Search: “AI”
222 results found- page 12 of 13
Tano South MP calls for revival of Ghana Cylinder Company to boost jobs and industry
Summary
Can reviving a struggling cylinder company be the key to unlocking job growth and industrial development in Ghana?
Tano South MP Charles Asiedu is advocating for the revival of the Ghana Cylinder Manufacturing Company after it recorded a GH¢4 million loss in 2021. He believes reviving the company could create jobs and boost industry.
Business & Economy
2 min read
We expect some tax relief if oil prices continue to surge - AGI
Summary
Will the government offer tax relief as oil prices surge past $100, impacting Ghanaian businesses?
AGI's CEO, Seth Twum-Akwaboah, is urging the government to cut levies and offer fiscal support to businesses due to rising oil prices - now over $100 a barrel. He suggests tax relief or levy adjustments to help businesses cope with increased operational costs.
Business & Economy
2 min read
Middle East conflict could soon hit Ghana's factories, says AGI president
Summary
AGI warns global conflicts could soon impact Ghana's factories - but how severe will the disruptions be?
Ghana's factories could soon face challenges due to global conflicts, according to AGI President Seth Twum Akwaboah. He warns that continued disruptions will raise production costs as manufacturers rely on imported inputs.
Business & Economy
4 min read
NPA increases fuel price floor for March 16 window; Petrol now ¢11.57, diesel pegged at ¢14.35
Summary
Ghanaians may soon feel a pinch at the pumps as fuel prices are set to change - but by how much?
The NPA has increased the price floor for petrol to GH¢11.57 per litre and diesel to GH¢14.35 per litre, effective March 16.
Business & Economy
3 min read
McDan Aviation sues GACL over termination of Terminal 1 FBO licence
Summary
Why is McDan Aviation claiming GACL didn't follow procedure when terminating their operating license?
McDan Aviation is suing Ghana Airports Company Limited (GACL) over the termination of its Terminal 1 Fixed Base Operations (FBO) licence. McDan claims GACL's termination didn't follow the 10-year agreement signed in 2022, after McDan invested $3 million.
Business & Economy
3 min read
No 90-day notice - McDan Aviation says GACL violated contract in Terminal 1 eviction move
Summary
Why is McDan Aviation claiming GACL violated their agreement, and what's at stake for the airport operation?
McDan Aviation accuses Ghana Airports Company Limited (GACL) of violating their contract regarding eviction from Terminal 1. McDan says GACL didn't provide the required 90-day notice, threatening McDan's business and ignoring court processes.
Business & Economy
3 min read
McDan Aviation says GACL actions attempt to collapse indigenous aviation venture
Summary
Why is McDan Aviation claiming foul play against the Ghana Airport Company, and what's at stake for local aviation?
McDan Aviation accuses Ghana Airports Company Limited (GACL) of trying to shut down its operations at Kotoka International Airport. McDan claims GACL violated their agreement and a court order after a rent payment delay. The dispute threatens Ghana's first indigenous Fixed Base Operation (FBO).
Business & Economy
3 min read
GACL terminates Fixed Base Operation agreement with McDan Aviation over persistent debt
Summary
Why did Ghana Airport Company lock up Terminal 1, and what does it mean for McDan Aviation's future operations?
GACL has terminated its agreement with McDan Aviation due to unpaid fees since 2022. Despite multiple notices and a payment plan, McDan's debt remained, leading to the termination in January 2026. GACL is pursuing the remaining debt from the McDan Group.
Business & Economy
3 min read
Oil price jumps despite deal to release record amount of reserves
Summary
Attacks on ships and a major threat to global oil supply have investors on edge - what will happen next?
Oil prices surged past $100 a barrel despite the IEA's plan to release a record 400 million barrels of oil. Iran's leader threatened to block the Strait of Hormuz, a key shipping route. Concerns are rising about the impact on the global economy.
Business & Economy
5 min read