BUSINESS

Cocobod has announced plans to undertake a nationwide exercise to remove all swollen shoot-affected cocoa trees, to prevent the spread of the viral disease. The control programme, which has received government’s approval and is expected to commence soon, will include replanting over 1,000 hectares of cocoa trees in a 4-year period. The Executive Director, Cocoa Health and Extension Division (CHED) ...

Ghana’s leading mobile telecommunication network MTN has acknowledged the contribution customers are making to keep the company in business. The company believes the millions of customers connected to its network remain the backbone of their operations. The acknowledgement was made based on decades of customer loyalty and cordial relationship that has been existing between them which the company considered crucial to ...

The Millennium Development Authority (MiDA) has announced that Meralco Consortium has been selected to manage the Electricity Company of Ghana (ECG). “The Meralco Consortium was determined to have the highest combined technical and financial score and has therefore been designated as the Preferred Bidder,” MiDA said in a statement. Meralco Consortium, which is led by the Manila Electricity Company (Meralco), ...

About ten staff of the Social Security and National Insurance Trust [SSNIT], have been dismissed in the last few months for possessing fake certificates. The Director-General of SSNIT, Dr. John Ofori-Tenkorang, who made the revelation on the Citi Breakfast Show on Thursday said the ten were fished out when their certificates were vetted. “We had people who were in the ...

Some four officials of the Social Security and National Insurance Trust (SSNIT) including the former Director General, Ernest Thompson have been charged with wilfully causing financial loss to the state. Their indictment is as a result of an investigation by EOCO on the procurement of an ICT Software costing $72 million. The Company Secretary of SSNIT speaking during a press ...

Former workers of defunct domestic banks, Capital and UT, are rejecting claims that they pledged their End of Service Benefit (ESB) and Provident Fund (PF) for loans at the banks while working. The former workers in a statement argued that the funds must be released to them since it is their personal contributions made through an arrangement for monthly deductions ...

Ibrahim Mahama has said he has nothing to fear following the appointment of a Special Prosecutor, who is to go after corrupt persons. The brother of former president John Mahama, who is considered one of the wealthiest figures in Ghana, said he made his money through legitimate means and never took advantage of his sibling being in power to milk ...

Ghana has lost its mantle as the African economy likely to grow the quickest this year to Ethiopia, which has held the position for most of the past decade, according to data from the International Monetary Fund. West Africa’s second-biggest economy is expected to expand 6.3 percent this year, the IMF said in its World Economic Outlook released Tuesday. That’s ...

The former CEO of Gridco, Ing William Amuna, has disclosed Ghana for the past few days exports power to Ivory Coast, Benin and Togo. “Through our collective effort, we have been able to restore electricity supply to Ghana. Today, we have over 25percent of our installed capacity on standby and we do not import power,” he said Tuesday at an ...

Members of the Adansiman Progressive Association are asking the government to review its agreement with Anglogold Ashanti (AGA) as the company prepares to resume operations in Obuasi. The group comprising chiefs, opinion leaders and the youth say the current agreement will be to the disadvantage of the town which has seen little development despite 121 years of mining in the ...