Business

Ghana’s local currency – the cedi has been classified among African currencies with the ‘worst Spot Returns. This is according to a Bloomberg report. On the World Currency Ranker, the...

There is an impending power crisis as the Chamber of Independent Power Producers (IPPs) has directed its members to cut supply to the national grid from July 1. The directive...

The Bank of Ghana (BoG) has taken strict action against Fidelity Bank and First National Bank Ghana Limited, imposing a combined penalty of 1000 penalty points each. The penalties have...

The Ministry of Energy has refuted claims, indicating that no contract has been signed between Tema Oil Refinery (TOR) and its potential partners, Torentco. The Ministry insists that even though...

The management of the Tema Oil Refinery (TOR) has declared the Torentco deal as the best option to revamp the refinery and ensure its long-term sustainability. TOR, a vital entity...

The Consumer Protection Agency (CPA) has accused British Airways of charging Ghanaians seeking to buy airline tickets an additional $50 fee. Insisting that the extra fee is illegal, the CPA...

The year-on-year Inflation for May 2023 jumped to 42.2% from 41.2 % recorded in April 2023. The marginal increase was largely influenced by a spike in Food Inflation during the...

According to Chamber of Petroleum Consumers (COPEC), petroleum prices are expected to rise slightly in the upcoming pricing window of June, with the exception of Liquefied Petroleum Gas (LPG). The...

The Bank of Ghana (BoG) has cautioned the general public against transacting with some 97 unlicensed entities that are engaged in the provision of loans through mobile applications. Some of...

Just 16 months after being employed as a contract staff at Absa Bank Ghana – Osu Branch, 25-year-old Emmanuel Sakyi Afriyie  was able to break  into customers’ accounts to  allegedly...