BUSINESS NEWS

Lawyer Nana Obiri Boahen, a private legal practitioner, has advised African governments to refrain from executing projects and instead leave such tasks to private entBoahen In an interview, Lawyer Nana Obiri Boahen argued that government involvement in developmental projects is a key reason for the struggles faced by the African …

Mr. Edmund Kyei, the former New Patriotic Party’s (NPP) parliamentary candidate for the Asokwa constituency, has cautioned Dr. Cassiel Ato Forson, the minority leader in parliament, to cease his “usual propaganda” regarding the Bank of Ghana’s residence. According to Mr. Edmund, who is also a member of the ruling party’s …

Members of the Locked-Up Investment Holders Forum ( LIHF) are returning to the Finance Ministry on Wednesday, June 5, 2024, to demonstrate. This comes after a promise by the Ministry to engage them was not honoured. On May 21, the group announced the temporary suspension of its planned picketing on …

The flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia has announced that E-Gates will be implemented at the Kotoka International Airport by the end of the year. According to the Vice President, these E-Gates will be installed in the arrival section of the airport, removing the need for …

The Public Utilities Regulatory Commission (PURC) has announced an increase in Electricity and Water tariffs, effective July 1 to September 30, 2024. The Commission has stated that there will be a 3.45% increase in electricity tariffs for lifeline consumers (0-30kWh); a 5.84% increase for all other residential consumers who are …

Residents of Akwatia Township and the surrounding areas in the Eastern Region have been without power for an extended period due to a fault, as announced by the Ghana Grid Company (GRIDCo). GRDICo reports that there was a fire incident at the Akwatia substation on Thursday, May 30, 2024, at …

Female head porters “Kayayie” in Madina and Ashaiman who enrolled in Vice President Dr. Mahamudu Bawumia’s skills training centre have received GH¢500 each as their monthly stipend as they begin their four-week free training course at the facility. Dr Bawumia has constructed two hostels for the Kayayei in Accra, providing …

The Director General of the Social Security and National Insurance Trust (SSNIT) Kofi Bosompem Osafo-Maafo should be fired, according to a demand made by the Forum for Accountability and Justice (FAAJ). The social justice interest group expressed concerns over Mr. Osafo-Maafo’s handling of the controversial sale of SSNIT hotels to …

Deputy Minister for Finance, Dr Stephen Amoah, has stated that his comment on the Cedi’s depreciation being a ritual problem was taken out of context. Dr Amoah lamented what he termed a deliberate attempt by some persons in the media space, whom he said are famously known for quoting interviewees …

The Deputy Minister for Finance and a member of parliament for Nhyiaeso constituency in the Ashanti region., Dr Stephen Amoah, says the depreciation of the Ghana cedi is a ritual problem caused by the import-driven economy. Speaking to the media on Wednesday, he highlighted that with importation putting demand on …