Business Archives - Page 2 of 51

April 11, 2025April 11, 2025

ECG Was Financially Sound When I Left – Former MD Dubik Mahama

Former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has stated that the power distribution company was in a robust and healthy financial position when he stepped down from his leadership role. Reflecting on his time at

April 10, 2025April 10, 2025

Excessive Rent Hikes Demand National Dialogue – John Awuni

John Awuni, Chairman of the Food and Beverages Association of Ghana (FABAG), is calling for a national conversation on Ghana’s rising rent costs, which he describes as arbitrary and unjustified. Awuni voiced concern over the unregulated nature of rent increases across

April 8, 2025April 8, 2025

AGI Condemns ECG’s Cable Imports, Demands Enforcement of Local Content Laws

Here's a rewritten version of the article, focusing on clarity, conciseness, and the AGI's strong stance on ECG's cable imports: The Association of Ghana Industries (AGI) has raised serious concerns about the Electricity Company of Ghana's (ECG) reported large-scale importation of

April 4, 2025April 4, 2025

Ghanaian Exporters Face “Big Blow” From 10% US Tariff – Association

The Importers and Exporters Association of Ghana has described the newly imposed 10% tariff on imports by the United States as a significant setback for Ghanaian exporters. Samson Asaki Awingobit, the Executive Secretary of the Association, highlighted the detrimental impact the

April 3, 2025April 3, 2025

World Bank Reassures Ghana: No Project Suspensions Amid Economic Concerns

The World Bank has issued a firm statement today, April 3, 2025, refuting claims that any of its funded projects in Ghana have been suspended. This announcement aims to reassure stakeholders in Kumasi and across the nation amidst growing concerns about

April 3, 2025April 3, 2025

US Ambassador Reassures Ghana of Strong Partnership Amid Trade Changes

Despite recent shifts in U.S. trade policy, including a newly imposed 10% levy on Ghanaian exports, the United States Ambassador to Ghana, Virginia Palmer, has reiterated the enduring importance of the U.S.-Ghana relationship. Speaking to the media in Accra, Ambassador Palmer

April 3, 2025April 3, 2025

Dubik Mahama Expresses Shock and Disappointment Over Missing ECG Containers Report

Former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has voiced his shock and disappointment over the disappearance of over 1,300 ECG containers at the Tema Port. This incident has raised serious questions about the transparency and

April 1, 2025April 1, 2025

Nitiwul Calls for Inquiry into Tema Port Security After ECG Container Disappearance

Former Defence Minister Dominic Nitiwul has raised serious concerns about the security architecture at the Tema Port, following the disappearance of over 1,300 ECG containers filled with electrical equipment. An investigative report revealed that out of 2,491 uncleared ECG containers at

March 28, 2025March 28, 2025

Reports of Account Freeze Are False, Says Ghana Revenue Authority

The Ghana Revenue Authority (GRA) has refuted reports that it has frozen the bank accounts of Richard Nii Armah Quaye, founder of Bills Micro Credit Ltd. In a press statement released on Thursday, March 27, 2025, the GRA clarified that while

March 28, 2025March 27, 2025

40 Missing ECG Containers Located in Warehouse Owned by Indian National – Energy Minister

The Minister for Energy and Green Transition, John Abdulai Jinapor, has announced that 40 of the missing Electricity Company of Ghana (ECG) containers have been found at a warehouse owned by an Indian national in Kpone, near Tema. In an interview