The Ghana Cocoa Board (COCOBOD) is optimistic that government’s plan to secure a $600 million facility from the African Development Bank (AfDB) to expand the country’s cocoa sector will be passed the next time it comes up in the House. This comes after the minority in the house raised some concerns that forced Parliament to […]
Category: Business
$1m Kroll payment: Domelevo surcharges Osafo-Maafo
Ghana’s Auditor-General, Mr Daniel Yaw Domelevo, has surcharged Senior Minister Yaw Osafo-Maafo over a $1-million payment his office supervised in making to private firm Kroll and Associates, allegedly for no work done. Mr Domelevo told Accra-based Joy FM that Mr Osafo-Maafo has 60 days to challenge the surcharge in court. A few weeks ago, Mr […]
Keep GNPC in check over ‘wasteful’ spending-PIAC to Parliament
The Public Interest and Accountability Committee (PIAC), has asked Parliament to immediately step in and put a cap on the Ghana National Petroleum Corporation’s (GNPC) Corporate Social Investment. PIAC fears GNPC may veer off its core mandate if it continues with its current expenditure trends. The committee reiterated the position following memos emerging from the […]
McDonald’s boss fired after dating employee
McDonald’s has fired its chief executive Steve Easterbrook after he had a relationship with an employee. The US fast food giant said the relationship was consensual, but Mr Easterbrook had “violated company policy” and shown “poor judgement”. In an email to staff, the British businessman acknowledged the relationship and said it was a mistake. “Given […]
Ghanaian workers cry foul over modern day form of slavery at Eni Ghana
Ghanaians working for Eni Ghana Exploration and Production Ltd., an Italian oil and gas giant are crying foul over a “modern day form of slavery” introduced by management of the Ghana subsidiary. The workers numbering over 300 are at loggerheads with the management of the Eni Ghana Exploration and Production Ghana Limited over unfair labour […]
Mass production of palm wine would create more jobs
Traders who deal in the retailing of palm wine are urging the youth to venture into the business. The traders believe it is a very lucrative area but yet to receive the needed recognition especially at a time when unemployment remains high. Jessica Ayorkor Aryee explores the lucrativeness of the business in this report she […]
Nigeria-Ghana reps to hold crunch meeting today over border closure
Representatives of both the Ghanaian and Nigerian governments will today, Monday, November 4, 2019, meet to discuss possibilities of opening Nigeria’s border to Ghanaian traders. The border which was closed in August 2019, according to the Ghana Union of Traders’ Associations (GUTA) has affected their businesses. Over the weekend, the Nigerian government announced the extension of the […]
Closure of shops: Go to court if you’re dissatisfied-GUTA tells foreign traders
The Ghana Union Traders Association (GUTA) has dared the foreign traders whose retail shops have been closed to sue them if they feel they are being treated unfairly. GUTA, yesterday [Thursday] demanded the closure of all retail shops belonging to foreigners by Monday, November 4, 2019, with claims that the government has not fulfilled its […]
BoG to shore up reserves with $1bn – Addison
The Bank of Ghana (BoG) has said it will add $1 billion to the country’s reserves by the end of this year to stabilise the cedi against major international currencies. According to the Governor of the BoG, Dr Ernest Addison, the accumulation of more dollars is to help increase the net international reserve and also […]
MTN presents car to winner of MoMo 10th Anniversary Promo in Cape Coast
MTN Ghana has presented a brand new car to the overall winner of the MTN Mobile Money (MoMo) 10th Anniversary Promotion in the Central Region. The event which took place today, Wednesday October 30, 2019 saw Mr. John Amoah emerging as the overall winner. In his remarks after the presentation, the Regional Senior Manager for […]
Ghana Gas begins supply of gas to Karpowership today
Work being done to enable Ghana Gas supply gas to power the Karpowership is near completion with gas flow expected to start today. According to the Ghana Gas Company, engineering works, electrical connections and laying of pipelines to the Karpowership at the Sekondi Naval Base in the Western region is about 98 percent complete. Ernest […]
Jospong Group, Dr. Agyapong, others win APSCA awards in Ghana.
The Africa Public Sector Conferences and Awards (APSCA) has awarded the Jospong Group of Companies (JGC), the Executive Chairman of JGC and Zoomlion Ghana Limited, Dr. Joseph Siaw Agyepong and the District Common Fund Administrator Naa Torshie Addo among others at its Second Africa Public Sector Awards night in Accra. The APSCA initiative is aimed […]