The Bank of Ghana (BoG) has announced a centralised foreign exchange trading platform, which requires that all persons seeking to buy or sell foreign currencies provide a Ghana Card or passport for foreign nationals and undergo biometric verification.
It is to ensure safe and sound operations of the foreign exchange...
The Peasant Farmers Association of Ghana (PFAG) is faulting the Ministry of Food and Agriculture (MoFA) in the implementation of its flagship agricultural programme's second phase, Planting for Food and Jobs II.
The Association claims its implementation is skewed with several inconsistencies that do not favour farmers. These discrepancies, according...
The digital media space has been abuzz with concerns over high Internet data costs, particularly for MTN subscriptions. While consumers express frustration, the reasons behind these prices remain a contentious issue.
MTN, classified as a Significant Market Power (SMP) by the National Communications Authority (NCA), faces regulations designed to promote...
Considering successes recorded in its mid-year collection performance, the Ghana Revenue Authority (GRA) believes it is well on course to achieving this year’s tax target of GH¢146billion.
GRA Commissioner-General Julie Essiam recently briefed media on the Authority’s mid-year 2024 performance, and said a total of GH₵68.49billion against a half-year budget...
Following SSNIT’s decision to halt the sale of 60 percent of its shares in four hotels, a move leading to the suspension of a planned nationwide strike on Monday, July 15, 2024, Organised Labour has issued a one-month ultimatum for the Social Security and National Insurance Trust (SSNIT) to...
Following an assessment from an International Monetary Fund (IMF) staff report that emerged after the second review of Ghana’s 36-month Extended Credit Facility Arrangement, government has set a new indicative target to limit total disbursements under pre-Cut-Off Date (CoD) facilities to US$250million annually over the period of 2024-2025.
This measure...
Fisheries and Aquaculture Development Minister, Mavis Hawa Koomson, has signalled the country’s intention to join the Fisheries Transparency Initiative (FiTI), a global body that focuses on public access to information for thematic areas of marine capture fisheries.
To this end, minister Mavis Hawa Koomson presented an official commitment letter to...
It is pleasing to learn that government has resumed work on several stalled housing projects across the country, in a bid to address the acute housing shortage.
The goal to complete abandoned projects and provide affordable housing for Ghanaians is being spearheaded by the State Housing Company (SHC).
Minister for Works...
Banking consultant Dr. Richmond Akwasi Atuahene is calling for increased scrutiny of fintech companies operating in Ghana’s remittance sector, amid concerns about discrepancies in reported figures and potential impacts on foreign exchange reserves.
In fact, Dr. Atuahene wants the Bank of Ghana (BoG) to commission international audit firms to conduct...
The nation’s construction sector is facing a potential storm. The country's cement industry, a vital cog in the infrastructural development machine, is warning of imminent supply disruptions due to a proposed government regulation on cement prices.
This unilateral approach spearheaded by the Trade Ministry raises concerns about stifling competition, disrupting...