The CEO of GIHOC Distilleries Company Limited, Mr. Maxwell Kofi Jumah, has hailed the NPP administration, led by President Nana Addo Dankwa Akufo-Addo, for saving the company from total collapse.
Category: Business
License revocation: Appeals Court dismisses BoG appeals case against GN Savings
The Court of Appeal on Monday, June 22, 2020 dismissed an application from the Bank of Ghana (BoG), which was challenging the jurisdiction of the High Court over the revocation of GN Savings operating license.
Dangote to boost economic diversification with maiden clinker shipment
To reaffirm its status as the biggest cement producer in Africa, Dangote Cement has set the pace with the exportation of 27,800 metric tonnes of clinker to a neighbouring African country.
GH¢2.63bn ECG legacy debt cleared – ECG boss
The Managing Director for the Electricity Company of Ghana (ECG), Mr Kwame Agyemang-Budu, has indicated that the government has cleared its GH¢ 2.63 billion legacy debt owed the state entity.
Importers can’t bear the brunt of ICUMS/UNIPASS mess – GUTA
A new port clearing system that is expected to reduce clearance cost and time in line with the World Customs Organization’s Trade Facilitation Agreement is rather giving importers headache at the ports.
Park Agrotech, STM projects to run Komenda Sugar factory – Trade Minister reveals
The Ministry of Trade and Industry has signed an agreement with Park Agrotech Ghana Limited, a company incorporated in Ghana and operating in the agribusiness sector to operate the defunct Komenda Sugar Factory, the sector Minister John Alan Kyerematen has said.
Telecoming berths in Egypt to promote digital entertainment
Telecoming, the leading company in the development of digital services monetization technologies, lands in Egypt to promote digital entertainment. In a first stage, Telecoming will distribute Real Madrid official contents through local mobile operators who rely on Telecoming to increase their user engagement.
Ghana made US$3bn from Year of Return – Tourism Minister reveals
The Minister of Tourism and Creative Arts, Barbara Oteng-Gyasi, has revealed that Ghana’s successful organization of the ‘Year of Return’ brought in US$3.312billion. “By the end of the year, international arrivals reached 1.13 million, from 956,372 in 2018, a 27 percent growth which was above the global average of 5 percent. The average expenditure per […]
COVID-19: Ghana still needs GH₵17.9bn to address fiscal gap – Finance Minister reveals
Despite receiving some financial help from the International Monetary Fund, the World Bank and the Stabilization Fund of the country amounting to US$1.569billion, Ghana still needs GH₵17.9billion to address its fiscal gap as a result of the impact of the novel Coronavirus (COVID-19), the Finance Minister, Ken Ofori-Atta has revealed.
Unicredit case: BoG application for stay of proceedings dismissed
The Human Rights Division of the Accra High Court presided over by Justice Gifty Agyei Addo has dismissed an application by the Bank of Ghana (BoG) seeking to halt proceedings in a case initiated against it by HODA Holdings. The BoG was challenging the decision of the High Court that dismissed their claim earlier that […]
Go for it; Interest on GH₵600m CAP loan is just 3% – Akufo-Addo to SMEs
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, 19th May, 2020, launched the GH¢1 billion Coronavirus Alleviation Programme Business Support Scheme, which is being provided by Government and selected participating banks to micro, small and medium-scale businesses around the country.
Save our schools from collapse – Private schools appeal to Akufo-Addo
The Conference of Heads of Private Second-Cycle Schools (CHOPSS) and the Ghana National Association of Private Schools (GNAPS) have sent an SOS message to the President, Nana Addo Dankwa Akufo-Addo, appealing to him to help save their collapsing business. They want the President to give them a stimulus package that will revitalize their business and […]