BUSINESS

A Swiss-Ghanaian company, KOA Impact Ghana Limited has commissioned Africa’s largest cocoa fruit factory at Akim Achiase, in the Eastern Region. Minister of Trade and Industry, Kobina Tahir Hammond, who commissioned the facility on behalf of President Akufo-Addo, said the $10 million state-of-the-art environmentally sustainable factory has been established to process …

Ghanaian entertainment and political pundit, Kwame A Plus has called for the arrest of former Menzgold CEO, Nana Appiah Mensah, popularly known as Nam1. NAM1 faced backlash from the general public when customers who had their monies locked up with the defunct gold investment scheme were asked to pay an amount of GH¢650 …

In 2017, President Nana Addo Dankwa Akufo-Addo promised that he would not allow the Ghanaian economy to collapse under his watch. Delivering his State of the Nation Address before parliament on February 21, 2017, President Akufo-Addo said his government will significantly reduce the fiscal deficit in that year. But fast forward to …

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates will officially become full members of emerging economies bloc BRICS, which stand for Brazil, Russia, India, China and South Africa. South Africa’s President Cyril Ramaphosa, who announced the consensus decision during a Heads of State press briefing on the …

Former Finance Minister, Dr. Kwabena Duffuor has stated that a National Democratic Congress (NDC) government in 2025 will not have issues managing the Ghanaian economy. According to him, Ghanaians hardly complain of jobs during the tenure of an NDC government. “You see, when you talk about growth, job creation is …

The Coalition of Transport Unions and Associations has called on the government to scrap what they consider to be nuisance taxes else they will increase fares by 20%. The Association gave the government a 13-day ultimatum to meet their demand, failure of which they will increase fares. The National Public …

The Ghana Railways Workers Union has demanded that their three-month salary arrears, as well as over a year’s worth of unpaid SSNIT and Tier-2 contributions, be paid. Godwill Ntarmah, General Secretary of the Railway Workers Union, stated at a press conference in Takoradi that life has become very difficult for …

In the 1990s, the Bank of Ghana began the search for adequate and secured land for a new Head Office, given that the Central Business District had caught up with the existing Head Office and the need to expand to meet its growing operations. i. In the year 2011, the …

  United Bank for Africa (UBA) Ghana Limited has made sterling performance for the 2023 half year results which ended in June, posting strong and impressive growth numbers.   UBA Ghana posted Profit Before Tax (PBT) of GH¢295.5million for half year of 2023 up from 91.2million within the same period …