Ghana has been ranked the third cocaine transit destination in Africa behind Nigeria and South Africa respectively. According to the 2016 World Drug Report by United Nations Office on Drugs and Crime (UNODC), the illegal shipment of cocaine comes from South America en route to Europe and Brazil. The report again named Ghana as among … Read more
Sinclair Broadcast Group announced Monday a $3.9 billion deal to buy Tribune Media, in a major consolidation of local television operators in the United States. The deal gives Sinclair some 233 television stations in 108 markets, adding the 42 operated by Tribune Media including large stations in New York, Chicago and Los Angeles. If approved … Read more
US consumer confidence retreated in April after two months of records, as optimism about the economy dwindled, the Conference Board reported Tuesday. Consumers were less optimistic about the outlook in the short-term, while a growing percentage felt business conditions were bad, according to the monthly survey. The index slipped to 120.3 from 124.9 in March, … Read more
US consumer confidence continued to soar in March, hitting its highest level in more than 16 years, the Conference Board announced Tuesday. The index, which hit a 15-year record in February, spiked nearly 10 points, backed by the enthusiastic short-term outlook among consumers. The index now stands at 125.6, a big jump from 116.1 in … Read more
The Ag. Director General of the National Communications Authority (NCA), Mr. Joe Anokye, has charged mobile network operators to work on improving Quality of Service and ensure that consumers are satisfied. He said this at a meeting with Chief Technical Officers of the various Mobile Network Operators (MNOs) on Friday, 17th March, 2017 at the … Read more
The Ag. Director General of the National Communications Authority (NCA), Mr. Joe Anokye, has charged Mobile Network Operators to work on improving Quality of Service (QoS) and ensure that consumers are satisfied. He said this at a meeting with Chief Technical Officers of the various Mobile Network Operators (MNOs) on Friday, at the NCA Tower. … Read more
EXECUTIVE Director of Ghana Consumer Protection Agency (GCPA), Mr Kofi Kapito has called on Ghanaian consumers to mount pressure on the Ghana Standards Authority (GSA), Food and Drugs Authority (FDA) and the Attorney General’s Department in order to have their rights properly protected. This follows the failure by GCPA to get the Attorney General and … Read more
US consumer confidence rebounded in February to return to a 15-year high, the Conference Board announced Tuesday. After retreating in January, the Consumer Confidence Index jumped to 114.8, up from 111.6. The reading is now higher than at any time since July 2001. Analysts had instead expected the monthly survey report to show a drop … Read more
U. S. stock investors may look to a host of results from consumer-facing companies including Wal-Mart Stores Inc (WMT.N) next week for signs on whether the recent market rally has more room to run. The consumer names are among the last major companies of the S&P 500 earnings season to report, but the results will … Read more
High cost of utility still remains one of the major challenges confronting businesses in Ghana. This is according to the Association of Ghana Industries (AGI)’s 2016 fourth quarter business barometer report. According to the report, high cost of credit, multiplicity of taxes and cedi depreciation followed closely as top challenges for businesses. Comparing the third … Read more
High cost of utility still remains one of the major challenges confronting businesses in Ghana. This is according to the Association of Ghana Industries (AGI)’s 2016 fourth quarter business barometer report. According to the report, high cost of credit, multiplicity of taxes and cedi depreciation followed closely as top challenges for businesses. Comparing the third … Read more
Cooling inflation, positive consumer sentiment and an expected rebound for the economy should underpin a strong performance for Ghana’s retail sector in 2017. In its monetary policy committee (MPC) statement for November, the Bank of Ghana (BoG) reported a drop in inflation over the year, from a peak of 19.2% in March to a 28-month … Read more
The Institute for Energy Security, an energy policy think tank, has described the recent increment in price of petroleum products by some Oil Marketing Companies as “unjustified” and lacking merit. The institute in its projections of how much petroleum products must cost at the pumps said there is no justification in the price increases as … Read more