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The Ghana Revenue Authority (GRA) is asking some of the nation’s largest companies to pay millions of dollars in back taxes as the cash-strapped government scrambles to raise money and finalise a bailout from the International Monetary Fund…

The Bank of Ghana has defended the daily publication of foreign exchange rates, which puts the rates lower than what is sold in the retail or forex market. According to the Central Bank, the rates are weighted average of transaction…

Economist, Prof. Lord Mensah has urged government to use the Mid-Year Review of Estimates (Budget Review) in July this year to announce major expenditure cuts. According to him, expenditure cuts in the budget will send a positive signal…

Apple sales dropped at the end of 2022 as shoppers squeezed by the rising cost of living cut back their purchases. Sales at the iPhone giant fell 5% in the three months to December compared with the same period in 2021. It was the…

The Ghana Exim Bank says it retrieved over ¢47 million owed by various commercial banks between 2009 and 2022. According to the development bank, the banks indebtedness stood at over ¢100 million. These were loan advancements to Small…

The Upper East Regional Security Council(REGSEC) has raised concerns that jihadists may have infiltrated the town of Bawku leading to an escalation of the conflict there. The Regional Minister and Chairman of the Security Council,…

The total turnover of the bond market declined by 54.8% to ¢954.15 million at the end of trading last week. According to market statistics, the slowdown in activity was primarily due to the relatively quiet sessions on the market as the…

The Upper East Regional Security Council (REGSEC)  has entreated the residents of Bawku not to engage the military in combat over recent disagreements.  The appeal follows reports of the military killing seven civilians in Bawku in the…

The proposed Central Region Airport project will host the first aircraft repair centre in West Africa. The project, expected to be sited near Komenda in the Komenda Edina Eguafo Abrem (KEEA) Municipality in the Central Region, will have…

Volvo Cars is gearing up for an electric blitz to convert all its mainstay models - three SUVs and two sedans - into electric vehicles and to introduce a luxury electric van aimed at boosting sales in Asia, two people with knowledge of…