BUSINESS

EIB Network and Cylo Media Limited have begun partnership talks to bring cutting edge technology in digital content production and distribution. The CEO of Cylo Media, Enzo Vailati, led his team from London, UK to Accra on Thursday, March 15, 2018 to familiarize with the operations of EIB Network, which owns seven radio stations, three TV networks and a newspaper. ...

The Supreme Court has dismissed a review application seeking to overturn its own decision that quashed a $60 million judgment debt an Accra High Court ordered the National Investment Bank (NIB), to pay to Dominion Corporate Trustees Limited in 2013. According to the panel of seven justices of the Supreme Court, the review suit filed by Dominion Corporate Trustees failed ...

The executive secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has served notice he is ready to face the BOST MD Alfred Obeng in court following alleged death threats on him. Mr. Amoah blew a whistle on an alleged scandal at BOST where the storage company is being accused of selling 1.8 million barrels of crude oil to ...

The Public Interest and Accountability Committee (PIAC) is calling for a bipartisan probe into COPEC’s allegations of a shady crude oil sale by the Bulk Oil Storage and Transportation Company Limited (BOST). The Executive Director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has alleged that the deal has resulted in Ghana losing some Gh¢23 million. The Minority has ...

The Institute of Fiscal Studies (IFS) is predicting doom for Ghana’s economy as its debt crisis seriously worsens. This comes barely five months after the Finance Minister Ken Ofori-Atta declared during his presentation of the 2018 budget that the government through prudent management of the economy successfully reduced the country’s debt burden. “This was achieved as a result of a ...

TV3 can confirm that the Tema Regional Police Commander has invited the Managing Director of the Bulk Oil Storage and Transportation (BOST), Alfred Obeng Boateng over alleged death threats on the life of Executive Secretary of Chamber of Petroleum Consumers, Duncan Amoah. Alfred Obeng is expected to report on Tuesday March 13. The threats of death were after investigations by ...

YOKS Car Rental has organised a two-day training for its drivers and some selected staff members as part of its mission to provide clients with excellent and quality service. The training was aimed at improving operational efficiency and ensuring advanced safety standards leading to the creation of maximum customer satisfaction for all its stakeholders. YOKS is the first Car Rental ...

The Minority in Parliament has called for a full scale investigation regarding the sale of some 1.8 million barrels of crude oil at a discount, leading to the loss of GH¢23 million in revenue to the state. According to the Chamber of Petroleum Consumers (COPEC), the amount was lost from a transaction the Bulk Oil Storage and Transportation Company (BOST) ...

The controversy surrounding the Komenda Sugar Factory seems not to be ending soon as the Central Regional Minister, Mr. Kwamena Duncan, has cast further doubt on the readiness of the factory to resume full operations. According to Mr. Duncan, the necessary resources needed to support production at the factory are not available. The comment means that Ghanaians would have to ...

Vice President and Stakeholder Relations for Gold Fields Ghana Limited, David Johnson, has said the company’s transition from owner mining to contract mining, which is expected to lead to the laying off and re-employment of about 1,500 employees on contract basis, is not borne out of selfish interests. Some employees of the company staged a demonstration on Monday to resist ...