Business

Eurobond holders are anticipated to waive approximately $4.7 billion owed to them by the government.This forms part of the agreement reached with the bondholders...

Finance Minister, Dr. Mohammed Amin Adam, has confidently announced that Ghana's economy is set for a strong recovery this year, despite recent challenges.He highlighted...

Last week witnessed a deceleration in the depreciation of the Ghana cedi against the US dollar, with a loss of 0.96% recorded in its...

The Sunyani Area of the Northern Electricity Distribution Company (NEDCo) has launched phase five of its Revenue Mobilization Exercise to recover outstanding debts totaling...

Fitch Solutions has revised its projection for Ghana’s real Gross Domestic Product (GDP) growth for 2024, increasing it from the previous estimate of 3.8%...

Research scientist at the Ghana Atomic Energy Commission's Biotechnology and Nuclear Agriculture Research Institute, Dr. Daniel Osei-Ofosu, highlighted the potential for Ghana to achieve...

Executive Director of Revenue Mobilisation Africa, Geoffrey Kabutey Ocansey, expressed the view that the Bank of Ghana might require recapitalization similar to the collapsed...

The Energy Minister, Matthew Opoku Prempeh, and the Chief Executive of the Chamber of Bulk Oil Distributors have raised concerns about the resumption of...

The Global Chairman of Groupe Nduom and former owner of GN Bank, Dr. Paa Kwesi Nduom, has fervently urged the Governor of the Bank...

The Coalition of NABCO Trainees has reminded Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), of a pledge he made during...

President Akufo-Addo has directed the Finance Ministry to allocate ¢1.5 billion to aid customers impacted by the banking sector's clean-up initiative.Finance Minister Dr. Mohammed...

The government experienced a slight oversubscription of GH¢3.60 billion in the treasury bills auction.As per the Bank of Ghana's auction report, there was a...

Finance Minister Dr. Mohammed Amin Adam has declared the successful conclusion of Ghana’s debt restructuring program with its official creditors.The Member of Parliament for...

The Youth Employment Agency (YEA) has initiated the Business and Employment Assistance Programme (BEAP) with an initial rollout supporting 1,452 businesses, aiming to strengthen...

Following the "Hands Off Our Hotel" protest, President Akufo-Addo has arranged a meeting with Organised Labour on Tuesday, June 25, 2024, to discuss the...

The Ghana Stock Exchange (GSE) has introduced Over-The-Counter Market trading tailored for rural banks and small and medium enterprises (SMEs), marking a significant stride...

The Head of the Excise Unit at the Ghana Revenue Authority (GRA), Kwabena Apau Awua Anto, has emphasized the forthcoming rigorous enforcement of the...

Chief Enterprises Business Officer at MTN Ghana,Angela Mensah-Poku, emphasized the importance of prioritizing financial and digital literacy within the financial inclusion ecosystem to foster...

Agriculture plays a significant role in climate change through methane emissions from livestock digestion, nitrous oxide emissions from fertilizer use, and changes in land...

Stakeholders in the manufacturing space have indicated that despite the 6.8 growth rate recorded for the Industry in the first quarter of 2024, growth...

Director of Inter-Party and Civil Society Organizations (CSO) Relations (Corporate Affairs) for the National Democratic Congress (NDC), Peter Boamah Otokunor, has stressed the urgent...

The World Bank has downgraded Ghana’s Audit Service performance rating from a “C” to a “D”, citing deficiencies in its independence according to global...

The Ghana Revenue Authority (GRA) is set to rigorously enforce the Excise Duty law, mandating manufacturers of excisable goods to issue bonds or securities....

Ghana has experienced a decline in its ranking on the World Bank's Supreme Audit Institutions Independence (SAIs) Index for the year 2023, scoring a...

Quick Credit, after 15 years of providing loan facilities to Ghanaians, will now officially operate under the name Bills Micro-Credit Limited.On Thursday, May 20,...

