40 m. ago Ghana’s SOEs Bleed Billions as Water Losses, Cocoa Deficits Deepen

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-soes-bleed-billions-as-water-losses-cocoa-deficits-deepen/Ghana Water Company Limited wastes over half the treated water it produces daily for Greater Accra residents. Managing Director revealed the utility loses 73 million gallons each day through theft, illegal connections, and crumbling pipes, despite producing roughly 140 million gallons. Only about 67 million gallons are properly accounted for and billed. This massive leakage […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghanas-soes-bleed-billions-as-water-losses-cocoa-deficits-deepen/

Politics

3 h. ago HORDS PLC Deepens Losses Amid Cost Surge Despite Revenue Jump

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-deepens-losses-amid-cost-surge-despite-revenue-jump/Ghanaian manufacturing firm HORDS PLC reported a widened net loss of GH¢657,053 for the first quarter of 2025, deepening last year’s GH¢571,777 deficit despite a fivefold revenue surge. The unaudited results show sales climbing to GH¢1.36 million from GH¢249,713 in early 2024, but crippling production costs of GH¢1.81 million erased gains, triggering a GH¢457,722 gross […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/hords-plc-deepens-losses-amid-cost-surge-despite-revenue-jump/

Politics

7 h. ago AI Companion App Revenue Nears US$120 Million as Loneliness Market Grows

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ai-companion-app-revenue-nears-us120-million-as-loneliness-market-grows/Digital companionship is becoming big business. Revenue from AI “companion” apps hit $82 million in the first half of 2025 and is projected to surpass $120 million by year-end, according to app intelligence firm Appfigures. The niche now includes 337 active revenue-generating apps worldwide, with 128 launching this year alone. Unlike general chatbots, these apps […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ai-companion-app-revenue-nears-us120-million-as-loneliness-market-grows/

Economics

8 h. ago Ghana Cracks Down on Illegal Fuel Operations Amid Safety Fears

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cracks-down-on-illegal-fuel-operations-amid-safety-fears/Ghana’s National Petroleum Authority (NPA) has declared war on illicit fuel storage and sales, warning unlicensed operators face immediate shutdowns. In a public notice issued August 12, the regulator revealed a surge in illegal petroleum activities—from covert storage depots to unauthorized retail points—threatening public safety and market stability. “These operations bypass safety protocols, risking explosions […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cracks-down-on-illegal-fuel-operations-amid-safety-fears/

Events

9 h. ago Austrian Ambassador visits Academic City to explore partnership opportunities

The Austrian Ambassador to Ghana, Jurgen Heissel, has paid a courtesy visit to Academic City University to explore opportunities for deepening collaboration between Austria and the university.

Politics

9 h. ago Ghana Cocoa Farmers See Little Gain from Price Surge, IMANI Reveals

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/Record cocoa prices won’t automatically rescue Ghana’s struggling farmers, policy think tank IMANI Africa warns. Despite the government hiking producer prices, most smallholders still earn as little as GHC 5.90 daily per hectare barely enough to cover costs. The problem isn’t prices but productivity, IMANI stresses. With 70% of farmers tending plots under two hectares, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/

Politics

15 h. ago Musk threatens Apple and calls OpenAI boss a liar as feud deepens

X owner Elon Musk has threatened Apple with legal action after claiming it had made it "impossible" for apps to compete with ChatGPT-maker OpenAI in its App Store.

Events

16 h. ago US deficit grows to $291bn in July despite tariff revenue surge

 The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump's tariffs, with outlays growing faster than receipts, the Treasury Department said on Tuesday.

Politics

25 h. ago Chamber of Young Entrepreneurs bemoans high cost of lending in new BoG report

The Ghana Chamber of Young Entrepreneurs has described lending rates to small and medium enterprises (SMEs) as daunting and one which stifles growth. The chamber’s comment follows a publication by the Bank of Ghana, stating that commercial banks offered loans at annualized Percentage rates from 17% to as high as 45% at the end of […]

Politics

25 h. ago Ghana Equities Stall After Record July Surge as Access Bank Approves Dividend

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-equities-stall-after-record-july-surge-as-access-bank-approves-dividend/Ghana’s stock market held flat on Tuesday, August 12, with the GSE Composite Index unchanged at 7,411.94 points a pause following July’s explosive 11.9% rally. Trading volume reached 8.7 million shares (GH¢34.6 million), dominated by MTN Ghana (85% of value) at a steady GH¢3.95. Only eight equities saw activity, including static prices for Standard Chartered […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ghana-equities-stall-after-record-july-surge-as-access-bank-approves-dividend/

Politics

26 h. ago Kotoko’s Title Hopes Derailed by Devastating Fan Loss, Says Former Columnist

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/kotokos-title-hopes-derailed-by-devastating-fan-loss-says-former-columnist/Former Kotoko Express writer Kojo Addae Mensah believes Asante Kotoko’s failure to win last season’s Ghana Premier League stemmed from the emotional toll of superfan “Pooley”’s death. The Porcupine Warriors led the campaign early but faltered after the tragedy. “Pooley obviously derailed us,” Mensah stated on Radio Univers. “We were on track until that unfortunate […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/kotokos-title-hopes-derailed-by-devastating-fan-loss-says-former-columnist/

