MTN Group and Ghana have signed an agreement to work together to support the government's flagship 'One Million Coders Programme' to equip young Ghanaians with artificial intelligence, coding and digital skills to drive the country's digit…
The Governor of the Bank of Ghana (BOG), Dr Johnson Pandit Asiama, says a value for money audit will be conducted into the new headquarters of the Bank.
The audit of the US$261.8 million office complex, he said, formed part of a compreh…
The government is likely to introduce new taxes on key sectors, including financial services, as it seeks alternative revenue streams in its maiden budget statement scheduled for March 11, 2025.
The move follows the promise by the M…
Cabinet has approved the 2025 budget and fiscal policy for presentation to Parliament on Tuesday.
The Minister for Government Communications, Felix Kwakye Ofosu, at a press briefing yesterday at the Jubilee House following a special …
Economist and National Economic Dialogue Planning Committee member, Professor John Gatsi, has emphasized the urgent need for Ghana to build strong financial buffers to end its cycle of repeated International Monetary Fund (IMF)…
The Ghana International Trade and Finance Conference (GITFIC) is initiating an educational policy to empower Africa's next generation.
The "GITFIC-AFCFTA Tertiary Curriculum Launch" slated for Tuesday, March 11, 2025 is set to bring tog…
Ghana’s Treasury bill (T-bill) rates have fallen below 20 per cent for the first time in nearly two years, reflecting a shift in government borrowing strategy and strengthening investor confidence in the country’s economic recovery.
A…
Huawei Technologies says it is willing and ready to work with carriers and industry partners around the world to promote digital enablement, reinforce network foundations, and bring Al to all.
Mr Li Peng, Huawei's Corporate Senior Vice …
Despite its vast resources and production capacity, Africa remains heavily reliant on external markets. This state of affairs has prompted Botswana to raise the alarm about low levels of intra-African trade.
“It's disheartening that Afr…
While economic challenges and currency depreciation have affected major markets like South Africa and Nigeria, Ghana’s leading banks have demonstrated resilience, maintaining strong Tier 1 capital positions, the latest edition of The …
Ghana’s export sector recorded remarkable growth in 2024, with total exports reaching GH?294.9 billion.
This significantly outpaced the country’s imports, which stood at GH?250.2 billion, resulting in a trade surplus of GH?44.7 bill…
A day's stakeholders' workshop on yam variety identification technology dissemination has been held at Nyankpala in the Tolon District of the Northern Region.
The workshop, organised by the Council for Scientific and Industrial Research…
The Revenue Assurance Information Technology Team of the Electricity Company of Ghana (ECG) has conducted a comprehensive training session for Volta Region's Priority Clients Management Executives (PCMEs), Debt Management Officers (DMOs) a…
As part of a series of activities to celebrate International Women’s Month this March, Telecel Ghana and Telecel Ghana Foundation have organised the ‘Accelerate HER Future’ mentorship initiative, where female employees shared career experi…
KARPOWERSHIP Ghana, operator of the 450MW Karadeniz Powership Osman Khan, has joined the global celebration of World Engineering Day for Sustainable Development 2025. This year’s theme, “Unleashing the Power of Engineers to Advance the S…
The Peasant Farmers Association of Ghana (PFAG) is pushing for the prioritization of agriculture policies to reduce the country’s $2 billion annual food import bill.
The Association argues that Ghana has the capacity to produce thes…
President John Dramani Mahama has outlined plans to reshape Ghana’s economy through a 24-hour economy policy and a $10 billion infrastructure project, aimed at boosting job creation, industrial growth, and reducing reliance on foreign ai…
World Football Summit (WFS) (https://WorldFootballSummit.com), a leading platform in the global football industry, has announced the organization of WFS Rabat 2025 in partnership with EVOSPORT, a subsidiary of University Mohammed V…
The African Energy Chamber (AEC) will host the Invest in African Energies: Ghana forum from 15:00-21:00 on March 31 at the Kempinsky Hotel in Accra. Representing part of a series of networking events organized ahead of the African …
THE Minister for Finance, Dr Cassiel Ato Forson, has stressed the urgent need to improve Ghana's tax administration to help close the compliance gap and boost revenue mobilisation.
He explained that the country's tax revenue collectio…
Finance Minister Dr Cassiel Ato Forson has announced a comprehensive seven-point economic recovery plan designed to reset the economy and put it back on the path of growth.
Addressing participants at the National Economic Dialogue, D…
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has commended the Governor of the Bank of Ghana, Dr. Johnson Asiama, for suspending the Gold-for-Oil programme.
His comments follow the Bank of Gha…
Trade relations between the UK and Africa are gaining momentum. Last month, UK Minister for Trade Policy and Economic Security Douglas Alexander visited South Africa and Botswana to strengthen trade ties and create opportunities fo…
The Electronic Money Issuers (EMIs) Chamber of Ghana has advised mobile money agents in the country to as a matter of urgency, prioritise their personal safety and security by taking precautionary measures to protect themselves from atta…
President and Chief Executive Officer of the African Centre for Economic Transformation (ACET), Mavis Owusu Gyamfi, has described the U.S. government’s decision to discontinue USAID support as a wake-up call for Ghana to reclaim owners…
Governor of the Bank of Ghana, Dr. Johnson Asiama, has indicated that the upcoming 2025 budget will introduce measures aimed at addressing food inflation, a major contributor to overall inflation.
