HomeBusiness

Business

Ken Ofori-Atta wins African Finance Minister of the year award

Ghana’s Finance Minister, Ken Ofori-Atta has been awarded the prestigious African Finance Minister of the year at the Annual African Development Bank (AfDB) Meeting...

GPHA regains 30% shares in Marine Ports Service

The shareholding structure of the major service provider of the port, Maritime Ports Service (MPS) has been renegotiated by the Ghana Ports and Harbours...

Gov’t not aiming at collapsing your business – NPA to LPG operators

The Chief Executive Officer (CEO) of the National Petroleum Agency (NPA), Alhassan Tampuli has called on gas service stations to be rest assured that...

Help indigenous banks grow and survive – Akufo-Addo to BoG

The President, Nana Addo Dankwa Akufo-Addo, has charged the Bank of Ghana to help indigenous banks to grow and survive, as part of the...

LPG operators strike today

Members of the Ghana Liquefied Petroleum Gas (LPG) Operators Association (GLiPGOA) have begun an indefinite strike starting on today Monday, May 21, 2018.National Vice...

Naomi Amoah wins MTN Heroes of Change 4

Founder and CEO of Royal Seed Foundation at Kasoa, Naomi Esi Aku Amoah has emerged winner of the ultimate prize of GHC100,000 in the...

2018 GDP projected to hit 7%

In spite of government’s projection of real Gross Domestic Product (GDP) at an average rate of 6.2 per cent between 2018 and 2021, researchers...

Vodafone takes huge lead in MoMo interoperability usage

Within first six days of the launch of Mobile Money Interoperability, the platform recorded exactly 22,919 successful transfers, and more than half of that,...

Cummins Selects Agility Warehouse Park in Ghana for Regional DC

Agility, a leading global logistics provider, has leased warehouse space in the Agility Warehouse Park in Ghana to Cummins for a new West African...

AUDIO: Dept Agric Minister admits challenges with maize pricing

Deputy Agric Minister, George Oduro, has admitted that there are challenges with maize pricing in the country but says there is no shortage.According to...

MoMo Interoperability for collaboration, not competition – Telcos

Telecom operators in the country say they see mobile money interoperability as a platform for collaboration to fight cash and not for competition among...

Tuobodom tomato farmers threaten suicide over importations

Tomato farmers at Tuobodom in the Techiman North in the Brong Ahafo Region are distressed for the lack of market for their produce, following...

Indigenous banks want more time to pay GHC400m minimum capital

The ten indigenous universal banks in Ghana are asking for an extension of the deadline for them to meet Bank of Ghana's GHC400 million...

77% transactions on Ecobank is digital – MD

Ecobank Ghana Managing Director, Dan Sackey has said currently 77 per cent of all transactions with the bank are digital.He told journalists at the...

ECOBANK to pay GHC400m minimum capital June

Ecobank Ghana said it is set to pay the GHC400 million minimum capital requirement (MCR) by the Bank of Ghana June this year.All banks...

Maize shortage due to hoarding by farmers Deputy Minister

The Food and Agriculture Ministry is blaming farmers for the seeming shortage of maize in the counry.A Deputy Minister, George Oduro, says farmers have...

I nearly slapped an ‘unprofessional’ immigration officer – GUTA Chairman

The Chairman of the Greater Accra chapter of the Ghana Union Traders Association (GUTA) has said that he nearly slapped an immigration officer at...

Poultry farmers cry over maize shortage

Mr. David Kwabena Ampofo is an anxious poultry farmer. The price of maize is making it difficult to feed his hungry 150,000 birds.In this business,...

No more hassle: You can now send, receive mobile money across different networks

Users of mobile money will, from today, be able to send and receive mobile money across networks without any hassle with the launch of...

Taskforce to clamp down foreign retailers to be inaugurated on Friday – GUTA

A taskforce to clamp down on foreign retailers in Ghanaian markets is set to be inaugurated this Friday 11th May, 2018, an Executive Member...

