BUSINESS

Ashanti Region flooded as business activities come into standstill in Kumasi

Some parts of Ashanti region experienced flooding after torrential rains in the early hours of Tuesday, September 28, 2022. Some affected areas included Sokoban, Santasi-Anyinam-Hemang, Kronum-Adonko, Moshie-Zongo, and Atafua. Other areas also affected were Abuakwa-Maakro, Ahenema-Kokoben, Asuofua, Asawasi, Aboabo, Sawua and its surroundings. Apiedu, Emena, Kotei and its surroundings also …

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LIVESTREAMED: Ken Ofori-Atta speaks on Ghana’s economy at Minister’s press briefing

Ghana’s Finance Minister, Ken Ofori-Atta is addressing journalists at the Minister’s Press Briefing series. He is expected to provide updates on the Ghanaian economy which is now seeking an economic support programme from the International Monetary Fund. Watch the stream below Source: www.ghanaweb.com

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PIAC demands whereabouts of US$100m oil proceeds

The Public Interest and Accountability Committee (PIAC) is demanding answers on why US$100.7million was not paid into the Petroleum Holding Funds as required by law. The amount relates to 944,164bbls of crude liftings made by JOHL, a subsidiary of Ghana National Petroleum Corporation (GNPC) that holds 7 percent interest in …

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GHANA REMAINS THE GATEWAY TO THE AFRICAN CONTINENT

    The Minister for Communications and Digitalization (MoCD), Mrs. Ursula Owusu-Ekuful has reiterated government’s commitment to building strong partnerships and formulating policies for digital technologies that would drive the socio-economic development of the country as well as position Ghana as the digital gateway to the African continent. Ghana considers …

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Ghana Re-affirms Position to Leave No One Digitally Behind

  The Minister for Communications and Digitalisation (MoCD), Mrs. Ursula Owusu-Ekuful (MP), has reaffirmed Ghana’s commitment to leaving no one digitally behind. This she said can be achieved by collectively focusing attention within the next eight (8) years, towards the attainment of the ICT-enabled sustainable development goals and targets by …

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KIA gets first standard certified airline repair facility

3AMS-CELMS is to operate Ghana’s first Maintenance Repair and Overhaul (MRO) facility at Kotoka International Airport. The company, according to Ben Owusu – a Senior Aviation Safety Inspector and Manager at Quality Assurance – is nearing the completion of its certification process that was started some five years ago. The …

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Cost of living crisis: One coconut currently sold above GH¢3

Coconut lovers have lamented the increase in the cost of their favourite fruit from GH¢1.50p in 2021 to as high as GH¢4 as of September 2022. The price increase has come as a shock to consumers who have stated that they may reduce or move away from their consumption if …

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Wuru community rejects Ghana cedis

The people of Wuru, a deprived community in the Sissala East Municipality of the Upper West Region are not using the Ghana Cedis, the official currency of Ghana as its medium of exchange due to the depreciation of the Ghana Cedi and other compelling factors. The only way they accept …

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Kumasi central market flooded, items destroyed

Severe flooding at the Kumasi Central Market in the Ashanti Region has destroyed wares estimated to be over 10 billion old cedis About 300 shops filled with wax prints, provisions, kitchen wares, children’s clothing, assorted drinks, and food items among others as water submerged their area early Monday morning. Some …

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Reports of my wealth have been grossly exaggerated – Sir Sam Jonah

Renowned business executive and former Chief Executive Officer of Ashanti Goldfields, Sir Sam Jonah has set the record straight over reports of his net worth and wealth. Mr. Jonah’s net worth, according to numerous reports have been considered to be around $1.2 billion. While this figure is yet to be verified, Sam Jonah believes …

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