BUSINESS Former Venture Capital CEO reportedly agrees to refund GHS15M 5th June 2020 Kumasi Online The Lands Division of the Accra High Court has directed the Director of Public Prosecution to file the terms of the agreement arrived at in the case were a former…
BUSINESS 48 gov’t enterprises fail to submit financial statements for audit- Report 4th June 2020 Kumasi Online 48 out of 130 entities owned by government have failed to submit their 2018 financial statements to the Ministry of Finance for auditing, the 2018 State Ownership Report has revealed.…
BUSINESS Ghana fails to meet universal electricity access by 2020 – IES 3rd June 2020 Kumasi Online Ghana has failed to meet is initial target of universal electricity access by 2020, the Executive Director of the Institute of Energy Security(IES), Paa Kwasi Anamua-Sakyi (Nana Amoasi VII) has…
BUSINESS Increase of fuel prices at the pumps to take effect on June 1 2nd June 2020 Kumasi Online Prices of petroleum products are expected to go up from Monday 1st June 2020 according to a release issued by the National Petroleum Authority(NPA) This follows about a 23% increase…
BUSINESS NPA directs OMCs to increase BOST margin on fuel by 3 pesewas effective June 1 30th May 2020 Kumasi Online The National Petroleum Authority (NPA) has directed Oil Marketing Companies to increase the Bulk Oil Storage and Transport (BOST) margin on petroleum products by three pesewas to six pesewas effective…
BUSINESS South African Airways aims to resume domestic flights in mid-June 28th May 2020 Kumasi Online South African Airways (SAA) aims to resume domestic flights between Johannesburg and Cape Town from mid-June, the cash-strapped airline said on Tuesday, as coronavirus lockdown restrictions ease. SAA, which is…
BUSINESS Inflation rate might slightly go down in the coming months – GSS 27th May 2020 Kumasi Online The Ghana Statistical Servicesays it expects the inflation rate to slow down in the coming months despite the recent spike. Inflation rate jumped to 10.8 per cent for the month…
BUSINESS West African food trade under strain as Covid-19 shuts borders 27th May 2020 Kumasi Online In ordinary times, it takes Boureima Diawara two or three days to truck his mangoes the 1,200 km (745 miles) from southern Mali to Senegal’s seaside capital Dakar. But since…
BUSINESS VW starts operations in Ghana 21st May 2020 Kumasi Online German Ambassador to Ghana, Christoph Retzlaff has announced that Volkswagen (VW) has started its operations in Ghana. VW signed a Memorandum of Understanding (MoU) with the government of Ghana to…
BUSINESS Capital Bank collapse: Ato Essien wants some of his charges removed after paying GHS1.4M 21st May 2020 Kumasi Online The former Chief Executive Officer (CEO) of Capital Bank, William Ato Essien, who is facing trial for the collapse of the financial institution, has begun negotiations with the Attorney General…
