BUSINESS

On the Interbank forex rates from the Bank of Ghana today, February 17, 2022, the Ghana Cedi is trading against the dollar at a buying price of 6.3068 and a selling price of 6.3132. As compared to yesterday’s trading of a buying price of 6.2988 and a selling price of 6.3052. …

The Board of the Ghana Airports Company Limited (GACL) have appointed a new Managing Director in the person of Madam Pamela Djamson-Tettey. She assumes the seat vacated via resignation by Yaw Kawkwa, the outgoing Managing Director whose ‘sacking’ was embroiled in controversy weeks ago. Read the GACL statement below: A …

The association of Private Commercial Transport Operators has announced it is increasing transport fares by 30 percent follwing recent increase in fuel prices. The group has directed its members to effect the increment by Friday February 18,2022. “We, the members of the Private Commercial Transport Operators, wish to inform the …

It’s been just two months since the year 2022 began but prices of goods and services have started shooting up aggressively. The national year-on-year inflation rate was 13.9% in January 2022, which is 1.3 percentage points higher than the 12.6% recorded in December 2021. Inflation is the rise in the …

The Ministry of Fisheries and Aquaculture Development has been directed by the Public Accounts Committee of Parliament (PAC), to refund US$17,397 or its cedi equivalent to the government’s coffers within two weeks. The amount which was used for foreign travels by members of the ministry were not accounted for and was …

Ghana since 2019 has lost over 39,400 hectares of forest due to activities of cocoa production, this has been disclosed by global advocacy organisation, Mighty Earth in its latest report. The report dubbed ‘Sweet Nothings’ raises concerns on how cocoa is still driving the destruction of protected areas in cocoa-growing …

Data published by the Bank of Ghana have shown that consumers’ appetite for Internet banking has started slowing down. An analysis of the Summary of Economic and Financial data (January 2022) indicates that the growth rate of Internet banking – both in terms of value and volume – slowed in December, …

The Chamber of Petroleum Consumer Ghana (COPEC) is predicting yet another fuel price increment in the coming days. The move is expected is to impact prices of petroleum products which are currently selling at around GH¢7 cedis at some pumps in the country with consumers already grappling to purchase. According …

As Valentine’s Day approaches, pressure may be mounting on couples or people in relationships to impress their partners with the best gifts. The day is mostly characterized by gifts and special love messages all across the world. With the advent of social media as well, most people are quick to …

The Chief Executive Officer of the National Petroleum Authority (NPA) Dr. Mustapha Abdul-Hamid has disclosed that the price deregulation policy of the petroleum sector is being reviewed. Addressing the media on Friday, 11 February 2022 in Kumasi after a tour of the Ashanti region, he said a committee was set …