BUSINESS

VIP Jeong announces new fares effective today; Accra— Kumasi fare now Ghs100

Management of top-rated transportation service across all the 16 regions of Ghana, VIP JEOUN Transport, have announced new fares for their routes effective today 24th October, 2022. The new fare which comes in the wake of increase in fuel price with a litre of diesel selling at more than Ghs70 …

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NANA KWEKU OFORI ATTA, CEO OF AVCONTECH SECURITY MASTERS, PETITIONS PRESIDENT TO DISMISS GOVERNOR OF BANK OF GHANA

  NANA KWEKU OFORI ATTA   Mr. President with all due respect, sack the Governor of Bank Ghana per Article 183 of the 1992 Constitution which states emphatically his duties as a governor which he has failed totally.   They are as follows:   The Bank of Ghana shall be …

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COMMUNICATIONS AND DIGITALISATION MINISTER ADJUDGED DIGITAL LEADER OF THE YEAR 2022

    The Minister for Communications and Digitalisation (MoCD), Mrs. Ursula Owusu-Ekuful ( MP), has been adjudged the Digital Leader of the Year for the second consecutive time at the 12th Ghana Information Technology and Telecom Awards (GITTA) which was held last night 21st October 2022 at the Movenpick Hotel …

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Shortage of dollars to ‘pave way’ for cedi stabilization – Financial Analyst

Financial Analyst at Dalex Finance, Joe Jackson, is optimistic the local currency – Cedi – will soon stabilize and trade among major trading currencies, especially the US dollar. According to him, dollars will soon not be on the market due to the unwillingness of Ghanaians to purchase the currency at …

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Cement price now above GH¢80

The price of a 50kg bag of cement is now above GH¢80.00, as the input costs of the manufacturers rise due to the depreciation of the Ghana cedi. Some retailers of GHACEM, Diamond and Dangote cement vary the price of a bag of the product from GH¢77.00 to GH¢85.00 but …

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Which investment is best for you in the Ghanaian financial markets?

Investments are generally motivated by the desire for profit; each investor aims to use his money profitably to generate significant returns. As a result, investors may decide to put their money into one or more of the available investment classes, including bonds, stocks, cash equivalents, real estate, various commodities, etc. …

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Economic hardship: Nurses ‘run away’ to greener pastures abroad

More Ghanaian nurses are in the process of securing visas to practice abroad, a situation most of them say is born out of poor working conditions in the country. Over the past year, there have been increased cases of Ghanaian-trained nurses and other health professionals travelling outside the country. A …

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We’re happy you chose Ghana as headquarters for India Africa Trade Council (Central/West Africa) – Says Ga Mantse

    The Ga Mantse (King), Nii Tackie Teiko Tsuru II, and the Deputy Minister of Trade and Industry, Hon. Michael Okyere Baafi(Mp) have pledged the support of the Ga Traditional Council and the Government of Ghana for the India Africa Trade Council (IATC). They expressed their profound gratitude to …

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GUTA strike suspended after ‘goodwill’ from Akufo-Addo and Ga Mantse

The Ghana Union of Traders Association has suspended its strike action, according to a statement signed by the General Secretary of the Association, Alpha A. Shaban. The decision, according to the release comes on the back of a meeting with the King of the Ga State, Mantse Nii Tackie Teiko …

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Install currency board to save the cedi – Prof Steve Hanke reiterates

Steve H. Hanke a professor of Applied Economics at the Johns Hopkins University, has reiterated his point that the managers of the Ghanaian economy need to establish a currency board in order to save the fallen cedi against the dollar. The Professor, who is based in the US, for some …

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