BUSINESS

The Inspector-General of Police (IGP), Mr James Oppong-Boanuh, has promised to provide police escorts for members of the Ghana National Tomato Traders and Transporters Association to protect them against armed robbery attacks on the Kumasi-Bolgatanga-Burkina Faso highway. This follows a petition presented to the IGP by the tomato importers and …

Some people are so sad that their accounts have been closed by some banks following their involvement in cryptocurrency. This has attracted mixed reactions from some customers, having them talking unceasingly. In more detail, the report available has it that Access Bank, GTBank and UBA begin closing customer accounts that …

Civil Society Organizations critical of the Agyapa Royalties deal say Databank’s withdrawal of its services as transaction advisors does not resolve issues of bid-rigging and other alleged improprieties. According to the group, the timing for the development smacks of an attempt to “preempt the discussions” to be possibly put before …

More than 15,000 direct and indirect jobs are currently being affected negatively due to the failure of Ghana and UK to sign a post-Brexit trade agreement that allows Ghanaian fruit producers’ tariff-free access to the UK market as exists under the Economic Partnership Agreement (EPA). Ghana and UK failed to …

The Chief Executive Officer of Dalex Finance, Ken Thompson, has said there is no way customers of the defunct gold dealership firm, Menzgold, will recoup their lost investments. Unless out of sympathy the government decides to pay them their locked-up funds, they should not think of being able to recover their …

Rates of Treasury securities have fallen as government recorded 96% oversubscription of its latest Treasury bills sale, figures from the Bank of Ghana have revealed. The figures further indicated that investor interest in the government’s short term securities continues to soar, particularly the three-month T-Bills. However, the government’s decision to …

Traders at the Kumasi Central Market are threatening to boycott activities in protest of what they claim to be their relocation with no adequate accommodation arrangement. The city authority has accused the traders of failing to move to designated areas to pave way for the second phase of the market …

  The Chief Executive Officer (CEO) of Ghana Cocoa Board (COCOBOD), Mr Joseph Boahen Aidoo has entreated Ghanaians to consume more chocolate and other cocoa products daily since they contained antioxidants to fight the coronavirus disease. According to him, this will boost their immune system to withstand the infectious disease. …

Figures related to international tourism to Ghana showed a 69 percent decline in 2020, the Ghana Tourism Authority (GTA) has revealed. The authority explains the shortfall can been attributed to the adverse impact of the Coronavirus pandemic amid travel restrictions and lockdowns. Nelson Jones, the Acting Director of Public Affairs at the …

The Chief Executive Officer of Kantanka Automobile, a Ghanaian-owned automobile manufacturing and assembling company, Kwadwo Safo Kantanka Jr, has debunked claims that their cars are not built to meet international standards. He believes that people consider their cars to be substandard “just because it’s a black man who made it.” …