BUSINESS

Amidst assertions by some Ghanaians that the Chinese have taken over the country and are gradually destroying the natural reserves, the former Ghana Ambassador to China, Anani Okuminyi Demuyakor, has squashed those claims. According to him, Ghanaians need to erase the negative perceptions they have about the Chinese as “China …

The Senior Staff Union of Tema Oil Refinery (TOR) has stated that the lease of the refinery to a Group named Torentco Asset Management is the only viable option for the refinery at this point. According to them, successive governments have failed to put up measures to bring the refinery …

Minister also meets with former Global High Schools category winner and CEO of Mazi Mobility Supported by the UAE’s pioneering award, the Zayed Sustainability Prize, M-KOPA is on track to reach 4 million underbanked consumers in sub-Saharan Africa by this year Nairobi, Kenya, June 21, 2023: During a visit to …

    The ‘Summer Body Edition’ of UBA Ghana’s Jogging to Bond event was held on Saturday at the Laboma Beach in Accra.   Staff members began the day with a jog along the beach, enjoying the refreshing atmosphere and scenic views. Following the jogging session, there was an intensive …

President and Founder of IMANI Africa, Franklin Cudjoe, has taken a swipe at President Nana Addo Dankwa Akufo-Addo for his description of international credit ratings agencies as ‘reckless’. President Nana Addo Dankwa Akufo-Addo criticised the ratings agencies for their “reckless” downgrades of African economies during the COVID-19 pandemic and the Russia-Ukraine conflict. He noted that these downgrades …

The Tema Oil Refinery has been reported to be leased to a group called Torentco Asset Management (TAM) for 6 years at $22 million. The group is allowed to refine up to 8 million barrels of oil a year by paying $1 million every year as rent. However, social media users have …

For over a decade, Nigerian billionaire, Aliko Dangote, has maintained the top spot as Africa’s richest man. However, the Nigerian business mogul has lost the top spot to South Africa’s Johann Rupert, according to Forbes’ real-time estimates of their net worth. With a current real-time net worth of $10.8 billion, …

  Source: Guinness Ghana Guinness Ghana’s great-tasting, quality beer – Star Beer, has marked yet another remarkable milestone by securing the prestigious Gold Award at the renowned Monde Selection Quality Awards for the fifth time.   This is the first Ghanaian Beer to have ever achieved such a feat and …

    A leading private security firm, Edern Security Services Limited, has made history by becoming the first Ghanaian security firm to attain two of the International Organization for Standardization’s (ISO) Management System for Private Security Operations Certifications.   Edern Security Services Limited attained both the ISO 9001 and ISO …

The Minter of Finance, Ken Ofori-Atta, would be updating Ghanaians on the ongoing International Monetary Fund (IMF) bailout programme. The Executive Board of the IMF unanimously approved the $3 billion bailout for Ghana at a meeting on Wednesday [May 17, 2023] in Washington. $600 million out of the $3 billion loan was …