Be bold, name cartel sabotaging Gov’t in petroleum sector – BOST staff challenged
Staff of the Bulk Oil Storage and Transportation (BOST) have been challenged to name members of the supposed cartel that is manipulating fuel prices...
Gov't beats 2017 deficit target
For the first time in seven years, the government has spent less than it budgeted, thanks to a drastic cut in expenditure in response...
Ghanaian barbers are stingy – professional barber
A German-based Ghanaian professional barber, Winfred Nana Karikari said Ghanaian barbers are stingy and they do not spend on their profession.
According to him, Ghanaian...
'Great cartel’ manipulating fuel prices – BOST staff warn government
The Junior and the Senior Staff unions of the Bulk Oil Storage and Transportation Company Limited (BOST), have called on the government to move...
No dividends, as banks struggle to raise GH¢400m
Despite impressive performances in 2017, banks are not likely to deal out dividends this year; at least not so generously, as they struggle to...
Adakabre to lead VIP's strategy as new General Manager
Radio broadcaster, Ernest Frimpong Manso, popularly known as Adakabre, has been appointed General Manager of transport giant, VIP Jeoun Transport Company Limited.
The privately owned...
COCOBOD gets five-member audit committee
A five-member Audit Committee has been inaugurated for the Ghana Cocoa Board (COCOBOD) to ensure adherence to public financial management regulations.
The committee was inaugurated...
Adakabre to lead VIP's strategy as new General Manager
Radio broadcaster, Ernest Frimpong Manso, popularly known as Adakabre, has been appointed General Manager of transport giant, VIP Jeoun Transport Company Limited.
The privately owned...
Barclays Bank posts ¢550 million in profits for 2017
Barclays Bank recorded ¢550 million in profits before tax for 2017, the Bank’s Audited financial statements ending December 2017 has shown.
The bank recorded a...
Agriculture: silver bullet to Ghana’s economic development
Mr Kenneth Kwamina Thompson, Chief Executive Officer of Dalex Financing and Leasing Company (Dalex Finance) has tagged Agriculture as the magic ‘silver bullet’ to...
We will save $60m yearly from renegotiated Karpower deal – Deputy Minister
Though the exact savings from the renegotiation of the Karpower deal from 10 to 20 years are yet to emerge, Ghana will be saving...
OmniBank organizes SME Clinic for Health Institutions
Some health institutions across the country have benefitted from the OmniBank’s SME Clinic in Accra.
The initiative is part of efforts by the SME focused...
Goldstreet Business donates to orphanage
The management and staff of Goldstreet Business, Ghana’s leading business newspaper on Wednesday, March 28, donated foodstuffs and toiletries valued at over GHS13,000 to...
Is Payday = Save Day ?
This certainly isn’t the way we all expected adulthood to be. Comparing the peace and zero responsibility of childhood to the extra stress on...
KMA owes waste companies almost GHS 64m; appeals to gov’t for a bail-out
The Kumasi Metropolitan Assembly (KMA) owes waste management contractors to the tone of 63, 800,000 Ghana Cedis.
The assembly is required to pay, at least...
Bank of Ghana cuts policy rate to 18%
The Monetary Policy Committee of Bank of Ghana has reduced the policy rate by 200 basis point, the bank announced on Monday.
This means the...
Ghana’s debt hits GH¢142.5bn, reaches 69.8% of GDP
New figures released by the Bank of Ghana (BoG) after its Monetary Policy Committee (MPC) meeting show that Ghana’s public debt reached 142.5 billion...
US$2.5b earned from cocoa is abysmally low – Dr. Akoto
The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, has said, Ghana’s US$2.5billion annual earnings from cocoa commodity is abysmally low, even though...
MTN to inject $144M into network infrastructure in 2018
Ghana's leading telecommunication giant, MTN is set to inject over $144 million of capital expenditure towards expanding quality network services.
MTN has a market share...
