Prime Business, Economic and Financial News

Video: MTN cannot afford to be complacent - CEO

The Chief Executive Officer (CEO) of Mobile Telecommunication Network (MTN) Mr Ebenezer Twum Asante believes that the telecom industry can only…

Kenya raises inspection fee on Tanzania wheat imports

Kenya has imposed a steeper inspection fee on Tanzanian wheat imports, threatening to escalate the trade war between the two neighbours.

EOCO investigates GPHA IT manager over cost inflations

The Economic and Organised Crime Office (EOCO) has begun investigations into the award of procurement and usage of information technology (IT)-related projects of the Ghana Ports and Harbours…
Prime Business News

FDA destroys GHc400, 000 worth of expired drugs

The country’s Food and Drugs Authority (FDA) has destroyed some expired drugs stored in the warehouse of the Tamale Teaching Hospital (TTH).
Prime Business News

KENYA: Pharmaceutical firm to import Sh3.1bn HIV drugs from US

Kenya’s Omaera Pharmaceuticals plans to spend Sh3.1 billion in the next three years for purchase and exclusive sale of the cancer and HIV drug, Lodonal, across East Africa.
Jim Ovia

Zenith Bank boss - Jim Ovia wins AAI’s Business Leader Award

Nigeria’s banking mogul, Co-founder and Chairman of Zenith Bank, Jim Ovia has been awarded the prestigious Business Leader Award by the Africa -America Institute (AAI) for the 2017 edition of the…
Prime Business News

West Blue Ghana Limited acquired by Customs World

One of the country’s information technology solutions and training firm -West Blue Ghana Limited (WBGL) has been acquired by Customs World, a subsidiary of Ports Customs and Free Zones Corporation…

Ghanaian businessmen are too greedy - Ken Agyapong

Member of Parliament for Assin Central, Kennedy Agyapong has ascribed greed as the reason Ghanaian businesses are losing their market space to their foreign counterparts.

Ghana/ Ivory Coast maritime boundary dispute to be judged

For the past three years, Ghana and its western neighbour Ivory Coast have engaged in legal battles over a maritime boundary where Ghana is undertaking oil exploitation.
imported wheats

Ghana’s Wheat import increases by 160%

Ghana’s annual average imports of wheat flour has hit a 55,000 metric tonnes representing a 160% increase over the last ten to fourteen years.
Prime Business News

Ghana’s tax policy exemptions reviewed

Ghana’s government has decided to suspend basic requirements for tax exemption holders which enabled them to provisionally pay import duties and taxes upfront and subsequently, apply for a refund.

Fuel prices expected to increase today

Consumers should expect an increase in the price of fuel they purchase at the various pumps from Tuesday, September 19, 2017, as Oil Marketing Companies (OMCs) begin to adjust their prices to reflect…
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Customs seize under-declared container from China

A 40-footer container which was under-declared by an importer has been intercepted by Customs officials at the Nick scan at the Tema Port.
Fitch ratings

Fitch confirms Ghana's ‘B’ credit rating

International credit rating agency, Fitch Ratings, has confirmed Ghana at ‘B’ with a generally stable outlook.
Kenyan currency notes

Kenya's CB risk legal action over delayed new-look currency

The Central Bank of Kenya (CBK) risks legal action for delay in rolling out the new generation currency as stipulated in law.
Architectural plan for the power project

Nigeria announces $5.8 billion power project deal

The government of Nigeria has announced the award of a $5.8 billion contract to build what will be the largest power plant in the country.