BUSINESS

After nearly three months of work on the Tamale Interchange project, residents within the metropolis say they are being adversely affected by the construction. From heavy vehicular traffic to low sales and patronage, the people of Tamale, the Northern Region capital, blame the lack of proper planning for the inconvenience …

Some workers of Unicredit, one of the financial institutions affected by government’s bank clean-up exercise are finding it difficult to make ends meet months after the revocation of the licence of the company. Unicredit’s licence was revoked and the company, handed over to the Pricewater House Coopers (PWC) as receiver …

A German investor is set to build a cocoa processing plant in Suhum in the Eastern region, according to the German Ambassador to Ghana, Christoph Retzlaff. He said under the Compact with Africa (CwA) there will be more German investments in ‘Do The Right Thing’ (DTRT) textile factory which is …

The President of the National Coconut Sellers Association (NCSA), Karene Beecham, has called on government to support efforts to regulate coconut business across the nation. Speaking in an interview with Lord Kweku Sekyi, Ms. Beecham appealed to investors to pay attention to the coconut industry, particularly its retail aspect, which …

The Bank of Ghana over the coming weeks will issue onto the forex market a total of US$ 25 million, following a successful FX forward auction held on November 12, 2019. A notice from the BoG indicates that bids amounting to US$ 71.5 million were received from businesses through their …

Government on Tuesday signed a deal with De Havilland Aircraft of Canada at the on-going Dubai Air Show to buy six Dash8-400 aircraft to start its national airline. The plan to reestablish a national flag carrier has been in the works for some time now. The newly signed by the …

“There is vision and wisdom in this $2bn Sinohydro deal”, Danquah Institute founder, Mr Gabby Asare Otchere-Darko has said. According to him, “The President came with a vision to add value to our economy”, saying: “We need roads” but “we are limited in how much we can borrow”. Mr Otchere-Darko …

The three automobile companies that have signed agreements with the government to establish vehicle assembly plants in the country say they are on track to put their first vehicles on Ghana’s roads by next year. While VW is expected to deliver the first car by the first quarter of next …

Some steel factory workers within the Free Zone enclave in Tema are asking the Environmental Protection Agency, EPA, to shut down two other steel companies, Rider Steel and United Steel, for polluting the environment. The workers, who embarked on a peaceful demonstration at the Free Zones enclave, allege that one …

The Coordinator of the One District, One Factory(1D1F) Secretariat, Gifty Ohene Konadu has assured that each district in the country would have at least, one functioning factory, with some chalking a whopping seven (7) before the 2020 elections, MyNewsGh.com reports. She says some districts may even have more than the …