BUSINESS

The World Bank’s new Country Climate and Development Report for Ghana, has indicated that at least one million more people could fall into poverty due to climate shocks if urgent actions are not taken. The report added that income could also reduce by up to 40% for poor households by …

The Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey, has said austerity measures are inevitable in efforts to stabilize the economy. On the path to full recovery from Ghana’s economic crisis, the people are bound to face either IMF conditionality or home-grown tough decisions that will affect the …

The price of cement has reportedly shot up again, to sell at GH¢95 from GH¢80 about two weeks ago. According to Ghanaian broadcaster Bridget Otoo, the price change has become unbearable as she lamented the effect on the survival of businesses in the country. Bridget Otoo in a Twitter post noted that …

A Cornell University study has shown that couples with joint bank accounts build better relationships. The decision of whether or not to combine finances with your lover has been known to make or break a relationship. After all, it takes a lot of maturity and compassion to commit to a …

The Volta Aluminium Company (VALCO) has shut down its operations following agitations by its workers over their demands for a salary restoration equivalent to the dollar rate. Workers at VALCO currently have their salaries pegged in dollars, but are paid a cedi equivalent. However, because the cedi has depreciated drastically …

The price of diesel has shot up to GHS23.49 per litre, according to the latest prices advertised by TotalEnergies at the pumps. Petrol is selling at GHS17.99 per litre. Kerosene is going for GHS14.70. The new prices take effect from today, Tuesday, 1 November 2022. On Sunday, 30 October 20220, …

      The Africa Digital Economy Forum has announced the first ever Digital Economy Awareness Month (DEAM) slated for November across the globe.   The novel Digital Economy Awareness Month (DEAM) slated for the month of November themed Digital Economy: The New Norm is an initiative aimed at deepening …

Traders in the Central Business District of Kumasi, capital of the Ashanti Region, say they will only reduce prices of goods if the local currency appreciates against other international currencies. According to them, though they are willing to sell their products at a relatively cheap price, high exchange rate has …

A yet to be identified lady recently took to social media spaces to share pictures of her thick body whilst adding that her looks are more attractive compared to that of popular actress, Destiny Etiko. The lady who’s suspected to be in her twenties is seen in a blue and …

President Akufo-Addo has called on Ghanaians to stop the unfounded speculations about the value of the local currency against other major trading currencies across the globe. Addressing the nation on Sunday, he said the speculations have contributed to the consistent depreciation in the value of the cedi in recent times. …