BUSINESS NEWS

In order to ensure responsible management of pension funds and the restoration of public confidence, the University Teachers Association of Ghana (UTAG) is calling for an entire restructuring of the Social Security and National Insurance Trust (SSNIT) board and the immediate resignation of the top management team. The group cites …

Delta Air Lines, in partnership with Junior Achievement (JA) Ghana, successfully held the 3rd edition of the Delta Innovation Camp in Accra on July 5th, 2024. The event saw over 50 talented university students from across the country converge at the Academic City University College to tackle real-world business challenges …

The Management of Ghana Water Ltd (GWL) in the Ashanti Region has shut down the Barekese Water Treatment plant and the Achiase Booster for repairs. The shutdown is due to a major burst on the 36” (900mm) transmission line that supplies water to a greater part of the Kumasi metropolis. …

The Social Security and National Insurance Trust (SSNIT) has announced its discontinuation of the sale of the 60% shares in the four hotels. This comes after several labour unions announced their decision to embark on a nationwide strike following approval by the National Pensions and Regulatory Authority (NPRA) for SSNIT …

Seven government agencies have declared their intention to join the impending strike action by Organised Labour in protest of the proposed sale of 60% of Social Security and National Insurance Trust’s (SSNIT) shares in some four hotels. This decision follows Organised Labour’s announcement of a nationwide industrial strike set to …

The Jamestown Fishing Harbour Project has been successfully completed and is awaiting formal handing over to the government. The project, which includes dredging about 100,000 cubic metres of Harbour Basin, construction of hydraulic structures about 1,251 meters, and the construction area of management (office buildings, trading markets, cold storage, processing …

The Ghana Medical Association (GMA) has announced a roadmap to withdraw its services from the various health facilities across the country. This is in light of Organised Labor’s statewide strike declaration. Organized Labour has announced a decision to embark on an industrial strike effective Monday, July 15, to protest the …

The Electricity Company of Ghana (ECG) has announced that it will carry out emergency maintenance on the Nuri Kamstrup Prepayment Server. This is scheduled to begin on Friday, 12th July at 11:00 pm and will continue until Sunday, 14th July at 11:00 pm. The ECG in a short statement advises …

The Ghana Plastic Manufacturers’ Association (GPMA) has called off its planned demonstration and production shutdown in response to the government’s proposal to impose a 5% excise tax on locally manufactured plastics. In a press statement issued on Monday, July 8, the plastic manufacturers said they have suspended the protest action …

The gari market in Koforidua is grappling with a severe cassava shortage, causing prices to soar sharply. This development has sent shockwaves through the industry, leaving gari traders struggling to stay afloat. According to a market survey by the Ghana News Agency in the second quarter of 2024, the scarcity …