BUSINESS

It appears that customers may have to consider shopping options from other stores as some of their favorite major outlets have been shut down by the Ghana Revenue Authority (GRA). This is because the Authority has locked up some popular shopping centers in Accra due to their non-compliance with the …

The traveling public should be prepared to pay more for domestic air travel in the future, if proposals by the Ghana Airports Company Limited (GACL) for a review of the current GH¢5 per passenger Airport Passenger Service Charge (APSC) on all domestic flights is accepted by Parliament. The GACL, a state-owned …

Dangote Industries Limited, a multinational manufacturing group owned by Africa’s richest man Aliko Dangote, has announced that the Dangote Oil Refinery, a $19-billion integrated petrochemical refinery complex, is 97-percent complete. In a recent update on the ongoing construction work at the multibillion-dollar petrochemical complex in Lagos’s Lekki Free Zone, the …

Consumer inflation has further increased to 37.2 percent in September 2022 – inching closer to the 40 percent mark last seen in the early 2000s. The annual inflation rate accelerated for the 16th straight month by 3.3 percentage points from 33.9 percent in August 2022, the highest reading since June …

The Concerned Drivers Association of Ghana has served notice to shock the nation over hikes in fuel prices. There have been projections that fuel prices will increase by 10 per cent on Sunday, 16 October 2022, while transport fares are likely to go up by 40 per cent in the …

The Ghana National Cocoa Farmers Association has threatened to embark on a strike over continuous neglect by the government towards their welfare. According to the President of the Association, Stephen Anane Boateng, the Ghana COCOBOD has consistently failed to implement policies that will inure to their benefit, though they produce …

    The Chief Executive Officer of Sahara Royal Gold Refinery Limited Godwin Kwaku Amekuedi has allegedly duped prestigious antique furniture outfit, Jamila Home to the tune of C1,500,000 ($200,000). In June, the gold refinery company CEO bought items worth the said amount and consequently issued a cheque to cater …

The calls for the sacking of Ghana’s Finance Minister, Ken Ofori-Atta, have reignited following the sacking of the UK’s Finance Minister, Kwasi Kwarteng, early on Friday. The UK’s Chancellor of Exchequer was sacked by British Prime Minister Liz Truss on Friday, October 14, 2022, after just six weeks of his appointment. …

The Chamber of Petroleum Consumers (COPEC) is predicting a 10 percent increase in the price of petroleum products effective October 16, 2022. The price adjustment falls in line with the second pricing window for the month of October. The Chamber in a statement said that from the observed figures within …

    By Nana kweku Ofori Atta (CEO AVCONTECH SECURITY MASTERS) The state of hardship in Effutu (Winneba) is beyond imagination and I suggest the Government, Member of Parliament, the MCE , the chiefs and elders of Effutu need to sit at the table of development to discuss the growth …