BUSINESS

60-year-old man goes missing

The family of 60-year-old Thomas Agbetorglo is appealing to the general public to help with information on his whereabouts. According to his niece, Patience Otu, he was last seen on Tuesday, March 16, 2021, at Teiman Borga Town in Oyarifa in the Greater Accra Region. Patience said Mr Agbetorglo developed …

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European Union And UNIDO Supports Ghana Cosmetics Industry

ACCRA, 8th April 2021 – The West African Competitiveness Program (WACOMP) funded by the European Union and implemented by the United Nations Industrial Development Organization (UNIDO) in coordination with the Ministry of Trade and Industry (MoTI) as part of boosting the cosmetics and personal care industry in Ghana has in …

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GRA begins investigations into tax evasion allegations against firms

The Ghana Revenue Authority (GRA) has begun investigations into some tax evasion and money laundering allegations against some companies. According to the GRA, penalties will be given to firms that a found guilty of perpetrating such acts. The GRA in a statement on Thursday, April 8 said its attention “has been …

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Kumasi: Dumsor is collapsing our business – Cold Store owners cry

Cold store operators at the Asafo Market in Kumasi, the Ashanti regional capital, say they are gradually losing their business due to the erratic power supply. According to them, they have had to dispose of hundreds of cartons of spoilt fish due to months of unreliable power supply. The traders …

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SEC drafts new guidelines to check misappropriation of investments

  The Securities and Exchange Commission (SEC), has begun drafting a new guideline on third party and related transactions that will prevent misapplication and misappropriation of investment funds by fund management firms. The collapse of some management firms was attributed to a third party and related transactions. The deputy director …

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Italian warship berths in Tema port to collaborate with Navy in tackling piracy surge in Gulf of Guinea

An Italian warship, Luigi Rizzo with a crew of soldiers of about 187, has berthed at the Tema Port to engage the Ghana Navy in a collaborative exercise aimed at curbing the growing activities of pirates off the Gulf of Guinea. According to statistics, piracy off the Gulf of Guinea, …

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Resign over ‘non-Akan’ NPP flag bearer comment – Northern NPP group to Kyei-Mensah-Bonsu

A group calling itself Concerned Northern Grassroots of the governing New Patriotic Party (NPP) has condemned Majority Leader Osei Kyei-Mensah-Bonsu for suggesting that the party go for a non-Akan as its next flag bearer. The Minister of Parliamentary Affairs, recently said in an interview that: “Inwardly, I know I have the competence to lead …

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FIFA bans Chad from football activities for life – DETAILS

Global football governing body, FIFA has banned Chad from football until further notice. The decision was taken by the Bureau of the Fifa Council on Wednesday and takes effect immediately. Note that in December 2020, Fifa had rejected a request from the country’s ministry of sports to dissolve the Chadian Football Federation. …

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Bawumia launches NPA’s Digital Retail Outlet Fuel Monitoring System

The Vice-President, Dr. Mahamudu Bawumia has launched an innovative Digital Retail Fuel Monitoring System by the National Petroleum Authority (NPA) in Accra. The Fuel Monitoring System, which allows fuel in OMC tanks across the country to be monitored by NPA, will curb illicit activities in petroleum downstreaming, such as unauthorised third party …

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1D1F: B5 Plus Ltd reveals huge investment in new pre-fabrication and manufacturing plant

Mukesh Thakwani, the Chief Executive Officer of leading steel and iron manufacturing company in West Africa B5 Plus Limited, has commended the Government for the implementation of One District One Factory. According to him, under the leadership of President Nana Addo and the existence of the 1D1F program B5 plus …

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