BUSINESS

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 …

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 …

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 …

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 …

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 …

President Nana Addo Dankwa Akufo-Addo has sworn into office the Board of the Ghana Integrated Aluminium Corporation (GIADC) with a call on the body to ensure Ghana harnesses the gains of the aluminium industry timeously. The eleven-member board, chaired by Dr. Tony Oteng Gyasi, and industrialist, includes Mr. Addae Antwi-Bosiako, …

President Nana Akufo-Addo has charged the Board of Directors of the newly-instituted Ghana Integrated Aluminium Development Corporation (GIADEC), to ensure that a vibrant aluminium industry is established in the country. Addressing the Board of Directors of the Ghana Integrated Aluminum Development Corporation at the Jubilee House after administering the Official …

Ghana is expected to become the fourth fastest growing-economy in Africa, according to the International Monetary Fund (IMF). Ghana is projected to achieve 7.6 per cent gross domestic product (GDP) growth rate in 2019. The projected growth rate is up from the rate of 6.3 per cent GDP in 2018, …

The new owners of the Electricity Company of Ghana, ECG, Power Distribution Services, PDS, has officially begun operations today, Friday, March 1, 2019. Government has on Wednesday handed over the operations of the state-owned facility to PDS. The Minister of Energy, Peter Amewu at the handing over ceremony said goverment …

Menzgold Ghana Limited has finally filed a defence in a case in which 53 soldiers sued it for failing to pay back their investment totaling GH¢2.5 million. The soldiers had filed for default judgement due to Menzgold’s failure to file a defence within the stipulated time. The Accra High Court …