Business News

Cedi depreciation: How $1 reached GH₵15

The Minority has voiced concerns that the current issues plaguing the Ghanaian cedi are far from being resolved, warning that the situation is likely...

KMA accuses Fidelity Bank of violating the loan agreement

David Abbam Adjei, the Finance Director for the Kumasi Metropolitan Assembly (KMA), has accused Fidelity Bank of breaching their loan agreement terms. This accusation arises...

29-year-old Ghanaian artist attempts longest painting marathon

Mubarikatu Issaka, a resident of Akwatia in the Eastern region, is attempting to break the longest individual painting marathon at the Xtreme pub in...

Western GPRTU suspends fare increase

The Western regional division of the Ghana Private Road Transport Union (GPRTU) has halted a planned increase in transportation fares in the area. This decision...

GPRTU cautions against fare increments amidst hike in petroleum products

The Ghana Private Road Transport Union (GPRTU) has instructed its members to abstain from raising transport fares until a meeting is convened to evaluate...

Court orders OSP to return Cecilia Dapaah’s seized assets

An Accra High Court has issued a directive for the Office of the Special Prosecutor (OSP) to return all funds confiscated from the embattled...

IMF boss arrives in Ghana; will meet Akufo-Addo, Finance Minister, BoG Governor, others

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has arrived in Ghana for her inaugural official visit to the country. Accompanying...

NCA gives update on internet interruption

The National Communications Authority (NCA) has announced that the four subsea cables connecting Ghana to Europe via Cote d’Ivoire and Senegal remain inactive. In...

We are keeping a close eye on Ghana – IMF on passage of anti-LGBTQ+ Bill

The International Monetary Fund (IMF) is closely monitoring developments in Ghana following the approval of the Proper Human Sexual Rights and Family Values Bill...

TOR Board Chairman, David Adomako resigns

David Adomako, the Chairman of the Board at Tema Oil Refinery (TOR), has submitted his resignation from the board. In his letter addressed to the...

OSP refers Cecilia Dapaah’s case to EOCO

The Office of the Special Prosecutor (OSP) has referred the case involving embattled former Sanitation Minister, Cecilia Dapaah to the Economic and Organised Crime...

IMF approves second $600m for immediate disbursement to Ghana

The International Monetary Fund (IMF) has approved the second tranche of US$600 million for Ghana. This was contained in a statement issued by the IMF...

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