30.2 C
Accra
Tuesday, December 3, 2024

Business

HomeBusiness

Expect more fuel price increases over cedi woes Energy Institute

The Executive Director of the Institute of Energy Security (IES), Paa Kwesi Anamoah Sakyi, has warned that fuel prices at the pump will continue to go up until the cedi stabilizes. According to him,...

Expect more fuel price increases over cedi woes Energy Institute

The Executive Director of the Institute of Energy Security (IES), Paa Kwesi Anamoah Sakyi, has warned that fuel prices at the pump will continue to go up until the cedi stabilizes. According to him,...

Omnibank, Sahel Sahara to spend GH¢1.2m on merger

It will cost about one million cedis to complete the merger between Omnibank and Sahel Sahara bank. This is the information available to Citi Business News from management of the two banks. The disclosure...

Omnibank, Sahel Sahara to spend GH¢1.2m on merger

It will cost about one million cedis to complete the merger between Omnibank and Sahel Sahara bank. This is the information available to Citi Business News from management of the two banks. The disclosure...

GN, Premium and Heritage in merger talks

GN Bank is currently in talks to merge with Premium and Heritage Bank, Joy Business sources reveal. The sources say a formal communication about the proposed merger was sent to the Bank of Ghana...

GN, Premium and Heritage in merger talks

GN Bank is currently in talks to merge with Premium and Heritage Bank, Joy Business sources reveal. The sources say a formal communication about the proposed merger was sent to the Bank of Ghana...

Bank crisis: Your deposits are safe UniCredit to customers

The Management of uniCredit has called on its customers to remain calm and ignore rumours that the firm is facing challenges following the consolidation of its sister company uniBank- with others into the...

Bank crisis: Your deposits are safe UniCredit to customers

The Management of uniCredit has called on its customers to remain calm and ignore rumours that the firm is facing challenges following the consolidation of its sister company uniBank- with others into the...

Assist Ghana to showcase its innovations – Ursula lures investors

Minister for Communication, Ursula Owusu-Ekuful has called on the International Telecommunications Union (ITU) and investors to assist Ghana and other nations to showcase innovations taking place in their countries. Read: Akufo-Addo woos Chinese investors...

Assist Ghana to showcase its innovations – Ursula lures investors

Minister for Communication, Ursula Owusu-Ekuful has called on the International Telecommunications Union (ITU) and investors to assist Ghana and other nations to showcase innovations taking place in their countries. Read: Akufo-Addo woos Chinese investors...

Shares of new home-based carrier to be listed on Stock Exchange

The Aviation Minister has disclosed that about 10-15 percent government shares in the Nations home-based carrier may be listed pn the stock exchange market upon establishment of the airline. Kofi Ada's comments come as...

Shares of new home-based carrier to be listed on Stock Exchange

The Aviation Minister has disclosed that about 10-15 percent government shares in the Nations home-based carrier may be listed pn the stock exchange market upon establishment of the airline. Kofi Ada's comments come as...

Cyber crime rises but industry recovers GH¢160m in 2017

An estimated 80% of the value of all cyber fraud cases was recovered in 2017, the Bank of Ghana has stated. However, instances of cyber fraud continue to rise as the figure went up...

Cyber crime rises but industry recovers GH¢160m in 2017

An estimated 80% of the value of all cyber fraud cases was recovered in 2017, the Bank of Ghana has stated. However, instances of cyber fraud continue to rise as the figure went up...

Contractors shun Ghanaian tile installers for Togolese artisans [Audio Report]

Ghanaian tile installers have bemoaned the growing competition they face from Togolese residents in the country. The installers say their job is being threatened by the Togolese as they are preferred over them due...

Contractors shun Ghanaian tile installers for Togolese artisans [Audio Report]

Ghanaian tile installers have bemoaned the growing competition they face from Togolese residents in the country. The installers say their job is being threatened by the Togolese as they are preferred over them due...

Nearly GHS700m debt stifles GRIDCo power transmission

Power transmitter, Ghana Grid Company (GRIDCo) is struggling to operate due to the failure of as many as 39 companies to pay for services provided. The Electricity Company of Ghana (ECG) is one of...

