Home / BUSINESS NEWS (page 3)

BUSINESS NEWS

NIB Intercepts Consignments Of Cocoa For Smuggling In Dambai

A large consignment of dried cocoa beans for smuggling has been intercepted by the National Intelligence Bureau (NIB) in Dambai, in the Krachi East Municipality of the Oti Region. The three truck consignments concealed as crates of minerals are believed to have journeyed from the Ashanti region, through the Eastern …

Read More »

Electricity Tariff Goes Up By 3.02%, 1.86% For Water

The Public Utilities Regulatory Commission (PURC) of Ghana has announced new increases in electricity and water tariffs by 3.02% and 1.86% respectively effective October 1, 2024. This is part of the Commission’s routine quarterly review process, which is conducted to ensure that tariffs reflect changes in key economic indicators, such …

Read More »

ECG Appoints David Asamoah As New Acting MD

David Asamoah has been appointed as the acting Managing Director of the Electricity Company of Ghana (ECG), following the resignation of Samuel Dubik Mahama, on Wednesday, September 25. Asamoah previously served as the Deputy Managing Director in charge of Commercial Services. His new role is temporary, pending a decision by …

Read More »

Ghana Retains 10th Position With Lowest Fuel Price In Africa

Ghana retained its 10th position with the lowest fuel price in Africa in September 2024, GlobalPetrolPrices.com has disclosed. This is coming despite the continuous marginal reduction of fuel prices at the pumps. Accordingly, Ghana’s average petrol price of $0.985 per litre ranks it 43rd globally from the previous 45th. Libya …

Read More »

Close All Mortuaries And Stay At Home Until… – MOWAG Tells Mortuary Workers As Nationwide Strike Declared

The Mortuary Workers Association of Ghana (MOWAG) has served notice to embark on an indefinite strike, starting on Thursday, September 26, 2024. MOWAG said the notice of the indefinite nationwide strike is in accordance with Section 159 of Act 651(2003) of the constitution. The move, the group said is to …

Read More »

Consolidated Bank Ghana Refutes Sale Rumours

Consolidated Bank Ghana Ltd (CBG) has denied reports circulating on social media claiming that the bank has been sold. In a press statement, CBG emphasised that there has been no change in ownership and that the government of Ghana remains the sole shareholder. The bank described the rumours of a …

Read More »

Ghana Ranked 6th In Africa With Highest Cost of Living And Rent Index

Ghana has been ranked 6th in Africa among 16 African countries with the highest Cost of Living and Rent Index. According to Numbeo, the country scored 21.0 points. It also placed 6th in the Groceries Index with a score of 33.9. Cameroon placed 1st on the continent with the highest …

Read More »

Govt Increases Cocoa Price By 45% For 2024/25 Crop Season – See The New Cost Per Bag.

Government has announced a 45 percent increase in the producer price of cocoa for the 2024/2025 crop season. By this, a 64 kilogramme bag of cocoa beans has increased to GH¢3,000 from GH¢2,070. Speaking at a press briefing, Minister for Food and Agriculture, Dr. Bryan Acheampong said the cumulative increases …

Read More »

Galamsey Crisis: Organised Labour Threatens Nationwide Strike If…..

Organised Labour, led by the Trades Union Congress (TUC), has issued a stern warning to the government, threatening a nationwide strike by the end of September if decisive action is not taken to address the escalating galamsey (illegal mining) crisis. In a statement issued by Joshua Ansah, Secretary General of …

Read More »
x