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AGI Urges Government to Scrap 20% Excise Tax on Local Beverages
The Association of Ghana Industries (AGI) has called on the government to remove the 20% excise tax on locally produced sweetened beverages and fruit juices, arguing that its elimination will boost production, protect jobs, and support the…
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Ghana’s Borrowing Cap for 2025 Set at $250 Million Under IMF Agreement
Ghana is set to face a strict limit on its external borrowing in 2025, with a $250 million ceiling on all forms of external loans, including commercial loans.
This cap is part of a Memorandum of Understanding (MOU) signed between Ghana and…
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Dr. Abiba Zakariah Appointed Acting Commissioner of the NIC
President John Mahama has appointed Dr. Abiba Zakariah as the acting Commissioner of the National Insurance Commission (NIC).
Dr. Zakariah officially assumed office on February 17, 2025, following her appointment earlier in the week.
She…
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GNPC Announces Appointment of Kwame Ntow Amoah as Acting CEO
The Ghana National Petroleum Corporation (GNPC) has officially announced the appointment of Mr. Kwame Ntow Amoah as its new Acting Chief Executive Officer (Ag. CEO), effective immediately.
He replaces Mr. Edward Abambire Bawa, who has…
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Nigeria to Host 32nd Afreximbank Annual Meetings in June 2025
Nigeria is set to host the 32nd Afreximbank Annual Meetings (AAM) in June 2025, marking what is expected to be the largest gathering in the history of the event.
The high-profile conference will convene over 6,000 delegates, including…
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CDM Demands Immediate Suspension of Dr. Asiama’s Appointment as Bank of Ghana Governor
The Centre for Democratic Movement (CDM) has called for the immediate suspension of Dr. Johnson Asiama’s appointment as Governor of the Bank of Ghana (BoG), citing unresolved legal and ethical concerns that threaten the integrity of Ghana’s…
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Nana Philip Archer Appointed as New Board Chairman of GOIL
The Ghana Oil Company (GOIL) has announced the appointment of Nana Philip Archer as its new Board Chairman, marking a strategic move aimed at strengthening the company’s leadership and market position.
With over two decades of experience…
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Edward Bawa Reassigned as Group CEO of GOIL
President John Dramani Mahama has made a significant leadership shift, reassigning Edward Bawa from his newly appointed role as Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC) to take up the position of…
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World Bank Warns Ghana Over Unchecked Spending and Rising Debt
The World Bank has attributed Ghana’s fiscal challenges to a lack of budget discipline, leading to unchecked public spending, surging interest payments, and increasing financial constraints.
In its latest Public Finance Review, the Bank…
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World Bank cautions Ghana against premature return to Int’l capital market
The World Bank Country Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, has cautioned Ghana against hastily re-entering international capital markets, describing such a move as premature and potentially risky.
Speaking at…
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