BUSINESS

Many people think that the US dollar is the strongest currency in the world. The US dollar is the most traded in terms of margin, but not the strongest currency, according to a recent report by Legit.ng. The Kuwaiti Dinar emerged as the strongest currency in a survey conducted by …

The Governor of the Bank of Ghana, Ernest Addison, has explained the issues surrounding the building of a new head office. According to him, after various stages of evaluation and submission of the contract details the value of the contract approved by the Public Procurement Authority is $121,078,517.94. At a press briefing …

    The Chartered Institute of Realtors (CIR) is set to be launched in Ghana on the 30th of August 2023 at 10am. Africa Trade House, headquarters of the secretariat of the Continental African Free Trade Area, located in Accra, the Ambassador’s enclave, will be the venue of the launch. …

Henry Nii Dottey   UBA Ghana has made remarkable achievements and recognition in the Brands and Business Magazine Awards 2023 publication. The bank has been acknowledged as the “Best Social Media and Trade Finance Bank 2023.”     The Best Social Media Award highlights UBA Ghana’s creativity and effectiveness in …

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has published new documents relating to the now controversial new head office of the Bank of Ghana (BoG). The documents relate to correspondence between the Ministry of Finance and the central bank on among others, the issue of variation of project cost. The most recent …

Menzgold Ghana has announced the cancellation of a paid customer validation process in its efforts to facilitate the processing of payments for its aggrieved customers. In a letter dated August 18, 2023, the company informed its clients that this validation is necessary following the initial assessments, which according to them …

Mohammed-Muntaka Mubarak, the Member of Parliament of Asawase appears to have broken ranks with the National Democratic Congress over the 10% withholding tax on sports betting. Whiles the party through its young wing has declared their official stance which is a complete rejection of the controversial tax policy, Muntaka Mubarak has welcomed it. According …

New Patriotic Party flagbearer hopeful, Kennedy Agyapong, has asserted that some financial institutions disclose the monies in their customers account(s). He stated that some banks leak information on the amount of money ministers and other public officials have. In a 3news report sighted by GhanaWeb Business, Kennedy Agyapong is reported to have said in an …

The cars which were used in the Accra to London adventure are being shipped back to Ghana after the participants had completed their trip. The cars the travelers used for the expedition included two land cruisers, a Raptor, a Defender, a G63, and an RX350. A few days ago, news …

Minister of Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey, has gone berserk over the demand of GH¢2,000, GH¢3,000 by middlemen who connive with some staff for the acquisition of passport. Describing it as wrong, the minister wondered how a GH¢100 standard service and a GH¢150 for expedited service be …