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Tullow exits Uganda project, sells stake to Total for $575m
Tullow Oil said that Total has agreed to buy its entire stake in their joint onshore oil fields in Uganda for $575 million as part of its...
Apr 23, 20202 min read
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3 businesses you should consider right after the coronavirus war is won
Ghana is on a partial lockdown and most businesses have ceased. Life has almost come to a standstill. A virus we cannot see is...
Apr 7, 20204 min read
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Manufacturers of sanitizers blame price increases to high cost of inputs
Some local manufacturers of hand sanitizers have attributed the increases of the prices of the product to high cost in raw materials and...
Mar 20, 20202 min read
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COVID-19: Cedi loses marginal grounds to dollar but appreciates 3.47%
Despite the rising number of COVID-19 cases across the globe, the Ghana cedi appears to be still doing better against the major foreign...
Mar 19, 20201 min read
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GCAA estimates 20% revenue loss due to coronavirus pandemic
The Ghana Civil Aviation Authority (GCAA) has projected 20 per cent drop in revenues in the wake of the coronavirus pandemic. So far...
Mar 17, 20202 min read
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Ghana likely to be caught in overspending quagmire – Economist
The Fiscal Responsibility Act and the establishment of the Fiscal Council may not prevent the usual overspending that characterizes an...
Jan 8, 20202 min read
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Nigeria studying ECO move by Francophone West Africa – Minister
Nigeria says it is studying the currency changes ringing through the West African region and that it will respond in due course. A...
Dec 31, 20191 min read
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GRA impounds trucks with no proper tax documentation
The Ghana Revenue Authority (GRA) Taskforce has impounded vehicles carrying goods along the Nsawam stretch without proper tax documents....
Dec 31, 20192 min read
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We won’t abandon 1D1F projects but…- Mahama
The flagbearer of the opposition National Democratic Congress has promised not to abandon President Nana Akufo-Addo’s projects if voted...
Dec 24, 20192 min read
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Regularize activities of small-scale miners – Union
The Mineworkers’ Union has called on government to expedite efforts at regularizing the activities of small scale miners and expand the...
Dec 21, 20192 min read
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The $20 trillion threat that could trigger next financial meltdown
Trillions of dollars of market value could go up in smoke due to climate change. The damage hits the global economy in multiple ways. The...
Dec 11, 20193 min read
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Total exposures of banks to securities industry amount to ¢839.42m
The Pension Industry’s exposure to banks is approximately GH¢863.63 million, this was contained in Finance Minister’s Memorandum to...
Dec 11, 20192 min read
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Ashanti region gets first meat factory
Ghana’s dream of having a meat factory that meets health and nutritional standards appears to have been reignited with the setting up of...
Nov 17, 20193 min read
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Stop measuring success by Mahama’s weak legacy – Prof Bokpin to Akufo-Addo
Like Charles Dickens’ Oliver Twist, a Professor in finance and economics at the University of Ghana, Legon, has asked for more from the...
Nov 14, 20192 min read
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Accra to have first sky train station in August
The concession agreement for the construction of the Accra Sky Train Project has been signed on the sidelines of the ongoing African...
Nov 11, 20192 min read
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Nigeria’s borders to remain closed until end of January
The Government of Nigeria has extended the closure of its borders till January 31, 2020. This was contained in a memo signed by...
Nov 4, 20191 min read
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Rural banks cry out to government to reduce 25% income tax
The Association of Rural Banks (ARB) has reiterated its call on the government to reduce the 25 per cent Corporate Income Tax imposed on...
Oct 30, 20192 min read
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Approving Aker’s resubmitted PoD will haunt future gov’ts – Alex Mould
A former Chief Executive of the Ghana National Petroleum Corporation (GNPC)Â has raised alarm about the entire integrated Plan of...
Oct 30, 20193 min read
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We’ll reduce losses, improve service quality in energy sector – Ofori-Atta
Government says it is hopeful the country’s energy sector will witness improved efficiency when ongoing reviews in the sector are...
Oct 30, 20193 min read
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Farmers under PFJs urged to form groups to get loans
Farmers registered under the Planting for Food and Jobs (PFJs) have been called to form associations or groups to enable them to access...
Oct 18, 20191 min read
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