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BUSINESS

Government engages five airlines to evacuate Ghanaians from Ukraine

Deputy Minister of Foreign Affairs and Regional Integration, Kwaku Ampratwum Sarpong has revealed that government has engaged five different airlines to evacuate Ghanaians from Ukraine back home. He said in the next four days beginning today Friday, March 4, there will be arrivals of Ghanaians from Ukraine every day until …

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Ghana Water Company Limited can’t account for 40% of water produced

The Ghana Water Company Limited (GWCL) has taken steps to reduce water unaccounted for, otherwise known as non-revenue water – which currently stands at 40 percent of its production – with the introduction of new technology by the city of Aarhus, Denmark. Non-revenue water is when water produced into the …

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Consumers to pay more for imported vehicles from March – Dealers Association

The Automobile Dealers Union of Ghana has hinted at a possible increase in the cost of imported vehicles into the country from March this year. According to them, this is due to government’s downward review of the benchmark values discount on vehicle imports. In an interaction with Citi Business News, …

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LPG price up 5% after fuel price, transport fare hikes

LPG consumers will, henceforth, be paying 5 per cent more for the same quantity of the fuel they purchased previously, as the price of the commodity shoots up from today, Thursday, 3 March 2022, as a result of the restoration of the Price Stabilisation and Recovery Levy (PSRL) on fuel …

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Power thieves in Tema region billed over GH¢6million

General Manager of the Tema region of the Electricity Company of Ghana, Ing. Emmanuel Akinie, has indicated that, as part of the company’s effort to solve the issue of power theft in the region, a number of customers were apprehended last year and billed over GH¢6 million. “We were able …

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Prices of 3-bedroom East Legon houses can buy mansions in US – Akufo-Addo

President Nana Akufo-Addo has bemoaned the high cost of properties in Ghana and urged the Ghana Chamber of Construction Industry to find innovative ways to build less costly properties for Ghanaian citizens so more people can own homes. The President told the Chamber at a meeting: “I hear in Ghana, …

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Court summons BoG to produce Capital Bank accounts statement

The High Court in Accra has ordered a subpoena to be served on the Governor of the Bank of Ghana Dr Ernest Addison to appear or instruct its official to appear before it on March 10, 2022. The court said the Governor or his office is to appear to produce statements …

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Legon student narrates how Fameye forcefully took his phone

A young man who identifies as Dave on Twitter has refuted the allegations Ghanaian artiste, Peter Famiyeh Bozah, popularly known as ‘Fameye,’ leveled against him on social media. Fameye in a Twitter post on March 2, recalled an instance where he was ‘dressed down’ by the University of Ghana student because …

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VIDEO: Shatta Wale, Medikal rent private jet for U.S tour

First or Business Class flights were ruled out of the plans this time around as Shatta Wale and his best friend, Medikal, flew in a private jet to the United States ahead of their Deeper than Blood (DTB) tour. Captured in black apparel, the two took to social media to flaunt the interior …

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Ghana Month: How the cedi got its name

Many years ago, before Ghana gained its independence in 1957, locals in the Gold Coast used the British West African Pound which was the currency of the British colonies in the region. According to the Bank of Ghana, during this period, the West African Currency Board (WACB) was in charge of …

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