Business

SMT Ghana launches 4 new Volvo heavy-duty trucks with driver in focus

June 24, 2022

SMT Ghana, the official distributor of Volvo Construction Equipment, Volvo Trucks and Volvo Penta in Ghana, has held a grand ceremony in Accra to launch four new Volvo heavy-duty truck ranges with a strong focus on the driver’s environment, safety and productivity. The four new-generation extra-heavy commercial trucks – the Volvo FH, FH16, FM and […]Continue Reading

Business

Parliamentary leadership visits Dzata Cement Limited

June 24, 2022

The Majority Leader in Parliament, Osei Kyei Mensah-Bonsu together with the Minority Leader, Haruna Iddrisu on Thursday led members of the Select Committees of Trade and Industry and Works and Housing on a familiarisation tour of Dzata Cement at Tema.   The Majority Leader in his remarks called for the need to extend the benefits […]Continue Reading

Business

Ghanaian pharmaceutical companies to distribute COVID-19 vaccines produced in Africa – Nana Addo

June 24, 2022

President Nana Addo Dankwa Akufo-Addo has announced a consortium of Ghanaian pharmaceutical companies ready to package and distribute COVID-19 vaccines that will be produced by BioNTech in Africa.   The German manufacturing giant, BioNTech on Thursday, June 23, 2022, cut sod for the construction of a vaccine production plant in Kigali, Rwanda, which will have […]Continue Reading

Business

UK watchdog fines Ghana International Bank for poor anti-money laundering systems

June 23, 2022

Britain’s Financial Conduct Authority (FCA) has fined Ghana International Bank (GHIB) 5.8 million pounds ($7.1 million) for failings in its anti-money laundering controls. The FCA said the bank provided correspondent banking services to other lenders, allowing them to provide products and payment services they would otherwise be unable to provide. Between January 2012 and Continue Reading

Business

There is no time to waste; seek for IMF support – government told

June 23, 2022

Associate Professor of Finance at Andrews University in the United States, Dr. Williams Kwasi Peprah, says time is running out for the government of Ghana to seek economic support or programme from the International Monetary Fund (IMF) since the economic fundamentals are deteriorating. He is basing his argument on the fact that the country’s net […]Continue Reading

Business

Abandoned Ejura Farms Rotting Away

June 23, 2022

The Ejura Farms Ghana Limited located in the Ejura-Sekyedumasi district of the Ashanti Region, is still rotting away, as successive governments come and go without any attempt to revive it. The current deteriorating condition of the farms, again brings to the fore, concerns about Ghana’s poor maintenance culture of its assets. Photos of the onetime […]Continue Reading

Business

AfDB names Jacques Edjangue as Ag Veep, People and Talent Mgt Complex

June 21, 2022

The African Development Bank is pleased to announce the appointment of Mr. Jacques Edjangue as Acting Vice President, People and Talent Management Complex, effective 20th June 2022. Edjangue, a Cameroonian national, is currently Acting Director of the Human Resources Management Department, and also Director of the Language Services Department. A thought leader, Jacques has Continue Reading

Business

Let NAM1 be; withdraw court case – Defrauded customers tell gov’t

June 21, 2022

Some aggrieved customers of Nana Appiah Mensah’s defunct Menzgold company are agitating for the prosecution of NAM1 to be suspended by the state. In their view, minus the criminal prosecution of the former Menzgold CEO, they would have got their locked-up funds by now. “We are really disappointed in how the government is handling the […]Continue Reading

Business

Admit the economy is not in good shape – Boakye Agyarko tells Akufo-Addo

June 21, 2022

A former Energy Minister, Boakye Agyarko, says the country’s current economy is not in a good place. Mr. Agyarko, as a result, wants the government led by the President to admit this to Ghanaians so the citizens can come on board to implement measures that will rectify the situation. According to him, no institution or […]Continue Reading

Business

Industrialization is Ghana’s only way of withstanding market volatilities – Ahomka-Lindsay

June 21, 2022

A former Deputy Minister for Trade and Industry, Robert Ahomka-Lindsay says Ghana must take seriously its industrialisation drive to ensure that its economy is able to withstand volatilities on the international market. According to him, the current structure of the country’s economy overly exposes it to changes in western markets and makes it vulnerable. Speaking […]Continue Reading