Business

Private legal practitioner and member of the ruling New Patriotic Party (NPP), Gabby Otchere-Darko has expressed satisfaction with the reaction of Ghanaians ahead of the President’s address tonight. According to him, the suggestions preceding the President’s address indicate collective concern from citizens. In a tweet on Sunday, he said the …

The third edition of “The Gas Challenge” which was organised by the Ghana National Gas Company took place Thursday 27 October 2022 at the R S Amegashie Auditorium, University of Ghana, Legon. The theme for this year’s edition is “Embracing the future together: the indispensable role of Gas in facilitating …

The Bank of Ghana (BoG) has urged the general public to disregard reports suggesting that it is set to slap serious restrictions on holders of Foreign Exchange Accounts (FEA) and Foreign Currency Accounts (FCA).   According to reports, BoG is reportedly doing this in a bid to curb the rapid …

The Ghana cedi strengthened for the second day running to ¢14.00 to one US dollar in the retail or forex market as it continued its recent gain against the American ‘greenback’. This is against ¢14.50 it sold to a dollar yesterday October 25, 2022.   The cedi is strengthening against …

As part of measures to mitigate the effects of the depreciation of the cedi , a political science analyst, Prof. John Osei Bobbie, has asked the government to implement some trade restrictions. This request comes weeks after traders in Accra closed their shops to protest the current economic conditions.   …

The Plateforme Ivoirienne pour le cacao durable and the Ghana Civil-Society Cocoa Platform have commended the governments of Ghana and Cote d’Ivoire and their cocoa regulators for their “bold decision to boycott the world cocoa foundation partners’ meeting” being held in Brussels between 26-27 October 2022. Ivory Coast and Ghana’s …

Six trader associations in Kumasi have threatened to close their shops to protest the high cost of doing business in the country beginning 5 November 2022. The trader unions include; the Importers Association, Kumasi Togo Agents and Traders Association, Clothes Sellers Association, T-Shirt Sellers Association, Materials Sellers Association, Babies and …

The Ghana Union of Traders Association (GUTA) has suspended its three-day mass action that has kept trading shops in Accra closed since Wednesday, October 19. The action by the major trading union in the country was to protest the high cost of doing business as a result of the present …

Queen Mother of the Ashanti Kingdom Nana Konadu Yiadom ll has ordered management of Kumasi City Market and the newly formed group “Kumasi City Market Union,” to stop their upcoming elections of market leaders. Asantehemaa who resides on all markets in the Ashanti says she already has over 70 market …

The World Bank Group President, David Malpass, has expressed disappointment over Ghana and Nigeria’s decision not to sign up for the Debt Service Suspension Initiative (DSSI). Established in May 2020, the DSSI expired at the end of December 2021. The DSSI, put together by the International Monetary Fund (IMF) and …