BUSINESS

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 …

First Sky Group of Companies will be partnering the Korle Bu Teaching Hospital in establishing Ghana’s first ever kidney transplant center. The move forms part of the company’s Corporate Social Responsibility (CSR) earmarked for its 17th-anniversary ceremony. The decision comes on the back of collaboration between the Korle Bu Teaching …

ZAVA which is owned by a Ghanaian features various beauty products and provides services across the country with delivery within Accra and beyond. Their user-friendly Apps are intended to bring varieties to customers to enable them choose favorite brands in the comfort of their homes on both Google Play Store …

The Jospong Group of Companies (JLC) owners of the Sewerage Systems Ghana Limited is generating about 500 kilowatts of power out of its liquid waste treatment plant in Accra.  This was disclosed by the Executive Chairman of JGC, Dr. Joseph Siaw Agyepong at this year’s Jospong Leadership Conference at the …