BUSINESS NEWS

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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2025 Budget: Gov’t Outlines Cedi Stabilisation Plan

The Bank of Ghana (BoG) is set to introduce new measures to stabilize the cedi and reduce exchange rate volatility. Finance Minister Dr. Cassiel Ato Forson announced this while presenting the 2025 Budget Statement and Economic Policy to Parliament on March 11. He acknowledged that cedi stabilization was crucial in …

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Former Bronx Attorney Kofi Amankwaa Sentenced To 70 Months For Large-scale Immigration Fraud

A Bronx-based former immigration attorney, Kofi Amankwaa, has been sentenced to 70 months in prison for his role in a multi-year immigration fraud scheme involving fraudulent filings under the Violence Against Women Act (VAWA). The U.S. Attorney’s Office for the Southern District of New York announced the sentencing on Wednesday, …

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Cement Prices Surge Again As Retailers Cite Import Costs

Cement prices across Ghana are poised for a sharp increase, with retailers planning to add approximately GHC 9 per bag starting Thursday, February 27th. Some retailers have already implemented the new rates. Samuel Azu, a cement retailer, confirmed the impending price adjustment, “We have not yet increased the price, but …

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President Mahama Appoints 12-member Bank of Ghana Board

President John Dramani Mahama has appointed a 12-member governing board for the Bank of Ghana, following consultations with the Council of State and in accordance with the Constitution and the Bank of Ghana Act. The appointments were announced on Wednesday, 26 February 2025.     WATCH: Trending🔥🔥: John Dumelo Faces …

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CLOGSAG To Meet Govt On February 27

The government is set to hold a negotiation meeting with the leadership of the Civil and Local Government Staff Association (CLOGSAG) on Thursday, February 27, in a bid to resolve the ongoing strike. The association is demanding the revocation of the appointment of the new Births and Deaths Registrar, Samuel …

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Burkina Faso Imposes Export Ban On Grains And Cereals

The Ministry of Foreign Affairs has officially informed the public of an export ban imposed by the Government of Burkina Faso on key agricultural commodities, including rice, millet, maize, sorghum, and white beans (cowpea). The restriction, outlined in a joint communique, dated 19th December 2023, prohibits the export of these …

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Ennovate Blck Cyber Security Hub Launched

The modern state-of-the-art facility which is to incubate aspiring personnel interested in cyber technology was launched in Adenta, a suburb in the Greater Accra Region of Ghana.   Cyber technology has become the most economic drive in our contemporary world of economy and to achieve this, it takes a well-committed …

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Democracy Hub, CPP Sue To Drop Kotoka’s Name From Ghana’s International Airport

Democracy Hub, and the Convention People’s Party (CPP), have jointly filed a lawsuit at the Supreme Court seeking the removal of “Kotoka” from the country’s International airport. They contend that honouring Lieutenant-General Emmanuel Kwasi Kotoka, a key figure in the 1966 coup d’état, contradicts Ghana’s democratic values. In a statement …

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