BUSINESS

Government says it is considering a compensation package for Ghanaian traders whose goods have been locked up at the Nigeria-Benin border following the closure by Nigerian land borders last year. The border shut down in September 2019 by Nigerian authorities to check the smuggling of cheap goods as well as …

It is a developing story that is sure to shock and anger Ghanaians at the same time. However, it is also a wakeup call for government, law enforcers and national security apparatus to delve deeper into the shocking developments that is threatening operations of DVLA which could cost the nation …

World soccer star, Cristiano Ronaldo has fully established an expensive lifestyle hotel in his country, Madrid. Even though the hotel still doesn’t work, everything on the building looks good and ready to be used. Pestana CR7, the name of the hotel, will also be located in the offices of Marrakech, …

Ghana’s growth rate for the year 2020 has been revised to 5.6% s as against earlier (October 2019) forecast of 6 %, the International Monetary Fund (IMF) January 2020 World Economic Outlook Report has revealed. This is against World Bank’s 6.8% which will make Ghana the 3rd fastest growing economy …

Ghana’s growth rate for the year 2020 has been revised to 5.6% s as against earlier (October 2019) forecast of 6 %, the International Monetary Fund (IMF) January 2020 World Economic Outlook Report has revealed. This is against World Bank’s 6.8% which will make Ghana the 3rd fastest growing economy …

Telecoms giant, MTN, says it is finalising modalities to compensate its subscribers for the major network disruption last week. Corporate Services Executive at the leading mobile network operator, Sam Koranteng, said discussions on the compensation package will soon be announced. “At MTN, when our subscribers have gone through some discomfort …

Africa’s richest man, Aliko Dangote has named Ghana as one of the countries on the continent where investments produce good results. In an interview with David Rubenstein on Bloomberg TV, the Dangote Group Founder said Ghana has a suitable investment environment. “There are terms involved in inviting foreign investors. But …

Finance and Economic Ministers and Central Bank Governors in West Africa have expressed reservations about the recent renaming of the common currency for member countries in the Francophone zone (CFA Franc) to ECO. They described the action as a “unilateral” decision that was not in line with the requirements for …

Prices of fuel in Ghana have this week gone up marginally, vindicating the prediction made by the Chamber of Petroleum Consumers (COPEC) on Tuesday, January 14, 2020. Petrol as of Friday, January 17 was selling at GH 5.50 per litre at various pumps, up GHC 9 pesewas from its previous …

After three years of intense war against illegal mining, popularly known as ‘Galamsey’, it appears the efforts are not paying off as illegal miners continue to pillage Forest Reserves and pollute water bodies for gold. In the Oda River Forest Reserve in the Amansie Central District of the Ashanti region, seven …