BUSINESS

Ghana has picked Rocksure International as a strategic partner to build a mine and refinery in a bid to develop an industry out of its untapped bauxite reserves.   The Accra-based company will own a 70% stake in the project and the state-owned Ghana Integrated Aluminium Development will have the …

In contravention of the Public Finance Management Act 2016, Act 921 and international best practice, some 45 public enterprises have failed to submit mandatory financial reports to the Ministry of Finance since 2016. The composition of the defaulting companies are: one State Owned Enterprises (SOEs), 34 Owned State Enterprises (OSEs) …

The Chairman of Afro-Arab Group of Companies, Alhaji Salamu Amadu has emphasized that Afro-Arab Microfinance, a subsidiary of the Afro-Arab Group will continue to empower women and youth in the country. According to the Chairman, the concept behind the establishment of the Microfinance was to provide support to youth and …

Her Excellency Harriet Thompson, British High Commissioner Members of the Board of Directors, Standard Chartered Bank (Ghana) Mrs. Mansa Nettey, Chief Executive, and the Management Team, Standard Chartered Bank (Ghana) The President of Ashesi University Invited Guests, Distinguished Ladies and Gentlemen On 30th November 2020, I had the singular honour …

Fuel prices in the country are likely to see an increase by two percent in the following days. This is the latest prediction by the Institute for Energy Security. The IES prediction is based on the increase in prices of petroleum products on the world market and the depreciation of …

The Registrar-General’s Department (RGD) says it will strike off dormant and default companies after the end of its validation of dormant companies at end of September, 2021. It said the exercise was to validate dormant companies, which adhered to the directive of the Registrar of Companies to file their annual …

• Aggrieved customers of Menzgold want Parliament to investigate the closure of the company • They indicated that there is a lack of governments commitment to pay their locked up funds • They made this known to the press in Accra Menzgold customers want Parliament to investigate the closure of the company …

Government has suspended the supply of premix fuel to some four landing beaches in the Central Region until further notice. The affected landing beaches are British Komenda, Moree, Abandze and Dago. According to the National Premix Fuel Secretariat of the Ministry of Fisheries and Aquaculture  Development, the decision is a …

Although the equities market this year has been on a stellar run cumulatively, pension funds share has declined from the position earlier recorded in the first half of the year of 2021, latest data from the Ghana Stock Exchange (GSE) has shown. The August 2021 report issued by the GSE …

There were chaotic scenes, wailing and curses on Monday, September 13, 2021, as the Ashanti Regional Coordinating Council (RCC) begun evicting traders from Kumasi Central Market to pave way for the completion of the ongoing phase two of the Kejetia/Central Market Redevelopment project. Some traders who were evicted said they …