Finance
BoG Governor confident of continued disinflation
Dr. Ernest Addison, Governor of the Bank of Ghana, expressed optimism about Ghana’s economic trajectory and the continuation of disinflation efforts.
He said this in remarks at a gala dinner celebrating the 130th anniversary and official name change …
Low purchases ‘frustrating’ domestic automakers – VW Group Managing Director
The Chairperson and Managing Director for Volkswagen (VW) Group South Africa, Martina Biene, lamented over the sluggish uptake of locally manufactured vehicles.
In 2023, a total of 6,000 locally manufactured or assembled cars were sold. Madam Biene, …
Today in History: The real danger to cocoa production is galamsey – GAWU
The Ghana Agriculture Worker Union (GAWU) in September last year asserted that the activities of illegal miners were hindering the production of cocoa.
GAWU added that the move forced some farmers to sell their farmlands.
Read the full story origina…
FLASHBACK: Ghana imports $24 million worth of onions from Niger – Bryan Acheampong
The Minister of Food and Agriculture, Bryan Acheampong, in September 2023 bemoaned the high import rate of onions from neighbouring countries.
He noted that the country imports onions worth $24 million from Niger.
Read the full story originally publ…
Aviance to take over ground handling at new Kumasi International Airport
Aviance, one of the leading passenger and ground handling companies in Ghana, is scheduled to take over the ground handling operations of the two main domestic airlines servicing the newly-renovated Kumasi International Airport.
Africa World Airlines…
Multinational companies exiting Ghana due to uncomfortable economic indicators – Prof. Mensah
A senior lecturer at the University of Ghana Business School (UGBS), Professor Lord Mensah says multinational companies are exiting Ghana due to the nation’s uncomfortable economic indicators.
This comes on the back of several businesses of multinati…
Power theft constitutes 30% of ECG revenue losses – Avedzi
Chairman of the Public Accounts Committee (PAC), James Klutse Avedzi, has claimed that power theft accounted for 30% of the revenue losses of the Electricity Company of Ghana (ECG).
He mentioned that if this problem of power theft is rectified,
Full Year 2023: UBA gross earnings rise by 143% YoY, profit hits $1.06bn
In another unprecedented performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2023, showing exceptional and impressive performance across all its major ind…