McDan Group Picks 3 Top Awards
Shipping and Logistics giant, McDan Group of Companies has added yet a memento to its trophy collections. The established shipping and logistics firm picked three Awards in the prestigious Ghana...
Tag: Business_Finance
No Wrongdoing In Sale of Contaminated Fuel- Boakye Agyarko
The Minister for Energy, Boakye Agyarko, has refuted claims by the minority group in parliament that the BNI and National Security are covering up rot at the Bulk Oil Storage and Transportation...
BNI Covering Up BOST Over Sale of Contaminated Fuel – Minority
The Bureau of National Investigations (BNI) is being accused of a cover up in its investigations into the controversial sale of some five million litres of contaminated fuel by the Bulk Oil Storage...
Volkswagen Returns To Iran After 17 Years’ Absence
German car giant Volkswagen said Tuesday it was returning to the Iranian market for the first time in 17 years due to the lifting of economic sanctions. The company, maker of brands including VW,...
Supreme Court Throws Out Woyome Application Over Oral Examination
The Supreme Court has thrown out an application by Alfred Agbesi Woyome seeking to block the Attorney General from orally examining him on how he expended a judgment debt that was wrongfully paid him...
Implementation of 3% VAT Flat Rate: Prices Up By 20.5%
Prices on goods have gone up by about 20.5%, following the implementation of the 3% VAT Flat Rate which commenced on July 1; the General Secretary of the Food and Beverages Association of Ghana,...
Takoradi Port Revenue Increases After Expansion Works
The Takoradi Port in the Western Region has begun recording increase in revenue from traffic to the sea port after the expansion works on the port were completed. This was made known by the Public...
Fuel Prices To Drop By 2% In First Pricing Window In July
Prices of fuel are likely to see further drop in the first pricing window of July by about 2%. This is according to the Institute of Energy Security (IES). The Institute believes indicators such as...
86 Vehicles Secured Under Rawlings’ Regime Unused
A clear situation of governmental wastage is depicted at the Institute of Local Government Studies in Accra, where Citi News’ Duke Mensah Opoku, reports of 86 unused state vehicles which have been...
Textile Workers To Picket At Trades Ministry Over Fake Textile Importation
Textile workers are threatening to picket this week if government does not stop the influx of imported textiles. The Trades ministry had earlier promised a June 30 deadline to come out with...
EU, Japan Schedule Summit To Strike Trade Deal
The European Union and Japan will hold a summit Thursday in hopes of sealing broad agreement on a massive trade deal after four years of tough negotiations. The landmark deal would mark a big victory...
Indian Cinemas Shut In Tax Protest
More than 1,000 cinemas in the Indian state of Tamil Nadu have closed in protest at a hike in taxes after the government introduced a nationwide levy. Movie theatres in the southern state darkened...
Zoomlion Schools Students On Waste Management In Benin
Leading waste management company in Africa, Zoomlion Ghana Limited, was the toast of audience consisting of waste managers, non-governmental organisations and students among others who trooped to...
BoG Gives Authorization For GN Bank Mobile Money
The Bank of Ghana has given authorization to GN Bank to introduce mobile money to the public. The BOG authorization paves the way for the bank to introduce this unique service which combines mobile...
Under-Pressure Qatar Says To Boost Gas Production 30%
Energy-rich Qatar said on Tuesday it plans to increase natural gas production by 30 percent over the next several years, as it faces pressure from its neighbours in a diplomatic crisis. Saad Sherida...
GN Mobile Money Hits Market
Bank of Ghana (BoG) has given authorisation to GN Bank to introduce mobile money to the public. The BoG authorisation paves the way for the bank to introduce this unique service which combines mobile...
Fishing Industry Triples Agric Growth In 2017
Agric industry players are optimistic of a rebound in the growth of the sector for the rest of 2017. Their optimism is premised on the massive growth in agric subsector between the first quarter of...
Gov’t Broke As It Can’t Fund New Road Projects
Today can confirm that the barely seven-month old government of the ruling New Patriotic Party (NPP), led by President Nana Addo Dankwa Akufo-Addo, is cash-strapped. Contrary to the NPP’s campaign...
Enterprise Group Strikes Partnership With Leapfrong Financial
Enterprise Group, a Ghanaian insurance company has substituted Sanlam, its South African partner, with US-based Leapfrong Financial, in a transaction that will see its capitalisation rise more than...
US Dollar Rebounds While Global Stocks Post Gains
Rising oil prices and investor appetite for financial stocks helped boost most major US and European equities on Monday while the dollar rebounded on exchange markets ahead of the July 4 holiday in...