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BUSINESS

Ivorian ex-leader Gbagbo supporters prepare for his return

  Supporters of former Ivory Coast president Laurent Gbagbo bought t-shirts and painted the headquarters of his Ivorian Popular Front (FPI) movement, one day before he returns to the country for the first time since 2011. “When he left, nobody wanted it. But they say he is coming. He is …

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Great Olympics CEO handed a one-match ban

  The Disciplinary Committee of the Ghana Football Association (GFA) has handed Mr. Olloboi Commodore a one-match ban and a fine of GHC2,000. This follows an interview he granted to an Accra based radio station Happy FM where he said ‘if not for dubious officiating they (referring to Accra Hearts of Oak …

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VIDEO : Shoprite’s meat section at Accra Mall closed down by FDA

• A viral video has shown that, the FDA has shut down the meat section of the Accra mall following the sale of some thawed frozen chicken •The FDA is hinting on going to other branches to also close it down if more of thawed meat are found there as …

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Energy Minister swears in 3-member IMC for TOR; Managing Director and deputies sacked

  The Minister for Energy, Dr. Matthew Opoku Prempeh, has sworn in a 3-member Interim Management Committee to oversee the affairs of the Tema Oil Refinery (TOR) as part of efforts to restructure and revamp it. The Chairman of the 3-member IMC is Nobert Cormla-Djamposu Anku. The other members are William Ntim Boadu …

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Tema Oil Refinery MD, deputy fired

The Managing Director (MD) of Tema Oil Refinery (TOR), Francis Boateng, has been sacked from his post, together with his deputy, Ato Morrison. The duo, who had been at the helm of the troubled state-owned refinery since May 2020, were reportedly served with their dismissal letters last Friday June 11, …

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Eugene’s public apology to the wife was senseless – Counsellor Lutterodt

Counsellor George Lutteordt has described the public apology issued by Blogger Eugene Osarfo Nkansah to the wife on the day of their second year marriage anniversary following the secrets revealed by Abena Korkor as useless and one that should have been avoided. According to the controversial counsellor, the best approach …

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Proposed new gold mine to reverse production slump

After several years of lull with regards to new gold mines, Ghana is finally about to get one, as Canadian junior, Newcore Gold has announced a preliminary economic assessment (PEA) for its Enchi gold project. It outlines plans for an open pit and heap leach operation processing 6.6 million tonnes …

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Ghana Inflation falls to unexpected record low

  Ghana’s inflation rate dropped its lowest level since the start of 2013, at 7.5 percent in May, which is less than the median of the Bank of Ghana’s target band of between 6 percent and 10 percent. The fall in headline consumer price inflation from April’s level of 8.5 …

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BoG’s response to Duffuor and Amoabeng’s petition disrespectful to parliament – Ato Forson

Ajumako-Enyan-Esiam Lawmaker, Cassiel Ato Forson, has said the response by the Bank of Ghana (BoG) to Parliament in relation to the petition filed by owners of the defunct Unibank and UT, Dr Kwabena Duffuor and Prince Kofi Amoabeng respectively, is disrespectful to the legislature. The former Deputy Minister of Finance under the Mahama …

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GRA introduces rent tax – Commissioner-General

• Implementation of rent tax will kick off by end of this year • Rent tax must be paid within 30 days after the rent income is received by landlords or property owners • Payment of the rent tax can be made at the nearest Domestic Tax Revenue Division Office …

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