Business

  • September 23, 2019

    Online Drivers...

    The Online Drivers Union, Ghana has threatened to embark on a one-week-long demonstration over what they described as unfair methods used by the operators to frustrate them. The association said that though there has been an increase in fuel prices, riders continue to enjoy discounts from their app operators which...

  • September 23, 2019

    Amewu, others...

    The 3rd annual African Oil & Gas Conference on  Local Content Sustainability comes off on  October 10,  2019, at Mövenpick Ambassador will be addressed by the Minister of Energy John  Peter Amewu. This national, regional and international oil and gas industry local content experts will gather at the conference, for its...

  • September 23, 2019

    Rising gov’t...

    Governor of the Bank of Ghana, Dr Ernest Addison, has said rising government expenditure and weakened revenue levels are the major threats to the swift stabilisation of the economy. The governor said this when answered questions from Journalists after the Monetary Policy Committee meeting to review the health of the economy...

  • September 23, 2019

    Ghanaian places...

    Ghanaian and final year student of the University of Ghana, Owen Odonkor Adantey came second globally in one of the Association of Chartered Certified Accountant (ACCA)’s flagship Professional level papers- The Strategic Business Leader (SBL). He beat off competition from over 10,000 students who sat for the paper across the...

  • September 22, 2019

    Alex Mould...

    People are saying that the only reason why persons like you and I want to come into ‘power’ is to enrich ourselves, our friends, and our families. People are saying we are all alike and only have our self-interest at heart. People have given up on the Leadership of our...

  • September 21, 2019

    Free Trade...

    The Paramount Chief of Akwamu Traditional Area, Odeneho Kwafo Akoto III, has called on leaders to ensure the African Continental Free Trade Agreement (ACFTA) Agreement benefited people on the Continent. He expressed fears that the Trade Agreement would play into the hands of giant foreign economies instead of the local...

  • September 21, 2019

    Gov’t takes...

    The government has taken over the Great Consolidated Diamond Limited at Denkyembour District of the Eastern Region for breaching the concession agreement with the state. The company will now be known and called Ghana Consolidated Diamond Limited (GCDL). This came to light when the Acting Director-General of State Interest and Governance Authority,...

  • September 21, 2019

    Inflation Hit...

    Ghana Statistical Service (GSS) has indicated that year-on-year August 2019 inflation was 7.8 per cent. The Consumer Price Index (CPI) of GSS, which captured this, said alcoholic beverages, tobacco and narcotic (12.9%) was the key driver of August’s inflation. It also said in August 2019, the differential inflation rate between...

  • September 21, 2019

    Works and...

    The Works and Housing Minister, Samuel Atta Akyea on Friday opened the 2019 edition of the JoyNews Habitat Fair at the Accra International Conference Centre in Accra. The annual Fair which is has been a major housing event in the country will bring together experts and industry players in the housing sector...

  • September 20, 2019

    Newmont Goldcorp...

    Newmont Goldcorp Ghana’s Ahafo Mill Expansion project successfully processed its first ore, the Company has announced, and is on track to achieve commercial production in the fourth quarter of this year. “We are humbled by this milestone and continue to honour the memory of our six colleagues who lost their lives...

  • September 20, 2019

    Producer price...

    The Producer Price Inflation (PPI) rate for August 2019 has reached double digits of 10.2 percent. This rate indicates that between August 2018 and August 2019 (year-on-year), the PPI increased by 10.2 percent,  representing a 1.4 percentage point increase in producer inflation relative to the rate recorded in July 2019 (8.8%).

  • September 18, 2019

    CBG makes...

    The country’s third-largest bank, Consolidated Bank Ghana (CBG) last Tuesday, took a giant step when it offered to support business between Ghana and Singapore. The objective is to foster international trade, as part of the Bank’s plans to be a major player in the industry. In line with its strategy,...

  • September 18, 2019

    Jumia Ghana...

    Ghana’s leading e-commerce platform, Jumia has introduced another variant of the brand, Jumia Mall. The new service is a curated section on Jumia that allows customers to easily identify the official distributors of leading brands on the platform. Customers can now choose to buy directly from their favourite brands and...

