Business

Government To Borrow GH¢78bn From Treasury Bills

Government To Borrow GH¢78bn From Treasury Bills

In the third quarter of 2024, the government intends to borrow GH¢78.441 billion from the money market. Of that amount,…
High Court Throws Out Fake Drugs Charges Against Tobinco

High Court Throws Out Fake Drugs Charges Against Tobinco

Regarding accusations of bringing counterfeit medications into Ghana, the Accra High Court has ruled in favor of Tobinco Pharmaceuticals Limited…
$14 Million Tuna Cold Store Project Opened In Tema

$14 Million Tuna Cold Store Project Opened In Tema

One of the top seafood producers in the world, Thai Union Group, has established a $14 million cold storage facility…
Komenda Residents Plan Demo Against Sugar Factory Lease

Komenda Residents Plan Demo Against Sugar Factory Lease

The Ghana Police Service has been informed of the planned protest by the Komenda Traditional Area’s Concerned Citizens on Tuesday,…
Wontumi Donates GH¢100k To Kwadaso Market Fire Victims

Wontumi Donates GH¢100k To Kwadaso Market Fire Victims

Following a terrible fire that destroyed parts of the Kwadaso market, the New Patriotic Party (NPP)’s Ashanti Regional Chairman, Bernard…
Government Reopens Sea For Fishing After One-Month Closure

Government Reopens Sea For Fishing After One-Month Closure

As of Thursday, August 1, the Ministry of Fisheries and Aquaculture Development (MoFAD) has allowed artisanal fishermen to return to…
Akufo-Addo Opens GNPC’s New Operational Headquarters In Takoradi

Akufo-Addo Opens GNPC’s New Operational Headquarters In Takoradi

On Thursday, August 1, President Nana Akufo-Addo formally opened the new Ghana National Petroleum Corporation (GNPC) Operational Headquarters, marking a…
Forex Bureaux To Verify Ghana Cards, Passports Before Transactions Starting August 1

Forex Bureaux To Verify Ghana Cards, Passports Before Transactions Starting August 1

The Bank of Ghana is introducing a centralized foreign exchange trading platform to enhance financial system integrity. Starting August 1,…
Ghana Gas To Temporarily Close Processing Plants For Maintenance

Ghana Gas To Temporarily Close Processing Plants For Maintenance

The processing plant and offshore gas export facilities of Ghana National Gas Company (Ghana Gas) will be closed starting on…
Ex-Board Secretary: No Plans By Government To Revive Komenda Sugar Factory

Ex-Board Secretary: No Plans By Government To Revive Komenda Sugar Factory

Ransford Amoah, the former board secretary of the Komenda Sugar Factory, has charged that the Akufo-Addo administration is to blame…
Traders Blames Irregular Rainfall For Higher Yam Prices

Traders Blames Irregular Rainfall For Higher Yam Prices

The increase in yam prices, according to vendors in Sunyani’s Nana Bosoma Market, is due to this year’s erratic rainfall…
Franklin Cudjoe: Scrap COVID-19 Levy; Taxes Are Killing Ghanaians

Franklin Cudjoe: Scrap COVID-19 Levy; Taxes Are Killing Ghanaians

Franklin Cudjoe, the founder and president of IMANI Africa, has chastised the government for keeping the COVID-19 levy in place…
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…
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