Search: “development”
56 results found- page 3 of 4
ETI Jumps GH¢0.22, Enterprise Group gains GH¢0.51 as GSE cap hits GH¢292billion
Summary
Ghana's stock market is booming, but which companies are driving growth and which are falling behind?
The Ghana Stock Exchange saw its market capitalization hit GH¢292.58 billion after Friday's trading session. ETI jumped GH¢0.
Business & Economy
4 min read
Utility tariffs drop: Electricity down 4.81%, water down 3.06% starting April 1
Summary
Ghanaians will soon see changes in their utility bills - but what's driving these shifts?
The PURC has announced a reduction in utility tariffs, effective April 1, 2026. Electricity will decrease by 4.81% and water by 3.
Business & Economy
1 min read
McDan Aviation says it has fully settled rent cited in dispute with GACL
Summary
Despite settling rent, McDan Aviation faces GACL's repossession of Terminal 1 - what's next for the aviation company?
McDan Aviation claims it has settled rent arrears cited by Ghana Airports Company Limited (GACL) amid a dispute over Terminal 1. McDan insists GACL's repossession was premature, lacking a 90-day eviction notice. The company is pursuing legal options to protect its investment.
Business & Economy
3 min read
Business & Economy
Young Cocoa Farmers Demand Immediate Payment, Warn Against Further Price Cuts
Summary
Why are young cocoa farmers in Ghana so frustrated with the government and threatening to abandon their farms?
Young cocoa farmers are demanding immediate payment for beans delivered months ago. The Young Cocoa Farmers Association warns that further price cuts could push farmers to abandon cocoa for illegal mining.
Business & Economy
3 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 accuses GACL of defying court injunction in midnight terminal raid
Summary
Why is McDan Aviation claiming foul play against the Ghana Airport Company Limited?
McDan Aviation accuses Ghana Airport Company Limited (GACL) of defying a court injunction with a midnight raid at Terminal 1. McDan claims GACL's actions aim to collapse its business despite a standing agreement and investments.
Business & Economy
4 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