BUSINESS

Her Majesty Queen Elizabeth II has paid tribute to Former President Jerry John Rawlings who was laid to rest today after four days of final funeral rites. In her tribute, the Queen said she was saddened when she heard of the death of the JJ Rawlings. “I was saddened to …

Market Summary The GSE Composite Index opened the week flat at 2,002.29 with a 3.13% year-to-date return while the market capitalization was unchanged at GH¢55.07 billion. The GSE Financial Index recorded no gains or losses, closing at 1,816.34 with a year-to-date return of 1.88% while the SAS Manufacturing Index stayed …

Commuters in Accra have called on the government to direct commercial drivers to reduce passenger intake to enhance the observation of social distancing in vehicles. That, they said, had become necessary to contain the second wave of covid-19, in view of the increasing number of cases being recorded daily. In …

Amid the second wave of the coronavirus pandemic, policy makers currently face uncertainties on how the economy will respond, Director of Research and a member of the Monetary Policy Committee of the Bank of Ghana, Philip Abradu-Otoo, has said. Although the country’s economic growth has been projected by international ratings agency …

Business owners and corporate managers in Ghana are in a state of palpable unease in reaction to the warning delivered in a nationwide television address by President Akufo-Addo that Ghana may return to partial lockdown if the country’s Coronavirus situation continues to deteriorate. By the end of last week, the …

The Government of Ghana has set a new deadline of May 2022 for the unification of the Sankofa and the Afina oilfields, the former already being operated since 2017 by ENI and the latter discovered in 2019 by Springfield, but still awaiting a Plan of Development. However, government’s insistence on …

The Ghana Incentive-Based Risk-Sharing System for Agricultural Lending (GIRSAL) has issued guarantee cover for loans of about GH¢66 million given by financial institutions to agribusinesses. This was made known by Ken Ofori -Atta, the President’s nominee for Minister of Finance, in a speech read on his behalf by the former …

The Ghana Chamber of Telecommunications has increased its calls for the removal of the law that establishes a charge of 19 cents per minute on inbound international calls on telecommunication companies. According to the Head of Research and Communications at the Chamber, Derek Laryea, the law imposed is hampering the …

President Nana Addo Dankwa Akufo-Addo has earned praise for acknowledging persons living with disabilities with the inclusion of one Mr Joshua Makuba in his list of nominees for ministerial appointments. President Akufo-Addo on Thursday, January 21, 2021, sent to parliament a total of 46 nominees for consideration to be appointed as sector …

Nobody is suffering more from a global chocolate standoff than the Ivory Coast cocoa farmer. Less than two years after the top cocoa producer teamed up with neighboring Ghana to force companies from Hershey Co. to Nestle SA to pay more for their beans, the attempt to exert control over …