Business

The Minister of Environment, Science, Technology and Innovation, Prof. Kwabena Frimpong Boateng has rejected accusations that the government is insensitive to the plight of fisher folks with the ban on fishing at sea. Government announced a closed season for all fishing activities in the ocean as part of measures to …

Construction of an airport in the Upper East region is about to take place at Sherigu in the regional capital, Bolgatanga, President Nana Addo Dankwa Akufo-Addo has announced. Addressing traditional authorities and residents of the Bongo District at a durbar Thursday as part of his two-day working tour of the …

President Nana Addo Dankwa Akufo-Addo has visited the construction site of the 1-village-1-dam project in Bongo, as part of his 2-day tour of the Upper West Region. With a total of 570 dams to be constructed in the Upper East, Upper West and Northern Regions, President Akufo-Addo indicated that 10 …

COCOBOD has ruled out any negative impact of the cedi’s depreciation on its dollar syndicated loan repayment. According to the Corporate Affairs Manager of COCOBOD Noah Amenyah, due to the sale of the beans in dollars on the international market, the depreciation of the currency has no bearing on the …

Stanbic Bank Ghana has saved GH¢472,091 on energy and has avoided grid costs of GH¢1,849,325 as part of a move to power its business operations with renewable energy. Three new solar power systems have been inaugurated by the bank and are expected to provide 30% of the electricity for Stanbic’s …

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 …

Groupe Nduom, a multinational company, has announced plans to open a Groupe Nduom (GN) Liaison Office in Washington DC, United States of America. President and Chairman of GN, Dr Papa Kwesi Nduom, made this known while speaking at Ghana’s 61st Independence Anniversary Dinner in Washington DC, USA, at the weekend. …

The Public Interest and Accountability Committee (PIAC) is calling for a bipartisan probe into COPEC’s allegations of a shady crude oil sale by the Bulk Oil Storage and Transportation Company Limited (BOST). The Executive Director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has alleged that the deal has …