Gov’t completes successful Eurobond roadshow; deal to be announced soon

The government will, in the coming days, issue Ghana’s 2018 sovereign bond after a successful deal roadshow.The exercise, which seeks to raise some $750...

Gov’t gets $400m Chinese credit to kick-start 1D1F; 22 projects earmarked

Trade Minister, Alan Kyerematen, has signed a $400 million turnkey financing facility with China National Building Materials Corporation (CNBM) for 22 enterprise projects under the...

Open Letter to BOG Boss: Don’t make Ghanaians spectators of finance industry

Hello Dr. Governor, I dare say that whereas the GHC400 million (US$88.5 million) minimum capital requirement (MCR) you have placed on banks is not a...

Bids open for Ghana-Burkina Faso rail project

The plan to connect Ghana and Burkina Faso by rail has been taken a notch higher following the opening of an international competitive tender...

Music producer Hammer now sells bread

Hammer, one of the music producers who played a very influential role in the advent of hiplife has found a new job.After many years...

Erratic power supply hampers industrialisation in rural areas

Businesses expanding or seeking to extend their operations into rural communities are skeptical of their prospects with the prevailing situation of unreliable power supply...

Residents threaten to vote out Haruna Iddrisu

Residents of Sagnarigu-Dungu in the Tamale south constituency of the Northern region are threatening to vote out their Member of Parliament, Haruna Iddrisu, for...

Uber tells driver-partners: we will not adjust 25% service fee

Uber today said they will not adjust their 25% service fee the driver-partners in Ghana are complaining about.It would be recalled that earlier this...

Kuapa Kokoo to introduce tele agric technology to boost cocoa farming

The Executive Secretary of Kuapa Kokoo, Nelson Adubofour, says they have introduced a Tele Agric Technology to help cocoa farming in the country.The move,...

Barclays Africa becomes first major bank to ditch KPMG SA

Barclays Africa has ditched KPMG SA as its external auditor, citing the recent developments around the embattled auditing firm.Barclays Africa is the first major...

Oradian’s cloud-based toolset to improve financial inclusion in Ghana

As part of its efforts to promote financial inclusion in Ghana, Oradian, a financial inclusion has commerced operations in Ghana.Microfinance institutions, Microfinance banks, savings...

Ex-workers of GPHA blame Mahama for unpaid benefits since 2002

The over 3,000 ex-workers of the Ghana Ports and Harbours Authority (GPHA) whose full benefits have remained unpaid since their retrenchment in 2002 have...

Beggars should be taxed’ – GRA official

An official of the Ghana Revenue Authority (GRA) in the Northern Region, has stated that in broadening the tax net, even beggars in the...

MASLOC Boss receives top award

The Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC) has been adjudged the Microfinance and Small Loans CEO of the year. Mr....

March PPi inches down to 3.7%

The Producer Price Inflation (PPI) for March 2018 was 3.7 percent, Mr Anthony Amuzu, Deputy Government Statistician has revealed. This rate represents a 1.8 percentage...

Ghana’s debt hits distress levels – 3 years in a row

Ghana has maintained its status as a high-risk,...

Ghana's debt hits distress levels – 3 years in a row

Ghana has maintained its status as a high-risk, debt-distress country after first making it onto the infamous list of countries whose debt burdens had...

Ghana's debt hits distress levels – 3 years in a row

Ghana has maintained its status as a high-risk, debt-distress country after first making it onto the infamous list of countries whose debt burdens had...

AUDIO: Suggestions to revive ailing textile industry welcomed- Trade Ministry to textile workers union

The Trade Ministry has indicated its readiness to find the best and lasting solution to the challenges in the textile industry. Deputy Trade Minister, Carlos...

Just in: Uber drivers in Ghana on sitdown strike over 25% commission

Scores of Uber drivers massed up at the offices of Uber in Accra on Wednesday, April 25, 2018. The drivers who were on a sit...