January 16th, 2020

BoG urges Police to help identify hidden unlicensed financial institutions

The Bank of Ghana (BoG) on Wednesday called on the Police Service to help it to identify hidden and unlicensed financial institutions that might be […]
January 16th, 2020

Ghana gets 250 million Euros to upgrade electricity transmission infrastructure

The German Government has given Ghana 250 million Euros to upgrade and expand the country’s electricity transmission infrastructure. The arrangement evolves from Germany’s Compact with […]
January 15th, 2020

Banks face cyber security attacks from silent hackers

Some major banks across sub-Saharan Africa (SSA) face cybersecurity attacks. According to Kaspersky security researchers, there are thousands of notifications of attacks on major banks […]
January 15th, 2020

Approval for SSNIT pension reforms expected shortly

Discussions and consultations concerning a proposal put forward by the external Actuaries on the Social Security and National Insurance Trust (SSNIT) scheme who recommended a […]
January 15th, 2020

BoG speaks on UT Bank founder, Kofi Amoabeng, Beige Bank CEO, Mike Nyinaku’s arrest

The Bank of Ghana, BoG says they are hopeful that the prosecution of UT Bank founder, Kofi Amoabeng and Beige Bank CEO, Mike Nyinaku will […]
January 15th, 2020

Daily Statesman Survey: The top ten best-performing CEOs in Ghana in 2019

Assessing the performance of any top executive usually begins with his or her unit’s financial and operating metrics and progress made against strategy. But the […]
January 14th, 2020

UT Bank collapse: Kofi Amoabeng arrested

Prince Kofi Amoabeng, founder of the now-defunct UT Bank, has been arrested over the collapse of the bank. He is said to have been picked […]
January 14th, 2020

Mortar and pestle manufacturers threatened by fufu processing machines

If there’s anything that changes the world faster and threatens to alter the traditional ways many things are done, then it is technology. Mortar and […]
January 14th, 2020

Cocoa farmers urged to patronise PBC’s services to enjoy pension

Cocoa farmers have been encouraged to patronise the services of the Produce Buying Company (PBC) to benefit from the new pension scheme instituted by the […]
January 14th, 2020

Ghana is a very good place to invest — Dangote

Africa’s richest person Aliko Dangote has singled out Ghana among a list of countries on the continent where investments yield the right returns. The business […]
January 14th, 2020

IMF urges government to introduce more taxes to plug revenue shortfall

The International Monetary Fund (IMF) has stated that the government must reinstate some abolished taxes and expand some existing ones in other to meet its […]
January 14th, 2020

Government borrowed GH¢4.2bn in December 2019

The Government of Ghana borrowed GH¢4.2 billion in notes and bonds in December 2019. This consists of GH¢3.2 billion 2-Year Notes, GH¢505.4 million of 3-Year […]
January 13th, 2020

IMF report backs Seth Terkper’s ‘false  fiscal consolidation’ claim 

The International Monetary Fund (IMF) appears to be awakening to what could be described as a “postponement of Ghana’s fiscal pain” exhibited in the unusual […]
January 12th, 2020

You are not ready be an entrepreneur if your problem is financing – Dr. Oteng-Gyasi tells start-up companies

Chief Executive Officer of Tropical Cables, Dr Tony Oteng-Gyasi, has asserted that individuals who are interested to venture into the entrepreneurial world are not entirely […]
January 12th, 2020

Government to pay allowances of TUTAG members by January 29

The National Labour Commission (NLC) will facilitate the payment of salaries and allowances of six Technical Universities, who submitted their data to the National Council […]
January 12th, 2020

Unemployment situation in Ghana an opportunity for the nation – Dr. Oteng-Gyasi

Ghana has a lot to benefit from its current state of unemployment, former President of the Association of Ghana Industries, Dr Tony Oteng-Gyasi, has stated. […]
January 12th, 2020

ABCECG ready to support government infrastructure agenda

The Association of Building and Civil Engineering Contractors of Ghana (ABCECG), says it is ready to collaborate with the government to fulfill its infrastructure agenda. […]
January 12th, 2020

