HomeBusinessBusiness

Business

Give practical meaning to ‘Ghana Beyond Aid’ Agenda – Minister urges new VALCO Board and GIADEC

The Minister for Lands and Natural Resources, Hon. Kwaku Asomah-Cheremeh, has charged the newly constituted governing Board of the Volta Aluminium Company (VALCO), to...

All customers of collapsed banks paid – BoG

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has said the Receiver of the collapsed banks has settled all payments due...

Trotro passengers will soon pay fares through mobile money – Dr. Bawumia

Dr. Mahamudu Bawumia, Vice President of the Republic of Ghana, has disclosed that ''trotro'' passengers will soon be able to pay their transport fares...

Bawumia explains what he meant by ‘arresting cedi depreciation’

Vice President Dr Mahamudu Bawumia has given explanations to what he meant by 'arresting the cedi depreciation' in the run-up to the 2016 December...

Okada riders hail Mahama [Audio]

JoyNews/AdomNews · Okada riders attack roads safety advocates over Mahama’s legilisation comment Some okada riders have slammed the President of Road Safety Advocate, Ghana for...

NPP 2020 Manifesto: Govt to introduce new mineral law

The New Patriotic Party (NPP), in its 2020 Manifesto launch, has revealed plans to pass into law the Mineral Revenue Act. The new law, according...

Financial sector clean-up one of the inescapable parts of governance – Akufo-Addo

President Nana Akufo-Addo has described as "inescapable parts of governance" his government's decision to revoke the licenses of nine indigenous banks due to insolvency. The...

Akufo-Addo responds to calls for an airport in Cape Coast

President Nana Akufo-Addo has responded to calls for an airport in the Central regional capital Cape Coast. Several calls for the construction of an airport...

Meet the Abossey-Okai mechanic turning old cars into luxurious rides

Ghanaians are generally known to be innovative people and mechanics at Abbosey-Okai are championing this narrative with their ingenuity. The highly-skilled professionals at the...

Covid-19: Akufo-Addo commends Jospong Group boss

President Nana Addo Dankwa Akufo-Addo has praised the Executive Chairman of Jospong Group of Companies (JGC), Dr Joseph Siaw-Agyepong, for the role Zoomlion Ghana...

Akufo-Addo cuts sod for first ever waste treatment plant in Sekondi-Takoradi

President Akufo-Addo has cut the sod for the commencement of the construction of the Sekondi-Takoradi solid and liquid waste facility, estimated to cost 60...

NLA to earn ¢30m from KGL Technology Limited’s collaboration for 2020

The National Lottery Authority (NLA) would receive an unprecedented financial commitment of ¢30 million from the licensing of KGL Technology Limited for the year...

Akufo-Addo commissions and hands-over AfCFTA secretariat to AU commission [photos]

President Nana Akufo-Addo has commissioned and handed over the Secretariat of the African Continental Free Trade Area to the African Union (AU) Commission. This was...

Licence revocation has caused health problems – Dr Nduom

The President of Groupe Nduom, Dr Papa Kwesi Nduom, has said the revocation of the licences of 23 financial institutions on August 16, last...

Akufo-Addo expresses confidence in first Secretary General of AfCTA

President Akufo-Addo has expressed confidence in Wamkele Mene, the first elected Secretary General of the African Continental Trade Area (AfCTA). According to the president, the...

Ghanaians to use Ghana Card numbers as TIN for business transactions next year – Bawumia

The Government, through the Ghana Revenue Authority (GRA), has begun processes to convert the National Identification numbers into Tax Identification numbers (TIN) to ensure...

Kingdom Exim Group sponsors construction of weighbridge at Tema Port

Quality and Quantity (Q&Q) Services, a subsidiary of the Kingdom Exim Group has collaborated with the Tema Metropolitan Assembly to construct a weighbridge in...

300 shops closed at Arts Centre over poor patronage amid Covid-19

About 300 artifact shops at the Arts Centre in Accra have shut down due to Covid-19, Mr. Ayingura Sunday, Secretary of the Greater Accra...

Ghana’s policy interest rate ranked 2nd highest in Sub-Saharan Africa

Ghana’s policy interest rate of 14.50% is ranked second highest in Sub-Saharan Africa, according to Fitch Solutions tracker of policy rates. This makes cost of...

