Asante Berko, CEO of TOR

TOR boss denies bribery charges against him

The Managing Director of the Tema Oil Refinery (TOR) Asante Berko has denied claims by the US authorities that he bribed some former Ghana government officials for his client in a plant project while he worked for Goldman Sachs. The Securities and Exchange Commission said Asante Berko, a former employee […]

Asante Berko, CEO of TOR

TOR Boss accused of bribing government officials in Ghana

  The CEO of Tema Oil Refinery and a former Goldman Sachs banker helped pass millions of dollars in bribes to Ghanaian officials to curry favour for his clients’ plans to build an electrical power plant, the Securities and Exchange Commission alleged on Monday.  The SEC said in a complaint filed […]

File photo

Six groups to demonstrate against luxurious vehicle tax

Six groups will on Tuesday, February 19 demonstrate against the luxurious vehicle tax by driving their vehicles to the premises of the Ministry of Finance, Parliament House and the Golden Jubilee House. According to a statement jointly signed by the groups namely; Vehicle and Asset Dealers Association of Ghana, National […]

Country with annual per capita income of about $1,300 set to ship $400 million per year to U.S investment firm

American Investment Firm Being Scrutinized in Lucrative Ghanaian Bond Deal

Last March, Franklin Templeton Investments, a U.S.-based firm listed on the New York Stock Exchange, bought more than $2 billion worth of bonds issued by the government of Ghana. It was a sweet deal for Templeton, which offers a range of services for “high net worth individuals” and has a […]

NCA sanctions halted

Court halts NCA’s sanctions against radio stations

The Electronic Communications Tribunal has directed the National Communications Authority (NCA), to halt the execution of sanctions it imposed on some 131 radio stations in the country for various offences. The Tribunal ordered that, pending the final determination of the case that had been brought before it by the Ghana […]

The Bank of Ghana

Ghana’s debt stock hits ¢138.9 billion – Bank of Ghana

Ghana’s total debt stock ending September this year reached ¢138.9 billion according to Bank of Ghana’s (BoG) report on the summary of economic and financial data for this year. The report was released after the Monetary Policy Committee of the Central Bank met from Wednesday to Friday to review the health of […]

A number of businesses set up stands at Manhyia
Business Opinion

Ghana economic reforms needed: Rocket science

It was with unexpected confidence that Ghanaian Finance Minister, Ken Offori-Atta, presented his latest budget to parliament last week. His bold claims to have “turned the economy around” and brought “relief to Ghanaians” raised more than a few eyebrows on the floor – not least due to the paucity of […]

The President of the Republic of Ghana, Nana Akufo-Addo (centre), Qatar Chamber (QC) Vice-Chairman Mohamed bin Towar Al Kuwari (sixth right) and other prominent Qatari businessmen at the Qatar Chamber headquarters in Doha, yesterday.
Business Homeland News

Qatari businesses invited to invest in Ghana

The President of the Republic of Ghana Nana Akufo-Addo called on Qatari businesses to invest in promising sectors of the  Ghanaian economy, which include agriculture, mining and gas industry among others. This came during a meeting with Qatari businessmen yesterday headed by Qatar Chamber (QC) Vice-Chairman Mohamed bin Towar Al […]

President Nana Addo Dankwa Akufo-Addo
Business Homeland News

Ghana proposes $13.9 billion budget in 2018

The Ghanaian government plans to spend $13.9 billion (62 billion Ghana cedis, about N4.2 trillion) in the 2018 fiscal year, the country’s finance minister said on Wednesday. Presenting the government’s fiscal policy to parliament, Kenneth Ofori-Atta, said the budget, with the theme “Putting Ghana Back to Work”, would continue and […]

Maiden SME Summit in Ghana
Business Homeland News

Ghana SME CEOs Summit Starting Today, November 20th

The maiden Ghana SME CEO’s summit is scheduled for today Monday, November 20, in Accra, under the theme: ‘Scaling-up SMEs for inclusive growth: The CEO and government as drivers’. The summit will enable global Small and Medium-sized Enterprises (SMEs) and local SMEs’ CEOs to integrate and interact with world class […]