Business Archives - Page 14 of 55

December 12, 2024December 12, 2024

Ghana’s Economy Shows Strong Growth In Q3 2024

Ghana's economy continued its upward trajectory in the third quarter of 2024, posting a robust 7.2% year-on-year growth. This marks a significant increase from the 6.9% growth recorded in the second quarter. The services sector remained the largest contributor to

December 7, 2024December 7, 2024

Election: Bus Shortages and Security Checks Disrupt Travelers Before Polls

Many travelers are making their way to their constituencies to cast their ballots but not without transportation hindrance. The holiday rush has compounded the issue, leading to overcrowded bus terminals nationwide. However, the situation has been particularly difficult at certain stations.

December 5, 2024December 5, 2024

Kejetia Market Won’t Be Closed on December 7 – Mayor Sam Pyne

The Mayor of the Kumasi Metropolitan Assembly (KMA), Samuel Pyne, has refuted claims that the New Kejetia Market will be closed on Saturday, December 7, to force traders to participate in the general elections. The allegations, reportedly spread by some disgruntled

December 5, 2024December 5, 2024

Fuel Prices Surge Again In Ghana

Ghanaian consumers are facing another round of fuel price hikes. Despite earlier projections suggesting a potential decrease, several oil marketing companies have increased prices at the pump. TotalEnergies has joined Shell in implementing the new pricing. A liter of petrol is

December 4, 2024December 4, 2024

Parliamentary Standoff Delays $300m World Bank Funding For Ghana

The Ghanaian government has acknowledged that the ongoing parliamentary impasse has caused a delay in the disbursement of $300 million in World Bank funding. This funding, part of a broader financial support package from the World Bank, was intended to help

November 29, 2024November 29, 2024

Bawumia’s Presidency Will Establish SME Bank To Support Small Businesses – Napo

Dr. Matthew Opoku Prempeh, the Vice Presidential candidate for the New Patriotic Party (NPP), has announced that the NPP will establish a dedicated bank to support Small and Medium-sized Enterprises (SMEs) if Dr. Mahamudu Bawumia wins the presidency on December 7.

November 29, 2024November 29, 2024

Direct Flights From London To Kumasi To Begin December 3

The Ghana Airports Company Limited (GACL), in collaboration with Ethiopian Airlines, has announced the launch of direct flights from London Gatwick Airport to Kumasi's Prempeh I International Airport (PIA). A press release issued on November 28 confirmed that the new service

November 23, 2024November 23, 2024

Ghana Ranked 7th in World Bank Funding

Ghana has been ranked 7th globally as one of the largest recipients of funding from the World Bank, having received a total of US$11.2 billion from the International Development Association (IDA) between 1961 and 2024. The top three countries benefiting the

November 21, 2024November 21, 2024

Alan Kyerematen Lauded In Western North Region For Proposed Traders Bank

Alan Kwadwo Kyerematen, the founder of the Movement for Change and presidential candidate of the Afrafranto Alliance, has received enthusiastic support in the Western North Region for his plan to establish a Traders Bank aimed at bolstering private businesses and revitalizing

November 20, 2024November 20, 2024

Akufo-Addo Inaugurates New Bank of Ghana Headquarters

On Wednesday, November 20, 2024, President Nana Addo Dankwa Akufo-Addo inaugurated the new headquarters of the Bank of Ghana (BoG) in Accra, marking a significant milestone in the country’s efforts to modernize its financial infrastructure. The inauguration ceremony was attended by