Business News of Tuesday, 19 March 2024 Source: GNA Asenso-Boakye Francis Asenso-Boakye, the Minister-designate for Roads and Highways says fixing the road network in Kumasi is a top priority of the government. He said a robust Kumasi road network was critical to national development considering the strategic location of the city which serves as a link to several other cities ...
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Tourism generated US$3 billion last year – GTA
Business News of Friday, 22 March 2024 Disclaimer Source: thebftonline.comFile photo of the Kwame Nkrumah Memorial Park & Mausoleum The tourism sector generated approximately US$3billion during the 2023 operational year from inbound tourist arrivals, against a projected US$3.4billion, according to the Ghana Tourism Authority (GTA). At the launch of the 2022 Tourism Report last year, the Ministry of Tourism, Arts ...
Read More »Ghana’s economic stability path will be painful – IMF boss
Business News of Wednesday, 20 March 2024 Disclaimer Source: GNA Kristalina Georgieva, IMF Managing Director The International Monetary Fund (IMF) has signalled that Ghana’s path to economic stability will be a painful one, but remains optimistic about the country emerging resilient from the current challenges. The Fund has, therefore, encouraged Ghanaians to be moderate with their expectations of the government and continue ...
Read More »Ghana loses vessels traffic to Togo over high port charges – GNCCI
Business News of Thursday, 21 March 2024 Source: starrfm.com.gh Tema Port | File photo The Ghana National Chamber of Commerce and Industry (GNCCI) has revealed that the country is losing out on huge revenue generation margins as some shipping vessels are now diverting their traffic to the neighbouring port of Togo. The chamber asserts this is due to the exorbitant charges ...
Read More »MTN, Telecel explanation; AirtelTigo’s boast: What telcos have said about internet outage
Business News of Sunday, 17 March 2024 Source: www.ghanaweb.com Logos of Ghana’ major telecom operators – MTN, AirtelTigo and Telecel Internet connectivity has become a very topical issue since March 14, 2024, when it was confirmed that undersea cables that serve most West African countries had been disrupted. Ghana’s three telecommunications outfits recorded massive drops in data service quality ...
Read More »GACL suspends proposed $20 fee charge on all round-trip airline tickets
Business News of Thursday, 14 March 2024 Source: www.ghanaweb.com Terminal 3 of the Kotoka International Airport The Ghana Airports Company Limited (GACL) has announced that it will put on hold its earlier proposal to charge a $20 fee on all round-trip airline tickets from May 1, 2024. An earlier statement revealed that the fee was to be imposed on baggage ...
Read More »Full internet services to be restored in minimum of 5 weeks – NCA
Business News of Saturday, 16 March 2024 Source: www.ghanaweb.com NCA Headquarters in Accra | File photo The National Communication Authority (NCA) has announced that repairs to undersea cables that have adversely affected data services in the country will take a minimum of five weeks. In the NCA’s 4th update on the internet situation in the country, the regulator indicated that the ...
Read More »IMF Managing Director arrives in Ghana; scheduled to meet Akufo-Addo, Bawumia, others
Business News of Sunday, 17 March 2024 Source: www.ghanaweb.com Dr. Mohamed Amin Adam, Minister of Finance and IMF MD, Kristalina Georgieva The Managing Director of the International Monetary Fund (IMF), Madam Kristalina Georgieva, has arrived in Accra ahead of bilateral talks with President Akufo-Addo, Vice President Mahamudu Bawumia, Finance Minister Mohammed Amin Adam, Bank of Governor Ernest Addison, and other high-ranking ...
Read More »Air passengers to pay $20 on all round-trip tickets at KIA
Business News of Wednesday, 13 March 2024 Source: classfmonline.com Inside Terminal 3 of the Kotoka International Airport From 1 May 2024, air passengers will be required to pay $20 for baggage belt overhauling and other maintenance issues at the Kotoka International Airport. A letter from the management of the Ghana Airports Company Limited (GACL) addressed to the Chairperson of the ...
Read More »Gold-for-Oil Policy slashed Inflation from 54.1% to 23.5% in January 2023 – Abena Osei-Asare
Business News of Thursday, 29 February 2024 Source: www.ghanaweb.live Abena Osei-Asare Abena Osei-Asare, the Minister of State Designate for the Finance Ministry, has attributed the reduction in the country’s inflation rate from 54.1 percent to 23.5 percent in January 2023 to the gold-for-oil policy by the government. The policy was introduced with the aim of addressing Ghana’s dwindling foreign ...
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