Featured
Corn mill operators at Kaneshie market face financial crisis over dumsor
Corn mill operators at the Kaneshie Market in Accra are experiencing significant financial difficulties as a result of the ongoing power outages in the country. Relying heavily on electricity for their operations, these operators are witnessing a decline in their income streams, which is further exacerbated by the spoilage of soaked corn and other products […]
The post Corn
Business
Domestic capital market still a viable source of funding – Kobby Bentsi-Enchill
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […]
The post Domestic
Business
Market centers under NDC will have wellness clinic, crèche – NDC Women’s Organizer
The Eastern Regional Women’s Organizer of the National Democratic Congress (NDC), Shirley Naana Osei Ampem, has announced that under the next NDC government, all modern market centers constructed by the government will include a wellness clinic and a crèche. This gender-centered initiative aims to provide market women and their children with access to quality healthcare […]
The post Market
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) […]
The post Federation
Business
Kejetia traders exposed to poisonous emissions – Federation Of Traders
Chairman of the Federation of Kumasi Traders, Nana Prempeh, has raised serious concerns, traders at the Kejetia Market particularly those at the ground floor are exposed to poisonous vehicular fumes. He made the disturbing observation in an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM. According to Nana Prempeh, the extractors installed to absorb these […]
The post Kejetia
Featured
Dumsor: ECG disconnects Kejetia market over Ghc70m debt
For the second time, the Kejetia Market in the Ashanti region finds itself disconnected from the national power grid due to a Ghc70 million debt owed to the Electricity Company of Ghana (ECG). Since the disconnection occurred about a week ago, the market has been dependent on an alternative power plant as its energy source. […]
The post Dumsor: ECG disconnects Kejetia
Banking & Finance
OmniBSIC Bank makes GH¢150m gain in 2023
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […]
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Featured
Fire destroys several shops at Madina Market
Fire has destroyed several shops and goods at the Madina market. The inferno which was triggered at about 9pm on Wednesday, April 11, was still ragging at about half past midnight. Despite initial difficulties breaking into the shops, personnel from the Ghana National Fire Service were able to douse the fire. Deputy Director of Operations […]
The post Fire destroys several shops
Featured
Ashanti Region: Multi-million dollar Krofrom market now den of rodents, criminals
The Krofrom market, a multi-million dollar commercial edifice in one of the prominent suburbs of Kumasi, is now a den of rodents and criminals. The site has grown into a forest, where young boys set traps for rats. It has also become a den for all sorts of criminal activities during the day and night. […]
The post Ashanti Region: Multi-million
General
GNPC leaders inspect progress of work at new Takoradi Office
The Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), Opoku-Ahweneeh Danquah, alongside a delegation of board members and management, has inspected the Corporation’s state-of-the-art Operational Head Office in Takoradi, Western Region. Reflecting on the visit, O-A Danquah expressed satisfaction with the current state of the nearly completed facility and emphasized its strategic […]
The post GNPC
Business
Makers and Partners intensify moves to equip internal auditors
As part of efforts to deal with internal threats within state institutions, Makers and Partners (MAP), an accountancy firm has organized a one-day capacity building workshop for 10 internal auditors of the Environmental Protection Agency (EPA). The forensic investigation training being spearheaded by MAP aims at equipping the Internal Audit function with the requisite skills […]
The post Makers
Editors' picks
Partnerships necessary for policy formulation to accelerate sustainable finance
Head of Financial Advisory & Equity Capital Markets at Stanbic Bank, Isaac Simpson, has emphasized the need for collaboration between the right stakeholders in order to form the necessary policies to accelerate sustainable finance. He made this statement at the 2024 Africa Energy Technology Conference, held at the Labadi Beach Hotel. Speaking on the topic […]
The post
Featured
Ashanti Region: Five arrested for attacking Fire Service officers at Racecourse market
Police in the Ashanti Region have apprehended five individuals in connection with an alleged assault on fire officers responding to a fire outbreak at the Racecourse Market on Monday, March 11, 2024. During the altercation, one of the fire officers sustained injuries. The suspects accused the fire service personnel of delayed response, prompting them to […]
The post Ashanti
Featured
Afenyo-Markin brings fresh beginnings – Adomako Kissi
The Member of Parliament for Anyaa-Sowutuom, Dr Dickson Adomako Kissi, has hailed the new Majority Leader, Alexander Afenyo-Markin, stating that he will herald a new era in parliamentary proceedings. Following the resignation of Osei Kyei-Mensah-Bonsu, Alexander Afenyo-Markin, the Deputy Majority Leader and MP for Efutu, was appointed as the new Majority Leader on February 22. […]
The post Afenyo-Markin
General
GEXIM to host ‘Freedom Market’ on March 5
Management of the Ghana Export–Import Bank (GEXIM) has announced it will be hosting “Freedom Market” on Tuesday, March 5, 2024. The “Freedom Market” is a prelude to the 67th National Independence Day celebration next week in the Eastern Region under the theme “Our Democracy, Our Pride”. “Freedom Market”, a special edition of the Bank’s popular […]
The post GEXIM
News
Road project: Gomoa Fetteh chiefs set ultimatum for Budumburam Camp Zone E evacuation
Traditional authorities in Gomoa Fetteh are urging residents occupying portions of Zone E in the Budumburam camp to vacate within three working days. This move aims to clear the area for market women currently selling along the main Budumburam stretch, facilitating the establishment of a potential market. The Traditional Authorities cite the market activities as […]
The post Road
General News
Mallam Atta Market To Become Modern Market Complex
Archibold Cobbina THE MALLAM ATTA Market, located in the Ayawaso Central Municipality in Accra, will be redeveloped into a modern market complex and a shopping mall, Municipal Chief Executive
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The post Mallam Atta Market To Become Modern Market
General
Sekondi-Takoradi fails to produce presiding member after 2 voting rounds
After two rounds of hotly contested voting for a presiding member, the Sekondi-Takoradi Metropolitan Assembly failed to produce one. Despite a successful swearing-in ceremony for the 54 assembly members alongside the three Members of Parliament in the Metropolis, the 54 assembly members with voting rights were unable to give the two-thirds majority of 38 votes […]
The post Sekondi-Takoradi
Business
Time Release Study: Customs, GRA Geared Up to Fix Inefficiencies in Clearance
The Customs Division of the Ghana Revenue Authority has introduced a Time Release Study aimed at assessing the average time goods in customs charge are cleared at the various ports and frontiers of Ghana. It is also intended to serve as a benchmark on which future studies will be conducted. The overall objective of the […]
The post Time Release Study: Customs, GRA Geared
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