BUSINESS

Renowned economist, Kwame Pianim has opined that commercial banks that were ‘wrongly’ collapsed due to political reasons must be granted back their operating licenses following the clean-up undertaken by the Bank of Ghana. He believes that once it has been proven that these banks were collapsed for the said political …

The National Petroleum Authority (NPA) has reported the confiscation of a substantial amount of smuggled crude oil and diesel in the Western Region between January and April 2023. During separate operations conducted by the Ghana Navy and Marine Police, a total of 108,000 litres of diesel and 73,000 litres of …

Organised Labour has served notice of reporting the management of Sunon Asogli Limited to the International Labour Conference (ILC) on June 9, 2023. Addressing the media after a meeting in Accra on Thursday, June 1, the group expressed its disbelief that such injustice could be perpetrated in Ghana 67 years …

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 …