Business

“Please don’t leave our country” – Mahama appeal to investors in Ghana

The unstable economic situation in Ghana has negatively affected businesses and the citizens which many of them are moving to better themselves in different countries. The economic crisis in the West Africa country has also forced numerous international corporations such as “GAME, Glovo, Nivea, BIC Pen, Dark and Lovely, BET365, …

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I am committed to revamp TOR in my next administration – Mahama

Former president John Dramani Mahama has assured that his next administration is committed to revamp the Tema Oil Refinery (TOR) through a joint private-public partnership if elected as president. He said the refinery needs significant attention, and a transparent process for private participation is crucial in bringing the refinery back …

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Excessive traveling is the major cause of cedi depreciation – Stephen Amoah

Deputy Minister of Finance, Dr. Stephen Amoah, has urged Ghanaians to patronize local businesses and tourist sites. He said if the business owners and tourism sites expand their operations to make it more attractive to the locals the foreigners will come to Ghana and eventually reduce the pressure on the …

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Infrastructure development is key to unlocking the continent’s prosperity – Gabby Asare Okyere-Darko

Gabby Asare Okyere-Darko, the Founder and Executive Chairman of the Africa Prosperity Network (APN), has emphasized the critical importance of Africans investing in infrastructure development across the continent. Speaking at the official launch of the third edition of the Africa Prosperity Network in Accra on last Monday, 13th May, 2024, …

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Upgraded Kumasi Airport is International Airport – Theo Acheampong, PhD writes

IS THE NEW [UPGRADED] KUMASI AIRPORT INTERNATIONAL? YES! I am no aviation guru, but I do love research so do indulge me here. The International Civil Aviation Organization (ICAO), which is a specialised agency of the United Nations that coordinates the principles and techniques of international air navigation, defines an …

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Facts on the Prempeh I International Airport in Kumasi

President Nana Addo Dankwa Akufo-Addo on Friday, May 10, 2024 officially inaugurated the Prempeh I International Airport in Kumasi. He was accompanied by Asantehene, Otumfuo Osei Tutu II and other government officials. WHAT SAMMY GYAMFI WROTE? After much fumbling, the visibly confused and nervous Minister stated among other things that, “the …

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Dr. Godfred Amewu calls for diversification in investments to enhance individual financial planning

In order to promote individual financial planning most especially for retirement, Ghanaians have been called upon to adopt and expand personal investment for the future. A lecturer at the University of Ghana Business School’s Department of Finance Dr. Godfred Amewu who made this call said it is imperative for everyone …

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Asantehene slams government over IMF Bailout

Asantehene Otumfuo Osei Tutu II has slammed the government for their request for a $3 billion bailout from the International Monetary Fund (IMF) to support Ghana’s economic recovery. According to him, if the government comes to a point to understand their position in the country and give the private sectors …

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Tema-Mpakadan Railway project; A railway line to nowhere – Sammy Gyamfi writes

1. The erstwhile NDC government, led by the visionary Nation Builder, H.E. John Dramani Mahama, initiated the Tema to Akosombo (now Mpakadan) railway project as part of the country’s strategy to build a multi-modal transportation network to improve connectivity between the Tema Port and the northern parts of the country …

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Asantehene advocates for privatization of the energy sector to end dumsor

Asantehene Otumfuo Osei Tutu II has advocated for privatization of the energy sector to stop power crisis. He said the private sector should be given the mandate to run industries such as the Volta River Authority (VRA), Ghana Grid Company (GRIDCo), the Electricity Company of Ghana (ECG) in order to …

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