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McDan Group of Companies has appointed Kweku Ampromfi as the Group Chief Executive Officer. His appointment takes effect from 1st August 2023. He takes over the leadership role from the Founder, Dr. Daniel McKorley, who is now the…

The Director-General of the Social Security and National Insurance Trust (SSNIT), Dr. John Ofori-Tenkorang, has disclosed that the Trust was able to retrieve GH¢154 million from the prosecution of employers who were reluctant to pay the…

The Bank of Ghana (BoG) has denied breaching the procurement laws in the construction of its new headquarters located at Ridge in the Greater Accra region. According to the bank, it secured all the required approvals from the Public…

Once upon a time in 2019, Ghana boasted of single-digit inflation. However, the country now grapples with double-digit inflation, a situation that ranks it among the worst globally. This inflationary pattern has taken on a cyclical…

The campaign to ban battery cages in poultry farming is fast gaining momentum as more farmers across the country sign on to the use of free cages in rearing domestic avians. At a recent workshop in Koforidua, 31 out of 45 poultry farmers…

Call it the Bloomberg jinx. One day, after the billionaire failed presidential candidate and media mogul's outlet, published a report that "Bitcoin’s Extreme Volatility Vanishes Amid ‘Extreme Apathy and Exhaustion’," Bitcoin's volatility…

In the decade to 2020, Nigeria lost to oil theft more than 619.7 million barrels of crude oil valued at $46.16 billion, representatives for the Nigeria Extractive Industries Transparency Initiative (NEITI) said at a forum this week.…

Bullish sentiment is fading slightly in oil markets despite the production cuts from OPEC+ and global inventories being tapped. Friday, August 18, 2023 While backwardation in oil markets has reached the…

The Dormaahene, Osagyefo Oseadeeyo Agyemang Badu II, has entreated President Nana Akufo-Addo to intervene and halt the Bank of Ghana’s (BoG) proposed construction of a new headquarters building. The $250 million project has been met with…

Oil prices have been on the rise for seven weeks but this could reverse this week, as concerns about China’s growth and U.S. interest rates take the upper hand again. In the past couple of months, that concern was displaced by growing…