BUSINESS NEWS

The Minority in Parliament has called on government to address the issue surrounding the shortage of Liquefied Petroleum Gas (LPG) across the country. The Minority Caucus in a release signed by the Ranking Member- Mines and Energy Committee, John Abdulai Jinapor stated that, “government must as a matter of urgency …

Prices of local airline tickets have shot up by between 15 and 20 per cent, prompting recession fears among local operators following “a gradual drop” in patronage. The new prices, which took effect from July 08, 2022, was in response to a rise in operational cost occasioned by the depreciation …

The Minister for Communications, Ursula Owusu-Ekuful, has announced that a self-service sim reregistration app will be launched on August 2. According to her, this app will enable the public re-register their sim cards in the comfort of their homes without having to queue at any network operator’s office. Speaking at …

Ursula Owusu-Ekuful, Minister of Communications and Digitalisation  has warned qwik loan customers who do not want to pay their debt hence, refusing to re-register their SIM cards that they would be found out.   She described their action as evil corruption.   It is recalled that Ningo Prampram Member of …

Côte d’Ivoire and Ghana have decided to no longer sell their cocoa at origin differentials below zero, from as much as 125 pounds below the ICE terminal market, joint Côte d’Ivoire-Ghana Cocoa Initiative (CIGCI) announced in Accra Friday.   The origin differential is an additional country quality premium that has …

Some Ghanaians who are still trying to get their National Identification Card (Ghana Card), say they will withdraw their mobile money savings if they’re unable to secure the cards before the deadline. Tomorrow (July 31, 2022) is the deadline for the registration of Subscriber Identity Module (SIM) cards in Ghana, …

The Vice Chair of the Communications Committee of Parliament, Sylvester Tetteh, does not think a deadline for the SIM card re-registration is prudent.   Speaking on Eyewitness News, Mr. Tetteh, however, said the most his committee could do was to make pleas to the Ministry of Communications for an extension …

The Gas Tanker Drivers Association (GTDA) has served notice to commence a sit-down strike on Monday, August 1, 2022, across the country. In a press release dated July 29, 2022 the Association disclosed that the move is in consultation with relevant stakeholders in the industry such as Ghana LPG Operators …

Foreign direct investment (FDI) flows to Ghana increased by 39% to US$2.6 billion for the year 2021, according to the World Investment Report 2022. This placed Ghana second in West Africa, and seventh in Africa, in terms of FDI attraction. The rise in Ghana’s FDI flows was attributed to major …

The Finance Minister Ken Ofori-Atta has admitted that the state of the Ghanaian economy is not in the best shape.   Presenting the mid year budget review in Parliament on Monday July 25, he recounted the challenges Ghanaians are going through due to the impact of the warfare between Russia …