An alleged US$36 million procurement fraud, relating to the supply of single and three phase electric meters by L & R Investment and Trading Company, is casting doubts over the management of the country power supply sub-sector.
The company, incorporated in China, in 2016 entered into a contract with government...
The Auditor General (AG) has indicated that the Electricity Company of Ghana (ECG) is indebted to the Bui Power Authority (BPA) to the tune of US$386,878,949.46.
The AG, in its latest report noted that monthly invoices to the ECG have not been settled within the required 60-days period, resulting in...
Two insurance giants – Enterprise Insurance a leading underwriter and KEK Insurance Brokers an intermediary have collaborated to launch four unique products onto the market.
The products: CompExtra, Third-Party Amplified, Home Advantage are enhancements of existing products such as Motor and Home Insurance. The fourth, Petinsure is an entirely new...
Puma Energy, a leading multinational oil marketing company in Ghana, has added another branch to its nationwide rollout. The new Pantang retail service station adds to over 80 retail sites nationwide.
The Pantang retail service station was officially opened to the public with the ever-present Puma Energy top-tier customer service...
One wise man once said that great success is when hard work is coupled with wise work. This saying is a true reflection of the life of Bishop Dr. Charles C. Hackman
Bishop Dr. Charles C. Hackman, CEO of DV Unlimited Company Limited was adjudged Africa’s Most Respected CEO (Industrial...
The Africa CEO Forum’s in partnership with IFC, will host its first-ever virtual gathering to bring together private sector CEOs, leading experts, and policymakers, high-profile business executives, investors, and government ministers to discuss the future of Africa’s private sector in the wake of the COVID-19 pandemic.
The three-day event will...
The International Monetary Fund (IMF) has said that the country’s energy sector debt will continue to remain above US$1billion per year if government does not step up its game in implementing the Energy Sector Recovery Plan.
According to the Article IV report (2021) of the IMF, as at the end...
Governor of the Bank of Ghana, Dr. Ernest Addison, has said that intensive participation of Small and Medium-scale Enterprises (SMEs) in the digital economy is essential to economic growth, given how large the sector is.
Speaking at the Business Sans Borders (BSB) stakeholder forum held in Accra - an initiative...
President Nana Addo Dankwa Akufo-Addo has officially opened the ‘Prof. Adu-Boahen Square’, constructed by the Middle Belt Development Authority in the Juaben Municipality of the Ashanti Region.
Construction of the park is intended to host all public gatherings and other important occasions of the Juaben people, and forms part of...
Hubtel, Ghana’s indigenous e-Commerce & SMS messaging company, has donated 10 HP laptops to the Right to Information (RTI) Commission as part of its Corporate Social Responsibility to deepen the West African country’s democracy through access to information.
The RTI Commission was inaugurated in 2020 by President Nana Addo Dankwa...