Business News of Thursday, 8 September 2022 The Government of Ghana has selected Ashanti Airlines as a strategic investor to partner in the country’s quest to re-establish a home based-carrier. According to an Aviation Ghana report, the decision has firmly been finalised with Ashanti Airlines working to complete the final stages of its financial arrangements. The airline, which is owned ...

Business News of Thursday, 8 September 2022 A 2-member delegation, led by the new International Monetary Fund (IMF) Mission Chief for Ghana, Stéphane Roudet, on Wednesday, September 7 paid a courtesy call on the Governor of Bank of Ghana, Dr. Ernest Addison and the Management of the Bank. This follows Stéphane Roudet’s appointment as the new IMF Mission Chief for Ghana, effective 1st September 2022. ...

Business News of Thursday, 8 September 2022 The Minister for Communications and Digitalization, Ursula Owusu has stated that those who have not fully re-registered their sim cards will not be able to use voice and Internet services henceforth. This is in addition to the punitive measures outlined by the National Communications Authority (NCA). According to her, aside the punitive measures, ...

Business News of Wednesday, 7 September 2022   Senior Presidential Advisor, Yaw Osafo-Maafo, has said Ghana’s economic recovery and transformation agenda hugely depends on the extent of government’s digitalisation drive’s permeation into the country’s public institutions. As a result, the Office of the Senior Presidential Advisor presented information technology equipment and accessories to three public sector institutions as part of efforts ...

Business News of Monday, 5 September 2022   Managing Director of the IMF, Kristalina Georgieva, has said it determined that an agreement with the Government of Ghana can be reached by the end of this year. Ghana is said to be targeting an amount of $3 billion over three years from the Fund once an agreement on a programme is ...

Business News of Monday, 5 September 2022 Kumasi is set to become the first city in Ghana to have an Electric Light Rail Transportation (Tram System) as part of government’s effort to ease traffic congestion in the Ashanti Region’s capital. The Tram system is one of the sophisticated means of transport found mostly in Europe. This type of transportation system ...

Business News of Saturday, 27 August 2022 The Bank of Ghana is expected to receive the first tranche of the $1.3 billion COCOBOD Cocoa Syndicated loan by October 2022, according to myjoyonline.com reports. The second tranche of $390 million is also expected to be received from November 2022 to February 2023. According to reports, the funds will be drawn down from ...

General News of Sunday, 28 August 2022 Some importers are still using fraudulent means to ship used refrigerators and accessories into the country’s market. In spite of the Energy Efficiency Regulations, 2008 (LI, 1932), which placed a ban on the importation or sale (distribution) of used refrigerators, air-conditioners and incandescent filament lamps, Daily Graphic’s investigation has revealed that the banned ...

Business News of Monday, 29 August 2022 The 2021 Auditor General’s report has disclosed that the state lost some GH¢1,080,913,824 to various irregularities at the Ministries Departments and Agencies. This figure, is however, a significant drop in the GHc 2,053,176,449 recorded in 2020. The irregularities according the to report “represent either losses that had been incurred by the State through ...

Business News of Monday, 29 August 2022 Ofori-Atta holds ‘constructive’ meeting with IMF boss in the US Finance Minister Ken Ofori-Atta travelled to the United States this week for routine medical checkup. Whiles in the States, he has met with Managing Director of the International Monetary Fund, Kristalina Georgieva, with talks centered around Ghana’s economic challenges. The IMF boss posted ...