Home / BUSINESS (page 88)

BUSINESS

Ghana could experience onion shortage in Christmas – Traders hint

Onion sellers in the Kwadaso municipality of the Ashanti region have forewarned Ghanaians about shortages during this year’s Christmas festivity. According to the traders, over 90% per cent of onion sellers have withdrawn from the business due to the Ghanaian cedi’s inability to compete with the CFA and the Dollar. …

Read More »

Don’t judge government by post-COVID-19 performance only — Bawumia

Vice President, Dr Mahamadu Bawumia, says it is wrong to measure government’s performance only by the current post-COVID-19 economic difficulties. He said the country’s economy outlook before the onset of the pandemic was positive; thus the reason the government continued to attribute the current crisis to factors emanating from the …

Read More »

7 of the worst performing currencies in Africa in 2022

Every week, Steve Hanke, a Professor of Applied Economics and Director of the Troubled Currencies Project in the United States, publishes Hanke’s currency watchlist, a group of currencies that have depreciated by at least 20% against the dollar since January 2020. Hanke, a professor at Johns Hopkins University, explains that …

Read More »

‘Ice water’ business returns to Hohoe, Ho after decades

Madam Rebecca Asempa, a businesswoman in Hohoe has resurrected the selling of “ice water” after more than 10 years switch to the consumption of “pure water.” She resumed the business on Tuesday, October 25 and so far, it is becoming a favourite to all special drivers at the Hohoe lorry …

Read More »

Kumasi: Coffin makers set to increase prices next week

Coffin makers in the Kumasi metropolis have revealed that they will increase the prices of their products from next week. According to them, the prices of the raw material they use have tripled hence there’s nothing more they can do except for increasing their prices in order not to run …

Read More »

Restaurant owners to sell soup, stew in addition to customers fufu and rice

Some restaurant owners in the Ashanti Region are entreating customers to make provision to buy soup and stew for their fufu and rice due to the rising cost of food stuff. The business owners say ingredients such as oil, meat and vegetables, are taking a toll on their operations. They …

Read More »

‘I’m the best man to turn around Ghana’s economic woes’ – Ken Ofori-Atta

The Finance Minister for Ghana Ken-Ofori-Atta says he’s the right person to redeem the country’s sinking economy and take it back to its rightful position. With the entire NPP majority caucus in parliament supporting him, he says he remains the right person to redeem the country’s sinking economy. Speaking at …

Read More »

Ghana to spend $8.1 million on three group stage matches at 2022 World Cup

Ghana’s Minister for Youth and Sports, Mustapha Ussif has presented the country’s budget for the 2022 World Cup to Parliament The address which was delivered on November 4, 2022 before lawmakers highlighted the possible financial, sporting, tourism, and economic benefit of the World Cup tournament. Mustapha Ussif disclosed that the government …

Read More »

AGI raises red flag on imported frozen chicken into Ghana

Imported frozen chicken and other meat products are preserved for, at least, three years before reaching destination markets in Africa – particularly Ghana – records from the Association of Ghana Industries-Agriculture Sector have indicated. Vice Chair of the AGI-Agriculture Sector, Fatima Alimohamed, told B&FT that the situation is dire and …

Read More »

Agric Ministry to sell foodstuff at cheaper prices at its premises in Accra

As part of the efforts to control prices of foodstuff, the Ministry of Food and Agriculture is set to begin selling foodstuff within its premises to serve people in Accra. The products will be brought from the farms to the ministry and sold to consumers at a cheaper price. Speaking …

Read More »