BUSINESS NEWS

The Institute of Energy Security (IES) has called for the immediate removal of Energy Minister Dr. Matthew Opoku Prempeh, citing the worsening energy crisis as grounds for his removal. According to the IES, the current state of the energy sector necessitates swift intervention, prompting their advocacy for the minister’s dismissal. …

Renowned Ghanaian economist, Dr. Kofi Amoah, has reacted to criticism of former president John Dramani Mahama’s possible presidential comeback made by Majority Leader of Parliament Alexander Kwamina Afenyo-Markin. During a press briefing in parliament on April 19, 2024, Afenyo-Markin, who is also the Effutu Member of Parliament, questioned Mahama’s ability …

The €84-million Elmina Fishing Harbour with berthing space for deep marine access for a fleet of fishing boats, has received its first cruise ship, ‘SH Vega.’ Named after the first ship to cross the Arctic Northeast Passage, SH Vega was designed to journey to far-away places and remote polar regions in style …

A former National Organiser aspirant of the NDC, Henry Osei Akoto, has criticised the Akufo-Addo government over the consistent, unannounced power outages in the country, saying the unpredictable power cuts, known in local parlance as ‘Dumsor’, are affecting businesses in the country. Akoto, one of the leading members of the …

The Trades Union Congress (TUC) has decided to join the FORUM, comprising nine labour unions, to withdraw their services on 2nd May, 2024 if government does not release the second-tier pension funds. Secretary General of TUC, Dr Yaw Baah, said this when he was addressed a conference at Gomoa Fetteh …

Ghana’s recently acquired train, which arrived from Poland and intended to operate on the Tema-Mpakadan railway line, has been involved in an accident during a test run in the Asuogyaman District. The Ministry of Railways Development, in a statement dated Thursday, April 18, 2024, clarified that the accident took place …

Scores of passengers in the Asante Akyem Central district have been left stranded after commercial drivers have withdrawn their services on Tuesday morning. The action of the drivers who ply their business from Konongo to Agogo follows the recent surge in fuel prices and associated operational expenses. The hike according …

The board members of the Electricity Company of Ghana (ECG), who served in office from 1st January to 18th March 2024, are to pay a regulatory charge of Five Million, Eight Hundred and Sixty-Eight Thousand Ghana Cedis (GHS5, 868,000.00) in fines for superintending over power outages without any notification to …

The Chamber of Petroleum Consumers (COPEC) has chided the Ministry of Transport over its directive to the Ghana Police Service regarding the implementation of new fares. The Ministry, on Monday, April 15, directed the Ghana Police Service to be on the lookout for commercial drivers who are charging fares exceeding …

The re-construction of the Akyem Oda Central Market in the Birim Central Municipal Assembly of the Eastern Region has brought huge excitement among the people of the municipality and beyond. Following a devastating fire three years prior, the market has evolved. Following the fire outbreak in September 2021, traders at …