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BUSINESS

Akufo-Addo directs finance minister to complete Kumasi International Airport, Kejetia project

President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, has directed the Finance Minister, Dr Mohammed Amin Adam, to complete Abandoned projects in the Ashanti Region. Some of the landmark projects include the Kumasi International Airport, Okomfo Anokye Maternity Block, and the Second Phase of the Kejetia Central Market redevelopment …

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Go to Canada and see – Hawa Koomson defends cost of rent in Ghana

Mavis Hawa Koomson, the Minister of Fisheries and Aquaculture, has defended the cost of rent in Ghana amidst growing complaints about the high cost of living. In a recent interview on Onua FM’s morning show, Yɛn Nsɛmpa, with Nana Yaa Brefo and JB, the Awutu Senya East Member of Parliament …

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Here’s why interest rates are still high in Ghana

Apart from the high cost of doing business in Ghana, another major challenge the business community faces is the high interest rates on loans acquired from financial institutions. Despite bemoaning how this particular problem – high interest rates – keeps having dire consequences on their business, the government has done …

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Tap n’ Go ticketing system can never work as ‘trotro’ – GPRTU

The Ghana Private Road Transport Union (GPRTU) has rubbished assertions by Vice President Dr. Mahamudu Bawumia that the newly introduced automated transport ticketing system “Tap n’ Go” will eventually be rolled out on intra-city transport minivans popularly known as ‘trotro’ Speaking at the launch of the Tap n’ Go app, …

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Fuel prices may rise for next 2 to 3 months – Duncan Amoah

Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah has hinted that prices of petroleum products may continue to rise for the next two to three months. Oil Marketing companies over the weekend made upward adjustments to the prices of fuel at the pumps by between 3% to …

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Government to order 100 electric buses for Metro Mass Transit – Bawumia

Government is hoping to order 100 electric buses for Metro Mass Transit, as announced by Vice President Dr. Mahamudu Bawumia during the launch of the Tap & Go Transport Project on Monday, February 19, 2024, at the head office of Metro Mass Transit Limited. This initiative aims to introduce e-vehicles to the …

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Salaries of public sector workers increase by 23%

The Government of Ghana through the Controller and Accountant General has implemented a salary adjustment for public sector workers by 23 percent. The decision follows the conclusion of negotiations with relevant stakeholders on the base pay for 2024. Controller and Accountant General, Kwasi Kwaning-Bosompem, said the salary adjustment took effect …

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‘A focused fool’ – Stonebwoy subtly jabs Shatta Wale for ‘attacking’ him on TV?

Ghanaian musician, Stonebwoy appears to have taken a dig at fellow musician, Shatta Wale for attacking his personality during an interview with 3Music TV. In the interview, Shatta Wale expressed his eagerness to collaborate with Stonebwoy and make a positive impact in the music industry, despite their past feud. However, he lamented that his efforts to mend their …

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John Mahama messed up one of Ghana’s most buoyant economies – Miracles Aboagye

A Presidential Staffer, Dennis Miracles Aboagye, has said the flagbearer of the National Democratic Congress, John Mahama, as a “spare driver”, could not steer Ghana’s economy during his tenure. According to him, John Mahama inherited an economy that was flourishing but could not sustain it. In a statement sighted on …

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3 business groups that have positively reacted to policy proposals of Bawumia

Some key groups in Ghana have expressed support for specific policy proposals of Vice President Dr. Mahamudu Bawumia, as articulated in his policy speech at the University of Professional Studies, Accra (UPSA) on February 7. Among them are the Ghana Union of Traders Association (GUTA), the Association of Ghana Industries …

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