Business Archives - Page 27 of 59

August 8, 2024August 8, 2024

Boankra Inland Port Project Progresses

The Boankra Inland Port Project, a state-of-the-art logistics terminal located in the Ejisu Municipality of the Ashanti Region, is rapidly approaching its completion date. With an investment of $330 million, this project is poised to revolutionize trade and economic growth in

August 8, 2024August 8, 2024

Govt Grew Economy By $20bn In 2023

The Akufo-Addo/Bawumia Administration has achieved significant economic success, with the Ghanaian economy growing by $20 billion as of December 2023. According to the Minister of Finance, Dr. Mohammed Amin Adam, this growth is a testament to the effective economic management and

August 8, 2024August 8, 2024

GRA Grants Amnesty To Uncustomed Vehicle Users

The Customs Division of the Ghana Revenue Authority (GRA) has announced a 2-month amnesty period for users of uncustomed vehicles, effective from August 1 to September 30, 2024. This opportunity allows individuals to regularize the documentation of their vehicles without facing

August 7, 2024August 7, 2024

MTN Ghana Sweeps Top Honours At 2024 Project Management Excellence Awards

MTN Ghana has received the overall Project Management (PM) Excellence Project of the Year Award at the prestigious 2024 Project Management Excellence Awards, held at Rock City in the Eastern Region. MTN Ghana took home an impressive number of awards as

August 7, 2024August 7, 2024

BoG Sanctions 47 Individuals, 245 Business Entities For Issuing Dud Cheques

The Bank of Ghana has sanctioned 47 individuals and 245 business entities for continuous issuance of dud cheques. The Central Bank notes that the affected bank customers issued dud cheques on at least three occasions between January 2022 and January 2024,

August 6, 2024August 6, 2024

Google’s Monopoly Of Online Searches Is Illegal – US Judge Rules

A US judge has ruled Google acted illegally to maintain a monopoly on online searches and related advertising. Google was sued by the Department of Justice in 2020 for its control of about 90% of the online search market. US District

August 5, 2024August 5, 2024

Ghana Under Seige Over Online Blackmailing

The Cyber Security Authority (CSA) has announced that over 254% of Online blackmail cases have soared in Ghana in the first two months of the year. According to the CSA, criminals increasingly use social media platforms such as Facebook, Instagram, Snapchat,

August 5, 2024August 5, 2024

Cocoa Farmers to Receive GH₵ 41,288,689 As Premium For 2023/24 Crop Season

The Ghana Cocoa Board in collaboration with its partners, Touton-SA and Eliho Ghana Limited, are set to distribute an amount of GH₵ 41,288,689 as payment of premiums to cocoa farmers for the year 2023/24 crop season. The amount is expected to

August 3, 2024August 3, 2024

There Is Low Risk Of Fiscal Slippages Ahead Of December Elections – Fitch

UK-based Fitch Ratings has stated that there is a low risk of policy slippage in the lead-up to the December 2024 elections in Ghana, given the government's strong commitment to the International Monetary Fund programme. However, it pointed out that there

August 2, 2024August 2, 2024

Fuel Prices Drop By 2%; Petrol Going For ₵14.2, Diesel ₵13.65 A litre

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products in line with expected adjustments at the pumps. Star Oil has taken the lead, selling a litre of petrol for ₵13.65 from its old price of ₵13.93. This represents