Home Business

Business

Banking, Finance and Investment

Some analysts have suggested that the Monetary Policy Committee (MPC) of the Bank of Ghana could keep its rate at least until May this year – 2018. According to the Africa strategist at Absa Capital, Ridle Markus, the decision to maintain the rate runs contrary to their expectation for 100...
Ghana Independent Broadcasters Association (GIBA) has denied a media publication that it was among other stakeholders who had supported the directive on the advertisement of alcoholic beverages and it signed a communiqué to pledge their unflinching support to the directive. The Food and Drugs Authority (FDA) effective 1st January 2018,...
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says close co-operation between Ghana and the world's largest publicly traded international oil and gas company, Exxon Mobil, will be instrumental in developing Ghana’s oil and gas industry. In welcoming officials of Exxon Mobil to the Flagstaff House, on Thursday, 18th...
President Nana Akufo-Addo says all statutory debt accrued under the Mahama administration has been paid. He said in his government’s bid to improve the microeconomic fundamentals, debts owed contractors and other people who have done work for the state are being paid. Speaking at a media encounter at the Flagstaff House...
President Nana Akufo-Addo has said his government saved GHS145million in 2017 by being strict on sole-sourcing.According to him, the John Mahama government made zero savings in that regard since sole-sourcing of contracts became the norm rather than the exception during that administration.Speaking at his second encounter with the media...
British Airways had to ground a jet after the cabin crew refused to fly on it due to a bedbug infestation. They walked out minutes before take-off and were beyond their working hours when a replacement plane was found. The flight to Ghana eventually left Heathrow four hours late. It is the...
Transport fares are likely to go up by the close of this week, that’s coming from the Ghana private roads transport union. Earlier this month, the Ghana Private Road Transport Union (GPRTU) announced a possible increase in fares due to increment in the prices of spare parts. The Abossey Okai Spare...
Vice President Dr. Mahamudu Bawumia, is highly optimistic Ghanaians will feel the real transformation in their lives from this year as the government rolls out a number of programmes to boost the economy. Opening the 69th edition of the Annual New Year School at the University of Ghana on Monday, January...
The Institute for Energy Security (IES) has predicted an upward adjustment in fuel prices by five per cent (5%)in the second pricing window of the month of January 2018.A statement issued by IES’s Principal Research Analyst, Richmond Rockson on Sunday, January 15, 2018, said:“The prices of Gasoline and Gasoil,...
President Nana Addo Dankwa Akufo-Addo has revealed that the Ghana Gas Company is to commence supply of gas to industries across the country at reduced rates. According to him, the move forms part of government’s agenda to improve the business environment in its job creation agenda. Nana Akufo-Addo made the revelation over...
Ghmain