Business

Opposition Pushes For Higher Cocoa Prices, Recommends GH¢7,400 per Bag

Opposition Pushes For Higher Cocoa Prices, Recommends GH¢7,400 per Bag

Citing the spike in global market prices, the Parliament’s Minority Caucus has demanded that the government raise the producer price…
Mahama Reassigns Edward Bawa To Lead GOIL Group As CEO

Mahama Reassigns Edward Bawa To Lead GOIL Group As CEO

Edward Bawa, the newly appointed Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), has been moved by…
Nana Philip Archer Named Board Chairman Of GOIL

Nana Philip Archer Named Board Chairman Of GOIL

Nana Philip Archer has been named the Ghana Oil Company’s (GOIL) new board chairman. Archer brings a wealth of experience…
GH₵5.3 Billion In Unaccounted Revenue Detected At ECG – PwC Report

GH₵5.3 Billion In Unaccounted Revenue Detected At ECG – PwC Report

PricewaterhouseCoopers’ (PwC) 2024 audit of the Electricity Company of Ghana (ECG) exposed financial irregularities in the utility provider’s operations by…
2025 Budget Under Review: IMF And Government To Discuss Tax Adjustments

2025 Budget Under Review: IMF And Government To Discuss Tax Adjustments

As the nation works towards its 2025 budget, which will be presented in March, the International Monetary Fund (IMF) is…
KPMG Survey Ranks Standard Chartered As Ghana’s Top Retail Bank

KPMG Survey Ranks Standard Chartered As Ghana’s Top Retail Bank

For the year ending in 2024, Standard Chartered Bank was the best-performing bank in the retail sector, while Prudential Bank…
Ghana Gas Faces Growing Debt Amid VRA’s Financial Struggles

Ghana Gas Faces Growing Debt Amid VRA’s Financial Struggles

The Volta River Authority’s (VRA) incapacity to fulfill its debt service commitments is the main cause of the debt crisis…
Suame Garages In Ashanti Region Gutted by Fire, Heavy Losses Reported

Suame Garages In Ashanti Region Gutted by Fire, Heavy Losses Reported

A number of craftsmen and spare parts merchants are counting their losses after a destructive fire destroyed a portion of…
WAPCo Set To Undergo 28-Day Maintenance Shutdown

WAPCo Set To Undergo 28-Day Maintenance Shutdown

Ahead of its required maintenance shutdown, which is anticipated to continue for 28 days, the West African Gas Pipeline Company…
Bernice Makafui Brempong Appointed As New GIPC CEO

Bernice Makafui Brempong Appointed As New GIPC CEO

Dr. Bernice Makafui Brempong has been named the new CEO of the Ghana Investment Promotion Center (GIPC), with effect from…
Prof. Joshua Alabi Takes On The Role Of GCB Board Chairman.

Prof. Joshua Alabi Takes On The Role Of GCB Board Chairman.

Professor Joshua Alabi has been named Chairman of the Board of Directors and an Independent Non-Executive Director of Ghana Commercial…
GCB Bank MD Steps Down, Farihan Alhassan Appointed As Successor

GCB Bank MD Steps Down, Farihan Alhassan Appointed As Successor

Kofi Adomakoh, the managing director of GCB Bank PLC, has stepped down. Farihan Alhassan, a renowned banking expert with twenty…
Sylvester Mensah Appointed As CEO Of Ghana EXIM Bank

Sylvester Mensah Appointed As CEO Of Ghana EXIM Bank

Hon. Sylvester Adinam Mensah has been named the Ghana Export-Import Bank’s (GEXIM) acting CEO by President John Dramani Mahama. In…
Kantamanto Fire Victims Receive GH₵1 Million Support From Government

Kantamanto Fire Victims Receive GH₵1 Million Support From Government

A million cedis has been provided by the government to aid the victims of the January 2, 2025, Kantamanto Market…
Kwadaso Wood Market Suffers Another Fire Outbreak Within Two Weeks

Kwadaso Wood Market Suffers Another Fire Outbreak Within Two Weeks

For the second time in two weeks, a devastating fire has destroyed Kumasi’s Kwadaso Wood Market, which is well-known for…
Bawumia Supports Kantamanto Fire Victims with 250 Roofing Sheets

