BUSINESS

Traders at the Kumasi Central Market want city authorities to reduce the amount to be charged before they are relocated to the newly constructed Kejetia terminal to allow for construction works to begin for the phase two of the Kejetia Central Market redevelopment project. They are also calling for a …

Leadership of the Ghana Union Traders Association (GUTA) is to blame for the influx of foreigners in Ghana’s retail sector, a situation that contravenes the Ghana Investment Promotion Centre (GIPC) Act, Mr Murtala Mohammed, a former Deputy Minister of Trade and Industry, has said. Mr Murtala explained that when he …

Nigeria will soon begin the implementation of a guideline to have all states registered for the basic healthcare provision fund, according to the minister of health Isaac Adewole. Adewole told the Nigerian Senate on Tuesday that the implementation would be sooner than expected when he appeared to speak on the …

Some players in the energy sector say the withdrawal of ExxonMobil and British Petroleum from the bidding process for oil blocks is disappointing. The two international oil companies had earlier submitted applications for direct negotiations for block 5 and 6 in the ongoing licensing bid round but pulled out at …

The International Monetary Fund has said that Ghana had the equivalent of $400m in it reserves at the time it requested for the Fund’s support back in 2014. That meant the country had around seven days’ worth of imports in net foreign exchange reserves, according to Resident Representative to Ghana, …

Customers of Gold Coast Fund Management in the Ashanti Region have called on President Nana Addo Dankwa Akufo-Addo and the government to intervene and help them retrieve their locked-up investment from the owner of the company, Dr Papa Kwesi Nduom.The aggrieved customers say all attempts to get their locked-up investments …

The Africa Center for Energy Policy (ACEP) has urged government to, as a matter of urgency, review all existing Petroleum Contracts and their deliverables to ensure that companies who are not complying with their contracts are sanctioned appropriately. According to ACEP, out of the 15 active Petroleum Agreements, beyond the …

The Minority Leader Haruna Iddrisu has described the Trade and Industry Ministry’s planned sale of the Komenda Sugar Factory as a rip-off. The Tamale South legislator said the decision to sell the Indian government-financed entity defies logic and has the potential to damage the existing relationship between the two governments. …

Despite the daunting challenges in the financial sector in 2018, Bonzali Rural Bank Limited (BRB) managed to carry out its strategies extremely well to uphold its financial performance and stay afloat. As at 31st December 2018, the bank recorded a total deposit of GH26,138,762.00 as against a figure of GH26,001,724.00 …

Parliament has approved a loan of €127million to overhaul NVTI programmes, Deputy Minister of Education in-charge of Technical & Vocational Education & Training, Gifty Twum-Ampofo, has disclosed. Speaking to DAILY GUIDE after touring some technical and vocational institutions in Koforidua, she said part of the loan would be used to …