A day’s fair to allow farmers to showcase farm produce and products that do well in the Sahel region has been held in Bolgatanga in the Upper East Region.
Products exhibited included varieties of improved maize, cashew and soya bean see…
Uber has agreed to pay A$271.8m ($178.3m; £140m) to settle a lawsuit in Australia, according to a law firm for taxi operators and drivers.
Maurice Blackburn Lawyers filed the class action on behalf of over 8,000 taxi and hire car owners…
Four submarine cables running along the coast of West Africa have been damaged or are experiencing downtime, leading to internet outages in numerous countries across the region.
The impacted cables include the WACS, MainOne, SAT3 and AC…
The National Petroleum Authority (NPA) on Friday donated assorted food items to the National Chief Imam to support needy Muslims to observe the Ramadan fast.
The items included bags of rice, sugar, cooking oil, packs of milo, milk, and wa…
Ghana is estimated to lose $1.4 billion annually through Illicit Financial Flows (IFFs), Tax Justice Network Africa (TJNA), an international fair tax advocacy non-governmental organisation (NGO), has cautioned.
Ishmael Zulu, policy office…
Tullow has affirmed its commitment to Ghana’s socio-economic growth through its operations in the country.
The UK-based multinational oil and gas company, currently operates the two main oil fields in Ghana – Jubilee and TEN.
Togethe…
Zenith Bank, one of Ghana’s leading financial institutions, has proudly opened its newest branch in Techiman, in the Bono East Region of Ghana.
Strategically located in the heart of Techiman, this expansion underscores Zenith Bank Ghana…
Zoomlion Ghana Ltd., a leading waste management company, has provided support to the Buz Stop Boys, a voluntary sanitation group, for cleaning activities in parts of the capital.
The support included technical and logistical assistance …
The Director-General of the Social Security and National Insurance Trust (SSNIT), Dr John Ofori-Tenkorang, has encouraged businesses to pursue other innovative means to overcome the challenges that are associated with the current internet …
Gold Fields Ghana Limited has handed over four projects to communities within its operational area under the Gold Fields Ghana Foundation (GFGF) in the Prestea Huni Valley Municipality of the Western Region.
The projects are the renovat…
Letshego Ghana Savings and Loans Plc has initiated a five-year programme to raise GHC500 million to finance the operations of the company.
The move is to enable the company double the number of customers it serves, which currently stand…
The Governor of the Bank of Ghana, Dr. Ernest Addison, has called for tailored financing support for low-income countries to address the unique economic challenges faced by nations with limited resources.
He underscores the need for dev…
A report by the Women in Informal Employment: Globalizing and Organizing (WIEGO) has revealed that 850,000 Ghanaians, mostly women, were pushed into extreme poverty in 2022 due to a host of factors, including high levels of government debt…
The World Bank has entered into a partnership with the Ghana Consulting Engineers Association (GCEA) to offer continuous training and capacity building in contract management within West and Central Africa regions.
With extensive experi…
The African Freelancers (TAF) College, a tuition-free applied business school of creativity and entrepreneurship in Accra, has introduced a programme intended to train former illegal miners (galamseyers) to equip them with entrepreneurial …
Rana Motors has introduced a new fire engine onto the Ghanaian market to aid in the fight against fire outbreaks.
The fire engine is an automatic transmission vehicle with a total tank capacity of 16,000 which has been divided into two …
The Ghana Enterprises Development Agency (GEDA) has initiated plans to provide a crusher machine for the beads market at Koforidua in the Eastern Region.
The machine is used to crush particles of bottles and other types of glass to moul…
GOIL has donated quantities of food items to the National Chief Imam, Sheikh Usmanu Nuhu Sharabutu, towards activities marking the end of this year’s Ramadan.
The items, presented to the Cief Imam at his Fadama residence in Accra, inclu…
A Chartered Accountant and a member of the Institute of Chartered Accountants, Ghana, Kwasi Agyei has been appointed as the new acting Controller and Accountant-General by President Nana Addo-Dankwa Akufo-Addo.
His appointment follows t…
The Minister for Finance, Dr Mohammed Amin Adam, is leading Ghana’s delegation to the IMF/World Bank Spring Meetings taking place in Washington DC.
The delegation which is made up of officials from the Finance Ministry and the Central B…
The International Monetary Fund (IMF) has projected a robust growth of 4.4% for Ghana in 2025.
This forecast marks a significant increase from the 2.8% growth projected for 2024.
The IMF made this announcement in its latest April Wor…
Fitch, a global rating agency, has forecasted that the profitability of Ghanaian banks is expected to weaken in the coming weeks following the Bank of Ghana’s (BoG) recent decision to tie cash reserve ratio (CRR) requirements to loans/depo…
On Tuesday, April 16, 2024, several Oil Marketing Companies (OMCs) implemented price hikes for fuel, marking the second pricing window of the month.
Checks by Citi News at various OMC outlets revealed significant increases in fuel price…
The Public Utilities Regulatory Commission (PURC) has imposed a fine on members of the Electricity Company of Ghana (ECG) board who served between January 1 and March 18, 2024.
