NCA formally notifies Kasapa of plans to ‘terminate licence’
National Communications Authority (NCA) has warned Kasapa Telecom that due to its inability to meet regulatory licence obligations, there is currently an ongoing process...
Komenda Sugar Factory remains shut two years after inauguration
The Komenda Sugar Factory, set up to provide 7,300 direct and indirect jobs, remains shut, two years after its inauguration.
Sugarcane farmers and the people...
Ghana seeks to barter bauxite for roads, bridges
Ghana will finalize details of an infrastructure program before the end of the year and will pay for it with refined bauxite, said President...
BMW Club Ghana launched in Accra
A club for owners of BMW-automobile and individuals passionate about the global brand has been launched in Accra Tuesday.
Christened BMW Club Ghana, the group is...
VIDEO: Womens World Banking offers collateral free loans to women
Womens World Banking Ghana is offering collateral free loans to women across the country.
The aim, according to the Chief Executive Officer (CEO) of the...
ADB dismisses uniBank takeover report
The management of the Agricultural Development Bank (ADB) has dismissed reports claiming that uniBank has taken over 51 percent shares.
Reports indicate that uniBank has...
Coca-Cola to make its first alcoholic drink
Coca-Cola is planning to produce an alcoholic drink for the first time in the company's 125-year history - with an alcopop-style product in Japan.
It...
Tariff reduction is proof ECG does not need private sector participation – Dr Manteaw
Campaign Coordinator for Integrated Social Development Center (ISODEC), Dr. Steve Manteaw, believes the ongoing process to cede part of ECG’s operations to private hands...
uniBank takes over ADB
In an unexpected move that could be the beginning of a restructuring of the local banking space, a consortium of financial institutions that control...
Sefwi Wiawso Traditional Council to honour BOST MD
The Sefwi Wiawso Traditional Council will honour Bulk Oil Storage and Transportation Managing Director, Alfred Obeng Boateng for his contributions toward the development of the...
Stolen cars, oil head to Ghana – OECD report
Ghana and two other countries serve as the most popular destinations for stolen cars, a new report by the Organisation for Economic Cooperation and...
22nd Int’l Trade Fair opens with over 600 exhibitors
The 22nd Ghana International Trade Fair and Exhibition has opened in Accra with about 600 exhibitors displaying various goods and services.
According to the Ghana...
Revenue target of GH¢ 39.8bn achievable — GRA Commissioner-General
The Commissioner-General of the Ghana Revenue Authority (GRA), Mr Emmanuel Kofi Nti, has indicated that the authority’s revenue target of GH¢39.8 billion is achievable.
It...
AUDIO: Tomato traders raise red flags over tomatoes import from Burkina Faso
The National Tomatoes Traders and Transporters Association (NTTTA) are raising red flags over the volume of tomato imports into the country from neighbour country,...
FPSOs act as buffer for marine protection – Fisheries Director
Western Regional Director of Fisheries Commission, Mr Alex Sabah, has said the Floating, Production, Storage and Offloading (FPSOs) Vessels on the high seas are...
Supreme Court upholds SIC Insurance’s case against Ivory Finance Company
The Supreme Court in a unanimous decision upheld SIC’s appeal against Ivory Finance Company Ltd regarding a credit guarantee case which has been in...
World Bank commends Ghana’s ‘positive’ economic growth
The World Bank has hailed Ghana’s economic growth for 2017, describing it as “positive”.
The World Bank Country Director for Ghana, Liberia, and Sierra Leone,...
Kasapreko sponsors top distributors to South-Africa
The leading alcoholic beverage manufacturer in Ghana, Kasapreko Company Limited has sponsored its major distributors and their spouses on a trip to South-Africa.
The tour...
VRA to ‘sell’ non-core businesses
The country’s largest power producer, the Volta River Authority (VRA), is seeking to privatize most of its non-core businesses, as the Authority strategises to...
