Business Archives - Page 3 of 55

May 14, 2025May 13, 2025

Effia MP: NPP Laid the Groundwork for Cedi’s Recent Gains

Isaac Boamah-Nyarko, Member of Parliament for Effia, has asserted that the recent appreciation of the Ghanaian cedi is largely due to the economic groundwork laid by the previous New Patriotic Party (NPP) administration. Boamah-Nyarko rejected suggestions that the current government alone

May 13, 2025May 13, 2025

Former NSB Boss Adu-Boahene Rearrested Amid Ongoing Investigations

Kwabena Adu-Boahene, the former head of the National Signals Bureau (NSB), has been rearrested shortly after completing a seven-day court-ordered remand linked to a previous charge. He remains in police custody as investigations deepen into multiple allegations. Adu-Boahene was initially remanded

May 8, 2025May 7, 2025

Ghana Launches National Airline Taskforce

In a significant step towards revitalizing Ghana's aviation industry, the Minister of Transport, Joseph Bukari Nikpe, has officially inaugurated a 10-member task force tasked with developing a comprehensive plan for the establishment of a new national airline. This initiative is geared

May 6, 2025May 6, 2025

Patrick Boamah Calls for Sustained Action to Secure Cedi Gains Amid IMF Boost

Patrick Yaw Boamah, Member of Parliament for Okaikwei Central, has urged the Ghanaian government to implement decisive and sustained actions to solidify the recent gains in the cedi's performance against the US dollar. He cautioned that the current stability may be

May 4, 2025May 3, 2025

Torkornoo’s Suspension Follows Constitutional Process – Osae-Kwapong

Dr John Osae-Kwapong, a research fellow at the Ghana Centre for Democratic Development (CDD-Ghana), has weighed in on the ongoing controversy surrounding the suspension of Chief Justice Gertrude Torkornoo, stating that the current developments are in line with constitutional provisions.Ghanaian fashion

May 4, 2025May 3, 2025

MTN Ghana Races To Localize MoMo Arm Ahead Of Regulatory Deadline

MTN Ghana is moving swiftly to restructure its mobile money business to comply with a key regulatory requirement imposed by the Bank of Ghana. Under the Payment Systems and Services Act, companies operating as dedicated electronic money issuers are required to

May 2, 2025May 2, 2025

President Mahama Rejects ECG Privatization, Advocates for Public-Private Partnerships in Power Sector Reform

President John Dramani Mahama has firmly dismissed the possibility of privatizing the Electricity Company of Ghana (ECG), instead pledging to pursue strategic public-private partnerships (PPPs) aimed at improving efficiency within the country's electricity distribution system. During the 2025 May Day

May 1, 2025May 1, 2025

Ghana To Complete IMF Program On Schedule – Mahama

Former President John Dramani Mahama expressed confidence that Ghana will complete its $3 billion International Monetary Fund (IMF) Extended Credit Facility (ECF) program on schedule, without needing an extension beyond April 2026. Speaking at a reflection session with business leaders after

April 30, 2025April 30, 2025

Mahama: 60% of Adwumawura Jobs Reserved for Women, Youth, PWDs, and Vulnerable Groups

President John Dramani Mahama has announced that at least 60% of beneficiaries under the newly launched Adwumawura Programme will be drawn from vulnerable groups, including women, persons with disabilities (PWDs), unemployed youth, school dropouts, and individuals from conflict-affected areas. Speaking at

April 29, 2025April 29, 2025

MTN Group Reports Cybersecurity Incident, Assures Customers of Uninterrupted Service

MTN Group, a prominent telecommunications provider with a significant presence in Ghana, has confirmed that it has experienced a cybersecurity incident. Despite this occurrence, the company has assured its extensive customer base that its platforms remain fully operational, and it is