The fine, totaling five million, eight hundred and sixty-ei…
Izwe Savings and Loans has posted losses of GH¢206,440 for the 2023 financial year.
This compares to a profit after tax of GH¢1.07 million recorded in 2022.
The 2023 losses was as a result of impairment losses on loans and advances w…
Ecobank Ghana PLC will be hold an in person Annual General Meeting (AGM) as well as virtually and streamed live on April 26, 2024 to transact the following business of the company.
The first will be to consider and adopt the Statement o…
Opportunity International Savings and Loans Ltd (OISL) has organized an exhibition for some beneficiaries of their Kayayie project on the 2nd and 5th of April in Accra and Kumasi respectively.
The exhibition brought together twenty (20)…
Renowned Economist, Professor Stephen Adei, has urged Ghanaians to brace themselves for anticipated economic difficulties in 2025 and beyond.
Prof. Adei highlighted significant delays in the government’s efforts to restructure debt as i…
Innovative technology brand TECNO has unveiled the CAMON 30 Pro 5G, and CAMON 30 models of its newest CAMON 30 Series on the Ghanaian market, delivering an extremely powerful flagship imaging experience in its price bracket, elevating the …
Rev. Dr. Samuel Worlanyo, an economist and spokesperson of the Grand Coalition, has warned about the potential collapse of Ghana’s economy if it continues to heavily rely on borrowing from financial institutions such as the International M…
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring program, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year.
T…
The Volta Lake Transport Company Limited (VLTCL), operators of pontoons on the Volta Lake, is sourcing a loan from Exim Bank to procure new ferries to enhance economic activities of people living along the lake.
It would also help the c…
A preplanting season initiative aimed at creating a platform for farmers and industry to collaborate and effectively eradicate post harvest losses in the agricultural sector has been introduced.
Known as the “Ghana Agrochemical and Crop…
The Minister of Finance, Dr Mohammed Amin Adam, has urged Ghanaians to continue to support the government as it implements the three-year extended credit facility (ECF) programme with the International Monetary Fund (IMF).
He said th…
Countries in Africa’s coastal regions have been urged to embrace the Blue Economy to realise the benefits they stand to gain in the future.
The Academic Dean at the World Maritime University, Professor Michael Ekow Manuel, who made the …
Isaac Adongo, the Ranking Member on the Finance Committee in Parliament, has expressed concerns over the recent staff review conducted by the International Monetary Fund (IMF) on Ghana’s three-year Extended Facility Programme.
Despite t…
The founder and leader of Movement for Change, Mr. Alan Kwadwo Kyerematen, has announced plans to establish a Traders Bank in Ghana to support the private sector.
This move is intended to address the specific needs of traders and enhanc…
Islam is based on five core principles; adhering to these principles is essential for being recognized as a follower of the Islamic faith. These principles, also known as the Five Pillars of Islam, include Shahadah (belief in the oneness o…
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this state…
AN independent power producer, Cenpower Operations and Services Ltd (CENOPS) has extended support in relief items to communities affected by last year’s Akosombo Dam spillage.
The operations and maintenance arm of Cenpower Generation Lt…
The Tema Oil Refinery and the General Transport Petroleum Chemical Workers Union (GTPCWU) have disputed the claims about the alleged sale of the refinery to a private operator, insisting that no concrete decision has been made.
The Al…
The government is determined not to overburden Ghanaians with the payment of more taxes, Dr Mohammed Amin Adam, the Finance Minister, has assured.
Rather, the government would ‘use the hard way’ to collect revenue from those who have no…
The S.D. Dombo University of Business and Integrated Development Studies and the International Labour Organization (ILO) are planning to launch a Shea Entrepreneurship Resource Centre in Tamale, located in the Northern Region.
The centr…
The UK economy grew slightly in February increasing hopes it is on its way out of recession.
The economy grew by 0.1%, official figures show, boosted by production and manufacturing in areas such as the car industry.
The Office for N…
Mr Seth Dganamah, the Chief Executive Officer (CEO) of Kaana Farms, has expressed worry over the continuous sale and forceful acquisition of arable farmlands in the country, especially for mining purposes.
Many farmers had become extrem…
The board of Directors of Golden Star Wassa Limited (GSWL), a gold mining company in Ghana and a subsidiary of Chifeng Gold, has appointed Mr. Carl George Baker-Duly as Chief Executive Officer (CEO) of GSWL.
Prior to this appointment, M…
President Joe Biden has been urged to ban imports of Chinese-made electric cars to the US.
The chair of the Senate Banking Committee, Senator Sherrod Brown, wrote "Chinese electric vehicles are an existential threat to the American auto…
ASA Savings and Loans has provided financial support to 20 of its customers to assist in funding their children’s education.
An amount of GH¢20,000 was dispersed among the beneficiaries, with each individual receiving GH¢1000. Speakin…
In a significant engagement underscoring international collaboration for sustainable development, Development Bank Ghana (DBG) hosted a distinguished delegation from Germany's Bundestag (Federal Parliament).
The visit took place at DBG'…
Users of the GhanaPay mobile money service can now enjoy the benefits of a savings wallet, which offers attractive monthly interest rates.
This development follows the successful implementation of the GhanaPay savings wallet, as disclos…