BUSINESS

President Nana Addo Dankwa Akufo-Addo has said the Volta River Authority (VRA) made profit for the first time in nine years. He noted that stable electricity power has been provided under his administration. The President disclosed this on his Facebook page as part of the achievements of his government in …

Bank of Africa awarded for contribution to Diversity and Inclusion in the finance sector Support women to take top management positions in Ghana – CGIA CGIA holds 2nd Women in Finance and Investment Summit Chartered Global Investment Analysts (CGIA) Institute has awarded six Ghanaian women for their contribution to finance …

Aviation giants, Emirates Airlines has extended an initial 48-hours ban for flights from Accra to Dubai indefinitely. “Emirates flight suspension from Accra to Dubai effective December 27, 2021, is now extended until further notice,” the airline said in its urgent broadcast sent to trade partners on Tuesday, December 28, 2021. …

Touted as one of the fastest-growing economies in Africa, Ghana is home to 110 multimillionaires and 2,800 high net-worth individuals. Collectively, they control roughly $56 billion in assets. Despite not having any billionaires in dollar terms, Ghana is leaps and bounds ahead of many African countries in terms of wealth …

Cedi depreciated averagely by 9 percent at the retail market leve At the interbank market cedi currently depreciating by 3 percent on the average Cedi depreciated by 3 percent averagely for both interbank and interbank in 2020 A Senior Currency Analyst at Databank Research, Courage Martey, has indicated that the …

West Africa records US$164.1 external public debt, Statista Nigeria, Ghana and Ivory record highest debt levels in the sub-region Governments in West Africa continue to borrow significantly, Report It is important to note that figures captured from the Statista report were published on June 10, 2021. Public debt stocks of …

New prices for sachet and bottled water kick in today, December 27, 2021; per an announcement days ago by the National Executive Committee (NEC) of the National Association of Sachet and Packaged Water Producers (NASPAWAP). According to the statement from producers, the price of a unit of sachet water will …

An ultra-modern water closet public toilet started in 2018 under the “one constituency, one million dollars “project in the Krachi Nchumuru District of the Oti Region has been abandoned. The facility which was to serve the people and curtail open defaecation in the area has been completely taken over by …

An Economist and New Patriotic Party (NPP) stalwart, Mr. Kwame Pianim, has accused Finance Minister Ken Ofori-Atta of badly managing the fiscal space in the country. He accused the Finance Minister of excessive borrowing, an action of the Minister he indicated, is leading to the high public sector debt. Asked about his …

The Bank of Ghana (BoG) has withheld large sums of money suspected to have been laundered from abroad by some foreign counterparts remitted to certain individuals and businesses in the country, thereby, further reporting such cases to the Economic and Organised Crime Office (EOCO) to prosecute the culprits. In a …