BUSINESS

Former TOR boss Asante Berko arrested in UK over alleged bribery scheme

A former Ghanaian banker with Goldman Sachs Group Inc., Asante Berko, has been arrested over his alleged involvement with bribes paid to Ghanaian authorities during his time at the investment bank. Berko is also the former Managing Director of state-owned enterprise, Tema Oil Refinery. According to a Bloomberg report, Mr. Berko …

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‘Gob3′(Gari and Beans) sellers threaten indefinite strike over high price of beans and oil

In recent times, gari and bean popularly known as “Gobe” has become one of the most patronized local delicacies in Ghana because one can quench his hunger with little amount of money which can sustain him for many hours. Again, gobe comes with many health benefits to its eaters because …

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How Black Stars players who were dropped were informed

GhanaWeb Sports Journalist, Daniel Oduro, has shared some insights on how the technical team members of the Black Stars shared the responsibilities on how to name their final 26-man squad for the 2022 FIFA World Cup. According to Daniel Oduro, head coach Otto Addo took the responsibility to inform the players who have been …

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Lady stripped naked on live TV show

A young lady stripped herself naked during a live television show on ‘Obra’ show on Nhyira Fm. The lady whose name is yet to be identified was accused by her in-law of sleeping with another man. The lady narrates her side of the story and says she did not have …

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5 Ghanaian businesses that have shut down due to economic hardships

n the space of two weeks or less, some businesses in Ghana have folded up. Some of these businesses have shut down permanently, whiles others have closed down some of their branches. Most of which are food businesses lamented the increasing cost of ingredients. They are Soul by Villa Grace, …

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Ghana’s food prices ranked as highest in sub-Sahara Africa – World Bank report

The 2022 World Bank’s Africa Pulse Report has ranked Ghana as the country with sub-Sahara Africa’s (SSA) highest food prices. The report was released at the end of last month, October 2022, and indicated that domestic food prices have gone up by 122 percent since January this year. Indeed, the …

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Why are some Ghanaian traders so greedy and wicked to be potential murderers?

There are known instances where some Ghanaian commercial traders have employed unhygienic methods going about their trade. No wonder many are dying prematurely of unexplained diseases and under difficult to understand circumstances. Is it not known by many as asserted by some pastors and fetish priests that some Ghanaian traders …

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There’s a 50% chance Ghana will default on its debt repayment – Fitch

There is a 50% chance that Ghana could default on its debt repayment, rating agency, Fitch, has projected. The agency said that Ghana’s sovereign credit rating may yet face another downgrade closer to default. According to a report by myjoyonline.com, Fitch said that this could become an even more definite …

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2020 polls: Government borrowed GH¢67 billion; ‘shared it like kelewele’ – Ato Forson claims

Cassiel Ato Forson, Member of Parliament for Ajumako Enyan Essiam Constituency in the Central Region has alleged that government went on a borrowing spree in the lead-up to the 2020 polls. Ato Forson, who is the Ranking Member on Parliament’s Finance Committee said a total of GH¢67 billion was borrowed, an amount which …

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Government’s plan to find affordable petroleum products impossible – IES boss

The Executive Director of the Institute for Energy Security, Nana Amoasi VII, has described the government’s attempts to find more affordable petroleum products amid the economic crisis as wasteful and impossible. Speaking on The Big Issue, Nana Amoasi VII said the players in the petroleum sector would have utilised links to cheaper …

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