Fidelity bank dismisses reports of seizing US$25m from MIIF
Fidelity Bank has categorically denied allegations that it seized $25 million belonging to the Minerals Income Investment Fund (MIIF).
Recent reports claimed that MIIF, an...
Ministry of Finance Releases Report on Ghana’s VAT System
The Ministry of Finance has published a comprehensive report assessing Ghana’s Value Added Tax (VAT) system, produced in collaboration with researchers from the Institute...
Cedi continues strong run against dollar; one dollar equals GH¢15.81
The Ghanaian cedi continued its strong performance last week, appreciating against the US dollar and other major foreign currencies in the retail market.
This positive...
Lawsuit Withdrawn, Clearing Path for Anthony Kwasi Sarpong to Lead GRA
Anthony Kwasi Sarpong can now continue as Acting Commissioner-General of the Ghana Revenue Authority (GRA) without legal obstacles after a lawsuit challenging his appointment...
Treasury Bill Demand Remains High Despite Falling Yields
Investor appetite for Treasury bills remains strong, with the latest auction results from the Bank of Ghana showing a significant oversubscription of 43.85%.
The government...
The government plans to borrow GH¢200 billion
The government is projected to borrow approximately GH¢200 billion from the treasury market in 2025. This marks a decline compared to the 2024 estimate...
Fuel prices projected to increase by Friday, Jan. 17 2025 due to cedi depreciation
Prices of petroleum products are set to rise slightly at fuel pumps starting Friday, January 17, 2025.
This anticipated increase is attributed to a surge...
Importers and Exporters Association Calls for Reform, Not Removal, of ICUMS
The Importers and Exporters Association has called for reforms to the Integrated Customs Management System (ICUMS), rather than its complete removal, emphasizing the system’s...
Inflation for January 2025 declines slightly to 23.5%
Ghana’s inflation rate for January 2025 saw a slight decline, easing to 23.5% from 23.8% recorded in December 2024.
Despite the overall decrease, food inflation...
Cedi Maintains Strong Performance Against US Dollar, Trades at GH¢15.75
The Ghanaian cedi continued its positive trend in the retail market, trading at an average of GH¢15.75 per US dollar on February 17, 2025....
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Hero’s Welcome for Black Stars Before World Cup Opener
The Black Stars have received a rousing welcome in Toronto ahead of their opening match at the 2026 FIFA World Cup, with hundreds of...
Tunisia Turn to Hervé Renard After World Cup Disaster
Tunisia have made a dramatic change in the dugout just days into their 2026 FIFA World Cup campaign, sacking head coach Sabri Lamouchi and...
Viral Video Lands Bole SHS Teacher in Trouble
The Ghana Education Service (GES) has interdicted a teacher at Bole Senior High School in the Savannah Region following allegations of sexual misconduct involving...