The Obuasi Municipal Assembly has shutdown the Obuasi Central Market among two others. The move is to enforce physical social distancing and other protocols of Covid 19 to mitigate spreading of the viral disease in the mining city. The Municipal Assembly has also directed all drinking spot operators to also close down shops to business […]
Category: Business
Finance Minister to brief Parliament on impact of COVID-19 on Ghanaian economy
The Minister of Finance, Ken Ofori-Atta, is expected to be in Parliament on Monday, March 30, 2020, to brief Members on the impact of the coronavirus (COVID-19) pandemic on the Ghanaian economy. The briefing, www.politicoghana.com understands, will mainly focus on Government’s COVID-19 Alleviation Program that seeks to minimize the adverse impacts of the coronavirus on […]
Ghana committed to ending plastic waste menace – Akufo-Addo
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has launched the Ghana National Plastics Action Partnership, which seeks to stop the growth of global plastic pollution, and also ensure, amongst others, that plastics do not find their way into the country’s marine bodies. Speaking at the launch of the initiative on Tuesday, 1st October, […]
BoG fines Barclays Bank GH₵4.5m for wrong doing
The Bank of Ghana (BoG) has fined the Barclays Bank of Ghana an amount of GH₵4,579,256.32 for making frivolous quotes on Ghana’s Interbank Foreign Exchange Market. The action of Barclays Bank, according to the Central Bank, is in breach of the Ghana Interbank Forex Market Conduct Rules. A statement dated Monday, June 3, 2019, and […]
Renault considers establishing assembly plant in Ghana
French multinational automobile manufacturer, Renault, is considering the establishment of an automobile assembly plant in Ghana, following in the footsteps of Volkswagen, Nissan and Sinotruk that will, this year, establish assembly plants in Ghana. Vice President and Chairman of the Africa-Middle-East-India (AMI) Region at Renault, Fabrice Cambolive, made this known on Monday, 28th January, 2019, […]
NAM 1 faces misdemeanor charges in UAE; case to be heard Feb. 2
The embattled CEO of gold dealership firm, Menzgold, Nana Appiah Mensah, aka NAM 1, is set to be trialed in the United Arab Emirates on February 2, 2019 to be determine whether he will be imprisoned or released to the Government of Ghana. NAM 1 is currently being investigated by the Ghana Police Service and […]
Ghana gets a platform for trading agricultural commodities
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, 5th November, 2018, launched the Ghana Commodity Exchange, a platform for buying and selling listed agricultural commodities. Speaking at the event, President Akufo-Addo noted that the Ghana Commodity Exchange, the first in West Africa, is going to be one of the key drivers of […]
Nissan to establish automotive manufacturing industry in Ghana
Ghana has signed a Memorandum of Understanding with Nissan Group of Africa for the establishment of an automotive manufacturing industry in Ghana, which will make Ghana the hub for sales and marketing of Nissan in West Africa. This was announced on Tuesday, 6th November, 2018, when the Managing Director of Nissan Group of Africa, Mike […]