Business & Economy
January 22, 2025
Josiah
Josiah
E-LEVY removal will help business operations
The Mobile Money Advocacy Group Ghana (MoMAG) is optimistic that the removal of the e-levy will significantly enhance their business operations. During his recent vetting, Minister-Designate for Finance, Dr. Cassiel Ato Forson, announced that the government’s first budget would eliminate the e-levy. Speaking at the association’s new executive induction ceremony, MoMAG President Edward Ofori […]
January 8, 2025
Josiah
Josiah
President John Mahama to meet stakeholders
December 30, 2024
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Josiah
9% oversubscription; interest rates hit 30% for T- bills
November 25, 2024
Josiah
Josiah
24-hour ultimatum to the government
Aggrieved customers of the defunct gold dealership firm, Menzgold Ghana Limited, have issued a 24-hour ultimatum to the government, demanding a bailout of GH¢2 million from their locked-up funds to ease their financial distress. Speaking at a press conference in Accra, the customers warned that failure to meet their demands would result in a collective […]
2min
2140
November 21, 2024
Josiah
Josiah
The Bank Square Commissioned
The grand architectural masterpiece at the heart of the capital is set to become a symbol of Ghana’s economic vitality and a beacon of financial innovation. Speaking at the commissioning ceremony, President Nana Addo Dankwa Akufo-Addo hailed the new Bank of Ghana headquarters as a testament to the institution’s enduring significance and its commitment to […]
4min
2819
November 15, 2024
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Josiah
Fuel Prices expected to drop – COPEC
Fuel prices are expected to decrease starting tomorrow, November 16, 2024, barring any unexpected developments. The Chamber of Petroleum Consumers (COPEC) forecasts a reduction of approximately 5.06% in petrol prices, 3.88% in diesel prices, and 1.14% in Liquefied Petroleum Gas (LPG) prices. COPEC attributes this anticipated decline to a 0.72% drop in global crude oil […]
1min
2683
October 17, 2024
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Josiah
Sunon Asogli Power Ltd announces shutdown
Sunon Asogli Power Ltd has announced the shutdown of its operations due to the Electricity Company of Ghana’s (ECG) failure to settle a $259 million debt. In a statement released on October 16, 2024, the company said it was forced to cease operations on October 8 at 5 PM due to the unpaid debt. “This […]
1min
3469
September 25, 2024
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Josiah
logistics and trade sectors ready to stage a protest
Key players in Ghana’s logistics and trade sectors are set to stage a major protest against the practices of shipping lines operating within the country on Tuesday, September 24, 2024. The Ghana Institute of Freight Forwarders (GIFF), the Association of Customs House Agents of Ghana, Freight Forwarders Association of Ghana, and the Customs Brokers Association […]
6min
2482
September 19, 2024
Josiah
Josiah
Economy fast recovering despite DDEP – Finance Minister
The Ministry of Finance (MoF) has reported that Ghana’s Gross Domestic Product (GDP) shows signs of a strong economic recovery despite global challenges and ongoing debt restructuring efforts. According to the latest figures from the Ghana Statistical Service (GSS), the country’s economic growth in the second quarter (Q2) of 2024 reached 6.9%, up from 4.7% […]
2min
2844
September 18, 2024
Josiah
Josiah
Michael Blackson on Ghana’s debt exchange programme on his investment
Comedian and actor Michael Blackson has voiced his deep disappointment with the Ghanaian government following its default on Eurobond payments. Blackson, who is of Ghanaian descent, had invested in Eurobonds to support his charitable project, the Michael Blackson Academy, located in Agona Nsaba. In a series of posts on X (formerly Twitter), he expressed frustration […]
2min
2815
September 17, 2024
Josiah
Josiah
Ghana risks losing $50 million in revenue if the European Union (EU) enforces a ban on the export of vegetables
Ghana risks losing an estimated $50 million in revenue if the European Union (EU) enforces a ban on the export of vegetables and other produce due to the ongoing damage caused by illegal mining activities. The Vegetable Producers and Exporters Association of Ghana (VEPEAG) has raised concerns about the serious impact such a ban […]
2min
2787
September 16, 2024
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Josiah
Prices of fuel to drop
Fuel prices are projected to decrease in the upcoming pricing window, starting Monday, September 16, 2024, according to the Chamber of Petroleum Consumers (COPEC). Amid fluctuations in global petroleum prices, consumers can expect an average price reduction of about 4% on diesel, petrol, and LPG, COPEC indicated. “Unless there are any significant unexpected changes […]
1min
3347
September 12, 2024
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Josiah
August 2024 inflation decreases to 20.4%
September 3, 2024
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Josiah
Virgin Atlantic’s return to Ghana soon
August 15, 2024
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Josiah
Consumer inflation drops to 20.8% in july
January 15, 2024
January 13, 2024
