BUSINESS NEWS

The National Petroleum Authority (NPA) has refuted assertions in the media that fuel products brought into the country under the Gold-for-Oil programme are more expensive than those brought in from the international market. According to the authority, the Gold-for-Oil fuel products are cheaper than most of the products brought into …

A group of Ghana’s independent power producers has rejected a proposal from the government to include $1.4 billion in arrears as part of the nation’s external debt restructure, while pushing authorities to honor payments that start coming due Friday. The Independent Power Generators of Ghana — an umbrella association known …

Parliament is considering the passing of three new revenue measures into law today March 23, 2023. The Ministry of Finance indicated that the new proposed taxes will increase the country’s domestic revenue by almost GH¢5 billion and also boost the country’s Ghana’s fiscal position. The revenue measures include the Income Tax …

The Ashanti Regional Police Command has confirmed the arrest of 60-year-old Felicia Opoku who is alleged to be the root cause of the Kumasi Kejetia Market fire incident which occurred on 16th March 2023. The suspect was arrested on Tuesday 21st March 2023 after the command of the Ghana National …

  The Global Chamber of Business Leaders (GCBL) has announced the appointment of Her Excellency Laila Rahhal El Atfani as a member of its Board of Advisors.   H.E. Laila Rahhal El Atfani is the Founder and Chief Executive Officer of Business Gate Dubai and I am Africa Platform.   …

  United Bank for Africa (Ghana) Ltd has been recognized by President Nana Akufo-Addo for the distinguished roles it played during the fight to contain the Covid-19 Pandemic. The award was presented at the 2023 National Honours and Awards held at the Accra International Conference Centre. The Bank donated an …

The National Petroleum Authority (NPA) has responded to Fameye’s alleged encounter at an undisclosed filling station where his car was filled with adulterated petrol. Earlier, the highlife singer took to social media to bitterly lament about how his Honda Pilot 2019 model, has since been faulty after it was filled …

The Kejetia market will be reopened for business tomorrow, Tuesday, 21 March 2023, after a fire explosion swept through some 33 shops of the 8,000-shop avenue last week. The reopening was disclosed by Vice President Mahamudu Bawumia when he visited the fire scene in the Ashanti Region. The announcement of …

Opanin Agyemang is a farmer from the Ashanti Region whose arm has been amputated but despite that, he owns three and a half acres of cocoa farm. The farmer had his left hand amputated during his youthful years as a result of an accident he was engaged in. According to …

Government secured GH¢3.88 billion from the sale of treasury bills in its latest auction held on March 10, 2023. This was an oversubscription of the GH¢1.10 billion it was targeting. However, interest rates have dropped significantly to 18%. According to the auction results from the Central Bank, the government secured …