BUSINESS

  The Ghana Union of Traders Association (GUTA) has described as needless the ministerial delegation directed by President Buhari to be sent to Ghana to resolve the trade impasse between Ghana-Nigeria traders. According to the President of the Association, Dr. Joseph Obeng, Ghana is only enforcing its trade laws and …

The management of Dzata Cement says it yet to announce the price of its products. It comes after widespread social media reports that the cement is selling for GHC30,  a price way below competition. Different brands of cement sell between GHC45 and Ghc50 currently in Ghana. In a statement, the …

Member of Parliament for Assin Central, Kennedy Agyapong has condemned what he says is the excessive use of soldiers by some bigwigs of the ruling New Patriotic Party(NPP) to appropriate innocent peoples properties. According to him, some party big shots have turned some officers of the revered Ghana Army into …

Inflation returned to single digit as it remarkably fell to 8.5% in April 2021, from the 10.5% recorded in March 2021, figures from the Ghana Statistical Service have revealed. It is the first single digit rate recorded in the year, following the ravaging effects of covid-19 on the economy. This …

  The Ashaiman Main Market Butchers Association has decried the importation of meat products into Ghana, arguing that the situation is crippling their business activities. They fear losing their business for the reason that about 80% of their customers preferred cheap imported meat to fresh ones on the local market. …

  Trade and Industry Minister, Alan Kyerematen, has commended Ibrahim Mahama, Founder of Dzata Cement Limited, for investing heavily in the cement industry. The over US$100 million investment is located on a 10-acre land near the Tema Port. Mr Kyerematen made the commendation when he paid a working visit to the plant …

    The Chamber of Cement Manufacturers Ghana has indicated that the high cost of cement is a result of the high cost of production, unfair trade practices, low utilisation of cement products, and unfair competition. The Chamber believes the pressure caused by the COVID-19 pandemic is also a major factor. Ghana …

Manchester City have won a fifth Premier League title in nine years Manchester City have won a third Premier League title in four years after closest challengers Manchester United were beaten by Leicester City. Pep Guardiola’s side are now 10 points ahead of second-placed United, who have just three games …

  The National Development Bank (NDB) will begin its operations by end of July this year, the Finance Minister, Ken Ofori-Atta has said. The Bank, according to him, would provide long term wholesale financing to the private sector through Commercial banks. The Minister said this at a press briefing on Sunday to …

Transportation Company Limited (BOST) has cleared all of its GH¢237 million debt owed to some domestic banks in the country. The money, which was owed GCB Bank, Fidelity Bank, UMB Bank and UBA Bank, was paid through government’s intervention, internally generated funds and the upward adjustment of the BOST margin. …