The Ghana Revenue Authority (GRA) has announced that Strategic Mobilisation Limited (SML) will resume its monitoring operations of the Downstream Petroleum sector starting June...

The Ghana Revenue Authority (GRA) has authorized Strategic Mobilisation Limited (SML) to resume operations, despite an earlier directive from the president for SML to...

Owner of Rock City Hotel, Bryan Acheampong, has strongly denied the allegations made by the NDC Member of Parliament for North Tongu that his...

Board Chairman of Bills Micro-credit Limited, Richard Nii-Armah Quaye, has recognized Captain Prince Kofi Amoabeng, the founder of the now-defunct UT Bank.Mr Quaye stated...

Ghana is facing a significant financing gap hindering its efforts to meet its nationally determined contributions (NDCs) for combating climate change.The estimated total cost...

Ghana is on the verge of finalizing an agreement in principle with its Eurobond holders for the restructuring of $13 billion worth of international...

Ghana's rating in the World Bank's Supreme Audit Institutions Independence (SAIs) Index for 2023 fell to a D (6.5), down from the C (8.0-8.5/10)...

A comprehensive guidelines for equity and investment-based crowdfunding has been introduced in Ghana by the Securities and Exchange Commission of Ghana (SEC) and the...

Ghana is on the verge of finalizing an agreement with its Eurobond holders for the restructuring of approximately $13 billion worth of international debt,...

Former President John Mahama has linked the resurgence of unpredictable power supply, known locally as "dumsor," to the government's failure to secure fuel for...

Minister for Trade and Industry, Kobina Tahir Hammond, has urged Chinese investors to forge partnerships with Ghana to expand their investment activities across Africa.He...

Ghana has reached a preliminary agreement with its bondholders to restructure $13 billion of international debt, according to three sources briefed by Reuters on...

Ghana had the highest banks’ holdings of government debt in Sub-Saharan Africa in 2023, according to Fitch Solutions.Regarding government debt to Gross Domestic Product...

Kwame Blay, son of former National Chairman of the New Patriotic Party (NPP) Freddie Blay, has threatened legal action against Samuel Okudzeto Ablakwa, Member...

The latest Ghana Multidimensional Poverty Report, released by the Ghana Statistical Service (GSS), has highlighted significant insights into poverty levels nationwide.It reveals that...

The recently released Ghana Multidimensional Poverty Report by the Ghana Statistical Service (GSS) highlights the significant impact of employment and living conditions on poverty...

The leadership of the Abossey Okai Spare Parts Dealers' Association has firmly cautioned politicians against using their business hub for political activities.The Association emphasized...

Minister of Food and Agriculture, Bryan Acheampong, expressed frustration, defending his hotel's involvement in a public bid amid pressing issues like soaring tomato prices.He...

In May 2024, the year-on-year inflation rate for all goods and services at ex-factory prices reached 23.6%, marking a notable increase from April 2024's...

Anti-corruption advocate, Vitus Azeem, has raised objections regarding President Akufo-Addo's decision to prolong the tenure of Auditor-General, Johnson Akuamoah Asiedu, by an additional two...

The Ghana Union of Traders’ Association (GUTA) has urged authorities to take decisive action against foreigners operating in the country's retail market.GUTA argues...

A respected economist, Dr. Nii Moi Thompson, has voiced criticism against the Akufo-Addo administration, alleging mismanagement of COVID-19 funds.He pointed out that during the...

Spokesperson on Governance and Security for the government, Palgrave Boakye-Danquah, has provided clarity regarding the intentions of the President Akufo-Addo-led administration concerning the sale...

As Ghana’s economy continues to grow, a troubling trend is emerging – a large portion of the country’s youth remain either unemployed or trapped...

In a move to strengthen ties between Kenya and Ghana, the Ministry of Foreign Affairs and Regional Integration has announced that Ghanaian travelers will...