BUSINESS

Fuel Prices To Fall In Second Half Of November — IES Predicts

The Institute for Energy Security (IES) is projecting fuel prices on the domestic market to go down in second half of November this year. IES said it is as a result of indications from the first half of the window. According to IES, prices of fuel on the local market …

Read More »

Nissan to commence assembling cars in Ghana

Nissan Motor Co. is set to start final assembly of cars in Ghana, responding to new legislation aimed at turning the West African country into an automotive hub for the region’s 380 million people. The Yokohama-based company is partnering with Japan Motors Trading Company Ltd., a Ghanaian car dealership, to …

Read More »

Bawumia buys waakye with QR Code to demonstrate use

  Vice-President Dr. Mahamudu Bawumia has urged all merchants in the informal and formal sectors to acquire and start using the all-new, all-inclusive Universal Quick Response Code (QR Code) system developed for Ghana, as part of efforts by the Akufo-Addo government, to migrate the economy from a cash-based one to a cash-lite …

Read More »

University graduate with first-class in mathematics turns cassava farmer

A young university graduate who scored a first-class in mathematics has resorted to what has been described as petty farming to make ends meet. Reports say Emmanuel Nworie from Nigeria graduated with a CGPA of 4.92/5.00 from the University of Nigerian, Nsukka (UNN) but has not found the befitting white-collar …

Read More »

NIC releases list of insurance companies in good standing

The National Insurance Commission (NIC) has shared with the general public all the insurance entities that can be trusted for business operations. NIC is the regulatory and supervisory body of the insurance services sector with a broad consumer. The commission has served the general public with the list of insurance …

Read More »

Government accepts bids for 7-year cedi and 3-year dollar bonds

Government accepted all bids for the 7-year cedi bond and the 3-year dollar bond issuance, according to auctioning results obtained from the Bank of Ghana. For the 7-year cedi bond, it raised GH¢1.03 billion at a rate of 20.5 percent, whilst it got US$388.9 million dollars for the 3-year dollar bond …

Read More »

Strategy for achieving US$25.3 billion by 2029 under NEDS outlined

The Ghana Export Promotion Authority has outlined an integrated list of 17 existing high performing and industrial priority products that could catapult the projected Non-Traditional Export (NTEs) revenue from the current total earnings of US$2.9 billion to US$25.3 billion by 2029. The move forms part of strategic efforts under the …

Read More »

COCOBOD denies wrongdoing in purchase of insecticides

The management of the Ghana Cocoa Board (COCOBOD) has denied any wrongdoing in the matter of the purchase of insecticides for cocoa farms. A statement issued by the management on Tuesday, November 17 said its attention has been drawn to a document circulating on several online and social media platforms …

Read More »

International airlines plan direct flights to Kumasi

AviationGhana sources have confirmed that two major international airlines are planning to start a direct service between their hubs and the Ashanti regional capital Kumasi when the Kumasi International Airport is completed. The two airlines believe that the region has the numbers to make any such future operation successful. “We …

Read More »

Lionel Messi: La Liga president Javier Tebas ‘ready’ for Barcelona star’s departure

La Liga president Javier Tebas says he is “ready” for the exit of Lionel Messi – while criticising Manchester City, a club he believes could sign him. Messi submitted a transfer request in August at Barcelona – who he joined as a 13-year-old – but backed down after they refused …

Read More »