Ghana loses $1bn in cocoa revenue

Ghana lost about $1 billion in cocoa revenue during the last six months due to a fall in global cocoa prices. The price for a ton of cocoa dropped US$ 3,000 to US$ 2,032 as...

Adopt savings culture- UBA

Ghanaians must realise the importance of savings as a cushion in times of need, Head of Information Technology at United Bank of Africa (UBA), Kwame Aduansere, has admonished. Mr Aduansere observed that the savings habit...

Fuel prices to go up

There is likely to be a 4 percent fuel increase beginning today June 1, according to the Institute for Energy Security. Principal Research Analyst at the Institute Richmond Rockson explaining the rationale behind the likely...

Ghana Home Loans hold first real estate club meeting

Ghana Home Loans (GHL) the leading mortgage service provider in Ghana has held its maiden Real Estate Club (REC) summit for tertiary students from the various GHL Real Estate Clubs nationwide. GHL has the club...

Ask for incentives not protection – GIPC to local Firms

The CEO of the Ghana Investment Promotion Centre Yoofi Grant has hinted of plans to remove protectionism clauses from the GIPC Act 2013 (Act 865) which guide investments in the country. He argues that Ghanaian...

Barclays PLC sells shares in Barclays Africa

Barclays PLC has announced its intention to sell 187 million ordinary shares in Barclays Africa Group, which represents approximately 22% of Barclays Africa’s issued share capital. This follows receipt of the required regulatory approvals, including...

Officials of financial scheme MMM arrested

Two operatives of Ponzi financial scheme, Mavrodi Mondial Movement, popularly known as MMM, have been arrested at the instance of the Central Bank. The two were apprehended in the process of luring unsuspecting customers to...

Ghana on path of fiscal consolidation, growth – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has stated that the programmes and policies that have been initiated by his government, some five months into office, will put the country on a path of fiscal consolidation,...

Parliament to invite Ofori Atta over 2.2bn bond

The Minority in parliament will later today file a motion to compel finance minister Ken Ofori-Atta to appear before the House to answer questions over  the controversial 2.2 billion dollars bond. The Minority has  maintained...

Kumasi: Ashcell donates to SWAT, Passport Office

Documentation work at the Special Weapon and Tactical Team (SWAT) of the Ghana Police Service is expected to witness an ease henceforth, with the donation of a Canon photocopier machine to the department. The donation...