BUSINESS NEWS

The Association of Mobile Money Agents has disclosed that they have called off their intended strike slated for Thursday, December 23.   Speaking  to the  General Secretary of the Association, Evans Otumfo, this is due to a fruitful meeting they had with the Ministry of Communications and the National Communications …

The National Association of Sachet and Packaged Water Producers has confirmed an increase in the price of the products by 25%, citing high cost electricity, taxes as well as high import duties. President of the association, Magnus Nunoo, in an interview with Charles Ayitey on the Market Place, projected a …

1.5 million out of the 11.5 million active Ghanaian labour force are unemployed, the 2022 Population and Housing Census conducted by the Ghana Statistical Service has revealed. This translates into 13.4% of jobless Ghanaians. About half a million out of the unemployed are persons who are 15 years and older, …

Consumers of poultry should be prepared to pay more than fifty percent for purchases they make this Christmas season.   This is a warning from the Greater Accra Poultry Farmers Association who attribute the expected hikes to the incident of maize shortage as well as the reduced import of day-old …

The month of November 2021 recorded the highest rate of inflation of 12.2% since the rebasing of the Consumer Price Index was done in 2019, the Ghana Statistical Service has indicated. This indicates that prices of goods and services witnessed upward adjustment during the period, a situation that will push …

The Ministry of Food and Agriculture is urging tomato traders in the country to desist from travelling to Burkina-Faso to buy tomatoes this festive season as local producers will be able to supply enough to meet their demand.   The Tomato traders and transporters association embarked on a strike in …

A Chartered Accountant and Economist, Dr Sampson Anomah, has advised Ghanaians to keep all activities of government under surveillance to ensure our taxes being paid are used for the right developmental purposes in the country.   Dr Anomah who also doubles as a Senior Lecturer and the Head of the …

The Omanhene of Akyem-Dome in the Fanteakwa South District of the Eastern Region, Osaberimah Amoako Affum II has urged the government to make agriculture attractive So to entice the youth into agriculture which will help mitigate the increasingly unemployment rate in the country.   He argued that, since agriculture is …

With barely five weeks to end the year, the Ghana cedi has come under intense pressure and is being classified among African currencies with the ‘Worst Spot Returns’. It’s now ranked 14th among 20 top African currencies tracked by Bloomberg.  It was actually the best performing currency in Africa in …

Executive Director for African Center for Energy Policy (ACEP), Benjamin Boakye, has predicted that Ghana’s energy-sector debt could surge to ₵7 billion by the close of the year 2021and ¢12.5  billion by 2023 if urgent measures are not put in place to check debt accumulation in the sector. Speaking on …