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Finance

Finance

Inflation to reduce to 26.7% by December, 15% by end of 2024 – Akufo-Addo.

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President Nana Addo Dankwa Akufo-Addo is predicting a reduction in the country’s inflation rate by the close of this year, 2023. Inflation is the rate of increase in prices over a given period of time. Ghana’s current inflation rate stands...
Finance

Ghana makes progress with debt situation – World Bank.

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Ghana has made progress with its debt burden, says, Mr Ajay Banga, President, World Bank Group (WBG). “Zambia got out of the debt situation after a long process but we’ve seen progress with Ghana and other countries,” Mr Banga said. Mr...
Finance

IMF bailout: Quickly agree on debt relief terms – Ofori-Atta begs bilateral creditors.

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The Ministry of Finance has appealed to its bilateral creditors to quickly agree on the debt relief terms to help Ghana secure the second tranche of the $3 billion International Monetary Fund (IMF) bailout package. He expressed appreciation to the...
Finance

IMF/World Bank annual meetings open in Morocco.

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The 2023 annual meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) on Monday opened in Marrakech, Morocco. This is the second time that an African country is hosting the meetings of the two global finance...
BUSINESS

Ghana’s Economy Experiencing Turnaround – IMF.

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Ghana’s economy is experiencing a rapid turnaround, according to the International Monetary Fund (IMF). The Fund confirmed that macro-economic stability is being experienced, while international reserves are also increasing at a steady pace. The announcement was made by the Fund’s Chief...
Business

BoG has done no wrong, deal with Finance Ministry – Nana Otuo Acheampong to Minority.

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Banking Consultant, Nana Otuo Acheampong has jumped to the defense of the Bank of Ghana and its governors. According to him, the Governor of the Central Bank, Dr. Ernest Addison did no wrong by accepting to write off 53.1 billion...
BUSINESS

We can use marketing to revitalise Ghana’s economy.

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Professor Abednego Feehi Okoe Amartey, Vice Chancellor, University of Professional Studies, Accra, has urged the government to use marketing as a transformative tool to speed up the economic recovery of the country. He said, when applied professionally, marketing could play...
Features

Maximizing credit cards: Unleashing the benefits and building financial success

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Credit cards are becoming an essential tool in our rapidly evolving financial landscape, offering convenience, security, and an array of benefits. Yet, for many customers, credit cards remain shrouded in complexity and confusion. This thorough article tries to debunk myths around...
Crime

Arrest of former Malaysian PM highlights Anwar’s struggle against corruption.

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Addressing an investment forum this week, Malaysian Prime Minister Anwar Ibrahim said his administration would not tolerate corruption regardless of an official’s rank or political connections and pledged to tackle misconduct “without fear or favour”. Less than 48 hours later,...
Features

Take advantage of $2.4bn circular economy-Gov’t tells investors

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The Government is wooing investors and industries to see the $2.4 billion financing need to transition Ghana from a linear to a circular economy as a huge investing and business opportunity. This is because the circular economy has enormous untapped...
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World Leaders advocate for technology adoption to tackle healthcare challenges in Africa

World Leaders at the prestigious World Economic Forum in Davos, Switzerland, an event co-hosted by GAVI and the Ministry...
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World Leaders advocate for technology adoption to tackle healthcare challenges in Africa

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World Leaders at the prestigious World Economic Forum in Davos, Switzerland, an event co-hosted by GAVI and the Ministry of Communications, Innovation, and Digital...

NPP primaries: Asante Mampong election in limbo as group secures injunction

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The New Patriotic Party's (NPP) parliamentary primaries in Asante Mampong have been halted as 35 dissatisfied party members secured an injunction against the exercise. The...

Inaki Williams eliminates Barcelona from the Copa del Rey in less than 48 hours after Ghana’s defeat in the AFCON.

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Ghana forward Inaki Williams was involved in two goals on Wednesday night as Athletic Bilbao eliminated Barcelona from the Copa del Rey. The forward scored...

Results of Ghana’s AFCON campaign: winners and losers

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AFCON 2023 has been another tournament for Ghana’s Black Stars to forget, crashing out of the group stages, again, without registering a win. Despite the...

Atlantic Lithium Completes US$5 million Subscription on MIIF of Ghana

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Atlantic Lithium the African-focused lithium exploration and development company targeting to deliver Ghana’s first lithium mine, is pleased to announce that, in line with...

GEA and Mastercard Foundation Project Unveiled by Bawumia

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Vice President, Dr. Mahamudu Bawumia on Monday, 22nd January 2024, announced the National kick-off of the BizBox project by the Ghana Enterprises Agency and...

Ghana Football Administration must be blamed for poor management, Collins Yaw Jr.

