Business News
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Business
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…
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Business
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.…
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Business
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…
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Lifestyle
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…
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Business
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…
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Business
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…
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Business
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…
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News
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…
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News
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…
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News
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…
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Business
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…
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News
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…
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News
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…
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News
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…
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News
Markets in Kantamanto, Techiman Spring Back After Fire Disaster
Following a terrible fire on January 3, Accra’s Kantamanto Market, a major marketplace for used apparel, is starting up again.…
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News
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…
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News
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…
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News
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…
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News
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…
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News
Prof. Joshua Alabi Takes On The Role Of GCB Board Chairman.
Professor Joshua Alabi has been named Chairman of the Board of Directors and an Independent Non-Executive Director of Ghana Commercial…
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News
GCB Bank MD Steps Down, Farihan Alhassan Appointed As Successor
Kofi Adomakoh, the managing director of GCB Bank PLC, has stepped down. Farihan Alhassan, a renowned banking expert with twenty…
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Business
Bawumia Supports Kantamanto Fire Victims with 250 Roofing Sheets
In order to assist traders impacted by the recent fire at Kantamanto Market in rebuilding their enterprises, former Vice President…
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News
Tricycle Operators Protest KMA Ban, Call For Legalization
The Ghanaian National Union of Tricycle Operators has reiterated its demand that the government of President John Mahama permit the…
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News
National Fire Service Calls For Suspension Of Kantamanto Market Reconstruction
Due to inadequate fire safety precautions and a lack of consultation, the Ghana National Fire Service (GNFS) has voiced worries…
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News
Mahama Extends Assistance To Kantamanto Traders
Traders impacted by the recent fire at Kantamanto Market have received a message from President John Dramani Mahama. This year’s…
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News
Mahama Directs Enhanced Security Measures At Major Markets To Prevent Fires
As part of attempts to control the worrisome spate of fire outbreaks, President John Dramani Mahama has instructed security forces…
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News
Ghana Eyes New Terms For $190M Electricity Agreement With U.S
Ghana is prepared to renegotiate with the US government in order to potentially restore $190 million that was allocated to…
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News
Bawumia Assures Kantamanto Traders Of His Support, Donates GH¢200,000
Dr. Mahamudu Bawumia, the vice president, has offered his sympathies and GH¢200,000 to help traders who were impacted by the…
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News
Cheddar Contributes GHS 50,000 To Support Kantamanto Fire Victims.
Cheddar, also known as Nana Kwame Bediako, has given traders impacted by the recent Kantamanto fire a lifeline. Shortly after…
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News
GCB Bank Closes Liberty House Branch Temporarily Over Katamanto Market Fire
The fire outbreak at the Katamanto market has caused GCB Bank to temporarily close its Liberty House Branch in Accra.…
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