The Government, through the Ghana Investment Promotion Centre (GIPC), has signed two separate Memoranda of Understanding with the Dubai South Logistics District to promote all-round economic cooperation, bilateral trade and investment.
…
The Ghana National Petroleum Corporation (GNPC) has acquired a 7 percent Commercial Interest in both the Jubilee and TEN blocks, from Occidental Petroleum (OXY).
This acquisition cost $199 million and took effect on April 1, 2021.
“C…
The Controller and Accountant-General's Department (CAGD) says it cannot withdraw its directive of asking public sector employees to acquire a national identification card by December 1, 2021 or forfeit their salaries.
There have been a…
Imperial General Assurance has started offering insurance policies to vehicle owners on WhatsApp - a cross platform mobile messaging app for smart phones.
Mr Robert Wugah, the Managing Director of the Company, said the ImperialHub would…
It could not have got off to a much better start for Jumia's historic stock market listing. The hoopla on the day it became the first Africa-focussed tech firm to list on the New York Stock Exchange was massive.
International media took…
Power has been restored at the New Kejetia Market after it was disconnected on Wednesday.
About 7,200 shops at the facility were affected by the disconnection exercise.
For months, the traders, and the management of the facility have…
A new initiative by the United Nations Economic Commission for Africa (ECA) is supporting African cities to measure their gross domestic product (GDP), a vital economic well-being indicator.
Findings from the pilot initiative for the fi…
A revenue impact study on Ghana's extractive industry has indicated an accrued additional 713 million cedis to the economy.
The fiscal impact study conducted by the Ghana Extractives Industry Transparency Initiative (GHEITI) also reveal…
The Bank of Ghana (BoG) has cautioned the public against a circulating 64th-anniversary promotion scam on social media.
A statement to the Ghana News Agency signed by Ms Sandra Thompson, BoG Secretary, noted that: "It has come to the…
The members of the Cold Store and Corn Millers Association are calling on the government to subsidize electricity tariffs to save their businesses from collapsing.
Speaking to Citi News, General Secretary of the Association, Moses Dei s…
The Bank of Ghana (BoG) has identified a money doubling scheme operating in Ghana under the pseudo name “Worldremit”.
According to the BoG, this fraudulent scheme is distinct from the globally renowned Fintech, “WorldRemit” which is in …
A total of 80 cohorts from 16 African countries have graduated from the Ignite African Women in Agribusiness programme, a flagship programme of Guzakuza, an agricultural organisation that supports women in agribusiness.
The programme is…
The Minister of Tourism, Arts and Culture, Dr Ibrahim Mohammed Awal, has inaugurated three governing boards of agencies under the ministry, with a call on the members to come up with strategic plans that will make the country the preferred…
Ghana and Japan, have signed a $36.50 million grant agreement for Tema-Motorway Roundabout Phase II construction project and additional funding for the rehabilitation of the National Truck Road N8 (Assin Foso-Assin Praso Section) Phase II.…
Mr Ken Ofori-Atta, Minister for Finance, has tasked the Minerals Income Investment Fund (MIIF) Board to transform the mining sector through effective partnerships and alliances.
He said the move would help create jobs, boost economic gr…
Mrs Gifty Twum-Ampofo, Deputy Minister for Education has announced that her ministry through the Commission for Technical and Vocational Education and Training (CTVET) is working tirelessly to define and set standards needed for specific t…
The Ghana Navy on Monday October 11, 2021 successfully foiled a piracy attempt on a Tuna Fishing Vessel, AFKO 805 by warding off the pirates who were onboard two speed boats.
Commander Andy La-Anyane, Acting Director Public Relations …
Year-on-year inflation rate rose to 10.6 per cent in September, the highest in the last 14 months, the Ghana Statistical Service said on Wednesday.
"This means that in the month of September 2021 the general price level was 10.6 per cen…
GCB Bank, on Wednesday, presented a cheque for GHC50,000 to support the upcoming Fifth Volta Trade and Investment Fair.
Mr. Francis Nyarko, Volta Regional Manager of the GCB, said the bank considered its economic incubation mandate…
The SIC Insurance PLC has called on the government to prioritize the insurance of key state properties and assets against unforeseen circumstances.
Mr Irwin Cofie, Deputy Head of Marketing, SIC Insurance PLC, added that government must …
The Gushegu Livestock Market, which became operational in April this year, has become the main source of revenue for the Gushegu Municipal Assembly contributing about 50 per cent of the Assembly's Internally Generated Funds (IGF).
…
Mr Samson Awingobit Asaki, Executive Secretary of the Importers and Exporters Association of Ghana, has revealed that it was illegal for foreigners to operate shipping agencies.
Mr Asaki said "shipping agencies should be given to Ghanai…
Mr Richster Nii Amarh Amarfio, a Fisheries Advocate, has asserted that the astronomical increment in fishing licensing fees is affecting operations of fishing vessels in the country, and called for a review to restore hope in the industry.…
Ghana has completed the project preparatory phase of the Scaling-up Renewable Energy Programme (SREP), Dr Matthew Opoku Prempeh, the Energy Minister, has said.
