BUSINESS

Ghana’s local currency is still been classified among African currencies with the ‘Worst Spot Returns’, according to a Bloomberg report. On the World Currency Ranker, the cedi’s performance placed 17th, depreciating by -11.21 percent while the Zambian Kwacha was ranked first among the ‘Best Spot Returns’ for African currencies. The …

THE 13-WEEK MISS AKWAABA 2023 LIVE TV REALITY SHOW STARTS TODAY @8:00 SHARP All our 20 delegates are set for the second edition of the Miss Akwaaba culture and tourism show To vote for your favorite delegate, dial *365*300# and enter the name of the delegate You can also log …

Amidst threats of power shutdown by the Independent Power Producers (IPPs), the Managing Director of the Electricity Company (ECG), Samuel Dubik Mahama, has said that monies owed IPPs have not yet been paid but there has been a significate progress in agreement. According to a report on myjoyonline.com, the MD …

Despite ongoing macroeconomic reforms, including the devaluation of the Nigerian naira, the country’s equity market and investment landscape continue to evolve, with a notable surge in strategic acquisitions and increased foreign investor participation. The impact of these developments has propelled the Nigerian Exchange to historic heights, with the NGX all-share …

The Chamber of Petroleum Consumers (COPEC) has predicted a marginal increment in fuel prices in this pricing window [July]. According to the Executive Secretary of COPEC, Duncan Amoah, petrol and diesel prices are expected to see an increment of 2.6% and 2.4% respectively at various pumps. He however noted that …

A recent list compiled by Billionaires.Africa has shaken up the rankings on the Nigerian Exchange, revealing that Abdul Samad Rabiu, the leading billionaire businessman and industrialist, has overtaken Aliko Dangote as the richest investor in the country. According to data tracked by Billionaires.Africa, Rabiu’s holdings in his publicly listed businesses …

The Drivers and Vehicle Licensing Authority (DVLA) has a introduced a mobile service – a door-to-door approach – as part of commitment to make it easier for Ghanaians to obtain relevant driving documents. The introduction of the mobile service in organisations and tertiary institutions is to curb the challenges students …

Telecommunication network giant, MTN, has withdrawn the planned review of the cash-out fee for mobile money. It had earlier announced that starting Saturday, July 1, 2023, customers will experience an adjustment in fees for cash-out transactions that exceed a specific threshold [GH¢2,000 and above]. The GH¢20 flat rate charge on …

  Brakwa Breman Rural Bank PLC after 37 years of consistent operations have introduced ‘Ghanapay’ application (APP) to enhance transactions. The application which will enable customers to easily send and receive money from their accounts is said to serve customers with no hindrance. The CEO of the bank Mr. Felix …

Communication Specialist at the Energy Ministry, Kofi Abrefa Afena has said the brouhaha surrounding discussions on the government finding a partner for the Tema Oil Refinery (TOR) is “unfortunate”. He was empathic on NEAT FM’s morning show, ‘Ghana Montie’ that there is “no contract with any company now” as widely …