BUSINESS

Investment and fund management firm Databank has announced the closure of its offices effective Thursday, December 22, and to work remotely following attacks and threats on its staff. A statement issued Wednesday by the company said it has not been spared the liquidity challenges that have beset the fund management …

The Ghana Used Clothing Dealers Association has urged government to continue to implement measures that will help the appreciation of the cedi in order to bring relief to business communities in the country. This follows the appreciation of the cedi against major trading currencies of the world. The cedi is …

Ghana had a bad outing at the just-ended 2022 World Cup in Qatar. The Black Stars finished bottom of Group H with Portugal topping whiles South Korea finsihed second ahead of Uruguay on goal difference – both teams finished with four points apiece. The Black Stars recorded three points from …

Organized labour has declared an indefinite strike starting December 27, 2022. According to the labour unions, they will only rescind their decision when pension funds are exempted from the domestic debt exchange programme. According to Atinka News source, the decision to embark on the strike was reached after a meeting …

The Ministry of Finance is holding a press conference to provide an update on the Ghanaian economy. This comes after Ghana and the International Monetary Fund on December 13 reached a staff-level agreement for an amount of US$3 billion under an Extended Credit Facility covering a three-year period. Although the agreement is …

President Nana Addo Dankwa Akufo-Addo is appealing to the business community to reduce the prices of goods and services as the cedi regains its strength. The Ghana cedi in the past week has gained some significant strength against the US dollar with prices of fuel also recording substantial reduction. According …

The government has announced suspension of all debt service payments under certain categories of the country’s external debt, pending an orderly restructuring of the affected obligations. This suspension will include the payments on the country’s Eurobonds; commercial term loans; and on most of the country’s bilateral debt. This suspension, according …

The implementation of a 15.3 percent reduction in transport fares will take effect from Monday, December 19, 2022. A list containing the new prices has been released accordingly. This follows a decision by the Public transport operators under the various drivers’ unions in Ghana to reduce transport fares by 15.3 …

The proliferation of drones and their unreg­ulated use within the country’s airspace poses a threat to the safety and se­curity of airlines and pas­sengers, the Director-General (D-G) of Ghana Civil Aviation Authority (GCAA) of Ghana, Mr Charles Kraikue has said. He said the operation of these drones did not only …

Imo State high court in Orlu was on Saturday, December 17, set ablaze by gunmen who targeted part of the structure housing sensitive documents.   Daily Trust reported that the complex is housing both the high court and a magistrates’ court. It was also learnt that the Orlu high court which …