Local Business

“Otabil assures: Bank of Ghana is not bankrupt”

“Otabil assures: Bank of Ghana is not bankrupt”

The Director of Communications at the Bank of Ghana, Bernard Otabil, has clarified that central banks worldwide have incurred losses…
“Wood Shortage Looms as 75 Local Timber Firms Shut Down”

“Wood Shortage Looms as 75 Local Timber Firms Shut Down”

Ghana’s timber industry is facing a severe crisis, with 75 out of 100 local manufacturing companies collapsing due to the…
“Government Reorganizes $1 Billion Debt to Independent Power Producers”

“Government Reorganizes $1 Billion Debt to Independent Power Producers”

The Government of Ghana has achieved a significant milestone in its energy sector reform efforts by successfully restructuring $1 billion…
“CUTS Int’l: Enforce Competition Law, Not Price Control”

“CUTS Int’l: Enforce Competition Law, Not Price Control”

Appiah Kusi Adomako, Director of CUTS International (West Africa), has criticized Minister for Trade and Industry, Kobina Tahir Hammond’s approach…
“Plastic Industry Sounds Alarm on ‘Devastating’ 5% Tax Impacts”

“Plastic Industry Sounds Alarm on ‘Devastating’ 5% Tax Impacts”

The Ghana Plastic Manufacturers Association (GPMA) has sounded the alarm on the devastating economic consequences of the newly introduced 5%…
“Tema and Takoradi Ports Slip in Global Container Port Performance Index for 2023”

“Tema and Takoradi Ports Slip in Global Container Port Performance Index for 2023”

The latest Container Port Performance Index (CPPI) report for 2023 has raised concerns about the performance of Ghana’s major ports,…
“IMANI CEO Urges Finance Minister to Invest $2bn Savings from Creditor Negotiations in Economic Growth”

“IMANI CEO Urges Finance Minister to Invest $2bn Savings from Creditor Negotiations in Economic Growth”

Franklin Cudjoe, Founding President of IMANI Africa, has urged Finance Minister Dr. Mohammed Amin Adam to invest the $2 billion…
“Finance Minister Sounds Alarm on Rogue Banks, Urges Caution”

“Finance Minister Sounds Alarm on Rogue Banks, Urges Caution”

Finance Minister Dr. Mohammed Amin Adam has warned the public to be cautious of unscrupulous banks and financial institutions. He…
“Kumasi Airport’s New Terminal Opens July 1”

“Kumasi Airport’s New Terminal Opens July 1”

The Ghana Airports Company Limited (GACL) has announced the operationalization of the new Terminal building at Prempeh I International Airport,…
“CBOD CEO: No Need for GRA-SML Deal, Govt Already Has Robust Monitoring Systems”

“CBOD CEO: No Need for GRA-SML Deal, Govt Already Has Robust Monitoring Systems”

The CEO of the Chamber of Bulk Oil Distributors, Dr. Patrick Ofori, has expressed concerns over the resumption of Strategic…