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VIDEO: Interior Minister Warns of Illicit Activities in Unregulated Online Gaming Sector
The Minister for the Interior, Hon. Muntaka Mohammed Mubarak, has issued a stern warning about the dangers of an unregulated online gaming industry, stating that without stricter controls, the sector could become a breeding ground for…
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Minority demands answers from Sam George over shutdown of Radio Stations
The minority in Parliament is demanding that Minister for Communication, Digital Technology, and Innovations, Samuel Nartey George, be summoned to explain the shutdown of seven radio stations across the country.
On February 18, 2025, the…
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IFC Pledges $600 Million to Boost Ghana’s Private Sector and Job Creation
The International Finance Corporation (IFC), a member of the World Bank Group, has announced plans to inject approximately $600 million into Ghana’s private sector.
This strategic investment aims to stimulate job creation, enhance…
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Jumia Reports 10% Decline in Revenue and Operating Loss for 2024
Africa’s e-commerce giant, Jumia, has reported a 10% year-over-year decline in revenue and operating loss for 2024, according to its Q4 and full-year financial statement released on Thursday.
The company’s operating loss dropped from $73.3…
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Frequent Power Outages in Kumasi Force Businesses to Rely on Generators
Kumasi’s Central Business District (CBD) is witnessing a surge in the use of power generators as persistent intermittent power outages continue to disrupt daily life in the Ashanti Region.
For weeks, businesses and residents have struggled…
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Bank of Ghana Begins Fourth Quarter 2024 Remittance Audit
The Bank of Ghana (BoG) has commenced an audit of remittance activities covering the fourth quarter of last year, from October 1 to December 31, 2024.
This was announced in an official notice issued by the Central Bank today.
According…
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Kwamina Asomaning Elected as President of Ghana Association of Banks
The Ghana Association of Banks (GAB) has elected Kwamina Asomaning, Managing Director of Stanbic Bank Ghana, as its new President.
Asomaning takes over from John Kofi Adomakoh, whose tenure ended following his departure from GCB Bank Plc.…
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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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