BUSINESS NEWS

The founder of the Danquah Institute, Gabby Asare Otchere-Darko, has served notice to Ghanaians to be ready for further depreciation of the local currency, the Ghana Cedi due to the Russia – Ukraine conflict. The political strategist said other African currencies will suffer the same fate as the US dollar …

The Economic and Organised Crime Office has cautioned the public against online investment schemes called Royal Gardens Network and Hubtel Mobile Lending, which operate Ponzi schemes.   In a statement, it said checks have established that Royal Gardens Network and Hubtel Mobile Money Lending have not been registered to operate …

The Chamber for Local Governance (ChaLoG) has described as ‘very disingenuous and most unfortunate’ a comment by Finance Minister Ken Ofori-Atta suggesting that the District Assemblies Common Fund (DACF) can only be paid if the e-levy is passed.   Mr Ofori-Atta had reiterated the need for Ghanaians to support moves …

The much anticipated Smivic business and leadership summit happened on 19th February,2022 at Accra Techinical University Auditorium.   According to Mr Smith Ebenezer,Co founder of Smivic Communication limited,this year’s summit was organized to build the youth on how they can establish their own business and also how they can build …

Transport operators in the country have agreed to adjust fares by 15 per cent, beginning Saturday, February 26, 2022.   A statement issued by the Road Transport Operators on Tuesday February 22 said “In line with the administrative arrangements on public transport fares, the Road Transport Operators after intense negotiations …

Ghanaian rapper, Samuel Adu Frimpong known in show business as Medikal has pleaded guilty to an offense of displaying arms and ammunition in a public place. This was after Medikal, to the surprise of the Prosecution, notified the Accra Circuit Court 2 that he wanted to change his plea from …

President Nana Addo Dankwa Akufo-Addo says efforts are being made to halt the ongoing depreciation of the Cedi against the US Dollar.   According to the President, the development is of concern to him, just as it is for the business community and the ordinary Ghanaian.   For some time …

The Ministry of Roads and Highways is to remodel tollbooths in the country to serve as police posts, emergency centres, and towing service centres,and other ancillary services.   The facilities, which will offer other ancillary services, will be incorporated into the Ministry’s programme to dualise the major highways in the …

Former Member of Parliament for OkaiKwei North, Fuseini Issah has said the New Patriotic Party (NPP) has done well in managing the performance of the local currency, the cedi, against the major trading currencies especially the dollar.   He said on the New Day show on TV3 Friday February 18 …

The Court of Appeal has ruled that the receiver of defunct Unibank Nii Amanor Dodoo can testify in the trial of Dr. Kwabena Duffuor and eight others.     Dr. Duffuor who is the founder of the defunct Bank is standing trial over charges including fraudulent breach of trust, falsification …