Business Archives - Page 15 of 41

May 30, 2024May 30, 2024

Ghana Gets Faster Internet: 5G Coming In Six Months!

Internet users in Ghana can now look forward to faster and more affordable mobile data as the government has announced plans to roll out the 5G network within the next six months. The Minister for Communications and Digitalisation, Ursula Owusu-Ekuful, made

May 30, 2024May 30, 2024

Local Manufacturers Protest 5% Tax On Plastic Products

Local Manufacturers in the country have kicked against the imposition of a 5% excise tax on locally produced plastic products. They say the tax if not suspended will adversely affect the business community and compound the living conditions of the everyday

May 30, 2024May 30, 2024

Road Contractors Deny Receiving GHc 49Bn From Government

Association of Contractors have challenged the government to disclose the names of contractors it claims to have paid GH¢49 billion. During a press briefing on Friday, May 24, the Minister of Finance, Dr Mohammed Amin Adam, announced that the government had

May 28, 2024May 28, 2024

PIAC Advocates For Business-Friendly Reforms to Attract Investors

The Public Interest and Accountability Committee (PIAC) is calling on the government to implement measures to improve the investment climate in the country. PIAC, which oversees the management and use of petroleum revenues, believes that enhancing the investment climate is crucial

May 24, 2024May 24, 2024

A/R Minister Inspects Progress Of Boankra Integrated Logistics Terminal

The Ashanti Regional Minister, Simon Osei Mensah, has visited the Boankra Integrated Logistics Terminal (BILT) to inspect the progress of the ongoing construction. This project, owned by the Ghana Shippers’ Authority (GSA), with the support of the Ghana Ports and Harbours

May 22, 2024May 22, 2024

Tanker Drivers Declare Indefinite Strike Over Poor Conditions Of Service

Members of the Ghana National Petroleum Tanker Drivers Union have declared an indefinite sit-down strike demanding improved conditions of service. According to the drivers, an agreed-upon policy framework aimed at enhancing their salaries and other working conditions has been on the

May 22, 2024May 22, 2024

Prepare To Pay More For Petroleum Products At Pumps Due To Cedi Depreciation – COPEC

The Chamber of Petroleum Consumers (COPEC) has warned the public to prepare to pay more for fuel at the pumps in the coming weeks due to the depreciation of the cedi. The warning is coming after some oil marketing companies started

May 21, 2024May 21, 2024

Don’t Play ‘Chaskele’ With Pension Funds; Stop Sale Of Hotels To Bryan Acheampong – TUC Warns

The Trade Union Congress (TUC) has issued a stern warning to the Social Security and National Insurance Trust (SSNIT) to halt the reported sale of 60% of its stake in four hotels to MP and Minister for Agriculture Bryan Acheampong's Rock

May 20, 2024May 20, 2024

BoG Dismisses Claims Of Profiteering From High Interest Rates

The Bank of Ghana has categorically denied allegations that it deliberately maintains high Monetary Policy rates to generate profits. BoG’s clarification comes amid concerns from some quarters that the high interest rates are detrimental to the economic growth and profitability of

May 18, 2024May 18, 2024

Minority Rejects Govt’s Call To Halt Cement Price Hikes

The Minority in Parliament has dismissed the government’s directive to halt the increase in the prices of cement, calling it an unrealistic and unlawful move. This comes after the Minister for Trade and Industry, K.T. Hammond, instructed cement manufacturers to halt