Business
NPA blames fuel increment on subsidy removals
July 14, 2014
NPA blames fuel increment on subsidy removals
The 23% increment in the price of fuel could have been prevented if the fuel subsidies had remained in place, the…
Power grid to be set up for West Africa – Mahama reveals
July 14, 2014
Power grid to be set up for West Africa – Mahama reveals
President John Mahama has revealed that the National Electricity Companies in West Africa are seeking to establish a reliable power…
Over half of China's foreign aid goes to Africa
July 10, 2014
Over half of China's foreign aid goes to Africa
More than half of China’s foreign aid of over $14 billion between 2010 and 2012 was directed to Africa, the…
President breaks ground for €60 million cement plant in Tema
July 9, 2014
President breaks ground for €60 million cement plant in Tema
President John Dramani Mahama broke ground for commencement of work on a €60-million cement plant in the Tema Free Zone…
Singapore eyeing Ghana's real estate sector
July 9, 2014
Singapore eyeing Ghana's real estate sector
The Singapore Government is considering investing some of its foreign reserves into Ghana’s real-estate sector. If this becomes a reality,…
NPA, BDCs call for debate on fuel subsidies
July 4, 2014
NPA, BDCs call for debate on fuel subsidies
The National Petroleum Authority (NPA) and Bulk Oil Distribution Companies (BDCs) are calling for the reopening of debate to scrap subsidies…
BDCs release fuel
July 3, 2014
BDCs release fuel
Bulk Distribution Companies (BDCs) have released a week’s stock of petrol and diesel to the market to mitigate the acute…
VAT on financial services suspended
July 3, 2014
VAT on financial services suspended
The 17.5% tax on selected banking and other financial services, including closure of accounts, online banking, mobile banking and sale of cheque…
Gov’t stops Tema Oil Refinery demo
July 1, 2014
Gov’t stops Tema Oil Refinery demo
A demonstration by three labour unions in Tema was averted after the government’s Chief of Staff, Prosper Douglas Bani, intervened. Tema…
Drivers left 'high and dry' as fuel dries up
June 25, 2014
Drivers left 'high and dry' as fuel dries up
Drivers have complained of a severe petrol shortage in some parts of Accra. Some fuel stations in Adabraka, Ridge, Osu, Kokomlemle…