Sport

26 h. ago US Embassy deepens media engagement with PRINPAG, clarifies policy changes

The United States (US) Embassy in Ghana is stepping up its media outreach efforts, seeking stronger ties with the country’s private press and offering clarity on evolving U.S. policies, particularly in the areas of diplomacy, trade, and visa regulations. During a working visit to the National Secretariat of the Private Newspapers and Online News Publishers […]

Events

26 h. ago Ghana Grapples with GH₵5 Billion Tax Exemption Cost Amid Jobs Crisis

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-grapples-with-gh%e2%82%b55-billion-tax-exemption-cost-amid-jobs-crisis/Ghana is sacrificing nearly GH₵5 billion in potential tax revenue annually through exemptions, even as the nation struggles with high unemployment and urgent fiscal pressures. The government forfeited roughly GH₵4.6 billion in 2023 under the Ghana Exemptions Act, 2022 a slight dip from GH₵4.8 billion in 2022 but still equivalent to about 3.9% of GDP, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-grapples-with-gh%e2%82%b55-billion-tax-exemption-cost-amid-jobs-crisis/

Economics

27 h. ago Ghana Pension Assets Cross GH¢86 Billion on Enforcement Push

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pension-assets-cross-gh%c2%a286-billion-on-enforcement-push/Ghana’s pension industry shattered records in 2024, reaching a total of GH¢86.23 billion in assets under management. This marks a substantial 39.5% increase from the GH¢61.8 billion recorded just a year earlier, as detailed in the latest Financial Sector Report. The surge stems from multiple factors working in concert. Authorities intensified enforcement against employers dodging […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pension-assets-cross-gh%c2%a286-billion-on-enforcement-push/

Economics

31 h. ago Abuakwa South MP Urges National Galamsey Action with the Gravitas of Mourning

News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/abuakwa-south-mp-urges-national-galamsey-action-with-the-gravitas-of-mourning/In a deeply poignant statement following the tragic helicopter crash that claimed eight lives — including the Ministers for Defence and Environment — Dr. Kingsley Agyemang (MP, Abuakwa South) has called for a resolute and unwavering response to illegal mining (galamsey), grounded in the same urgency as national mourning. Dr. Agyemang, who mourned the loss […] News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/abuakwa-south-mp-urges-national-galamsey-action-with-the-gravitas-of-mourning/

Politics

31 h. ago Republic Bank Backs Ghana’s First Iron Ore Exploration Success

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/republic-bank-backs-ghanas-first-iron-ore-exploration-success/In Ghana’s Oti Region, a landmark drilling phase for the country’s inaugural iron ore resource estimation has concluded, funded entirely by Republic Bank (Ghana) PLC. The project, led by local firm Africa Exploration and Minerals Group Ltd (AEMG), unfolded at the Gyamurume Iron Ore Block and signals Ghana’s entry into the global iron and steel […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/republic-bank-backs-ghanas-first-iron-ore-exploration-success/

Politics

31 h. ago ANC’s Failure Fuels South Africa’s Xenophobia Crisis, Analysts Warn

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ancs-failure-fuels-south-africas-xenophobia-crisis-analysts-warn/South Africa’s recurring xenophobic violence stems not from inherent malice among its poor, but from decades of systemic governance failure and deepening inequality under ANC leadership, political economists argue. With unemployment exceeding 30%, a Gini coefficient of 0.63 ranking among the world’s highest, and a quarter of citizens in extreme poverty, the conditions for explosive […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ancs-failure-fuels-south-africas-xenophobia-crisis-analysts-warn/

Events

34 h. ago Paul Afoko mourns with Asante Kingdom after passing of Asantehemaa

Awentami Paul Afoko, former National Chairman of the New Patriotic Party (NPP), has expressed deep sorrow over the passing of Asantehemaa, Nana Konadu Yiadom III. In a statement, he acknowledged the personal and national significance of her loss, describing it as a “devastating blow” to the Asantehene, Otumfuo Osei Tutu II, who tragically lost his […]

Politics

36 h. ago Goldstar Air Mourns With Ghanaians Over The Loss Of Eight Precious Lives In The Recent Helicopter Crash

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/goldstar-air-mourns-with-ghanaians-over-the-loss-of-eight-precious-lives-in-the-recent-helicopter-crash/Ghanaian and United States registered company Goldstar Air, a private international airline with an issued Air Carrier Licence from the Ghana Civil Aviation Authority, has been shaken to the core by the devastating news of the helicopter crash on Wednesday, August 6, 2025, which claimed the lives of eight cherished individuals, leaving behind not only […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/goldstar-air-mourns-with-ghanaians-over-the-loss-of-eight-precious-lives-in-the-recent-helicopter-crash/

Events

37 h. ago Ghana’s Cedi Surge Masks Underlying Economic Fault Lines, Analysts Warn

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-cedi-surge-masks-underlying-economic-fault-lines-analysts-warn/Ghana’s currency has staged a remarkable comeback this year, strengthening by over 42% against the US dollar in the first half of 2025. This marks the strongest performance of any major currency in sub-Saharan Africa, bringing a welcome sense of stability after prolonged turbulence. Financial analysts at Emerging Markets Advisory point to a confluence of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-cedi-surge-masks-underlying-economic-fault-lines-analysts-warn/

Events