Thursday, November 21, 2024
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BUSINESS

Business

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

Editor -
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 Committee (MPC) of Bank of Ghana is presently meeting to review developments in the Ghanaian...
Business

IMF expects revenue to underperform target and expenditure to overshoot target

Editor -
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 target by a similar margin. The Fund is forecasting a budget deficit of 5.0% for Ghana...
Business

Excessive heat causes outages (ECG).

Editor -
The Electricity Company of Ghana (ECG) has explained that the excessive heat waves being experienced in some parts of the country were impacting their efficient service of power supply. It said due to the high ambient temperature at this time...
Business

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 and retail prices for different grades of cement within their designated distribution zones. There was a...
Business

Airlines cancel or delay flights to Israel as fighting continues.

Editor -
Major airlines around the world have cancelled flights to Israel or warned of travel disruption as the security situation deteriorates. Three US carriers, as well as Air France, Lufthansa and Emirates, have suspended services to Tel Aviv. Virgin Atlantic warned of...
Business

Oil prices rise following Hamas attack on Israel.

Editor -
Oil prices have jumped on concerns that the situation in Israel and Gaza could disrupt output from the Middle East. Brent crude, the international benchmark, climbed by $2.25 a barrel to $86.83, while US prices also rose. Israel and Palestinian territories...
Business

Tema Oil Refinery Board rejects staff allegations.

Editor -
The Board of Directors of the Tema Oil Refinery (TOR) has rejected allegations levelled against it by the refinery’s staff. In a statement issued by the Board in response to the call by the General Transport, Petroleum, and Chemical Workers...
BUSINESS

Ghana’s Economy Experiencing Turnaround – IMF.

Editor -
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

How the Bank of Ghana lost $5bn in one year – BBC Report.

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Ghana - once touted as a trailblazing African economic success story - is facing an unprecedented financial crisis. This week, hundreds of protestors took to the streets in the capital Accra, calling on the governor of the Bank of Ghana...
Business

Ghana CEOs Awards: MTN and MTN MoMo win big.

Editor -
The Chief Executive Officer of MTN Ghana, Selorm Adadevoh, has been adjudged CEO of the Year – Telecom at the 2nd edition of the Ghana CEO Vision and Awards held in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year...
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Titus Glover dismantles structures of vendors at Flower Pot Interchange.

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The Greater Accra Regional Minister, Daniel Nii Kwartei Titus Glover, has taken decisive action against vendors operating illegally around the recently inaugurated Flower Pot...

GRA intercepts 40-Foot container of ammunition at Tema Port.

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The Customs Division of the Ghana Revenue Authority has seized 53 pistols , 65 pieces of live ammunition, 74 magazines, and a PC hoster...

Akufo-Addo commissions new Bank of Ghana Headquarters.

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President Nana Addo Dankwa Akufo-Addo has commissioned the new state-of-the-art headquarters of the Bank of Ghana (BoG) in Accra, marking a significant milestone in...

AFCON 2025: A win-win for Sudan.

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Former Black Stars head coach and 1982 AFCON winner with Ghana, James Kwasi Appiah, has led Sudan to qualify to the 2025 AFCON as...

Akuffo-Addo officially appoints Herbert Krapa as permanent Energy Minister.

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I Survived Two Terrifying Accidents This Year – Nana Ama McBrown.

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Perez Musik is getting married.

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Kwahumanhene destooled for misconduct – Kwahumanhemaa confirms.

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The Kwahu Traditional Council has destooled Daasebre Akuamoah Agyepong II from his position as Kwahumanhene, citing reasons of misconduct. The decision to destool Daasebre Akuamoah...

‘My mother is still trapped after Tanzania building collapse’

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A man in Tanzania's biggest city, Dar es Salaam, has told the BBC he is waiting to hear news of his mother, who remains...

For insulting Uganda’s president, TikToker jailed for 32 months.

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A 21-year-old has become the latest Ugandan TikToker to be sent to prison after creating a video that was said to insult President Yoweri...

This is Ghana’s worst spell in football, take heart and resign- Veronica Commey to GFA President.

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A seasoned sports journalist, Veronica Commey, has called for the resignation of the Ghana Football Association (GFA) President, Kurt Okraku, following the Black Stars’...

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New Force is not a political party, it’s a movement to develop Ghana – Cheddar.

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The Founder and Leader of the New Force Movement, Nana Kwame Bediako, says his organisation is not a political party, but a movement he established...

NFA honours young writers under its Script Bank project.

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Naa Kwaamah Siaw-Marfo writes: Kurt Okraku’s Leadership Under Scrutiny Amid Ghana Football’s Struggles.

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Ghana missed out on Afcon for the first time in two decades.

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Ghana has failed to qualify for Afcon 2025 after a 1 – 1 draw against Angola with a game to spare in the qualifiers. Despite...

Tap Ghana’s strategic potential for economic growth – Kufuor urges U.S. investors.

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Members of 8th Parliament lack “mental capacity” – Kofi Koranteng.

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UBA Ghana launches 10th anniversary of National Essay Competition.

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