Business

1,385  The National Petroleum Authority (NPA) has shutdown LillyGold Energy Resources Limited, an Oil Marketing Company (OMC) belonging to the Northern Regional Chairman of the New Patriotic Party, Mr. Mohammed Adam Baantima Samba. The NPA had to undertake the operations after it emerged that the company was operating illegally after the authority had revoked the […]

3,786  MTN Mobile money transactions  recorded over Gh¢1.07 trillion in 2022. This was recorded in the  2022 summary of Economic and Financial Data by the Bank of Ghana. Mr Nii Adotey Mingle, General Manager, MTN Northern Business Sector made this known at the launch of 2023 MTN Mobile Money Season today. According to him, despite […]

1,337  The Country Director of the Hunger Project Mr. Samuel Afrane has urged developing countries to strive towards attaining food sovereignty by building food systems to feed its citizens.   Mr. Afrane said each country’s ways to avoid sovereignty would promote greater food in the global world. The Country Director made this known last Thursday […]

1,467  The Department of Economics and Hospitality Studies under the School of Liberal Arts and Social Sciences(SOLASS) of Ghana Institute of Management and Public Administration has introduced innovative Master’s Degree Programmes to train Economists to support the economic transformation of African Countries and the programmes are as follows: 1. One Year MSc in Financial Economics […]

1,523  Ashanti Ports Services Limited, Concessionaires on the much anticipated Boankra Inland Port Project, has toured the Project site with a pledge complete the work on time to make the Asantehene Otumfuo Osei Tutu II and Ghana proud. Top officers from the Ashanti Ports Services Limited on Friday July 28, 2023 visited the site to […]

3,873  The Bank of Ghana recorded a loss of ¢60.8 Billion Ghana cedis in 2022, its Annual Report and Financial Statements has revealed. The Central Bank’s record loss is coming after it posted a ¢1.2 billion profit in 2021. According to the Annual Report and Financial Statements, the loss is attributed to a decline in […]

1,262  The Coalition of Small Business Owners(CSBO) through its Convener, Mr. Justice Ayeh Donkor is urging Ken Ofori-Atta, the Minister of Finance with immediate effect to use the 2023 Mid-Year Budget Review to Suspend the Lottery and Sports Betting Taxes imposed on Lottery and Sports Betting Companies and their customers. The taxes on Lottery and […]

1,559  Two Community Mining Scheme (CMS) concessions expected to create a combined 7,500 job opportunities have been launched at Moseaso-Abransie in the Manso-Nkwanta Constituency of the Ashanti Region. Delivering a speech at the ceremony on behalf of the sector minister on Wednesday, July 26, Deputy Minister George Mireku Duker promised to continue his advocacy for […]

1,446  MTN Ghana has organized community forums in Sefwi Dwenase in the Western North region and Asante Mampong in the Ashanti region to educate customers on products and services, mobile money (MoMo) fraud and provide updates on network improvement initiatives in the country. The fora were attended by Police Officers, Prisons Officers, Municipal Chief Executives, […]

1,525  A tax policy analyst, Dr. Alex Ampaabeng, has advised the government against introducing new taxes in the 2023 mid-year budget review, which is expected to be delivered on July 27. He said that while it is important to shore up domestic revenue, imposing new taxes on Ghanaians could “choke the country.” Dr. Ampaabeng was […]