BUSINESS NEWS

EPA Receives Donation From EV Beauty Ghana Company Ltd

A Chinese body disinfectant company based here in Accra-Ghana, EV Beauty Skincare Company has taken a bold step in promoting environmental sustainability by donating disinfectants to the Environmental Protection Agency (EPA). On the 20th of March 2025, the donation, which took place at the head office premises of the EPA …

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Govt Suspends Licenses of 4 Industrial Trawl Vessels For Illegal Fishing

The Ministry of Fisheries and Aquaculture and the Fisheries Commission have suspended the fishing licenses of four industrial trawl vessels operating within Ghana’s Exclusive Economic Zone (EEZ). The 12-month suspension was due to repeated violations of the Fisheries Act, 2002 (Act 625), and the Fisheries Regulations, 2010 (L.I. 1968). A …

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Suspected Pirates Attack Ghanaian Fishing Vessel; Captain And Others Missing – Ghana Navy

The Ghana Navy has launched an investigation into a suspected pirate attack on the Ghanaian-registered fishing vessel, MENGXIN 1, which occurred in Ghanaian waters on the evening of Thursday, 27 March 2025. According to a press release issued by the Ghana Armed Forces on Saturday March 29, the attack took …

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BlueLight Traders Association Apologise To Interior Minister For Rejecting His Rice Donation

The Executives of the BlueLight Traders Association (BTLA) has apologized to the Minister for the Interior and Member of Parliament for Asawase, Alhaji Mubarak Mohammed Muntaka, following their rejection of an offer of rice to assuage their plight. The statement was on issue of disrespectful behavior by some individuals during …

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VIDEO: ‘We don’t need rice!’ – Adum Fire Victims Reject Interior Minister’s Donation

Victims of Adum PZ market fire in Kumasi have turned down food donations from Interior Minister and Asawase MP, Mohammed Mubarak Muntaka, expressing frustration over the lack of practical assistance. The fire, which occurred on March 21, destroyed numerous shops and livelihoods, leaving traders desperate for meaningful support to rebuild. …

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Parliament Passes Bill To Abolish E-Levy, Betting Tax

Parliament has officially approved the Electronic Transfer Levy Repeal Bill 2025, effectively abolishing the controversial E-Levy, which previously taxed electronic financial transactions in Ghana. The E-Levy, which was initially introduced at 1.75% before being revised to 1%, imposed taxes on electronic transactions, including mobile money payments, bank transfers, and inward …

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MTN MoMo Not Authorised For Cross-Border Transfers To Nigeria – BoG Cautions

The Bank of Ghana (BoG) has clarified that MTN Ghana has not been granted a licence to facilitate cross-border transactions with MTN Nigeria. The Central Bank emphasised that MobileMoney Limited, the operator of MTN MoMo, has not received the necessary authorisation to conduct such international money transfers. Addressing recent discussions …

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Photos: National Security Raids Former BoG Governor Dr Addison’s Home

Armed men numbering about 20 and led by Richard Jakpa, Director of Special Operations at the National Security Secretariat, have raided the private residence of the former Governor of the Bank of Ghana, Dr Ernest Addison. The raid, which took place on Wednesday, 19 March 2025, in the morning, occurred …

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VIP Jeoun Rescinds Transport Fare Hike

Operators of the intercity transport company, VIP Jeoun, have resolved to stay the price increase of transport fares for its buses. A group known as the Alliance of Drivers Ghana announced a 20 per cent increase in transport fares, effective Monday, March 17, citing rising fuel prices, escalating engine oil …

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Fuel Prices Drop For Third Consecutive Time

Consumers of petroleum products can expect some relief as fuel prices at the pumps record a marginal decline for the third consecutive time. This development comes two days into the commencement of the second pricing window for March. Total Energies has led the latest adjustment, lowering the price of both …

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