Business

CRAG new executives take office

1,284  The newly elected national executives of the Car Rentals Association of Ghana ( CRAG) have been inducted into office to take mandate of association for the next five years.   The induction ceremony, which took places in Accra, was on the theme “The Role of Car Rental in Tourism Development’. It was graced by […]

Business

Automation of Supply and Distribution of Premix Fuel Ready for Official Commissioning on 29th August 2023 at Elmina

1,153  The Ministry of Fisheries and Aquaculture Development (MOFAD) in collaboration with Fuel Automation Ghana Limited and its technical partner, Universal Engineering & Consultancy Services Limited as well as its local and foreign funding partners will on 29th August 2023 officially commission the Automation of Premix Fuel Distribution System at Elmina in the Central Region […]

Business

PURC must be transparent with its tariff review mechanism – CUTS International

1,614  Energy Think Tank, CUTS International has rebuked the Public Utilities Regulatory Commission (PURC) for increasing electricity tariffs by 4.22%. The institution argues that the increment, coupled with the harsh economic conditions, exerts undue pressure on struggling citizens. PURC on the other hand argues that the adjustment is to ensure that the real value of […]

Business

Sekondi Market Needs Revival

1,475  The Tuesday market in Sekondi in the Western Region, historically a bustling hub of economic activity, now finds itself at a crossroads as signs of decline become increasingly evident. Once a thriving center that attracted traders and buyers from both near and far, the market’s vitality has diminished over the years, leaving it on […]

Business

Tema Oil Refinery MD Hinson resigns

1,523  The Managing Director of the Tema Oil Refinery (TOR), Jerry Kofi Hinson has resigned from office on health grounds. Mr Hinson in a letter dated August 11, 2023 addressed to President Nana Addo Dankwa Akufo-Addo stated that he is unable to continue his role as the MD due to unforeseen health circumstances. “It has […]

Business

IMF Clears BoG Over GH¢60bn Loss

3,587  The International Monetary Fund (IMF) has come to the aid of the Bank of Ghana (BoG), absolving it from accusation of mismanagement as a result of the loss of GH¢60 billion. The Bretton Woods institution believes accusation of mismanagement on the part of the central bank is far-fetched, and corroborated the BoG’s explanation on […]