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Moody’s has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 or further junk status and changed the outlook to stable. This concludes the review for downgrade that was initiated on September 30, 2022. “The…

The Economic and Organised Crime Office has revealed that it has recovered ¢27.55 million crime proceeds for the state in the last 10 months of the year 2022. This, according to the Organisation, is “far in excess of the average ¢5…

Emirates National Oil Co. denied a senior Ghanaian official’s claim that the company is in talks about supplying the West African nation with fuel in return for gold. “This is totally baseless and incorrect,” an ENOC person said to…

Deputy Minister for Finance, Dr. John Ampontuah Kumah, has indicated that the 2023 Budget is anchored on four key programmes which are aimed at achieving debt sustainability through the International Monetary Fund and a Debt Exchange…

A national action plan to enhance the capacity of institutions to address skills mismatch and imbalances in organisations has been launched. Minister for Employment and Labour Relations, Ignatius Baffour Awuah, who launched the project,…

Elon Musk's declaration of war on Apple (AAPL.O) in a series of tweets on Monday gives Spotify and Fortnite maker Epic Games a powerful ally in taking the tech giant to task over its 30% App Store fees. Musk criticized the fee Apple…

Europe continues to be the biggest buyer of Russian diesel, with nearly half of EU and UK seaborne diesel imports having come from Russia this month, according to data from Vortexa compiled by Bloomberg. The EU and the UK imported an…

The Institute of Economic Affairs (IEA) Ghana has said that the decision of government to remove the daily GH₵100 threshold on the electronic transactions levy (e-levy) is inappropriate.   This, according to them, is because it ‘fails’…

Prices of petrol and diesel are expected to go down between 10% and 8% from Thursday, December 1, 2022, the Institute for Energy Security has projected. The price of Liquefied Petroleum Gas (LPG), however, is expected to remain stable on…

The Ministry of Works and Housing believes the surest way to bring a stop to the abandoning of the government’s housing projects is to institute a Housing Authority. The ministry believes such an authority will implement housing policies…