Finance
The Bediakos: Meet the family who has dominated Ghana’s pharmaceuticals industry
It may come as a shock or surprise to many to learn that most of the big players in the pharmaceutical industry in Ghana are related.But more revealing is that these big names come all from the lineage of the
Meet the man whose bloodline has dominated Ghana’s pharmaceuticals industry
It may come as a shock or surprise to many to learn that most of the big players in the pharmaceutical industry in Ghana are related.But more revealing is that these big names come all from the lineage of the
NDC seeks to partner private sector to invest $3b in integrated ICT infrastructure – Mahama
Former President, John Mahama has said the National Democratic Congress (NDC) is seeking to partner with the private sector to invest three billion dollars (US$3 billion) in an integrated ICT infrastructure.According to the former President, the move w…
BoG spends over GH¢131 million on motor vehicle maintenance in 2022 – Report
The Bank of Ghana’s annual report has revealed that GH¢131.586 million was spent on motor vehicle maintenance/running as of December 2022.This is away from the GH¢61.510 million spent over the same period in 2021.The report also noted that personnel co…
Cedi depreciates by 29.9% to dollar in 2022 compared to 4.1% in 2021 – BoG
In 2022, the Ghana cedi weakened by 29.9 % cumulatively to the US dollar, the Bank of Ghana’s 2022 Annual Report and Financial Statements have said.According to the report, the cedi depreciated by 4.1% in 2021.Similarly, it depreciated against the
‘I haven’t committed any contemptuous sin’ – KT Hammond defends ‘Quayson to jail’ comment
Minister for Trade and Industry, Kobina Tahir Hammond, has defended his comments suggesting that Member of Parliament for Assin North, James Gyakye Quayson, would go to jail in his ongoing criminal trial.The minister who doubles as MP for Adansi Asokwa…
Abdul Rabiu’s cement firm soars with more than $280 million in revenue – Report
BUA Cement Plc, the Lagos-based cement firm led by Nigeria’s second-richest man Abdul Samad Rabiu, has announced a resilient financial performance for the first six months of its 2023 fiscal year, despite a shaky start.According to the company’s recent…
AGI calls for fair tax regimes that encourage growth, investment
The Association of Ghana Industries (AGI) has urged the government to discuss with industry players to help implement progressive and fair tax regimes that encourage growth and investment.The Association said the burden of high taxes fell disproportion…