The Ghana Union of Traders Association (GUTA) has asked their Nigerian counterparts at the Nkrumah Circle to be submissive if they want their closed shops opened. “At the end of the day, we may open the shops for them. If we go there this morning and they show remorse we will open it for them. […]
Category: Business
Cocoa roads in danger if cocoa farms are given to galamseyers-Cocobod CEO sounds alarm
Chief Executive of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has cautioned cocoa farmers that giving up their farms to galamsey operators will negatively affect COCOBOD’s capacity to build cocoa roads and continue with other development projects in cocoa farming communities. Beyond its business of regulating Ghana’s cocoa industry and marketing cocoa beans, COCOBOD undertakes […]
NSS diversifies: goes into Bottled and Sachet water production
The National Service Scheme is set to go into the production of bottled and sachet water next year. Deputy Executive Director of the Scheme, Kwaku Ohene Djan says the move is a way of providing Ghanaians with relatively affordable options and also help in addressing the unemployment situation in the country. ‘‘We all know the […]
Just in: NCA orders MTN to explain poor service within 24 hours or face sanctions
Telecoms industry regulator, National Communications Authority (NCA), has given MTN 24 hours to provide full explanation of the causes of the challenges MTN customers faced between December 1 and 2, 2019. The authority is also demanding a full report on the remedies put in place and measure to prevent a recurrence. Over the two days […]
‘Ghanaians trade in Nigeria too, be careful the way you treat Nigerian traders in Ghana’ – President Akufo-Addo to GUTA
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has urged the leadership and membership of the Ghana Union of Traders Association (GUTA) not to take the law into their own hands in dealing with traders from Nigeria and other nationalities engaged in retail trade. In a meeting with the leadership of GUTA on Tuesday, […]
Aliko Dangote now owns World’s largest crude distillation equipment
The world’s largest crude distillation column equipment designed for crude oil processing for Dangote Refinery has arrived in Lagos on Sunday, 1 December 2019. The Crude Distillation Column is the largest in terms of distilling capacity which is 650 thousand barrels per stream day. The equipment weighs 2250MT excluding the weight of the internal trays, […]
GH¢153 million spent on printing cedi notes in 2018
The Bank of Ghana last year spent more than GH¢153 million to print the country’s legal tender, the cedi. The amount spent includes the actual cost of printing the legal tender, fees paid to the agency that supervised the printing process as well as what the central bank describes as other currency expenses. According to […]
6 Arrested, 3 Injured As Ghanaian, Nigerian Traders Clash
Six persons have been arrested following a bloody clash between Ghanaian and Nigerian traders in Accra. Three persons, according to the police, were injured during the Monday morning fight at Kwame Nkrumah Circle. The fight follows the closure of shops belonging to some Nigerian traders. Earlier report suggested that the aggrieved Nigerian traders attacked their […]
Twitter CEO reveals ambitious plans to ‘invade’ Africa live
Twitter chief executive Jack Dorsey has capped a whirlwind tour of Africa by pledging to move to the continent for several months in 2020. Dorsey said in a message on the social media platform that he didn’t know where he would be living, but he planned to spend up to half of next year in Africa. “Sad […]
NLA cautions public against the operations and activities of lotto fraudsters
The National Lottery Authority (NLA) would like to caution the Public, Media Organizations and individuals not to fall victim to the operations and activities of lotto fraudsters who are using different platforms and communication strategies to dupe unsuspecting Ghanaians. These Lotto fraudsters and social media miscreants use radio stations, television stations, online platforms, Facebook, WhatsApp […]
NEIP train stops in Northern Ghana; 700 businesses and start-ups supported with cash
The National Entrepreneurship and Innovation programme, which is under the Ministry of Business Development has presented financial support to about seven hundred (700) startup’s and entrepreneurs in the northern regions. After presenting Cheques ranging from Ten thousand to Hundred thousand to beneficiaries in Tamale, the Minister for Business Development, Dr. Alhaji Ibrahim Mohammed Awal in […]
We’ll not tolerate ‘undue stigmatization’ by foreign missions – Oquaye
The Speaker of Parliament, Prof. Mike Oquaye, says as head of the legislature, he would not tolerate any acts of bullying from foreign missions with regards to alleged visa fraud committed by some Members of Parliament. Prof. Oquaye, made the remark at an Editors Forum where he expressed misgivings about the approach of former British […]