Business Archives - Page 9 of 51

January 9, 2025January 9, 2025

Beware of Fake FDA Calls! Public Alert Issued for Food Businesses

The Food and Drugs Authority (FDA) is warning food service establishments, including restaurants and vendors, about a recent phone scam. Here's what you need to know: Scammers are impersonating FDA officers and claiming to investigate food poisoning incidents. Their goal is

January 9, 2025January 9, 2025

WAPCo Postpones Pipeline Maintenance To Avert Power Crisis In Ghana

The West African Gas Pipeline Company (WAPCo) has agreed to postpone its scheduled pipeline maintenance for two weeks, averting a potential power crisis in Ghana. The decision follows concerns raised by the Ghana Grid Company (GRIDCo) about the impact of the

January 9, 2025January 9, 2025

Mahama Suggests Privatization of ECG to Address Power Distribution Challenges

President John Dramani Mahama has raised the possibility of privatizing the Electricity Company of Ghana (ECG) as part of a comprehensive strategy to tackle inefficiencies in the country’s power distribution system. During a meeting with a World Bank delegation on January

January 9, 2025January 9, 2025

Keta Paramount Chief Expresses Disappointment Over Delayed Port Project, Urges New Leadership to Prioritize Completion

The Paramount Chief of Keta, Togbui James Ocloo V, has expressed frustration over the lack of progress on the Keta Port project, which was initially promised by former President Nana Addo Dankwa Akufo-Addo. Despite the commencement of the project in 2019

January 8, 2025January 8, 2025

Ghana Faces Looming Power Crisis, $90 Million Needed to Prevent Outages

The Ghana Grid Company (GRIDCo) has issued a warning, stating that an immediate injection of $90 million is necessary to prevent a looming power crisis in the country. The urgent funding is required to purchase liquid fuel for thermal power plants,

January 8, 2025January 8, 2025

Mahama Calls Emergency Meeting to Address Looming Energy Crisis

Former President directs Chief of Staff and power sector leaders to stabilize electricity supply amid fuel shortages. John Abdulai Jinapor, former Deputy Minister for Energy and Member of Parliament for Yapei-Kusawgu, has announced that President John Dramani Mahama has called for

January 8, 2025January 8, 2025

President Mahama: “Our Policies Will Drive Private Sector Growth and Youth Empowerment”

President John Dramani Mahama has reaffirmed his commitment to advancing policies that will stimulate the growth of the private sector and drive economic development in Ghana. In his speech following his swearing-in as the sixth President of Ghana’s Fourth Republic at

January 8, 2025January 8, 2025

IES Warns of Impending Power Crisis, Urges Immediate Action from Mahama Administration

The Institute for Energy Security (IES) has raised alarm over an impending power crisis, warning that Ghana may soon experience widespread blackouts, known as "dumsor," unless urgent measures are taken by the newly inaugurated government under President John Dramani Mahama. The

January 3, 2025January 3, 2025

Tullow Oil Wins $320 Million Tax Dispute Against Ghana

Tullow Oil PLC has secured a significant victory in its ongoing tax dispute with the Ghana Revenue Authority (GRA). An International Chamber of Commerce (ICC) Tribunal has ruled that the Branch Profit Remittance Tax (BPRT) does not apply to Tullow Ghana's

December 31, 2024December 31, 2024

Terminal Shutdown Poses Threat to Ghana’s Tourism Aspirations – McDan Aviation CEO

McDan Aviation CEO Warns of Economic and Reputational Fallout from Private Jet Terminal Closure The recent closure of McDan Aviation’s private jet terminal at Kotoka International Airport, prompted by a $3 million debt, has raised serious concerns about its potential impact