‘Gold Fields Ghana took profits to Chile and Canada’ – Deputy Minerals Commission boss

The Minerals Commission Deputy CEO has assessed Gold Fields’ exit from the Damang mine, accusing the South African mining giant of reaping massive profits from Ghana and reinvesting them abroad.…

Weija-Gbawe residents demand urgent action from ECG over persistent power outages

Residents of the Weija-Gbawe Constituency in the Greater Accra region have called on the Electricity Company of Ghana (ECG), the Ghana Grid Company Limited (GRIDCo), and the Ministry of Energy…

Three Ada East Island communities get electricity for the first time

Three island communities in the Ada East District namely Azizakpe, Alorkem, and Aflive have received electricity for the first time following the commissioning of mini-grid electrification projects funded by the…

GRA cracks down on E-Levy compliance: Strict monitoring and record-keeping mandated

The Ghana Revenue Authority (GRA) has issued a stern directive to all financial institutions and electronic money operators, emphasizing strict compliance monitoring and record-keeping after the abolition of the 1%…

‘All deducted E-Levy must be refunded immediately’ – GRA warns charging entities

The Ghana Revenue Authority (GRA) has ordered all financial institutions, mobile money operators, and other charging entities to immediately refund any E-Levy deductions made on transactions from April 2, 2025,…

Mahama assents to Bills abolishing e-levy, betting tax and others

President John Mahama has fulfilled a key campaign promise by assenting to a set of bills that abolish the betting tax, e-Levy, and emissions tax, among others. The signing, which…

Energy minister exposes massive GH¢7.3bn procurement breaches at ECG in 2023

Energy Minister John Jinapor has revealed shocking financial mismanagement at the Electricity Company of Ghana (ECG), exposing a pattern of massive overspending that has drained the company’s resources. According to…

FIC freezes accounts of businessman, Richard Nii Armah Quaye

The Financial Intelligence Centre (FIC) has frozen financial accounts of Bills Micro-Credit, Quick Credit and Investment Micro-Credit – all belonging to business mogul Richard Nii Armah Quaye. In addition, the…

Over 1,300 ECG containers missing at Tema Port – Investigative report

An investigative report on the Electricity Company of Ghana (ECG) has revealed that more than 1,300 containers, which were supposed to be cleared at the Tema Port, cannot be accounted…

Interior Minister calls for 24-Hour Police unit to support 24-Hour Economy

The Minister for the Interior, Mohammed Muntaka Mubarak, has highlighted the urgent need for the Ghana Police Service to establish a dedicated 24-hour policing unit to support the government’s 24-hour…

Policy directives shouldn’t leave banks scrambling for clarity – GAB boss to BoG

The President of the Ghana Association of Banks (GAB), Kwamina Asomaning, has called for greater dialogue between the banking sector and the Bank of Ghana (BoG) to prevent policy missteps.…

Acting Deputy ECG MD’s ‘inadvertent’ appointment withdrawn

The Energy Minister, John Jinapor has issued a clarification regarding the appointment of John Ayiku Ocansey as the Acting Deputy Managing Director. In a press statement issued on Saturday, March…

BoG cautions: MTN MoMo not authorised for cross-border transfers to Nigeria

The Bank of Ghana (BoG) has clarified that MTN Ghana has not been granted a licence to facilitate cross-border transactions with MTN Nigeria. The Central Bank emphasised that MobileMoney Limited,…

Finance Minister urges Parliament to support 2025 budget estimates

Finance Minister, Dr Cassiel Ato Forson has urged Parliament to fully support the government’s 2025 budget estimates, highlighting key revenue and expenditure measures designed to drive economic growth and support…

Review of Fiscal Responsibility Act is a laudable step – Dr Priscilla Baffour

Dr Priscilla Twumasi-Baffour, an economist and senior lecturer at the University of Ghana Business School, has commended the government for its decision to review the Fiscal Responsibility Act, describing it…

Ato Forson introduces bills to remove E-Levy, Emissions Levy, and Betting Tax

On March 13, 2025, Finance Minister Dr. Cassiel Ato Forson presented three significant bills to Parliament, aiming to repeal certain taxes that have been subjects of public debate. The proposed…

ECG blames Thursday’s power outage on heavy rainstorm

The Electricity Company of Ghana (ECG) has explained that the power outage experienced in various parts of the country, particularly in the Greater Accra Region, on Thursday, March 13, was…

NPP government handed a strong and healthy economy to NDC – Minority

Former Finance Minister and Ranking Member of Parliament’s Finance Committee, Dr Mohammed Amin Adam, has insisted that the New Patriotic Party (NPP) administration left behind a robust and stable economy…

Only 3 SOEs paid dividends in 2024 – Finance Minister Ato Forson

The number of State-Owned Enterprises (SOEs) contributing dividends to Ghana’s economy remains alarmingly low, with only three SOEs making payments in 2024. This was revealed by Finance Minister Dr. Cassiel…

Finance minister to present bill under certificate of urgency to abolish betting tax and E-Levy

Accra, Ghana – The Finance Minister, Dr. Cassiel Ato Forson, is set to present a bill before Parliament under a certificate of urgency to abolish the Electronic Transfer Levy (E-Levy)…