Business

Komenda Sugar Factory Begins Full Operation InJuly

July 14, 2022

All is set for the Komenda sugar factory, located in the Central region to commence a full-scale operation by ending of this month, barring any last-minute hitch, The Anchor has gathered. A top official at Trade and Industry Ministry, in a direct answer to a question pose to him by this paper said, the facility […]Continue Reading

Business

Eastern Region records highest inflation rate among all the regions in June

July 13, 2022

During the month of June 2022, the Eastern Region recorded the highest inflation rate among all the regions, the Government Statistician, Professor Samuel Annim has announced. The Upper East recorded the lowest. “From the regional perspective we identified the Eastern Region recording the highest rate of inflation of 35.8 per cent and the Upper East […]Continue Reading

Business

June inflation up, records 29.8%

July 13, 2022

June 2022 inflation rate recorded 29.8 per cent, up from the 27.6 per cent recorded in May same year, the Ghana Statistical Service (GSS) has announced on Wednesday July 13. The Government Statistician, Professor Samuel Annim at a press conference in Accra said the Eastern Region recorded the highest rate of inflation among the regional […]Continue Reading

Business

IMF advises Parliament to approve a $1bn loan to prevent economy from grinding to a halt

July 13, 2022

The team from the International Monetary Fund (IMF) has advised Ghana’s Parliament to approve a $1bn loan that is before the House in order to prevent economy from grinding to a halt, TV3’s Parliamentary correspondent Komla Kluste has reported. The team met the Finance Committee of Parliament on Tuesday July 12 as part of its […]Continue Reading

Business

HR professionals urged to adopt ‘hybrid work’ to organisational corporate plan

July 12, 2022

Human Resource (HR) professionals in Ghana have been urged to align HR Hybrid working plan with organisational corporate plan. Speaking at the Conferral Ceremony of Chartered Membership of the Chartered Institute of Human Resource Management, Ghana (CIHRMG) on Friday, July 8, 2022, HR Generalist, Dorothy Asante, explained that hybrid work regimes boost productivity and aid Continue Reading

Business

European chocolate firms ripping off cocoa farmers—COCOBOD CEO

July 12, 2022

The Chief Executive Officer of COCOBOD, Joseph Boahen Aidoo, has accused European companies that buy cocoa beans from Ghana and Ivory Coast of deliberately setting conditions that always keep the global prices of cocoa beans down. According to him, cocoa farmers from the two countries have been made worse off due to unfair pricing regime […]Continue Reading

Business

IMF team to engage Bawumia, Parliament today

July 12, 2022

The visiting team from the International Monetary Fund (IMF) is expected to engage the Vice President, Dr Mahamudu Bawumia, today as part of its data gathering and engagement with the government. This is one of the high-level meetings that the team will be holding together with the government’s policy and technical team. Joy Business is […]Continue Reading

Business

We won’t accept an appeal; come with a mandate – Workers tell govt

July 12, 2022

The Public Services Workers Union (PSWU) has sent a prior notice to the government ahead of their meeting to come with a mandate not an appeal to resolve the agitation for 20% Cost of Living Allowance (COLA) by organized labour. In an interview with Alfred Ocansey on 3FM Sunrise Morning Show, the General Secretary of […]Continue Reading

Business

Public Services Workers declare strike

July 12, 2022

Members of the Public Service Workers Union (PSWU) of the Trades Union Congress (TUC) have declared strike starting Tuesday July 19. They cite the rising rate of inflation in the country and other factors as the reason behind their decision. A press statement announcing the decision on Tuesday July 12 said “This situation is further […]Continue Reading

Business

Going to IMF is most appropriate thing to do – Andani

July 12, 2022

The decision by the Government of Ghana to seek an International Monetary Fund (IMF) intervention is apt, former Chief Executive Officer of Stanbic Bank Ghana, Dr. Alhassan Andani, has said. He explained that in every economic establishment, one will get to a point where expenditure exceeds the income generation. Therefore, there will be the need […]Continue Reading