The Chamber of Cement Manufacturers Ghana (COCMAG), has expressed deep concern over the growing influx of imported bagged cement, particularly from Togo. According to the Chamber, the unregulated entry of these products poses a grave threat to the survival and competitiveness of Ghana’s local cement industry. In a formal communication to the Ministry of Trade, […]
Business
Local rice producers on the brink of collapse as Kumasi businessman urges mandatory state patronage
By King Amoah Alhaji Musa Abubakari a prominent Kumasi businessman and Ashanti regional representative of Tamanaa Company Ltd, has issued a passionate call to the government to implement urgent measures that could safeguard local rice producers from collapsing under the weight of economic pressures. While commending the government’s broader agricultural initiatives Alhaji Abubakari highlighted a […]
President John Dramani Mahama’ secures $1 billion investment deal from Singapore
Mahama inspecting parade in Singapore President John Dramani Mahama has become the first Ghanaian Head of State in history to be invited by a President of Singapore on a State Visit, a milestone that not only marked diplomatic history but also delivered substantial economic gains for Ghana. During the visit, President Mahama secured investment commitments […]
Cedi depreciation worsens expert predicts year – end of exchange rate
The Ghanaian cedi continues its downward slide against major international currencies, sparking renewed concerns about economic stability as the year progresses. Financial experts warn that the local currency could face further depreciation before year-end if urgent corrective measures are not taken. According To a report on Yen, In a recent interview, a leading currency analyst […]
Mtn shares tumble on news of US probr
News that MTN Group is facing an investigation by a US department of justice grand jury sent its shares tumbling 9% on Monday, overshadowing results showing it made a half-year profit following a loss a year earlier. The probe is into its conduct and that of its former subsidiary in Afghanistan and an Iranian cellphone […]
Patricia Owusu Diaby owns $ 720 millon as the most richest woman in Ghana with 9 others competing her. Read full details below –
Ghana’s wealthiest women are not simply building businesses. They are rewriting the very definition of success, power, and ambition. These extraordinary individuals have risen to prominence in sectors traditionally dominated by men, including oil, finance, media, fashion, and technology. Their rise to the top has been fuelled by grit, innovation, and bold decision-making. From humble […]
GBC workers give retired Director -General 10 days ultimatum to leave office
Workers at the Ghana Broadcasting Corporation (GBC) are once again in an uproar, demanding the immediate removal of their Director-General, Professor Amin Alhassan. The D-G, whose four-year term ended on October 1, 2023, has continued to occupy the top seat, defying both employee demands and official directives. The GBC Divisional Union of the Public Services […]
Mahama unveils 11 Farmer Service centres to boost agribusiness
By William Narh President John Dramani Mahama has announced the establishment of 11 new Farmer Service Centres as part of a nationwide initiative to modernise agriculture and improve access for smallholder farmers. The focus on mechanisation, according to the president, is part of a broader strategy to strengthen agribusiness, boost productivity, and support Ghana’s 24-hour […]
Lands Minister to revoke licenses of Small Scale Miners amidst irregularities
The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has issued a stern warning to holders of 962 small-scale mining licenses found to contain serious irregularities, stating they risk having their permits revoked within two weeks if corrective measures are not taken. This development follows a review conducted by a special committee established to […]