Akufo-Addo commissions NEIP’s 75 greenhouses, Entrepreneurship and Innovation Centre

President Nana Akufo-Addo has commissioned seventy-five greenhouses and an entrepreneurship and innovation centre constructed by the Business Development Ministry and the National Entrepreneurship and...

MTN invests $2.5m into artificial intelligence to fight MoMo fraud

MTN Ghana has announced that it is investing US$2.5 million to beef up its artificial intelligence so they can win the fight against mobile...

Govt will support SSGL to build waste treatment plants across the country – Osafo-Maafo

Senior Minister, Yaw Osafo-Maafo has announced government’s support for Sewerage Systems Ghana Limited (SSGL), a subsidiary of Jospong Group of Companies, to enable the...

MTN aYo outline new benefits for clients

MTN aYo Insurance has doubled the benefits on its Recharge with Care (RwC) policy for customers, effective August 1, 2020. The policy is two-fold -...

Over 40 mobile money fraudsters arrested – MTN

Over 40 mobile money fraudsters have so far been arrested across the country. According to the Mobile Money Limited, its collaboration with the police led...

Inflation returns to upward trajectory; hits 11.4% in July 2020

Inflation returned to the upward trajectory, albeit marginally, to hit 11.4% in July 2020. According to figures from the Ghana Statistical Services, increases in food prices continued...

Banks lose GH¢ 102 million in profits for 2020

The Ghana Association of Bankers has estimated that about GH¢102 million has been forfeited by commercial banks in the country through various measures they...

Nana Dufie Addo appointed Chief Operating Officer of Ghana Investment Promotion Centre

The Ghana Investment Promotion Centre (GIPC) is pleased to announce the appointment of Nana Dufie Addo as its new Chief Operating Officer (COO). She...

NITA brings MDAs, MMDAs onboard ‘smart workplace’ platform

The National Information Technology Agency (NITA) is set to bring onboard various Ministries, Departments and Agencies (MDAs) as well as Metropolitan and Municipal District...

Android vs. iOS: Which mobile OS is best?

It is possible to use a smartphone running an operating system other than Google's Android or Apple's iOS (Tizen, LineageOS, /e/ anyone?), but the likelihood that you're doing...

32 IDIF factories working – Exim Bank CEO

About 32 companies under the flagship One District One Factory (IDIF) have been completed and operational, Chief Executive Officer (CEO) of the Ghana Export-Import...

Ghana Airports Company replies Mahama

The Ghana Airports Company Limited (GACL) has replied some assertions made by former president John Mahama in an interview on pro-National Democratic Congress (NDC)...

Account for GH¢ 1.5 billion revenue collected by PDS – NDC to govt

The opposition National Democratic Congress (NDC) has challenged the Akufo-Addo government to immediately render account for monies collected by the Power Distribution Services (PDS)...

Loyalty Insurance set to reward customers using digital platform

Loyalty Insurance Company Limited, a non-life insurance company wholly owned by Frimps Oil Company Limited has introduced a digital payment and reward system for...

New research highlights cost-effective strategies to strengthen Ghana’s economy

New research on measures to spur growth across all sectors of the Ghanaian economy was presented by economists in Accra on Saturday, August 8,...

Telcos deny under-declared taxes allegation by Communications Minister

The Ghana Chamber of Telecommunications; the umbrella organization for telecommunications industry in the country, have expressed worry over the continuous recurrence of claims by...

‘KelniGVG’s common platform has saved Ghana GHS 1.5 billion in undeclared taxes by telcos’

The government has made savings of GHc1.5 billion in under-declared taxes in the telecommunications since the implementation of the Common Platform (CP) in the...

Smuggled Planting for Food and Jobs fertilisers intercepted

The Ghana Immigration Service (GIS) and the Customs Division of the Ghana Revenue Authority have intercepted 84 bags (25Kg) of smuggled NPK fertilizer meant...

The economy we inherited could never have survived Covid-19 – Akufo-Addo

President Nana Akufo-Addo has said the economy his government inherited from the erstwhile National Democratic Congress (NDC) could not have sustained expenditures incurred during...

I have paid all depositors of defunct banks – Akufo-Addo

President Nana Akufo-Addo says the government has paid all depositors of collapsed banks. According to the president, no single depositor has been left out...

Gold price rises above $2,000 for first time

Gold has topped $2,000 (£1,527) an ounce for the first time as traders look for havens amid the pandemic. Investors have moved cash into the...