Ghana losing $30bn annually through gold smuggle

Over $30billion worth of illegally mined gold is smuggled from Ghana every year, according to the Minister of Environment, Science, Technology and Innovation, Professor Frimpong Boateng. According to him, Ghana has over the years lost billions of dollars...

Petrol prices to go up Febuary – Analyst

Barring any intervention by government, prices of Petroleum products will go up in February, a research analyst with the Institute of Energy Security Richmond Rockson has predicted. The caution comes after the Chamber of Petroleum...

BoG cautions public over Bitcoin

The Bank of Ghana (BoG) has cautioned the public against usage of Bitcoin in transactions. In a statement it said: “The Bank of Ghana has taken notice of recent developments in the use, holding, and...

Robust systems in place for 2018 target – GRA Boss

The Ghana Revenue Authority (GRA) has said it has mapped out new strategies to help it achieve its revenue target of GH¢39.2billion this year. The GRA failed to meet the 2017 target of GH¢34billion, collecting...

Ghana’s debt stock now at GH¢138.8b

The country’s total debt stock reached ¢138.8 billion as of November 2017 according to the latest Bank of Ghana economic and financial data report. According to the report released on Friday, the debt went down marginally...

Budget Watch: Breakdown of expected 500k jobs [Infographic]

iWatch Africa as part of its continuous effort to promote transparency and accountability tracked down the government’s commitment to reduce unemployment in Ghana. The government described the 2018 Budget as “Putting Ghana back to work”...

‘Komenda Sugar Factory needs 300k metric tonnes of sugar cane to operate’

The Komenda Sugar Factory will need close to three hundred thousand (300.000.00) metric tonnes of sugar cane to be fully operational, a University of Cape Coast (UCC) research has said. Disclosing the findings of the...

Ghanaian firm to host blockchain masterclass in 4 African Cities

Wryze Blockchain Solutions Ltd, a Ghana-based blockchain company is billed to hold its second blockchain masterclass in Accra, Johannesburg, Nairobi, Conakry and Cairo. The major currencies include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and...

AirtelTigo will provide superior customer experience – Mgt

Telecom Company, AirtelTigo, says it aims to provide superior customer experience with improved network coverage, which creates a meaningful differentiation from its competitors. “Through our combined network, we will offer wider and improved coverage and...

Tarkwa Youth demonstrate against Goldfields over contract mining

Over five hundred youth from Tarkwa Nsuaem Municipality and adjoining communities in the Western Region have taken to the streets to demonstrate against Goldfields Company Limited. Addressing the demonstrators to present a petition to President...