BUSINESS

Government has intervened to avoid the imminent collapse of Neoplan. According to Starr News sources within the management of the firm, state officials are working with authorities of the now struggling auto company to continue to stay in business. A top official of the company told Starr News they have …

The signals of recovery from the financial crisis that hit the economy in 2017 have begun to positively to impact on the performance of the Ghana Stock Exchange in the first month of this year. The market’s benchmark index, GSE Composite index (CI) at the end of trading session on …

The Ghana Union of Traders Association is advising members of the business community, particularly traders who intend or are preparing to China for business or any other thing to hold on. It rather encourages the possibility of transacting business and other communication via the internet until the coronavirus outbreak is …

Ghana placed 5th in Africa and number 67 in the world, according to the 2020 Best Countries Report put together by US News & World Report and supported by Wharton Business School of University of Pennsylvania and BAV Group. Egypt was 1st in Africa and number 36 in the world …

The Deputy Minister of Trade and Industry says the government is ready to intervene to avoid the collapse of Neoplan Ghana Limited. Carlos Ahenkorah said “Let me say on authority, it’s not government’s desire to see Neoplan collapse. It has been one of the flagship companies of Ghana.” Speaking to …

At the just-concluded ATM roadshow held in Accra with the theme ‘’Innovation with the NextGen ATMs’’, Inlaks introduced into the Ghanaian financial sector, new ultramodern and high-tech ATMs with enhanced features manufactured by the Korean-based Original Equipment Manufacturer, Hyosung Inc, to give customers and banks seamless experience, improved customer experience …

Workers of Coca-Cola bottling Company Ghana Limited continues to demonstrate on the premises of the company as they seek the reinstatement of the former MD, Seth Adu-Baah. Speaking to Citi FM, Assistant Secretary of the local chapter of the Industrial and Commercial Workers Union of Coco-Cola Company Goerge Sarpong said …

Neoplan Ghana Limited, one of the country’s surviving coach manufacturing businesses in the 1970s, has announced a total shutdown on Friday, January 31, 2020 because it is no longer viable. A memo to all staff of the company in Accra and Kumasi announcing the closure of the company, which was …

Dr Gideon Boako, spokesperson the Vice President, has said the government cannot ask the Bank of Ghana (BoG) print money to pay depositors of the collapsed financial institutions in the country. He said if that is done, it will amount to the central bank financing government expenditure, an action he …

Exploration for minerals in Ghana remains hampered by tax burdens, Sulemanu Koney, CEO of the Ghana Chamber of Mines, told The Africa Report. “We are not happy with the level of investment we see in exploration,” Koney said. Better incentives for exploration are “a major issue”, he said. “That is …