Monday, March 3, 2025

Business

“Gold Coin Prices Decrease as Cedi Strengthens”

The Bank of Ghana’s gold coin, available in three variants—a one-ounce coin, a half-ounce coin, and a quarter-ounce coin have witnessed a price drop on December 9, 2024. The coins are priced at GH₵41, 001, GH₵20,905, and GH₵10,887 respectively, reflecting...

Regulatory Delays and Market Pressures Lead Atlantic Lithium to Slash Jobs.

Atlantic Lithium Limited has embarked on some significant employee headcount slash, citing delays in the ratification of its Ewoyaa Mining Lease and declining lithium prices. This move it noted was necessary as the company reallocates resources to critical activities to...

Traders reject plan to close Kejetia market on December 7.

Traders at the Kejetia Market in Kumasi have rejected a proposal to close its doors on election day, December 7, 2024, arguing that the closure will severely impact their livelihoods, particularly in the current challenging economic climate. The rejection comes...

“Fuel Prices Soar: Diesel Set at GH₵15.72, Petrol Climbs to GH₵14.99 per Litre.”

Some Oil Marketing Companies have started marginally increasing fuel prices following the commencement of the first pricing window in December. Shell has already taken the lead by increasing the prices of both petrol and diesel. A litre of petrol, which previously...

“Parliamentary Dispute Delays Ghana’s Access to $300 Million World Bank Loan.”

The government has admitted that the parliamentary impasse has stalled the disbursement of $300 million in World Bank funding for Ghana. This amount is part of a larger financial support package from the World Bank aimed at stabilising the economy,...

“IMF Approves $360 Million in Loan for Ghana”

The International Monetary Fund (IMF) Executive Board has approved the third review of Ghana's 36-month Extended Credit Facility (ECF), paving the way for an immediate disbursement of approximately $360 million. In a statement released on December 2, the IMF lauded...

“Hackers, Allegedly with Insider Help, Steal $16 Million from Ugandan Central Bank”.

Uganda’s central bank has fallen victim to a massive cyber theft, with hackers reportedly siphoning off 62 billion Ugandan shillings ($16.8 million).  Authorities suspect insider collusion in the high-profile breach, which has raised serious concerns about the nation’s banking security...

“New Direct Flight Route Between London Gatwick and Kumasi Prempeh I International Airport Lauched.”

The Ghana Airports Company Limited (GACL), in collaboration with Ethiopian Airlines, has announced the launch of direct flights between London Gatwick Airport and Kumasi Prempeh I International Airport (PIA).  This new service, set to commence on December 3, 2024, represents...

One-Month Suspension of Nuri Meter Top-Ups for Customers-ECG Announces.

The Electricity Company of Ghana (ECG) has said customers using the Nuri prepayment meters no longer need to purchase power to last for a full month, as was earlier communicated.  That, it said, was because the token identifier (TID) rollover...

We awarded scholarships to all special needs students in 2023 – GETFund.

The Ghana Education Trust Fund (GETFund) has announced that it awarded scholarships to all special needs students who applied for financial support in tertiary institutions in 2023. The issue of scholarships for persons with disabilities (PWDs) has gained significant attention...
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Latest News

Suspect Arrested for Damaging Vehicles at Parliament, Identity Unknown.

An unidentified man has been arrested for allegedly vandalizing vehicles on the premises of Ghana’s Parliament today in Accra.  Reports...
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