BUSINESS

The country’s economic figures stand in sharp contrast with the daily economic hardships faced by citizens, the Institute of Statistical, Social, Economic and Research (ISSER) has observed. It said although the country’s total income distributed per person, also known as per capita income, had increased by $386 from $1,979 in …

Ghana’s economy is still faced with significant financing challenges despite the government’s debt restructuring activities, a recent report by Fitch has indicated. As a result, the rating agency kept Ghana’s rating at a level that indicates that the country is effectively in default on its foreign debts. This rating, known …

Initial checks by Citi Business News have revealed that some foreign exchange bureaux have not fully complied with the Bank of Ghana’s (BOG’s) new directive on transactions. The directive which took effect on Thursday, August 1, 2024, requires all licensed foreign exchange bureaux to request the Ghana Card before completing …

The United States Embassy(US Embassy) in Accra has announced a change in its visa services operations. Effective August 26, 2024, the Embassy will transition to a new visa services provider which will be made known on the US Embassy website. Consequently, access to the current visa service provider’s website and …

The Institute for Energy Security (IES) has predicted a downward trend in fuel prices for the first half of August 2024, driven by favourable international market conditions. According to the IES, this anticipated price drop is attributed to positive market dynamics globally. The institute predicts a 2-4% decrease in prices …

  The Rugby League Federation Ghana (RLFG) hosted a pivotal breakfast meeting on Friday, July 26, 2024, bringing together key stakeholders from corporate Ghana, government bodies, and the educational sector to discuss the future of rugby league in Ghana. This landmark event aimed to introduce many attendees to the sport, …

Kenneth Ugwuanyi Kenneth Ugwuanyi, the Group Head of Transaction Banking at UBA, underscored the vital importance of mobile money interoperability across Africa during his presentation at the Africa Prosperity Network Symposium on Retail Payment through Interoperability, recently held at the Labadi Beach Hotel in Accra, Ghana. In his presentation, Kenneth …

The Deputy Minister for Lands and Natural Resources, George Mireku Duker, has urged mining stakeholders and traditional authorities to actively support Atlantic Lithium Limited’s sustainability in Ghana. He mentioned that their backing would not only spur economic growth in the Central Region but also benefit the local youth and the …

Bel Aqua Mineral Water, which recently achieved a significant milestone by being inducted into the prestigious Ghana Manufacturing Hall of Fame, has signed Ghana’s young couple and Reality TV Stars Emmanuel Ankrah and Rose Owusu Konadu as their new brand ambassadors. The Bel Aqua Mineral Water company yesterday, July 26, …

Raju Gound said he had been leasing mines in Panna city for more than 10 years in the hope of finding a diamond An Indian labourer’s fortunes have changed overnight after he found a massive diamond in a mine in the central state of Madhya Pradesh. The 19.22-carat diamond is …