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Ford to boost investment in electric cars by 2022

Ford says it will boost its investment in electric vehicles to $11bn (£8bn) in the next five years, more than doubling a previous commitment. Chairman Bill Ford said the carmaker would have 40 hybrid and fully electric vehicles in its range by 2022. It comes as countries around the world …

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Jeff Bezos is the richest person in history

Jeff Bezos is now the richest person of all time. That should put an Amazon smile on his face. The Amazon CEO’s net worth reached $105.1 billion Monday, according to Bloomberg’s billionaire tracker. That eclipses the record previously held by Microsoft founder Bill Gates. Forbes, the other major tracker of …

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Honda Accord wins Car of the Year

The Honda Accord won Car of the Year on Monday at the Detroit Auto Show. The Accord beat the Toyota Camry and the Kia Stinger. Honda rolled out a completely new car for the 2018 model year. It’s powered by a choice of two different four-cylinder turbocharged engines. Hybrid and …

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Create jobs for the peace and stability of this country – Sam Jonah to government

Executive Chairman of Jonah Capital, Sir Sam Jonah is urging both government and private sector businesses to create more jobs as that will help secure the peace and stability of this country. Speaking at the 69th Annual New Year School and Conference at the University of Ghana on the theme …

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Transport Ministry hasn’t directed us to brand our cars as taxi – Uber

Uber has expressed strong resentment over allegations the Transport Ministry had instructed them to brand all vehicles under their operations as taxis within a month The news of the alleged directive by the Transport Ministry came to light after General Secretary of the Commercial Taxi Drivers Association Steven Nimo indicated …

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New GIPC laws to reach cabinet within first quarter – CEO

The Ghana Investment Promotion Centre (GIPC) has told Citi Business News it should submit a draft on its proposed new regulations to cabinet by the end of the first quarter this year (2018). According to the Center, it has already engaged key stakeholders on some reforms to be rolled out …

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1-Distrrict, 1-Factory: Akufo-Addo commissions $77m ceramic factory

The one district, one factory industrialisation programme introduced by the New Patriotic Party (NPP) government received a boost on Saturday, January 13, 2018, with the commissioning of Twyford Ceramics factory by President Nana Akufo-Addo at Shama District in the Western region. The ceramics factory which is into the production and …

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High unemployment a national security threat – Analyst

A security analyst, Professor Vladmir Antwi Danso says the growing number of unemployed youth in the country poses a threat to national security. He said the government must depoliticize its job creation policies in order to ensure that the country does not risk breeding criminals through the neglect of jobless …

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Energy Ministry denies fuel price increment

The Energy Ministry has denied reports suggesting that fuel prices at the pumps have shot up by 4%. According to the Ministry, the claim is palpably false. The Chamber of Petroleum Consumers (COPEC) Ghana announced in a statement prices of fuel have been hiked by 4%. “Fuel prices that used …

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Abbosey Okai Spare Parts Dealers threaten to increase prices

The Abbosey Okai Spare Parts Dealers Association has threatened to increase the prices of their goods if government does not intervene in what they describe as increases benchmark value charges at the ports. According to the dealers, although government scrapped the one percent special import levy last year, they have …

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