Business

Akufo-Addo commissions 330kv Kumasi-Bolgatanga power transmission project

Akufo-Addo commissions 330kv Kumasi-Bolgatanga power transmission project

President Nana Addo Dankwa Akufo-Addo, on Sunday, 16th October 2022, commissioned the 330 kilovolt Kumasi to Bolgatanga Transmission Line Project, at…
Cedi slumps to world’s worst performer amid IMF talks

Cedi slumps to world’s worst performer amid IMF talks

Ghana’s cedi slumped to become the world’s worst-performing currency this year as investors continued to squeeze foreign capital to the…
Economist calls for reforms at TOR, BOST over hikes in petroleum prices

Economist calls for reforms at TOR, BOST over hikes in petroleum prices

Economist and Political Risk Analyst, Dr. Theo Acheampong is pushing for sweeping reforms at the Tema Oil Refinery (TOR) and…
Unpaid contractors to take legal action against gov’t

Unpaid contractors to take legal action against gov’t

The Ghana Chamber of Construction Industry has threatened to take legal action against government, for failing to pay over 10…
Banks, financial institutions without digital transformation strategy are behind – 2nd Dep Governor

Banks, financial institutions without digital transformation strategy are behind – 2nd Dep Governor

Second Deputy Governor of the Bank of Ghana (BoG) Elsie Addo Awadzi has indicated that at this rate, any financial institution that…
19 Sub-Saharan African countries in debt distress or high risk of distress – IMF

19 Sub-Saharan African countries in debt distress or high risk of distress – IMF

19 of the Sub-Saharan Africa region’s 35 low-income countries are in debt distress or at high risk of distress, the…
$330m Boankra inland port to be completed by March 2024

$330m Boankra inland port to be completed by March 2024

President Nana Addo Dankwa Akufo-Addo, has been assured that the US$330 million Boankra Integrated Logistics Terminal project, popularly referred to as…
OmniBSIC Bank in impressive profit streak run; records GH¢36.9m in 3rd quarter

OmniBSIC Bank in impressive profit streak run; records GH¢36.9m in 3rd quarter

OmniBSIC Bank has extended its profitability by one more quarter, in an impressive streak of gains that have now become…
Forecasts about global and African economies for 2023 very worrying – Oppong Nkrumah

Forecasts about global and African economies for 2023 very worrying – Oppong Nkrumah

Information Minister Kojo Oppong Nkrumah has said that the International Monetary Fund (IMF) forecasts about global and African economies for 2022 and…
GPRTU targets 30% to 40% increase in transport fares after fuel price hikes

GPRTU targets 30% to 40% increase in transport fares after fuel price hikes

The Ghana Private Road Transport Union (GPRTU) is targeting a 30 percent to 40 percent increase in transport fares following…
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