BUSINESS

Ronaldinho says he was “totally surprised” to have been arrested and charged with using a fake passport in his first interview after being released from prison. The former Barcelona footballer and his brother Roberto Assis were arrested in Paraguay in early March for allegedly using fake documents to enter the country. After spending 32 days …

The International Monetary Fund (IMF) is projecting an inflation rate below the upper band of the Bank of Ghana’s target, for this year. This means the prices of goods and services will remain largely the same, while interest rates stay low. The Central Bank is forecasting an average inflation rate …

Chelsea legend Didier Drogba’s quest to lead Ivory Coast football received a major blow after former players unanimously voted for his rival. Of the 14 members in the Association, 11 voted for his rival, league president Sory Diabate, while three persons abstained. The third candidate, the current Vice President, Idriss …

Serie A sides will be allowed to return to individual training on 4 May and team training on 18 May after the Italian prime minister announced the first steps in lifting the country’s coronavirus lockdown. There are hopes Serie A fixtures could resume between 27 May and 2 June – …

The Ghana Union of Traders’ Association (GUTA) is making fresh appeals to government to give its members a three-week grace period to mobilize funds to clear their goods from the country’s various ports amidst the novel Coronavirus pandemic. GUTA’s concerns come barely a week after the Ghana Shippers’ Authority officially informed the …

The Electricity Company of Ghana (ECG) says the recent power outages within its distribution network that hit some parts of the Greater Accra today, April 26, 2020 was a result of heavy rainstorms. According to a communique by the power distribution company, its engineers are working assiduously to rectify the …

Fall armyworms have started destroying farms in Ghana again, a statement from the Ministry of Agriculture has said, urging farmers to up their game in the fight against the crop-eating worms. The ministry said farmers should report signs of armyworm presence early for action against them. “Surveillance reports indicate pockets …

Oil producers in Ghana may be compelled to halt their production if the global price of Brent Crude continues to fall, Institute of Energy Security, IES has said. Speaking to Citi Business News on implications for Ghana, the Executive Director of IES, Paa Kwesi Anamuah Sakyi said the falling price …

The Ghana Revenue Authority has encouraged taxpayers to continue to file their tax returns online and make payments through the banks. The Authority appealed to all taxpayers to fulfill their tax obligations to meet government’s needs in the wake of the coronavirus pandemic. Reverend Ammishaddai Owusu-Amoah, GRA Commissioner-General told the …

On Monday, the B&FT published a story that showed that the second-largest sea port in the country, Takoradi Port, since April 1 has been struggling to electronically clear goods coming through due to technical challenges facing the UNIPASS/Integrated Customs Management Systems (ICUMS). Sources at the port say that valuation is …