BUSINESS

Speaking to Starr News, Executive Director of COPEC Duncan Amoah who commended the ministry for the initiative said work must begin immediately to further remove taxes that burden consumers. He said “we’ve had ministers of energy in the past, they’ve only paid lip service. You talk about these things, sometimes, they even come out with the posturing that says there’s ...

The Students Loan Trust Fund (SLTF), has warned the public, especially applicants of the loan to refrain from paying so-called “processing fees” to online scammers who promise to expedite the application and payment process for them. According to the Head of Public Relations of the SLTF, George Ferguson Laing, the Fund has an open application process which ensures that all ...

Ghana’s indigenous eCommerce & SMS messaging company, Hubtel.com has entered into a partnership with Visa, to expand access to seamless payments on its eCommerce platform. This partnership with Visa provides consumers with access to more merchant services on Hubtel’s eCommerce platforms. It also allows Hubtel to explore further innovative payment services such as “tap to phone,” amongst others, to reduce ...

An industrialist and economist, Mr Tony Oteng-Gyasi, has called for urgent investigations into how China earned a better price for its first consignment of cocoa export than what Ghana received for its premium cocoa beans. He told the Graphic Business on April 23 that the investigations must be immediate and help to establish why 500 kilogrammes (kg) of the bean ...

The Institute for Energy Policies and Research (INSTEPR) has called for the immediate decommissioning of the oil rig, Mr Louie, sited at Saltpond in the Central Region. It has warned of an environmental catastrophe if action is not taken on the 65-year-oil rig, whose production platform was in a very bad and threatening condition, stressing that imminent oil spillage would ...

Distinguished Ladies and Gentlemen, it is a pleasure for me to be here today as the guest speaker for this occasion. The first time I spoke at a Rotary Club function sometime in the 90’s my speech got me into a lot of trouble with the then President of our country. The title of my speech was, “Poverty breeds social ...

Government has assured that the $2.7 billion in investment inflows reported by the Ghana Investment Promotion Centre (GIPC) for the year 2020 will be put to prudent use for the benefit of Ghanaians. Speaking at a press conference in Accra on Sunday April 18, 2020, Minister for Information, Kojo Oppong Nkrumah said government will continue to assiduously pursue worthwhile investments ...

A new report has identified that the increasing commercial losses witnessed in the power distribution sector significantly contributes to the continuous debt accumulation in the sector. It said despite the efforts made to clear the energy sector debts under Energy Sector Levy Act (ESLA), the debt ,if left unresolved, could reach a total of US$12.5million by 2023. According to the ...

Twitter’s got its eye on Ghana. The social media giant wants to open new headquarters in Accra – the company’s first in Africa. Twitter’s also recruiting at least a dozen people to help it expand its reach across the continent. “Microsoft has been here, Facebook has been here, Amazon in South Africa”, says Linda Bonyo, a Kenyan lawyer who specialises in technology ...

PassionAir has said its Accra to Kumasi flight on Saturday ended up at the Félix Houphouët Boigny International Airport in Côte d’Ivoire (Abidjan) because of bad weather. According to the airline, bad weather made it impossible for the flight to land in Kumasi and could also not return to Accra. “On 17 April 2021, PassionAir flight OP152 departed from Accra ...