BUSINESS

A concerned mother has to beseech President Nana Addo to reopen schools because of the alarming hike in sexual escapades in Kasoa as school girls are being ‘chopped’ by guys in their hood. To mothers, Kasoa school girls have become a common target for young guys who use them as …

The Ghana Audit Service has identified 366 suspected cases of personation by public sector employees. According to its Payroll Report, it has provided the details to the heads of Ministries, Departments and Agencies/Metropolitan, Municipal, District Assemblies to investigate and submit a report for further review within 3 months after the …

The Ghana National Gas Company has dismissed claims by the Chamber of Petroleum Consumer (COPEC) that the liquefied petroleum gas being supplied is of lower quality. Executive Secretary of COPEC, Duncan Amoah, had earlier made the claim. He had raised red flag over the quality of liquefied petroleum gas being …

Francis Kwarteng Arthur, a Ghanaian and private legal practitioner challenging the President’s Executive Instrument on the Electronic Communications law, has filed an application in court seeking to have the Chief Executive Officer of KelniGVG, Rouba Habboushi jailed for alleged perjury. In his application, Mr. Arthur explained that Roaba Habboushi in …

After three months’ victory over the wrestle with its major trading currency, the US dollar, the cedi finally lost its valour and entered into depreciating mode, as it has succumbed to the threat from the devastating impact of the coronavirus pandemic. The local currency was on top of its game …

The President of Ghana His Excellency Nana Addo Dankwa Akufo-Addo cut the sod in November 2019 for the construction of the multipurpose dam.   The dam seeks to benefit Ghanaians in many aspects such as electricity, fisheries, irrigation and control of flood.   Although this project fulfills Government’s policy of …

The management of the Bui Power Authority (BPA) has justified a recent demolition exercise undertaken its buffer zone. The Authority said the demolition was necessary because the settlers slowing down their work. A statement signed by Fred Oware, CEO of BPA said its attention was drawn to various media reports …

The Mining and Quarrying sub-sector recorded the highest year-on-year producer price inflation rate of 38.0 percent, the Ghana Statistical Service (GSS), has said. This, according to the GSS, is followed by the utility sub-sector with 12.1 percent. The Manufacturing sub-sector recorded the lowest year-on-year producer inflation rate of 0.5 percent. …

Lawyers of Willaim Ato Essien, the founder of the defunct Capital Bank, who is standing trial for allegedly collapsing the bank, has told the Accra High Court that their client is willing to refund GH¢27.5 million back to the state. The amount is what the state has accused Essien of …

After staying virtually flat for about a year and a half, the average lending rate of banks has started to show signs of decline in April after the Bank of Ghana reduced the monetary policy rate the month before. The Summary of Economic and Financial data (May 2020) published by the Bank of …