Business Archives - Page 2 of 55

May 21, 2025May 20, 2025

Mahama Attributes Cedi’s Rise to Strong Reserves

President John Dramani Mahama has attributed the recent appreciation of the Ghanaian Cedi to strong foreign exchange inflows and targeted policy measures aimed at stabilizing the economy. According to the President, the improved performance of the local currency is largely due

May 21, 2025May 20, 2025

Gamey Urges Employers to Link Pay to Productivity

Labour consultant and Chief Executive Officer of Gamey and Gamey, Austin Gamey, has urged employers to align their pay policies with employee productivity to ensure satisfaction. Speaking at a labour law forum in Accra organized by The Business Executive, Gamey stated,

May 20, 2025May 20, 2025

Dr. Bawumia Credits Gold Programs for Economic Stability

Former Vice President of Ghana, Dr Mahamudu Bawumia, has asserted that Ghana’s economy was saved from collapse by the Gold-for-Oil and gold purchase programs implemented during his tenure under the previous Akufo-Addo administration. During a recent interaction with the Young Executive

May 20, 2025May 20, 2025

Railway Operations Unsustainable Without Private Sector Involvement – Railway Authority Boss

Dr. Frederick Appoh, Executive Director of the Ghana Railway Development Authority (GRDA), has emphasized the critical need for private sector participation in the country's railway operations, warning that continued reliance on government funding is unsustainable. Dr. Appoh highlighted that the root

May 20, 2025May 19, 2025

‘We Knew What We Were Doing’ – Bank of Ghana Responds as Cedi Gains 12% Against Dollar

The First Deputy Governor of the Bank of Ghana, Dr. Zakaria Mumuni, has defended the central bank’s recent monetary policy decisions, attributing the cedi’s strong performance in 2025 to deliberate and well-calibrated strategies. Dr. Mumuni highlighted the Ghanaian cedi’s appreciation of

May 17, 2025May 16, 2025

Ghana Urged to Leverage SML Innovation in Booming Revenue Assurance Industry

Ghana could become a major player in the fast-growing global revenue assurance market—projected to reach US$18.93 billion by 2034—if it scales and exports homegrown technologies like the Strategic Mobilisation Ghana Limited (SML) platform, according to Professor Douglas Boateng, a renowned expert

May 17, 2025May 16, 2025

Aviation Safety: AIB and Ghana Navy Discuss Strategic Partnership

In a move to reinforce Ghana’s aviation safety and emergency response systems, Acting Commissioner of the Aircraft Accident and Incident Investigation and Prevention Bureau (AIB), Mr. John M.K. Wumborti, paid a working visit to the Chief of the Naval Staff, Rear

May 16, 2025May 15, 2025

Ghana Faces Power Crisis as Fuel Reserves Dwindle to 2.6 Days

Ghana’s Ministry of Energy and Green Transition has issued an urgent appeal for GH₵1.1 billion in funding to secure liquid fuel for power generation, warning that current fuel reserves will last only 2.6 days. The ministry's call for immediate financial support

May 16, 2025May 15, 2025

Police, Road Safety Authority to Tighten Enforcement on Illegal Roadside Activity

The National Road Safety Authority (NRSA) has announced plans to meet with the newly appointed Inspector General of Police, Christian Tetteh Yohuno, to address the growing issue of street hawking and unauthorized roadside trading across the country. The decision comes in

May 16, 2025May 15, 2025

Ghana Moves Toward Energy Stability with Stakeholder Engagement

Finance Minister Dr. Cassiel Ato Forson has revealed that he, alongside Energy Minister Hon. John Abdulai Jinapor, held a candid and constructive meeting with key players in Ghana’s power sector to address long-standing challenges and explore sustainable energy solutions. The high-level