BUSINESS

The Chief Executive Officer of the National Petroleum Authority, Hassan Tampuli says discussions about taxes on petroleum products should be situated in a certain context, since there has been an overall reduction in taxes on petroleum products since the current Akufo-Addo government assumed office in 2017. “The discussion regarding the …

The Communications Manager of the Ghana Water Company Limited (GWCL), Stanley Martey has revealed that about 42% of water produced by the company is unaccounted for. This, he said, is birthed by consumers’ refusal to pay bills, unscrupulous persons connecting to the grid illegally and high cost of production; juxtaposed …

Indigenous car maker Kantanka says it is poised to manufacture electric cars before the end of this year. Chief Executive Officer Kwadwo Safo Kantanka Junior says the move is to further prove to Ghanaians and the world that they are capable to stand the innovation competition on the global stage. …

The price of Fanyogo and FanIce have been increased effective 1 October 2019. The price for Fanyogo and Fanchoco which was formerly sold at GHS1.00 will now sell at GHS1.20p while the price of FanIce 250ML goes for GHS5.00. The increase comes at a time the Public Utilities and Regulatory …

Despite complains of high unemployment rate in the country, Vice-President Dr Mahamudu Bawumia has said the New Patriotic Party (NPP) government has employed 350,000 Ghanaians in the public sector in two years. According to Dr Bawumia the government has given clearance for people to be recruited as nurses, teachers, at …

Some cocoa farmers in the country have expressed disappointment in the government following increment of the price of cocoa from GH¢7,600.00 to GH¢8,240.00 a tonne and GH¢475.00 to GH¢515.00. According to them, the producer price of cocoa was not enough and would still worsen their economic welfare. The increment in …

Ghana’s offer to encourage its exports in cassava, fruits as well as cosmetics, a project named “the West Africa Competitiveness Programme (WACOMP) has been introduced by the European Union, the funding agency and implemented by UNIDO in cooperation with the Ministry of Trade and Industry. The technical advice for the …

The government has announced an increase in cocoa producer price by more than 8 per cent for the next crop season. This means that a 64-kilo bag would now be sold at GH¢515, while a tone would go for GH¢8,249. The Minister of State in-charge of Food and Agriculture, Dr …

The Public Utilities Regulatory Commission (PURC) has announced an upward adjustment of electricity and water tariffs. Electricity is up by 5.94%, while water is up by 2.22%. The increases take effect from October 1, 2019. A statement issued by the PURC, Monday explained that the increases were determined by the …

A new research from Standard Chartered has been ranked Ghana among the top 20 rising stars of global trade. The Trade20 index, which identifies the 20 rising stars of trade, places African markets Côte d’Ivoire in the top spot, Kenya at number three and Ghana in 13 th place. The …