Browsing: Business
Business Bushfires Poles
The Volta Directorate of the Public Utility Regulatory Commission (PURC) has embarked on a field trip to assess the damage caused to electricity poles by wildfires…
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Victoria Emeafa Hardcastle has been appointed as the Acting Chief Executive Officer of the Petroleum Commission by President John Dramani Mahama. The announcement, dated January 17,…
Joseph Boahen Aidoo resigns as CEO of COCOBOD
The Chief Executive Officer of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has officially stepped down from his position, effective January 7, 2025. His resignation follows…
Audit reveals GH₵490m revenue discrepancy at ECG
An audit of the Electricity Company of Ghana’s (ECG) revenue collection has uncovered a GH₵490 million discrepancy in reported revenue between October and December 2023. The…
EMEA Finance African Banking Awards: Stanbic Bank named Overall Best Bank in Ghana
Stanbic Bank Ghana has been named the Overall Best Bank in Ghana at the 17th edition of the prestigious EMEA Finance African Banking Awards 2024. The…
Ghana loses $320 million arbitration dispute over tax assessment with Tullow Oil
In a significant development, the International Chamber of Commerce (ICC) has ruled in favour of Tullow Oil regarding a $320 million tax dispute with the Ghana Revenue Authority…
GACL shuts down McDan Aviation Private Jet Terminal over $3m debt
The management of the Airports Company Limited (GACL) has shut down the McDan Aviation Private Jet Terminal due to an outstanding debt of over $3 million.…
No shipper using a port in Ghana should pay for cost associated with delays – GSA
The Ghana Shippers Authority (GSA) has announced that no shipper using a port in Ghana should pay for cost associated with delays not occasioned by the…
Policy rate to fall to 22.5% in 2025 – Deloitte
Professional services firm, Deloitte, is predicting a persistence reduction in interest rates in 2025 on the back of a sustained disinflationary trend. It is thus forecasting…
“We have not rebranded” – CEO of Donewell
Mr. Seth Kobla Aklasi – Chief Executive Officer of Donewell Insurance, has clarified that Donewell Insurance has not rebranded. The concerns were borne out of a…