BUSINESS

Chief Executive Officer of embattled gold dealership firm, Nana Appiah Mensah has announced that the first batch of customers who recently went through a verification process have received payments of their investment. Nam 1 who is currently battling charges of fraud amongst others made the announcement on his Instagram page …

Ghana, without a state airline since the failure of Ghana International Airways in 2010, is planning a new national carrier. In November, Ghana and Boeing signed a memorandum of understanding for three Boeing 787-9s with a list price of $877.5m. The real price paid will be lower, but the relaunched …

Member of Parliament for Assin Central Constituency, Kennedy Ohene Agyapong, has said the World Bank, IMF and western nations have ganged up to make President Akufo-Addo unpopular, following the latter’s resolve to make Ghana self-sufficient to wean the country off from foreign aid. “This is what Akufo-Addo wants to do …

The International Monetary Fund (IMF) says Ghana’s current inflation target range of 8±2% is relatively high compared to its peers in sub-Saharan Africa (SSA). This is clearly attributed to its high-interest rates on the continent. Ghana’s yield of about 14 and 15% on Treasury Bills and 24% average lending rate …

The Bank of Ghana has encouraged the general public particularly retail outlets, to accept the new GHC100 and GHC200 currency notes as they remain legal tender. The advice follows a viral video where a customer was allegedly turned away at a Game shop when he issued a 200 cedi note …

The Driver and Vehicle Licensing Authority (DVLA) has launched a digitized smart DP Sticker as part of cost savings new measures at the various ports of entry to replace the existing DP plates in use. The new sticker is environmentally friendly, has high security features, can be validated easily by …

Former President John Dramani Mahama has vowed to reverse the government’s recently announced 50% increment in the Communication Services Tax if elected to power in 2020. He said his government will do that to restore people’s confidence in the economy. John Mahama made this known in an interactive Facebook live …

The Chief of Staff, Mrs Akosua Frema Osei Opare, has cut the sod for the construction of a market at Dome in Accra. The project will be financed by the government and undertaken by Prolux Investment Limited at an estimated cost of GH¢9.4 million. It is expected to be completed …

Information available and analysed indicates that the government through the wrongful exercise of its discretion has caused about US$720million financial loss to the state for delaying the relocation of the Karpowership from Tema to Sekondi, where it is currently situated for past few weeks. The relocation of the power ship …