PURC gazettes tariff reduction

The Public Utilities and Regulatory Commission (PURC), has gazetted the recently announced electricity tariff reduction. The announcement comes after former Energy Minister, John Jinapor questioned why the new tariff had not been gazetted. In an article...

Toys R Us set to close all US stores

Toys R Us is set to close or sell all of its 885 stores in the US in the coming months, the BBC understands. That move would put about 33,000 jobs at risk. The giant toy-store...

ECG tariff cut: Changes to reflect April 1

Consumers of power will begin to feel the impact of the much awaited cut in tariff by the beginning of next month instead of the March 15 date publicised by the Public Utilities Regulatory...

SC dismisses $60m Judgment Debt Case Against NIB

The Supreme Court has dismissed a review application seeking to overturn its own decision that quashed a $60 million judgment debt an Accra High Court ordered the National Investment Bank (NIB), to pay to...

Inflation hits 10.6% percent

The Consumer Price inflation has increased to 10.6 percent in February from 10.3 percent recorded in January. The marginal increase is being attributed mainly to an increase in fuel prices. Food inflation for February also rose...

MTN’s revenue jumps by 23.3%, GH₵9.3m recorded daily in 2017

Mobile network operator, MTN Ghana, has posted a 23.3% increase in revenue in 2017 compared to 2016. The company’s total revenue soared to GH₵3.4 billion in 2017, as against the GH₵2.77 billion revenue recorded in...
Dr. Steve Manteaw of PIAC

BOST saga: Bipartisan probe urgent – PIAC

The Public Interest and Accountability Committee (PIAC) is calling for a bipartisan probe into COPEC’s allegations of a shady crude oil sale by the Bulk Oil Storage and Transportation Company Limited (BOST). The Executive Director...
Dr Nduom (2nd left) With Chairman of COGA Mr. Adu and other executives, Washington DC.

Groupe Nduom to open Liaison Office in Washington DC

Groupe Nduom, a multinational company, has announced plans to open a Groupe Nduom (GN) Liaison Office in Washington DC, United States of America. President and Chairman of GN, Dr Papa Kwesi Nduom, made this known...

Ghana faces economic collapse as debt balloons – IFS

The Institute of Fiscal Studies (IFS) is predicting doom for Ghana’s economy as its debt crisis seriously worsens. This comes barely five months after the Finance Minister Ken Ofori-Atta declared during his presentation of the...

Bird incident: Our aircraft are safe – AWA

Africa World Airlines (AWA) has assured the general public that safety remains its “first priority” and will always operate to the “highest standards.” AWA’s assurance follows an incident involving its aircraft and a bird during...