Business Archives - Page 17 of 45

June 24, 2024June 24, 2024

Kumasi: New Terminal Building At Prempeh I Int’l Airport To Begin Operations July 1

The Ghana Airports Company Limited (GACL) has announced that the new Terminal building at Prempeh I International Airport, Kumasi will be operational on Monday, July 1, 2024. The GACL in a statement issued on Monday said it will in collaboration with

June 24, 2024June 24, 2024

Ghana’s 5G Rollout: MTN Not Excluded, According to Minister Ursula

Ghana's Minister of Communication and Digitalisation, Ursula Owusu-Ekuful, has cleared the air regarding MTN's involvement in the country's 5G plans. Concerns arose in May when the government announced a 5G rollout within six months, and MTN wasn't listed among the companies

June 24, 2024June 24, 2024

Cocoa Farmers Blame ‘Galamseyers’ Over Decline In Cocoa Production

Cocoa farmers in Segyimase in the Abuakwa South Municipality and Osino in the Fanteakwa South District of the Eastern Region have attributed the continuous indiscriminate illegal mining activities and forceful takeover of cocoa plantations by illegal miners popularly known as ‘galamseyers’

June 24, 2024June 24, 2024

GN Bank: Give Us Back Our Licence And Assets – Nduom To BoG

Dr Kwesi Nduom, the owner of the defunct GN Bank, has made a heartfelt plea to Dr Ernest Addison, the Governor of the Bank of Ghana (BoG), to pay attention to the new facts and reinstate his banking licence and restore

June 21, 2024June 21, 2024

WE DID NOT SAY THERE WOULD BE ‘DUMSOR’ FOR 3 WEEKS – DEPUTY ENERGY MINISTER CLARIFIES

Collins Adomako-Mensah, the Deputy Minister for Energy has clarified a joint statement issued by the Electricity Company of Ghana (ECG) and the Ghana Grid Company Limited (GRIDCo) warning Ghanaians of an interruption in the power supply, known as ‘dumsor’, due to

June 13, 2024June 13, 2024

DSTv Owner MultiChoice Goes Technically Insolvent

DStv owner MultiChoice has reported a staggering R4.1 billion [rands] loss for the year ending March 31, 2024 and has become technically insolvent. The South African pay television company said on Wednesday that it swung into a 706 million rand ($38

June 13, 2024June 13, 2024

May 2024 Inflation Declines Marginally To 23.1%

Inflation for the month of May 2024 declined marginally to 23.1% from the 25.0% recorded in April 2024. According to the Ghana Statistical Service, food inflation recorded a rate of 22.6%, the lowest since 13 months. Non-food inflation however shot up

June 12, 2024June 12, 2024

Ghana To Receive 3rd IMF Tranche By End of June

Director of Communication at the International Monetary Fund (IMF), Julie Kozack, has indicated that Ghana could receive the third tranche of $360 million by the end of this month. Ms Kozack, who gave the assurance at a meeting with the press

June 6, 2024June 6, 2024

Ghana Signs $2 Billion Agreement With South Korea To Support Development Goals

Ghana and South Korea's Economic Development Cooperation Fund (EDCF) have signed a $2 billion agreement to support Ghana's development goals. The deal was signed at the 2024 Korea-Africa Summit and will be used to support Ghana's priority programs in infrastructure, agriculture,

June 6, 2024June 6, 2024

Asantehene Got World Bank To Restore Two Major Educational Projects – NAPO

Energy Minister Dr. Matthew Opoku Prempeh has disclosed that Otumfuo’s timely intervention led the World Bank to reverse its decision to cancel two major educational projects when the New Patriotic Party (NPP) assumed power in 2017. According to Dr. Prempeh, who