Fuel Prices Up 11%
Fuel prices across various outlets in the country have increased between three and 11 per cent, the Chamber of Petroleum Consumers Ghana (COPEC-GH) has indicated. This follows a review of fuel prices...
Category: Business
We Will Go Back To Court; Outraged DKM Customers Vow
Some outraged customers of DKM Microfinance Limited have threatened to go to court over the amounts of money given them. Some of the customers said they have been given paltry sums not close to what...
Gov’t May Not Be Able To Tackle Public Debt In Good Time
Chief Executive of Dalex Finance, Ken Thompson, has cast doubt over government’s ability to tackle the public debt in good time to the benefit of the economy. As at July this year, the country’s...
Government Hits Jackpot
Government has bagged over GHC3.4billion from taxes imposed on petroleum products for the first six months in 2016. Data released by the National Petroleum Authority (NPA) for products sold for the...
Ghana Issues Maiden Dollar Bond On Local Market
The government last week trapped additional foreign exchange into its vault when it issued a United States dollar-denominated bond on the local market to raise a total of $94.64 million at a coupon...
Cedi To Sell At GHC4:1$ By End of 2016
The Ghana cedi is projected to sell at a higher amount in relation to other major currencies on the global interbank market, Groupe Nduom (GN) Research has predicted. According to the analyses by GN...
WAPCo Hints of Tariff Review With Ghana
The West African Gas Pipeline Company (WAPCo) has agreed to a possible tariff review in the future with the government of Ghana to enable reliable gas supply. The Minister of Petroleum, Emmanuel...
CEO of Obibini Blackman Warns Public On Fake Herbal Bitters
The Chief Executive Officer (CEO) of Obibini Blackman Company Dr. Kofi Aboagye Dompem, has cautioned Ghanaians to be wary of unlicensed herbal bitters on the market. According to him, such herbal...
DKM Creditors Receive Locked Up Cash From Today
At least 4000 creditors of DKM Microfinance are expected to be paid their locked up deposits today, as the Official Liquidator commences payments. According to the Official Liquidator, each of the...
Zenith Bank Ghana Not Affected By Nigeria’s Economic Woes
Zenith Bank says the current economic challenges facing Nigeria has not impacted on the Bank’s operations in Ghana. Zenith Bank Ghana is also confident of the company’s prospects in the country...
Oil Must Not Drown Agric Sector
Chief Executive Officer of the Institute of Certified Economists of Ghana (ICEG), Daniel Amateye Anim-Prempeh, has joined the call for government to pay attention to the agriculture sector, saying...
Rural Banks Urged To Fund Cash-Crop Cultivation
Dr. Ahmed Yakubu Alhassan, Deputy Minister of Food and Agriculture has urged the rural banks to release start-up funding for the country’s youth to enable them venture into the production of oil...
Role of Trade In Job Creation Comes Under Scrutiny
A team of international and local experts on labour last week subjected the impact of international trade on domestic job creation activities to critical scrutiny amid increasing agitations for...
GOPDC Introduces New Oil Palm Variety
The Ghana Oil Palm Development Company Limited (GOPDC) has introduced a variety of oil palm seedlings that can grow and yield fruits for over 50 year instead of the normal life-span of 25 years, the...
Social Enterprise Impacts Thousands In Ghana
A new research by the Social Enterprise Activity in Ghana has revealed that 98 social enterprises in Ghana currently employ 998 young people directly, impacting 103,148 lives in Ghana. This was...
Guinness Ltd Benefits From StanChart’s Vendor PrePay
Guinness Ghana Breweries Ltd (GGBL) is the first client to benefit from Standard Chartered’s ‘Vendor PrePay’ (“VPP”) product in Africa. It is an innovation aimed to promote local economic...
GSA Urges Public To Look Out For Quality Mark On Products
The Ghana Standards Authority (GSA) has advised the public to buy products based on their quality but not on how low or affordable the price is. This is to ensure that they get the best product that...
Ghana Issues Maiden Domestic Dollar Bond?
Government successfully issued a US Dollar denominated bond on the domestic bond market. ? ?The 2-year bond issued last Thursday was highly subscribed to an amount of $94.64 million at a coupon rate...
Ghana Cedi Is One of the Best Performing Currencies In Africa
President John Mahama has stated that the Ghana Cedi is currently one of the best performing currencies in Africa and the economy has become resilient contrary to the propaganda being peddled by the...
Cocoa Producer Price Adjusted
The Ghana Cocoa Board (COCOBOD) has reviewed, upwards, the producer price of cocoa, from GH¢6,720 per tonne, to GH¢7,520 for the 2016/2017 season. A statement issued in Accra, and copied to the...