Fuel prices drop marginally at the pumps
Checks by Citi Business News at some major Oil Marketing Companies(OMC) show that petroleum prices have dropped by less than one cedi at the...
Inflation drops to 10.3% from 11.8%
Latest data from the Ghana statistical Service has revealed that inflation has dropped from 11.8 percent to 10.3 percent for the month of January.
This...
Tang Palace Hotel holds ‘be my valentine’
The management of Tang Palace Hotel in Accra is set to hold the maiden edition of the ‘be my valentine’ event.
The event which will...
Registrar General rakes in GH¢75.2m in 2017
The Registrar General’s Department recorded about GH¢75.2 million in revenue for the 2017 calender year.
The department registered about 86, 914 new companies in 2017...
Utility service providers demand 200% increase in tariffs
Utility service providers in the country are demanding an upward adjustment in their tariff, despite assurances given by the President to reduce electricity tariff.
The...
One-Village-One Dam project to begin this year
The much touted campaign promise of the ruling New Patriotic Party (NPP) to construct a dam in every village in the three Northern regions...
Ken Ofori Attah proving to be national asset
President Akufo-Addo has said that Finance Minister, Ken Ofori Atta is proving to be a national asset.
Delivering his second state of the Nations Address,...
IMF programme to end this year- Akufo-Addo
President Akufo-Addo has announced Ghana’s three-year IMF-supported Extended Credit Facility Programme which begun in 2015 will end this year.
This, he explained is due the...
Accra City Hotel to construct multi-purpose conference facility
Accra City Hotel, a multiple award-winning Ghanaian Four-star brand is set to begin the construction of a multi-purpose facility aimed at attracting and hosting...
Court orders arrest of DKM CEO, 4 others for defrauding
The Sunyani Magistrate Court “A” has issued a bench warrant for the arrest of Martin K. Delleh, Chief Executive Officer of DKM Diamond Micro...
Customs urged to promote international trade
The Customs Service Division of the Ghana Revenue Authority (GRA) has been urged to remove all barriers to trade and promote a conducive environment...
Finchcoin, first indigenized crypto currency launched
Ghana’s first indigenized crypto currency Finchcoin has been launched in Accra Wednesday.
Finchcoin Ghana Limited, the entity behind this currency hopes to make more Ghanaians...
VALENTINE! A MAJOR CONSUMER HOLIDAY
Saint Valentine's Day, also called Valentine's Day or the Feast of Saint Valentine, is an annual celebration of love on February 14. Although, Valentine’s...
NPA to recall all gas cylinders in Ghana
Chief Executive Officer of the National Petroleum Authority, Hassan Tampuli, has said the NPA will be recalling all cylinders in Ghana as part of...
Ghana Petroleum Fund yields $7.03 million in 2017 – Report
The total net profit on the Ghana Petroleum Fund for January to September 2017 was US$7.03 million, according to a report by the Ministry...
Govt erred in announcing tariff reduction – ISODEC
The Integrated Social Development Centre (ISODEC) says government breached sections of the law by announcing electricity tariff reduction.
According to its policy analyst, Dr. Steve...
Jumia partners MTN to show love to customers
The season of Love is fast approaching and MTN & Jumia are not holding back at all in telling their cherished customers that they...
OmniBank holds SME Clinic for heads of educational institutions
Heads of educational institutions across the country have been schooled on prudent financial management practices to enable them manage their schools better.
The programme under...
COCOBOD not considering reduction in cocoa prices
The Ghana Cocoa Board (COCOBOD) has refuted claims of a possible decrease in producer price of cocoa to farmers.
COCOBOD says although the review committee...
Make more money while at your usual job
Selling online has never been easier. Most people make the mistake of setting up an e-commerce website even when they have zero online presence....
Volta GJA meets regional minister, deputy over collapsing local businesses
The Volta Regional Minister, Dr Archibald Letsa has pledged government’s commitment towards revamping industries in the region.
The Volta Stars Textile Limited, the Akule Shoe Factory,...