BUSINESS

The Bank of Ghana Governor, Dr. Ernest Addison, has calmed nerves over the country’s depleting foreign reserves, saying once polices outlined by government and the Bank start bearing fruit the situation will come back to normal. According to the Summary of Economic and Financial Data (November 2022) published by the …

By Joycelyn Kyei Baffour   “When you lose something, don’t think of it as a loss. Accept it as the gift that gets you on the path you were meant to travel on.” – Unknown. Working as human resources professionals, we have collectively found ourselves at one point or another …

The Ashanti Regional Pig Famers Association of Ghana (PFAG) has once again announced an upward adjustment in prices of its products (Pork) from GHS18 to Ghs22 effective December 1, 2022 According to Philemon Kwabena Ampongsie, Ashanti regional Secretary of PFAG, the hike is as a result of high cost of …

Early this month, the Ghana Chamber of Telecommunications announced its readiness to deactivate all unregistered SIM cards after the November 30, 2022 deadline. It said Ghana card holders can avoid this inconvenience [deactivation of SIM] by simply completing the registration process. In a latest press release sighted by GhanaWeb Business, the telco …

  Kingdom Exim Ghana Limited has donated GH¢25,000 to the Ministry of Food And Agriculture with the aim to support the upcoming 38th National Farmers Day. The donation is to support the Ministry in awarding the individual who would emerge as the best crop farmer for this year’s event.   …

The embattled Benkumhene of Asamang Tamfoe Traditional Area, Nana Boakye Darkwa, is demanding a refund of a total amount of GH¢115,000 mining proceeds given to Ofori Panin Fie out of mining in the community. According to him, the amount was paid on October 7, 2022 as a goodwill money which …

Ghana has been downgraded deeper into junk territory by Moody’s Investors Service on the likelihood that private creditors will incur steep losses during the government’s planned debt restructuring. The country’s credit rating was slashed by two levels to Ca, the second-lowest score at Moody’s, according to a Tuesday statement. That …

Finance Minister, Ken Ofori-Atta has announced government’s plan to commence operations for the new home-based carrier in 2023. This comes after government has signed the necessary shareholders and partnership agreements with the selected strategic partner for the home-based carrier. Speaking on the floor of Parliament to present the 2023 Budget …

Consumers of petroleum products in the country are expected to witness a reduction in prices between 10 percent and 8 percent from Thursday, December 1, 2022. The projection, made by the Institute of Energy Security (IES), will be the second consecutive period that will see consumers witness a reduction in …

The government has selected ‘GhanaAirlines’ as the name of choice for the new home-based carrier of the country. Ahead of the selection, names such as Akwaaba Airlines, Black Star Airlines, and Kente Airlines were mooted as part of the efforts to get a suitable name that will reflect Ghana’s culture …