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WASCAL readies to fight poverty, climate change with Green Hydrogen technology

The West African Science Service Centre on Climate Change and Adapted Land Use (WASCAL) and its partners are proposing a “clean, smart” green hydrogen...

Cedi depreciates after recent gains; $1 equals ¢14.20

After ending last week with a marginal appreciation, the Ghana cedi has returned to a depreciation trajectory. The cedi opened this morning November 7, 2022,...

‘Iced water’ business returns to Hohoe, Ho after decades

Madam Rebecca Asempa, a businesswoman at Hohoe, has resurrected the selling of “ice water” after more than 10 years switch to the consumption of...

Be prepared to buy soup, stew in addition to your fufu, rice – some restaurant owners hint

Some restaurant owners in the Ashanti Region are entreating customers to make provision to buy soup and stew for their fufu and rice due...

Majority Chief Whip makes case for African Custom Tariffs 

Majority Chief Whip, Frank Annoh-Dompreh, has appealed to the European Union to help Africa with Custom Tariffs common to all African Countries on the...

Mobility & tech company, Max, makes major move into Ghana market

Leading mobility and technology company, MAX has announced its entry into the Ghanaian market with the appointment of David Hoyme as Director of International...

ECOWAS Bank raises authorised capital to $3.5bn

The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has unanimously increased the Bank’s authorised capital from $1.5 billion to...

Revive TOR to halt fuel price hikes – IES to Akufo-Addo

The Institute for Energy Security (IES) is appealing once again to President Nana Akufo-Addo to bring back the Tema Oil Refinery in the shortest...

GUTA hints of product shortage ahead of Christmas

The Ghana Union of Traders Association (GUTA) has hinted of a likely shortage of goods during the festive season in December. It says containers that...

Drivers park vehicles to protest high fuel prices [Video]

Drivers who ply the Goaso-Kumasi road in the Ahafo Region have boycotted work in protest of the continuous fuel price hikes. According to them, their...

Qnet dissolved: A-G to go after other firms

The Commercial Division of the Accra High Court has ordered the dissolution of Quest Net Limited (QNET) for engaging in dishonest, illegal and fraudulent...

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...

South Africa to adopt Ghana’s 1D1F programme – High Commissioner

The South African High commissioner to Ghana, Grace Jeanet Mason, has declared that South Africa seeks to adopt Ghana’s One District One Factory (1D1F) programme...

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...

BoG revokes licences of 2 forex bureaus

The Bank of Ghana (BoG) has revoked licences of Airport City Forex Bureau within the Atlantic Tower Building and Trade House Forex Bureau at...

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,...

NDK moves to settle GH¢1.2b locked-up funds

Finance house, NDK Financial Services, has said it is working to settle a GH¢1.2 billion indebtedness to depositors who have their funds locked up...

Imperial General Assurance commissions new head office at Labone

Leading general business insurance company, Imperial General Assurance, has made an enormous investment into improving the infrastructural buildout of the company. After nine years in...

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...

Ghana, Ivory Coast boycott cocoa meeting over pricing

Two major world cocoa producers, Ivory Coast and Ghana have boycotted World Cocoa Foundation (WCF) meeting in Belgium over pricing. The industry meeting to be...

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,...