The National Petroleum Authority (NPA) has reaffirmed its commitment to easing operational expenses for liquefied petroleum gas (LPG) traders. This commitment comes in response to concerns voiced by the LPG Marketers Association regarding the imposition of an $80 per metric ton (MT) fee on suppliers’ premiums, specifically aimed at bolstering bottling plant and cylinder investment […] The post We’re
Corn mill operators at the Kaneshie Market in Accra are experiencing significant financial difficulties as a result of the ongoing power outages in the country. Relying heavily on electricity for their operations, these operators are witnessing a decline in their income streams, which is further exacerbated by the spoilage of soaked corn and other products […] The post Corn
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […] The post Domestic
The Eastern Regional Women’s Organizer of the National Democratic Congress (NDC), Shirley Naana Osei Ampem, has announced that under the next NDC government, all modern market centers constructed by the government will include a wellness clinic and a crèche. This gender-centered initiative aims to provide market women and their children with access to quality healthcare […] The post Market
The Chairman of the Federation of Kumasi Traders Association, Nana Prempeh, has threatened to sue the Ghana National Fire Service (GNFS) and the management of the Kejetia Market in Kumasi. According to him, the market has been operating without a fire certificate and insurance cover, which is a violation of the GNFS’s Legal Instrument (LI) […] The post Federation
Chairman of the Federation of Kumasi Traders, Nana Prempeh, has raised serious concerns, traders at the Kejetia Market particularly those at the ground floor are exposed to poisonous vehicular fumes. He made the disturbing observation in an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM. According to Nana Prempeh, the extractors installed to absorb these […] The post Kejetia
For the second time, the Kejetia Market in the Ashanti region finds itself disconnected from the national power grid due to a Ghc70 million debt owed to the Electricity Company of Ghana (ECG). Since the disconnection occurred about a week ago, the market has been dependent on an alternative power plant as its energy source. […] The post Dumsor: ECG disconnects Kejetia
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
Fire has destroyed several shops and goods at the Madina market. The inferno which was triggered at about 9pm on Wednesday, April 11, was still ragging at about half past midnight. Despite initial difficulties breaking into the shops, personnel from the Ghana National Fire Service were able to douse the fire. Deputy Director of Operations […] The post Fire destroys several shops
The Krofrom market, a multi-million dollar commercial edifice in one of the prominent suburbs of Kumasi, is now a den of rodents and criminals. The site has grown into a forest, where young boys set traps for rats. It has also become a den for all sorts of criminal activities during the day and night. […] The post Ashanti Region: Multi-million
As part of efforts to deal with internal threats within state institutions, Makers and Partners (MAP), an accountancy firm has organized a one-day capacity building workshop for 10 internal auditors of the Environmental Protection Agency (EPA). The forensic investigation training being spearheaded by MAP aims at equipping the Internal Audit function with the requisite skills […] The post Makers
Head of Financial Advisory & Equity Capital Markets at Stanbic Bank, Isaac Simpson, has emphasized the need for collaboration between the right stakeholders in order to form the necessary policies to accelerate sustainable finance. He made this statement at the 2024 Africa Energy Technology Conference, held at the Labadi Beach Hotel. Speaking on the topic […] The post
Police in the Ashanti Region have apprehended five individuals in connection with an alleged assault on fire officers responding to a fire outbreak at the Racecourse Market on Monday, March 11, 2024. During the altercation, one of the fire officers sustained injuries. The suspects accused the fire service personnel of delayed response, prompting them to […] The post Ashanti
The Member of Parliament for Anyaa-Sowutuom, Dr Dickson Adomako Kissi, has hailed the new Majority Leader, Alexander Afenyo-Markin, stating that he will herald a new era in parliamentary proceedings. Following the resignation of Osei Kyei-Mensah-Bonsu, Alexander Afenyo-Markin, the Deputy Majority Leader and MP for Efutu, was appointed as the new Majority Leader on February 22. […] The post Afenyo-Markin
Management of the Ghana Export–Import Bank (GEXIM) has announced it will be hosting “Freedom Market” on Tuesday, March 5, 2024. The “Freedom Market” is a prelude to the 67th National Independence Day celebration next week in the Eastern Region under the theme “Our Democracy, Our Pride”. “Freedom Market”, a special edition of the Bank’s popular […] The post GEXIM
Traditional authorities in Gomoa Fetteh are urging residents occupying portions of Zone E in the Budumburam camp to vacate within three working days. This move aims to clear the area for market women currently selling along the main Budumburam stretch, facilitating the establishment of a potential market. The Traditional Authorities cite the market activities as […] The post Road
By John S. Quaisie In today’s world, where new and emerging technology enables us to do business in more efficient and smarter ways and promote more efficient communication and documentation, Christians are confronted with the challenge of how to make appropriate and wise decisions, as we seek to promote the Kingdom business in more creative […] The post
Archibold Cobbina THE MALLAM ATTA Market, located in the Ayawaso Central Municipality in Accra, will be redeveloped into a modern market complex and a shopping mall, Municipal Chief Executive Read More... The post Mallam Atta Market To Become Modern Market
According to the Global Risks Report, some of the most severe risks the world may face over the next decade against a backdrop of rapid technological change, economic uncertainty, a warming planet and conflict is one that would not easily rebound from continued shocks. As cooperation comes under pressure, weakened economies and societies may only […] The post
The first two months of 2024 have brought with them a decent level of activity in the domestic corporate bond market, with two notable issuances by Kasapreko, the indigenous beverage manufacturer, and Letshego, a financial services provider. Data from the Ghana Stock Exchange (GSE) show that the former has successfully raised GH¢103.75million through a senior […] The post Kasapreko,
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