  • September 18, 2019

    Incorporate simple...

    Principal Consultant of Mahogany Consult, Esi Asante Antwi, has advised SMEs and Start-ups to incorporate simple public relations (PR) tactics into their business strategies to grow their business and build lasting brands. This is because, “PR enables deeper brand experience and delivers immediate and long term advantage to businesses.” Speaking...

  • September 18, 2019

    Ofori-Atta petitioned...

    The Ghana Anti-Corruption Coalition with 20 other Civil Society Groups have petitioned the Finance Minister Ken Ofori-Atta, for further and better particulars on the over GH¢2bn reportedly saved through the review of sole-sourced and restrictive tendering contracts. The Finance Minister while delivering the 2019 mid-year budget review in Parliament announced...

  • September 18, 2019

    COCOBOD, China...

    GHANA AND China have signed a Memorandum of Understanding (MoU) for the establishment of a cocoa processing factory at Sefwi Wiawso in the Western part of Ghana. The project is projected to be a sino-Africa model as it is going to be the first of its kind in Africa. It...

  • September 17, 2019

    Prices of...

    Gold and silver prices jumped more than 1% on Monday as investors fled to safe-haven assets after an attack on Saudi oil facilities raised concerns over global energy supply and ratcheted tensions in the Middle East. Spot gold jumped 1.27% to $1,507.40 per ounce while U.S. gold futures rose 0.83% to $1,512.1. The gold-backed SPDR Gold...

  • September 17, 2019

    ActionAid calls...

    ActionAid Ghana has called for the promotion of agro-ecology in the Planting for Food and Jobs programme to increase agricultural production in the country. Agro-ecology is a farming system that works in harmony with nature, using cultivation techniques and breeding programmes that do not rely on chemical fertilizers, pesticides or...

  • September 17, 2019

    Nothing wrong...

    The Chief Executive Officer of the Ghana Export Promotion Authority (GEPA) says wearing dreadlocks in a corporate environment must not be condemned so long as these locks are kept clean and tidy. Wearing locks herself, the ‘unconventional’ Afua Asabea Asare argues her locks have nothing to do with her productivity and...

  • September 16, 2019

    PDS debacle...

    A former Chief Executive Officer of Ghana National Petroleum Corporation (GNPC), Alex Mould has questioned why Ghanaians and the media are quiet after the PDS investigation. According to the former Executive Director of the Standard Chartered Bank and finance expert, the facts that had emerged from the FTI report and...

  • September 16, 2019

    Transport fares...

    Transportation fares have been increased by 10 percent. This takes effect from Monday, September 16, 2019. The increment would affect inter-city transports, popularly known as Trotro, long-distance vehicles as well and shared taxes. The new fares were arrived at after consultations between the Ghana Private Road Transport Union (GPRTU), the Ghana Road Transport...

  • September 15, 2019

    African Development...

    The African Development Bank (AfDB) has launched and priced a $2 billion three-year Global Benchmark bond due 16 September 2022, its first dollar benchmark of the year. Launched on September 11, the bond issue is the Bank’s second Global Benchmark of 2019, following a EUR 1 billion 10-year priced in March 2019....

  • September 15, 2019

    Stakeholders advocate...

    Stakeholders in the Micro, Small and Medium-size Enterprises (MSME) have called for special interest rates to apply for businesses owned by women to ensure easy access to funds to improve on their operations They argued that demands for land or landed property as collateral for loans for businesses owned by...

  • September 14, 2019

    COCOBOD Signs...

    The Ghana Cocoa Board (COCOBOD) has signed a syndicated loan amount of $1.3 billion for the 2019/2020 crop season. The signing ceremony took place in Paris, France, on Friday, September 13, 2019 and was streamed live to journalists in Accra. For the 2019/2020, a total of 24 banks are involved.

  • September 14, 2019

    Criminal investigations...

    The Bank of Ghana (BoG) has forwarded the Sibton Switch case to the relevant government agencies for criminal investigations. JoyBusiness understands all the necessary documents covering investigations done by the central bank would be handed over to the necessary security agency for criminal investigations and prosecution. The central bank on Friday dismissed...

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