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AirtelTigo’s new CEO takes office

Ms Mitwa Kaemba Ng’ambi has assumed the role of Chief Executive Officer of AirtelTigo starting today, Monday, 25 June 2018. On her first day at work, Ms Ng’ambi addressed staff during a town hall meeting at the company’s headquarters… Ms Mitwa Kaemba Ng’ambi has assumed the role of Chief Executive …

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Price of petroleum products to be reduced by over 2%

Recent figures from some bulk importers of petroleum products indicate that the price of petroleum products is to be reduced by over 2 percent from this weekend. JoyBusiness’ calculations shows that the price of petrol is likely to go down by 2.67%, translating to about 13.5 pesewas per litre. Diesel should be reduced by …

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Sales Revolution whips up interest of patrons

The first day of Citi Fm’s Sales Revolution ended with participants yearning for more. The event witnessed over a hundred sales men and women engaging experienced trainers on how to win in this modern era. The event continues tomorrow with another round of insightful lessons. For the third year in …

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Port inspection agencies to reduce from 16 to 3

The number of agencies undertaking joint inspections at Ghana’s ports is expected to reduce from 16 to 3. This will take effect from July 1, 2018. Vice President  Dr. Mahamudu Bawumia, who made this known at the MOBEX Tech Expo, is optimistic this decision will enhance efficiency at the county’s …

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Drop in cocoa prices will not affect Ghana–COCOBOD

Management of Ghana Cocoa Board has assured that it will implement effective measures to ensure that its revenue from the sale of cocoa is not affected by the recent drop in cocoa prices on the international market. According to the Head of Public Affairs at COCOBOD, Noah Amenyah, stated that …

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Inflation for May increases marginally to 9.8%

Inflation for the month of May has increased marginally to 9.8 percent. This represents a 0.2 percent rise when compared to the 9.6 percent recorded in April this year. The figure represents the second lowest inflation rate recorded since 2013. The Consumer Price Inflation, measures the average change over time, …

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Oil refiners in Africa push for uniform pricing

The African Refiners Association (ARA) has initiated steps to ensure a uniform pricing of fuel products in the West African region. According to the Association, the increasing smuggling of fuel products with low standards is the cause of disparities in prices across the region. Ghana lost some 200 million dollars …

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Ofori-Atta woos Japanese investors

Finance Minister, Ken Ofori-Atta has told Japanese businesses that the current stable macro and political environment is an opportune time for them to launch into the West African region using Ghana as the hub. “We are now combining politically stable environment with fiscal consolidation and macro stability and we would …

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BREAKING NEWS: BoG takes over Unibank

The Bank of Ghana has announced it has taken over the management of private bank, Unibank. The Governor of the central bank explained at a press conference, the takeover is due to challenges facing the bank. He mentioned weak supervisory standards and weak operations as the cause of the challenges. Ernest Addison …

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Ghana Must Review Investment Laws – German Minister

The German Minister for Economic Affairs and Energy, Brigitte Zypries, has called for a re-look at some aspects of Ghana’s investment laws as the country gears up for economic and industrial transformation. Delivering one of two keynote addresses at the Konrad-Adenauer-Stiftung Foundation’s German-Ghana Business Forum in Berlin Germany, the Minister …

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