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BUSINESS

Kejetia Market to be shut down for another week

The board of the new Kejetia Market also known as the Kumasi City Markets Limited has directed that the facility should be remained closed for one more week. This comes after the market was gutted by fire on Wednesday, 15th March 2023 which led to the destruction of items worth …

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ECG disconnects power to Ministry of Energy

The Electricity Company of Ghana paid the Ministry of Energy a visit last week Tuesday, plunging the whole facility in darkness for almost half a day, only restoring power after the mother ministry of the Electricity Company of Ghana (ECG) paid their debt bill in full. This will be the …

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Be transparent with Ghanaians over true state of the economy – Otumfuo to government

The Asantehene, Otumfuo Osei Tutu II has implored the government of President Nana Addo Dankwa Akufo-Addo to be transparent with citizens on issues to do with the economy. According to him, there is a need for the government to come clean on the current state of Ghana’s economy including the recently conducted Domestic Debt …

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Bank of Ghana, Ghana Air Force commission helipad to airlift currencies to Sefwi Boako

Following the accident of a Bank of Ghana Bullion Van in November 2019 at Techiman, in the Bono East Region of Ghana, the Management of the Bank of Ghana established a committee to investigate the circumstances leading to the accident and make recommendations to improve currency movement operations in the country. Amongst other recommendations, …

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I had sleepless nights over exchange rate hikes – Dr Bawumia

Vice President Dr Mahamudu Bawumia has revealed that he suffered sleepless nights when Ghana went through a phase of persistent hikes in exchange rates leading to a rise in the pricing of fuel products. According to the vice president, the situation and the quest to find a workable solution around it left …

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ECG closes down offices nationwide for a month beginning March 20

The Electricity Company of Ghana (ECG) has announced that beginning Monday, March 20, 2023, it shall close down all of its offices across the country as it seeks to embark on a nationwide revenue mobilisation exercise. The power distribution company said the exercise which will last for one month period …

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Bleeding is allowed – Bawumia mocks Gold-for-oil critics

The Head of Ghana’s Economic Management Team, Vice President Dr Mahamudu Bawumia on Wednesday, March 15, 2023, took a swipe at critics of the government’s Gold-for-oil policy. Touting the success of the policy which is currently in its third month of implementation, the vice president said the country will witness more …

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You are practicing investigative terrorism, not journalism – Judge tells Anas Aremeyaw Anas

An Accra High Court has told undercover investigative journalist Anas Aremeyaw Anas that what he practices is not investigative journalism, but “investigative terrorism.’’ This was after the court dismissed a GHC25 million defamatory suit the journalist brought against the Member of Parliament for Assin Central, Kennedy Agyapong. According to a report by …

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VIDEO: Kejetia market on fire

News coming in from Kumasi, the capital city of Ashanti Region, is that fire has gutted the central market, Kejetia. The cause of the fire according to GhanaWeb sources is unknown, but sources say the fire started at Kejetia Dubai, where car tyres are sold. The fire according to reports …

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UBA Ruby Account: Enabling Women’s Economic Empowerment

  The celebration of women’s month presents yet another opportune time to spark conversations on womens economic empowerment. When women are economically empowered, they are equipped with the education, training, and skills they need to get a job, earn an income and become a life support within their various communities. …

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