Business
Ghana hikes interest rate to 30%
Ghana’s Central Bank has increased key interest rates 30% to curb the country’s soaring inflation.This is a 0.5% increase.The hike was announced on Monday at the end of its monetary policy meeting.“A hike in rates is the best way to
This can’t be common sense – Raymond Archer slams govt over GH¢20bn banking clean-up exercise
In a bid to restore confidence in the banking and specialized deposit-taking sector, the Bank of Ghana embarked on a clean-up exercise in August 2017.Spending over GH¢20 billion, the Central Bank’s action was to resolve insolvent financial institutions…
Komenda Sugar Factory an albatross – K.T Hammond
Minister for Trade and Industry, Kobina Tahir Hammond, has said the Komenda Sugar Factory has become an “albatross” around the neck of the country.According to him, apart from the factory not being properly set up, the company that originally undertook…
Ablakwa vrs Kusi Boateng: Court confirms list of companies registered under Kusi Boateng and Adu Gyamfi
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, in his quest to prove that secretary to the board of trustees of the National Cathedral of Ghana, Rev Victor Kusi Boateng, is operating a dual identity for criminal purposes,
USAPEEC embarks on campaign to broaden benefits of poultry products amongst consumers
The USA Poultry and Egg Export Council (USAPEEC) has been conducting engaging, informative and entertaining campaigns across Ghana driving brand loyalty, product awareness and consumer education.The campaign is targeted at everyone from importers and w…
Trader, five land guards granted bail over unlawful damage
A trader and five land guards, who allegedly conspired to break a fence wall have been granted a GH?50,000 bail with two sureties each by an Accra Circuit Court.They were jointly charged with conspiracy to commit crime and causing
What Nana Konadu told Sam Jonah after he rejected her proposal to be J.J. Rawlings’s running mate in 1992
Accomplished business mogul, Sir Sam Jonah recently revealed that he twice turned down advances from the Jerry John Rawlings administration to serve as running mate and consequently Vice President.Sir Sam Jonah who was reacting to recent speculations o…
World Bank Director for Operations visits two innovation and digital tech hubs in Ghana
The World Bank’s Managing Director for Operations, Anna Bjerde and her delegation spent time at two pioneer innovation eco-systems and digital tech hubs; Ghana Tech Lab and Ghana Innovation Hub supported under the e-Transform Ghana Project.The visit wa…