Category: Business

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Exporting air, cause of cedi depreciation – Ken Thompson

Exporting air, cause of cedi depreciation – Ken Thompson

Source: Myjoyonline.com Ken Thompson believes increased exports will save the cedi from its drastic fall. The Chief Executive of Dalex Finance has [...]
Chocolate imports cost US$45m

Chocolate imports cost US$45m

Chocolate imports cost US$45m, CPC repositions as better alternative   In spite of being the second largest grower of cocoa in the world, [...]
Cedi’s depreciation biting profit-losing importers hard

Cedi’s depreciation biting profit-losing importers hard

  The Cedi is still struggling to stabilise against the major international currencies The gradual depreciation of the Ghana cedi against t [...]
GH¢45.4bn Tax Revenue Target To Be Revised Upward

GH¢45.4bn Tax Revenue Target To Be Revised Upward

There is an ongoing discussion to revise upward the GH¢45.4billion tax revenue target for the 2019 fiscal year, Commissioner-General of the Ghana Reve [...]
Minister Frimpong Boateng Cited for Conflict of Interest in His Mining Empire

Minister Frimpong Boateng Cited for Conflict of Interest in His Mining Empire

Prof. Kwabena Frimpong Boateng   In what could best be described as a clear case of conflict of interest and double standards unbefitti [...]
Group condemns BoG’s ‘witch-hunting’, ‘evil’ attack on Heritage Bank

Group condemns BoG’s ‘witch-hunting’, ‘evil’ attack on Heritage Bank

  Heritage Bank and Premium Banks have been merged with Consolidated Bank There was no justifiable reason for the revocation [...]
550 million barrels of oil discovered in Ghana

550 million barrels of oil discovered in Ghana

  Aker Energy has discovered oil in commercial quantity in Ghana estimated around 450 – 550 million barrels, the company has announced. [...]
Gov’t ‘cannot and will not’ refund Menzgold customers’ monies

Gov’t ‘cannot and will not’ refund Menzgold customers’ monies

Nana Appiah Mensah has been declared wanted by the police CID The government has reiterated its stance that it “cannot and will not” use taxpayer [...]
BoG downgrades GN Bank to savings and loans company

BoG downgrades GN Bank to savings and loans company

The Bank of Ghana has downgraded GN Bank to a savings and loans company. This was after the central bank finished what it describes as the bankin [...]
Menzgold seeks refuge with Parliament in petition

Menzgold seeks refuge with Parliament in petition

Embattled gold dealership firm, Menzgold Ghana Limited has petitioned Parliament over its inability to pay clients. Menzgold wants the lawmaker [...]
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