Key US Inflation Measure Declines In May
The Federal Reserve's preferred measure of inflation retreated in May, casting further doubt on the chances for another interest rates increase this year, according to Commerce Department data...
Tag: Business_Finance
Energy Ministry Inaugurates Ministerial Advisory Board
The Ministry of Energy has inaugurated a 10-member ministerial advisory which will assist the ministry on matters related to energy use in the country. The ceremony which took place in Ada in the...
GOtv Ghana Slashes Decoder Prices To GhS 99
GOtv Ghana Limited announced a massive 50% reduction in prices for its decoders. Speaking at a press briefing in Accra, Kingsley Afful, General Manager, GOtv Ghana, said “GOtv’ s mission is to...
Workshop On Economic Integration Ends In Accra
A two- day regional course on Financial and Economic Issues by West Africa Institute for Financial and Economic Management (WAIFEM) in-collaboration with the African Capacity Building Foundation...
Resistance Against BOST CEO’S Interdiction “ridiculous”
Employees of the Bulk Oil Storage and Transportation (BOST) have shown bad faith by resisting calls for the CEO’s interdiction over the contaminated fuel saga, Executive Director of the Chamber of...
Quantum Oil Case Against IFC To Be Heard In Ghana
An Accra High Court has dismissed a stay application by the International Finance Corporation (IFC) and the OPEC Fund to have suit brought against them by Quantum Oil moved to London for arbitration....
Ghana Ranks High In Investor Confidence Report
The US-Africa Business Centre has released its maiden Investor Confidence Indicator for Africa (ICIFA) in Washington, ranking Ghana among the best countries in Africa in terms of convenience of doing...
Indian Opposition To Boycott Tax Launch
Indian opposition vowed Friday to boycott the launch of the government's new national tax, adding to the strain ahead of the country's biggest ever fiscal reform. Businesses are bracing for upheaval...
Govt To Employ More PWDs To Man Toll Booths
Vice President Mahamudu Bawumia has said the Akufo-Addo-led government will implement the Disability Act, Act 715, to assist Persons with Disability (PWDs). According to him, the act will ensure that...
Gov’t Debt Killing My Business
Ghanaian poet and playwright, Chief Moomen, has said he is facing the most difficult times of his career as government’s huge indebtedness to his company has put it on a verge of collapse. The...
Buying Pre-Registered SIM Cards Fraudulent
Corporate Service Executive at MTN Ghana, Cynthia Lumor, has warned that it is fraudulent to buy already registered mobile SIM cards. She noted that sales agents that are registering SIM cards before...
I Didn’t Sell Forest Land For Bauxite Mining
A former Minister of Lands and Natural Resources, Nii Osah Mills, has sought to clarify reports that he leased 58 percent of Ghana’s bauxite concession in a forest reserve area to Ibrahim...
Could Apple’s Next Big Thing Be A Car?
Is an Apple Car about to hit the road? The California technology colossus behind the iPhone has confirmed its interest in self-driving cars, but experts are trying to deduce the secretive company's...
Nike To Sell Limited Number of Items On Amazon
Nike reached an agreement to sell a limited number of items directly on Amazon, executives said Thursday, in a sign of the growing importance of the e-commerce platform. Nike executives described the...
US, European Stocks Tumble; Euro Hits 13-Month High
US and European stocks tumbled Thursday amid unease over hawkish commentary from central banks, while the euro rose to its highest level in more than a year against the dollar. The single currency...
US Treasury Sanctions Chinese Bank For Illegal N.Korea Activity
The US Treasury Department on Thursday slapped sanctions on a Chinese bank over illicit activities in North Korea, including facilitating the production of weapons of mass destruction. Bank of...
Not Lovin It! McDonald’s Shuts 41 of Its 55 Delhi Restaurants
McDonald's India said on Thursday that it has temporarily closed 41 restaurants in Delhi due to expired licenses in a major blow to the brand's ambitions in the fast-growing Indian market. The...
The Fastest Way To Buy, Sell and Get Jobs In Ghana
Tonaton is a local online shopping place based in Ghana. It is a classified e-commerce website that runs adverts for a wide variety of products; providing trading opportunities for both buyers and...
Kenya Delays Early Oil Export By Three Months
Kenya has delayed plans to export its first oil in June by three months to better negotiate revenue sharing with the local community, the country's energy minister said Thursday. The announcement...
Nigeria Begins Yam Exports To Europe, US
Nigeria on Thursday began to export yams to Europe and the United States, as part of moves to diversify its oil-dependent economy and earn much-needed foreign exchange. Agriculture minister Audu...