Court overturns BoG’s revocation of Ideal Finance’s Licence

The High Court (Human Rights Division) has quashed the Bank of Ghana’s (BoG) revocation of the operating licence of Ideal Finance Limited. The ruling, which was delivered on Monday, March…

‘Monetary policy alone won’t save Ghana, fiscal discipline must lead’, says Dr Ishmael Yamson

Renowned business leader and economist, Dr. Ishmael Yamson, has cautioned that economic recovery cannot rely on monetary policy alone, stressing that fiscal discipline must be the top priority of the…

NDC gov’t buying time to cover up its incompetence in managing the economy – Minority

The Minority caucus in Parliament has accused the National Democratic Congress (NDC) government of attempting to buy time to cover up its incompetence in managing the country’s economy. Speaking at…

BoG Governor suspends Gold-for-Oil programme

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has announced the suspension of the country’s Gold-for-Oil programme due to unspecified policy and operational challenges. The decision marks…

Power sector challenges deepen as Early Power threatens to cut supply over ECG’s $48.2m debt

Ghana’s power sector is facing renewed challenges as Early Power has threatened to cut its electricity supply due to the Electricity Company of Ghana’s (ECG) failure to settle an outstanding…

Business Icon Asoma Banda Passes On: A Legacy of Entrepreneurship and Vision

Alhaji Asoma Banda, a renowned Ghanaian businessman and icon, has sadly passed away, leaving a significant void in the business community. He was a trailblazer in several industries, including shipping…

Parliament summons BoG Governor on March 5 to address new HQ concerns

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, is set to appear before Parliament on Wednesday, 5th March, 2025, to address concerns surrounding the construction of the…

WAPCo successfully completes maintenance and resumes gas transportation

The West African Gas Pipeline Company (WAPCo) has announced the successful and safe completion of essential pipeline maintenance activities, marking the resumption of gas transportation services across Ghana, Togo, and…

Access Bank (Ghana) Plc

Access Bank (Ghana) Plc is a notable player in Ghana’s financial sector, offering a wide range of banking services to individuals, businesses, and corporate clients. As a subsidiary of Access…

ABSA Bank Ghana Limited

Absa Bank Ghana Limited stands as a prominent financial institution in Ghana, offering a comprehensive suite of banking services tailored to meet the diverse needs of individuals, businesses, and corporations.…

ECG is not for sale – John Jinapor

In response to recent reports suggesting the potential sale of the Electricity Company of Ghana (ECG), John Abdulai Jinapor, the Minister of Energy and Green Transition, has firmly refuted these…

Sam Jonah says UT Bank collapse is economic injustice

Renowned businessman and Executive Chairman of Jonah Capital, Sir Sam Jonah, has strongly criticized the closure of UT Bank, describing it as a significant act of economic injustice that has…

Payment to DDEP Bondholders: Mahama has proven to be law-abiding – Sophia Akuffo

Former Chief Justice Sophia Akuffo has praised President John Dramani Mahama for fulfilling the government’s obligation to bondholders by paying the money owed to them. She believes that the president’s…

I’m officially an NDC member – Michael Blackson celebrates over Eurobond settlement

Ghanaian-American comedian and philanthropist Michael Blackson has officially declared his membership with the National Democratic Congress (NDC) following the government’s recent settlement of Domestic Debt Exchange Programme (DDEP) coupons totaling…

Cedi continues strong performance against dollar, one dollar equals GH¢15.75

The Ghana cedi continued its strong performance against the US dollar in the retail market yesterday February 17, 2025, after a week of mixed performance against the major foreign currencies.…

DDEP: Finance Ministry pays GH₵6bn to bondholders

President John Mahama has directed the Ministry of Finance to settle outstanding Domestic Debt Exchange Programme (DDEP) coupons and build a financial buffer through the Sinking Fund. In line with…

Karpowership in talks with gov’t over $379m unpaid debt

Karpowership Ghana is currently discussing with the government to address accumulated debt, stating that the non-payment of invoices is affecting its operations. Speaking in an interview, Sandra Amarquaye, Communication Manager…

Dumsor looms as Karpowership threatens shutdown over $370m debt

Ghana faces an imminent power crisis as Karpowership, the operator of a floating power plant at Aboadze in the Western Region, has threatened to halt operations.Their decision stems from a…

ECG’s finances: Revenue underreporting and more

The Electricity Company (ECG) has come under scrutiny after an audit by PwC exposed major financial irregularities. The report reveals that ECG under-declared its revenue to the regulator (PURC), failed…

‘Rushing back to capital markets could be costly’ – World Bank warns Ghana

World Bank Country Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, has cautioned Ghana against making a premature return to international capital markets, warning that such a move could…