BUSINESS NEWS

The Ministry of Employment and Labour Relations is set to take legal action against businesses failing to enroll their employees onto the various pension schemes. According to the Sector Minister, Ignatius Baffour Awuah, many employees, after their working life, retire with no pension benefits because their employers refuse to pay …

Ghana’s Minister of Energy, Dr Mathew Opoku Prempeh has been named among Africa’s top 25 movers and shakers to watch in 2022 in driving energy sector growth and success by the African Energy Chamber (AEC).   AEC recently announced the launch of the highly anticipated ‘State of African Energy 2022’ …

The Rand Merchant Bank (RMB), a corporate and investment banking arm of the First Rand Bank Limited, has ranked Ghana sixth on this year’s ‘Where to Invest in Africa 2021’ rankings. A statement jointly signed by Mr Delali Dzidzienyo of the First National Bank Ghana and Ms Joandra Griesel of …

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 …