Executive Chairman of the Angel Group of Companies, Dr. Kwaku Oteng, is the recipient of the coveted ‘fatum mutante honors’ - destiny changer honors - for his humanitarian efforts in the fight against COVID-19 in Ghana at the World Diplomatic COVID-19 Eminence honours in Accra recently.
Under the auspices of...
Management of the Ghana Airport Company Limited (GACL) has refuted claims by former President John Dramani Mahama that there are plans to cede a huge part of the airport to a Turkish company, TAV-Summa Consortium, under the guise of a management partnership agreement.
“Claims by Mr. Mahama that an investment...
The Ghana Association of Bankers (GAB) has estimated that about GH¢102million has been forfeited by commercial banks in the country through various measures they have introduced to give some relief for customers due to impact of Coronavirus pandemic on the country.
According to the association, all 23 universal banks in...
...but says special funding mechanism required
While electricity tariffs from conventional generation sources will continue to rise, the cost of renewable energy, particularly solar, is declining and becoming an increasingly competitive alternative for businesses, an expert has observed.
According Kwabena Otu-Danquah, Technical Expert at GFA Consulting Group, tariffs from conventional sources...
Bank customers have started running to foreign currency deposits as a safe haven after the cedi consistently lost value against its major trading currencies, especially the US dollar in the second quarter of 2020, the Statistical Bulletin report has shown.
From the May-2020 Statistical Bulletin, the data show that in...
Mr. Serebour is a wealthy spare parts merchant in Kumasi Suame Magazine, a hub of the automotive industry in Ghana. He started as a heavy -duty truck mechanic. By dint of business acumen he now has investments in real estate and transport businesses. These companies employ several young graduates,...
The Chief Executive Officer of the National Petroleum Authority, Alhassan Tampuli, has said all challenges identified in the piloting of the Cylinder Recirculation Model (CRM) will be addressed before full implementation.
“In recent times, we have had calls by some industry players to halt the implementation of the CRM pilot...
Hiroshima after the US military dropped the atomic bomb on 6 August 1945. Peace Memorial Museum
This year marks the 75th anniversary of the bombing of Hiroshima and Nagasaki by the US in 1945, the only time in history that nuclear bombs have been used.
The atomic bombs killed tens of...
According to the Congressional Research Service (CRS), measures of economic performance in the refining industry usually begin with the gross margin, referred to as crack spread. The gross refining margin is a simple, first approach to refinery profitability. It is computed as the total revenues from product sales minus...
