Business

The Chief Executive Officer (CEO) of KasaTalk Study Abroad, B. Akwetey Amaah has reacted to the news regarding the arrest of four Ghanaian students in the United States for allegedly using forged documents to gain university admission. The four students Otis Opoku, Evans Oppong, Cyrilstan Nomobon Sowah-Nai, and Henry Dabuo, have …

The proposed draft bill for merger of VRA with Bui Power Authority, the Electricity Company of Ghana (ECG) with the Northern Electricity Distribution Company (NEDCo), as well as the establishment of an independent Thermal Power Authority from VRA’s thermal plants have been rejected by the Staff Groups of the Volta …

The Chief Executive Officer of Engineers & Planners Limited, Mr Ibrahim Mahama has denied that he was a debtor of Merchant Bank. This comes after Investigative journalist Manasseh Azure Awuni’s latest book, “The President Ghana Never Got,” said. ““The Universal Merchant Bank (UMB), formerly stated owned Merchant Bank, generated uproar …

Following a report that some Oil Marketing Companies (OMCs) have failed to remit their money to the National Petroleum Authority (NPA) after petroleum products were bought, Myjoyonline.com has released the list of OMCs that owe GH₵59 million in levies to BOST. According to the Chief Executive Officer (CEO) of Bulk …

The Chief Executive Officer (CEO) of Bulk Energy Storage and Transportation Limited (BEST) formerly, Bulk Oil Storage and Transportation (BOST), Dr Edwin Provencal has revealed that 44 oil marketing companies have been closed down with GH₵59 million levies owed to BOST. According to him, the Oil Marketing Companies (OMCs) collected …

President Nana Addo Dankwa Akufo-Addo has slammed the Social Security and National Insurance Trust (SSNIT) decision to offload some of their hotels to Minister for Agriculture, Bryan Acheampong’s Rock City Hotels. According to the president, the controversy that was recently generated by SSNIT’s efforts to offload non-performing assets in its …

The World Bank has commended the government of Ghana for their efforts towards economic recovery. According to World Bank Country Director, Robert Taliercio O’Brien, Ghana has managed to reduce inflation and expenditure last year which resulted in a 7.9 percentage point decrease in spending. Speaking in an interview on Joy …

Celebrated actress and movie producer, Yvonne Nelson, says interest on bank loans make no sense. Narrating the struggles she went through when building her school, the actress indicated at a point when she ran out of funds, she went to the banks for loan and the percentages were not making sense …

Google’s move to create a monopoly for its search engine, exploiting its dominance to squash competition and stifle innovation, has been ruled as illegal by a United States Judge. The ruling issued by U.S. District Judge Amit Mehta on Monday is a major blow to Alphabet, Google’s parent company, and …

The Dormaahene, Osagyefo Oseadeeyo Agyeman Badu II, has attributed the economic hardships in Ghana to the depreciation of the Ghana cedi. He said the Ghana cedis which has increased between 7 to 8 years under President Nana Addo Dankwa Akufo-Addo’s NPP government has affected businesses leading to the economic hardships. …