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BUSINESS

Prices of petrol to go up by 2%, diesel to drop by 5.6% – COPEC

The Chamber of Petroleum Consumers (COPEC) has projected that the price of petrol may increase by 2 percent in the next pricing window that starts from April 16, 2023. According to COPEC, the projection is based on the increase in international benchmark pricing from $772.75 per metric tonne to $900.20 …

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US$3 billion from IMF is a pittance – Dormaahene

Osagyefo Oseadeeyo Agyemang Badu II has spoken about the government’s ongoing engagements with the International Monetary Fund [IMF]. He specifically addressed the amount of money that government was seeking from the international lender describing it as a pittance. In his view, there is a link between the financial support government was seeking …

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Global Chamber of Business Leaders Appoints Entrepreneur Gregor Kos As New Head of Office

  The Global Chamber of Business Leaders (GCBL) has announced the appointment of seasoned entrepreneur and Strategic Advisor, Gregor Kos, as its new Head of Office. Mr. Kos is to oversee operations at GCBL headquarters in European Union. He joins the global body with a great deal of professional experience, …

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Why UK can no longer ‘recruit’ health workers from Ghana – Bright Simons explains

The vice president of IMANI Africa, Bright Simons, has given some clarification on reports that the government of the United Kingdom (UK) has barred the recruitment of health workers from Ghana and 53 other countries. According to Simons, Ghanaian health workers have not been barred from travelling to the UK as …

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Betting expert criticises new 10% tax on betting

Professional Gamer and betting expert Enoch Hood has shared his view on introducing a 10% tax on betting winnings in the country. Taking to Twitter, Hood said some people may turn to unlicensed or offshore betting sites to avoid paying additional taxes and it can result in an increase in …

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British Actor Keith Mason Launches Non-profit Sportswear Brand To Help Children With Brain Injuries

    Keith Mason, a British actor and former professional Rugby player, has launched a non-profit sportswear brand to help raise funds for a £25 million brain injury hospital for children in the United Kingdom who are not provided NHS treatment.   Funds to be generated through the sales of …

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Tony O. Elumelu Joins US Vice President Kamala Harris at the Gender Inclusion in the Digital Economy Summit in Zambia

Tony O. Elumelu   The Group Chairman of United Bank for Africa (UBA) and Heirs Holdings, the leading Pan-African investor, Tony O. Elumelu, CFR, will be traveling to Zambia at the invitation of United States Vice President, Kamala Harris.   Mr. Elumelu will join other global leaders at the inaugural …

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Full Year 2022: UBA Delivers Strong Results as Profit Hits $446.4m

  Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2022, showing impressive performance across major indices. The 2022 financials, filed by the Bank at Nigerian Exchange Limited (NGx) on Thursday, showed that gross earnings rose significantly …

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‘Easier said than done?’ – Mahama jabs Bawumia with 2016 economic interview

The government is estimated to save almost 50 billion Ghana cedis this year from the suspension of external debt service payments and the domestic debt exchange programme, former President John Mahama has said. This windfall and a reduction of government expenditure, he noted, “could have been used to reduce the …

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Ghana stoic over South Africa visa waiver agreement

Ghana is yet to act in respect of a 90-day visa-free arrangement for ordinary passport holders with the Republic of South Africa (RSA), despite the challenges businesses and individuals currently have to go through to acquire a visa to travel to the Southern Africa nation. AviationGhana sources close to the …

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