The Accra Mall, West Hills Mall and Kumasi City Mall have been taken over by a South African real estate investment firm, Lango.This follows the completion of a new transaction deal worth more than US$200 million. The move is part of decision by Lango to enter more African markets with its retail business strategy.

Inflation for July tumbled to 20.9%. This represents a decline of 1.9 percentage points from that of June which was at 22.8%. According to the Ghana Statistical Service, food inflation went down to 21.5% from 24.0% in June 2024, while non-food inflation also fell to 20.5%.

The government reaffirms its commitment to engaging the private sector in the cylinder recirculation module while addressing industry concerns.

Bringing you updates from the world of business

The Liquefied Petroleum Gas Marketing Companies (LPGMCs) have officially notified the Gas Tanker Drivers Association of their immediate decision to cease business relations with SAGE Petroleum (Quantum Terminal) and Blue Ocean depots in Tema. The announcement was made in a letter to the Gas Tanker Drivers Association by LPGMC’s Chairman, Mallam Bukari Amadu.

Bringing you updates from the world of business

Bringing you updates from the world of business

Bringing you updates from the world of business

Telecommunications company MTN Ghana has recorded an increase in revenue of ₵8.1 billion for the first half of 2024.This represents 31.1 percent jump over the ₵6.1 billion that it recorded by the end of June 2023.

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products in line with expected adjustments at the pumps.Star Oil has taken the lead, selling a litre of petrol for ₵13.65 from its old price of ₵13.93.