BUSINESS

It appears a taxi driver has been caught on the wrong side of the law after failing to observe the Coronavirus health protocols. A viral video sighted by GhanaWeb shows a military man lashing the taxi driver while his colleague, standing just at arm’s length looked on. The taxi driver had tied …

There are now 452 529 confirmed COVID-19 cases in South Africa after 7 120 new infections were recorded on Monday. Unfortunately, 298 people succumbed to the deadly virus, which brings the death toll to 7 067. Of the additional fatalities, 91 are from the Free State, 77 from the Eastern Cape, 61 …

Import revenue realized at the Tema Port fell by 45.02 percent for June 2020, Ghana Revenue Authority (GRA) data has shown. The monthly report released on July 1, 2020, indicated that for June 2020, the revenue target at the Tema Port was GH¢1 billion but the total revenue raised was …

The Chamber of Petroleum Consumers Ghana (COPEC) has called on commercial drivers to immediately reduce transport fares due to the President’s decision to lift the restriction placed on commercial vehicles in the wake of the COVID-19 pandemic. President Akufo-Addo announced on Sunday that commercial buses and taxis are to load …

Commercial vehicles can resume operations at full capacity, as President Nana Akufo-Addo lifts restrictions on transport activities. The decision, according to Akufo-Addo, was taken after consultations with the Ministers for Transport and Aviation and the leadership of transport unions. Airplanes, taxis, trotros and buses can resume regular operations, Akufo-Addo said in his …

Finance Minister, Ken Ofori Atta has waded into Attorney General’s fight with Senior Minister, Osafo-Maafo over the Kroll contract. Senior Minister Yaw Osafo-Maafo is in a court battle with the office of the Attorney General over a $1million Kroll contract. Mr Yaw Osafo-Marfo and four other officials from the Ministry of Finance …

On March 2, 2017, Finance Minister Ken Ofori-Atta presented the Budget Statement and Economic Policy of the government to Parliament and secured approval. Page 102, paragraph 468 of the document highlighted the need to shift Ghana’s energy sources to renewables. Captured in the document, Mr Ofori-Atta stated: “In 2017, the Ministry will assist Bui …

Finance Minister, Ken Ofori-Atta, has revealed that the government has “formally granted the Kantanka Group a licence to continue its auto assembly operations in Ghana.” The Kantanka Group, an indigenous automobile assembling company in Ghana, Mr Ofori-Atta intimated, will also be a beneficiary of the Ghana Automotive Manufacturing Development Policy, which, …

The Ghana Union of Traders Associations (GUTA) has called off their nationwide strike which was supposed to take effect Wednesday, July 29, 2020. President of the Association, Dr Obeng, explained that the cancellation of the exercise comes after the Trade Ministry met with the national executives to find a lasting …

Independent Power Producers in Ghana have said if the government fails to pay some GH¢ 1.4bn owed them “as soon as possible”, they cannot promise uninterrupted power supply. The Chief Executive Officer of the Chamber of Independent Power Producers, Power Distribution Companies and Bulk Consumers, Ghana (CIPBiD), Mr Elikplim K. …