Tag: Business news
Govt stop dealing with my company after contract – Businessman opens defence
The businessman charged alongside the Minority Leader, Dr Cassiel Ato Forson, for allegedly causing financial loss of €2.37 million to the state in a [...]
Glovo to shut down in Ghana, two years after investing $3.7 million
Glovo, a prominent food delivery platform, has announced its decision to end operations in Ghana by May 10, 2024, marking a significant withdrawal fr [...]
Economy to recover on back of strong consumption — Fitch
Ghana’s economy will enter a recovery phase this year as the government is expected to increase expenditure in an election year, rating agency, Fitch [...]
Tullow Oil reports $110m Loss in 2023 amid challenges in TEN Fields
London-based oil exploration company Tullow Oil disclosed a loss of $110 million for the fiscal year 2023.
This announcement was made on March 6, [...]
Ghana’s exchange rate loss of nearly 40% in a year highest in Africa – World Bank
Ghana’s exchange rate loss of nearly 40% between January 1, 2022 and January 1, 2023 was the highest in Africa, data from the World Bank has revealed [...]
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