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  • Create Middle Paths For Compromise – P.V. Obeng Urges Ghanaian Businesses

    Create Middle Paths For Compromise – P.V. Obeng Urges Ghanaian Businesses

    • 17 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Senior Presidential Adviser at the Presidency, Mr. Paul Victor Obeng has called on the business community and civil society to do more to establish their [...]

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  • The Kotoka International Airport

    Black Out: Flights Grounded At KIA

    • 16 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Many domestic flights have been grounded at the Kotoka International Airport due to a total blackout, Joy News has learnt. This has greatly affected ability [...]

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  • Oil Plant

    Oil Was Ghana’s Second Main Export In 2012 With Value Of $3B – Stanchart

    • 16 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Crude oil is now Ghana’s second main export, increasing moderately in the past two years from $2.7 billion in 2011 to $3 billion in 2012, [...]

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  • Inflation Rises To 10.6
Percent In April

    Inflation Rises To 10.6 Percent In April

    • 15 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Inflation for the month of April went up to 10.6 percent. This is 0.2 percentage points higher than the previous month’s figure of 10.4 percent. [...]

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  • ‘Gang Of 3’ Collapses Merchant Bank

    ‘Gang Of 3’ Collapses Merchant Bank

    • 13 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Merchant Bank Ghana cannot continue to operate beyond one month if its debtors do not rush to settle their obligations as soon as practicable, sources [...]

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  • Prof Stephen Adei

    Middle Income Is Just A Label – Prof Adei

    • 13 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Although Ghana is touted as a middle-income country, every other statistic points to a country of lower-income standing, Prof. Stephen Adei, former Rector of the [...]

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  • Oil Plant

    Oil & Gas Sector Likely To Stunt Agricultural Growth

    • 13 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Dr Joe Taabazuing, Senior Lecturer at the Ghana Institute of Management and Public Administration (GIMPA), has indicated that Ghana’s fast growing oil and gas sector [...]

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  • Vice President Kwesi Amissah-Arthur

    Ghana Will Manage Oil Revenue Well – Veep Pledges

    • 13 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Vice-President Kwesi Bekoe Amissah-Arthur has assured Ghanaians of the effective management of the nation’s oil proceeds and tasked the media and civil society to continue [...]

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  • Is SC Petition Creating Fear And Panic In China And Putting $3Bn CDB Loan In Limbo?

    Is SC Petition Creating Fear And Panic In China And Putting $3Bn CDB Loan In Limbo?

    • 12 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    If the ruling National Democratic Congress (NDC) government’s well-intended plan of using the US$3bn Chinese loan secured from the China Development Bank(CDB) to embark on [...]

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  • Bank Of Ghana To Approve First Rand’s Takeover Of Merchant Bank

    Bank Of Ghana To Approve First Rand’s Takeover Of Merchant Bank

    • 10 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    The Bank of Ghana says it would soon give its final approval to the takeover of Merchant Bank by First Rand of South Africa. According [...]

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  • JP Morgan Secures License From BoG To Begin Operations In Ghana

    JP Morgan Secures License From BoG To Begin Operations In Ghana

    • 9 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    One of the biggest banks in the US, JB Morgan has secured license from the Bank of Ghana to open a representative office in Ghana. [...]

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  • Kosmos Downplays Gas Flaring Concerns

    Kosmos Downplays Gas Flaring Concerns

    • 8 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Brian Maxted, Chief Executive Officer of Kosmos Energy, one of the partners in the Jubilee oilfield, has said that there are a lot of options [...]

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  • SSNIT To Arrest Heads Of 17 Companies

    SSNIT To Arrest Heads Of 17 Companies

    • 7 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    The Social Security and National insurance Trust (SSNIT) has secured bench warrants for the arrest of directors and owners of 17 companies for defaulting in [...]

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  • Prez Mahama Stops Sale Of
Merchant To First Rand Bank

    Prez Mahama Stops Sale Of Merchant To First Rand Bank

    • 7 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Information reaching XYZ News indicates that President Mahama has personally intervened in the sale of Merchant Bank to First Rand Bank of South Africa. According [...]

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  • GOIL Records 23% Profits

    GOIL Records 23% Profits

    • 6 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Oil marketing firm, GOIL posted 23 percent profit for the first three months of this year. Its profit inched up to 3.2 million Ghana cedis [...]

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  • ‘Create Atmosphere For Business
Growth’

    ‘Create Atmosphere For Business Growth’

    • 3 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Government has been asked to create a congenial atmosphere for businesses to expand. Speaking at a Breakfast Meeting of Ghana Employers’ Association at Takoradi yesterday, [...]

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  • Delays In Completion Of Jubilee Oil Field
May Lead To Flaring Of Gas

    Delays In Completion Of Jubilee Oil Field May Lead To Flaring Of Gas

    • 2 May 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    An Energy Analyst, Muhammed Amin Adam has said the current delays in the completion of the gas infrastructure project by SINOPEC could result in the [...]

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  • May Day Bonus: Daily Minimum Wage Increased By 17%

    May Day Bonus: Daily Minimum Wage Increased By 17%

    • 30 April 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    The Daily Minimum Wage is now pegged at GHC5.24. It has been increased by 17 per cent from GHC4.48 by the National Tripartite Committee (NTC) [...]

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  • Partnerships Must Benefit
Africans – Mahama

    Partnerships Must Benefit Africans – Mahama

    • 30 April 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    President John Mahama has called on foreign investors hoping to invest in Ghana and the African continent to develop partnerships “that would be a win [...]

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  • Election 2012 Petition: Live Coverage Causes TV Stations To Lose GH¢ 47,680 Daily

    Election 2012 Petition: Live Coverage Causes TV Stations To Lose GH¢ 47,680 Daily

    • 30 April 2013
    • By Jeffrey Owusu-Mensah
    • Business
    • Comments

    Investigations conducted by Joy News have revealed that television stations telecasting the election petition hearing at the Supreme Court, lose as much as Gh¢ 47,680 [...]

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