BUSINESS NEWS

President Nana Addo Dankwa Akufo-Addo, has launched the National Alternative Employment and Livelihood Programme, a programme designed to help alleviate the hardships of those affected by the Government’s efforts to sanitize the mining industry. Speaking at the launch on Monday, 25th October 2021, at the auditorium of the George Grant …

 The Director of Strategy and Business Operations at Dalex Finance,Joe Jackson, expects the Finance Ministry to announce an increase in taxes. Due to Ghana’s precarious debt situation, Mr, Jackson said on ‘The Big Issue on Christmas TV and Citi FM that, “in this new budget, taxes have to go up”. …

President Nana Addo Dankwa Akufo-Addo has reiterated his commitment to ensure regular supply of power to Ghanaian homes and industries.     He admits that the days of irregular supply of power brought a lot of “discomfort” and “inconvenience” to Ghanaians and “we must continue to keep them behind us”. …

Ghana may have no option to return to the International Monetary Fund for financial support if its rising debt which presently stands at a little above ¢335 billion continues to surge and create problem for the economy.   According to a Bloomberg Survey, the country may have to pay a …

The Ministry of Energy has responded to claims by the NDC that the Akufo-Addo led government is responsible for the continuous increase in fuel prices being experienced in the country. The ministry in a press statement on Tuesday, October 19 signed by the Public Relations Officer, Kwasi Obeng-Fosu is refuting …

The directive by the Controller and Accountant General’s Department (CAGD) for all public sector workers to register with the National Identification Authority (NIA) and obtain a Ghana Card or forfeit their salaries by December 1, 2021, has been put on hold.   Instead, the Controller and Accountant General’s Department (CAGD) …

The Ghana Private Road Transport Union (GPRTU) says it would soon consider increments in transport fares should the current trend of fuel price increments continue. The union said, at the last increments of transport fares, they projected to last until December 2021 but the rate at which fuel products are …

Electricity supply has been restored at the new Kejetia market in Kumasi in the Ashanti region after it was disconnected following the non-payment of bills. The facility owes over 2 million Ghana cedis within a period of six months. The market was plunged into darkness on Wednesday October 13 due …

The Bank of Ghana (BoG) has said it has identified a money doubling scheme operating in Ghana under the pseudo name “Worldremit”. This fraudulent scheme, according to the central bank, is distinct from the globally renowned Fintech, “WorldRemit” which is in the business of international fund transfers. This scheme encourages …

Private commercial road transport operators and the Ghana Private Road Transport Union (GPRTU) have threatened to increase fares if government does not meet their demands to remove or reduce some taxes on petroleum products. The key stakeholders in the commercial road transport industry have expressed disappointment in the government “for …