BUSINESS

Citizen Watch, one of the leading think tank groups in the country, has commended Nana Addo Dankwa Akufo-Addo’s government for reviewing the farmgate price for cocoa farmers. The government has agreed to pay $1,820 (GHC9,800) per tonne to Ghanaian cocoa farmers which represent 70% of the floor price of $2,600 …

I was to drown in the sea, but you saved me only to be killed by you Oh! The sea tossed me from one wave of misery to the other But I liked that torture than being in your arms For the first time ever I felt something that was …

The Securities and Exchange Commission (SEC) has assured the investing public that there is no need for “panic withdrawals” as it is committed to ensuring a sound, efficient and robust market where investors’ funds are protected.The SEC’s assurance follows the revocation of licences of 23 insolvent savings and loans companies …

The Ghana lotto operators Association, GLOA has appealed to government to launch an investigation into the conduct of  Kofi Osei Ameyaw, Director- General of the National Lotteries Authority, NLA and some top management members for their alleged plans to collapse private lotto operation in the country. The Association in a …

A journalist has been arrested in Tanzania accused of publishing fake news about alleged police abuse of suspects in custody. Joseph Gandye works for Watetezi TV, a station established last year by the Tanzania Human Rights Defenders Coalition (THRDC). THRDC issued a statement condemning Gandye’s arrest, saying he was being …

The management of uniCredit has sued the Bank of Ghana (BoG) for revoking the licence of the company.uniCredit is praying the Human Rights Division of the High Court to dismiss the action of the central bank.In a writ filed on Monday, 19 August 2019, Hoda Holdings Limited, the mother company …

The Attorney-General’s Office has advised the Chief Executive Officer (CEO) of Menzgold, Nana Appiah Mensah, to officially write to seek assistance to claim a $39 million judgment allegedly awarded his company in Dubai.Similarly, lawyer for some of the affected customers of Menzgold, Amanda Clinton, has also said the businessman would …

‘The Producer Price Inflation (PPI) in the petroleum subsector was 42.2 percent in July 2018. The rate decreased to 31.1 percent in September 2018, the Ghana Statistical Service (GSS), has said. However, the GSS said, the sector increased again to 36.1 percent in October 2018 but resumed a downward trend …

The Ghana National Association of Small Scale Miners (GNASSM) has welcomed the amended mining law, but with some reservations that it says must have been addressed before the president would assent to the bill. The amended Minerals and Mining Act, 2015 (Act 900) and the Minerals Commission Act, 1993 (Act …

A planned demonstration against government by Civil Service Organisations (CSO’s) over the botched Power Distribution Services (PDS) deal has been foiled by the police. The protest, dubbed: ‘Drop PDS Demonstration’ is to express their displeasure against government’s inaction leading to suspension of the deal. But, the Ghana Police Service has …