BUSINESS

Ghana is ranked 117th out of 133 countries on the 2020 Financial Secrecy Index (FSI), garnering a score of 52 and accounting for 0.01 percent of global market in offshore financial services. The FSI ranks each country based on the intensity of its legal and financial systems with a secrecy …

Minister for Parliamentary Affairs and Majority leader, Hon. Osei Kyei Mensah Bonsu has disclosed they are reliably informed that the walk out of the minority in parliament prior to the President’s SoNA was instigated by the leadership of the NDC led by its Chairman, Mr. Samuel Ofosu-Ampofo. According to him, …

  Customers of investment companies owned by the founder of the Zoe Outreach Embassy Church have once again assaulted the pastor as he drove to court at Tarkwa on Thursday. Kelvin Elson Godson Kobiri was to appear before the Tarkwa District court to respond to a suit against him for …

Overly dry and hot winds in West Africa are damaging prospects for cocoa output for the second year in Ghana, the world’s second-largest producer, sources told Reuters News Agency. Cocoa futures on Intercontinental Exchange are near their highest in three years, driven in part by the adverse weather, which has …

The Economic and Organized Crime Organization (EOCO) has frozen assets of Mr. Nii Kotei Dzanie, a Member of the Council of State and Director of defunct Ideal Finance. Citi News gathers that among the reasons for the freeze of the assets is to find a way of retrieving funds from …

The incumbent Member of Parliament for the good people of Atiwa East Constituency and Deputy Minister for Finance Hon Abena Osei-Asare submitted her Nomination forms to the Chairman of the Constituency elections Committee at the party’s Office in Anyinam. According to the humble, accessible and development oriented legislator her tremendous …

The Automobile Dealers Union-Ghana (ADUG) has stated its intention to engage in an unprecedented demonstration if parliament goes ahead with its plan to ban the importation of second hand cars. The Majority Leader of Parliament, Osei Kyei-Mensah Bonsu, recently made known that Government was working towards a bill that will …

Automobile Dealers Union Ghana are demanding an immediate justification of a statement made by the Majority leader Osei Kyei Mensah Bonsu that government intends to ban the importation of overaged second hand vehicles. The group who say the statement may not be the official position of government want the legislator …

The Electricity Company of Ghana (ECG) is readying to rollout an Artificial Intelligence (AI) system to fight power theft in the country says the vice President, Dr Mahamudu Bawumia. Speaking at the launch the ECG Mobile Application (ECG POWER) in Accra, the vice President said revenue collection from supplied electricity …

Consumers of petroleum products in Ghana can now look forward hopefully towards a rare decrease in pump prices for both gasoline and diesel, as well as LPG. However the beginnings of possibly a sustained fall in global oil prices, which would drive a fall in pump prices for petroleum products …