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Business

Business

Accra Mall to introduce Family Club

Ghana’s first large-scale mall, Accra Mall, is set to launch a new loyalty club to give families an enthralling shopping experience at the mall on Saturday, 23 March 2019. Dubbed: ‘Family Club,’ it’s a free club aimed at giving parents and their children a number of fun activities to enjoy at the popular shopping destination. […]Read More
Business

Gov’t firms up deals for agriculture mechanization, Yendi water projects

Government has reached final agreements with the India Export-Import (EXIM) Bank for the take-off of financing arrangements to improve agricultural mechanization services in farming communities across the country and provide water for the inhabitants of Yendi and its surrounding towns and villages. This was made known after a meeting between officials of EXIM Bank of […]Read More
Business

Do you consume more data on 4G?

It is a question that always comes up in any country that has implemented and deployed 4G technology. Now, in the wake of Vodafone’s impending 4G launch on March 19, 2019, this crucial question has been popping up on the telecom company’s social media platforms. A curious me set out to research into this and […]Read More
Business

Currency speculators move in on cedi

As widely expected by financial markets analysts, currency trading speculators are increasingly taking trading positions against the cedi in an effort to reap quick profits from the national currency’s ongoing sharp depreciation. Despite the unexpected rebound of the cedi towards the end of last week – the currency gained some three percent against the United […]Read More
Business

Akufo-Addo Signs Ghana Civil Aviation Bill

President Nana Addo Dankwa Akufo-Addo has assented to the Ghana Civil Aviation (Amendment) Bill to become Act 985 (2019). The Amendment of the Ghana Civil Aviation Act 906 (2016) is to address the various deficiencies raised by the International Civil Aviation Organisation (ICAO) with respect to the Aviation sector. The New Act, thus, empowers GCAA […]Read More
Business

Time to invest in Africa is now – Bawumia

Vice President, Dr Mahamudu Bawumia, has challenged investors to constructively engage their African counterparts as the governments and peoples of the continent gear up to take their destinies in their own hands and assume their rightful places in the comity of nations. According to Dr Bawumia, “Africa is on the move; a continent eager to […]Read More
Business

Cabinet approves Downstream Petroleum policy

Cabinet has approved a Policy on Ghanaian content and Participation in the Downstream Petroleum Industry in Ghana. The Policy is intended to ensure a Ghanaian-driven and Ghanaian owned petroleum downstream industry capable of attracting increased local value-added investments and enhanced Job opportunities as well as indigenous knowledge, expertise and technology in the Read More
Business

Ghana gets 40m Euro facility from EU

Ghana has signed a 40 million euro facility grant with the European Union aimed at promoting investments and job creation. This was announced by the Information Minister at a press briefing on Sunday. This financing agreement is the last programme to be signed from Ghana’s indicative allocation of 323 million Euros under the 11th European […]Read More
Business

TOR workers want Board, MD removed

Some concerned workers of the Tema Oil Refinery (TOR) have appealed to President Nana Addo Dankwa Akufo-Addo to remove its Board of Directors and Managing Director for allegedly mismanaging the place. The workers, who pleaded anonymity for fear of victimization, in a document made available to the Ghana News Agency, stated that for more than […]Read More
Business

Cabinet approves Downstream Petroleum policy

Cabinet has approved a Policy on Ghanaian content and Participation in the Downstream Petroleum Industry in Ghana. The Policy is intended to ensure a Ghanaian-driven and Ghanaian owned petroleum downstream industry capable of attracting increased local value-added investments and enhanced Job opportunities as well as indigenous knowledge, expertise and technology in the Read More
Business General

Power outages due to rainstorm – PDS

Power Distribution Services (PDS) Ghana has attributed interruptions and outages in the electricity distribution system to a “massive rainstorm” that hit the country in the early hours of Sunday, March 17, 2019. The PDS in a statement said the rainstorm that hit Accra and other parts of the country uprooted trees and brought down billboards […]Read More
Business

PURC to sanction PDS over power outages

The Public Utilities and Regulatory Commission (PURC) has said it will sanction Power Distribution Services (PDS) Ghana if it finds that the recent power outages breach its service delivery guidelines. Mami Dufie Ofori, Executive Secretary, said the Commission is closely monitoring the development and will initiate investigations into the outages to ascertain the real Read More