Business

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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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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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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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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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 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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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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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 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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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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