BUSINESS

The Chamber of Petroleum Consumers (COPEC) has predicted a marginal increment in fuel prices in this pricing window [July]. According to the Executive Secretary of COPEC, Duncan Amoah, petrol and diesel prices are expected to see an increment of 2.6% and 2.4% respectively at various pumps. He however noted that …

A recent list compiled by Billionaires.Africa has shaken up the rankings on the Nigerian Exchange, revealing that Abdul Samad Rabiu, the leading billionaire businessman and industrialist, has overtaken Aliko Dangote as the richest investor in the country. According to data tracked by Billionaires.Africa, Rabiu’s holdings in his publicly listed businesses …

The Drivers and Vehicle Licensing Authority (DVLA) has a introduced a mobile service – a door-to-door approach – as part of commitment to make it easier for Ghanaians to obtain relevant driving documents. The introduction of the mobile service in organisations and tertiary institutions is to curb the challenges students …

Telecommunication network giant, MTN, has withdrawn the planned review of the cash-out fee for mobile money. It had earlier announced that starting Saturday, July 1, 2023, customers will experience an adjustment in fees for cash-out transactions that exceed a specific threshold [GH¢2,000 and above]. The GH¢20 flat rate charge on …

  Brakwa Breman Rural Bank PLC after 37 years of consistent operations have introduced ‘Ghanapay’ application (APP) to enhance transactions. The application which will enable customers to easily send and receive money from their accounts is said to serve customers with no hindrance. The CEO of the bank Mr. Felix …

Communication Specialist at the Energy Ministry, Kofi Abrefa Afena has said the brouhaha surrounding discussions on the government finding a partner for the Tema Oil Refinery (TOR) is “unfortunate”. He was empathic on NEAT FM’s morning show, ‘Ghana Montie’ that there is “no contract with any company now” as widely …

    United Bank for Africa (UBA) Plc, a leading financial institution in Africa, and the Pan African Payment and Settlement System (PAPSS) are pleased to announce the signing of a Memorandum of Understanding (MoU) aimed at enhancing the settlement of cross-border transactions throughout Africa. This pivotal collaboration was formalized …

    Mr. Stephen Osei-kissi, Head of the Greater Accra Regional Secretariat of the National Labour Commission (NLC) has advocated for Ghanaian workers to be paid a living wage during the UKGCC’s latest webinar on ‘Navigating Ghana’s Labour Laws and Regulations’.    According to Mr. Osei-Kissi, the living wage considers …

    Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday, signed an agreement with the Africa Continental Free Trade Area (AfCFTA) Secretariat to invest $6billion as funding for African Small and Medium Enterprises within the next three years. A breakdown of the $6bn investment shows that a …

Alhaji Iddi Sumaila, President of the Association of Bullion Operators Ghana (ABOG), has disclosed that starting July 1, 2023, only armoured bullion vans will be used. According to him, no soft-skinned vehicle will be utilised to convey cash. He stated that the Association is dedicated to ensuring that all banks …