The SREP Investment Plan is key to the Government's strategy aimed at unlock…
Mr Samson Awingobit Asaki, Executive Secretary, Importers and Exporters Association of Ghana, has affirmed that the implementation of the paperless port system at Ghana's ports has allowed shippers to clear cargo in real-time without delay…
Ghana’s leading provider of comprehensive home financing solutions, First National Bank Ghana, has signed Memoranda of Understanding (MOUs) with three more real estate developers to collaborate in the provision of homes for Ghanaians as pa…
On the occasion of Global Handwashing Day, WaterAid Ghana is urging the Government to make financing available to accelerate hand hygiene for all. Globally, 2.3 billion people, almost one in three, lack soap and water for handwashing at ho…
United Bank for Africa Ghana Ltd. (UBA Ghana) has received a five-star rating for overall service quality and satisfaction for traditional and remote banking, and among top five banks in customer loyalty.
UBA scored 5-star along with 10…
With the purchase of vehicles becoming more difficult because of the existing financing model, Autocheck Africa, an automotive technology company, has introduced an innovative platform that seeks to bring flexible car ownership and financi…
The Public Interest and Accountability Committee (PIAC), has urged the Minister for Finance (MOF) to build a stronger buffer for the Ghana Stabilisation Fund (GSF).
This is to enbale the fund effectively serve its purpose of shoring up …
The Regional Head of IBM North, East and West Africa, Mrs Angela Kyerematen-Jimoh, has been named in the list of 50 women chief executive officers (CEOs) leading corporate Africa.
The list was compiled by Africa.com over many months thr…
The Managing Director of Access Bank Ghana, Mr Olumide Olatunji, has called for the need to inculcate the habit of saving in children at an early stage of their lives.
He said this would help them to understand the importance of savings…
Klasha, a San Francisco and Lagos-based cross-border company building technology infrastructure for cross-border commerce in Africa, has announced its launch in Ghana.
Launched in Nigeria in May 2021, Klasha's solution helps merchants w…
The reduced interest rates and reduced cost of credit gives consumers an opportunity to better manage their money by making smart decisions on credit.
Yogesh Borkar, Head of Credit at First National Bank says, “in the last year, consume…
The Ghana Bankers Association has called for extra vigilance on the part of merchants providing goods and services in order to help reduce ATM or card fraud.
The 2020 fraud report from the Central Bank revealed among other things that, …
The General Agricultural Workers Union (GAWU) says the removal of the Price Stabilization and Recovery Levies (PRSL) on petrol, diesel, and LPG for the next two months will have little to no effect on the prices of foodstuff in the markets…
Mr Ken Ofori-Atta, the Minister of Finance, says the Ghana Infrastructure Investment Fund (GIIF) must continue to be run in the right way with strong corporate governance and without undue political interference in its operations.
He sa…
The Bulk Oil Storage and Transportation Company Limited (BOST), has announced the discovery of adulterated products at its Kumasi depot over the last couple of days.
It said nine Bulk Road Vehicles (tankers) have been held for carrying …
Mr Smaila Boakye has been elected as the new chairman of the Ashanti regional branch of the Ghana Private Road Transport Union (GPRTU).
Mr Boakye polled 187 votes to beat his only challenger, Nana Kwame Afriyie, who had 72 votes in an e…
Newmont Golden Ridge Limited (Akyem Mine) Tuesday presented GHC110,781,444.45 as dividend to the government for the 2021 financial year.
The dividend represented government's free carried interest share in the Company in the Birim North…
Members of the National Youth Committee of the Public Services Workers' Union (PSWU) of the Trades Union Congress, have been advised to uphold the core mandate and values of labour.
They should be actively involved in programmes and cam…
The Environmental Protection Agency (EPA) is in the process of procuring more drones to boost its operations in mining communities.
The Agency is currently training its staff in the use of drones to monitor mining activities in th…
Mr. Richster Nii Amarh Amarfio, Secretary of the Ghana Tuna Association (GTA), said Ghana needs to train fishing crew to boost the activities of the fishery industry.
He said government needed to understand the activities of the fishery…
MTN Ghana’s 25th anniversary promotion winners for the month of August will be presented with their prizes by the end of October 2021.
The Chief Marketing Officer Mr. Noel Kojo Ganson said “ we are getting ready to present the vehicles…
Global media network PHD, part of Omnicom Media Group, has introduced a new mark and refreshed brand identity to reflect its philosophy ‘Make the Leap’ – a call to action for leveraging the power of imagination to drive disproportionate gr…
The Public Interest and Accountability Committee (PIAC), has urged the Minister for Finance (MOF) to grow the Ghana Stabilisation Fund (GSF) in order to serve its purpose of shoring up Annual Budget Fund Amount (ABFA) expenditure when ther…
Local and international business leaders will converge in Accra for the fourth edition of Stanford Seed Transformation Network (STN) Ghana’s Business and Leadership Conference on October 21, 2021.
The conference, which is an annual prog…
THE survival of 75 solar companies is under threat due to what they describe as unfair policies and regulations in the industry.
Already five of them have started preparations to relocate to Liberia and Sierra Leone as the solar busin…
It is often said that for a business to succeed, it must solve a problem. For many entrepreneurs, the secret to their success is their ability to identify a problem and develop a solution for it.
For the Chief Executive Officer of Hair …
The financial market globally has seen one of the most dramatic changes in regards to the insurgence of technology in the past decade after the last financial depression in 2009.
The global market is currently seen to have opened up to …
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