BUSINESS

GOLDENVOICE, THE CONCERT giant behind Coachella, has filed a copyright infringement lawsuit against the organizers of Afrochella, a Ghanaian music festival specializing in Afrobeats music. The lawsuit, filed Wednesday at a California district court and obtained by Rolling Stone, comes three years after AEG (which owns Goldenvoice) issued a warning …

The Association of Ghana Industries AGI says the recent increase in policy rate by the Bank of Ghana will further exacerbate the country’s inflation contrary to what the central bank envisaged. The Monetary Policy Committee (MPC) of the Bank of Ghana on Thursday October 5, 2022 announced increased in the Policy Rate …

Government has pegged the producer price for cocoa at GH¢800 per bag of 64kg. The new price takes effect from Friday, October 14, 2022, for the 2022-2023 crop season. This depicts a 21 percent increase from GH¢10,560 per tonne to GH¢12,800 per tonne. Minister for Food and Agriculture, Dr. Owusu …

  AirtelTigo is dedicating this week to its customers as part of the Global Customer Service Week celebration from Monday 3rd – Friday 7th October 2022. The celebration is AirtelTigo’s way of expressing its commitment to providing excellent telecommunication services to its customers and celebrating the people who make customer …

Rating agency, Moody’s has downgraded Ghana’s long-term issuer and senior unsecured debt ratings from Caa1 to Caa2 and placed the ratings on review for downgrade. Moody’s, in February this year, downgraded Ghana from B3 to Caa1. The agency contends that the further downgrade stems from the government’s decision to seek …

For nine months this year, the cedi has lost 40.05% in value to the US dollar, according to data from Bloomberg. This makes the cedi the second-worst performing currency in the world. The cedi is ranked as the worst among the 30 top-performing currencies on the African continent. In July, …

    By: Nana Kwaku Ofori Atta (CEO of AVCONTECH SECURITY MASTERS). I am calling on Government to take the ongoing crisis involving ECG where citizens are unable to purchase hydroelectric power with their prepaid cards. Many citizens have been in total darkness for days, not to talk of the …

The Ghana Cedi has been ranked as the second worst-performing currency in the world after Sri Lanka’s Rupee, a Bloomberg report has said. The international news portal said the Cedi lost its value by 40.05 percent to the United States dollar in the first nine months of 2022 – making …

The rising cost of fertiliser on the global market will negatively affect availability of rice and other staple foods in 2023 if the crisis between Russia and Ukraine continues into next year, a Chief Economist at the United Nations Food and Agriculture Organisation (FAO), Maximo Torero Cullen, has predicted. Mr. …

Uncompetitive cocoa prices on the international market is forcing cocoa farmers in gold-producing areas to sell farmlands for illegal mining activities, the Ghana Civil-society Cocoa Platform (GCCP) has said. The situation is rather disturbing, given cocoa has been the main cash crop that has been the backbone of the economy. …