BUSINESS NEWS

Local Govt Service Workers Union Distances Itself From CLOGSAG Strike

The Local Government Service Workers’ Union (LGSWU) has distanced itself from the ongoing strike initiated by the Civil and Local Government Staff Association of Ghana (CLOGSAG). The strike, which commenced on Thursday, February 20, 2025, is in protest against the appointment of Samuel Adom Botchway as the Registrar of the …

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Is Dumsor Back ? – CDM Quizzes

The Centre for Democratic Movement (CDM) has accused the government of failing to properly handle the ongoing powers crisis. According to the pressure group, while the governing National Democratic Congress (NDC) must be held accountable for its past mismanagement and unfulfilled promises, the focus should be on building a resilient …

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Communications Minister Orders NCA To Shut Down 6 Radio Stations

The Minister for Communication, Digital Technology, and Innovations has directed the Acting Director General of the National Communications Authority (NCA) to take immediate enforcement action against several entities for operating without valid frequency authorisations, in violation of Section 2(4) of the Electronic Communications Act, 2008 (Act 775). Six radio stations …

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DDEP: Govt Pays GH₵6bn To Bondholders

President John Mahama has directed the Ministry of Finance to settle outstanding Domestic Debt Exchange Programme (DDEP) coupons and build a financial buffer through the Sinking Fund. In line with this directive, the Ministry of Finance has on Monday, February 17, disbursed a Payment-In-Cash (PIC) coupon of GH₵6.081 billion to …

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Fuel Prices Drop For The First Time In 2025

Some Oil Marketing Companies (OMCs) have begun adjusting prices downward at the pumps following the commencement of the second pricing window of February. Total Energies has already taken the lead, reducing the price of both petrol and diesel to GH¢15.99 per litre, down from GH¢16.15 in the first pricing window …

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COCOBOD Denies Cocoa Price Hike, Warns Against Misinformation

Ghana Cocoa Board (COCOBOD) has dismissed claims circulating on social media that the government has announced an increase in cocoa prices, stating that such reports are entirely false. The regulatory body has urged stakeholders and the public to disregard the misinformation and rely only on official communication channels for accurate …

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Renowned Ghanaian Technocrat-Good For Resetting National Economy Agenda

Ghana has come a long way to reset its economic agenda as promised by the current leadership of the government of Ghana. This can not be achieved without know-how professionals to steer the helm of national economic affairs. To be precise, indefatigable professional wizards, both internal and international, well experience …

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Julius Kpekpena Replaces David Asamoah As Acting ECG MD

Ing. Julius Kpekpena has been appointed as the acting Managing Director of the Electricity Company of Ghana (ECG) replacing Ing. David Asamoah.Authentic Ghanaian cuisine recipes Ing. Kpekpena served as the Director of Engineering at ECG before transitioning to the Millennium Development Authority (MiDA). He faces the significant challenge of revitalizing …

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Govt To Meet Transport Unions Over Fare Hikes

The government is set to engage in high-level discussions with transport unions today, February 11, regarding their plans to increase transport fares in response to the persistent rise in fuel prices. This engagement comes in the wake of growing concerns among commuters and transport operators about the economic burden of …

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Thermal Plants In Tema To Shut Down As WAPCo Begins Maintenance Works

Gas supply to thermal plants in Tema from Nigeria, along with gas transportation via reverse flow from Takoradi to Tema, will be curtailed. This is contained in a joint statement from the Ghana Grid Company Ltd. (GRIDCo) and the Electricity Company of Ghana (ECG) as they announce that the West …

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