Business Archives - Page 2 of 47

February 4, 2025February 4, 2025

COPEC Calls for Immediate Government Action as Fuel Prices Surge

Accra, Ghana – The Chamber of Petroleum Consumers (COPEC) is urging the Ghanaian government to take swift action to address the ongoing surge in fuel prices. Following the third consecutive price increase this year, consumers are facing significant financial burdens. Shell

February 4, 2025February 4, 2025

Ken Ashigbey: Previous SIM Card Registration Was Incomplete, Not Useless

Dr. Kenneth Ashigbey, the Chief Executive Officer of the Ghana Chamber of Telecommunications, has clarified that the previous SIM card registration exercise was not a failure but rather incomplete. His comments come in response to the Minister-Designate for Communications, Digital Technology,

February 3, 2025February 3, 2025

Trump Pushes the Limits of Trade Law with New Tariffs on Canada, Mexico, and China

President Donald Trump has entered uncharted legal territory by invoking a 1977 emergency sanctions law to justify imposing tariffs on imports from Canada, Mexico, and China. The tariffs—a 25% duty on Canadian and Mexican goods and an additional 10% on Chinese

January 31, 2025January 31, 2025

Environment Minister-Designate Calls for Consensus on Plastic Bag Ban

Accra, Ghana – Murtala Muhammed, Minister-designate for Environment, Science and Technology, has stated that an outright ban on plastic bag importation is not a feasible solution for Ghana at this time. He emphasized the need for broad consensus and the development

January 29, 2025January 29, 2025

WAPCo Begins Preparations for 28-Day Maintenance Shutdown

Takoradi, Ghana – The West African Gas Pipeline Company Limited (WAPCo) has initiated preparatory work for its mandatory 28-day maintenance shutdown. In an interview, WAPCo's Takoradi Regulatory and Metering Station at the Aboadze Thermal plant on Wednesday, January 29, 2025, where

January 29, 2025January 29, 2025

Agyekum Prioritizes Women’s Bank Establishment if Confirmed

Accra, Ghana – Emmanuel Kwadwo Agyekum, Minister of State-Designate for Special Initiatives, has reaffirmed his commitment to prioritizing the establishment of the Women's Bank if his nomination is approved. During his vetting by Parliament's Appointments Committee, Mr. Agyekum emphasized the importance

January 24, 2025January 24, 2025

John Jinapor Denies Plans to Sell ECG, Emphasizes Private Sector Involvement

Energy and Green Transition Minister, John Jinapor, has firmly rejected claims that the government plans to sell the Electricity Company of Ghana (ECG). Addressing the matter during the inauguration of a seven-member technical committee, Mr. Jinapor clarified that the government's objective

January 22, 2025January 22, 2025

Ofosu-Adjare Vows to Revitalize Komenda Sugar Factory to Reduce Sugar Imports

Elizabeth Ofosu-Adjare, Minister-Designate for Trade, Agribusiness, and Industry, has emphasized the critical need to revitalize the Komenda Sugar Factory to reduce Ghana's reliance on sugar imports. During her vetting by the Parliamentary Appointments Committee, Ms. Ofosu-Adjare acknowledged that the factory has

January 22, 2025January 22, 2025

New PMMC MD to Spearhead Establishment of Ghana Gold Board

Accra, Ghana - Sammy Gyamfi, the National Communications Officer of the National Democratic Congress (NDC), has been appointed Acting Managing Director of the Precious Minerals Marketing Company (PMMC). This appointment marks a crucial step towards the government's goal of establishing the

January 21, 2025January 21, 2025

Ghana’s Cocoa Production Plummets to 20-Year Low, Debt Concerns Emerge

Minister-Designate for Food and Agriculture, Eric Opoku, has revealed a significant decline in Ghana's cocoa production, marking its lowest level in two decades. During his vetting by Parliament's Appointments Committee, Opoku cited recent data from the Ghana Cocoa Board (COCOBOD), indicating