Ghana ports to see more cargo volumes in 2020

Ghana’s ports will anchor increases in cargo volumes in 2020 following the positioning of Tema and Takoradi Ports as transhipment and oil and gas hubs […]
January 12th, 2020

Cocoa Farmers urged to patronise PBC’s services to enjoy pension

Cocoa farmers have been encouraged to patronise the services of the Produce Buying Company (PBC) to benefit from the new pension scheme instituted by the […]
January 11th, 2020

AfCFTA will make politicians powerless – Ofosu-Dorte

The Executive Chairman of AB & David Africa, a pan-African law firm, David Ofosu-Dorte, says over the next decade the implementation of the continental free […]
January 11th, 2020

Farmers in Builsa commend Warehouse Receipt System

Farmers in the Builsa North District of the Upper East Region, have commended the Warehouse Receipt System (WRS) for providing storage facilities and promoting their […]
January 11th, 2020

Local businesses assured of protection against unfair trading practice

The Executive Secretary of the Ghana International Trade Commission (GITC), Mr Frank Agyekum, said the Commission is ready to protect local businesses from unfair trade […]
January 11th, 2020

Ghanaian firm, Belmet 7, builds first FPSO modules

Ghana’s quest in playing a pivotal role in the oil and gas industry has received another significant boost with the design and fabrication of two […]
January 11th, 2020

Review of mining policies to boost Ghana’s benefit from surge in gold prices – Economist

Economist, Dr. Adu Owusu Sarkodie has advocated possible amendments to Ghana’s production system in the mining industry if the country is to benefit fully from […]
January 10th, 2020

SEC gives auditors, accountants new registration guidelines

The Securities and Exchange Commission (SEC) has issued guidelines on the registrations of auditors of public companies and SEC licence as well as the registration […]
January 10th, 2020

AGI pushes for industrial bank

The Association of Ghana Industries (AGI) says establishing an industrial bank will accelerate the goals of the government’s ‘One District One Factory’ initiative. AGI chair […]
January 10th, 2020

SSNIT to stop paying pensioners not biometrically registered

The Social Security and National Insurance Trust (SSNIT) has announced it will from February 1 cease payment of monthly benefits to pensioners who have not […]
January 10th, 2020

Keta basin oil exploration will affect six districts – DI

Mr. Ken Kinney, Executive Director, the Development Institute (DI) a Non-Governmental Organization has said the proposed Keta basin oil exploration will affect six districts and […]
January 9th, 2020

Inflation for December 2019 falls to 7.9%

Continuous reduction of food prices in the last quarter of 2019 has influenced a marginal drop in inflation for December 2019, the Ghana Statistical Service […]
January 9th, 2020

10,000 jobs to be created from US$500 million Ghana Smart Cities project

The Ghana Smart Cities project, designed to provide an affordable nationwide Wi-Fi network, will create over 10,000 jobs for Ghanaians, Founder and Executive Chairman of […]
January 9th, 2020

How the banking crisis has entrapped the economy

The banking and financial crisis that hit the economy in 2017 and 2018, (resulting to the merger and consolidation of eight weak banks) is one […]
January 8th, 2020

Banking reforms responsible for 17.1 percent rise in banks’ deposits – BoG report

It is emerging that Ghanaians are renewing their confidence in the banking sector following the clean up carried out by the Bank of Ghana over […]
January 8th, 2020

Uber partners with Hyundai on electric air taxi

U.S. ride-hailing company Uber Technologies Inc (UBER.N) and South Korean automaker Hyundai Motor (005380.KS) have teamed up to develop electric air taxis, joining the global […]
January 8th, 2020

Non-performing loans hit GH¢7.2bn in October 2019

The total stock Non-Performing Loans (NPLs) continue to increase as it hit GH¢7.19 billion in October 2019 from GH¢7.14 billion in October 2018. Despite this […]
January 8th, 2020

17% Growth: BoG reveals the cause of rising banks deposits

The Bank of Ghana has revealed the deposits levels in banks are on the rise as a result of reforms put in place to clean […]
January 8th, 2020

Government urged to invest in oil palm promotion

The Oil Palm Programme Manager for Solidaridad, an international not-for-profit organisation, Mr Nicholas Issaka Gbana, has called for a deliberate state intervention to promote the […]