Tullow Ghana Lays off 10% of its Workforce
Tullow Ghana has laid off ten percent of its workforce this year due to restructuring. Speaking to GBC24 Business News when the company took its turn at the Facts Behind the Figures Forum in Accra, the Managing Director of Tullow Ghana, Kweku Awotwi said the downsizing focused largely on the cost factor. He explained that […]
Trump sharpens attack on Federal Reserve
US President Donald Trump has sharpened his attacks on the Federal Reserve, saying it posed the biggest risk to the US economy. He also targeted Fed chairman Jerome Powell, telling the Wall Street Journal he seemed “happy” to be raising interest rates. Mr. Trump has repeatedly criticized the US central bank for raising interest rates. […]
Japanese Nano Technology Company to establish plant in Ghana
The Ghana Standard Authority (GSA), is collaborating with Japanese Company, M-TechX International to initiate standardisation and commercialisation of Nano Technology across all industries in Ghana and Africa. The Technology involves the use of fibre for oil and gas and medical cleaning. Speaking to Business News at the launch of its warehouse in Accra, the Business […]
Court strikes out name of one defendant in defunct uniBank case
An Accra High Court hearing the case between the receiver of defunct UniBank, Nii Amanor Dodoo and shareholders of the bank has struck out the name of one of the defendant, Clifford Duke Mettle. Mr. Mettle was an executive director of uniBank until the Bank of Ghana revoked its license this year. The action, according […]
