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Google apologises for Ghanaian cedi mistake

Google apologises for Ghanaian cedi mistake

Google has apologised to Ghana’s finance ministry and central bank for displaying a wrong exchange rate for the Ghanaian currency, the cedi, on its currency converter. On Friday, Google’s currency converter said it took 22 cedis to buy one US

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Chiefs demand enforcement of ban on donkeys’ skin trade

Chiefs demand enforcement of ban on donkeys’ skin trade

Some chiefs, who keep donkeys in the Northern Region, have appealed to the government to strictly enforce the ban on their skin trade in the country to protect their livelihoods. They also called for an enforcement that would formalise the

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Cabinet approves automobile industrial policy

Cabinet approves automobile industrial policy

Cabinet has approved the draft automobile industrial policy which has been designed to guide the establishment of vehicle assembling plants and manufacturing firms in the country. The policy is expected to go through parliamentary scrutiny before becoming a working document.

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Barclays collaborates with GCX to support farmers, traders on local bourse

Barclays collaborates with GCX to support farmers, traders on local bourse

Barclays Bank Ghana, a member of Absa Group, is set to provide a financing programme to support Ghanaian farmers and traders on the Ghana Commodity Exchange (GCX). In a Memorandum of Understanding (MoU) recently signed with the managers of the

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Ghana gets $185m from IMF after final review of fund programme

Ghana gets $185m from IMF after final review of fund programme

The International Monetary Fund (IMF) on Wednesday completed the 7th and 8th reviews under the Extended Credit Facility (ECF)-supported arrangement. The completion of the two final reviews on March 20, 2019, will make available to Ghana the cumulative of about $185.2 million,

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You can’t do business with gov’t without TIN – GRA warns

You can’t do business with gov’t without TIN – GRA warns

Commissioner General for GRA, Kofi Nti The Ghana Revenue Authority (GRA) has announced that individuals without a Tax Identification Number (TIN), effective today [April 3, 2018] will not be allowed to acquire a Driver’s license, open a bank account, get

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NPA to commence regulation of bitumen

NPA to commence regulation of bitumen

The National Petroleum Authority (NPA) is in the process of beginning the regulation of bitumen which is especially used in the road construction sector in the country. The move is to ensure that services that use bitumen receive the required

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Cedi depreciation: Akufo-Addo blames taste for imported goods

Cedi depreciation: Akufo-Addo blames taste for imported goods

Ghanaians taste for foreign goods, President Akufo-Addo has said, is the reason for the yearly depreciation of the cedi. He believes that if Ghanaians manufactured some of the many products they import and or patronised locally made goods, the local currency’s

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Bastardising Databank to get at Ofori-Atta “really wrong” – CEO

Bastardising Databank to get at Ofori-Atta “really wrong” – CEO

The CEO of the Databank Group, Mr Kojo Addae-Mensah, has said the recent negative rumours circulating on social media about an alleged run on the investment bank – an apparent situation, which, according to the write-up, has purportedly plunged the

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Ghana, EU sign €40m job, investment deal

Ghana, EU sign €40m job, investment deal

Ghana has signed a €40 million grant with the European Union aimed at promoting investments and job creation in the cocoa-producing West African country, Information Minister Kojo Oppong Nkrumah disclosed to the media on Sunday, 17 March 2019 at a

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