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The Ghana Black Stars’ disappointing performance in the 2024 AFCON has sparked a wave of criticism towards the Ghana Football Administration (GFA). Among the...

Cameroon cautions against propagating hatred during AFCON

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The state-run Cameroon National Communication Council has frowned against the negative role of social media in spreading hate speech during Africa Cup of Nations...

Ghana’s Coach Hughton fired

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Chris Hughton, coach of Ghana national football team, has been relieved of his duties after the team’s group stage exit from the Africa Cup...

Black Stars players Booed After Abysmal AFCON performance

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The hopes of Ghana Black Stars to perform well at the 2023 Africa Cup of Nations (AFCON) tournament was dashed by Mozambique after a...

Safaricom and StarTimes Team Up to broadcast AFCON

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Kenya’s mobile service provider Safaricom and Chinese pay television company, StarTimes, on Tuesday announced a partnership to broadcast the African Cup of Nations (AFCON)...

Businesses are suffering; reduce policy rate to support them (GNCCI to BoG).

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The Ghana National Chamber of Commerce and Industry (GNCCI) is calling for a reduction in the policy rate to support business growth. The Monetary Policy...

IMF expects revenue to underperform target and expenditure to overshoot target

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The International Monetary Fund expects revenue to underperform the Ghana Government target by 0.1% of Gross Domestic Product in 2024, while expenditure overshoots the...

Excessive heat causes outages (ECG).

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The Electricity Company of Ghana (ECG) has explained that the excessive heat waves being experienced in some parts of the country were impacting their...

Bono Regional Minister urges discipline ahead of NPP primaries

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The Bono Regional Minister, Hon. Justina Owusu Banahene, has emphasized the critical need for unity and discipline within the New Patriotic Party (NPP) as...

Russia-Finland Border Cooperation Agreement Abandoned

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The termination of the agreement between Moscow and Helsinki on facilitating border cooperation comes into force on Wednesday, but no significant changes are expected...

A missile attack on Ukraine Pushes Death toll to 18

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The death toll from the Russian missile strike on Ukraine on Tuesday rose to 18, Ukrainian President Volodymyr Zelensky said Wednesday. About 130 more were...

Ukraine Shot Down Aircraft Carrying Prisoners

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The Russian Defense Ministry confirmed Wednesday that Ukraine launched two missiles at the Il-76 military transport aircraft, killing all 74 people on board. “Today at...

Nigeria Bans the Use of Sytrofoam and Single-Use Plastics

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Nigeria’s southwestern state of Lagos and the country’s economic hub has banned the use of styrofoam and single-use plastics to address environmental concerns and...

Over 70 miners feared dead in Mali mine collapse

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More than 70 people were killed in a collapse of a tunnel at a gold mining site in southwest Mali, local media reported Wednesday. The...

Egyptian and Russian Leaders jointly approve of nuclear plant

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Egyptian President Abdel-Fattah al-Sisi and his Russian counterpart Vladimir Putin on Tuesday virtually participated in the foundation-laying ceremony of a new unit of the...

Xi responds to Kenyan students’ representatives

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Chinese President Xi Jinping has replied to a letter from representatives of Kenyan students and alumni at Beijing Jiaotong University, encouraging them to continue...

Eliminating malaria requires high political will and commitment – Dr Kuma-Aboagye

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Director-General of the Ghana Health Service, Dr. Patrick Kuma-Aboagye has emphasized that eliminating malaria requires high political will and commitment. He pointed out that other...

Cement manufacturers urged to publicise recommended retail prices

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The Ministry of Trade and Industry (MoTI) and the Chamber of Cement Manufacturers, Ghana (COCMAG) have reached a consensus to release the recommended distribution...

AFCON 2023: We will give our best against Egypt – Jordan Ayew

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Ghana forward, Jordan Ayew, has assured the players will give out their best performance in Thursday's match against Egypt. The team takes on the Pharaohs...

OIC and IUT Vice Chancellor Talk on international partnerships

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The Vice Chancellor of the Islamic University of Technology (IUT), Prof. Dr. Mohammad Rafiqul Islam called on H. E. Mr. Hissein Ibrahim Taha, OIC...

3 Important Africans Picked for Sudan Peace Board

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The African Union (AU) Commission Chairperson Moussa Faki on Wednesday announced that he has appointed three prominent African personalities as members of the AU...

Chinese Fm scheduled to visit Africa

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At the beginning of 2024, China and Africa are ready to enhance their long-standing friendship by honoring a fine diplomatic tradition for the 34th...

Scores injured in an explosion in Nigeria

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At least two people were killed and scores of others injured in an explosion in a residential area in Nigeria’s southwestern state of Oyo,...

Tottenham and Manchester United fail to come to a complete understanding with Brentford; Spurs’ fourth January exit is all but certain.

