BUSINESS

The Minister of Railway Development, Joe Ghartey has revealed that the Ministry will be ordering over 30 standard gauge trains in June this year. According to him, the Ministry has already gotten approval of about 130million dollars of trains which will be purchased from a company in China. Speaking live on Eye …

The Ghana Revenue Authority (GRA) on June 1, 2020 shut down the Ghana Community Network (GCNet) clearing system as the new Integrated Custom Management System (ICUM) popularly known as Unipass, took over. This came after piloting the system at some ports including the Takoradi and the Tema Ports and training …

The Ghana Cocoa Board (COCOBOD) through the Cocoa Health and Extension Division (CHED) has presented a total 99,468 bags of Cocoa fertilizers to be distributed to 126 farmer cooperative groups within Wiawso and Akontombra districts of the Western North Region. Mr John Ahi, Boako District Technical Officer, who confirmed the …

President Nana Akufo-Addo has appointed Ms Sandra Opoku as the Director of the Tema Port. According to the state-owned newspaper, Daily Graphic, a letter announcing her appointment dated May 4, 2020, and signed by the Secretary to the Public Services Commission, Mrs Mabel Amoako Atta, said the decision by the …

Officials of the firm called Payboy Company Limited, appointed recently by the defunct Menzgold Ghana Limited to negotiate debt settlements with its numerous clients, have been arrested by the Economic and Organised Crime Office (EOCO). EOCO confirmed the arrests in a statement signed by the Head of its Public Affairs, …

Popular boxer, Anthony Joshua (AJ), has cried out on his inability to find love. The world heavyweight boxing champion spoke to The Sun about life in lockdown with his family including becoming “super dad” to his four-year-old son, J.J, and how it has been hard for him to balance his …

Effective today, June 1, 2020, all transactions related to the import and export of goods at the various ports will be conducted through the one-stop service for all customs clearance procedures, dubbed Integrated Customs Management Systems (ICUMS). This follows successful simulation and piloting of ICUMS at Tema Port, the final …

A Competitor Analysis report released by Ghana Export Promotion Authority (GEPA) points to new potential markets for Ghana’s cassava starch industry. According to the report, such new markets including Nigeria and the European markets notably Poland, Portugal, Italy present strong potentials for market diversification and penetration for Ghanaian companies and …

Ghana’s is expected to lose about GH¢15.85 billion in revenue as a result of the coronavirus pandemic, a report from the Ministry of Finance states. The nation is targeting about GH¢67 billion in revenue (tax and non-tax) for this year. According to the Finance Ministry, Ghana’s fiscal gap as a …

Lionel Messi thinks football “like life, will never be the same again” as a result of the coronavirus pandemic, as the Barcelona superstar prepares to return to the field with La Liga poised to restart. Covid-19 has killed hundreds of thousands of people around the world and caused the banning of mass gatherings in most …