Category: BUSINESS
Cedi remains under pressure despite BoG’s intervention; one dollar going for GHS12.40 at forex bureaus
The cedi remained under pressure over the two-week review period, driven largely by heightened demand pressures.
In the interbank market, the cost [...]
SSNIT rejects pension sustainability fears after new actuarial report
The Director-General of the Social Security and National Insurance Trust (SSNIT), Kwesi Afreh Biney, has sought to allay growing concerns about the fu [...]
MoFA challenges Finance Ministry’s GHS1.6bn budget release claim; demands transparency
A fresh dispute has emerged within the John Mahama administration over the release of funds to the Ministry of Food and Agriculture (MOFA), exposing g [...]
Turkish firm AKSA to build 900MW combined cycle power plant in Takoradi
Turkish power generation company AKSA is set to commence the construction of a 900MW combined cycle power plant in Takoradi in Ghana’s Western Region. [...]
Bank of Ghana dismisses reports of planned sale of new headquarters
The Bank of Ghana (BoG) has firmly denied reports suggesting that it is considering the sale of its newly constructed headquarters, describing the cla [...]
Consumer Advocate backs planned 20% transport fare increase, urges Gov’t not to interfere
As debate intensifies over the planned 20 percent increase in public transport fares across Ghana, the West Africa Director of CUTS International, App [...]
CUTS International backs BoG over suspension of MTN MoMo transfer charges
CUTS International Accra has commended the Bank of Ghana for intervening to suspend the proposed 0.75 percent wallet-to-bank transfer fee announced by [...]
BoG pushes for local processing of gold, cocoa, oil to rescue collapse economy
Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has thrown strong support behind calls for aggressive local processing of Ghana’s natural res [...]
EU slaps €200m fine on Temu over sale of unsafe, illegal products
In a decision announced on Friday, the Commission said its investigation found that consumers across the European Union are highly likely to encounter [...]
Exceptional TOR MD Honoured for Outstanding Public Sector Leadership at 10th Ghana CEOs Summit
The Managing Director of the Tema Oil Refinery (TOR), Lawyer Edmond Kombat, has been recognised for his transformative leadership at the state-owned r [...]