BUSINESS

Stock market capitalisation jumps by GH¢3.64 billion in April 2021

The value of the Ghana Stock Exchange grew by GH¢3.64 billion in April to GH¢60.8 billion, as the market’s bull run since the last quarter of 2020 continues. At the end of trading in April, the GSE Composite Index achieved a year-to-date return of 31.93 percent compared with 13.99 percent …

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Ghana’s economy ranked 8th biggest in Africa

Ghana’s economy has ranked 73rd in the world in terms of Gross Domestic Product (GDP) for the year 2019 making it the 8th largest economy in Africa. The 2020 figures are not expected for another year. According to the World Bank, Ghana’s economy stood at about US$67 billion in size …

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Ghana’s economy ranked 8th biggest in Africa

  Ghana’s economy has ranked 73rd in the world in terms of Gross Domestic Product (GDP) for the year 2019 making it the 8th largest economy in Africa. The 2020 figures are not expected for another year. According to the World Bank, Ghana’s economy stood at about US$67 billion in …

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VIDEO: Banks in Ghana are bogus – Kennedy Agyapong

  Kennedy Ohene Agyapong (NPP – Assin Central MP) has described banks in Ghana as bogus due to the poor services they offer to their customers. Narrating his ordeal with some of the banks on ‘The Attitude with Hon Ken Agyapong’, a show on his own TV station, the owner …

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No plans to relocate to Ghana yet – Twitter Co-Founder reacts to Minister’s claim

Co-Founder and Chief Executive Officer of Twitter Inc. Jack Dorsey has debunked assertions that he was relocating to Ghana soon. His reaction comes after Ghana’s Communications and Digitalisation Minister, Ursula Owusu-Ekuful, had indicated that Jack Dorsey was expected to move to Ghana in June as part of plans to establish Twitter’s …

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VIDEO: Agradaa Returns 3 gods To Togbe Akakpo

Self-acclaimed evangelist Patricia Oduro aka Nana Agradaa has finally returned 3 deities she borrowed from other fetish priests when she was a fetish priestess. In a recall, some of Nana Agradaa’s deities were burned down in her shrine with the help of her spiritual father Pastor Joseph Kwadwo Kyere of …

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Court grants injunction stopping Stanbic Bank from holding Annual General Meeting

Management of Stanbic Bank Ghana have, by an Accra High Court injunction, been restrained from holding their 22nd Annual General Meeting. Scheduled for May 5, 2021, the court barred management of the Bank from holding the meeting “on the 4th floor, Stanbic Heights, Airport, Accra or any venue in Ghana …

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Ghana loses US$6 billion yearly in mining sector – Dr. Ali-Nakyea

Curbing illicit financial flows will be one of the surest ways for the government to raise money to fund the budget and other development projects, Dr Abdallah Ali-Nakyea, Senior Lecturer of University of Ghana Law School, has said. He alleged that in the mining sector alone, the government lost $6 …

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Workers of Kumasi abattoir want MD sacked

A meeting between management and workers of the Kumasi Abattoir Company Limited is expected to be held later today, Friday, after a protest nearly halted operations at the slaughter house. The aggrieved workers are demanding the immediate removal of their Managing Director Joseph Owusu Boadi, who has been accused of …

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MTN to increase call, data charges from Saturday

Telecom giant MTN Ghana says it is reviewing its call and data tariffs upwards beginning Saturday, May 1, 2021. MTN says the move is to make room for the 1% increase in  National Health Insurance Levy by the government. Government introduced the increased tax as part of measures to plough back revenue …

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