BUSINESS NEWS

The Hair Dealers Association (HDA)  has raised serious concerns over inflows of foreign nationals invade into their businesses. Speaking at a news conference held in Accra, the president of the association, Madam Nana Adwoa Ennifo, said last Monday, May, 1st 2023, the association had a call from a true Ghanaians …

The Ghana Statistical Service has released the Ghana 2022 Annual Household Income and Expenditure Survey Labour Statics. This report includes statistics on economic activity status, employment status, youth not in employment and movement in and out of employment across economic sectors: Agriculture, Industry and Services. The Data from the Ghana …

President Nana Addo Dankwa Akufo-Addo has commissioned the Kia automobile assembly plant in Ghana, urging the vehicle manufacturer to work towards making their products affordable to the local consumer. Set up by Rana Motors Limited, a local licensed dealer for the South Korean automobile company, the plant, situated at Amasaman …

Parliament has approved a loan agreement between the government and the World Bank for an amount of $200 million to finance the Ghana Digital Acceleration Project.   The House also approved an amount of $150 million dollars for the financing of the West Africa Food System Resilience Programme phase 2 …

The Chamber of Petroleum Consumers Ghana (COPEC) has predicted stability in fuel prices in the first pricing window in the month of May.   According to COPEC, this is due to the decrease in international benchmark pricing of petroleum products on the international market.   Speaking to Citi News, Executive …

The Judicial Service Staff Association of Ghana (JUSAG) has threatened an industrial action by the close of this week if the government does not approve and pay their new salaries. According to JUSAG, the government’s failure to review and pay them the new salaries since 2022 has negatively affected them. …

Dr. Anthony Yaw Baah, the General Secretary of the Trades Union Congress (TUC), has called on the government to cut expenditure on all non-essential government spending. According to the TUC, the current economic downturn can be improved should the government divert funds from non-essential spending towards more productive ventures to …

President of the Ghana Union of Traders Association (GUTA), Dr Joseph Obeng says the publication making rounds that prices of goods will increase from May 1, 2023, is “untrue”. The claim was attributed to the GUTA President but he told NEAT FM’s morning show, ‘Ghana Montie’ that “its false, I …

The Management of Ghana Cocoa Board (COCOBOD) has urged the general public to dismiss former president John Mahama’s claims that the cocoa industry is collapsing. According to the management, contrary to the former president’s claims, the industry saw the highest-ever cocoa production volume in the 2020/21 season, adding that cocoa …

The Pensioners Bondholders exempted from the government’s Domestic Debt Exchange Programme (DDEP) will today, Friday, April 28, resume its picketing at the premises of the Ministry of Finance. The resumption of their action is due to the government’s failure to pay all outstanding coupons and principals of bond investments. In …