Nearly GHS700m debt stifles GRIDCo power transmission

Power transmitter, Ghana Grid Company (GRIDCo) is struggling to operate due to the failure of as many as 39 companies to pay for services provided. The Electricity Company of Ghana (ECG) is one of...

Kantanka automobile to benefit from same incentives as VW

The Senior minister has said local automobile company, Kantanka will benefit from the same government incentives to be given to the Volkswagen. Yaw Osafo-Marfo said government is keen on protecting the local manufacturing...

Kantanka automobile to benefit from same incentives as VW

The Senior minister has said local automobile company, Kantanka will benefit from the same government incentives to be given to the Volkswagen. Yaw Osafo-Marfo said government is keen on protecting the local manufacturing...

Labour Ministry intervenes in layoffs at Consolidated Bank

The Employment and Labour Relations Minister, Ignatius Baffour Awuah has stated that he will by the end of the week meet with stakeholders and workers of the Consolidated Bank alongside some labour unions to...

Labour Ministry intervenes in layoffs at Consolidated Bank

The Employment and Labour Relations Minister, Ignatius Baffour Awuah has stated that he will by the end of the week meet with stakeholders and workers of the Consolidated Bank alongside some labour unions to...

BoG reduces cash in circulation with re-opened bonds

The Bank of Ghana (BoG) could be mopping up excess liquidity in the economy with the re-opening of three Government of Ghana bonds. By this, the central bank is seeking to reduce money in...

BoG reduces cash in circulation with re-opened bonds

The Bank of Ghana (BoG) could be mopping up excess liquidity in the economy with the re-opening of three Government of Ghana bonds. By this, the central bank is seeking to reduce money in...

100 people to benefit from free coding training with Codewit

Codewit is joining the list of educational platforms to offer free coding training and opportunities for 100 people who dare to dream big and aspire for a better life through technology. According to the...

100 people to benefit from free coding training with Codewit

Codewit is joining the list of educational platforms to offer free coding training and opportunities for 100 people who dare to dream big and aspire for a better life through technology. According to the...

Volkswagen signs MoU with Government of Ghana

Thomas Schaefer, Head of the Sub-Saharan Region and the Honorable Minister of Trade and Industry, Alan Kyerenmaten of Ghana signed a Memorandum of Understanding (MOU) in the presence of Angela Merkel, Chancellor of Germany...

Volkswagen signs MoU with Government of Ghana

Thomas Schaefer, Head of the Sub-Saharan Region and the Honorable Minister of Trade and Industry, Alan Kyerenmaten of Ghana signed a Memorandum of Understanding (MOU) in the presence of Angela Merkel, Chancellor of Germany...

GNPC staff defend KK Sarpong over $7.5m Global Haulage property

The Ghana National Petroleum Corporation (GNPC), has refuted any wrongdoing following media reports that, there was a conflict of interest on the part of its CEO on the residential apartments acquired in Takoradi. The...

GNPC staff defend KK Sarpong over $7.5m Global Haulage property

The Ghana National Petroleum Corporation (GNPC), has refuted any wrongdoing following media reports that, there was a conflict of interest on the part of its CEO on the residential apartments acquired in Takoradi. The...

Petroleum Commission, 40 companies participate in ONS 2018[photos]

The Petroleum Commission is currently leading 4o companies to participate in the Offshore North Sea Conference in Stavanger Norway. Read: Petroleum Commission unbundles contracts to check fronting in upstream industry The companies are made...

Petroleum Commission, 40 companies participate in ONS 2018[photos]

The Petroleum Commission is currently leading 4o companies to participate in the Offshore North Sea Conference in Stavanger Norway. Read: Petroleum Commission unbundles contracts to check fronting in upstream industry The companies are made...

GNPCs $7.2m Takoradi office was deemed unfit Bawa reveals

The Member of Parliament for Bongo and former Communications consultant for the Energy ministry Edward Bawa has disclosed that the newly purchased $7.2 million office complex by the Ghana National Petroleum Commission at Takoradi...

