HomeBusiness

Business

Zambia suspends debt service payments on loans totaling $3 billion

The Zambian Finance Ministry has suspended debt service payments to holders of its securities amounting to US$ 3 billion. The Ministry, prior to the Covid-19...

Investigative account of how $10m cocaine was busted at Tema Port

A collaboration between the National Security Council (NSC), the Narcotics Control Commission (NARCOC) and freight forwarder, Global Cargo and Commodities Ltd has led to...

Okada riders blast Akufo-Addo, NPP

The Okada Riders Association of Ghana has described the New Patriotic Party's (NPP) stance against the legalisation of commercial motorcycle operations as sheer dishonesty. According...

MTN Ghana gives 5% bonus on all recharges

Telecommunication giant, Mobile Telephone Network (MTN) Ghana, says it has revised its tariffs on all voice calls, data and SMS to reflect the 4...

Govt on ‘losing streak’ as it once again misses target for debt instruments

The Government of Ghana (GoG) once again missed its target of raising GHC 1 billion from the sale of its 91-day and 182-day treasury...

Okada riders pledge juicy package on election day

The Okada Riders Association, in support of the National Democratic Congress' (NDC) promise to legalise their trade, has vowed to transport voters to and fro...

The Golden Purse Movement set to be launched on October 3

President of The Golden Purse Movement, Richard Amenuveve, has confirmed in an interview that all is set for the movement to be launched on...

MTN completely eliminates 9% CST on tariffs

Whereas government has reduced Communication Service Tax (CST) by only four percent, MTN Ghana has completely removed the full nine percent CST until at...

Kingdom Exim Group honoured by Ghana Tourism Authority

Kingdom Exim Group has once again been honoured for its continuous impact and developmental role in Ghana’s economy. The Group’s latest honour has come from...

Muntaka’s take on the legalisation of ‘Okada’

Minority Chief Whip and Member of Parliament for Asawasi Constituency, Mohammed Mubarak Muntaka, has backed calls for the legalisation of 'okada' in Ghana. Mr Muntaka...

Ghanaian woman extradited to US to face over $10m fraud-related charges and ‘sakawa’

A 33-year-old Ghanaian lady has been extradited to the United States (US) to face fraud-related charges. Deborah Mensah is wanted by the United States Department...

Good news for staff of collapsed banks (Video)

Just as customers of liquidated fund management firms are to receive their deposits, the staff of collapsed banks will also be paid their salary...

NBSSI not charging 4% interest – Executive Director

JoyNews/AdomNews · NBSSI not charging 4% interest The Executive Director of the National Board for Small Scale Industries (NBSSI), Kosi Yankey Ayeh, has said the...

COCOBOD announces closure of 2020 light crop cocoa season

The Ghana Cocoa Board (COCOBOD) has announced that the 2020 Cocoa light crop season would end at the close of business on Thursday, September...

Ecobank enhances its digital offerings to Micro, Small and Medium-sized Enterprises

Ecobank and iPay Solutions Ltd, a leading business management solutions enabler with support from the United Nations Capital Development Fund (UNCDF) will introduce a...

We will not legalise ‘Okada’ business – Bawumia

Vice President Dr Mahamudu Bawumia says the Akufo-Addo administration will not legalise what he describes as “risky business” of commercial motorbike aka ‘Okada’ in...

Pension scheme for cocoa farmers to start in October

The Chief Executive Officer (CEO) of Ghana Cocoa Board (COCOBOD), Joseph Aidoo, has announced that all is set to implement the Cocoa Farmers Pension...

People’s Pension Trust launches iCARE Pension on Pension Awareness Day

People’s Pension Trust (PPT), an award-winning corporate trustee, has launched iCARE Pension, an innovative feature of the PPT Personal Pension Scheme in commemoration of...

Lands allocated for 2 major projects turned into maize farm

The people of Walewale in the Northern Region are demanding answers as to why lands allocated for a Watermelon Processing Factory and a 100-bed...

Freddies Corner opens new home appliances centre

Ghana's number one award-winning mobile phone retailer, Freddies Corner, has opened a new appliances Centre at tip-toe Lane in Accra. This new dimension of business...

