Home » Business » Page 7

I’m ready for a second round of vetting if Minority wants – Okudzeto Ablakwa

Member of Parliament for North Tongu and Foreign Affairs Minister-designate, Samuel Okudzeto Ablakwa has said he’s prepared for a second round of vetting if the Minority MPs deem it necessary. During his vetting on Friday, January 31, Minority Leader Afenyo-Markin questioned Ablakwa about his quest to expose state officials who have looted state lands. The Minority…

Read More

New BoG Governor signals policy adjustments amid inflationary pressures

The newly appointed Governor of the Bank of Ghana (BoG), Dr. Johnson Asiamah has outlined a firm commitment to addressing the country’s ongoing economic challenges, particularly persistent inflation, as part of the central bank’s core mandate. Ghanaian culture-inspired products In his first official meeting with Deputy Governors Dr. Maxwell Opoku-Afari and Elsie Addo Awadzie, Dr….

Read More

Mahama appoints Anthony Sarpong as Ag. Commissioner-General of GRA

President John Dramani Mahama has appointed Anthony Sarpong, a Senior Partner at auditing firm KPMG, as the Acting Commissioner-General of the Ghana Revenue Authority (GRA). The announcement, made on January 21, 2025, clarified that Mr. Sarpong’s appointment is contingent upon receiving the constitutionally required advice from the Governing Board, in consultation with the Public Services…

Read More

Agbogbloshie scrap dealers, onion sellers reclaim site four years after demolition

Years after the demolition of Accra’s old Agbogbloshie onion and scrapyard market, the site’s redevelopment remains in limbo. The demolition, which took place on July 1, 2021, was part of the “Let’s Make Accra Work” decongestion initiative spearheaded by the former Greater Accra Regional Minister, Henry Quartey. The government aimed to transform the infamous e-waste…

Read More

Fuel prices up again

Some Oil Marketing Companies (OMCs) have begun marginally increasing fuel prices as the second pricing window for January takes effect. Leading OMCs, including state-owned GOIL and Shell, have already adjusted their petrol and diesel prices. At GOIL, petrol, which sold at GH₵14.99 per litre during the first pricing window, is now retailing at GH₵15.74. Diesel…

Read More

Energy Minister designate orders halt on ECG payments to all suppliers

Energy Minister designate, John Jinapor, has ordered the Electricity Company of Ghana (ECG) to immediately suspend all payments for supplies. Incoming Energy Minister, John Jinapor, has taken a decisive step to address the ongoing challenges facing the Electricity Company of Ghana (ECG). In an interview on Citi FM on Thursday, January 9, Jinapor revealed that he…

Read More

Over GHC400m unaccounted for in ECG’s monthly revenue – Jinapor

Energy Minister-designate, John Jinapor, has expressed concerns about revenue leakage within the Electricity Company of Ghana (ECG). During his vetting by Parliament’s Appointments Committee on Monday, January 13, 2025, Jinapor revealed that while ECG generates approximately GHC1.3 billion in monthly revenue, only between GHC850 million and GHC900 million is allocated to the cash waterfall mechanism….

Read More

Our business policies will foster growth of private sector – President Mahama

President John Mahama has assured that his administration will champion policies that will propel the growth of the private sector to lead the country’s economic development. Speaking at the Independence Square after he was sworn in as Ghana’s sixth President of the Fourth Republic, Mr. Mahama pledged to provide an enabling environment for the youth…

Read More

Ghana is open to business again – Mahama reassures business community

John Dramani Mahama has reaffirmed Ghana’s commitment to a business-friendly environment, emphasizing his government’s focus on economic restoration. In his inaugural speech after being sworn in on January 7, 2025, President John Dramani Mahama extended a strong message to the business community, assuring them that Ghana is once again open for business. “To the business leaders and…

Read More