Business

The government will soon lay before Parliament a revised Ghana Investment Promotion Centre (GIPC) Bill alongside a legal framework for establishing a 24-Hour Economy Authority, as part of sweeping reforms aimed at attracting foreign…
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The Bank of Ghana (BoG) has issued a sweeping directive banning the widespread use of foreign currencies, especially the US dollar, in everyday transactions across Ghana, warning that offenders will face stiff sanctions under the Foreign…
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The Importers and Exporters Association of Ghana has advised its members and the wider business community to load funds onto their credit or Visa cards rather than carry large amounts of cash when travelling abroad. The directive follows…
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The Importers and Exporters Association of Ghana (IEAG) has raised alarm over what it describes as the growing capture of the auctioning of perishable goods at Ghana’s ports by politically connected cartels. The group warns that the…
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Google has agreed to pay an A$55 million (US$36 million) fine in Australia after the country’s consumer watchdog found the company struck anti-competitive deals with major telcos Telstra and Optus, limiting search engine choices on Android…
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Google has secured a landmark six-year cloud computing agreement with Meta Platforms, worth more than US$10 billion, according to a source familiar with the matter. The deal, first reported by The Information, will see Meta rely on Google…
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Aggrieved customers of First Fund, an investment scheme formerly managed by the now-defunct First Banc Financial Services, have issued a two-week ultimatum to the Securities and Exchange Commission (SEC) to release their locked-up funds or…
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The Economic and Organised Crime Office (EOCO) has recovered 100 stolen luxury vehicles shipped into Ghana through criminal networks, in what it describes as one of the largest crackdowns on transnational car theft in recent years. The…
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Dr. Samuel Ofosu Ampofo, Policy Adviser for Political Affairs at the Office of the Vice President, set the tone for the opening of the 2025 National ICT Week in Accra, where Ghana reaffirmed its ambition to become Africa’s leading digital…
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Tesla Inc. turned down a $60 million settlement proposal in a lawsuit over a 2019 fatal crash involving its Autopilot-equipped Model S before a Miami federal jury ultimately awarded $243 million in damages earlier this month. The…
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