BUSINESS

The Ghana Police Service has arrested four persons suspected to be part of a gang that robbed the private residence of the Vice President, Dr Bawumia in Walewale in the North East region of Ghana. The burglars in an incident which took place over the weekend attacked five other houses …

Deputy Attorney General, Joseph Kpemka has said that the office of the Attorney General will not rush in prosecuting the case involving the former president of the Ghana Football Association (GFA), Kwesi Nyantakyi. He said the office will diligently gather its facts and evidence in the case before proceeding to …

President Nana Akufo-Addo has tasked the Governor of the Bank of Ghana, Dr Ernest Addison, to deal with the issue of high interest rates in the country. Addressing the CEOs Executive Forum in Accra on Wednesday, 6 November 2019, the President said: “I have requested the Governor of the Bank …

The Head of Local Government Service, Nana Ato Arthur has debunked claims that electing Metropolitan Municipal and District Chief Executives (MMDCEs) will divide the country. He said such a move will rather strengthen local governance and hasten development in the country. Nana Ato Arthur who was speaking in a Citi …

The Board of Directors of CalBank have nominated Mr. Philip Owiredu as the new Chief Executive Officer of the Bank, subject to Bank of Ghana’s approval. Mr. Owiredu has been the Bank’s Executive Director/Chief Financial Officer (CFO) since 2011. Upon approval, Mr. Owiredu will assume the Chief Executive Officer position …

Ghana’s parliament on Wednesday, 6 November 2019 approved the $600-million loan agreement for the Cocoa Productivity Enhancement Project. Several initiatives such as mass cocoa-spraying exercises, agronomic support and input subsidies are expected to be undertaken under the project. The loan is sourced from AfDB. The House approved the loan through …

The Ghana National Petroleum Commission (GNPC) will continue to be afflicted with political interests and interference until non-partisan managers are appointed to lead it, the Chief Executive Officer of GASSOP Oil Kojo Poku has observed. According to him, GNPC will not be able to operate and function like other global …

Parliament is today expected to approve the US$600 million credit facility meant for the Cocobod cocoa sector stimulus programme despite concerns raised by the minority over certain aspects of the facility. The stimulus package which is being financed with a loan facility from the African Development Bank will, among other …

Parliament has deferred the approval of a 600 million dollar loan facility for the Ghana Cocoa Board’s (COCOBOD) cocoa productivity enhancement programme. This was after the Minority Leader, Haruna Iddrisu questioned the utilization of 68 million dollars for hand pollination, 5 million dollars as part of the school feeding programme …

Wife of the senior police officer who has been picked up over his alleged involvement in a coup plot has criticised her husband’s arrest and detention, calling it an act of intimidation. Patience Agordzor said it does not make sense that Dr Benjamin Agordzor is being held for over 24 hours …