Business
-
News
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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,…
Read More » -
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…
Read More » -
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…
Read More » -
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),…
Read More » -
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…
Read More » -
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…
Read More » -
News
Bank Of Ghana Reports A GH₵10.5 Billion Loss In 2023
The Bank of Ghana reported a net loss of GHS10.5 billion for the fiscal year ending 2023. This loss is…
Read More » -
News
Registrar To Remove 508,000 Companies From List
By the end of June 2024, fifty-eight thousand (508,000) public and private business organizations must be removed from the Office…
Read More » -
News
KIA To Introduce E-Gates By December – Bawumia
The New Patriotic Party (NPP) flagbearer, Dr. Mahamudu Bawumia, has declared that E-Gates will be installed at Kotoka International Airport…
Read More » -
News
Cowbell Celebrates World Milk Day with Free Breakfast for 100K Kids
Under the theme “Let’s Celebrate Nutritious and Sustainable Dairy,” 100,000 servings of a full breakfast were served to students from…
Read More » -
News
China Tops Ghana’s Imports In 2023 With GHC33.9bn Value
With GHC 33.9 billion in imports in 2023 compared to GHC 26.4 billion in 2022, China continues to be Ghana’s…
Read More » -
News
Electricity Tariffs To Go Up: PURC Announces
The price increases for gas, water, and electricity have been announced by the Public Utilities Regulatory Commission (PURC). The increase…
Read More » -
News
Vegetable Prices Increase By 100% In Kumasi
Vegetable prices, including those of carrots, lettuce, and green peppers, have increased dramatically, which has an impact on market sales.…
Read More » -
News
World Bank Approves $250m Loan For Ghana
On Friday, May 31, the World Bank approved a $250 million credit for Ghana’s Financial Stability Project, which will last…
Read More » -
News
Bawumia Plans To StabilizeThe Cedi With Gold
In the event that he wins the presidency in the polls on December 7, Dr. Mahamadu Bawumia, the flagbearer of…
Read More » -
News
Government To Launch 5G Internet In Six Months
Since the government of Ghana revealed plans to bring out the 5G network over the next six months, internet customers…
Read More » -
News
Consumer Protection Agency Alerts Ghanaians On Fake Diapers
The public, particularly mothers, have been warned by the Consumer Protection Agency (CPA) to be on the lookout for fake…
Read More » -
News
Local Manufacturers Oppose 5% Tax On Plastic Products
Local manufacturers in the nation have protested against a 5% excise charge on plastic goods made there. They claim that…
Read More » -
News
COCOBOD Plans To Borrow $1.5bn for 2024-25 Cocoa Purchases
Ghana’s cocoa regulator plans to borrow up to $1.5 billion by September to buy cocoa for the 2024/25 season and…
Read More » -
Business
Ghana Reaches GH₵658,600,000,000 In Debt
In just the first two months of 2024, Ghana’s public debt increased significantly by GH¢47.4 billion, totaling GH¢658.6 billion. By…
Read More » -
News
Court Rejects Lawsuit Against GMO Commercialization
Food Sovereignty Ghana’s allegations about the work done on genetically modified food (GMO) the National Biosafety Authority were unacceptable by…
Read More » -
News
MTN Ghana Will Quit Making Airtime Scratch Cards by June 2024
With effect from June 30, 2024, MTN Ghana has stated that it will be gradually discontinuing its scratch cards, which…
Read More » -
News
Ghana’s Crude Oil Production Falls
According to the Public Interest Accountability Committee’s (PIAC) 2023 Annual Report on the Management and Use of Petroleum Revenue, Ghana’s…
Read More » -
News
Cedi Drop: Abossey Okai Spare Parts Prices Expected To Rise
Due to the cedi’s depreciation, the Abossey Okai Spare Parts Dealers Association has declared that prices may rise as early…
Read More »