BUSINESS

Kotoka International Airport welcomes Air Senegal

The Kotoka International Airport on Monday witness the dramatic traditional water cannon salute to the return of Air Senegal to Ghana after years of withdrawal with the introduction of its maiden direct between Accra and Dakar. The Maiden flight A319 touched down on Monday, December 16, with 62 passengers. It …

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Menzgold to announce payment plan today

Menzgold will today announce a payment plan and schedule fo payment for its numerous customers whose investments are held up with the company. It comes after the company invited the customers to visit their respective outlets to validate their documents in November. The CEO of the company Nana Appiah Mensah, …

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Video: Man causes stir by using broomstick to remove swallowed ATM card

A funny video of a man attempting to remove his ATM card that has been withdrawn by an ATM machine has surfaced online. In the rib-cracking sighted on Instagram, the man was using a broomstick to try to remove the card. It appears that the man did not know the …

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Secret memo exposes Ken Ofori-Atta over GN Bank closure

Any thoughts that BoG has been acting independently should be finally out to rest based on new documents that have been obtained from confidential sources. As early as June 2018, six months before the deadline to raise an additional 280 Million in minimum capital, the Minister of Finance went to …

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IMF worried about Ghana’s debt position

The International Monetary Fund (IMF) has expressed concern about Ghana’s current status as a country at high risk of debt distress – a reference to countries where debt sustainability analyses (DSAs) show protracted breach of debt and debt service thresholds. The concern was contained in a statement issued on December …

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Selfishness and greed stalling Ghana’s dev’t – Rev Awotwi Pratt

Former Presiding Bishop of the Methodist Church of Ghana, Most Rev. Titus Kofi Awotwi Pratt, says deep-seated selfishness and greed among Ghanaians is hindering and curtailing the developmental efforts of the country. Exhorting attendees of a Ministry of Foreign Affairs and Regional Integration Festival of Nine Lessons and Carols, the …

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World Bank ‘pressures’ government over $5bn Eni gas

Sources at the Ministry of Energy have raised serious concerns regarding the World Bank’s ‘attempts’ to delay the approval of a $500 million loan in order to force the government of Ghana into buying $5 billion worth of expensive gas from the Sankofa gas field. That, according to DGN Online’s …

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Fuel prices to remain stable but cedi depreciation biting – IES

The Institute for Energy Security (IES) has predicted constant prices of fuel across the pumps in the second pricing window which begins December 16, 2019. Even though the depreciation of the cedi against other major international currencies especially the US dollar, has gone beyond 10 per cent since the beginning …

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Metro Mass Transit drivers embark on sit down strike

Metro Mass Transit Limited drivers in Cape Coast, Central Region have embarked on a sit-down strike effective Monday, December 16, 2019. They are striking over what they termed as “poor treatments by managements to drivers”. Passengers who trooped to the Cape Coast terminal Monday morning were stranded. The drivers say …

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Fuel prices to go up again

The Chamber of Petroleum Consumers has hinted of another upward adjustment in fuel prices at the pumps. According to the chamber, the National Petroleum Authority (NPA) has written to Petroleum Service Providers notifying them of an adjustment “some elements on the already high petroleum price build-up and fuel prices”. Fuel …

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