BUSINESS

179 customers have died as a result of their locked up cash with defunct gold dealership firm – Menzgold, Convener of Aggrieved Customers, Fred Forson, has said. Aside from the people who passed away, Forson said several others have various ailments and to some extent, are bedridden. Speaking in an …

The Ghana Maritime Authority (GMA) has given luxury or pleasure ship-owners a 15-day ultimatum to register or licence their ships or face legal actions. According to the GMA, every ship owner operating within Ghanaian waters is mandated under section 3 and 40 of Act 645 to register or licence their …

Minister for Food and Agriculture, Dr Owusu Afriyie Akoto, has reiterated that there is no food shortage in Ghana. “There is no food shortage in Ghana as is being speculated, the food situation in the regions is enough evidence, however, we recognise that food is relatively expensive due to external factors.” …

Managing Editor of Insight newspaper, Kwesi Pratt Jnr. says government should stop blaming the rising cost of fuel prices on the Ukraine and Russia impasse. Over the months, there’s been astronomical increases in fuel prices, hence burdening commercial and private drivers and passengers. The prices currently stand at over GHC10 and …

As Ghanaians look for some reprieve in the petroleum sector amid soaring prices, a Deputy Minister for Energy, Andrew Egyapa Mercer, has said the Tema Oil Refinery (TOR) could be back online by the end of 2022. In April, he said, the management of TOR sought approval from the Ministry …

Government has withdrawn the Tax Exemptions Bill 2021, which seeks to prevent a significant loss of government revenue from Parliament. This is after Deputy Finance Minister John Kuma has sought the leave of the House to withdraw the bill and to re-laid it later in the House. The Exemptions Bill …

The new LG XBOOM 360 speaker (model RP4) from LG Electronics (LG) features a conical-cylindrical design and delivers authentic, omnidirectional audio that is perfect for any space or occasion. Pleasing to the eye, the speaker’s unique form factor enables LG XBOOM 360 to radiate sound in all directions for a …

British Airways passengers face more chaos as airline workers vote in favour of a summer holiday strike. The carrier’s cabin crew and ground staff have voted overwhelmingly for industrial action, with 97 per cent of those polled voting in favour. The survey – the latest sign of unrest at the beleaguered …

All parliamentary business concerning the finance ministry has been put on hold by Speaker Alban Bagbin over the minister’s failure to show up in parliament on Thursday, 16 June 2022 to brief the house on some issues within his ministry. Mr Ken Ofori-Atta was scheduled to answer 16 questions and deliver an important statement …

The Institute of Energy Security (IES) has appealed to President Nana Addo Dankwa Akufo-Addo to intervene to rescue the Tema Oil Refinery (TOR) from folding up. The IES said TOR is at the moment saddled with huge debts, poor management and other challenges that must be tackled immediately. A statement issued by IES …