Business – Page 10

Category: Business

Ghanaian Economy to Get Boost? Africa’s Richest Man Makes Surprise Move

May 4, 2025

Aliko Dangote, one of Africa’s most prominent businessmen and founder of the Dangote Group, has revealed his plans for a sugar refinery in Ghana, deepening his investment in West Africa’s industrial landscape. The new sugar refinery is expected to boost local production capacity, reduce dependency on sugar imports, and create numerous employment opportunities for Ghanaians....

Edmond Kombat Takes the Helm as Acting MD of Tema Oil Refinery

May 3, 2025

President John Mahama has appointed Edmond B. Kombat as the Acting Managing Director of the Tema Oil Refinery (TOR). This decision follows the reassignment of Dr. Yussif Sulemana to the Ministry of Energy and Green Transition, as detailed in a letter dated Tuesday, April 29, 2025, signed by the President’s Executive Secretary, Dr. Callistus Mahama....

ADB to Boost Agribusiness Financing and MSME Support

May 2, 2025

The Managing Director of Agricultural Development Bank (ADB) PLC, Edward Ato Sarpong, has announced plans to strengthen the bank’s core mandate as the premier financier of agribusiness and leader in micro, small, and medium enterprise (MSME) financial intermediation. He also reaffirmed the commitment of ADB PLC to lead financial intermediation for micro, small, and medium...

Ghana Must Empower Local Industries to Slash Imports and Boost Exports – Patrick Boamah

May 2, 2025

Ghana’s economy is in urgent need of a transformative shift from dependency to production by bolstering local industries, particularly in pharmaceuticals, agro-processing, and textiles, to reduce imports and enhance exports. This assertion was made by Patrick Yaw Boamah, the former Chairman of Parliament’s Finance Committee. In an interview on Joy News’ PM Express Business Edition,...

Dr. Patrick Nomo returns to Finance Ministry as Chief Director

May 2, 2025

Dr. Patrick Nomo has officially resumed his position as Chief Director of the Ministry of Finance, two years after his transfer to the Ministry of Environment, Science, Technology, and Innovation. At a staff gathering held to bid farewell to outgoing Chief Director Ms. Eva Mends and welcome Dr. Nomo back, Finance Minister Dr. Cassiel Ato...

𝗧𝗵𝗲 𝗧𝗿𝘂𝗺𝗽 𝗧𝗮𝗿𝗿𝗶𝗳 – S𝗵𝗼𝘂𝗹𝗱 W𝗲 B𝗲 C𝗼𝗻𝗰𝗲𝗿𝗻𝗲𝗱? Alexander Ampaabeng, Former Deputy Minister

April 6, 2025

Most countries will start feeling the “Trump Tarrifs” from today [5th April]. The impact of this could be severe than the 2008 Global financial crisis or the Covid-19 pandemic. Reduced global trade volume is expected and a predictable global unemployment is just knocking on our doors if this tit-for-tat tax policies continue. Major global stock...

I WILL BE A FARMER AND EVANGELIST AFTER RETIREMENT – McDan

April 6, 2025

Ghanaian businessman, Daniel McKorley, popularly known as McDan, has disclosed what he wants to do after retirement. According to him, he will be an Evangelist to preach the word 0f God to the people and make more impacts in their lives. Adding that he will also venture into farming. Speaking in an interview shared in...

Rationalization of Cocoa Roads Commitments

March 27, 2025

Earlier today, Hon. Kwame Agbodza and Dr. Ransford Abbey, CEO of COCOBOD, held a joint meeting to strategize on how to fund and complete stalled cocoa roads projects. To this end, a committee has been formed, consisting of technical officials from the Ministry of Roads and Highways and COCOBOD to rationalize the cocoa roads portfolio...

Fuel prices drop for third consecutive time

March 18, 2025

Consumers of petroleum products can expect some relief as fuel prices at the pumps see a modest decline for the third consecutive time. This reduction comes just two days into the second pricing window for March. Total Energies has led the latest adjustment, lowering both petrol and diesel prices from GHS15.79 per liter in the...

OSP warns Ofori-Atta will be declared wanted if he misses June 2 deadline

March 17, 2025

The Office of the Special Prosecutor (OSP) has issued a stern warning to former Finance Minister Ken Ofori-Atta, stating that he will be declared a wanted person again if he fails to appear for questioning by the OSP on June 2, 2025. This warning comes after a lawsuit filed by Ofori-Atta challenging the OSP’s previous...