Business
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News
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The Social Security and National Insurance Trust (SSNIT) owns four hotels, and Rock City Hotel has just withdrawn its proposal…
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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…
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Business
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…
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News
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…
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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,…
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Terkper Warns Next Government of High Debt Burden
Former Finance Minister Seth Terkper has raised concerns about the substantial debt burden awaiting the next government in 2024. During…
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Boankra Inland Port Project: Phase One Almost Halfway Complete
In the first phase of the $308 million Boankra Integrated Logistics Terminal (BILT), also called the Boankra Inland Port, at…
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Okyenhene Opens New Garment Factory In Kyebi
At Kyebi in the Eastern Region, a clothing and textile factory is opened with the goal of encouraging women and…
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Ghana Ranks 5th In Africa For Largest Lithium Deposits
Africa is projected to see a rise in lithium development projects, since Ghana was found to have the fifth-highest lithium…
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News
100 Electronic Buses Arriving In Ghana By End Of 2024 – Bawumia
Dr. Mahamudu Bawumia, Vice President, has declared that plans are in motion to acquire one hundred electronic buses by year’s…
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News
Fuel Price Hikes: Drivers Seek 10% Fare Increase
Recent increases in fuel prices have sparked conversations about potential fare increases for transportation, especially among Accra’s drivers. They are…
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News
Cement Shortage Expected As Gov’t Price Control Likely To Decrease Production
The CEO of the Chamber of Cement Manufacturers issues a warning, stating that lower output will result from approval of…
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News
Speaker Calls On Trade Minister To Revoke Cement Price Regulation
Kobina Tahir (K.T.) Hammond, the trade minister, has received advice from Speaker of the House Alban Bagbin to remove the…
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News
Accra Ranks 7th Most Expensive City In Africa – Numbeo Reports
According to Numbeo, one of the leading data and research platforms worldwide, Accra is the seventh most expensive city in…
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Plastic Manufacturing Companies Threaten To Shut Down
A five percent excise levy on locally made plastic products has prompted the Ghana Plastic Manufacturers Association to threaten to…
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News
Bags Of Maize Would Soon Be Sold By Weight To Ensure Fair Value for farmers
In order to prevent farmers from being underpaid, the Ministry of Food and Agriculture is collaborating with Integrity Commodities Limited…
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MTN ’s Y’ello Care Initiative Supports 25 Senior High Schools
As part of their yearly volunteer program, MTN Ghana is teaching digital literacy to students in 25 senior high schools…
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Agbogbloshie Onion Market Project Abandoned Years After Demolition
The redevelopment of Accra’s old Agbogbloshie onion market remains stalled years after its demolition. The site, once notorious as “Africa’s…
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Akufo-Addo Approves ¢1.5bn Bailout For Banking Sector Clean-up Victims
The Finance Ministry has been directed by President Akufo-Addo to distribute ¢1.5 billion to consumers who felt the impact of…
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News
COVID-19 Was A Whole Jackpot For Government – Nii Moi Thompson
Dr. Nii Moi Thompson, a renowned economist, disclosed that the COVID-19 pandemic unexpectedly boosted the Akufo-Addo government’s finances. Ghana received…
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Business
Cedi Continues Suffocating, Drops 21% To GH¢15.70 Per Dollar
Last week, the spot market saw a 3.88% decline in the value of the Ghana cedi relative to the US…
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News
Ghana Secures $2 billion Loan From Korea To Boost Economy
Ghana is anticipating a US$2 billion concessionary loan from South Korea to promote the nation’s economic development, according to Deputy…
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Business
Shortage of Cocoa Products Approaches: Companies Risk Shutdown
If your favorite cocoa product is scarce or more expensive, here’s why: Ghana’s cocoa processing companies are struggling due to…
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News
Tax Social Media & Online Businesses: Dep. Finance Minister
Dr. Alex Ampaabeng, the deputy minister of finance, has suggested taxing internet traders on social media in order to stimulate…
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News
Cedi Stays Weak As Cocoa Export Revenue Falls By Over $500m
Illegal mining, climate issues, diseases, and smuggling caused cocoa export revenue to drop by over $500 million in early 2024,…
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News
Finance Ministry To Refund Customers Of Closed Banks Soon – Bawumia
The Ministry of Finance is arranging to reimburse customers of businesses that the Securities and Exchange Commission (SEC) dissolved as…
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News
Blame Galamsey For High Prices of Vegetables – GAWU
According to the General Agricultural Workers Union (GAWU), illicit mining activities in Ghana are to blame for the acute shortage…
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News
Cement Prices Rise Up To GH¢108 Despite Trade Minister’s Order
Cement prices are still rising in spite of a ministerial directive to the Cement Manufacturing Development Committee in Ghana (CMDCG),…
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News
Investors Resume Protests Over Unpaid Funds
The Locked-up Investment Holders’ Forum members have returned to their public demonstrations, calling on the Finance Ministry to release their…
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News
Ghana To Start Building First Manganese Refinery In August
August of this year will see the start of building on Ghana’s first manganese refinery, according to Minister of Lands…
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