BUSINESS

A Ghanaian pilot of Africa World Airlines unleashed hot gas to foil an armed robbery attempt by thieves in Nigeria as they attempted to burglarize the Accra-bound CRJ jet. Robbers operating within the perimeter fence of the Murtala Mohammed International Airport in Lagos on Tuesday evening sought to break into the aircraft and steal the luggage of passengers. The brazen ...

  American Chamber of Commerce Ghana (AMCHAM) and the Ghana Association of Restructuring and Insolvency Advisors (GARIA) would be hosting a Panel discussion on Ghana’s Economy: Moving from Stabilization to Growth with experts drawn from the Business environment in Ghana. The program is schedule on Friday 16, 2018, from 9:00am to 12:00pm at the Mövenpick Ambassador Hotel in Accra. The ...

  Government of Ghana’s policy to create more jobs for the people while using technology to enhance the ease of doing business in Ghana gets better as the Registrar General Department (RDG) under the leadership of Mrs. Jemima Oware made GHS 75.2 million Ghana Cedis in 2017.   This great strides are in line with the Vice President, Dr. Mahamudu ...

Unannounced house-to-house checks by officials from the Electricity Company of Ghana (ECG) saved the company some GHC50 million on power thefts last year. The sweeping exercise, which is an ongoing system losses reduction intervention, saw officers of the company visiting residential apartments to fish out illegal power consumers. “We went about communities to check every available meter, and we were ...

Ghana sold 1.99 billion cedis ($448 million) worth of a fresh five-year domestic bond on Thursday and the major commodity exporter will pay a yield of 16.5 percent, joint transaction arrangers said. Initial guidance for the bond, open to non-resident Ghanaians, was in the range of 15 percent to 16.5 percent. Total bids tendered for the paper were 2.01 billion ...

A High Court in Accra presided over by Justice Tawiah Ackaah-Boafo has ruled in favour of Exton Cubic Limited in a suit it filed challenging the revocation of their mining lease by the Lands and Natural Resources Minister, Mr John Peter Amewu. Lawyers for the company had filed the suit against the decision by the Minister of Lands and Natural ...

The Chamber of Petroleum Consumers (COPEC) has threatened to hold a nationwide demonstration against the government if it fails to reduce petroleum prices within a week. COPEC made this known Wednesday, February 7, 2018 after a protest that saw a swarm of people converge to demand fuel price reduction. A litre of petrol currently sells for 4 cedis 62 pesewas ...

A high-powered delegation from Nissan headquarters in Japan has completed a working visit to Japan Motors Trading Company (JMTC) in Accra, as part of an inspection tour of its operations in Africa. The delegation, which also included representatives from Nissan Africa Regional Office (NARO) in South Africa, was ushered around the tour by top executives of Japan Motors led by ...

The National Petroleum Authority (NPA) has described a planned demonstration by the Chamber of Petroleum Consumers (COPEC) and Industrial and Commercial Workers Union (ICU) over fuel price hikes as anything but noble. COPEC, has served notice that it will embark on a demonstration Wednesday morning over the incessant increase in the prices of petroleum products. According to the Chamber, the ...

GCB Bank has shut down 31 branches of the defunct UT and Capital Banks after it successfully completed the full integration of the systems of the two collapsed banks to offer customers a wide network of some 183 branches across the country. The integration, according to the management of the GCB in a statement, included the consolidation of core banking ...