Business Archives - Page 5 of 57

May 20, 2025May 20, 2025

Railway Operations Unsustainable Without Private Sector Involvement – Railway Authority Boss

Dr. Frederick Appoh, Executive Director of the Ghana Railway Development Authority (GRDA), has emphasized the critical need for private sector participation in the country's railway operations, warning that continued reliance on government funding is unsustainable. Dr. Appoh highlighted that the root

May 20, 2025May 19, 2025

‘We Knew What We Were Doing’ – Bank of Ghana Responds as Cedi Gains 12% Against Dollar

The First Deputy Governor of the Bank of Ghana, Dr. Zakaria Mumuni, has defended the central bank’s recent monetary policy decisions, attributing the cedi’s strong performance in 2025 to deliberate and well-calibrated strategies. Dr. Mumuni highlighted the Ghanaian cedi’s appreciation of

May 17, 2025May 16, 2025

Ghana Urged to Leverage SML Innovation in Booming Revenue Assurance Industry

Ghana could become a major player in the fast-growing global revenue assurance market—projected to reach US$18.93 billion by 2034—if it scales and exports homegrown technologies like the Strategic Mobilisation Ghana Limited (SML) platform, according to Professor Douglas Boateng, a renowned expert

May 17, 2025May 16, 2025

Aviation Safety: AIB and Ghana Navy Discuss Strategic Partnership

In a move to reinforce Ghana’s aviation safety and emergency response systems, Acting Commissioner of the Aircraft Accident and Incident Investigation and Prevention Bureau (AIB), Mr. John M.K. Wumborti, paid a working visit to the Chief of the Naval Staff, Rear

May 16, 2025May 15, 2025

Ghana Faces Power Crisis as Fuel Reserves Dwindle to 2.6 Days

Ghana’s Ministry of Energy and Green Transition has issued an urgent appeal for GH₵1.1 billion in funding to secure liquid fuel for power generation, warning that current fuel reserves will last only 2.6 days. The ministry's call for immediate financial support

May 16, 2025May 15, 2025

Police, Road Safety Authority to Tighten Enforcement on Illegal Roadside Activity

The National Road Safety Authority (NRSA) has announced plans to meet with the newly appointed Inspector General of Police, Christian Tetteh Yohuno, to address the growing issue of street hawking and unauthorized roadside trading across the country. The decision comes in

May 16, 2025May 15, 2025

Ghana Moves Toward Energy Stability with Stakeholder Engagement

Finance Minister Dr. Cassiel Ato Forson has revealed that he, alongside Energy Minister Hon. John Abdulai Jinapor, held a candid and constructive meeting with key players in Ghana’s power sector to address long-standing challenges and explore sustainable energy solutions. The high-level

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