BUSINESS NEWS
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Akufo-Addo orders NLA boss to proceed on retirement; sacks deputy
The President, Nana Addo Dankwa Akufo-Addo has ordered the Director-General of the National Lottery Authority, Mr. Kofi Osei Ameyaw to…
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Inflation rate for February 2021 rises slightly to 10.3%
The year-on-year inflation rate rises to 10.3% in February 2021 compared to 9.9%, the previous month, the Ghana Statistical Service (GSS) has said.…
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Tullow records US$1.23bn loss in 2020
Oil giant, Tullow Oil, registered a loss of US$1.23 billion last year, driven by non‐cash exploration write‐offs and impairments, according…
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AfDB named world’s best multilateral financial institution for 2021
Global Finance has named the African Development Bank (AfDB) the best multilateral financial institution in the world, global recognition of…
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National Development Bank to support businesses – Nana Addo
President Nana Addo Dankwa Akufo-Addo says the establishment of the National Development Bank under the Ghana CARES programme, is to provide…
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IES blames power outages on GRIDCo’s financial challenges
The Institute for Energy Security (IES), a think tank, has blamed the recent power outages on poor maintenance and upgrade…
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My new task as Energy Minister won’t be easy – NAPO acknowledges
Ghana’s Energy Minister Dr. Mathew Opoku Prempeh has acknowledged that his latest challenge as Energy Minister will not be an…
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Internet fraud on the rise amid coronavirus
The COVID-19 pandemic has led people to use the Internet on a high scale. Be it for studies, work, or entertainment,…
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Government to raise $5 billion to support 2021 budget
The government of Ghana has commenced processes to raise $5 billion from the international capital markets to support growth-oriented expenditures…
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Sachet water producers correct price adjustment anomalies
The National Association of Sachet And Packaged Water Producers (NASPAWAP) has issued a press statement to correct anomalies in a…
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