Tuesday, June 28, 2022

Business

Transit trade declines by 23% in first quarter of 2022

Data from the State Insurance Company (SIC), has revealed that transit trade for the first quarter of 2022 decreased by 23 percent compared to the same period in 2021. This was made known by the Head of Transit Bond Guarantee...

Producer Price Inflation rate hits 33.5% in May 2022

By Edzorna Francis Mensah The year-on-year producer inflation for all industries stood at 33.5 percent in May 2022 with a monthly change rate of 3.6 percent. The Manufacturing sub-sector recorded the highest year-on-year producer price inflation rate of 45.0 percent,...

First quarter of 2022 GDP grows by 3.3%

By Edzorna Francis Mensah The Provisional real quarterly Gross Domestic Product (QGDP) growth rate including Oil and Gas, grew 3.3% (year on year) in the first quarter of 2022 compared to 3.6% growth recorded for the same period of 2021. GDP...

Government committed to making Ghana best place for businesses – Veep Bawumia

Vice President (VEEP), Dr. Mahamudu Bawumia, has assured industry players of Government’s commitment to make Ghana the best place for businesses to strive. With the COVID-19 pandemic and the Russia-Ukraine War stifling Global Value Chain, the Vice President said the...

Government to introduce legislation to compel commercial banks in Ghana to give loans to farmers – Agric Minister

By: Franklin ASARE-DONKOH The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto has revealed that the government will soon introduce a Bill to be presented to Parliament for approval that will compel Commercial banks in Ghana to give loans...

Stop table-top selling of Petroleum products- National Petroleum Authority cautions

National Petroleum Authority has advised the public against patronizing fuel being sold on tabletop outlets. According to the Bono Regional Manager of the NPA, Kwadwo Appiah, the quality of petrol and diesel being sold at those outlets can of compromised...

CEO of NABUS Motors adjudged Best Automobile Dealer for 2021

By Ruth Adjorlolo A renowned businessman with over 15 years of experience in the automobile industry, Nana Adu Bonsu, CEO of NABUS Motors has been adjudged Best Automobile Dealer of the year 2021. The ceremony was organized by Autochek, an automotive...

Ghana Tourism Authority to go hard on illegal restaurants, hotels, pubs….operators

Austin Agyenim Boateng The Ghana Tourism Authority GTA is set for a nationwide exercise to clamp down on illegal operators to instill sanity in the tourism sector. The exercise which is to take place on Thursday, June 16, 2022 is meant...

Veep Bawumia optimistic about performance of New Mobile Money Service, Ghana Pay

By Rachel Kakraba Vice President Dr. Mahamudu Bawumia has launched a new payment platform known as GhanaPay. It is a Mobile Money Service provided by Universal banks, Rural banks and Savings and Loans companies to individuals and businesses to solidify...

President Akufo-Addo promises no interference in decision making processes of Development Bank Ghana

By Bright Ntramah President Akufo-Addo has assured the Board and Directors of Development Bank Ghana that the government will not interfere in their decision making process. This, he said will guarantee their independence of operation and enable them to work...

Latest News

Paracetamol is the most abused painkiller- Dr. Nii Lante

By Seli Baisie A Physician Specialist, Dr. Nii Lante Okunka Blankson says the most commonly abused painkiller is paracetamol. This, according...

End your demonstration at 4 pm – Court to Arise Ghana group

By: Franklin ASARE-DONKOH Her Ladyship Comfort Kwasiwor Tasiame has directed Arise Ghana organisers of the #KromAyeShe demonstration to end their public protests at 4 pm...

Ambassador Gambila of Burkina Faso cautions youth against fake promises of greener pastures abroad

Ghana’s Ambassador to Burkina Faso, Boniface Gambila has expressed worry about the youth who get deceived by unknown people to travel to Burkina Faso...

Gabby Asare Otchere Darko laments low returns from E-levy

By: Franklin ASARE-DONKOH Gabby Asare Otchere Darko has bemoaned the low revenue returns from the much-touted Electronic Transfer Levy (E-Levy). In a series of tweets Monday,...

Eggstra-O Campaign roadshow makes a stop in Ho

By Tilda Acorlor The Project Lead of the Eggstra-O Campaign, Ndidi Fordjoe says women and children must eat eggs to grow well and healthy. She...