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PURC To Announce New Electricity Tariffs Mid Of February

Citi Business News has gathered that the delay in the announcement of new electricity tariffs by the Public Utilities Regulatory Commission (PURC) on 1st of February, was as a result of the delayed takeover of the Electricity Company of Ghana (ECG) by the Power Distribution Services (PDS) Ghana Limited, as well as ongoing consultations on tariff charges among stakeholders within the power sector.

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NIC To Announce New Capital Levels By First Quarter

 The National Insurance Commission (NIC) says it will before the end of the first quarter of 2019 announce new minimum capital requirements for players in the insurance industry.

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Economist Lauds Debt Re-Profiling As Debt Reaches GH¢172.9bn

An Economist, Professor Eric Osei Assibey has suggested that the government’s debt re-profiling could be having a positive impact on reducing the country’s debts.

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BoG To Review Inflation Target As Policy Rate Hits 6-Year Low

Governor of the Bank of Ghana, Dr. Ernest Addison, has said the Monetary Policy Committee (MPC) is pondering the possibility of revising the bank’s medium-term inflation target, which currently stands at 8±2 percent.

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Nickseth construction chooses Appolonia business park for national expansion

Nickseth Construction Limited, a Kumasi-based construction company, has selected Appolonia Business Park at Appolonia City to expand its operations and establish a base in Accra.

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Alliance Motors Dupe Ghanaian Business Man By Selling Defective Vehicle To Him

In a writ filed at Accra High Court and intercepted by Radio 1 News, Alliance Motors is accused of allegedly duping the Chief Executive Officer of Marketicons, Mr Samuel Awuah Dankwa by selling to him a defective Land Rover worth $105,000 as at April 2014 and blatantly ignoring to either servicing it or changing it for the upcoming business mogul.

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New Orange Maize Has about 11microgram of Vitamin A – CSIR Reveals

The newly identified varieties of maize, Orange Maize is revealed to contain about 11microgram of Vitamin A per every gram of maize which is very essential for body growth and development. This was revealed by the crops department of the Council for Scientific and Industrial Research in a program organized …

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CSIR Outdoors Orange Maize In Fanteakwa District in The Eastern Region

The department of crops under the Council for Scientific and Industrial Research CSIR, has outdoored a new variety of maize rich in Vitamin A called Orange maize in the Eastern region. The Orange maize which also has about 5 varieties namely; maize ahoɔfɛ, maize ahoɔden, maize abɔntɛm, maize honampa, maize …

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NAM1 Escape: Sack BNI boss – Expert

An international relations expert, Frank Agyarko Boateng, has said the Director of the Bureau of National Investigations (BNI), Rashid Seidu Inusah, must be sacked by President Nana Akufo-Addo over the fleeing of Ghana by Nana Appiah Mensah (NAM1), the Chief Executive Officer of gold dealership firm Menzgold Ghana Limited. The …

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Menzgold CEO escaped through “unapproved route” – Security Expert

The beleaguered CEO of Menzgold Nana Appiah Mensah escaped from Ghana through an unapproved route, a security expert has revealed. Adam Bonaa believes the man on Interpol’s wanted list and popularly known as NAM 1 sneaked out of the West African country around October 2018 into neighbouring Togo before enplaning …

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