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BUSINESS NEWS

Ghana Cedi Remains Stable In June, July 2023 Against Dollar – BoG

The Ghana cedi remained stable in June 2023 and July 2024 against the US dollar, indicating the positive impact of the International Monetary Fund (IMF) programme on Ghana. According to data from the Bank of Ghana, the cedi’s Year-To-Date depreciation stood at 22.1% as of July 21, 2023. This is …

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Inside Ken Agyapong’s Business Empire: Media Houses, Cold Store And Other Interests

When you hear of Ken City Media or NET 2 TV, Oman FM, what comes to mind? Your guess is as good as mine as all these media outlets belong to Kennedy Agyapong, the Member of Parliament for Assin North Central. But then, these are not the only media houses …

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Govt Does Not Engage Land Guards – Lands Ministry Clarifies

The Government through the Lands Ministry has dismissed claims of engaging the services of land guards to reclaim encroached state lands. This comes after the Ghana Armed Forces and the Ghana Police Service were accused of hiring land guards to reclaim their encroached lands. This claim was allegedly made by …

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‘Economic Strategists Don’t Go To IMF’ – Kennedy Agyapong Jabs Bawumia

Mr. Kennedy Ohene Agyapong, a prominent member of the New Patriotic Party (NPP) vying for the party’s flagbearer position, has voiced his discontent with the government’s handling of the local currency. During his campaign tour in Kintampo East on July 16, Mr. Agyapong expressed his dissatisfaction with the depreciation of …

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From Picketing Pensioners To School Food Suppliers: Is Finance Minister Still Sleeping On His Job?

Following the painful and poorly implemented Domestic Debt Exchange Programme (DDEP) by this government, Pensioners were forced to picket at the Finance Ministry several times to demand payment of their matured coupons and principal investment in government bonds. The scenes of agony and frustrations among the fragile Pensioners to get …

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NEIP Fetes Prisons Officers And Inmates With Processing Equipment

Under auspices of the NEIP and in collaboration with the Prisons service to provide skills in various light manufacturing areas and entrepreneurship to prisons officers and inmates and to provide starter pack and kits they will use for production. Speaking at the official launch of the entrepreneurship for restoration programme, …

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ECOWAS Court Dismisses Suit Against Agyapa Royalties Deal

The Economic Community of West African States (ECOWAS) Court of Justice has dismissed the suit against the Agyapa Royalties deal filed by the Ghana Integrity Initiative and Transparency International Ghana. This means that the court would not be ordering the government of Ghana to stop the sale of the country’s …

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Kwame Nkrumah Memorial Park To Be Temporarily Closed Down

The refurbished Kwame Nkrumah Memorial Park (KNMP) in Accra, Ghana, is to be temporarily closed from midnight on Friday, July 7, 2023, to Tuesday, July 11, 2023. The closure is to allow for preparations towards the commercial operations of the park. This development was announced in a statement signed by …

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