Why Menzgold customers wont enjoy govt bailout – SEC explains

The Security and Exchange Commission (SEC) has rejected the Coalition of Aggrieved Customers of Menzgold Ghana’s (CACM) request to be included in government’s bailout...

Panbros Salt Industries disturbed over construction of a new cement factory near its concession

Panbros Salt Industries Ltd., the oldest and largest wholly Ghanaian owned salt company, produces quality salt for the whole country and the West African...

Akufo-Addo applauds Jospong as he pledges support for private sector

President Nana Akufo-Addo has pledged his government's support to Zoomlion Ghana Limited to provide waste management infrastructure towards a lasting solution to Ghana's waste...

4% reduction in CST takes effect September 15

The Ghana Chamber of Telecommunications has said the four per cent reduction in the Communication Service Tax (CST) by the government in the wake...

5-week-long clearing of vehicle through ICUMS false – Customs Commissioner

Assistant Commissioner of Customs, Emmanuel Ohene, has commented on claims that it takes a five-week window period for a single vehicle to be cleared...

ICUMS generates GH¢ 4.6 billion in revenue

The Integrated Customs Management System (ICUMS) is reported to have raked in some GHC 4.6 billion in revenue for the country. The amount generated as...

Ghana’s power abundance turns into burden as energy debts mount

Ghana lured investors to its power industry to end chronic electricity shortages with deals it can no longer afford. The deals’ terms require the government...

Defunct ‘DKM’ customers to receive their deposits by October

President Nana Akufo-Addo has given the assurance that government will pay back the deposits of all customers of the defunct DKM micro-finance company by...

Ghana Development Awards: Ghana Post MD Awarded for Outstanding Contributions to the Development of Postal Services

James Kwofie, Managing Director (MD) of Ghana Post Company Limited, has won an award for his Outstanding Contributions to the Development of Postal Services...

Ghana and Côte D’Ivoire successfully increase pricing of cocoa

Ghana and Côte d’Ivoire, the top world cocoa producers, through a joint initiative have convinced chocolate traders and makers to increase the price they...

MTN Ghana Foundation donates 3000 face masks to Greater Accra Regional hospital

MTN Ghana Foundation has donated 3,000 KN95 face masks to the Greater Accra Regional hospital . This forms part of its efforts to encourage the...

NLA teams up with police to arrest 4 lotto fraudsters in Volta Region

The National Lottery Authority (NLA) in collaboration with the Volta Regional Police Command has successfully arrested four lotto fraudsters there. Godwin Agbenyefia alias Demon, 19;...

GIFEC’s ‘No Hate Speech’ online campaign wins an international award

The No Hate Speech Online Campaign under the partnership of Ghana Investment Fund for Electronic Communications (GIFEC) and the United Nations Educational, Scientific, and...

Gold to end year at $1,700 per ounce

Gold is expected to end this year at an average price of $1,700 per ounce. This is based on the forecast of evolving supply and...

Graphic Communications owed millions of cedis by Parliament, MMDAs

The 2017 Auditor-General’s report has uncovered that institutions including the Parliament owe State-owned Graphic Communications Group Limited (GCGL) some millions of Ghana cedis in...

Two-decade-old CIMG bill gets presidential assent

President Akufo-Addo has approved and signed into law, the new Chartered Institute of Marketing Ghana (CIMG) Act. The presidential assent according to a press release...

Road Safety Authority confirms ‘Okada’ stakeholder engagement

JoyNews/AdomNews · Road Safety Authority confirms ‘Okada’ stakeholder engagement The National Road Safety Authority has confirmed the government’s claim that it has begun stakeholder consultations...

MTN Ghana invests over ¢100m in Covid-19 support activities

The CEO of MTN Ghana Selorm Adadevoh says the impact of the COVID-19 pandemic has proven to be far reaching than was anticipated at...

Why $194,000 debt owed GPHA must be cancelled – Minister explains

Minister for Transport, Kwaku Ofori Asiamah, has pleaded with the Public Accounts Committee (PAC) of Parliament to write off 165,000 Euros ($194,342.78) as bad...

Water supply to eastern part of Accra to be interrupted

The Ghana Water Company Limited (GWCL) says water supply to the eastern part of Accra will be interrupted from September 14 to 20. In a...