BUSINESS

Some men believed to be military personnel with the Ghana Airforce Saturday afternoon allegedly bullied some innocent civilians near Asutuare Junction in the Shai Osudoku District of the Greater Accra Region. GhanaWeb gathered that the purported military personnel went berserk in the area and allegedly assaulted five labourers working on a …

The Government of Ghana has settled almost 90 percent of the total cost of the 250 Megawatts Ameri power plant procured from UAE-based Africa & Middle East Resources Investment Group, energynewsafrica.com can report. The Ameri power plant was procured in 2015 by the previous administration when the West African nation …

Some traders at the Central Market in Kumasi have sued the Kumasi Metropolitan Assembly in an attempt to stop the second phase of the Kejetia-Central Market redevelopment project. The eight traders, all belonging to the Kumasi City Market Traders Union, want to stop the demolition of more than 1,000 stores …

The Ghana National Council of Private Schools (GNACOPS) has described as out of law, a directive by the National Schools Inspectorate Authority (NaSIA) to banks against doing business with unlicensed pre-tertiary schools. In a piece of earlier advice to the banks, NaSIA said: “We are by this letter entreating all …

The Registrar-General’s Department has issued a third and final warning to strike out names of dormant companies from its Register. The notice comes after the Department issued previous notices published on December 1, 2020. A statement issued in Accra and signed by Mrs Jemima Oware, the Registrar-General, said “kindly note …

The Ministry of Trade and Industry has dismissed media reports that there is currently tension at the African Continental Free Trade Area (AfCfTA) Secretariat in Accra. The Ministry said in a statement that the reports are not only untrue but also disingenuous and are designed to cause disaffection between the …

Traders have left designated sheds, invaded the streets near markets in the Tema Metropolis impeding vehicular and pedestrian movement, Metropolitan Assembly authorities called for sanity. Mr Charles Kobina Amos, the Coordinator of Tema markets in an interview with the Ghana News Agency at Tema on Wednesday noted that the assembly …

Minister of Finance Nominee, Ken Ofori-Atta has urged players in the petroleum sector to join hands in order to address the challenges there. Speaking at a KPMG post-budget forum, Mr Ofori-Atta stressed the need to collaborate with entities like oil marketing companies to manage issues like leakage in petroleum distribution. He said …

Former Minister of Finance, Seth Terkper, has described the 2021 Budget as an Austerity Budget since it lacks the Management of Expenditure Statement, which has been missing since the 2018 budget. Speaking on GBC’s Current Affairs Programme, ‘FOCUS’, Mr. Terkper said challenges with the Economy started before the outbreak of COVID-19 and asked …

Ghana’s quest to serve as a hub for petroleum products in the sub-region received a major boost following the revival of the Bolgatanga Depot of the Bulk Oil Storage and Transportation Company Limited, BOST. The facility, which has a capacity to hold about 46.5m litres of petroleum products, has been …