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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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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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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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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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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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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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News
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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News
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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News
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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News
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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News
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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