BUSINESS

The Tourism Minister has countered a circular issued by the Ghana Tourism Authority (GTA) authorizing drinking bars to start operating alongside food chains and restaurants. The GTA on Monday, May 11, said hotels can operate sit-in as well as pick-up and delivery services while also observing the safety protocols. It …

Eight (8) persons have lost their lives in a fatal accident on Accra to Kumasi Highway. Three (3) persons who sustained life-threatening injuries are on admission. The fatal accident occurred Tuesday evening around 8:30 pm on Akyem Anyinasin stretch of the highway which is a few Kilometers away from Akyem …

South Africa’s government is facing a backlash over new lockdown regulations detailing what clothes can and cannot be sold in shops. The opposition has compared the rules to Soviet-style bureaucracy. The governing African National Congress (ANC) party is under mounting public pressure to ease lockdown rules despite warnings that infections …

Senior Research Fellow at the Institute for Fiscal Studies Dr. Said Boakye has charged the government to be more diligent in the consolidation of extra-budgetary expenditure for better representation of Ghana’s macroeconomic data. This comes on the back of the Finance Ministry’s insistence, that data shared with the IMF in …

The national year-on-year inflation rate for April 2020 hits 10.6%, which is 2.8 percentage points higher than last month, the Ghana Statistical Service has said. The year-on-year inflation for March 2020 was at 7.8 percent. The Month-on-month inflation between March 2020 and April 2020 was 3.2%. These are the highest …

The Kumasi Metropolitan Assembly (KMA) in collaboration with all the transport unions in the Ashanti Region have begun distribution of specialized vehicle stickers to various commercial vehicles to avert congestion in the Region. The move is to ensure that commercial vehicles operate within a confined jurisdiction in order to curb …

Vice President Dr. Mahamudu Bawumia on Tuesday launched the Microfinance and Small Loans Centre’s(MASLOC) Integrated ICT System to enhance transparency and accountability in the disbursement and recovery of loans. The ICT platform is an innovative solution to address payment and settlement challenges as well as reach out to the wider unbanked population …

Supreme Court judge nominee Yonny Kulendi has dismissed speculations that his nomination as a judge to the highest court of the land will positively impact his financial fortunes. Answering questions during his vetting Tuesday, the renowned lawyer who was nominated by President Akufo-Addo stated that he is about to commit …

An Accra Commercial High Court presided over by Justice Eric Kyei Baffour has convicted three (3) out of the five (5) accused persons who have been on trial in the case of “The Republic versus Eugene Baffoe-Bonnie and four others”. The trial of the five accused persons, Eugene Baffoe-Bonnie, the …

The Ghana Interbank Payments and Settlements Systems (GhIPPS) has directed financial institutions to end the fee waiver granted to customers who use the GhIPSS Instant Pay (GIP), Mobile Money Interoperability (MMI) and ACH Direct Credit to transact business. “Following a review of financial position, we have decided we are unable …