BUSINESS NEWS

Scores of passengers in the Asante Akyem Central district have been left stranded after commercial drivers have withdrawn their services on Tuesday morning.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 …

The former Chairman of the National Development Planning Commission (NDPC), Prof Stephen Adei, has urged the Nana Addo Dankwa Akufo-Addo government to be transparent on the intermittent power supply (dumsor) the country has been facing recently. According to him, it is important that the government tells the people of Ghana …

The Ministry of Food and Agriculture (MoFA) has clarified that it has not given the green light to commercialise certain maize and soya bean products. This clarification comes in the wake of concerns expressed by various commercial and small-scale farmers and aggregators regarding the registration and approval of 14 maize …

Over 400 acres of cocoa farms are being threatened in the Atwima Nwabiagya South Municipality in the Ashanti Region as a foreign-owned gold mining firm is carrying out exploration in the area. Five cocoa-growing communities will be affected when the firm, MIGOP Mining Limited begins full operations after carrying out …

The Ghana Revenue Authority is now led by Ms. Julie Essiam as Commissioner-General, according to a statement from the Finance Ministry. She becomes the first woman to serve in that role and replaces Rev. Dr. Ammishaddai Owusu-Amoah who was relieved from his duties on March 27. President Akufo-Addo at the …

President Akufo-Addo has relieved Dr. John Ofori Tenkorang of his duties as the Director-General of the Social Security and National Insurance Trust (SSNIT). Dr. Tenkorang has been instructed to hand over his duties to Kofi Bosompem Osafo-Maafo, the Deputy Director-General for Investments, by Monday, April 15. Consequently, Mr. Osafo-Maafo has …

The Peasant Farmers Association of Ghana has condemned the Government of Ghana’s interest in approving the commercialization of 14 novel Genetically Modified (GM) products, comprising eight (8) maize and six (6) soya bean products. This follows the release of the GM cowpea in 2022, which was also done on the …