BUSINESS

The impact of COVID-19 on Ghana’s economy cannot be discounted especially because even the global economy was so impacted that multilateral lenders like the World Bank and International Monetary Fund, IMF, were also broke at a point. This is the view advanced by Thomas Kusi-Boafo, the Chief Executive Officer (CEO) …

Ghana’s Kotoka International Airport (KIA) has been adjudged the Best Airport by Size and Region in Africa by the Airports Council International’s (ACI) at the Airport Service Quality (ASQ) Award 2021. This would be the third consecutive time the KIA is receiving the award recognition. A statement issued by the …

Online drivers in Kumasi, the Ashanti regional capital, have declared a sit-down strike to protest against the ride-hailing apps’ stagnant fares despite the persistent rise in fuel prices. The drivers of Uber, Bolt and other ride-hailing apps, said although the fares have not been increased, the Apps have increased the …

Following some publicity promotions made ahead of a yet-to-be-launched cryptocurrency named “Freedom Coin,” the Bank of Ghana in a release, cautioned the public against trading in the new cryptocurrency. According to the BoG, persons hoping to trade in Freedom Coin will be doing so at their own risk as the …

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has sarcastically made a case for a solution to Ghana’s economic woes. According to him, Finance Minister Ken Ofori-Atta must be encouraged to seek financial bailout from the Ashanti Regional Chairman of the New Patriotic Party, Bernard Antwi Boasiako, also known as Chairman Wontumi. The …

The Member of Parliament for Juaboso, Kwabena Mintah Akandoh has accused the government and the Ghana Cocoa Board (COCOBOD) of not being able to account for the $1.3billion cocoa syndicated loan. He said no tangible explanation has been given when asked about the whereabouts of the funds. In 2019, a consortium of …

The Minority in Parliament is demanding the immediate removal of three taxes on petroleum products to mitigate the impact of rising prices of crude oil on the international market. The demand by the minority comes as consumers are currently buying Petrol and Diesel above 8 cedis from the pumps. The …

The Bank of Ghana (BoG) has warned Ghanaians against trading in the yet to be launched   cryptocurrency named “Freedom Coin”. “The public is hereby cautioned that neither this cryptocurrency nor the promoting company has approval from Bank of Ghana to operate in the banking and payment sector. “In line with …

Subsidy on inputs under government’s flagship ‘Planting for Food and Jobs’ (PFJ) programme has been cut further for the upcoming 2022 crop season, a document available to the B&FT from the Agriculture Ministry has indicated. The decline in subsidies by government will expectedly impose an extra financial burden on smallholder …

Since his performance for Accra Hearts of Oak in the goalless game between Kumasi Asante Kotoko and Hearts of Oak on February 20, 2022, calls have heightened for the recall of legendary midfielder Sulley Muntari into the Black Stars. What started off as mere calls by over-excited fans of Hearts of Oak has developed some …