BUSINESS NEWS
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Jumia posts $97 million loss as revenue declines
Jumia Technologies AG pretax loss moderated by 1% to $97.559 million in financial year 2024 as the company’s revenue declined,…
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Amazon Web Services to charge VAT, GETFund Levy, COVID Levy, and others effective March 1
Effective March 1, 2025, businesses and individuals using Amazon Web Services (AWS) will be subject to various taxes and levies…
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Government approves 10% salary increase for public sector workers
The government has approved a 10% wage increase for public sector employees. This decision follows successful negotiations between Organised Labour/Associations…
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Ablakwa opens 24-hour shift at Passport Office
Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has unveiled plans to introduce a 24-hour passport service as part of an…
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EXPLAINER: What a sinking fund means and why government used it to repay bondholders
You may have first heard the term “Sinking Fund” when news broke that President John Dramani Mahama directed the Ministry of…
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9 steps to buying litigation free land in Ghana
Acquiring land/property in Ghana is much more complex and involves more processes than simply buying tomatoes at the Dome market.…
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NPP did not leave funds for debt payments – President Mahama’s spokesperson
Spokesperson for President John Dramani Mahama and Minister of State for Government Communications, Felix Kwakye Ofosu, has dismissed claims by…
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IMF imposes $250 million external borrowing cap on Ghana for 2025
Ghana has been restricted from borrowing more than $250 million in external loans, including commercial loans, in 2025 under a…
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NPA sets new price floor for petroleum products
The National Petroleum Authority (NPA) has established a new price floor for petroleum products, effective for the second pricing window…
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Why Ken Ofori-Atta is no longer OSP wanted list
The Office of the Special Prosecutor (OSP) has removed former Minister of Finance, Ken Ofori-Atta, from its list of wanted…
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