BUSINESS

An Economist at the University of Ghana Business School, Dr Lord Mensah, says Ghana’s economy has been in distress since 2017 adding that the government must reduce its appetite for borrowing from the local market. Speaking on the Morning Starr on Monday, May 10, Dr Mensah said the government must also restructure its policies and put in place policies that ...

The minister of Information, Kojo Oppong Nkrumah, says the Akufo-Addo government had to embark on extra borrowing in order to get the Ghanaian economy functioning despite the harsh impact of COVID-19. He said the media must play a role in reminding Ghanaians about the devasting impact the pandemic has had on the world economy and the need to work with ...

On the 23rd of April, 2013, Tonaton.com made its entry into the Ghanaian online marketplace space. Before its entry, the Ghanaian online marketplace industry could be described to be under-served. Saltside which is on a mission to create leading marketplaces in under-served markets made a bold decision to bring online buying and selling to the Ghanaian people through Tonaton.com. Starting ...

Speaking to Starr News, Executive Director of COPEC Duncan Amoah who commended the ministry for the initiative said work must begin immediately to further remove taxes that burden consumers. He said “we’ve had ministers of energy in the past, they’ve only paid lip service. You talk about these things, sometimes, they even come out with the posturing that says there’s ...

The Students Loan Trust Fund (SLTF), has warned the public, especially applicants of the loan to refrain from paying so-called “processing fees” to online scammers who promise to expedite the application and payment process for them. According to the Head of Public Relations of the SLTF, George Ferguson Laing, the Fund has an open application process which ensures that all ...

Ghana’s indigenous eCommerce & SMS messaging company, Hubtel.com has entered into a partnership with Visa, to expand access to seamless payments on its eCommerce platform. This partnership with Visa provides consumers with access to more merchant services on Hubtel’s eCommerce platforms. It also allows Hubtel to explore further innovative payment services such as “tap to phone,” amongst others, to reduce ...

An industrialist and economist, Mr Tony Oteng-Gyasi, has called for urgent investigations into how China earned a better price for its first consignment of cocoa export than what Ghana received for its premium cocoa beans. He told the Graphic Business on April 23 that the investigations must be immediate and help to establish why 500 kilogrammes (kg) of the bean ...

The Institute for Energy Policies and Research (INSTEPR) has called for the immediate decommissioning of the oil rig, Mr Louie, sited at Saltpond in the Central Region. It has warned of an environmental catastrophe if action is not taken on the 65-year-oil rig, whose production platform was in a very bad and threatening condition, stressing that imminent oil spillage would ...

Distinguished Ladies and Gentlemen, it is a pleasure for me to be here today as the guest speaker for this occasion. The first time I spoke at a Rotary Club function sometime in the 90’s my speech got me into a lot of trouble with the then President of our country. The title of my speech was, “Poverty breeds social ...

Government has assured that the $2.7 billion in investment inflows reported by the Ghana Investment Promotion Centre (GIPC) for the year 2020 will be put to prudent use for the benefit of Ghanaians. Speaking at a press conference in Accra on Sunday April 18, 2020, Minister for Information, Kojo Oppong Nkrumah said government will continue to assiduously pursue worthwhile investments ...