Business
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Business
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…
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News
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…
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News
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)…
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News
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.…
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News
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…
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News
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…
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News
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…
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News
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.…
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News
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…
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News
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…
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Business
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…
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News
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…
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News
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…
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News
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…
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News
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…
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News
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…
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News
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…
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News
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…
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News
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…
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News
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…
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News
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…
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Business
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.…
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News
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…
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News
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…
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News
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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Business
Next Of Kin Does Not Mean Automatic Inheritance Of Accounts – Bank Of Ghana
The public has been advised by the Bank of Ghana (BoG) to carefully choose their next of kin, stressing the…
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News
Cedi Reaches GH¢16 Per Dollar In Retail Market
Following weeks of comparatively stable exchange rates, the Ghana cedi has now reached GH¢16 to the US dollar on the…
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News
Akufo-Addo Breaks Ground For Accra-Tema Motorway Extension Project
The Accra-Tema Motorway extension project, which aims to increase the motorway’s capacity and efficiency, has officially commenced under President Akufo-Addo.…
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News
Dangote Refinery Ready To Begin Gasoline Production
According to a notice by industry watchdog IIR Energy, Nigeria’s 650,000-barrel-per-day Dangote refinery is testing gasoline production; full operation is…
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Business
Professor Bokpin Advises Bawumia To Abolish E-levy To Regain Voter Trust
Godfred A. Bokpin, a professor of finance and economist, has praised Dr. Mahamudu Bawumia for his plan to do away…
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