Business

Sunon Asogli Power Limited Shuts Down Operations Due to Overdue Debt

Sunon Asogli Power Limited Shuts Down Operations Due to Overdue Debt

Independent Power Producer (IPP) Sunon Asogli Power Limited has officially announced a shutdown, citing significant accumulated debt owed by the…
NPA Sets New Price Floor: Petrol at GH₵12.73 and Diesel at GH₵13.43

NPA Sets New Price Floor: Petrol at GH₵12.73 and Diesel at GH₵13.43

The National Petroleum Authority (NPA) has introduced a new price floor for the second pricing window, effective from October 16…
ADB Recovers GHS514.99 Million in Non-Performing Loans

ADB Recovers GHS514.99 Million in Non-Performing Loans

The Agricultural Development Bank (ADB) PLC has achieved remarkable success in its aggressive recovery exercise, retrieving GHS514.99 million in non-performing…
Maximize Benefits from the New Shippers’ Bill

Maximize Benefits from the New Shippers’ Bill

Former Chief Executive Officer (CEO) of the Ghana Shippers Authority (GSA), Dr. Kofi Mbiah, has urged stakeholders to embrace the…
Four Awards for EOCO at 2024 Internal Audit Agency Gala

Four Awards for EOCO at 2024 Internal Audit Agency Gala

The Economic and Organised Crime Office (EOCO) celebrated a significant achievement by securing four prestigious awards at the Annual Awards…
FDA to Challenge Tobinco Judgment

FDA to Challenge Tobinco Judgment

The Food and Drugs Authority (FDA) has voiced its disagreement with the GH¢93,905,760.79 judgment debt recently awarded to Tobinco Pharmaceutical…
Cocoa Processor Plunges Deeper into Red

Cocoa Processor Plunges Deeper into Red

The financial difficulties for the state-owned Cocoa Processing Company Limited (CPC) have worsened, as the company reported a $9.57 million…
Ghana Urged To Harness AI Benefits While Mitigating Risks

Ghana Urged To Harness AI Benefits While Mitigating Risks

Professor Jerry John Kponyo, a telecommunications expert, has called on Ghana to strategically embrace artificial intelligence (AI) to drive economic…
Meta To Pay Texas $1.4 Billion For Facial Recognition Lawsuit

Meta To Pay Texas $1.4 Billion For Facial Recognition Lawsuit

Meta, the parent company of Facebook, has agreed to pay Texas $1.4 billion to settle a lawsuit alleging the company…
Cedi Depreciation Driven By Sentiment and Election Concerns

Cedi Depreciation Driven By Sentiment and Election Concerns

Governor of the Bank of Ghana, Dr. Ernest Addison, has attributed the ongoing depreciation of the Ghanaian cedi to a…