Central bank tightens liquidity, absorbs GH¢79.8bn in 4-months
The central bank is tightening its grip on liquidity faster than it did a year ago, significantly scaling up its open market operations in the first four months of 2025 as inflation stays sticky around the 20 percent range amid fiscal pressures. The Bank of Ghana mopped up a total GH¢79.8billion through its liquidity absorption […]
MTN CEO assures customers of MoMo safety
The Chief Executive Officer of MTN Ghana, Stephen Blewett, has reassured customers, particularly users of the MTN Mobile Money (MoMo) service, that their funds remain safe with the company. Speaking at a Media and Stakeholder Forum held at the Nim Avenue Hotel in Tamale on Friday (16 May), Blewett stated that MTN works with trusted […]
SMEs to receive 10% loans without collateral
In a landmark move set to transform the landscape of small and medium-sized businesses (SMEs) in Ghana, Absa Bank Ghana and the Mastercard Foundation have partnered to offer an unprecedented support program that will elevate SMEs and propel their growth to new heights. This initiative marks a turning point for women-owned businesses, young entrepreneurs, agribusinesses, […]
GUTA disappointed by Akufo-Addo’s approval of 3 new taxes
The Ghana Union of Traders Association (GUTA) has expressed its disappointment with President Nana Akufo-Addo for assenting into law the three new taxes passed by Parliament in March 2023. The union says the government failed to engage GUTA on concerns it raised about the taxes when it petitioned the presidency and parliament. Information Minister, Kojo […]
YouStart stakeholder engagement begins
The government has begun a broad stakeholder engagement in advance of the introduction of the YouStart programme. According to the government, these activities are part of the steps being implemented to ensure that Ghanaians understand the YouStart initiative and that it has the requisite support and acceptability. Dr John Ampontuah Kumah, Deputy Minister of Finance […]
Ghana’s total debt stock hit GH¢391.9 billion
Ghana’s total debt stock has hit GH¢391.9 billion, data from the Bank of Ghana indicate. According to the central bank, the country’s debt stock stood at US$ 55.1 billion as of March 2022. Even though it dropped by $3 billion in the first quarter of 2022 from $58.4 billion in January to $55.1 billion in […]
Smart Africa Digital Academy (SADA) Launches its National Digital Academy in Ghana
Smart Africa’s capacity building arm, the Smart Africa Digital Academy (SADA) in partnership with Ghana’s Ministry of Communications and Digitalisation has launched a national digital academy in the country, marking the official kick-off of in-country implementation of the initiative. The agreement is contained within a Memorandum of Understanding (MOU) signed today between the Smart Africa […]
Bird Flu Hits Anhwiaso Bekwai, Kills 20,000 Birds in 2 Weeks
Over 20,000 birds have been killed by bird influenza also know as bird flu outbreak barely two weeks ago in the Bibiani Anhwiaso Bekwai Municipality in the Western North Region of Ghana. Municipal Agric Director Mr. Augustine Amaning Kwarteng speaking to Adehyie FM explained that the outbreak has affected six different farms in two weeks […]