BUSINESS

The Government of Ghana has finally handed over the Komenda Sugar Factory to a Strategic Investor. Park Aggrotech Company Limited, an Indian company based in Ghana and a subsidiary of the Skylark Group of companies won the bid to manage the sugar factory. The Managing Director of Agrotech Company Limited is Lalit Mishra. The factory was on Tuesday, November 26, ...

With the impressive revamping of its tenant mix underway, the Management of West Hills Mall has announced the launch of another of what its shoppers love most – a Scratch and Win promotion – to crown this year’s Black Friday sales. While stores in various retail categories like fashion, clothing, food and groceries, footwear, health and hardware have slashed prices ...

The Managing Director of the Agricultural Development Bank (ADB) Limited, Dr John Kofi Mensah has said the Bank is set to partner Posco International of South Korea for the establishment of a multi-million dollar oil palm refinery in Ghana. Posco International is multi-billion dollar company with expertise in establishing value chains in various areas of business including steel, energy, agro-commodities, ...

A State Prosecutor, Assistant Superintendent of Police (ASP) Sylvester Asare, yesterday pleaded with an Accra Circuit Court, presided over by Mrs Jane Harriet Akweley Quaye, for an extension of time to amend the charges against the embattled Chief Executive of the defunct Menzgold, Nana Appiah Mensah aka NAM1. According to the Prosecutor, they need more time because they have made ...

A former Deputy Finance Minister in the erstwhile Mahama administration, Fifi Kwetey, has said 75 per cent of Ghana’s total debt stock since the country gained independence in 1957, has been borrowed by the Akufo-Addo government in just a few years. At a forum organised by the main opposition National Democratic Congress (NDC) on the budget on Wednesday, 20 November ...

The Commercial High Court presided over by Justice Eric Kyei Baffour, has rescheduled the case management conference of the case of the Republic verses William Ato Essien and three others to the 16th of December 2019 after State Prosecutors told the Court that they have had to file additional documents together with a pen drive in support of the charges ...

Groupe Nduom has asked government to do due diligence by paying monies it owes them to facilitate payment of their customers. In a statement released by the Corporate Affairs department of the company, they noted how delays on the part of government is stalling processes. They believe each party will have its peace if their monies are paid by the ...

The prosecution in the case in which embattled Chief Executive Officer of Menzgold Ghana Limited Nana Appiah Mensah (NAM1) is standing trial has demanded a long adjournment following “recent discoveries.” The state was expected to substitute the old charges with a new one where 48 new charges are expected to be added to the 13 that were earlier slapped on ...

Chinese e-commerce giant Alibaba Group raised up to $12.9 billion in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale. The deal will be seen as a boost to Hong Kong following more than five months of anti-government protests and its recent slide ...

Guinness Ghana Breweries PLC, Ghana’s total beverage company, has launched another national consumer promotion that will see a guaranteed ¢1.5 million worth of airtime given away to consumers across the country for their continuous loyalty and support. Dubbed “Link Up”, the promo will reward consumers with instant airtime worth ¢5 which includes a bonus of ¢2.50 airtime valid for 7 days, after ...