Akonta Mining Company Limited has sued the Minerals Commission and Lands Minister Emmanuel Armah Kofi Buah. The company is demanding GH₵20 million in damages over defamation. The case, filed at the Accra High Court on April 24, 2025, follows a…
Finance Minister Dr. Cassiel Ato Forson has inaugurated a nine-member board for the Ghana Revenue Authority (GRA) to enhance domestic revenue mobilization and uphold integrity in public finance management. The board, chaired by George Kweku Ricketts-Hagan, a former Deputy Finance…
The International Monetary Fund (IMF) has pledged its commitment to help Ghana and other nations affected by the ongoing global tariff war. IMF Managing Director Kristalina Georgieva gave this assurance during the launch of the Global Policy Agenda at the…
Tanzania has suspended all agricultural imports from South Africa and Malawi. The move follows trade restrictions these countries placed on Tanzanian exports. The ban took effect at midnight, severely slowing activity at the Kasumulu border crossing with Malawi. Agriculture Minister…
Ghana’s government missed its treasury bill target last week as investor participation dipped. The auction ended with a 2.45% undersubscription, according to the Bank of Ghana. The government aimed to raise GH¢6.607 billion but received GH¢6.444 billion. It accepted GH¢4.63…
Zijin Mining Group Co., Ltd. has finalized the acquisition of Newmont Corporation’s Akyem Gold Mine for $1 billion, marking a major milestone in its international growth strategy. The deal was completed through Zijin’s wholly-owned overseas subsidiary on April 16, after…
Ghanaians can look forward to cheaper holiday data bundles on five national holidays in 2024. This comes after a successful deal between the Ministry of Communications and telecom providers. Communication Minister and Ningo Prampram MP, Sam Nartey George, shared the…
Ghana has secured $370 million from the International Monetary Fund (IMF), following the fourth review of the country’s Extended Credit Facility (ECF) programme. The IMF team, led by Mission Chief Stéphane Roudet, conducted a two-week mission in Accra, which resulted…
Secondary bond market activity dropped by 6.2% this week to GH¢453 million, compared to GH¢483 million the week before. Investors showed caution due to the ongoing International Monetary Fund (IMF) mission, which ends on April 15, 2025. General Category Bonds…
Nvidia, a leading microchip maker, will face a $5.5bn (£4.2bn) loss after the US government imposed stricter export controls on its products to China. The company, central to the artificial intelligence (AI) boom, now requires licenses to export its popular…
The Ministry of Finance has started an eight-week forensic audit into GH¢4.4 billion in unpaid government obligations. Finance Minister Dr. Cassiel Ato Forson announced the audit during a press briefing on April 15, 2025. The Auditor-General’s office will lead the…
Societe Generale Ghana has taken bold steps to boost savings by rewarding 40 customers in the first mini draw of its ‘Deposit and Drive Promo.’ The draw, held in Accra, saw winners walk away with smart TVs, microwaves, smartphones, and…