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Business Articles

Business Articles category on the GhArticles website will focus on bringing readers entrepreneurial content and news in the world of business but locally and internatinally.

Government observes World Press Freedom Day; Advocates for Greater Economic Rights for Media

Minister of Information, Kojo Oppong Nkrumah

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 …

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EIU predicts 30% Cedi depreciation to dollar in 2023

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 …

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Lemonade Finance presents John Dumelo in “For Mama”

Lemonade Finance presents John Dumelo in “For Mama”

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 …

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Lemonade Finance presents Delay in “Wo si woyε musician?”

Lemonade Finance presents Delay in “Wo si woyε musician?”

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 seasoned media personality and serial entrepreneur Deloris Frimpong Manso …

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Lemonade Finance presents Dr Likee in “Wo bεka nukrε”

Lemonade Finance presents Dr Likee in “Wo bεka nukrε”

Lemonade Finance presents Dr Likee in “Wo bεka nukrε”   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 …

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Salaries Paid Via MoMo Will Attract E-Levy – GRA Warns

E-levy: GRA To Refund All Wrongful Deductions To Consumers

The Ghana Revenue Authority (GRA) has indicated that workers who receive their salaries through mobile money platforms will have E-Levy charges on them. According to a Principal Revenue Officer and Head of the Project Management Unit at GRA, Isaac Kobina Amoako, workers should brace themselves for this, starting May 2022. …

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Cedi Records 18.21% Depreciation To Dollar In Quarter 1; Ranked Among “Worst Spot Returns – Bloomberg

Cedi and Dollar

The cedi recorded an 18.21% rate of depreciation to the US dollar in the first quarter of 2022, according to Bloomberg. This still ranked the local currency as the worst among African currencies with the “Worst Spot Returns”. However, for the timely intervention by the Bank of Ghana, the situation …

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New Sachet Water Prices Takes Effect Today

Women selling sachet water

Sachet water price is expected to increase from today, April 1. According to the National Association of Sachet and Packaged Water Producers (NASPAWAP), the new price of packaged water is informed by the increasing cost of raw materials and fuel and the cedi’s depreciation. Barring any hitches, a water sachet …

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Fuel Prices Set To Go Fown By ¢1 From April 1 – Chamber of Bulk Oil Distributors

The Ghana Chamber of Bulk Oil Distributors (COBD) has forecast an up to ¢1 per litre reduction in fuel  prices by April 1, 2022. This follows several engagements the COBD had with the Bank of Ghana (BoG) and stakeholders to fashion out interventions, aimed at reducing the prices at the …

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