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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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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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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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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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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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Bawumia: $2 billion Secured For Cape Coast Airport
In the event that he wins the presidency in the next December elections, Dr. Mahamudu Bawumia, the flagbearer of the…
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Dr. Bawumia Unveils 9 Policies To Boost business Growth
Dr. Mahamudu Bawumia, the flagbearer of the ruling New Patriotic Party (NPP), says that his administration will place a high…
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South African Company Takes Over West Hills, Accra Mall & Kumasi City Mall
A South African real estate investment company called Lango has taken over the West Hills Mall, Kumasi City Mall, and…
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Cedi Remains Stable, Still GH¢15.87 To A Dollar
For the majority of last week, the spot market support provided by the Bank of Ghana, valued at $10 million,…
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ECG Cuts Off Kejetia Market Again Over GH¢7m Debt
The Electricity Company of Ghana (ECG) has severed the Kumasi City Market, also called the New Kejetia Market, from the…
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Business
Ofankor-Pokuase Road Project To Be Done By September 2024
Commuters utilizing the Ofankor-Pokuase section of the N6 Highway may soon experience relief, as the ongoing construction is scheduled to…
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News
New Airtime & Data Prices By Telecel To Take Effect Today
Subscribers of mobile network operators particularly Telecel Ghana, are to brace themselves for a potential hike in the price for…
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News
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,…
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Business
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…
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News
$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…
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News
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,…
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News
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…
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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…
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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…
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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,…
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News
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…
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News
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…
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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…
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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…
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News
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…
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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…
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News
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…
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News
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…
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