Business

IMF bailout: Ghana likely to get about $2 billion – Kojo Oppong Nkrumah

July 4, 2022

The Information Minister, Kojo Oppong Nkrumah, says government is likely to receive about $2 billion from the International Monetary Fund (IMF) after deliberations on a specific support package are concluded. He stated that considering Ghana’s quota and macroeconomic data, it is possible for the country to get that money to help shore up its reserves. […]Continue Reading

NEWS

Don’t Judge Bawumia Out of Ignorance and Mischief – Razak Opoku

July 2, 2022

The Convener of Concerned Voters Movement (CVM), Razak Kojo Opoku is urging Ghanaians, particularly supporters of the ruling NPP not to pass judgement against Vice President Dr. Mahamudu Bawumia following the ongoing economic crisis in Ghana and across the globe. In an article copied The Anchor, Razak Opoku noted that, Dr. Bawumia is still the […]Continue Reading

Business

‘Power will not be disconnected again’ – Leadership of new Kejetia market to traders

June 30, 2022

Leadership of the Kumasi Kejetia Traders Association has indicated that measures have been put in place to ensure that power to the new Kejetia market is not disconnected again. According to the leadership, traders in the market have been asked to raise funds to defray the debt owed the Electricity Company of Ghana (ECG). This […]Continue Reading

Business

Bring back collection of road tolls – Minority demands

June 30, 2022

The Minority in Parliament  wants the government to reinstate the collection of road tolls. Minority Leader, Haruna Iddrisu says bringing back road tolls will help government in its revenue drive following current economic challenges. Speaking on the floor of Parliament on Wednesday, Haruna Iddrisu said the issue must be revisited. “Must it just be a […]Continue Reading

Business

Scrap Obnoxious E-Levy – Dr. Apaak, Arise Ghana Tell Gov’t

June 30, 2022

Pressure is piling on government to withdraw the controversial Electronic Transfer Levy (E-levy) imposed on Ghanaians, following recent revelation that the state is raking in only 10% of estimated revenue barely two months after implementation. Many Ghanaians, including the opposition parties have been against it since the introduction, insisting the levy will not favour Continue Reading

Business

I.C. Quaye In Fresh Trouble …As Muslim Group Heads to Court

June 30, 2022

The woes of the Board Chairman of the Pilgrims Affairs of Ghana, Sheikh Ibrahim Cudjoe Quaye, is far from over, as a coalition of Muslim youth prepares to drag him to court, for changing signatories to Ghana’s Hajj bank Accounts held in Riyadh, Saudi Arabia, without approval by the appointing authorities. The group, Patriotic Muslim […]Continue Reading

NEWS

Bribery Injunction Hits GJA President-elect

June 30, 2022

The swearing in ceremony for the newly-elected President of the Ghana Journalist Association (GJA) has been blocked, following the filing of an application for an injunction by one of the members of the inky fraternity. The new President Albert Kwabena Dwumfuor was expected to be sworn in today Thursday June 30, 2022 by a Justice […]Continue Reading

Business

New gold refinery to take off in August 2022

June 29, 2022

A technical committee comprising the Ministry of Lands and Natural Resources, Minerals Commission and the Chamber of Mines have inspected Ghana’s newest gold refinery called the Royal Ghana Gold. Speaking to Joy Business, Deputy Lands and Natural Resources Minister, George Mireku Duker, said when the refinery – which has a capacity of refining 300 kilogrammes of […]Continue Reading

Business

Prices of petrol, LPG to fall 8%, 7%, but diesel to go up

June 29, 2022

Prices of petroleum products are expected to witness some mixed reviews at the pump stations from this weekend (2nd July, 2022). This is based on data from then Bulk Oil Distribution Companies sighted by Joy Business. The price of petrol is expected to go down by almost 8% per liter. A kilogram of Liquefied Petroleum […]Continue Reading

NEWS

There is obvious attempt to create instability in the country – Oppong Nkrumah

June 29, 2022

The Information Minister, Kojo Oppong Nkrumah, has said there are deliberate attempts by some individuals to destabilise the country. According to him, some persons have been striving to use demonstrations to perpetrate violence and throw the nation into a disarray. “We don’t need to mince words about it. There is a trajectory – first, there […]Continue Reading