Business
Ghana’s Energy Sector in crisis, faces GHS34bn deficit – Mahama
February 28, 2025
Ghana’s Energy Sector in crisis, faces GHS34bn deficit – Mahama
President John Dramani Mahama has highlighted the severe financial challenges facing Ghana’s energy sector. Delivering the State of the Nation…
IMF Open To Renegotiating Ghana’s $3bn Deal With Mahama’s Administration
December 13, 2024
IMF Open To Renegotiating Ghana’s $3bn Deal With Mahama’s Administration
In a significant development, the International Monetary Fund (IMF) has expressed its willingness to renegotiate Ghana’s $3 billion financing program…
Ghana set to raise cocoa farmgate price by nearly 45%, sources say
September 3, 2024
Ghana set to raise cocoa farmgate price by nearly 45%, sources say
Ghana will increase the state-guaranteed price paid to its cocoa farmers by nearly 45% for the 2024/25 crop season, two…
Petroleum Hub Project to create jobs, stabilise Cedi & contribute significantly to Ghana’s economic growth – Akufo-Addo
August 20, 2024
Petroleum Hub Project to create jobs, stabilise Cedi & contribute significantly to Ghana’s economic growth – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has highlighted the benefits that Ghana will derive from the Petroleum Hub initiative. On Monday,…
Ghana’s economy on path to stability – Amin Adam
April 22, 2024
Ghana’s economy on path to stability – Amin Adam
Dr Mohammed Amin Adam, the Minister of Finance, has stated that Ghana’s economy is heading towards stabilisation. He attributes this…
Nana Addo sacks SSNIT boss
April 10, 2024
Nana Addo sacks SSNIT boss
President Nana Addo Dankwa Akufo-Addo has relieved Dr. John Ofori Tenkorang of his duties as Director-General of the Social Security…
MTN records GHC4 billion profit in 2023
March 3, 2024
MTN records GHC4 billion profit in 2023
Despite a challenging economic environment in Ghana marked by high inflation and currency depreciation, Scancom PLC, known as MTN Ghana, reported…
Gov’t Scraps Tax on Sanitary Pads, Boosting Economic Growth
November 16, 2023
Gov’t Scraps Tax on Sanitary Pads, Boosting Economic Growth
In a move aimed at promoting women’s health and empowering women, the government has announced the elimination of taxes on…
Inflation rate for August 2023 drops to 40.1%
September 13, 2023
Inflation rate for August 2023 drops to 40.1%
The year-on-year inflation rate for August 2023 was 40.1%, the Ghana Statistical Service (GSS) has announced. This means that in the month…
MTN increases MoMo transaction limits
January 6, 2023
MTN increases MoMo transaction limits
The wallet transaction limit increase will encourage more digital payments, more efficient payments, and a smoother transition to a society…