Business

A 58-year-old farmer, Charles Gyamfi from the Ahafo Region has been adjudged the 2019 National Best Farmer at a ceremony held in the Volta Regional capital, Ho. The winner from the Tano North District has been farming for the past 25 years, producing cocoa, cassava, maize, garden eggs and citrus fruits among others. The father of five also rears cattle, ...

The National Communications Authority (NCA) has sanctioned Telecom Giant, MTN Ghana, for “failing to comply with directives which were issued to them following some challenges with their network recently”. The Authority had directed MTN to refund losses to customers and compensate them accordingly.  MTN was also directed to submit a report on the challenges faced by customers within 24 hours ...

Telecom giant, MTN Ghana has been directed by the regulator, National Communications Authority (NCA) to as a matter of urgency compensate all of its customers who were affected by a technical challenge encountered by the company earlier this week. In addition, NCA also asked MTN to refund all deductions made on customer accounts as a result of the challenge. Customers ...

President Akufo-Addo has stated emphatically that on the issue of foreign participation in retail trading in Ghana, the law is on the side of the Ghana Union of Traders Association (GUTA), but it does not mean that they have the right to take the law into their own hands and enforce the law at the expense of the State. Addressing ...

President Akufo-Addo is billed to meet the leadership of Ghana Union of Traders Association (GUTA) and their Nigerian counterparts later this afternoon following the trade war that has hit the Ghanaian retail space. Reports say the meeting will happen in the next hour, as part of the President’s 3-day tour of the Greater Accra Region. It’s expected that the meeting ...

Ghanaians have been urged to buy locally grown rice this Christmas, on other festive occasions and for everyday consumption in order to give greater impetus to the agriculture sector. Apart from saving Ghana millions of foreign exchange, increased patronage of locally grown rice would bolster production efforts, lead to increased investments, impact positively on the local economies of rice-growing areas ...

The Bank of Ghana has introduced GHC100 and GHC200 notes. This means the current highest note in the country GHC50 will cease to enjoy that relevance. It is unclear when the new notes will be let in circulation. A GHC2 coin has also been introduced. Briefing the media on the move, the governor of the Central bank said: ” Today, ...

Ghana’s macroeconomic performance has been robust and government says it has lowered the rate of debt accumulation since 2017, following the prudent management of the economy, which has led to a successful reduction of the country’s fiscal deficit. In a wrap-up statement at the close of debate on government policy in the 2020 budget, Finance Minister Ken Ofori-Atta told MPs ...

There was excitement especially among Majority MPs in Parliament on Monday when the now popular Ekumfi Fruit Juice product known as “Eku Juice” popped up in the law-making chamber during the 2020 budget debate. The Minister for Information and MP for Ofoase Ayirebi, Kojo Oppong Nkrumah displayed the nicely well-packaged juice while contributing to the budget debate focusing on the ...

Ghana’s Deposit Protection Corporation is now operational, with the system going live on September 30th, 2019. This was disclosed by the Vice President of the Republic, Dr Mahamudu Bawumia, when he formally launched the take-off of the 2019 International Association of Deposit Insurers (IADI) Africa Regional Committee Conference, being held in Accra. Speaking on Monday, November 18, 2019, Vice President ...