Traders in Ghana’s bustling city of Kumasi, particularly those from the Central, Asafo, and Bantama markets have reportedly embraced President John Dramani Mahama’s “Reset Ghana Policy,” hailing it as workable due to a tangible reduction in the prices of various goods. According to numerous traders who spoke to the correspondent on fact finding mission per […]
Business
Detailed facts: Meet the 8 Ghanaians who refunded 60% of Ghc 5.7 billion to avoid them prosecuted
Dr Kwabena Duffour, Former Minister of Finance and owner of Unibank and seven others who were in Court for their alleged involvement in the collapsed of Unibank five years ago will no longer be prosecuted after they refunded 60% Yesterday, the Attorney General Dominic Ayine entered a Nolle Prosequi in favour of Dr. Kwabena Duffour, […]
MTN drops bombshell on plans to blacklist Momo loan defaulters from the system
In a bold and far-reaching declaration, Samuel Duku, Technical Manager at MTN Ghana, has issued a stern warning to Mobile Money (MoMo) loan defaulters, revealing that plans are underway to create an integrated blacklist system that will block defaulters from accessing loans across all financial institutions in the country. The statement, which came during a […]
Peace returns to Barekese after DCE’s intervention to ensure compliance with the 15% fare reduction
From Bash, PRO reporting from Atwima Nwabiagya North District Peace and calm has finally returned to the Barekese township in the Atwima Nwabiagya North District of the Ashanti Region following tensions over the refusal of some commercial drivers to comply with the newly announced 15% reduction in transport fares. District Chief Executive (DCE) for Atwima […]
Cedi weakens massively as exchange rate for Wednesday is revealed
According to a report by GhanaWeb on Wednesday, July 16, 2025, the Ghanaian cedi is still facing weakness on the interbank market. As of that date, the Bank of Ghana (BoG) is selling the US dollar at GH¢10.40. However, rates at forex bureaus across the country are much higher, with the dollar trading at GH¢11.95. […]
Save Ghana Movement slams President Mahama’s whistleblowers reward plan
The Save Ghana Movement’s Chief Executive Officer (CEO), Mr Robert Andzie Ansah has criticized President John Dramani Mahama’s plan to offer whistleblowers a 10% of seized gold or cash from illegal gold traders. Andzie Ansah made the assertion known during an exclusive interview on Fabea FM’s Me Man Ho Dadwen show hosted by Apiah-Kubi Andzie […]
TOR’s Petroleum hub partners to train 500 Ghanaian youth in gas and petroleum management
Tema Oil Refinery Ltd (TOR) and the Petroleum Hub Development Corporation (PHDC) have agreed in principle to collaborate on a transformative initiative aimed at training 500 Ghanaian youth for careers in the oil, gas, and petrochemical industries. The agreement was reached during a preliminary meeting held at TOR’s premises, where both institutions committed to advancing […]
President John Dramani Mahama’ launches Goldbod Taskforce
President John Dramani Mahama has inaugurated the GoldBod Taskforce, a specialized unit comprising personnel from the National Security, military, and other key security agencies. The taskforce’s primary objective is to protect Ghana’s natural resources and ensure the responsible management of its gold industry. During the inauguration ceremony at the National Security Secretariat in Accra, President […]
Legal battle rocks two Ghanaian gold firms over US$300million deal
A high-stakes legal dispute between two Ghanaian companies over the Black Volta gold project has escalated to the International Chamber of Commerce (ICC), with claims and counterclaims now exceeding US$100 million. At the centre of the conflict is a terminated development agreement between Engineers & Planners (E&P), a construction firm owned by Ibrahim Mahama, brother […]
Bank of Ghana drops position of Ghana cedis against the major world currencies as at Tuesday July 8
The Bank of Ghana has released the official exchange rates for Tuesday, 8th July 2025, and the Ghanaian cedi has recorded another drop in value against the US dollar. According to the new figures published by the central bank, the US dollar is being bought at GHS 10.3448 and sold at GHS 10.3552. This shows […]