GNPCs $7.2m Takoradi office was deemed unfit Bawa reveals

The Member of Parliament for Bongo and former Communications consultant for the Energy ministry Edward Bawa has disclosed that the newly purchased $7.2 million office complex by the Ghana National Petroleum Commission at Takoradi...

GNPC buys $7.5m property from CEO’s former company

Documents available to Joy FM indicate the Chief Executive of Ghana National Petroleum Corporation (GNPC) last year ordered an urgent transfer of $7.5 million to a company he once worked for. The amount was...

GNPC buys $7.5m property from CEO’s former company

Documents available to Joy FM indicate the Chief Executive of Ghana National Petroleum Corporation (GNPC) last year ordered an urgent transfer of $7.5 million to a company he once worked for. The amount was...

Panic withdrawals trigger staff layoffs

Some financial institutions and savings and loans companies have started closing down some of their subsidiaries which have little staff strength. This is to forestall the effects of panic withdraws which they foresee could...

Panic withdrawals trigger staff layoffs

Some financial institutions and savings and loans companies have started closing down some of their subsidiaries which have little staff strength. This is to forestall the effects of panic withdraws which they foresee could...

Excess staff of Consolidated Bank to get alternative jobs

Deputy Finance Minister, Charles Adu Boahen has disclosed of an ambitious plan by the government to address issues of redundancy with the consolidation of five local banks. He explains that the government is working...

Excess staff of Consolidated Bank to get alternative jobs

Deputy Finance Minister, Charles Adu Boahen has disclosed of an ambitious plan by the government to address issues of redundancy with the consolidation of five local banks. He explains that the government is working...

NPA clears Globex Energy over tax evasion

The National Petroleum Authority (NPA) has cleared Globex Energy Limited to do business in all petroleum downstream activities. Earlier in a press release, the NPA suspended Globex Energy Limited together with other oil companies...

NPA clears Globex Energy over tax evasion

The National Petroleum Authority (NPA) has cleared Globex Energy Limited to do business in all petroleum downstream activities. Earlier in a press release, the NPA suspended Globex Energy Limited together with other oil companies...

Government called upon to employ AEAs

Mr Francis Essuman, the Northern Regional Coordinator of the USAID Advance project has called on the government to employ more Agriculture Extension Agents (AEAs) to support the small farmers to improve on agriculture. He...

Government called upon to employ AEAs

Mr Francis Essuman, the Northern Regional Coordinator of the USAID Advance project has called on the government to employ more Agriculture Extension Agents (AEAs) to support the small farmers to improve on agriculture. He...

Nduom blames botched GN Bank merger on breach of confidentiality

CEO of GN Group of companies, Dr Papa Kwesi Nduom, has stated that the reason for pulling out of an initial merger that was supposed to take place between GN Bank, Sahel Sahara and...

Nduom blames botched GN Bank merger on breach of confidentiality

CEO of GN Group of companies, Dr Papa Kwesi Nduom, has stated that the reason for pulling out of an initial merger that was supposed to take place between GN Bank, Sahel Sahara and...

Mobile money tax may still happen in future Govt hints

Government appears to have shelved its plan to tax mobile money transactions by deferring it. According to a Deputy Minister of Finance, Kwaku Kwarteng, “government has not made a decision in the coming budget...

Mobile money tax may still happen in future Govt hints

Government appears to have shelved its plan to tax mobile money transactions by deferring it. According to a Deputy Minister of Finance, Kwaku Kwarteng, “government has not made a decision in the coming budget...

Inflation for July drops to 9.6%

The inflation rate for July 2018 declined to 9.6% compared with the rate of 10% recorded in June this year. The monthly change rate in July 2018 was 0.4%, compared with the rate of...

Inflation for July drops to 9.6%

The inflation rate for July 2018 declined to 9.6% compared with the rate of 10% recorded in June this year. The monthly change rate in July 2018 was 0.4%, compared with the rate of...

Must read