Category: News
-
Fiifi Kwetey represents Mahama at Nebraska-Ghana trade and investment forum
The much talked about Nebraska-Ghana trade and investment conference and agriculture program, coming up 11th to 14th September 2023, continues to assert its relevance through the quality of Ghanaians it is attracting to its forum. One of such dignitaries is no other than Ghana’s astute politician, Hon Fiifi Kwetey, who has been confirmed will be…
-
Guinness Ghana delivers best year performance despite economic challenges
Leading beverage company, Guinness Ghana, has posted its strongest performance in a financial year since it was set up, 63 years ago. Speaking to investors during the Facts Behind the Figures event organised in conjunction with the Ghana Stock Exchange, Managing Director, Helene Weesie stressed that factors such as inflation, consistent input costs increase, and…
-
Menzgold customers appeal to Akufo-Addo for financial bailout
The Coalition of Aggrieved Customers of Menzgold (CACM) has appealed to President Nana Akufo-Addo to provide them with a financial bailout as they await the court hearing of the chief executive officer of the defunct gold trading company, Nana Appiah Mensah, on September 19, 2023. The group has already revealed its intention to hold a…
-
GRA worried over use of false documents in evading customs duties
The Ghana Revenue Authority (GRA) has deplored the increasing use of fake trade documents by some importers for declaring goods at the ports. The Authority explains that trend by these importers is part of efforts to evade customs duties and taxes. This follows an intelligence in February 2023 on some two companies and importers that…
-
Treasury bill auction records 13.21% oversubscription; interest rate increases to 31.97 %
The government surpassed its auction target last week as the market continued to experience sufficient liquidity. Treasury bill sales recorded 13.21 percent oversubscription of its target of GHS 2,601 billion. According to figures from the Bank of Ghana, investors presented GHS 2.94 billion as against government’s target of GHS 2.60 billion A chunk of the…
-
Mobile Money Advocacy Group commemorates inaugural MOMAG month
The Mobile Money Advocacy Group Ghana (MoMAG) celebrated the inaugural MoMAG Month with a grand event held on Sunday, marking a significant milestone in the association’s history. MoMAG Month, dedicated to the month of September each year, has become a permanent fixture on the association’s calendar, aimed at recognizing and celebrating the remarkable achievements and…
-
Bag of cocoa beans to sell at GH¢1,308 in new season
President Nana Addo Dankwa Akufo-Addo has announced a 63.6% upward adjustment of the farm gate price of cocoa beans from GH₵800 to GH₵1,308 per bag for the new cocoa season. According to the president, the increment is the highest in West Africa in the last 15 years. The president made this announcement at Tepa in…
-
2022 Best National Farmer to commission Agribusiness School
The 2022 Best National Farmer, Oheneba Nana Yaw Sarpong Siriboe I, who is also the Akyimpimhene of the Juaben Traditional Area in the Ashanti Region, is set to establish an agribusiness school on his farm in the Ashanti Region. The establishment of the school is part of his efforts to reposition the role of youth…
-
Ernest Owusu-Bempah adjudged corporate communications personality of the year
Ernest Owusu-Bempah Bonsu, Head of Corporate Communications for the Ghana National Gas Company (GNGC), has been honored as the ‘Corporate Communications Personality of the Year at the prestigious Ghana Corporate Brands Award held at the Movenpick Ambassador Hotel in Accra, This recognition reflects his outstanding dedication to improving communication between GNGC and the public. This…
-
Economist questions ECOWAS member states’ commitment to ECO currency rollout
Professor of Finance at the University of Ghana Business School (UGBS), Professor Godfred Bokpin, has questioned the commitment of ECOWAS member states to implementing the ECO currency. Recently, a technical committee reported that member states failed to meet the criteria for ECO’s introduction, which encompassed maintaining a single-digit inflation rate annually, limiting the fiscal deficit…