BUSINESS MTN Ghana Suffers Nationwide Internet Downtime, Customers Not Happy 21st October 2022 Kumasi Online MTN Ghana, the largest telecommunication service provider in the country is currently facing a technical challenge that has resulted in internet downtimes across the whole country. Most MTN users who…
BUSINESS Deal with cedi depreciation or we shut down – Packaged water producers to government 21st October 2022 Kumasi Online The National Association of Sachet and Packaged Water Producers says it will be compelled to shut down production and distribution of water if government does not address the continuous depreciation…
BUSINESS GUTA Calls Off Strike; Reopens Shops Today 21st October 2022 Kumasi Online The Ghana Union of Traders Association (GUTA) has suspended its strike action after three days of temporarily closing shops in the capital in protest of high cost of doing business…
BUSINESS Government to set fixed exchange rate system at ports for 3 months to help importers 21st October 2022 Kumasi Online A Deputy Minister for Trade and Industry, Michael Okyere Baafi has assured that government will set a fixed exchange rate at the ports for the next three months to cushion…
BUSINESS ¢14.50 equals 1$ as cedi depreciation continues 20th October 2022 Kumasi Online The Ghana cedi continued its free fall, losing value twice within a day to sell at ¢14.50 to one US dollar. This translated to 5.45% depreciation in a day and…
BUSINESS Building local capacity critical to the sustainability of mining industry – Jinapor 20th October 2022 Kumasi Online Obuasi, (Ash) Oct. 20, GNA – Building local capacity in the mining industry in Ghana is the surest way to sustain the industry, Mr Samuel Abu Jinapor, Minister of Lands…
BUSINESS High Inflation, Cedi Fall Only Temporary – BoG 20th October 2022 Kumasi Online Amid high inflation and a fast-depreciating local currency which have caused turmoil in the economy this year, Second Deputy-Governor of the Bank of Ghana (BoG) Mrs. Elsie Addo Awadzi has…
BUSINESS Your concerns are legitimate; consider reopening shops 20th October 2022 Kumasi Online The Ministry of Trade and Industry wants protesting members of the Ghana Union of Traders Association (GUTA) to consider going back to business as government finds a workable solution to…
BUSINESS Accra: GUTA members close down shops 18th October 2022 Kumasi Online Members of the Ghana Union of Traders Association (GUTA) in Accra have today closed down their shops in a nationwide protest. According to the aggrieved traders, their decision to halt…
BUSINESS Ghana cedi worst performer against the dollar in 2022 – Bloomberg 18th October 2022 Kumasi Online The Ghana cedi has become the world’s worst-performing currency after it lost 45.1 per cent of its value to the US dollar this year.According to Bloomberg, Ghana’s currency depreciated 3.3…
