Business
1D1F: Akufo-Addo commissions Sinotruck’s phase 2 assembly plant

1D1F: Akufo-Addo commissions Sinotruck’s phase 2 assembly plant

The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, 17th October 2023, under government’s flagship 1-District-1-Factory initiative, commissioned the Second Phase of the Sinotruk Vehicle Assembly Plant, in Tema. Simultaneously, he also cut

Business
Akufo-Addo encourages banks to extend more loans to farmers

Akufo-Addo encourages banks to extend more loans to farmers

Financial institutions should make an effort to offer loan facilities to Ghanaian smallholder farmers, according to President Nana Addo Dankwa Akufo-Addo. He claimed that in order to support the agriculture sector's major contribution to the

Business
Rosatom meets Energy Minister on the sidelines of Africa Energy Week

Rosatom meets Energy Minister on the sidelines of Africa Energy Week

The State Atomic Energy Corporation (ROSATOM) of Russia on Monday 16th October, 2023 met with Ghana’s Energy Minister, Dr. Matthew Opoku Prempeh on the margins of the 2023 Africa Energy Week, underway in Cape Town,

Business
Zenith Bank @ 18 – Celebrating a legacy of financial excellence

Zenith Bank @ 18 – Celebrating a legacy of financial excellence

On the fateful morning of September 16, 2005, Zenith Bank Ghana embarked on its banking journey with a grand total of 45 staff members. This marked a transformative turning point in the banking and financial

Business
NPA fines seven OMCs over GHC600k million for various infractions

NPA fines seven OMCs over GHC600k million for various infractions

The National Petroleum Authority (NPA) has imposed sanctions on seven Oil Marketing Companies (OMCs) for breaking industry rules in an effort to regulate the distribution of petroleum products in Ghana. The distribution of petroleum products

Business
September inflation falls to 38.1% from 40.1%

September inflation falls to 38.1% from 40.1%

Food costs, which are now rising at the slowest rate in a year, contributed to a decrease in inflation for September. Prof. Samuel Kobina Anim, the government statistician, said that inflation, which gauges how prices

Business
Govt Exceeds Treasury Bills Auction By GH¢466m

Govt Exceeds Treasury Bills Auction By GH¢466m

The government of Ghana has exceeded its initial target of raising GH¢ 2.10 billion to GH¢ 2.57 billion from the debt market in the latest auction of treasury bills with maturities of 192, 182 and

Business
Gold Coast Fund customers spend night at Finance Ministry to demand locked up cash

Gold Coast Fund customers spend night at Finance Ministry to demand locked up cash

Aggrieved customers of the defunct Gold Coast Fund Management Company spent the night outside the Finance Ministry demanding the release of their frozen cash. The group alleged that a sum of GH8.6 billion sanctioned by

Business
Ghana’s economy will grow by 3.7% in 2024- Fitch Solutions

Ghana’s economy will grow by 3.7% in 2024- Fitch Solutions

Fitch Solution predicts that Ghana's economy will accelerate to 3.7 percent growth in 2024, indicating that the country is on the road to recovery. According to a report by Fitch, as consumer activity rises, the

Business
Executives of Jospong Group recognised at 2023 Ghana CEO Vision Awards

Executives of Jospong Group recognised at 2023 Ghana CEO Vision Awards

Four executives of the Jospong Group of Companies were among about 70 Chief Executive Officers who were awarded over the weekend for their outstanding contribution to their sectors of operation at the 2023 Ghana CEO