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BUSINESS

BREAKING NEWS: GRA boss Kofi Nti fired

The Commissioner-General of the Ghana Revenue Authority (GRA), Mr Emmanuel Kofi Nti and two other commissioners have been fired, Daily Mail GH can confirm. The other affected commissioners are Isaac Crentsil, commissioner for customs, and Kwasi Asante Gyimah, in charge of domestic tax. Top government officials say Nti has been …

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Price of bread to go up by GH1.00

Price of locally manufactured bread will from next week Monday shoot up by one Ghana cedis (GH 1.00), executives of Ashanti Regional Flour Users Association have announced. The soon to be effected increment in prices was sparked by the recent hikes in the market prices of flour and other products …

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Tema Port security interrupts stowaway

The Tema Port Security has in its custody a 21year old Moroccan stowaway, Abdul Hadi, who was hiding on board the vessel MV Lanidie in search of free passage to Europe. According to the Tema Port Security Manager, Joseph Punamane, the Port Security was contacted by the ship’s crew, to …

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Ex-UT, Capital bank staff to meet GCB management over contract termination

Ex-workers of defunct UT and Capital Banks are scheduled to have a meeting with the management of GCB Bank over the termination of their contracts. Overall, 56 ex-staff of the banks were affected after the GCB Bank said they did not possess the minimum qualification required to work with the …

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BREAKING: Planned Demostration Against Gold Fields Ghana Ltd Halted

The residence of Brahabebome and it’s surrounding communities in the Tarkwa-Nsuaem Municipality have put on hold a planned massive Demostration against Gold Fields Ghana Ltd(GFGL), Tarkwa scheduled for Monday March 11 as a result of a successful meeting between the leadership of the residents of Brahabobome and the Tarkwa-Nsuaem Municipal …

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Menzgold’s Dzorwulu HQ burgled; TV sets, ACs, computers stolen

The Head Office of Menzgold Ghana Limited in Dzorwulu, Accra, has been burgled. Sources close to ClassFMonline.com said the thieves entered the office through the back wall and broke the window of the gold-trading firm.The burglars made away with all computers in the trading hall, TV sets, photocopy machines, air …

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Government can do little about ‘Ponzi Scheme’ locked up investments – Ken Ofori Atta

Finance Minister Ken Ofori Atta says government can only do little about investments locked up in financial institutions that promise unrealistic returns over a short period of time. According to him, any organisation that promise a fixed return at the end of the month should be taken a second look …

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Committee calls for port concession agreement review

The Ministerial Committee set up by the Economic Management Team to review the concession agreement between the government of Ghana (GoG) and the Meridian Port Services (MPS) has made a compelling case to the government not to implement the agreement in its current form. The committee in its report, a …

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Akufo-Addo appoints Michael Ansah as CEO of GIADEC

The President, His Excellency Nana Addo Dankwa Akufo Addo, has appointed Mr Michael Ansah, as Chief Executive Officer of the newly established Ghana Integrated Aluminium Development Corporation. The Government has outlined its intent to develop an Integrated Aluminium Industry which will be one of the major pillars to drive the …

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Ghana Commodities Exchange: marketing opportunities to farmers

Ghana’s economy has been predominantly agrarian. Various cash crops have a place in Ghana’s economic history. Tetteh Quarshie, for example, brought cocoa from Fernando Po, having experienced the viability of the beans. Other food crops such as rice, maize, soybeans etc. have been on our production radar. Farming is mostly …

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