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Tottenham left-back Sergio Reguilon is set to join Brentford on loan until the end of the season after the player agreed to the move. The...

Man Utd launch stunning Barcelona raid as Ratcliffe goes big; £68.9m bid tipped to be accepted

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Manchester United have taken the first step towards signing a world class Barcelona star, while a report claims three more huge deals could be...

AI, ICT must play pivotal role in transforming education – Dr Adutwum

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Accra, Jan. 16, GNA - Dr Yaw Osei Adutwum, the Minister of Education, says Artificial Intelligence (AI) and Information Communication and Technology (ICT) must...

CAF concludes extensive global TV-Broadcast agreements

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The Confédération Africaine de Football (“CAF”) announced the conclusion of extensive global broadcast agreements with TV-Broadcasting Rights Holders from Africa, Europe, Asia, South America,...

2024 budget is indeed ‘Nkunim’ budget – Majority Leader.

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The Majority Leader Osei Kyei-Mensah-Bonsu has insisted that 2024 is the ‘Nkunim' (victory) budget. Contributing to a debate on the 2024 budget statement in Parliament on Wednesday,...

MoMo withdrawals to be limited to GH¢1k per transaction from Dec. 1 – Agents.

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Starting on Friday, December 1, Mobile Money (MoMo) agents across Ghana will enforce a temporary measure restricting cash withdrawals to a maximum of GH¢1,000...

We won’t countenance any budget estimate in parliament – Ato Forson.

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The Minority Leader, Cassiel Ato Forson, has reiterated that his group will not budge on their demand for a proper vote on the 2024...

 Majority walks out of Chamber during 2024 Budget approval.

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Mr Osei Kyei-Mensah-Bonsu, the New Patriotic Party (NPP) Parliamentary Majority Leader and Leader of Government Business, Wednesday led his Caucus to walk out of...

477,772 Students Get SHS Placement.

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The Ghana Education Service (GES) has announced that a total of 477,772 students representing 81.56% out of 585,797 qualified candidates have so far been...

Chris Hughton and Kurt Okraku visit Black Queens ahead of crucial WAFCON qualifier.

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Black Stars head coach Chris Hughton and Ghana Football Association (GFA) President Kurt Okraku paid a visit to the Black Queens during their training...

Athletic Bilbao coach laments Inaki Williams’ absence due to AFCON participation.

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Athletic Bilbao coach Ernesto Valverde has expressed concern about the absence of his star striker, Inaki Williams, due to his participation in the 2023...

Women need equal access to financial resources, opportunities – Gender Minister.

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Madam Lariba Zuweira Abudu, Minister for Gender, Children and Social Protection, has called for women to be granted equal access to financial resources, educational...

Speaker vs Ursula: Blow-by-blow account of war of words in Parliament.

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The Speaker of Parliament, Alban Bagbin, and Communications Minister Ursula Owusu-Ekuful on Tuesday crossed swords during the sitting of Parliament as the two engaged...

Emerging technologies in A.I will make agriculture conform to the 4th Industrial Revolution – Bawumia.

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The Vice President Dr Mahamudu Bawumia on Tuesday, 28 November, 2023, commissioned the Siriboe Institute of Agribusiness and Skills Development. The institute is located at Juaben in the Ashanti Region, established...

Ghanaians underpay for passport services – Dep. Foreign Affairs Minister.

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Mr Kwaku Ampratwum-Sarpong, a Deputy Minister of Foreign Affairs and Regional Integration, says Ghanaians are underpaying for passport services compared to other countries in...

NDC disqualifies Michael Yarboi from contesting Odododiodioo parliamentary primary.

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The Functional Executive Committee (FEC) of the National Democratic Congress, has disqualified Michael Nii Yarboi from contesting in the Parliamentary elections in the Odododiodioo...

New price increases will help us sustain our business – MTN Ghana.

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Telecommunications giant MTN Ghana has justified increasing the prices of its offerings by 15% for prepaid and postpaid customers. The price increase, which took effect...

“We’ve lost a unique person”- Dynamo Dresden pay tribute to Agyemang Diawusie.

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German club Dynamo Dresden have paid tributes to Ghanaian winger Agyemang Diawusie following his death.  The Jahn Regensburg winger passed away on Tuesday, November 28,...

Impala Platinum mine accident in South Africa kills 11.

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An accident at a platinum mine in South Africa has killed 11 workers and injured 75, the mine's operator says. Impala Platinum chief executive Nico...

School placement for 2023 BECE graduates out, know where to check your school.

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The senior high school (SHS) placement for junior high school (JHS) students, who wrote the 2023 Basic Education Certificate Examination (BECE) has been released...

Presidency Responds To Speaker’s Bill Assent Comments.

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President Akufo-Addo has had cause to shoot claims by the Speaker of Parliament, Alban Sumana Bagbin which sought to suggest he has refused to...

