The Bank of Ghana has responded to concerns raised by Samuel Okudzeto Ablakwa regarding a $20 million transfer, which the Member of Parliament claimed lacked consistent documentation. In a statement issued on Wednesday, August 28, the central bank criticised the legislator for his allegations, noting that the funds were intended for the Central Bank of […]
The U.S. Embassy in Accra has transitioned to a new visa services provider as of August 26, 2024, marking a significant shift in the way visa services are managed. Access to the previous visa service provider’s website and services officially ended on August 16, 2024. The Embassy has assured all applicants that existing nonimmigrant visa […]
The Minister of State at the Ministry of Energy, Mr Herbert Krapa, has charged the staff and management of the Electricity Company of Ghana (ECG) to expedite action on addressing the concerns of customers in order to win back their trust. He explained that when consumer complaints were not adequately and promptly addressed, it led […]
The Accra Mall, West Hills Mall and Kumasi City Mall have been taken over by a South African real estate investment firm, Lango. This follows the completion of a new transaction deal worth more than US$200 million. The move is part of decision by Lango to enter more African markets with its retail business strategy. […]
The Ghana Cocoa Board (COCOBOD) spent almost a billion Ghana cedis last year to rehabilitate aged cocoa farms and those ravaged by swollen shoot virus disease (SSVD) to help increase national production in the short to medium term. The money was used to fund the cutting down of diseased and aged cocoa trees, nursing and […]
The country’s economic figures stand in sharp contrast with the daily economic hardships faced by citizens, the Institute of Statistical, Social, Economic and Research (ISSER) has observed. It said although the country’s total income distributed per person, also known as per capita income, had increased by $386 from $1,979 in 2016 to $2,365 in 2023, […]
A US judge has ruled Google acted illegally to maintain a monopoly on online searches and related advertising. Google was sued by the Department of Justice in 2020 for its control of about 90% of the online search market. US District Judge Amit Mehta noted that Google paid billions to ensure it is the default […]
The Ghana National Gas Company (Ghana Gas) has assured the general public that there will be no interruptions in power supply, commonly referred to as “dumsor,” during the upcoming maintenance shutdown of its Gas Processing Plant (GPP) and offshore Gas Export Facilities. The maintenance is scheduled to take place from August 1 to August 17, […]
The Bank of Ghana (BoG) has announced that effective August 1, 2024 all licensed Foreign Exchange Bureaux will be required to demand the Ghana Card before transacting business with any person. This was after it launched a centralised foreign exchange trading platform in line with its objective to ensure the integrity and development of the […]
The United States Embassy in Accra has announced a change in its visa services operations. Effective August 26, 2024, the Embassy will transition to a new visa services provider which will be made known on the US Embassy website. Consequently, access to the current visa service provider’s website and services will cease on August 16, […]
Dr Benjamin K.D. Asante, the CEO of Ghana Gas Company, is encouraging African leaders to capitalize on the Russia-Ukraine conflict to expand gas distribution to Europe. During a public lecture at the Kwame Nkrumah University of Science and Technology’s College of Engineering, themed “Gas Commercialization: Fostering a Sustainable Petroleum Economy, Opportunities and Setbacks,” he highlighted […]
The National Communication Authority (NCA) has assured the public that data prices will decrease by the last quarter of the year, addressing concerns over high data costs and poor services. This announcement follows widespread criticism and calls for the dissolution of the NCA board, partly due to MTN’s classification as a Significant Market Power (SMP), […]
