BUSINESS

Board members of the new Kejetia market have admonished leadership of the traders to go through the laid down procedures in their bid to securing separate electricity meter for the traders. Board Vice Chair Nana Agyenim Boateng I, speaking on Akoma FM’s weekend political show Wonsom Saturday, August 7, explained that “we are …

Ghana Cocoa Board (Cocobod) has hinted of plans to introduce mini farm trucks to cocoa farmers to aid the carting of essential farm inputs between farms and the communities. The initiative is part of efforts by the Ghanaian cocoa sector regulator to mechanize some farm activities towards making cocoa farming …

The Government of Ghana, through the Ministry of Finance, has announced a release of over GH¢260 million for the payment of arrears owed the fertilizer companies from May to July 2021. Dr Owusu Afriyie-Akoto, Minister for Food and Agriculture, made the announcement in Accra in a response to an urgent …

Traders at the newly built Kejetia Market have suspended payments of bills, service charges, and other monthly tariffs to management of the market with immediate effect. This, according to them, is to register their displeasure over high electricity cost and lackadaisical attitude of the market’s management in resolving their concerns. …

The Bank of Ghana has directed telecommunications companies, financial technology companies, mobile money operators, utility providers, among other organizations to provide information on the credit behaviour of borrowers to curb risk associated with lending. Other organizations required to also provide information about their clients to the Credit Reporting System (CRS) …

Alan Kyerematen, the Minister of Trade and Industry, has reiterated that the African Continental Free Trade Area (AfCFTA), will provide a unique platform to guide Africa’s post-COVID-19 economic recovery effort. Mr Kyerematen said this in his address at the maiden AfCFTA – Angola Business Investment Forum in Accra. The event …

Ghana’s current public debt stock of GHȼ334 billion means each citizen owes GHȼ11,133. That is, if the provisional public debt stock was evenly distributed among the 30 million Ghanaians at the end of June this year. Inference drawn from data provided by the Bank of Ghana suggests that the increase …

Ad • GNPC seeks the loan to purchase two stakes in Ghana’s offshore fields • Energy Minister Matthew Opoku Prempeh makes the demand in a memorandum for GNPC • GNPC hopes to produce an extra 200,000 barrels of crude oil and wants parliament to treat the request as urgent A …

The Ghana National Petroleum Tanker Drivers Union has appealed to President Nana Addo Dankwa Akufo-Addo to intervene in the operations of the Bulk Oil Storage and Transportation Company Limited (BOST) as its operations were taking a nosedive. They argued that for close to a year now majority of the Tanker …

In December 2018, the Bank of Ghana (BoG) issued a Corporate Governance Directive, pursuant to its powers under sections 56 and 92(1) of the Banks and Specialised Deposit-Taking Institutions Act, 2016, Act 930. The Association of Finance Houses, in November 2020, brought an action at the apex court challenging the …