BUSINESS

Minister of Energy, Dr. Matthew Opoku Prempeh, has warned workers of Tema Oil Refinery (TOR) that government will not hesitate to dismiss anyone who seeks to sabotage the operations of the refinery. According to him, he would not shield any worker of the refinery including management, whose operations would go to …

MTN MoMo has announced that effective 2nd April 2021, all MoMo customers will be required to present valid ID cards before any MoMo cash-out (withdrawal) transaction can be processed. As a result of this directive, all MoMo agents will be required to select the ID type and enter the ID …

Finance Minister-designate, Ken Ofori-Atta has justified the 1 percent COVID-19 levy introduced in the 2021 budget statement following the agitation over the new tax. Ofori-Atta believes this will among other things prop-up the health system against the pandemic and also support the payment of COVID-19 vaccines imported into the country. …

Russian President Vladimir Putin likely authorised attempts to influence last year’s US election in favour of former President Donald Trump, intelligence officials say. Moscow spread “misleading or unsubstantiated allegations” about the eventual winner, Joe Biden, according to a US government report. But it said no foreign government had compromised the …

The Road Transport Operators Union has, in a statement, urged the general public to disregard the recent arbitrary increase in road fares by some commercial vehicle drivers. They have described the increase in fares as “unfounded” and in contravention of how transport fares are determined in the country. According to …

A year ago, Ghana’s President Nana Addo Dankwa Akufo-Addo became the first African leader to be invited in about 60 years on a state visit to Switzerland. But his visit may not have gone as his host would wish as he announced that his country will soon end the process of selling …

The construction of the National Cathedral of Ghana, which will provide an interdenominational sacred space for the nation, “remains a national priority”, the government has indicated. “Despite delays caused by the COVID-19 pandemic, work is on course to construct the iconic edifice in the heart of the nation’s capital”, caretaker …

Despite the challenges of the COVID-19 pandemic Ericsson – the first company to launch live commercial 5G networks on four continents – remained committed and on track in 2020 towards reaching its sustainability goals while also setting ambitious new targets. The COVID-19 pandemic has accelerated digitalization across the globe. And …

Economist Dr. Adu Owusu-Sarkodie has predicted that Ghanaians may not enjoy a decrease in transport fares even though government has announced the suspension of vehicle income tax for beneficiaries of commercial public transport popularly called ‘trotros’ and taxis. Caretaker Finance Minister Osei Kyei-Mensah-Bonsu in presenting the 2021 Budget Statement said suspension of …

In an effort to achieve direly needed fiscal consolidation while at the same time providing equally greatly needed stimulus to the economy, the President Nana Akufo-Addo administration has unveiled 2021 national budget proposals that comprise a curious combination of tax rebates and newly introduced levies. While the new levies have …