Business

Energy Think Tank, Africa Centre for Energy Policy (ACEP), has backed calls for the government to bring relief to fuel consumers by scrapping some taxes from the petroleum price build up. Fuel prices crossed the GHc5 per litre mark earlier in the week, giving rise to calls for government to …

Sinotruk International, China’s first heavy-duty truck manufacturer, has signed an agreement with the Government of Ghana to establish an assembly plant in Ghana, to serve both Ghanaian and West African markets. This was after the Ministry of Trade and Industry, on behalf of the Government of Ghana, signed a Memorandum …

The all-new 2019 Hyundai Santa Fe SUV has been introduced unto the market by Auto Plaza Limited (APL) an authorized partner of Hyundai vehicles in Ghana. The vehicle comes with high-end features for safety, comfort, style, and uniqueness. It also represents new thinking and new possibilities as manifested in its …

Broadcasters are worried about the lack of a clear roadmap, governance and management structure, and timeline for digial migration, as well as allegations that StarTimes, a player in the industry, is involved in network expansion process of Digital Terrestrial Television (DTT) against agreed principles. Other issues raised border on a …

Freight forwarders are embarking on a strike today [August 27, 2018] to protest against the implementation of the Cargo Tracking Notes (CTN) system at the ports. The action has been necessitated by what the businesses say is the government’s failure to heed concerns on the policy which impedes trade facilitation. The strike …

Deputy Minister for Trade and Industry, Robert Ahomkah Lindsay, has hinted that as part of government’s One District, One Factory initiative, 57 factories have received approval from investors and will soon commence operations in the Greater Accra Region. More than half of the 57 factories the deputy Minister disclosed are …

Staff of the newly-established Consolidated Bank will have their employment assessed after a 60-day period to determine whether they are to continue working with the bank or not. A letter sent to the about-3,700 staff yesterday morning, signed by the CEO Daniel Addo, said: “The purpose of this letter is …

The Bank of Ghana says it is working to introduce mobile payments for persons interested in making checks on the collateral registry. The registry was established under the lenders and borrowers act to facilitate access to finance through secured lending. Speaking at the launch of the financial literacy and awareness …

Former workers of the defunct UT and Capital Banks have made an appeal to the central bank to ensure that their exit package, as agreed between UNICOF and the Receiver (PwC), is paid. The Bank of Ghana revoked the two banks’ licences due to severe impairment of capital on August …

Houses in Ghana will continue to be expensive until government implements pragmatic interventions to support the real estate sector. That’s the assertion of the Executive Secretary of the Ghana Real Estate Developers Association (GREDA), Sammy Amegayibor. Expressing his disappointment with government’s lack of support on the Citi Breakfast Show on …