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VALCO workers reject 22% increment in salaries

Workers at the Volta Aluminium Company (VALCO) have rejected a 22% increment in salary from Management of the Company, describing it as insufficient. In what...

One million Ghanaians could fall into poverty due to climate change – World Bank

At least one million more people could fall into poverty due to climate shocks if urgent climate actions are not taken. According to the World...

Oil Marketing Companies justify increase in fuel prices

The Association of Oil Marketing Companies (OMCs) has justified the increase in petroleum prices. Some OMCs started raising the prices of petroleum products at the...

Excerpts from 1D1F Documentary: We have no raw materials for Komenda Sugar Factory – Minister

Deputy Minister for Trade and Industry, Michael Okyere Baafi has admitted to the lack of raw materials to feed the Komenda Sugar Factory despite...

Fuel hike: Petrol, diesel now selling at ¢18 and ¢23 per litre

Some Oil Marketing Companies (OMCs) have started increasing prices of petroleum products at the pumps from this morning, November 1, 2022. Petrol and diesel prices...

How my late father’s watch led me to start my own company – CEO of Hourhand Watch tells his story

Ghanaian-owned and premier watch repair brand, Hourhand Watch Co., has implemented some inventive strategies to help Ghanaian watch and clock lovers keep their favourite luxury...

Akufo-Addo appeals to traders over high profits

President Nana Akufo-Addo has appealed to traders to be measured in the margins they seek on their goods. According to President Akufo-Addo, "we are in...

All the photos you need to see from 33rd CIMG Awards

The Chartered Institute of Marketing, Ghana (CIMG) has recognised the contribution of some industry players at the just-ended 33rd Awards presentation. The awards, which was...

The Makers Electronics wins ‘Fast Growing Electronics Brand’ at 2022 National Customers’ Choice Awards Ghana

Organisers of the 2022 edition of the National Customers’ Choice Awards Ghana, have acknowledged The Makers Electronics Company Limited as Ghana’s ‘Fast Growing Electronics...

MASLOC disburses micro-credit loans to market fire victims, other market women in Western region

The Micro Finance and Small Loans Centre (MASLOC) has disbursed Group loans to some seventeen groups in the Western Region. The disbursement exercise, which took...

Elon Musk takes control of Twitter, fires CEO including top executive who banned Trump

Hours after becoming the owner of Twitter on Thursday, Elon Musk axed four of the company's executives. One of those execs played a key role in deciding to...

Sachet water to be sold at ¢0.60 effective Monday

Effective Monday, October 31, sachet water will be sold at ¢0.60. The 500ml bottled water will also be retailed at ¢2.50 while the medium-sized bottled...

Elon Musk officially buys Twitter for $44 billion; cites reasons for purchase

The current world richest man, Elon Musk, has disclosed he is the new daddy of the giant social media platform, Twitter. In a tweet...

Current economic woes partly due to overspending in 2020 – ISSER

The over spending on capital projects due to political promises without adequate domestic funding can partly be blamed for the current economic woes facing...

Fuel price up by 10 percent

Fuel prices have shot up significantly by about 10 percent even before the fortnight review of petroleum products on Sunday, October 30, 2022 by...

Standard Chartered’s Digital Banking, Innovation and Fintech Festival 2022 to focus on powering Africa’s digital economy

Standard Chartered has announced that the 2nd edition of its Digital Banking, Innovation and Fintech Festival will be held on 26th and 27th October,...

GPRTU to increase transport fares by 19%

The Ghana Private Road Transport Union (GPRTU) has disclosed that the Union will increase transport fares by 19% effective October 29. According to Godfred Abulbire,...

GUTA raises alarm over benchmark value increment

 The Ghana Union of Traders Associations (GUTA), says it has come to the notice of the members of the trading community that the Ghana...

Awuku woos World Lottery President to Ghana

Director-General of the National Lottery Authority (NLA), Sammi Awuku, has confirmed the President of the World Lottery Association (WLA), Rebecca Paul, would be in...

