BUSINESS

While a significant majority of Ghana’s wealthiest individuals continue to shun its local bourse ­– preferring to build their fortunes through privately-owned companies – a tiny handful of high net-worth individuals keep a portion of their investment portfolios in listed equities on Ghana’s largely illiquid stock market. Based on figures …

August 24, 2021- GROHE has reinvented its first Eurosmart faucet for the bathroom to meet modern day needs. The product which was introduced more than 20 years ago has become a legendary number as it has quickly developed into the undisputed bestseller in the brand’s faucet portfolio and establishing itself …

A Tribunal constituted under the auspices of the London International Court of Arbitration (LCIA) has issued an award in favour of the Bank of Ghana dismissing all claims brought by Sibton Switch Systems Limited (“Sibton Switch”) in relation to the termination by the Bank of the Master Agreement for the …

The International Monetary Fund (IMF) has transferred a little over US$1 billion into the Bank of Ghana‘s account as part of a Special Drawing Right (SDR) allocation to support economic recovery. This came to light when the Fund issued a circular showing Ghana was the 4th country to receive the …

The International Monetary Fund (IMF) will on Monday August 23 2021, make resources equivalent to US$1 billion available to Ghana, in the form of a Special Drawing Rights (SDR) allocation. Launched for all countries to respond to the worst peacetime global recession since the great depression, the SDR allocation follows …

Cousin of the President, Mr Gabby Otchere Darko has just announced that the government has decided to use the old Agbogbloshie market land as a district hospital under the Agenda 111 project. In a Facebook post sighted by MyNewsGhana.net, a very delighted Mr Otchere Darko said the construction of the …

JoyNews has released a documentary produced by Joojo Cobinah focusing on the abandoned Komenda sugar factory which has been rusting away since operations halted. The old factory, built-in 1964, became defunct about 30 years ago due to technical difficulties and mismanagement. “He (President Nana Akufo-Addo) promised that he will fix …

Tavona Biza, the Group CEO of Old Mutual Ghana, has in an interview after the ɔbra Pa Retirement Salary stakeholder engagement program held in Accra, advised Ghanaian youth to start thinking of retirement and life after retirement. Speaking after the event which was themed ‘Retiring with Confidence; how to live …

The Economic and Organised Crime Office (EOCO) has cautioned salaried workers on the current scams targeting them. EOCO said it had in recent times received a number of complaints from salaried workers, who had fallen victims to these individuals. A statement issued in Accra, and signed by Madam Faustina Lartey, …

Ghana Cocoa Board expects production to reach 1.06 million tonnes for the 2020/21 season, the Chief Executive Mr Joseph Boahen Aidoo, said on Thursday. He said with six weeks to the end of the season, the Board had recorded 1.033 million tonnes, beating the previous record of 1.024 million metric …