (OMCs) have started to slightly lower fuel prices.…
Victims Assess Damage Following Fire Incident At Odawna
November 15, 2024
Victims Assess Damage Following Fire Incident At Odawna
After a fire damaged more than fifteen wooden structures in the Korley Klottey Municipality’s Odawna neighborhood, close to Kwame Nkrumah…
Bank of Ghana Suspends Taptap Send Operations Over Regulatory Violations
November 12, 2024
Bank of Ghana Suspends Taptap Send Operations Over Regulatory Violations
Taptap Send’s remittance services with commercial banks, Dedicated Electronic Money Issuers (DEMIs), and Enhanced Payment Service Providers (EPSPs) in the…
Finance Minister Pleads With French Businesses Leaving Ghana Amid Tax Concerns
November 11, 2024
Finance Minister Pleads With French Businesses Leaving Ghana Amid Tax Concerns
Despite the current tax climate, the government is urging the French business community to reevaluate any intentions to move their…
Government policies have really not helped the private sector – McDan laments
November 9, 2024
Government policies have really not helped the private sector – McDan laments
The Chairman of the McDan Group, Dr. Daniel McKorley, has expressed concerns about the challenges faced by stakeholders in Ghana’s…
Japan Motors Introduces Geely Vehicle In Ghana To Celebrate Milestone
November 9, 2024
Japan Motors Introduces Geely Vehicle In Ghana To Celebrate Milestone
The formal debut of three Geely car models in Ghana is a significant milestone that Japan Motors Trading Co. Ltd.…
Meet Nana Owusu Achiaw Brempong, 2024 Overall National Best Farmer
November 9, 2024
Meet Nana Owusu Achiaw Brempong, 2024 Overall National Best Farmer
The 70-year-old national best farmer is Nana Owusu Achiaw Brempong, who hails from the Ashanti Region’s Sekyere Central area. With…
Cocoa Producer Price Goes Up To GH₵3,100
November 9, 2024
Cocoa Producer Price Goes Up To GH₵3,100
The producer price of cocoa has increased from GH₵3,000 to GH₵3,100 per 64kg bag, according to President Nana Addo Dankwa…
Papa Kwesi Nduom To Organize “Bring Back GN Bank” Demo This November
November 8, 2024
Papa Kwesi Nduom To Organize “Bring Back GN Bank” Demo This November
Papa Kwesi Nduom, the founder and leader of the Progressive People’s Party (PPP), has said that he will conduct a…
Bawumia Launches New Credit Scoring System Today
November 7, 2024
Bawumia Launches New Credit Scoring System Today
Today, November 7, 2024, Vice President Dr. Mahamudu Bawumia is scheduled to introduce a national credit score system. In addition…
GoRide: New Local Ride-Hailing App Launched In Ghana
October 31, 2024
GoRide: New Local Ride-Hailing App Launched In Ghana
Accra has seen the launch of a new ride-hailing service designed locally with a traditional flair to assist commuters in…
Bawumia Promises To Revitalize Juapong Textiles With ‘Buy Ghana First’ Initiative
October 22, 2024
Bawumia Promises To Revitalize Juapong Textiles With ‘Buy Ghana First’ Initiative
Dr. Mahamudu Bawumia, the New Patriotic Party’s (NPP) presidential candidate, has stated that he is prepared to support local manufacturing…
Ghana Gas Takes Over Ownership Of Ghana Cylinder Manufacturing Company
October 21, 2024
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
October 21, 2024
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
October 18, 2024
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
October 17, 2024
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
October 17, 2024
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
October 12, 2024
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
October 12, 2024
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.
October 7, 2024
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.
October 4, 2024
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…