Business

The Public Utilities Regulatory Commission (PURC) has approved an 11.17 per cent tariff increase for recovery of total electricity revenue requirement for the regulated electricity market effective 1 July 2019. ccording to Public Utilities Regulatory Commission (PURC), the decision was taken...

Armed police officers have been deployed to maintain order at Suame Magazine as some rampaging retailers insist they will evict all Nigerians who are still engaging in retail trade in the area. The mob went around to forcefully order the closure of the shops...

Nigerian traders at Suame in the Ashanti region have begun packing out of their shops, following what they say are attacks on them by the Suame Spare Parts Dealers Association. Shops belonging to Nigerian traders were shut down by Ghanaians, who vowed to evict foreigners from the market.

Umbrella sellers at Kejetia in the Kumasi Metropolis have recorded high sales in business during this year's rainy season. They said the recent downpours of the rains have become a blessing to them, as compared to other traders, who even buy umbrellas...

Ghana's giant telecommunication network MTN Ghana has launched the 10th anniversary of their Mobile Financial Service with various promotions offers and has urged Mobile Money (MoMo) subscribers to be security vigilant in order to safeguard their wallets. Mr. Simon Amoh, the northern sector...

The Bank of Ghana has denied social media rumours that its intended clean-up of the rural and community banks sector will cause depositors to lose their funds. In a statement, the central bank said its attention “has been drawn to...

Mining giant, Anglo Gold Ashanti, says it is planning to recruit about 2,500 workers following its resolve to resume full-scale operations at its Obuasi mine. The Managing Director of the company, Mr Eric Asubonteng, made this known at a Town Hall meeting organised by...

Financial expert, Mr. Samuel Gameli Gadjo, has predicted an astronomical depreciation of the cedi currency within the months of November to December 2019 and significant job losses due to the ongoing financial overhaul by the Bank of Ghana in the micro-finance sector. According...

Appointed Receiver for the financial institutions whose licences were recently revoked last week estimates he will finish his assessment in 10 days. The central bank on Friday, May 31, 2019, revoked the licences of 386 insolvent microfinance and microcredit companies appointing Eric Nana Nipah, a Director of PricewaterhouseCoopers...

MTN Ghanathe leading telecommunication service network in the country has commissioned an ultra-modern office complex at Kejetia to serve residents who operate their business at the Central Business District in Kumasi and its environs. Northern Sector Manager of MTN Ghana, NiiAdotey Mingle, in a welcome address expressed the...