WhatsApp_Image_2022-06-17_at_11.29.09_PM

 

Home /News/Business News

Business News

  • Contractors slowing down ongoing payment process – Construction Chamber
    comments

    Contractors slowing down ongoing payment process – Construction Chamber

    By on 2022 ,January, 07

    The Ghana Chamber of Construction Industry has described as unfortunate the unwillingness of some contractors to avail themselves to be paid by the government. It said at the moment, contracts worth up to GHC 1 million that were in arrears were being paid by the government.This comes after years of calling on the government to settle debts owed its members as far...[READ MORE]

  • Oil rises above $78 on optimism about 2022 outlook
    comments

    Oil rises above $78 on optimism about 2022 outlook

    By on 2022 ,January, 06

      Oil rose above $78 a barrel on Monday, supported by tight supply and hopes of a further demand recovery in 2022, despite OPEC+ looking set to agree to a further output increase and concern persisting about the demand impact of rising coronavirus cases. OPEC and its allies, or OPEC+, are to agree to the output hike. The Omicron coronavirus variant has...[READ MORE]

  • Akufo Addo appoints Rosemary Beryl Archer as Ghana Exim Bank Deputy CEO
    comments

    Akufo Addo appoints Rosemary Beryl Archer as Ghana Exim Bank Deputy CEO

    By on 2022 ,January, 06

    President Akufo Addo has appointed Rosemary Beryl Archer, who is currently the Head of SME at Exim Bank, as the new Deputy Chief Executive in Charge of Banking/Business. In a letter dated 4th January 2022, and signed by Chief of Staff, Frema Osei-Opare, the appointment is pursuant to the 2016 Ghana Export and Import Bank Act 911. Profile of Rosemary...[READ MORE]

  • Cedi placed 14th among league of African currencies in 2021
    comments

    Cedi placed 14th among league of African currencies in 2021

    By on 2022 ,January, 05

    The Ghana cedi placed 14th among the league of African currencies in 2021, despite an impressive run during the first half of the year, Bloomberg tracking of African currencies has revealed. However, the local currency was classified among the currencies with the ‘worst spot returns’. According to Bloomberg, the cedi lost 4.98% in...[READ MORE]

  • Importers to sue GRA over reversal of benchmark value
    comments

    Importers to sue GRA over reversal of benchmark value

    By on 2022 ,January, 05

    The Executive Secretary of the Importers and Exporters Association of Ghana (IEAG), Sampson Asaki Awingobit, has said he would sue the government over the reversal of the 50 percent benchmark on value on imports if the Ghana Revenue Authority (GRA) does not stop the move. He told 3FM’s Napo Ali Fuseini in interview on Wednesday...[READ MORE]

  • Reversal of benchmark value wasn’t a spur-of-the-moment decision – Okyere Baafi
    comments

    Reversal of benchmark value wasn’t a spur-of-the-moment decision – Okyere Baafi

    By on 2022 ,January, 05

    Deputy Trade Minister, Michael Okyere Baafi, has said that adequate stakeholder consultations and engagements were carried out on the decision to reverse the benchmark value. He said stakeholders were fully aware pf the decision and asked all the necessary questions that needed to be asked. All answers, he said, were provided to the questions hence, this is not a...[READ MORE]

  • Labour Minister explains the decision for 4% ‘meagre’ salary increment
    comments

    Labour Minister explains the decision for 4% ‘meagre’ salary increment

    By on 2022 ,January, 04

    The Minister for Employment and Labour Relations, Ignatius Baffour-Awuah, has explained the decision to settle on the 4 per cent salary increment for public sector workers. According to him, when the the government met the labour unions for negotiations, it was agreed that they had to be modest in their request hence, the 4 per cent “We had to negotiate...[READ MORE]

  • First Day at Work: Obour rallies support of GhanaPost staff
    comments

    First Day at Work: Obour rallies support of GhanaPost staff

    By on 2022 ,January, 04

    Newly appointed Managing Director of GhanaPost Bice Osei-Kuffour has begun his official duty on Tuesday, January 4. He was introduced to staff early in the day by Minister of Communications and Digitalisation Ursula Owusu-Ekuful. The new MD, popularly known as Obour,...[READ MORE]

  • Don’t suspend reversal on benchmark values – AGI to government
    comments

    Don’t suspend reversal on benchmark values – AGI to government

    By on 2022 ,January, 04

    The Association of Ghana Industries (AGI) has urged government not to heed calls by some stakeholders for the implementation of the reversal of Benchmark values to be suspended for further consultations. Speaking in an interview with Joy News, Executive Director of the Association, Seth Twum Akwaboah said government should go ahead with the implementation of the...[READ MORE]

  • Govt extends zero Price Stabilisation and Recovery Levies
    comments

    Govt extends zero Price Stabilisation and Recovery Levies

    By on 2022 ,January, 04

    The NPA has disclosed that the government has extended the zeroing of the Price Stabilization and Recovery (PSRL) Levies for an additional month. According to the National Petroleum Authority (NPA),...[READ MORE]

Current photo gallery