Category: BUSINESS
Ghana receives US$365 million IMF disbursement
Ghana has received a fresh infusion of approximately US$365 million from the International Monetary Fund (IMF), credited to the Bank of Ghana’s (BoG) [...]
Government records fourth straight treasury bill oversubscription
The National Democratic Congress government’s short-term borrowing programme continues to attract strong investor interest, with the latest treasury b [...]
BoG Governor reviews ‘year of hard choices’ as banks brace for new phase of growth
At the close of a year marked by difficult policy decisions and painstaking reforms, the Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has [...]
TOR resumes crude oil refining after years of shutdown
The Tema Oil Refinery (TOR) has resumed crude oil refining operations after several years of inactivity, marking a major milestone in efforts to revit [...]
BoG increases annual licence fee for SDIs to GHS50,000
The Bank of Ghana has announced a revision of the annual licensing fee for all Specialised Deposit-Taking Institutions (SDIs), effective January 1, 20 [...]
GRA awarded GHS85m contracts to ‘ghost’ auto companies
A detailed investigation into procurement activities at the Ghana Revenue Authority (GRA) under previous Commissioner General, Ammishaddai Owusu-Amoah [...]
Zijin Golden Ridge emerges as new force in mining sector
Barely eight months after commencing operations in Ghana, Zijin Golden Ridge Limited is already being positioned by government as a potential game-cha [...]
Ato Forson faces CHRAJ over selective ex gratia payments
The asset declaration and accountability debate has widened into a fresh constitutional controversy as the Minister for Finance, Dr. Cassiel Ato Baah [...]
Cybele Energy makes history with Guyana offshore oil block deal
Ghanaian-owned Cybele Energy has officially secured exploration and production rights to Block S7, a shallow-water offshore oil block in Guyana, follo [...]
Energy Ministry unveils guiding framework for private sector participation in electricity distribution
Ghana’s Ministry of Energy and Green Transition on Monday unveiled the Guiding Framework for Private Sector Participation (PSP) in the operations of t [...]