Ghana Card For Car Purchase Soon – Bawumia.

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Vice President Dr. Mahamudu Bawumia has hinted that Ghanaians will soon buy cars on credit using Ghana Card, with Solar Taxi company agreeing to roll...

Stephen Appiah champions Ghana’s quest for AFCON glory after decades in the wilderness.

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Former Ghana captain Stephen Appiah is brimming with optimism regarding the Black Stars' prospects in the upcoming 2023 Africa Cup of Nations (AFCON) in...

Take advantage of Ghana Card to widen tax net – Bawumia admonishes GRA.

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The Vice-President, Dr Mahamudu Buwumia, has appealed to the Ghana Revenue Authority (GRA) to consider the Ghana Card as the basis of data and...

Galamsey, sudden rise of kidney failures.

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Mercury exposure has been a public health concern to most residents living in galamsey-prone areas in Ghana. Galamsey (illegal small-scale mining) often involves the use...

Social media debates Top 10 Ghanaian gospel artistes of all time.

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In a social media debate today, netizens have been discussing the top 10 Ghanaian gospel artists of all time. The discussion, sparked by a user...

Bono Region records 844 new HIV infections.

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The Bono, Bono East and Ahafo Regional Technical Coordinator of the Ghana AIDS Commission (GAC), Mr Ahmed Ibrahim Bimbilla, has disclosed a record of...

Bank of Ghana maintains policy rate at 30%.

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The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 30 percent. Governor of the Bank of Ghana Dr Ernest Addison, while addressing the 115th MPC...

Gov’t announces road closure in Accra ahead of Farmers Day celebration.

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The Ministry of Food and Agriculture has announced the closure of roads linked to the Ministerial enclave in Accra ahead of the annual National...

Moderator urges Christians to model Jesus Christ to the world.

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The Right Reverend Dr Lieutenant Colonel Retired BDK Agbeko, Moderator of the General Assembly, Evangelical Presbyterian Church (EPCG), has urged Christians to live their...

NPP Condemns NDC Open Display Of Weapons.

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The ruling New Patriotic Party, NPP branch in the United Kingdom hascondemned the action of displaying weapons at the residence of former President John...

Kudus secures Man of the Match honours in dynamic display for West Ham at Burnley.

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In a captivating display, Ghanaian midfielder Mohammed Kudus claimed the Man of the Match accolade for his instrumental role in West Ham United's comeback...

I know times have been bad but our economy is rebounding; we’re turning the corner – Akufo-Addo.

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It is clear that Ghana's economy is rebounding, President Nana Addo Dankwa Akufo-Addo has said. He stated that the government is turning back the corner to growth and development. Mr...

‘I’m pretty calm after seeing the images again’ – Andre Ayew remains positive despite red card setback.

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Ghana captain Andre Ayew has spoken out about the controversial red card incident that marred his debut for French Ligue 1 side Le Havre...

Cedi loses 25.8% of value to dollar – BoG report.

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The November 2023 Summary of Economic and Financial Data by the Bank of Ghana has put the depreciation of Ghana’s currency – the cedi...

We’re already experiencing 24 hour economy – Majority MPs tells NDC.

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The Majority Caucus in Parliament has questioned the National Democratic Congress’ (NDC) pledge to introduce a 24-hour economy in 2024, arguing that aspects of...

My Running Mate Is A Man – Mahama.

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John Dramani Mahama, the National Democratic Congress (NDC) flagbearer, has given the strongest indication of who his running mate will be ahead of the...

Pharmacy Council shuts down over 100 pharmacies.

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The Pharmacy Council has shut down over 100 pharmaceutical shops in Ghana between September and November for operating illegally and prescribing the wrong medications. The...

Ghana’s imports surge in first half of 2023 – GSS.

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Ghana imported from 47 more countries than it exported to in the first half of 2023, according to the latest report by the Ghana...

Drop Naana – NDC Caucus Tells Mahama.

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The Northern Caucus of the opposition National Democratic Congress (NDC) has rejected any attempt to select Prof. Jane Naana Opoku-Agyemang as the 2024 running...

Ghana announces visa-on-arrival from December 1 to January 14.

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Government through the Transport Ministry has announced the reintroduction of the visa-on-arrival for passengers to Ghana during this festive season. The decision, according to the...

My running mate will be selected in 2024 – Mahama.

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The National Democratic Congress (NDC) flagbearer, John Dramani Mahama, has given the strongest indication of who his running mate will be ahead of the...

Manchester United star Harry Maguire accepts apology from Ghanaian MP over past ridicule.

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Manchester United defender Harry Maguire has graciously accepted an apology from Ghanaian MP Isaac Adongo, who ridiculed him almost a year ago. Adongo, a member...
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