BUSINESS

Members of Parliament have backed mining lease agreements between the government and 14 mining entities under the Asaase Royalties Limited special purpose vehicle associated with the Royalty Monetization provision of the Minerals Income Fund Act of 2018 (Act 978). The leases are AGA Miradani granted to Ashanti Goldfields Company Limited, Lima South …

The Electricity Company of Ghana ECG) has asked the public to disregard reports suggesting that it has increased its bills by 17.5%. There were reports that suggested that the Electricity Company of Ghana had increased its bill by 17.5% as a form of payback for the intervention provided by the …

According to Afia Schwarzenegger, Ghanaian entrepreneur and CEO of the embattled gold firm – Menzgold, Nana Appiah Mensah aka NAM1 has rebranded from his old gold firm to a metallic refinery.   “From Gold to Metal. Eeeeeiiiii NAM1 when will you change. What kind of weed do you smoke because it’s too powerful and …

Ghana’s Consumer Price Index (CPI) for June this year has slightly dropped to 11. 2 per cent from 11.3 per cent recorded last month, the Ghana Statistical Service (GSS) has said. According to the GSS, the drop was 0.1 percentage points lower than that of May while the monthly inflation …

Lawyers of Dr Kwabena Duffour and six others who are being tried for the collapse of Unibank Ghana Limited on Thursday lamented over legibility of some documents served on them by the state. The lawyers, who took turns to address the High Court, contended that some of the pre-trial documents that the …

Ghana’s Finance Minister is expected to present the mid-year budget before parliament on Thursday, July 23, 2020, Citi Business New reports. In accordance with Section 28 of the Public Financial Management Act, 2016 (Act 92), the Finance Minister is mandated to provide Parliament on the strategies on and roadmaps as …

The national year-on-year inflation rate was 11.2% in June 2020, which is 0.1 percentage points lower than last month, the Ghana Statistical Service (GSS), has announced. Month-on-month inflation between May 2020 and June 2020 was 1%. This is lower than the 1.7% recorded between April and May and 3.2% between …

He has proven to be at the forefront of restoring confidence back to the workplace during this difficult COVID- 19 Pandemic era through the workplace wellness program.   Some companies in Ghana have hugely benefitted from this program with incredible remarks.   Mr. Yussif with his 20 years of experience …

Government will today start the process for the issuance of six-year treasury bonds with the opening of the book-build. This follows the release of initial pricing guidance for the bond issuance through the Ghana Stock Exchange. According to an announcement made by the Bank of Ghana on Tuesday, July 14, …

Per the terms and conditions in the proposed strategic partnership agreement between the Ghana Airport Company Limited (GACL) and TAM-SUMMA Consortium, a Turkish company, concerning the management of the Kotoka International Airport, it can be stated that the KIA is being sold, the Deputy General Secretary of the Public Services …