BUSINESS

Minister of Finance Ken Ofori-Atta has instituted legal action against radio and TV show host Captain Smart for recent comments that the minister was a direct beneficiary of recently released bailout funds from a global lender. In a High Court writ dated Friday, June 2, 2023 and sighted by GhanaWeb, the minister’s lawyer …

The Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCo) have released the tariff reckoner to guide consumers following the recently approved 18.6 percent increment in electricity tariffs by the Public Utilities Regulatory Commission (PURC). The two entities have encouraged power consumers to go through the guide …

The Ghana Revenue Authority (GRA) has exempted churches, cemeteries, and schools, among others registered with the Metropolitan, Municipal and District Assemblies (MMDAs) from the payment of property rate. According to the GRA, the Local Governance Act 2016 (Act 936) mandates all persons and corporate bodies who own immovable properties to …

    Puma Energy Ghana has reaffirmed its commitments to Ghanas energy supply and security through its diverse investments and state-of-the-art strategic energy infrastructure; to make energy easily accessible and affordable to Ghanaian households and the business community in the wake of growing consumption of petroleum products. These investments in …

The Deputy Finance Minister Abena Osei Asare has said the government’s failure to meet coupon deadlines for pensioner bondholders is not on purpose. “We don’t intentionally stop them [payment], sometimes it’s difficult, it is the ability to pay and, so, when it is not there, it becomes a challenge, but …

The World Bank is calling on the government to review some of the Power Purchase Agreements (PPAs) as part of the International Monetary Fund (IMF) bailout to revive the ailing economy. According to the bank, many of the PPAs that the government signed with Independent Power Producers (IPPs) are expensive. The Country …

    The Gordon’s Pink Berry Spirit Drink Soiree not only captivated attendees with its delightful cocktails and vibrant atmosphere but also served as a platform for trendsetters, influencers, and media personalities to showcase their impeccable style.   As fashion took center stage at this exclusive event, guests embraced their …

  Africa’s Global bank, United Bank for Africa (UBA) Plc, has announced that all its African subsidiaries are now on firm footing as they have been contributing maximally to the group’s profit margin. Specifically, the bank’s African operations have contributed close to 50% of the group’s earnings, leveraging on digital …

    Renowned FIFA World Cup organizer( Kenpong Travel and Tours), and  managers of  Ghana International Mall,  Accra’s newest shopping mall, has introduced a live music festival at its premises on the Spintex Road. The ultramodern facility, which is yet-to-be opened to the public, would treat music-lovers with soothing liveband …

Africa Data Centres (ADC) will soon begin the construction of its strategic international data center as part of the Ghana Trade Fair Redevelopment Project. This serves as a major boost for Ghana in the Government’s push to make digitalisation a major economic growth pillar and employment pool for the youth. …