Minister of Trade and Industry, Mrs. Elizabeth Ofosu-Adjare, has called on Ghana-based heavy-duty vehicle manufacturers to increase their use of locally sourced components in order to fully benefit from the African Continental Free Trade Area (AfCFTA). Speaking during a working visit to Zonda Tec Ghana Limited on Thursday evening, the Minister emphasized the importance of…
Ghana Water Ltd. (GWL) has initiated the controlled spillage of excess water from the Weija Dam as heavy rains continue to elevate water levels. The move is aimed at preventing structural damage to the dam and averting potential flooding disasters. Currently, the water level at the dam has reached 45 feet, approaching the maximum safe…
Just days after being cleared from unauthorized trading spots, some traders in Accra’s Central Business District have returned to the pavements, defying the Accra Metropolitan Assembly’s (AMA) directives aimed at decongesting the city. The traders, citing economic hardship and the absence of alternative sources of income, say they have no choice but to resume their…
Vice President Professor Naana Jane Opoku-Agyemang has returned to Ghana after making a full recovery from an illness that had kept her out of the public eye for several weeks. She arrived in Accra from London, United Kingdom, to a warm and heartfelt welcome at the Kotoka International Airport. President John Dramani Mahama and First…
Tullow Ghana and its partners have officially restarted drilling operations in the Jubilee Field, ushering in a new phase of investment in Ghana’s vital energy sector. The two-year drilling programme, which kicks off in May 2025, aims to enhance oil production and operational efficiency in one of West Africa’s most prominent oil fields. This new…
The Ministry of Finance has officially approved the implementation of revised allowances for members of three senior staff unions within Ghana’s public tertiary institutions. This decision follows the successful completion of negotiations between the government and the unions. In a statement dated May 21, 2025, Finance Minister Dr. Cassiel Ato Forson announced that the revised…
First National Bank has appointed Adwoa Boateng-Addo as its new Chief People Officer, effective immediately. She succeeds Ernestina Danquah, who retired on April 30, 2025, after nearly a decade of dedicated service as Head of Human Resources. Adwoa brings a wealth of experience to the role, having previously served as the bank’s Senior Human Resource…
The Asantehene, Otumfuo Osei Tutu II, has emphasized the importance of a stable and reliable energy supply in realizing Ghana’s ambition of a 24-hour economy. He called on investors to channel support into the country’s energy sector, highlighting its central role in national development. Speaking during a meeting with officials from Dream Power Africa, a…
Fitch Solutions has forecasted that the Ghanaian cedi will close the year 2025 at GH¢15.50 to one US dollar, with an annual average rate of GH¢15.30/USD. This projection significantly exceeds the GH¢14.00 year-end estimate provided by Absa Bank. At the start of 2025, the cedi was trading at GH¢15.83 against the dollar. In its latest…
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has strongly refuted recent remarks by former Vice President Dr. Mahamudu Bawumia, who claimed that the recent appreciation of the Ghanaian cedi was not the result of any deliberate policy initiatives by the National Democratic Congress (NDC) government. Speaking at a recent event, Dr….
