BUSINESS

The Tema Oil Refinery has been reported to be leased to a group called Torentco Asset Management (TAM) for 6 years at $22 million. The group is allowed to refine up to 8 million barrels of oil a year by paying $1 million every year as rent. However, social media users have …

For over a decade, Nigerian billionaire, Aliko Dangote, has maintained the top spot as Africa’s richest man. However, the Nigerian business mogul has lost the top spot to South Africa’s Johann Rupert, according to Forbes’ real-time estimates of their net worth. With a current real-time net worth of $10.8 billion, …

  Source: Guinness Ghana Guinness Ghana’s great-tasting, quality beer – Star Beer, has marked yet another remarkable milestone by securing the prestigious Gold Award at the renowned Monde Selection Quality Awards for the fifth time.   This is the first Ghanaian Beer to have ever achieved such a feat and …

    A leading private security firm, Edern Security Services Limited, has made history by becoming the first Ghanaian security firm to attain two of the International Organization for Standardization’s (ISO) Management System for Private Security Operations Certifications.   Edern Security Services Limited attained both the ISO 9001 and ISO …

The Minter of Finance, Ken Ofori-Atta, would be updating Ghanaians on the ongoing International Monetary Fund (IMF) bailout programme. The Executive Board of the IMF unanimously approved the $3 billion bailout for Ghana at a meeting on Wednesday [May 17, 2023] in Washington. $600 million out of the $3 billion loan was …

Tenth from the left, Ing. Prof. Elsie Effah Kaufmann,Dean of the School of Engineering Sciences and Founding Head of the Department of Biomedical Engineering at the University of Ghana with members of the faculty of the School of Engineering Sciences and Seventh from the right, Mr Zwelithini Mlotshwa, General Manager, …

The Bank of Ghana (BoG) has released a list of 97 unlicensed financial entities offering loan services through mobile apps to Ghanaians. In a release sighted by GhanaWeb, the BoG warned Ghanaians not to engage in business with these entities because of the risk of their information being stolen and used for criminal …

Police in the Canadian city of Mississauga have recovered eight stolen vehicles intended to be shipped to Ghana. According to a report by Insauga.com, detectives from the Regional Municipality of Peel executed a search warrant on Friday, June 9, 2023, leading to the recovery of the eight vehicles at a …

Market women at the Anum community market in the Asuogyaman District of the Eastern region have appealed to authorities and indigenes of the Anum community to come on board and pool resources towards the redevelopment of the facility to befit a proper marketing facility. Some of the market women who …

The Ghana Union of Traders Association (GUTA) has accused the Customs Division of the Ghana Revenue Authority (GRA) of harassing its members in the Ashanti Region. At a stakeholder meeting organised by the Chamber of Automobile Dealership Ghana (CODEG) in collaboration with the Customs Division of the Ghana Revenue Authority …