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BUSINESS

I had sleepless nights over exchange rate hikes – Dr Bawumia

Vice President Dr Mahamudu Bawumia has revealed that he suffered sleepless nights when Ghana went through a phase of persistent hikes in exchange rates leading to a rise in the pricing of fuel products. According to the vice president, the situation and the quest to find a workable solution around it left …

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ECG closes down offices nationwide for a month beginning March 20

The Electricity Company of Ghana (ECG) has announced that beginning Monday, March 20, 2023, it shall close down all of its offices across the country as it seeks to embark on a nationwide revenue mobilisation exercise. The power distribution company said the exercise which will last for one month period …

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Bleeding is allowed – Bawumia mocks Gold-for-oil critics

The Head of Ghana’s Economic Management Team, Vice President Dr Mahamudu Bawumia on Wednesday, March 15, 2023, took a swipe at critics of the government’s Gold-for-oil policy. Touting the success of the policy which is currently in its third month of implementation, the vice president said the country will witness more …

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You are practicing investigative terrorism, not journalism – Judge tells Anas Aremeyaw Anas

An Accra High Court has told undercover investigative journalist Anas Aremeyaw Anas that what he practices is not investigative journalism, but “investigative terrorism.’’ This was after the court dismissed a GHC25 million defamatory suit the journalist brought against the Member of Parliament for Assin Central, Kennedy Agyapong. According to a report by …

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VIDEO: Kejetia market on fire

News coming in from Kumasi, the capital city of Ashanti Region, is that fire has gutted the central market, Kejetia. The cause of the fire according to GhanaWeb sources is unknown, but sources say the fire started at Kejetia Dubai, where car tyres are sold. The fire according to reports …

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UBA Ruby Account: Enabling Women’s Economic Empowerment

  The celebration of women’s month presents yet another opportune time to spark conversations on womens economic empowerment. When women are economically empowered, they are equipped with the education, training, and skills they need to get a job, earn an income and become a life support within their various communities. …

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Customers of Rosie The Glam Factory Expresses Satisfaction Over Services

Customers of Rosie The Glam Factory, a leading ultra-modern unisex grooming centre situated in East Legon Accra Ghana has expressed satisfaction over the services rendered to them. The Founder and CEO of Rosie The Glam Factory Mrs Paries Augusta Nyeswah on Saturday 25th February 2023 gave her customers a special …

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Roads Committee of Parliament threatens to reject reintroduction of road tolls

Parliament’s Select Committee has issued a number of conditions under which government’s decision to reintroduce road tolls will be accepted. Minister of finance Ken Ofori-Atta in a letter to the Roads Minister Kwasi Amoako-Atta has proposed about 85% increment in previous rates before the suspension of tolling. Speaking to Starr …

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Despite economic crisis, food shortage, people can still get ‘nkontomire’ – Presby minister

The District Minister of Koforidua Ascension Congregation of the Presbyterian Church of Ghana, Rev. Justice Kwame Asumeng, has rebuked Ghanaians for being ungrateful to God for protecting the country from the severe scourge of COVID-19 pandemic which has affected the global economy. Government has blamed Ghana’s struggling economic situation on …

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Private power producers give government 3-week ultimatum to clear about $1.5bn arrears

Vice President of IMANI Africa, Bright Simons, has asserted that private power producers who supply more than 50% of the country’s electricity have given government a 3-week ultimatum to start paying its arrears of about $1.5 billion. He noted that the failure of the government to settle its debt will lead …

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