Business

Driver performs “Petrol ” libation for President Mahama as fuel prices go down

A Ghanaian driver has sparked widespread discussion on social media after performing what he described as a petrol “libation” in appreciation of President John Dramani Mahama, following recent reductions in fuel prices. In a video that has been circulating online, the driver is seen pouring a small amount of petrol onto the ground while verbally […]

Business

Quarry Director Threatens To Pull Down Illegal Structures Amidst Encroachment And Security Risks

By King Amoah with additional reports from Asona Dehyie The Managing Director of A. Kanin Quarry & Company Ltd Mr Eric Akwasi Appiah has expressed disappointment over the continuous encroachment of his company’s designated buffer zone in the Kwabre East and has therefore threatened to take the laws into his own hands if the authorities […]

Business

Import challenges: Automobile dealer pleads for Reset Agenda to cover ports and Shipping Lines

By King Amoah A prominent Ghanaian businessman in Accra Nana Yaw Nsiah, has lauded President John Dramani Mahama’s Reset Agenda policy for its positive impact on the business communities, particularly on the importers who struggle with their operational challenges. However Nana Nsiah is now urging the government to extend this transformative policy to encompass the […]

Business International

Tell your people to be law abiding—Burkina Faso President Ibrahim Trore asks Mahama to warn Ghanaians

In a video sighted by Connectghananews.com as shared by Saddick Adams aka Sports Obama, President Ibrahim Traore isn’t happy with Ghanaian traders defying his country’s strict import and export bans on cereals. Despite Burkina Faso’s clear stance on boosting self-sufficiency and limiting reliance on foreign goods, Ghanaian exporters continue to cross the border—pointing to a […]

Business

Ghanaian Automobile Dealer Gives Alarm To Government: Chinese Used Cars Influx Tied To 2030 EV Agenda Demands Action

By King Amoah The local automobile industry is abuzz following a serious allegations leveled by a prominent dealer, Nana Yaw Nsiah Chief Executive Officer (CEO) of Nsiah Automobile Company Ltd in Accra. Mr. Nsiah has drawn the government’s attention to what he describes as a deliberate strategy by Chinese businessmen to flood the Ghanaian market […]

Business

Kwabena Agyepong questions basis of new design of Accra-Kumasi express Road

New Patriotic Party (NPP) presidential hopeful, Kwabena Agyei Agyapong, has questioned the origins and feasibility of the newly announced Accra–Kumasi Expressway project, arguing that the government must first complete the existing dualisation project before embarking on a new one. Speaking in an interview, Mr. Agyapong wondered where the proposed expressway design was coming from, insisting […]

Business

Cedi falls massively against US dollar again

The Ghanaian cedi has experienced a massive decline against the US dollar, according to the latest exchange rates published by the Bank of Ghana. The official interbank rates for Tuesday show the cedi trading at ₵10.9745 for buying and ₵10.9855 for selling against one US dollar. This represents a significant depreciation of the local currency […]

Business

Ndc chairman urges government to equip Private sector financially for imports to stabilize market prices

By King Amoah The chairman of the Kumasi Kejetia Mosque branch of the National Democratic Congress (Ndc) Mr. Calistor Musa has made a passionate appeal to the government to financially empower the private sector to import more goods into the country for the sake of economic development. Addressing the press today Thursday October 30th, Mr. […]

Business

NLA and KGL in the news again

We’ve often heard the old joke, “Why is the lotto doctor not rich himself?” The answer, for decades, has been, “Because he’s a Good Samaritan and that’s all.” But today, that innocence no longer fits. The National Lottery Authority (NLA), once a symbol of charity and chance, now sits at the center of a storm […]