BUSINESS NEWS
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GCNET loses appeal on workers redundancy package
An Accra High Court has dismissed a legal action by the Ghana Community Network Services Limited (GCNET) at the Labour…
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COCOBOD earmarks US$190 million to pay Licensed Buying Companies
The Food and Agriculture Minister-designate, Dr. Owusu Afriyie Akoto, has disclosed that Cocobod will start paying debts owed to Licensed Buying…
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Gov’t under pressure to get 2021 budget ready on schedule
Finance Minister-designate Ken Ofori-Atta’s two-week trip to the United States necessitated by COVID-19 related health challenges is unavoidably putting the government…
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New blow to competition in Ghana’s telecom industry
Last week, Ghana’s general public were taken by complete surprise by the revelation to Parliament by Minister-designate for Communications and Digitalization, Ursula…
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Makhtar Diop appointed managing director of IFC
Makhtar Diop has been appointed as the managing director and executive vice president to head the International Finance Corporation (IFC), the…
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Aker Energy must be renegotiated – Alex Mould tells gov’t
Alex Mould, the former Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC) has called on the government to…
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FDA issues alert on contaminated pet foods
The Food and Drugs Authority (FDA) has informed the general public about the recall of various brands of Pet Foods manufactured by…
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Containers cannot be stolen at Port – Customs
The Customs Division of the Ghana Revenue Authority on Thursday said Cargo Containers cannot be stolen from the country’s seaports.…
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Barclays reports 38% slide in net profit for 2020
Barclays on Thursday reported a full-year profit of £1.53 billion ($2.11 billion) for 2020, down 38% from 2019 but outstripping analyst…
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Google to invest US$75 million in coronavirus-hit small businesses
Google is teaming up with the European Investment Fund (EIF) and two other organizations in Latin America and Asia to…
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