Business

The Electricity Company of Ghana (ECG) National Taskforce has once again disconnected the Tema Oil Refinery (TOR) from the national power grid for failure to settle its debt. The disconnection took place on Tuesday, July 13, 2023, when the power supply company embarked on phase two of its revenue mobilisation exercise. The …

Telecommunications network AirtelTigo has announced its official rebranding as AT, effective from Thursday, June 22, 2023. In November 2017, Airtel and Tigo merged to form AirtelTigo, offering a range of telecommunication services such as data, mobile money, and mobile voice services. Following the rebranding, the new name, AT, will be applied to …

Caterers of the Ghana School Feeding Programme (GSFP) have called off their nationwide strike. National President of the GSFP, Mrs Charlotte Ashiakie Asante made this known at a press conference. She apologised to all affected schools for the inconveniences over the period during which caterers were not working. But Mrs …

Cybersecurity analyst, Maximus Ametorgoh has called upon the Bank of Ghana to strengthen its regulation of loan applications, citing the potential risks faced by borrowers due to the proliferation of uncertified loan apps. His recommendation comes in response to recent actions taken by the Bank of Ghana, which has cracked …

The Ghana National Petroleum Corporation (GNPC) has offered a full scholarship to Stephen Koomson to study Law at the University of Ghana (Legon). The 21-year-old recorded outstanding results in the West Africa Senior School Certificate Examination (WASSCE) in 2021 but was involved in illegal mining, known as ‘galamsey’, just to make ends meet. …

A contract staff of one of the major banks [name withheld] in Ghana has been arrested by security agencies for allegedly stealing close to GH¢1.2million from customers’ bank accounts. He used two months to move the said amount from the various customers’ bank accounts to a branch of the bank …

The Minister of Trade and Industry, Kobina Tahir (KT) Hammond, has given a detailed account to Parliament of entities which have benefitted from the one-District-One-Factory (1D1F) initiative. He mentioned that GHS 14,407,808.00 have been disbursed to 60 companies across the country through the Exim Bank. Some of the beneficiary companies include Royal …

Communications Minister, Ursula Owusu-Ekuful says persons who do not legitimately have the Ghana Card but have had their SIM cards deactivated must reach out to the National Communication Authority (NCA) for a resolution. According to her, the affected users would have to provide evidence to that effect. “In recognition of …

National Democratic Congress (NDC) Member of Parliament for Pru East constituency, Dr Kwabena Donkor has criticised some assertions made by the World Bank Country Director about power agreements signed under the NDC government. World Bank Country Director, Pierre Frank Laporte has accused previous and current governments of doing a poor …

The International Monetary Fund (IMF) has proffered three policies including acquisitions and mergers of banks and non-banks to mitigate the possible systematic financial instability in Ghana. These policies captured under the Risk Assessment Matrix contained in the recent IMF country report on Ghana, aim to mitigate risks and ensure the …