It’s blackmail: Agyarko condemns allegations against BOST
Energy Minister, Emmanuel Boakye Agyarko, on Thursday, said the allegations against Bulk Oil Storage and Transportation (BOST) amounts to blackmail.
He states: “I cannot sit...
Audio: UniBank abandons plan to consider arbitration
UniBank says it has abandoned plans to consider the option of arbitration over the management takeover of the institution.
This was after the Bank earlier...
Government ‘bans’ importation of frozen chicken
As a policy direction to help revamp the local poultry industry, government has restricted the importation of frozen chicken drastically, Dr. Gyiele Nurah –...
‘BoG intervention in uniBank timely’
The President of the Ghana Association of Bankers (GAB), Mr Alhassan Andani, has backed the move by the Bank of Ghana (BoG) to hand...
GUTA prasies govt over VAT reduction
The Ghana Union of Traders Association (GUTA) has eulogized the Akufo-Addo led government for addressing their concerns.
This was after government scrapped VAT on 64...
Government scraps VAT on 64 commodities
The government has announced that it has since March 1, 2018 scrapped VAT on 64 commodities after consultation with the various stakeholders.
A statement issued...
Panic withdrawals at Unibank branches
Branches of uniBank have opened to panic withdrawals by customers across the country barely a day after it was taken over by the Bank...
Jumia Ghana scoops the digital innovation company of the year award
Jumia Ghana (Africa’s leading ecommerce platform) was announced as the digital innovation company of the year 2017, at the CCI France Ghana Gala &...
UniBank takeover: No customer will lose money – BoG
The Bank of Ghana has assured customers of uniBank that their savings are safe, despite handing over management of the financial outfit to KPMG.
The...
BREAKING: Bank of Ghana takes over Unibank
The Bank of Ghana has announced it has taken over the management of private bank, Unibank.
The Governor of the central bank explained at a...
Ghana is the best destination for investment – Veep
Vice President Dr Mahamudu Bawumia has said Ghana is the best investment destination because government is committed to pursuing business-friendly programmes and policies to...
Gov't clandestinely replaces 1% tax relief with other taxes – Importers boss alleges
Importers are accusing government of charging cut throat prices at the Tema and Takoradi ports.
According to them, the introduction of new taxes by the...
Average base rate for February drops marginally to 24.5% – BoG
The Bank of Ghana on Friday released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and...
Ghanaian businessmen meet India business gurus to attract Investors
As part of efforts aimed at attracting investors to Ghana, Ghana’s High Commissioner to India, Lawyer Mike Ocquaye Junior has invited some ministers, CEOs...
NCA observes World Consumer Rights Day with consumer roadshows
The National Communications Authority (NCA) marked this year’s international World Consumer Rights Day (WCRD), with Road Shows in three regional capitals in the country.
The...
Forestry Commission partners NDF to school timber businessmen
The Forestry Commission is assisting timber industries in Ghana to adhere to laid down regulations in the forestry supply chain.
According to the commission, many...
Akufo-Addo gov't collapsing our businesses – GUTA
The leadership of the Ghana Union of Traders Association (GUTA) has expressed disappointment in the Akufo-Addo led government.
According to them, a capitalist oriented government...
KIA gets third passenger terminal
Over the past four years, the Kotoka International Airport has been the beneficiary of several infrastructural expansion and upgrade projects.
But the most ambitious and...
AGI commends government for reducing tariffs
The Association of Ghana Industries (AGI) has commended government for recently announcing reductions in electricity tariffs across industry and other consumer categories by the...
Ghana named Africa's biggest mobile market
A recent report on the Ghanaian Mobile Sector by Africa’s leading e-commerce company Jumia, has revealed that Ghana is one of Africa’s largest mobile...
Inflation to end at 8% in 2018 – Barclays predicts
While February's inflation rate remains outside the single digit bracket, Barclays says it expects inflation to move to about 8 percent as early as...