BUSINESS

The 15 per cent fare increment by the International Drivers and Road Transport Union (IDRTU) of the Ghana Trades Union Congress (TUC) will take effect today, Monday, 23 June 2022. The increase in fare by the IDRTU follows the increasing cost of fuel. Lands For Sale In Acres at Aburi Amanfrom, Watch the video Below; The union has, therefore, called ...

The Senior Advisor to the President, Yaw Osafo-Maafo, is chairing a meeting of six ministers who largely represent the real sector of the economy, from today, Monday June 27 to Wednesday June 29, to assess the impact of the economic mitigation measures announced in March this year. Some 13-point measures were announced to cushion consumers against the cost of fuel, ...

THE EMBATTLED founder and Chief Executive Officer of defunct Capital Bank, William Ato Essien, has taken his fight to the Supreme Court seeking to temporarily halt his trial pending the determination of his appeal. His lawyer has filed an appeal against the decision of the High Court to admit an audio recording of a confrontation between the accused and the ...

Chief Operations Officer at the Dalex Finance, Mr Joe Jackson has said that Ghana needs to go back to the International Monetary Fund (IMF). In his view, the country will not be able to resolve its fiscal challenges without going to the Bretton Wood institution for support. Speaking in interview with TV3’s Komla Adom on the mid day news on ...

The African Development Bank has appointed Mr. Simon Mizrahi as Acting Vice President, Technology and Corporate Services Complex, effective 20 June 2022. Mizrahi, a British national, is currently the Director for Delivery, Performance Management and Results at the African Development Bank Group and Acting Director for the Operations Committee Secretariat and Quality Assurance. In these capacities, he oversees results delivery ...

The African Development Bank is pleased to announce the appointment of Mr. Jacques Edjangue as Acting Vice President, People and Talent Management Complex, effective 20th June 2022. Edjangue, a Cameroonian national, is currently Acting Director of the Human Resources Management Department, and also Director of the Language Services Department. A thought leader, Jacques has broad and diverse experience within the ...

The Institute of Energy Security (IES) has appealed to President Nana Addo Dankwa Akufo-Addo to intervene to rescue the Tema Oil Refinery (TOR) from folding up. The IES said TOR is at the moment saddled with huge debts, poor management and other challenges that must be tackled immediately. A statement issued by IES on Thursday June 16 said “While the ...

The Deputy Minister of Food and Agriculture, Mr Yaw Frimpong Addo, has described as false, reports that there is food shortage in the country. He said unlike in 2016 where there was a shortage of maize and Niger became a supplier of the staple to Ghana, the government’s Planting for Food and Jobs has reversed that trend. He said there ...

Former Minister of Finance and Economic Planning Professor Kwesi Botchwey says Ghana’s current economy is showing semblance of what pertained in the early 1980s. That period witnessed one of the hardest times including a near famine in the country. Speaking at the launch of ‘The Children of House No. D13, South Suntreso Kumasi’, a book jointly authored by the Ahwois, ...

Vice-President Mahamudu Bawumia on Wednesday, 15 June 2022, launched the GhanaPay mobile money service, the first bank-wide mobile money service by universal banks, rural banks, as well as savings and loans companies to individuals and businesses. The service, which operates like the existing mobile money service, also has additional banking services, and is opened to everyone with access to a ...