Business
Subsidising petroleum products only way to reduce price hikes – NPA
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […]
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Business
Subsidies are key to mitigating petroleum price escalation – NPA
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […]
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General
Your personal intervention saved us – UENR VC thanks IGP Dampare
The University of Energy and Natural Resources (UENR) has extended its gratitude to the Inspector General of Police, Dr. George Akuffo Dampare, for his personal intervention in addressing the recent robbery incident targeting students and lecturers on the Odumase-Badu road near Sunyani in the Bono Region. The incident, which occurred on Tuesday, 16th April 2024, […]
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Business
Fuel price hikes: Strengthening Cedi must be top priority – COPEC
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has urged the government to focus on strengthening the Cedi to ensure a reduction in the prices of petroleum products. Prices of petroleum products have been on a free fall in the past weeks and further worsened with the reversal of the suspension of the […]
The post Fuel price hikes: Strengthening
Headlines
Ghana urges global leaders to establish urban resilience fund at ECOSOC Youth Forum
Ghana’s Minister for Youth and Sports, Mustapha Ussif, has called on global leaders to take decisive actions in addressing urban challenges and climate change at the ECOSOC Youth Forum in New York. Highlighting Ghana’s rapid urbanization rate, Hon Mustapha Ussif stressed the urgency of adopting innovative solutions to combat pollution and emissions. He emphasized Ghana’s […]
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Business
My presidency will create a balance and add value to humanity – Cheddar
The founder of The New Force, Nana Kwame Bediako also known as Cheddar says his ambition to become President of Ghana is not a personal goal but a call to take up the social responsibility of the nation. Speaking on Starr Chat with Bola Ray Thursday, Mr. Bediako stated that there is a social imbalance […]
The post My presidency will create a balance and add value to humanity
Business
Federation of Kumasi Traders threaten to sue Kejetia management, Fire Service
The Chairman of the Federation of Kumasi Traders Association, Nana Prempeh, has threatened to sue the Ghana National Fire Service (GNFS) and the management of the Kejetia Market in Kumasi. According to him, the market has been operating without a fire certificate and insurance cover, which is a violation of the GNFS’s Legal Instrument (LI) […]
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General
I’ll use currency to unite the African continent – Cheddar
The founder of The New Force, Nana Kwame Bediako also known as Cheddar says he is going to use a currency to unite the African continent when the time is due. Speaking on Starr Chat with Bola Ray, Mr. Bediako stated that when he is able to make Ghana succeed he will join in […]
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General News
Communications Minister urges public to desist from dealing in pre-registered SIMs
Source: GNA Mrs. Ursula Owusu-Ekuful, Minister for Communications and Digitalisation, has cautioned members of the public to desist from dealing in pre-registered SIM cards since it is illegal and an offence liable for prosecution. She explained that “Dealing in this context comprises the individual, who sells the pre-registered SIM as well as the buyer or […]
Business
Stanbic holds talks with Chinese ambassador over enhanced Ghana – China Trade Ties
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […]
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Business
Stanbic executive calls for involvement of financial institutions in wholesale electricity market
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […]
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Featured
Any govt depending on IMF is likely to fail – Grand Coalition
Rev. Dr. Samuel Worlanyo, an economist and spokesperson of the Grand Coalition, has warned about the potential collapse of Ghana’s economy if it continues to heavily rely on borrowing from financial institutions such as the International Monetary Fund (IMF). In acknowledging the necessity of borrowing for governmental initiatives and projects, Dr. Worlanyo stressed the critical […]
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Economy
Finance Ministry affirms progress in debt restructuring talks with creditors
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure. Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets. “Ghana and Bondholders reached an interim deal, which […]
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Economy
Gov’t determined to reach debt agreement within sustainable targets
By Joshua Worlasi AMLANU joshua.amlanu@thebftonline.com Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme. Ghana is aiming to cut US$10.5billion from its […]
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Business
Ghana’s medium-term macroeconomic outlook positive – Amin Adam
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […]
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General
EOCO clears Roads Ministry of corruption allegations in contract awards
The Economic and Organised Crime Office (EOCO) has concluded its investigations into alleged organised crime in the award of contracts at the Ministry of Roads and Highways. The probe stemmed from claims made by Professor Stephen Adei, a former Rector of the Ghana Institute of Management and Public Administration (GIMPA). In October 2023, Professor Adei […]
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Editorial
Editorial: Intensify AfCFTA education to rope in more women and youth
There is a lack of detailed information on the African Continental Free Trade Area (AfCFTA) among women and youth in business, a situational analysis conducted by the Aya Institute for Women, Politics and Media, has found. While information about the protocol has primarily reached technical experts and businesses, women and youth in the micro, small […]
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Business
Personal Branding with Bernard Kelvin Clive: The designer and Uber driver experience
…The power of exceptional customer experience “Often times consumers, clients, and customers are not just buying a product or service, they are buying an experience, a feeling, a perception, a person (YOU)” – Bernard Kelvin Clive Agyemang responded in Pidgin English, “Now the system spoil o, every small business owner thinks say dem be bossu, […]
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Business
Ghanaian women will benefit more from Mahama’s 24-hour economy – Shirley Naana
Shirley Naana Ampem, the Eastern Regional Women’s Organizer for the National Democratic Congress (NDC), has stated that Ghanaian women will be one of the major beneficiaries of John Dramani Mahama’s proposed 24-hour economy policy. According to her, the policy could significantly boost economic opportunities for women, particularly in the night market economy and key industries […]
The post Ghanaian
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