Bawumia Supports Kantamanto Fire Victims with 250 Roofing Sheets

In order to assist traders impacted by the recent fire at Kantamanto Market in rebuilding their enterprises, former Vice President…
Tricycle Operators Protest KMA Ban, Call For Legalization

Tricycle Operators Protest KMA Ban, Call For Legalization

The Ghanaian National Union of Tricycle Operators has reiterated its demand that the government of President John Mahama permit the…
National Fire Service Calls For Suspension Of Kantamanto Market Reconstruction

National Fire Service Calls For Suspension Of Kantamanto Market Reconstruction

Due to inadequate fire safety precautions and a lack of consultation, the Ghana National Fire Service (GNFS) has voiced worries…
Mahama Extends Assistance To Kantamanto Traders

Mahama Extends Assistance To Kantamanto Traders

Traders impacted by the recent fire at Kantamanto Market have received a message from President John Dramani Mahama. This year’s…
Mahama Directs Enhanced Security Measures At Major Markets To Prevent Fires

Mahama Directs Enhanced Security Measures At Major Markets To Prevent Fires

As part of attempts to control the worrisome spate of fire outbreaks, President John Dramani Mahama has instructed security forces…
John Jinapor Instructs ECG To Stop All Supply Payments.

John Jinapor Instructs ECG To Stop All Supply Payments.

As part of attempts to address inefficiencies and stabilize the power industry, Minister-Designate for Energy John Jinapor has directed the…
Ghana Eyes New Terms For $190M Electricity Agreement With U.S

Ghana Eyes New Terms For $190M Electricity Agreement With U.S

Ghana is prepared to renegotiate with the US government in order to potentially restore $190 million that was allocated to…
Elon Musk Considering Purchase Of Liverpool FC , His Father Reveals

Elon Musk Considering Purchase Of Liverpool FC , His Father Reveals

Errol Musk, the billionaire’s father, has stated that Elon Musk is interested in buying Premier League powerhouse Liverpool. The richest…
Bawumia Assures Kantamanto Traders Of His Support, Donates GH¢200,000

Bawumia Assures Kantamanto Traders Of His Support, Donates GH¢200,000

Dr. Mahamudu Bawumia, the vice president, has offered his sympathies and GH¢200,000 to help traders who were impacted by the…
Cheddar Contributes GHS 50,000 To Support Kantamanto Fire Victims.

Cheddar Contributes GHS 50,000 To Support Kantamanto Fire Victims.

Cheddar, also known as Nana Kwame Bediako, has given traders impacted by the recent Kantamanto fire a lifeline. Shortly after…
GCB Bank Closes Liberty House Branch Temporarily Over Katamanto Market Fire

GCB Bank Closes Liberty House Branch Temporarily Over Katamanto Market Fire

The fire outbreak at the Katamanto market has caused GCB Bank to temporarily close its Liberty House Branch in Accra.…
Tullow Oil Wins $320 Million Tax Case Against Ghana

Tullow Oil Wins $320 Million Tax Case Against Ghana

In its tax dispute with the Ghana Revenue Authority (GRA), Tullow Oil PLC has declared a major court win. Tullow…
Fire Tears Through Kantamanto Market, Leaving Shops In Ruins.

Fire Tears Through Kantamanto Market, Leaving Shops In Ruins.

Thirteen fire tenders have been deployed in the Greater Accra Region to combat a fire outbreak at the Kantamanto market.…
ADB bank Defends Last Minute Renewal Of $750,000 Contract

ADB bank Defends Last Minute Renewal Of $750,000 Contract

The Agricultural Development Bank (ADB) Plc’s Board of Directors has clarified that the $750,000 contract renewal this month is a…
Dr. Nduom Expresses Hope In Mahama-Led NDC’s To Bring Back GN Bank

Dr. Nduom Expresses Hope In Mahama-Led NDC’s To Bring Back GN Bank

The new National Democratic Congress (NDC) government, headed by John Dramani Mahama, will endeavor to restore GN Bank, according to…
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