Cedi depreciation: BoG Governor to meet banks, Forex Bureau operators

The Governor of the Bank of Ghana (BoG) will on Tuesday meet managers of banks and operators of Forex Bureaux to address the depreciation...

Cedi depreciation: Cement bag now selling at ¢80

The price of cement surge above ¢80 per a 50 kilogramme bag as inputs costs of the manufacturers rise. This is about 10% increase over...

Why cedi is depreciating – Finance Minister explains

The Minister of Finance, Ken Ofori-Atta, has urged Ghanaians to not panic or put further pressure on the cedi as the currency continued its...

¢14.50 equals $1 as cedi depreciation continues

The Ghana cedi continued its free fall, losing value twice within a day to sell at ¢14.50 to one US dollar. This translated to 5.45%...

Scramble for dollar at forex bureaus increases; panic, speculation worsen cedi depreciation

Joy Business report indicates large corporates that depend largely on dollars for transactions, particularly transfers overseas are scrambling for the US dollars, a situation,...

Huawei opens application for ‘Seeds for Future 2022’

Huawei Technologies Ghana has opened applications for its global flagship Corporate Social Responsibility Program 'Seeds for the Future 2022', set to commence from October...

EBID advances USD 60 million loan facility to GRIDco

The ECOWAS Bank for Investment and Development (EBID) has signed a loan agreement extending a facility of USD 60 Million to the Ghana Grid...

GUTA suspends strike

The Ghana Union of Traders Association (GUTA) has suspended its industrial strike action. Members of the association on Wednesday, October 19, declared a strike to...

Photos: Day 2 of GUTA strike

The closure of shops in the Central Business District of Accra by the Ghana Union of Traders Associations (GUTA) due to economic hardship entered...

World Lottery Authority endorses Ghana’s Good Causes, war against illegal lottery

The World Lottery Authority (WLA) has revealed that it will be focusing more on responsible gaming and good causes in the coming years and...

Traders Advocacy Group opposes GUTA’s shop closures

The General Secretary of Traders Advocacy Group Ghana, Nana Poku, has disagreed with the Ghana Union of Traders Associations’ (GUTA) approach to getting the...

GUTA members close shops beginning today

Members of the Ghana Union of Traders Association (GUTA) will today close shops in Accra to protest deteriorating economic situation.  The group described the industrial...

GUTA disowns TAGG

 The Ghana Union of Traders Association (GUTA) has said the Traders Advocacy Group Ghana (TAGG) is not part of them. GUTA President, Dr Joseph Obeng,...

GUTA reveals when shops will be re-opened for business

Members of the Ghana Union of Traders Association (GUTA) will from Wednesday, October 19, 2022, close down their shops in a nationwide protest. The decision,...

Inflation in Ghana domestic driven – IMF

The International Monetary Fund (IMF) has attributed the high inflation in Ghana to largely domestic factors. This dismisses the argument that inflation in the country...

Accra: GUTA members close down shops

Members of the Ghana Union of Traders Association (GUTA) in Accra have today closed down their shops in a nationwide protest. According to the aggrieved...

IES warns of fuel shortage

The Institute for Energy Security (IES) is warning of a shortage of petroleum products across the country. According to the energy think tank, the free...

Energy Quest Foundation’s career seminar impacts hundreds

The Energy Career Seminars is an initiative of the Energy Quest Foundation. The founder of the Energy Quest Foundation, Lesley Arthur Asiedu, described this second...

Govt submits economic recovery programme document to IMF

Government has submitted its economic document (Post COVID-19 Programme for Economic growth) to the International Monetary Fund (IMF) for programme support. The document is expected to...

Fuel price to hit GH¢18 per liter in December if… COPEC

The Chamber of Petroleum Consumers Ghana (COPEC) is predicting a marginal increase in fuel prices ahead of the yuletide. According to the Chamber, the prices...

Diesel price up to ¢15.99 per liter, petrol sells at ¢13.10

Oil Marketing Companies (OMCs) have begun increasing prices of petroleum products at the pumps. This is due to the fortnight review of petroleum prices that...