Category: BUSINESS

A Deputy Finance Minister, Kwaku Kwarteng, has said some GH¢54.3 million quoted by the Finance Minister as budget for a food distribution programme during a three-week lockdown can be accurately accounted for. This assurance from Mr Kwarteng comes on the back of doubts raised by a section of the public over the cost of the […]

Finance Minister Ken Ofori-Atta on Thursday announced the extension of free water and electricity supplies to consumers. The relief package was instituted by the government in response to the economic and social challenges of the Covid-19 pandemic. The period for water, which ended in May 2020, would be extended for additional three months while electricity […]

The CEO of McDan Group of Companies has charged his colleague employers to be disciplined in their relations with their staff to prevent complacency as it is a good way to develop staff efficacy. Mr Daniel McKorley told host of the Joy FM’s Super Morning Show Thursday, that the mandate of employees must be clearly […]

Kantanka automobile company, a Ghanaian automobile company, has been formally granted a license to continue their auto assembly operations in Ghana, Finance Minister Ken Ofori-Atta has said. Kantanka automobile company can now benefit from incentives under the Ghana Automotive Manufacturing Development Policy. The finance minister said this while delivering the 2020 mid-year budget review on […]

Ghanaian economist, Bernard Mensah, has joined U.S .Secretary of State, Mike Pompeo and other dignitaries to hold discussions on post-COVID-19 economic recovery effort and other matters. UK Minister, Dominic Raab and other high ranking officials of the UK and the US governments were at also at the high table. The discussion also centered on secure […]

Ghanaian business mogul, Daniel McKorley, has cut the sod for the construction of a state-of-the-art shea nut warehouse and factory at Nasia in the Northern Region. The sod-cutting ceremony held on Wednesday, July 22, 2020, kicks start the GHS550, 000 Alko Shea Butter business aimed at ramping up the production of shea to meet local […]

The Ghana tech ecosystem has a lot of room for improvement although strivingListen to the Article 2019 was a great year for Ghanaian startups and the technology community in general with more expansions and funding for the local ecosystem. So what’s next for Ghana’s Tech Ecosystem in 2020? Well, it’s hard to say but we […]

Absa Group Ltd, one of the largest diversified financial service providers in Africa, has concluded an agreement with the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, helping Absa expand financing across seven countries in Sub-Saharan Africa. In terms of the agreement, MIGA will issue guarantees of US$497 million to Absa.The […]