Business Archives - Page 2 of 26

May 14, 2024May 14, 2024

Dollarisation Of Ghana’s Economy Not Solution To Cedi Depreciation – ASEPA

The Alliance for Social Equity and Public Accountability (ASEPA) has disagreed with suggestions by Dr John Kwabena Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), to adopt the dollar as Ghana’s currency to stabilise the country’s economy.

May 10, 2024May 10, 2024

NPA Cracks Down on Pump Tampering: Report Suspected Cheating at Gas Stations

The National Petroleum Authority (NPA) has urged motorists to immediately report fuel stations suspected of cheating to the Authority. The Consumer Services Manager of NPA, Mrs. Eunice Budu Nyarko, who made the call, said that when complaints are made within 48

May 9, 2024May 9, 2024

INFLATION RATE FOR APRIL DROPS TO 25%

Inflation rate for April 2024 drops to 25.0%, representing a 0.8 percentage point decrease from March’s inflation rate of 25.8%.According to the Ghana Statistical Service (GSS), food inflation recorded 26.8% and non-food inflation saw a decrease from 29.6% to 26.8% for

May 9, 2024May 9, 2024

REPORTS OF EXIT FROM GHANA DIDN’T COME FROM US – SOCIÉTÉ GÉNÉRALE

French Bank Société Générale has dismissed rumours suggesting its withdrawal from the Ghanaian banking sector, describing them as baseless speculation. The bank clarified that it is restructuring its operations to better align with international market dynamics. Addressing concerns raised by shareholders

May 6, 2024May 6, 2024

Otumfuo’s Stamp Unveiled

Sublime looking commemorative stamps of Otumfuo Osei Tutu II, the Asantehene, which is to honour the Ashanti King for his extraordinary leadership and unique contributions to the country’s growth in the last 25 years, has been unveiled at the Manhyia Palace

May 3, 2024May 3, 2024

Govt To Commission Kumasi International Airport May 10

Expectations are high as government is set to commission the Kumasi Airport, now Nana Agyemang Prempeh I International Airport on May 10, 2024. President Akufo-Addo will join the Asantehene, Otumfuo Osei Tutu II, the Minister of Transport Kwaku Ofori Asiamah and

April 29, 2024April 29, 2024

NCA Pushes For Progress And Consumer Protection In Ghana’s Telecom Industry

The Board Chairman of the National Communications Authority (NCA), Okatakyie Ababio Boakye Danquah II, has urgedstakeholders in the telecommunications industry to embrace continuous development within the electronic communications sector. Addressing a gathering at the University of Development Studies (UDS) Multipurpose Auditoriumn in Tamale, the NCA board chairman emphasized the critical

April 29, 2024April 29, 2024

Power Outages Affecting Our Businesses; Release Dumsor Timetable – GUTA

The Ghana Union of Traders’ Associations (GUTA) has joined calls for the Electricity Company of Ghana (ECG) to release a load-shedding timetable, as the ongoing power interruptions are negatively affecting businesses and livelihoods across the country. In a statement, GUTA highlighted

April 26, 2024April 26, 2024

MTN Ghana Foundation Empowers Micro, Small And Medium Enterprises With GHC 1 Million Seed Funding

In a significant milestone for micro, small, and medium enterprises (MSMEs) in Ghana, 140 beneficiaries have completed training under the inaugural edition of the MTN Ghana Foundation’s Enterprise Support Program. The 140 MSME owners also received a capital injection of up

April 26, 2024April 26, 2024

€16m Solar Power Plant Opens In Ghana’s Upper West Region

President Nana Akufo-Addo has inaugurated a €16million 15-megawatt (MW) phase II solar power project, with GH¢30million in counterpart funding by the Volta River Authority (VRA), in Kaleo, Nadowli Kaleo District of the Upper West Region. The investment aims to improve the

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