Business Articles

A recent visit to the Adabraka Fish Market in Accra by GBC News has brought to light an alarming surge in the prices of fish sourced from the Volta River. This price hike is attributed to the escalation of water levels and the spillage of excess water from the Akosombo …

In a bid to rectify payroll anomalies, the Fair Wages and Salaries Commission (FWSC) is calling upon public institutions to take proactive measures. The FWSC’s appeal for immediate action comes in response to the discovery of multiple irregularities during their extensive payroll monitoring initiative launched in April 2023. Of the …

The latest data released by the International Monetary Fund (IMF) during the IMF/World Bank meetings in Morocco on October 10, 2023, paints a more positive picture for Ghana’s economic growth in 2024, despite the challenges it has faced in recent times.   According to the IMF’s projections, Ghana is expected …

Chinese mining company, Cardinal Namdini Mining Limited, a subsidiary of Shandong Gold, has announced plans to construct an airport in northern Ghana’s Upper East Region. The airport will serve the region and support the company’s gold mining operations. Initially, Cardinal Namdini had proposed building an airstrip exclusively for its own …

  In a recent report, the World Bank has sounded the alarm for Sub-Saharan Africa, highlighting the pressing need for stability, economic growth, and job creation to prevent what could become a ‘lost decade’ for the continent. The report, titled “Africa’s Pulse,” paints a somber picture of the region’s economic …

In a heartfelt tribute to commemorate the life of the late Ga Manye, the Paramount Queen of Ga State, HRM Naa Dedei Omaedru III, the Central Business District (CBD) of Greater Accra will observe a temporary closure of businesses for three days, spanning from October 27th to the 29th. This …

In honour of World Press Freedom Day, the government praised the Ghanaian media for its indispensable role in the country, while emphasising the importance of economic rights in assisting efforts to rebuild faster following the recent global economic challenges. This year’s anniversary, themed ‘Shaping a Future of Rights: Freedom of Expression …

In a text message to all customers, MTN Ghana has announced that its data zone bundle offers will return Friday, May 5, 2023 with revised prices. “Dear Valued Customer, kindly be informed that effective May 5th, 2023, Data Zone bundles will be available to you with revised offers. Visit www.mtn.com.gh …

In its 2023 Country Report on Ghana, the UK-based Economist Intelligence Unit (EIU) has predicted a 30% depreciation of the cedi to the dollar, which is lower than the estimated 44% depreciation of the local currency in 2022 but still a significant decline from current levels. “We now expect the currency …

Lemonade Finance is a cross-border payment solution that enables Africans in the Diaspora to send money to Ghana and other African countries. The App is available on the iOS and Google Play Store.   On October 14th, 2022, Lemonade Finance announced John Dumelo, a veteran actor and entrepreneur alongside Deloris …