Business Archives - Page 5 of 55

April 16, 2025April 16, 2025

Julius Debrah Highlights Lack of Guidance as Key Reason for SME Failures in Ghana

Former Chief of Staff Julius Debrah has emphasized that a significant number of Small and Medium Enterprises (SMEs) in Ghana falter due to insufficient guidance and advisory support. Speaking on the hurdles faced by SMEs, Mr. Debrah pointed out that many

April 14, 2025April 14, 2025

Don’t Blame the IMF for Tariff Increases – Kofi Tonto Challenges Government Narrative

Kofi Tonto, a political aide to former Vice-President Dr. Mahamudu Bawumia, has criticized the current administration and the opposition National Democratic Congress (NDC) for allegedly misleading the public by attributing recent electricity tariff hikes to directives from the International Monetary Fund

April 12, 2025April 11, 2025

China Retaliates, Hikes Tariffs On US Goods To Match 125%

China has announced a significant increase in tariffs on goods imported from the United States, raising the rate to 125%. This follows a previous increase to 84% on Wednesday, April 9th, and now aligns China's tariffs with the current 125% levy

April 11, 2025April 11, 2025

ECG Was Financially Sound When I Left – Former MD Dubik Mahama

Former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has stated that the power distribution company was in a robust and healthy financial position when he stepped down from his leadership role. Reflecting on his time at

April 10, 2025April 10, 2025

Excessive Rent Hikes Demand National Dialogue – John Awuni

John Awuni, Chairman of the Food and Beverages Association of Ghana (FABAG), is calling for a national conversation on Ghana’s rising rent costs, which he describes as arbitrary and unjustified. Awuni voiced concern over the unregulated nature of rent increases across

April 8, 2025April 8, 2025

AGI Condemns ECG’s Cable Imports, Demands Enforcement of Local Content Laws

Here's a rewritten version of the article, focusing on clarity, conciseness, and the AGI's strong stance on ECG's cable imports: The Association of Ghana Industries (AGI) has raised serious concerns about the Electricity Company of Ghana's (ECG) reported large-scale importation of

April 4, 2025April 4, 2025

Ghanaian Exporters Face “Big Blow” From 10% US Tariff – Association

The Importers and Exporters Association of Ghana has described the newly imposed 10% tariff on imports by the United States as a significant setback for Ghanaian exporters. Samson Asaki Awingobit, the Executive Secretary of the Association, highlighted the detrimental impact the

April 3, 2025April 3, 2025

World Bank Reassures Ghana: No Project Suspensions Amid Economic Concerns

The World Bank has issued a firm statement today, April 3, 2025, refuting claims that any of its funded projects in Ghana have been suspended. This announcement aims to reassure stakeholders in Kumasi and across the nation amidst growing concerns about

April 3, 2025April 3, 2025

US Ambassador Reassures Ghana of Strong Partnership Amid Trade Changes

Despite recent shifts in U.S. trade policy, including a newly imposed 10% levy on Ghanaian exports, the United States Ambassador to Ghana, Virginia Palmer, has reiterated the enduring importance of the U.S.-Ghana relationship. Speaking to the media in Accra, Ambassador Palmer

April 3, 2025April 3, 2025

Dubik Mahama Expresses Shock and Disappointment Over Missing ECG Containers Report

Former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has voiced his shock and disappointment over the disappearance of over 1,300 ECG containers at the Tema Port. This incident has raised serious questions about the transparency and