Fuel prices to reduce further from next week

Joy Business is forecasting that petroleum prices will witness another significant reduction from next week. Based on our calculations, petrol would go down by almost 4.84 per cent per litre, while, diesel should be reduced by 5.37 per cent. LPG may go down by 4 .61 per cent per kilogram. Why the reduction? We understand […]

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Parliament to summon ‘disrespectful’ TOR over unaccounted financials

The Energy Committee of Parliament has hinted it will soon order the Tema Oil Refinery (TOR) to appear before the house to give account of its operations after declining earlier invitations.Ranking Member of the Committee, Adam Mutawakilu, disclosed the committee has not been able to look at TOR’s 2017 financial statements because the company have […]

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Customers are to be treated as Kings and Queens – Felix Dompley

The general manager of Brakwa Breman Rural Bank (BBRB) Mr. Felix Dompley has made it clear that, customers of every bank are to be treated as Kings and Queens but not to be brutalized. Talking to the press at the bank’s 33rd Annual General Meeting (AGM) which was held this weekend at Breman Asikuma, in […]

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How much South Africa’s richest man got paid in 2018

South Africa’s richest man (Bloomberg) and founder and chairman of luxury goods company Richemont, Johann Rupert, has taken a pay cut in 2018, but still walked off with a R39 million salary in 2018. Richemont has published its annual report for the 2018 financial year, showing what the group paid its senior executives for the year. Rupert’s […]

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“We Will Create Assets For Ghana From Oil Revenues” – President Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, says his government is going to use oil revenues to create assets for the country, and not waste it on consumption. According to President Akufo-Addo, as a relatively new entrant in the league of oil-producing countries, Ghana is not going to treat her oil like she […]

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Veep Launches Mobile Money Interoperability Next Week

Vice President Dr Mahamudu Bawumia is set to launch the mobile money interoperability system next week. This means it will be possible from next week to send mobile money from one mobile phone network to another seamlessly when the mobile money interoperability is launched. The launch to be performed by the Vice President will come […]

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First Sea Wave Electric Plant To Be Constructed In Ada

Ghana’s energy sector is set to receive a major boost, withthe signing of a contract for the construction of the first wave energy plant in Ghana, near Ada in the Greater Accraregion. According to TC’s Energy, a Ghanaian renewable energy production company, the 100 Megawatt wave plant, whendelivered in 24 months, will be one of […]

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“GHANA IS A HAVEN OF PEACE, SECURITY AND STABILITY” – AKUFO-ADDO TELLS UK INVESTORS

  The President of the Republic, Nana Addo Dankwa Akufo-Addo, has told investors and business leaders from the United Kingdom that Ghana is the ideal place in the West African Region, and on the Continent, to invest and conduct business. According to President Akufo-Addo, “Ghana is a haven of peace, security and stability, a country […]

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Recaptalisation Brouhaha: Government intervention will undermine BoG – Former deputy Governor

  A former deputy Governor of the Bank of Ghana (BoG), Emmanuel Asiedu-Mantey has expressed disquietabout some local banks petitioning the president to have the 31 December deadline for the recapitalisation of banks spread over a four year period. Speaking exclusively to TV3, Asiedu-Martey says he does not support the move. “I’m totally against the […]

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