The Ghana Plastic Manufacturers Association has threatened to shut down production over the imposition of a 5% excise tax on locally produced plastic products. At a press conference, the President, Ebbo Botwe issued a week ultimatum to government to rescind the decision as it would impact their businesses. However, he proposed engagement with all stakeholders, citing the potential economic fallout …

Trades and Industry Minister, KT Hammond, says he will disregard the Chamber of Cement Manufacturers petition to delay the implementation of a legislative instrument to regulate cement prices. KT Hammond insists that the law is essential to prevent a cartel of manufacturers from exploiting the public. Under the proposed LI, cement manufacturers could face up to three years in jail …

Veteran journalist Kwesi Pratt Jnr has criticized members of the Nana Addo Dankwa Akufo-Addo government for “rejoicing” over an agreement reached with Eurobond holders regarding the treatment of Ghana’s $13 billion debt to external creditors. Under the agreement, Eurobond holders are expected to forego approximately $4.7 billion of the debt owed to them by Ghana and provide additional cash flow relief of …