BUSINESS NEWS

Independent Power Producer Sunon Asogli Power Ghana Limited has reported that it has not received any part of the $30 million directed by the Ministry of Finance for release by the Controller and Accountant General’s Department (CAGD), despite government assurances. This update follows Sunon Asogli’s recent shutdown of its 560MW …

Deputy Transport Minister, Hassan Tampuli has urged the public to disregard the Concerned Drivers Association’s notice of a 15 per cent fare increase set for November 2. According to him, fare adjustments depend on factors like fuel price stability, inflation, and other economic indicators, which he says are currently stable. …

The Ministry of Finance (MoF) has once again been identified as the most fiscally reckless public institution in Ghana for the period from 2021 to 2023, retaining the same title it held from 2015 to 2020. Following the MoF in the rankings are the Ministries of Food and Agriculture, Communication …

The National Road Safety Authority (NRSA) has announced that, in collaboration with the Ghana Police Service, it will deploy officers from the Motor Transport and Traffic Directorate (MTTD) along with Road Safety Inspectors on all major roads nationwide, effective November 1, 2024. According to NRSA, this is to ensure a …

The Board Chairman of the Agricultural Development Bank (ADB), Daasebre Akuamoah Agyapong II, has resigned with immediate effect following allegations of extortion made against him by a customer of the bank. His resignation came after an emergency board meeting, during which Daasebre Akuamoah Agyapong II, who is also the Kwahumanhene, …

  Jambo has been one of the fastest growing smartphone companies in the continent – popular because of its accessibility and providing users earn opportunities through decentralized technology. The recent unveiling of the JamboPhone 2 now features advanced AI capabilities to the mix – will this bring the AI revolution …

On October 7, 2024, Vice President Dr. Mahamudu Bawumia officially launched the CitizenApp, the latest digital innovation aimed at improving the interaction between the government and citizens. The app consolidates all digitised public services onto one platform, making it easier and more convenient for Ghanaians to access government services. The …

The Mortuary Workers Association of Ghana (MOWAG) has hinted at setting a new date to embark on its planned strike to demand better conditions of service. According to the General Secretary of MOWAG, Richard Kofi Jordan, the strike, which was originally scheduled to begin today, October 10, will not take …

A group of traders in the Kumasi Metropolis has refuted claims of apologizing and throwing their support behind John Dramani Mahama for the 20204 Presidential elections. According to spokesperson for the traders, Michael Amponsah, reports circulating in the media indicating their support during the NDC’s Women’s Manifesto launch in Kumasi …

The leadership of the Cocoa Carriers Association has instructed its members at the Tema, Takoradi, and Kumasi depots of the Cocoa Marketing Company Limited to commence an indefinite sit-down strike starting Monday, October 7, 2024, over issues related to their conditions of service. In 2022, members of the Association undertook …