BUSINESS

Oil prices sink on larger than expected crude build

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 951,000 barrels for the week ending October 2. Analysts had predicted an inventory build of 400,000 barrels. In the previous week, the API reported a draw in crude oil inventories of 831,000 barrels, after analysts …

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Aviation sector faces shutdown as staff protest encroachment of airport lands

Days after staff and union leaders of the Ghana Airport Company Limited hoisted red flags and banners at the company in demand for removal of their Managing Director for the company Yaw Kwakwa, their colleagues from the Ghana Civil Aviation Authority are also embarking on a protest over encroachment of …

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Tricycle operators kick against NDC’s plans to legalise okada

A group calling itself the Tricycle Operators Association in the North East Region has described former President John Mahama’s promise to legalise okadas as an attempt to put them out of business. Addressing a press conference at Nalerigu on Monday, Makom Binjensheim Abu, the interim president of the association, said …

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Kantanka automobile building fingerprint car ignition

The world is advancing in terms of car technology. In the same fashion, Ghana’s own car making company, Kantanka Automobile Limited is also bringing in the latest technological advancement in the vehicles they produce. Recently, Kantanka Automobile produced its own electronic vehicle which is yet to hit the market. Now, …

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Transfer news: Winners and losers after deadline day

Premier League clubs have spent £1.218bn on signings during the transfer window. But who will be the happiest with their business? You can also have your say at the bottom of this page. Big winners Ollie Watkins started to repay his £28m transfer with a hat-trick in the 7-2 thrashing …

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Sale Of Wildlife Booms As Residents Defy Ban

Bushmeat lovers are still enjoying the delicacy in spite of a ban on the hunting and capturing of wildlife in the country until December 1. The practice continues unabated and traders in the Eastern Region continue to line up on the Suhum-Kumasi road to sell their kill. The Wildlife Division …

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Conspiracy To Douche Ndc’s Chances In The 2020 Elections By Baba Gariba

Baba Gariba Adams, the Assin Central NDC Constituency Chairman of the NDC is a threat to the party’s chances in the 2020 Presidential and parliamentary elections.   Much has been made about the new lease of energy that has visited the National Democratic Congress since the dynamic Nurein Shaibu Migyimah …

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Cocoa farmers excited about 28.2% price increase

The Ghana Cocoa Coffee and Sheanut Farmer Association (COCOSHE) has praised the Akufo-Addo administration for the 28.2% increase in cocoa prices for the 2020-21 crop season. According to the farmer-based organization, the producer price of a bag of 64kg of cocoa beans has been increased from GH¢ 515 to GH¢660 …

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Edinson Cavani: Man Utd sign ex-PSG striker on free transfer

Manchester United have signed former Paris St-Germain striker Edinson Cavani on a free transfer. The 33-year-old Uruguay international, who left PSG at the end of June, has signed a one-year contract. Cavani has scored 341 goals in 556 club matches, including a record 200 in 301 appearances for the French …

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Gold, Cocoa push Ghana’s exports to US$15.6 billion in 2019 – BoG

The 2019 Financial Stability Review report released by the Bank of Ghana (BoG) has revealed that Ghana’s exports increased by 4.6 percent to $15.6 billion in 2019. This improvement in exports, according to the report, was driven largely by a 14.6 percent and 8.6 percent growth in gold and cocoa exports respectively. …

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