With rising food prices driving up …
CURRENCY MARKET
The Cedi gained marginal grounds against the USD for the week. It traded at GH¢15.5300/$, compared with GH¢15.5400/$ at week open, reflecting w/w gain and YTD depreciation of 0.06% and 5.34% respectively. This compares w…
Tanzania is strengthening its position in the global lithium market, driven by a combination of government initiatives and active participation from international exploration and production companies.
The country has witnessed a…
Ellevate by Ecobank expands to become bigger, better and more inclusive
From supporting corporate businesswomen, small and medium-sized entrepreneurs to individual entrepreneurs, and those in the informal sector.
o bridge the gen…
Consolidated Bank Ghana LTD (CBG) has launched a project to provide boreholes in various underserved areas across the country. This initiative is a part of the Bank's Corporate Social Responsibility (CSR) efforts aligning with the United N…
eTranzact Ghana, a leading digital payments service provider, has been named Fintech Company of the Year at the 4th Ghana Fintech Awards.
The event, organised by the Ghana FinTech and Payments Association in partnership with Arkel Lim…
Women in Marketing Africa (WiM Africa) in partnership with Global Media Alliance is set to host the first Real Talk Debate event for 2025 in Accra.
Titled “Is AI a Threat or Opportunity for Africa’s Creative Sector?” and scheduled …
Consolidated Bank Ghana LTD (CBG) has launched a project to provide boreholes in various underserved areas across the country.
This initiative is a part of the Bank’s Corporate Social Responsibility (CSR) efforts aligning with the U…
The National Petroleum Authority (NPA) has projected a decline in petroleum prices by mid-March 2025, attributing the expected reduction to falling crude oil prices and a slight depreciation of the Ghanaian cedi against…
Artificial Intelligence is no longer just a tool—it is a gamechanger in our lives, our work as well as in both cybersecurity and cybercrime. While businesses leverage AI to enhance defences, cybercriminals are weaponising AI to mak…
The fifth edition of the Finance in Common Summit (FiCS) concluded on Friday in Cape Town, South Africa, with strong calls for global development finance institutions to work together to address poverty and development challenges. …
The African Energy Chamber (AEC) (https://EnergyChamber.org) – representing the voice of the African energy sector – has enlisted international consulting firm Stryk Global Diplomacy (SGD) to support oil and gas engagement between …
Acting Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Sarpong, has defended the ambitious GH?200 billion revenue target set for 2025, insisting it is achievable with the right strategies.
Despite skepticism from …
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has emphasized the need to diversify Foreign Direct Investment (FDI) beyond Ghana’s traditionally competitive sectors, such as gold and oil.
…
Castel Group has reached an agreement to acquire an 80.4% shareholding in Guinness Ghana Breweries PLC from Diageo Holdings Netherlands B.V.
The transaction, valued at GH? 5.15 per share, was formalized through a share purchase agre…
Ghana’s mining industry stands as a key driver of economic growth - with GDP projections reaching 1.5% by 2025 (https://apo-opa.co/4klB6s7) - fueled by expanding opportunities within the sector. A stable political and business envi…
The Ghanaian-European Centre for Jobs, Migration and Development, in partnership with the Jackson Institute of Technology, has launched a transformative IT entrepreneurship training programme.
This initiative aims to equip aspiring …
VOLKSWAGEN GHANA is set to roll out a Vehicle Financing Scheme by the second quarter of the year to enable Ghanaians to acquire locally assembled brand new VW cars.
The initiative, when taken off, is aimed at making Ghanaians to own ne…
Employees of Telecel Ghana, through the telecommunications giant’s Employee Volunteering Programme - Red Hearts, have handed over a renovated and equipped Information Computer Technology (ICT) lab to the Anfoega Akukome E.P. Primary School…
Telecel Ghana is celebrating International Women’s Month with a vibrant lineup of activities under the derivative theme ‘Accelerate HER.’ The month-long celebration, is aimed at empowering women, challenging gender biases, and advancing in…
VeliTech, a leading turnkey iGaming technology provider, has launched in South Africa and is poised to disrupt the industry with its next-generation solutions and all-in-one platform.
This 2025 arrival comes at a crucial time when South…
Legacy cybersecurity systems – once recognized as the cornerstone of business infrastructure – are putting African companies at risk of data breaches and cyberattacks, which could end up costing more than just money. These on-premi…
Ghana could find itself seeking an 18th bailout from the International Monetary Fund (IMF) if urgent economic reforms are not undertaken, Dr K.Y. Amoako, President of the Africa Centre for Economic Transformation (ACET), has cautioned.
…
The Member of Parliament for Damongo Constituency and former Minister for Lands and Natural Resources, Hon. Samuel A. Jinapor, has urged the government to clarify issues surrounding the proposed Gold Board.
He stated that the concept …
Rates of the government’s primary borrowing instrument, the Treasury bill, have fallen sharply to their lowest levels in 20 months, signalling a reduction in the government’s appetite for borrowing from the domestic market.
The bench…
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