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Category: Business

Ghana’s economy expands 6.9 per cent in second quarter 2024

Ghana’s economy grew 6.9 percent in the second quarter of 2024 as compared to 2.5 per cent recorded in the same period last year, the Ghana Statistical Service (GSS) said Wednesday.

The second quarter provisional growth was 1.6 per cent higher compa…

Consolidated Bank Ghana Limited not sold – Management

The Management of Consolidated Bank Ghana Limited (CBG) says the bank has not been sold, as speculated on some social media outlets.

CBC, in a statement, said the Government of Ghana ‘remains the sole shareholder’ of the Company and there should be …

Majority of fisherfolks want premix fuel subsidy removed – Study

Professor Wisdom Akpalu, Director, Environment and Natural Resource Research Initiative (ENRRI-EfD Ghana), says 90 per cent of fisherfolks in a study conducted by his outfit want the premix subsidy removed.

He said the respondents raised concern ove…

GSA locks up Chinese company for using substandard materials

The Ghana Standards Authority (GSA) has closed down ZxZ Company Limited, a Chinese firm, for using substandard materials for its products.

The company was found using polystyrene instead of polyurethane materials to produce sleeping mattresses for t…