The Member of Parliament for Yapei-Kusawgu and former Deputy Energy Minister, John Abdulai Jinapor, has announced that President John Mahama has instructed the Chief of Staff to convene an emergency meeting with key stakeholders in the power sector to address an impending energy crisis. His Excellency the President directed the Chief of Staff to chair […]

The government successfully achieved an oversubscription of approximately 9.0% in its treasury bills sale, just a week after experiencing a slight undersubscription. The total amount raised was GH¢4.65 billion, surpassing the target of GH¢4.262 billion. All bids submitted for the short-term instruments were accepted. The majority of the bids came from the 91-day bill, which […]

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 […]

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 […]

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% […]

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 […]