HomeBusinessBusiness

Business

Alan Kyerematen makes passionate appeal to BoG, Finance Ministry

Minister of Trade and Industry, Alan Kyerematen, has made a passionate appeal to the Bank of Ghana and the Ministry of Finance to join...

Extend 1D1F benefits to Dzata cement – Majority Leader

Majority Leader in Parliament, Osei Kyei-Mensah-Bonsu, has urged the government to extend benefits of the One District One Factory (ID1F) initiative to Dzata Cement, a...

E-levy: Govt fails to meet revenue target

A leading member of the New Patriotic Party, Gabby Asare Otchere-Darko, has disclosed that the Electronic Transactions Levy (e-levy) has generated less than ¢60 million, close...

Russia facing debt as deadline for payment passes

Russia has defaulted on its overseas debt for the first time in more than a century after missing a Sunday deadline, reports suggest.Russia has...

37 million people in Japan urged to switch off lights

Japan's government has urged people in Tokyo and its surrounding area to use less electricity on Monday, as it warned that supplies will be...

US firms pledge to pay abortion expenses

Major companies including Disney, JP Morgan and Facebook owner Meta have told staff they will cover employee travel expenses for abortions, as millions of...

Ghana has one-month crude oil supply – NPA

JoyNews/AdomNews · Ghana has one-month crude oil supply - NPAThe National Petroleum Authority (NPA) has revealed that Ghana currently has a one-month supply of...

SMT Ghana introduces 4 new Volvo heavy-duty trucks range unto the market

SMT Company Limited, the official distributor of Volvo Construction Equipment and Trucks has launch four new Volvo heavy-duty truck ranges with a strong focus...

Toyota recalls electric cars over loose wheels risk

Motor industry giant Toyota is recalling 2,700 of its first mass-produced all-electric vehicles over concerns their wheels may fall off.A spokesperson told the BBC...

Latest Nike brand to leave Russia permanently

Nike has announced plans to leave Russia, becoming the latest Western brand to quit the country since the invasion of Ukraine in February.The US...

Dzata Cement reveals readiness to partner govt

Indigenous Cement firm, Dzata Cement, has made a case for government partnership in solving the country’s infrastructure challenges.According to the company, if some regulatory...

Electric car kills two after falling from an office

Chinese electric carmaker Nio says that two people were killed when one of its vehicles fell from the third floor of its headquarters in...

E-Levy: 8 out of 10 Ghanaians have changed MoMo transaction behaviour – Study

Majority of Ghanaians are said to have changed their behaviour towards the electronic transfer of funds since the E-Levy kicked in back in May...

GTA Survey: 50.4% foreign visitors consider Ghana as expensive destination

Some 50.4% of foreign visitors surveyed by the Ghana Tourism Authority (GTA) at the Kotoka International Airport considered Ghana as an expensive destination in...

Interest rate on MoMo loans to go up

Amid rising interest rates on the money market, Chief Executive Officer of Letshego Ghana, Arnold Parker, has revealed that interest rates on Qwikloans will...

Russia to stop gas supply to Europe

The head of the International Energy Agency has warned that Russia may stop supplying gas to Europe this winter.Fatih Birol says he believes a...

New Tesla plant losing billion of dollars – Elon Musk

Elon Musk says Tesla's new factories in Germany and the US are "losing billions of dollars" due to battery shortages and supply disruptions in...

Government committed to empowering local industries to face emerging global architecture – Bawumia

The Vice President, Dr Mahamudu Bawumia, has reiterated government’s commitment to empowering indigenous industries in order to get them ready for the emergence of...

Agric Minister admits food prices have gone up

The Minister for Food and Agriculture Minister, Dr. Owusu Afriyie Akoto has admitted that the prices of food on the market have gone up.He...

MOMO loan not free money — BoG

Since the introduction of mobile money (MOMO) loans by the telecommunication companies (telecos), some of their customers have taken undue advantage of the opportunity.While some have...

Economy grows by 3.3% in Quarter 1, 2022 – GSS

Ghana’s economy slowdown in growth in the first quarter of this year, compared to the same period last year, provisional data from the Ghana...

Australia to lift electricity suspension as prices eases

Australia's energy market operator says it will lift its suspension of the country's main wholesale electricity market as its power crisis eases.The restrictions will...

Fixon Dennis Laryea: The Marketing manager who moonwalks as a content creator and social media influencer

Dennis Laryea, mostly known as Fixon Dennis is a young man with great dreams and achievements.Dennis started off his career as part of the...

Ghana fuel shortage looms as central bank rations dollars

Ghana faces a looming fuel shortage as the central bank rations dollars after oil prices surged following Russia’s invasion of Ukraine.The monthly fuel import...

Cadbury owner buys US energy bar maker

The owner of British chocolate brand Cadbury has announced that it is buying US energy bar maker Clif Bar & Company for $2.9bn (£2.4bn).Mondelez...

Staff of Rolls Royce to get £2,000 living cost bonus

More than 14,000 staff at Rolls Royce will be given a £2,000 one-off payment to help with the rising cost of living in the...

Government exceeds T-bills target by 16%; records ¢1.541bn sale

Government exceeded its Treasury bills sale target by 16.5%, a week after failing to achieve the target for the auctioning of the short term...

Interior Ministry frustrates banks that have imported armoured vehicles for Cash-in-Transit purposes

The Interior Ministry has refused to give approval for banks that have imported armoured bullion vehicles into the country to take delivery of same...

Transport fares expected to go up by 10%

Transport fares are expected to go up by some 10% later this week if the unionised operators, Ghana Private Road Transport Union and the...

MTN Ghana’s 2022 Y’ello Care to drive economic recovery

Telecommunications giant, MTN-Ghana, has launched the 2022 edition of its flagship staff volunteer programme, ‘21 Days of Y’ello Care’.This year's event will focus on...

Russian gas supply to Italy cut by half

Italy has become the latest of a host of European countries to report further cuts in its Russian gas supply.Italian energy giant Eni said...

Deals on Covid jabs and overfishing agreed by countries

Agreements including waiving patents for Covid vaccines and aiming to reduce overfishing have been passed by the World Trade Organization (WTO).The group of 164...

Victims of ponzi schemes are mostly security personnel – Bank of Ghana

The Bank of Ghana has offered financial literacy training to personnel of the Ghana Immigration Service in the Ashanti region.The training is aimed at...

Elon Musk hints at potential Twitter layoffs

Multi-billionaire Elon Musk has in a meeting with Twitter employees hinted at potential job cuts if his $44bn (£35.8bn) takeover bid for the social...

Komenda sugar factory: Carlos Ahenkorah drops bombshell

The chairman of the Trade and Industry Committee of Parliament, Kingsley Carlos Ahenkorah, has said the Komenda Sugar Factory could not have produced raw...

Ghana pays lowest salaries, sells petrol dearest and runs highest inflation in Africa

Ghana is about the most expensive country to live in in Africa. This is because, while inflation is zooming through the roofs, salaries are...

Netflix to turn Squid Games into TV reality show

Netflix is recruiting participants for a reality TV show inspired by its most popular series of all time, Squid Game.However, it will not be...

Sri Lanka gives workers extra day off to grow food

Sri Lanka is giving government officials an extra day off a week to encourage them to grow food, amid fears of a food shortage.The...

Cement prices to hit ¢66 per bag from today

The price of a 50-kilogram bag of Cement is expected to be increased by more than ¢5 from today to hit ¢66. This is what...

Fuel prices to go up by about 11% from June 16th

Prices of petroleum products are expected to witness one of the biggest jumps in recent times, from Thursday, June 16, 2022.This is based on...