The management of AngloGold Ashanti has clarified media reports about some illegal miners who have allegedly been trapped in one of its mining shafts at Anwiam in the Obuasi East district. In a press release issued on Tuesday, 30 May 2023, the mining firm explained that the miners who used …
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Nigeria’s dollar bonds rallied after President Bola Tinubu scrapped the nation’s $10 billion fuel subsidy program and announced plans to adopt a uniform exchange rate. Debt due in 2047 jumped 3.3% to 66.750 cents on the dollar by 10:10 a.m. in London. Bonds due in 2049 gained 2.9% and those …
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GBfoods Ghana, a leading food manufacturing company and producers of Ghana’s favourite Gino and Pomo range of products is basking in the glory of its recent victories at not just one, but three prestigious award ceremonies solidifying their position as an industry powerhouse. The first set of …
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The local currency has experienced a reversal of its recent gains, losing 1.48 percent. It traded at GH¢10.98 to the United States (US) dollar at the end of last week. Initially, positive market sentiments prevailed and were attributed to approval of the US$3billion International Monetary Fund (IMF) bailout programme. However, an increase …
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Renowned Economist and former Minister of Finance and Economic Planning, Dr Joe Abbey has passed away after a short illness. According to a Joy Business report, the former Government Statistician and Diplomat passed away over the weekend. Until his demise, Dr. Joe Abbey was serving as the Executive Director of …
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Dr. Ismael Ackah, the executive secretary of the Public Utility Regulatory Commission (PURC), has provided details on how the Commission settled on an 18.6% tariff increment for the next quarter. He empathized and acknowledged the “current economic challenges”, but cited that although consumer satisfaction is the PURC’s top priority, it …
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The Chief Executive Officer (CEO) of the Microfinance and Small Loans Centre (MASLOC). Hajia Abibata Shanni Mahama Zakariah has led the institution in donating logistics in the form of learning materials to the Complementary Education Agency in Yendi. The event which took place on Saturday, 27th May 2023 at …
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United Bank for Africa Ghana (UBA Ghana) has marked this year’s Africa Union (AU) Day on May 25 with an array of initiatives. The day which is set across the African continent is set aside to celebrate Africa’s unity in diversity and also highlights the cultural and …
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The Keta Investment Promotion Center (KIPC) has sent a plea to President Nana Addo Dankwa Akufo-Addo to speed up the construction of the Keta Port, due to its geographical location and strategic importance to Ghana. In a statement signed by the CEO, Enyonam Adzo Apetorgbor, she said the people will …
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After what has seemed like pressure mounted on Freddie Blay, the Board Chairman of the Ghana National Petroleum Corporation (GNPC), he has indicated that he is no longer pursuing the offer of having PetroSA get an equal split in the interest held by GNPC’s subsidiary Jubilee Oil Holdings Ltd. According to …
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