BUSINESS

An attempt by William Ato Essien, the founder of the defunct Capital Bank to halt proceedings in the ongoing trial has failed. The court prior to moving the Application for Stay of Proceedings pending a determination of an interlocutory appeal, hinted counsel, that, it was going to dismiss the application …

Toronto-listed Galiano Gold, operators of Asanko Gold in Ghana has been sued by its workers, claiming unfair dismissal, court documents show. The Ghana Mine Workers Union (GMWU) which is leading the fight wants an Accra High Court to restrain the Canadian multi-national firm from laying off some 299 permanent staff …

The Ghana Revenue Authority has stated the designated charging entities for the implementation of the Electronic Transfer Levy. According to the Authority, the charging entities who will collect the levy from the public include, Electronic Money Issuers (EMI); Payment Service Providers (PSP); Banks and Special Deposit-Taking Institutions (SDI) and other Financial Institutions …

Ghanaian actress and producer, Tracey Boakye, has flaunted her 2022 Lexus. The ‘Baby Mama’ producer showed off her new vehicle in a post sighted by Zionfelix.net. Tagging herself as a Boss lady, she said they do not talk much. Tracey Boakye explained that big girls and boss ladies only show …

The National Chairman of Poultry Farmers Association of Ghana has indicated that the poultry industry is heading for collapse if they do not increase prices of eggs by 30 percent. Speaking to Starr News, the President of Poultry Farmers Association, Victor Oppong Agyei disclosed that poultry farmers are no longer going …

Farmers have been advised to plant more trees on their farms to prevent erosion and keep the soil fertilized. Mr Philip Atiim, Project Manager at Catholic Relief Services (CRS), said planting of trees and engaging in mixed farming improved productivity and helped in climate change adaptation. He gave the advice …

The Peasant Farmers Association of Ghana has warned that food prices may continue to soar if government does not intervene. According to the latest data from the Ghana Statistical Service, food inflation recorded a rate of 22.4% in March 2022, compared to 17.4% in February 2022. According to the association, despite the …

Stonebwoy incurs the wrath of a section of the public with his endorsement of non-fungible tokens (NFTs). The rage is on the basis that the Reggae/Dancehall musician once advertised Menzgold which is yet to release funds to customers of the now-defunct gold dealership firm. The fight for the locked-up funds continues …

Rickshaw operators in the Ashanti regional capital, Kumasi, have threatened to demonstrate against the police for arbitrary arrest and alleged extortion of money. The riders of the tricycles, known as ‘Pragia’, alleged that the police in the Ashanti region charge them between GHC100 and GHC500 for any least traffic offence, failure to …

The Small Scale Poultry Farmers’ Association has announced a new price list for the sale of eggs across the country effective May 2, 2022. Per the announcement, a small crate of eggs will now be sold for GHS 30.00. Below is the advertisement announcement Source: Classfmonline.com