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BUSINESS

Speaker gives KT Hammond the green light to lay off L. I on import restrictions

  According to Speaker of Parliament, Hon. Alban Kingsford Sumana Bagbin, Trade Minister KT Hammond can introduce the government’s L.I. on Thursday, which intends to restrict the admission of particular goods. The Minority objected to the plans to lay it on Tuesday once more, stating the same reasons that the …

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Partnerships for Progress: Collaboration between banks and Fintechs is the future of banking in Africa

    By Ike.S Anison, Country Director, Ghana/Liberia/Gambia at Onafriq   Historically, the formal banking sector’s penetration in Africa has been relatively low. And, while there has been significant improvement in this area in recent years, there is still a significant portion of the population on the continent who are unbanked …

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HON. BENITO OWUSU-BIO COMMENDS NEWMONT GHANA FOR THEIR  FOREST OFFSET RESTORATION PROJECT

  The Deputy Minister for Lands and Natural Resources responsible for Lands and Forestry, Hon. Benito Owusu-Bio, has emphasized the importance for mining companies to fulfill their obligation of land and forest reclamation which is a condition precedent for the issuance of operational license to mine in the Forest Reserve. …

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Former GUTA Prez Fumes At ETLS For Promoting Unfair Trade Among Other ECOWAS Member States

  The immediate past President of the Ghana Union of Traders Association (GUTA) who doubles as the Chairman for the Council of Elders for GUTA, Barima Dr. Nana Ofori Ameyaw l has described the Economic Community of West African States (ECOWAS) Trade Liberalization Scheme to be promoting unfair trade practices …

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Cling Events CEO Nana Akua Akuffo Wins Prestigious Ghana Industry CEO Award

Nana Akua Akuffo   The Chief Executive Officer (CEO) of Ghana’s number one events management and interior decoration firm, Cling Events Ghana, Nana Akua Akuffo, has won yet another coveted award, a testament of her hard work and visionary leadership.   Ms. Akuffo was adjudged the CEO of the Year …

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Justice can’t be administered by persons of depraved morality – Supreme Court Judge

Supreme Court Judge, Justice Emmanuel Yonny Kulendi, says a person of depraved morality cannot be given the opportunity to administer justice in the country. This, he explained is because of the person’s element of impartiality and the need to engender the confidence of the people receiving the verdict. “A dishonest …

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Electricity essential if 24hr economy will be implemented – Prof Gatsi

Economist Prof. John Gatsi, has suggested that electricity is essential if the 24-hour economy proposal by the flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, is to be implemented. He believes part of the manufacturing sector will be disincentivized if constant electricity is not provided to ensure effective …

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What has 24-hour economy got to do with not sleeping with your wives? – Clement Apaak asks Regional Minister

The Builsa South MP, Clement Apaak has condemned comments made by the Upper East Regional Minister, Stephen Yakubu over former President John Mahama’s 24-hour economy proposal. Mr Yakubu is seen in a video questioning the feasibility of the 24-hour economy idea. He argued that the proposed 24-hour economy would deprive …

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Cedi loses 25.8% of value to dollar – BoG report

The November 2023 Summary of Economic and Financial Data by the Bank of Ghana has put the depreciation of Ghana’s currency, the cedi, at 25.8% as of November 2023. Per the data, the cedi had remained relatively stable between March and September 2023, selling at GHS 11.01 and GHS 11.13 …

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We will continue to go to IMF until we develop agriculture – Prof Oquaye

Former Speaker of Parliament, Prof. Aaron Mike Oquaye, says the country will continue to run to the International Monetary Fund (IMF) for financial support until it utilizes its natural resources well and pays attention to agriculture. He said investments in the sector would give rise to giant industries that would …

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