John Dramani Mahama, the flagbearer for the opposition National Democratic Congress (NDC), has promised to address unfulfilled financial commitments made by the government to investors if elected into office.
Speaking at the Foreign Direct Investmen…
The Youth Employment Agency (YEA) is set to introduce an innovative Electric Taxi Programme aimed at offering an alternative livelihood for interested Okada riders and other youth in the country.
The initiative seeks to transition riders from motorc…
Ghana’s central government debt has risen to GHS761.1 billion (US$51.1 billion) as of July 31, 2024, reflecting a significant increase from the previous figure of GHS587.7 billion (US$53.5 billion).
This is according to Finance Minister Dr. Mohammed…
With the current economic challenges in the country, one of the hardest things to do is saving. Not only is putting money aside prudent, but maximising those savings is crucial for setting financial stability goals.
In 2022, Ghana’s inflation surged…
Agriculture minister Bryan Acheampong has blamed the country’s chronic drought situation on climate change, emphasizing that the root cause is not irrigation but altering weather patterns.
Speaking with Joy News’ PM Express Business Edition, he cla…
Minister of Food and Agriculture, Dr. Bryan Achaempong, has announced that major cocoa processors, rather than banks, will be the primary sources of funding to address any shortfalls Ghana Cocoa Board (Cocobod) may face ahead of the 2024/2025 season….
The Member of Parliament (MP) for North Tongu, Samuel Okudzeto Ablakwa, has raised concerns about the transfer of $20 million to the Bank of Ghana without what he describes as consistent documentation.
In a post shared on X on Tuesday, August 27, 20…
The Director General of Ghana Ports and Harbours Authority, Michael Achagwe Luguje, has reiterated the Authority’s commitment in offering port facilities and ensuring that cargo and ships are handled in the most effective and efficient manner.
Mr. L…
IC Securities has projected the rate of inflation to jump to 21.8% in August 2024.
‘Although the sharper-than-expected deceleration in the July 2024 annual inflation significantly eases our concerns, we remain convinced that the August print will wi…
The First Deputy Governor of the Bank of Ghana (BoG), Dr. Maxwell Opoku-Afari, has highlighted the critical importance of the Ghana International Bank (GHIB) in Ghana and Africa, describing the financial institution as a strategic asset.
Speaking as…
The cedi (GHS) experienced a decline against major trading currencies last week as foreign exchange (FX) liquidity remained tight in view of high demand, according to recent investor updates from Databank and Constant Capital.
The local currency’s d…
At the opening of the 2024 Sustainability Summit, Dr. Godwin Acquaye, CEO of Business and Financial Times (BandFT), emphasised the critical need to balance economic growth with environmental preservation.
Addressing industry leaders, Dr. Acquaye und…
The Electricity Company of Ghana (ECG) has initiated a major project to replace outdated and malfunctioning electricity meters in the Accra East region with advanced Smart MMS-compliant prepaid meters.
This initiative is part of ECG’s broader strate…
The Ministry of Finance has requested the approval of GHS500 million from the Contingency Fund to deal with the ongoing drought in the northern parts of the country.
The Minister for Finance, Dr. Mohammed Amin Adam, in a letter addressed to the Chai…
Former IBF bantamweight champion, Joseph King Kong Agbeko, now known as Torgbui Kaletor II, has launched “Fight Night,” a programme under the Joseph Agbeko Foundation to support juvenile and amateur boxers in the country.
The event, which will featu…
