BUSINESS

Fall in petrol prices likely soon as price build up turns negative

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 …

Read More »

COCOBOD bought untested omnifert fertilizer in 2018 – Report

It has emerged that, the Ghana Cocoa Board (COCOBOD) in 2018, bought fertilizer from Omnifert Limited, even though there was no evidence at COCOBOD or CRIG that the product had ever been tested on matured cocoa farms or on seedlings, the Accra High Court, has been told. When the transaction …

Read More »

Tarkwa: Mining company fined GHc1.5m for power theft

A Tarkwa based mining firm called Mohammed Mining Company has been busted by the Electricity Company of Ghana for illegal connection. The task force who acted on a tip-off upon the arrival at the company’s site observed that power had been tapped from the main source without the consent of …

Read More »

Non-payment of electricity bills to be criminalized – ECG

The Electricity Company of Ghana, ECG, has hinted that it is lobbying Parliament to pass a law that will criminalize nonpayment of electricity bills. Ghana has about 85% electricity penetration rate but the nonpayment of Electricity bills by consumers continue to suffocate the power distributor hence the move to pass …

Read More »

Mobile data penetration crosses 100% mark

At the end of December 2019, total mobile data subscriptions stood at about 30.4 million, which is 101 per cent penetration compared to the country’s population. Mobile cellular voice subscriptions have for many years been more than the country’s population, but mobile data subscription had not topped the population until …

Read More »

‘Arrogant’ police officers harass GhanaWeb journalists

The popular saying “the Police is your friend” is often negated by the conduct of the Ghana Police Service, and only of decreasing minority have a good word to say about these men in uniform in terms of upholding professional conduct with the general public. One major characteristic of a …

Read More »

Goldfields won’t exit S.A. – CEO

Mining giant Gold Fields will not be rushing to join AngloGold Ashanti in exiting South Africa after its last mine in the country returned to profit last year. The South Deep operation generated US$15 million of net cash in 2019 after a decade of losses. Profitability will improve this year …

Read More »

5 sexual things your woman likes but may be too shy to ask

Communication is great. As much as many people know this, however, opening up about certain things remain a little difficult. Ask women for instance, especially those who were born and bred in a sexual-instinct-stifling society like ours; where women are subtly and even expressly asked to not rein in their …

Read More »

Minister meets UN officials on investment opportunities in Agric Sector

The Minister of Food and Agriculture, Dr Owusu Afriyie Akoto, has held high level meetings with the Heads of all the UN Agencies to discuss investment opportunities in Ghana’s agricultural sector. He has also held a separate meeting with the Director-General of FAO, Dr. Qu Dongyu. Discussions during the meetings …

Read More »

FDA closes down a warehouse for supplying expired Coca-Cola products

The Food and Drugs Authority (FDA) has closed down Aflab Warehouse, a Coca-Cola products distributor, for supplying expired coca-cola drinks to a basic school canteen in Koforidua. The FDA has also asked Aflab warehouse to pay an administrative fine of GHC25,000.00 in addition to GHC1,200.00 for the safe disposal of …

Read More »