BUSINESS NEWS

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 …

In a frantic effort to achieve an ambitious 80.3 billion Ghana cedis tax revenue target for the year 2022 and also attain a tax to GDP ratio of up to 16.5%, the government has initiated moves to widen the tax net and broaden the tax scope. Aside from the introduction …

Pamela Djamson-Tettey has been appointed as the new managing director of the Ghana Airports Company Limited (GACL), an official statement on Thursday said. It follows an emergency meeting by the board of the Ghana Airports Company Limited on Wednesday (16 February) after Yaw Kwakwa submitted his resignation, the statement from …

President Nana Addo Dankwa Akufo-Addo has reappointed Second Deputy Governor of Bank of Ghana, Mrs. Elsie Addo Awadzi, for a second term with effect from 14th February 2022. Mrs. Addo Awadzi has over 25 years of professional experience working in various capacities in Ghana and internationally in law, finance, policy …

Years ago some Ghanaians lost their businesses and wealth through the defunct banks in the country. Before Dr. Ernest Kwamina Yedu Addison was appointed Governor of the Bank of Ghana by the President of the Republic of Ghana Nana Addo Dankwa Akufo-Addo in April 2017, some Ghanaian bank and credit …

The Ministry of Trade and Industry, on Thursday, 10th February 2022, opened the Kumasi branch of truck manufacturer Zonda Tec Ghana Limited located in the Adako Jachie within the Ejisu municipality. This adds to a number of its branches in Tamale, Buduburam, Takoradi and Nsawam, Madina, Kasoa and Amasaman. The …