BUSINESS

The President of Ghana, Nana Addo Dankwa Akufo-Addo, has made new ministerial appointments. Kobina Tahiru Hammond has been appointed Minister of Trade and Industry, while Bryan Acheampong will now head the Ministry of Food and Agriculture. Other appointments are Stephen Asamoah Boateng, for Ministry of Chieftaincy; Mohammed Amin Adam, Minister …

For his immense contributions to the growth of banking and finance in Nigeria and across Africa, the Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, was on Saturday, conferred with an Honorary Doctorate Degree in Banking and Finance by the Imo State University (IMSU) Owerri, …

Leading member of the New Patriotic Party, Dr Richard Amoako Baah says the Minister for Finance, Ken Ofori-Atta should be blamed for the state of Ghana’s economy. According to him, the minister as the driver of Ghana’s economy had become intoxicated from ‘partying’ and engaging in reckless borrowing leading the country into an …

Tema Oil Refinery (TOR) has not been operational since June 2018 due to lack of crude oil which serves as a raw material for the refinery. Aside from the inadequate crude oil in the country’s only oil refinery, TOR is faced with other challenges like broken equipment, piled debt, among …

Ghana hasn’t always had the Cedi as its legal tender – currency. As a colony of the British whose currency is the British Pounds, the country had to be given a currency in line. In the 50s countries under the British Colony were using the British West African Pound which …

  A historic investment cooperation between Israel and the Gulf Cooperation Council (GCC) countries has been formed, aimed at driving economic growth and development in Africa. This marks a significant shift in the relationship between Israel and the GCC and underscores the shared commitment to promoting sustainable economic growth in …

Ghana has started assembling Cash-in-Transit (CIT) armored trucks to keep the country’s banks’ movement of large sums of money secure and impervious to robbery assaults. The first four vehicles that DIHOC- KE­NAKI Manufacturing Company Limited (DIKMAC) equipped at its armored vehicle assembling facility at Burma Camp in Accra are now …

The Member of Parliament for Ningo Prampram, Sam Nartey George, has described the God-for-Oil policy the government is implementing as a scam. According to him, the aim of the policy is to reduce the prices of oil products but the prices of these items are set to increase again this …

    The UK-Ghana Chamber of Commerce (UKGCC), a member-based trade association that promotes trade between the UK and Ghana, applauds the inauguration of the Independent Tax Appeals Board (ITAB) in Ghana by Government.   The Board, created in accordance with the Revenue Administration (Amendment) Act, 2020 (Act 1029), will …

    The Board of Directors of the United Bank for Africa Plc, Africa’s Global Bank, today announces the appointment of Mrs. Abiola Bawuah, as Chief Executive Officer (CEO) of UBA Africa. Bawuah will also join the Group Board as an Executive Director, overseeing the Group’s operations across the African …