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Category: Business

Cedi depreciated by 19.1% to dollar in January 2023 – BoG
Business Economy

Cedi depreciated by 19.1% to dollar in January 2023 – BoG

Michael Afriyie January 30, 2023

The Ghana cedi has depreciated by a substantial 19.1 per cent to the US dollar this January [2023]. According to the Summary of Economic and Financial Data from the Bank of Ghana seen by Graphic…

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Bawumia Charges Africa  Business Gurus To Invest In smart Infrastructure
Business Latest

Bawumia Charges Africa Business Gurus To Invest In smart Infrastructure

Michael Afriyie January 26, 2023

The Vice-President, Dr Mahamudu Bawumia has urged the African Business community to prioritise investment in smart infrastructure in a bid to fast-track industrialization on the continent. According to him, “There is the need for smart…

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Retail customers to be paid with COCOBOD’s deposits over cocoa bills default
Business

Retail customers to be paid with COCOBOD’s deposits over cocoa bills default

Michael Afriyie January 23, 2023

Retail customers not interested in a rollover of their cocoa bills would now be paid using COCOBOD’s deposits at the banks.  That’s the agreement reached among the Bank of Ghana, Ghana Cocoa Board (COCOBOD) and…

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Maltese Minister of Foreign Affairs and Trade pays a working Visit to the NLA
Business News

Maltese Minister of Foreign Affairs and Trade pays a working Visit to the NLA

Michael Afriyie January 22, 2023

The Maltese Minister of Foreign, European Affairs and Trade, Dr Ian Borg, has assured that his country remains committed to enhancing the partnership it enjoyed with Ghana and the National Lottery Authority (NLA) for the…

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Suspend some expenditures; you don’t need IMF to tell you that – Assibey-Yeboah tells govt
Business

Suspend some expenditures; you don’t need IMF to tell you that – Assibey-Yeboah tells govt

Michael Afriyie January 17, 2023

Chair of the Finance Committee in the 7th Parliament, Dr Mark Assibey-Yeboah has told the government to suspend financing some of its projects such as the Planting For Food and Jobs (PFJ) initiative in the midst of…

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40,000 Tonnes of Gold for Oil Arrives on Sunday
Business Latest News

40,000 Tonnes of Gold for Oil Arrives on Sunday

Michael Afriyie January 13, 2023

The Government of His Excellency Nana Addo Dankwa Akufo-Addo’s quest to ensure that Ghanaians are spared of any astronomical hikes in fuel prices henceforth, has yielded fruits. Ghana, under the initiative of the Vice President,…

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The 1D1F initiative is Prez. Akufo-Addo’s own policy
Business Politics

The 1D1F initiative is Prez. Akufo-Addo’s own policy

Michael Afriyie January 13, 2023

We have heard recently about a claim being made by Alan Kyerematen to the effect that the One District, One Factory initiative is his brainchild. The former Trade and Industry by Minister and his team…

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Ghana to pay more for IMF bailout
Business Latest

Ghana to pay more for IMF bailout

Michael Afriyie January 10, 2023

Ghana will have to pay more for an International Monetary Fund (IMF) programme after the Bretton Woods institution recently hiked its interest rate on Special Drawing Rights (SDR) from 0.8 per cent to 2.99 per…

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First consignment of affordable fuel expected to arrive next week – Mireku Duker
Business Latest TOP STORIES

First consignment of affordable fuel expected to arrive next week – Mireku Duker

Michael Afriyie January 10, 2023

Petroleum consumers eagerly awaiting the arrival of affordable fuel from the United Arab Emirates would have to wait a bit longer. Despite assurances by the Deputy Energy Minister, Andrew Egyapa Mercer that the initial consignment…

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Ken Ofori-Atta takes over from Alan Kyeremanten as caretaker Trade Minister
Business Politics

Ken Ofori-Atta takes over from Alan Kyeremanten as caretaker Trade Minister

Michael Afriyie January 7, 2023

President Nana Addo Dankwa Akufo-Addo has appointed the Minister of Finance, Ken Ofori-Atta, as the caretaker Minister for the Ministry of Trade and Industry. That was after the President had accepted the resignation letter of Alan…

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