Category: BUSINESS
Justice Yonny Kulendi’s school demolished for 24-hour market
A major chapter in the educational history of the Upper West Region has come to an end following the demolition of the historic Tendamba Primary Schoo [...]
GOIL lifts profit 7% despite lower revenue
GOIL PLC increased net profit by 7.05 percent in 2025 despite a decline in revenue, as lower debt obligations and reduced financing costs helped cushi [...]
Cedi faces fresh pressure despite BoG’s dollar intervention as demand for forex surges
The local currency has come under renewed pressure against the major international currencies despite significant foreign exchange interventions by th [...]
Ato Forson sits on GHS24bn as Ministers cry for cash
The Mahama administration left nearly GH¢24 billion of its first-quarter 2026 budget unspent while simultaneously missing its revenue target by GH¢2.7 [...]
Cedi remains under pressure despite BoG’s intervention; one dollar going for GHS12.40 at forex bureaus
The cedi remained under pressure over the two-week review period, driven largely by heightened demand pressures.
In the interbank market, the cost [...]
SSNIT rejects pension sustainability fears after new actuarial report
The Director-General of the Social Security and National Insurance Trust (SSNIT), Kwesi Afreh Biney, has sought to allay growing concerns about the fu [...]
MoFA challenges Finance Ministry’s GHS1.6bn budget release claim; demands transparency
A fresh dispute has emerged within the John Mahama administration over the release of funds to the Ministry of Food and Agriculture (MOFA), exposing g [...]
Turkish firm AKSA to build 900MW combined cycle power plant in Takoradi
Turkish power generation company AKSA is set to commence the construction of a 900MW combined cycle power plant in Takoradi in Ghana’s Western Region. [...]
Bank of Ghana dismisses reports of planned sale of new headquarters
The Bank of Ghana (BoG) has firmly denied reports suggesting that it is considering the sale of its newly constructed headquarters, describing the cla [...]
Consumer Advocate backs planned 20% transport fare increase, urges Gov’t not to interfere
As debate intensifies over the planned 20 percent increase in public transport fares across Ghana, the West Africa Director of CUTS International, App [...]