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FULL TEXT: Akufo-Addo’s speech at Kumasi City Mall opening ceremony

REMARKS BY THE PRESIDENT OF THE REPUBLIC, NANA ADDO DANKWA AKUFO-ADDO, AT THE FORMAL OPENING OF THE KUMASI CITY MALL, ON WEDNESDAY, 10TH MAY,...

Owusu Bempah is new Ghana Gas Communications Director

The Communications director for the National Democratic Party (NDP) Ernest Owusu Bempah has been appointed director of communications for the Ghana Gas Company by...

Akufo-Addo commissions Kumasi City Mall today

President Akufo-Addo will today, Wednesday May 10,2017 join the Asantehene Otumfuo Osei Tutu to commission the Kumasi City mall.Addressing the media on the ceremony,...

High tariffs endanger power export agenda

The country’s attempt to export power to its neighbouring countries will suffer a major setback if tariff differentials between independent power producers (IPPs) signed...

National ID will cut banking cost, boost financial inclusion – Ecobank Boss

Ecobank Ghana Boss, Daniel Kwei-Kumah Sackey has urged government to commit to its promise of delivering the National Identification Cards this year because it...

Accra Brewery’s Beta Malt gets new look

Ghana’s premier brewery, Accra Brewery Limited, (ABL), has launched a new brand campaign for its non-alcoholic malt beverage, Beta Malt, dubbed “The Only Way...

Minister for Communications pays working visit To NCA

The Minister for Communications, Mrs Ursula Owusu-Ekuful, on Monday 8th May, 2017, paid a working visit to the National Communications Authority (NCA). Accompanying her...

132,500 barrels of oil produced daily in first quarter

Gross sales volumes of crude oil in the first quarter of 2017 averaged approximately 132,500 barrels of oil per day (bopd).This comprises 82,500 bopd...

Contractors owed GH¢1.3bn – Report

Contractors engaged by government for the execution of various projects across the country are owed Ghc1.3 billion as at December 2016, the Parliamentary Select...

‘Second revival coming to Komenda sugar factory’

The Akufo-Addo government has assured, it will revive the Komenda Sugar factory after it was shut down last year for reasons blamed on the...

Bank savings accounts are not investment accounts

Savings consists of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income he...

CDH boss is Group CEO of Year 2016

The Group Chief Executive of CDH Financial Holdings Limited, Emmanuel Adu-Sarkodee has won the prestigious and coveted Group Chief Executive Officer of the Year...

World Bank gives Ghana $1.2bn

The World Bank’s International Development Association (IDA) will provide Ghana with an amount of $1.2 billion from July 2017 to June 2020 to support...

12m people without pension as fund managers, telco devise new strategy

An estimated 12 million people in the informal sector of the economy are without any form of pension, a situation that leads to loss...

26,000 ‘ghost’ workers miss deadline again

Checks by Citi Business News have revealed that most of the 26,000 public sector workers who were to miss their April salaries over failure...

Ghana steps up efforts to avert food insecurity

As Ghana steps up efforts to avert food insecurity, the Ministry of Food and Agriculture (MoFA) has launched a five year flagship program dubbed...

World Bank gives Ghana $1.2bn over the next 3 years

The World Bank’s International Development Association (IDA) has committed US$1.2 billion to support Ghana’s economy over the next three years.The allocation, which will span...

Plastic waste threatens Ghana’s fishing industry

Fishermen at Teshie, like in many other fishing communities in Ghana, have been plagued by plastic waste.Walking down any street in towns and cities...

Hackman Owusu Agyemang condemns shoddy work in COCOBOD housing project

Chairman of the COCOBOD Hackman Owusu Agyemang has expressed dissatisfaction in the quality of the ongoing Cocoa Housing Project at Tema.COCOBOD is undertaking a...

Alomo Bitters named brand of the year at Ghana Manufacturing Awards

Leading Ghanaian-owned beverage manufacturer Kasapreko Company Limited and its Founder Dr Kwabena Adjei last weekend took home two coveted awards at the recent Ghana...

