The Ministry of Finance has announced the passage of the Public Financial Management (Amendment) Act, 2025, a landmark legislation aimed at bolstering fiscal discipline, accountability, and ensuring long-term economic stability in Ghana. This comprehensive reform introduces stricter oversight mechanisms, enforces rigorous fiscal responsibility rules, and establishes an independent Fiscal Council to enhance transparency and compliance. […] The post Ghana
The $4 billion project was the Biden administration’s signature initiative in Africa. Early signs are that the Trump team supports it, too, for mineral access if nothing else.
President John Dramani Mahama has served notice that government will crack down on persons who have built in waterways and other unauthorised places. The illegal construction of buildings in waterways, causing flooding and extensive destruction of property, he said was troubling and needed to be addressed. Addressing the Muslim Umah after the Eid-Ul-Fitr prayers in … The post Curbing
Roads Minister, Kwame Governs Agbodza has ordered two local contractors, First Sky and Ozwald to immediately mobilise to the site to begin road construction works on the Ashaiman-Afienya stretch and the Tema Motorway to Dawhyena stretch. The move is expected to bring significant relief to road users in those areas who have to endure hours […] The post Roads
Interior Ministry has denied social media claims that pastors and individuals have special privileges to bypass security checks, urging the public to disregard misinformation. The post No security exemptions for pastors, individuals – Interior Ministry declares first appeared on 3News.
EPA Acting CEO Prof. Nana Ama Klutse has reaffirmed a strict crackdown on illegal mining, stating no one, including politicians, will be spared if found violating environmental laws. The post Politicians won’t be spared – EPA boss pledges tough stance on illegal mining first appeared on 3News.
to enhance monetary policy transmission as benchmark MPR goes up to 28% By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU The Bank of Ghana (BoG) has announced a series of additional operational measures aimed at strengthening liquidity management and improving the transmission of monetary policy. This comes as the central bank raised its monetary […] The post BoG introduces additional
By Joshua Worlasi AMLANU joshua.amlanu@thebftonline.com A US$600million iron ore project is set to commence by the end of 2025. The initiative aims to reduce the country’s reliance on imported steel products. Ghana has significant iron ore reserves, estimated at 1.7 billion tonnes primarily located in regions like the Savanah and Oti, with an iron content […] The post US$600m iron ore project
The Ghana Bauxite Company Limited at Awaso in the Western North Region, has announced plans to build a bauxite refinery, marking a significant milestone in the Company’s quest for value addition. This announcement was made by the General Manager of the Company, Alexander Gyedu during the official opening of the Community Relations Office by the […] The post Ghana
By Deborah Asantewaah SARFO MTN Ghana has reported a 34.5 percent year-on-year increase in service revenue for the 2024 financial year, raising shareholder dividends from 17.5 pesewas to 24 pesewas per share despite rising inflation, cedi depreciation and other economic challenges. The payment of final dividends is scheduled for April 16, 2025, bringing the total […] The post MTN reports 34.5% revenue surge
As the global community ratchets up efforts to reduce greenhouse gas emissions, the transition to green and cleaner energies must not negatively affect food security especially for developing and vulnerable countries. This is because access to nutritious food in adequate quantities by all those who need it is a fundamental human right – a fact […] The post Green
…Ing. Sophia Abena Tijani elected as president-elect As part of activities of the 2025 Engineering Conference and AGM, the Ghana Institution of Engineering (GhIE) has held an Investiture ceremony for the new President of the Institution, Ing. Ludwig Annang Hesse, as the 53rd President of GhIE, at the Engineering Centre in Accra . He succeeds […] The post Ing. Ludwig Annang Hesse
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