Kasapreko, Dr Adjei win honours at Ghana Manufacturing Awards

Leading Ghanaian-owned beverage manufacturer Kasapreko Company Limited and its Founder Dr Kwabena Adjei last weekend took home two coveted awards at the recent Ghana...

We didn’t sell Adonko Bitters to people below 18 years – Angel Group

Angel Group of Companies, producers of Adonko Bitters alcoholic drink, said it did not sell the product to minors during the ‘Easter Monday Aseda...

EPA wages war on unhygienic food vendors

Environmental health officers in the Kumasi metropolis have vowed to clamp down on food vendors who operate under insanitary conditions.The officers have also begun...

University of Energy develops bio-plastic

The University of Energy and Natural Resources (UENR) in Sunyani has developed a bio-plastic, made out of corn starch and degrades within a reasonable...

MTN caution customers against giving out Mobile Money PIN on phone

MTN Ghana Head of Mobile Money, Eli Hini has cautioned customers against giving out their Mobile Money PIN to people who call them on...

CPC on the verge of collapse over 90 million dollar debt

Cocoa Processing Company Limited (CPC) is crumbling under 90 million dollar debt accrued over the last 8 years.The CPC owes some syndicated banks led...

Association of alcohol manufacturers commends FDA probe into Adonko Bitters saga

The Association of Alcohol Manufacturers and Importers (AAMI) says it has observed with concern the recent media publications about alcohol abuse at an event...

Gov’t likely to extend IMF programme

JOYBUSINESS is reliably informed that government is expected to extend programme with the International Monetary Fund (IMF) which should be ending in April next...

Lotto Agents call on Director General of NLA

The Director-General of the National Lottery Authority (NLA), Kofi Osei-Ameyaw has held discussions with the Executive Secretary of the Concerned Lotto Agents Association of...

Golden Tulip Accra marks May Day with Selewa African Market

The Golden Tulip Hotel in Accra marked this year's May Day by hosting the Selewa African Market which afforded over 30 vendors the opportunity to...

Newmont Africa advances growth projects to increase profitable production at Ahafo

 Newmont Africa has announced plans to build a new underground mine and expand processing capacity at its Ahafo operations by more than 50 percent.According...

Government’s ECG concession review arrangements better – ISODEC

The Integrated Social Development Centre (ISODEC), has said that the government’s decision to review portions of the Electricity Company of Ghana’s (ECG) concession agreement...

We are on track to stabilize Cedi – Bawumia

Vice President Dr. Mahamudu Bawumia has stated that government is on track to restoring the country’s economy by stabilising the cedi and reducing inflation...

Ibrahim Mahama settled debt ahead of court hearing – SSNIT

Engineers & Planners Company Limited settled arrears owed the Social Security and National Insurance Trust (SSNIT) a day before hearing was to take place  at...

Gov’t, partners set to provide 15,000 affordable houses

Government is working with three private partners to provide 15,000 affordable housing units in parts of the country under a US$1.5 billion program.The 10-year...

Adonko Bitters management react to FDA ban

The management of Angel Group of Companies, manufacturers of Adonko Bitters has debunked media reports suggesting that patrons of the bitters fell unconscious after...

Mining companies to pay due licensing fees to DVLA

Deputy Minister of Transport, Daniel Nii Kwartei Titus-Glover says government will champion a post-audit of all earth-moving equipment of mining companies and ensure that...

ECG workers won’t be laid-off – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has assured that workers of the Electricity Company of Ghana (ECG) will not be laid off under the second...

33% of cocoa trees unproductive – COCOBOD CEO

The Chief Executive Officer (CEO) for Ghana Cocoa Board (Cocobod), Mr. Boahen Aidoo has indicated on Rainbow Radio 87.5Fm that , government will intensify...

We want 51% in ECG privatization compact- Nana Addo

President Akufo-Addo has stated that government will stand by its decision to amend the Private Sector Participation (PSP) compact of the Electricity Company of...