The 6th Innovation Prize for Africa will be held in Accra in July 2017.
The event is a collaboration between the Ministry of Environment, Science, Technology and Innovation (MESTI), Ghana Investment Promotion Centre (GIPC), and Ghana 60…
Some farmers in the Nandom and Lawra Districts of the Upper West Region have adopted very indigenous but innovative farming practices and technologies to increase crop yield whilst safeguarding the environment.
The innovations introduc…
Indigenous cocoa processing company, Niche Cocoa, is investing US$18 million to expand its processing capacity from 30,000 tonnes per annum to 60,000 tonnes.
The move forms part of the company’s aim to process more cocoa beans and reach…
Staff of the Cocoa Processing Company (CPC) has blamed the limited reinvestments in the company on the stringent regulations of the Ghana Stock Exchange (GSE), which makes it illegal for the government to come to the aid of the cocoa grind…
Ecobank Ghana’s initiative to promote a cashless system is yielding impact with more than 80,000 customers of the bank signing on to the digital mobile banking platform, barely four months after its launch.
The digital platform, which i…
A NEW commodity spawns a lucrative, fast-growing industry, prompting antitrust regulators to step in to restrain those who control its flow. A century ago, the resource in question was oil. Now similar concerns are being raised by the gian…
The Chief Executive of the Ghana Export Promotion Authority, Ms Gifty Kekeli Klenam has called for adequate financial and logistical support from all stakeholders for the Authority to deliver on its export promotion mandate.
Speaking in…
German sportswear firm Adidas has reported a big leap in sales in the US, outpacing gains by its American rival Nike.
Stripping out currency changes, Adidas sales rose by 31% in the first quarter, compared with Nike's rise of 3% for the…
The Minister of Communications, Mrs Ursula Owusu-Ekuful has pledged the support of her Ministry to work with GCNet to ensure the smooth implementation of Total Revenue Integrated Processing Systems (TRIPS) and Ghana’s business automation p…
The European Union (EU) and Christian Aid, a UK based non-governmental organisation, has launched a €946,000 project dubbed Growing Economic Opportunities for Sustainable Development (GEOP) at a ceremony in Accra.
GEOP seeks to foster s…
The Coalition of the Savannah Accelerated Development Authority Civil Society Organisations (SADA-CSOs), have appealed to President Nana Addo Dankwa Akufo-Addo, to make groundnut farming part of his ‘Planting for Food and Jobs’ Initiatives…
German investigators suspect that a mole spied for Swiss intelligence from inside a government office which was trying to catch German tax dodgers.
The allegations are part of the case against an alleged Swiss spy arrested in a Frankfur…
The Builsa Community Bank in the Upper East Region extended financing to over 6000 smallholder farmers within its catchment area of Builsa North, Builsa South, Talensi and Mamprugu Moagduri districts in the last two years.
Over 68 per c…
When employees aren’t just engaged, but inspired, that’s when organisations see real breakthroughs. Inspired employees are themselves far more productive and, in turn, inspire those around them to strive for greater heights.
Our researc…
Mr Mike Enendu, General Manager for Finance and Administration at West Africa Gas Pipeline Company (WAPCo), has urged Ghanaian vendors to be diligent in adhering to the company’s safety standards.
This, he said, would make them competit…
The National Chairman of the Ghana Association of Microfinance Companies (GAMC), Mr Collins Amponsah-Mensah, has said potential investors must undertake due diligence on microfinance companies before investing their resources with them.
…
The Founder of the Chief Executives Network Ghana, Mr Ernest De-Graft Egyir, has called for the need to privatise all state-owned enterprises in the country to make them more efficient and profitable.
He said undertaking economic activi…
Local inverter manufacturing company, Renew World Energy Limited, is set to play a lead role in the country’s quest to move into renewables to meet the growing energy demands.
The company, which has constructed a factory to be officiall…
The Association of Oil Marketing Companies (AOMC), has expressed grave concern over what it describes as an escalating black marketing of petroleum products in the country, and has given the government 48 hours to take a decisive action to…
The General Manager of the Amansie West Rural Bank, Mr. Mills Opoku-Boateng, has underlined the bank’s unswerving devotion to providing good customer service. He said they would continue to put the customer at the heart of their thinking a…
An international cyber security expert, Mr Paresh Makwana, has underscored the need for the government to take bold steps in the process of combating cybercrime in the country.
He explained that cybercrime posed a lot of challenges to t…
Oil prices sharply extended losses just before Tuesday's settlement, with U.S. crude breaking below $48 a barrel for the first time in more than a month.
U.S. West Texas Intermediate (New York Mercantile Exchange: @CL.1) futures and int…
General Motors Co (GM.N) said on Wednesday it would expand its car-sharing operation, Maven, in the U.S. ride services market as the automaker looks to benefit from a growing 'gig' or freelance economy.
GM's Maven Gig program will help …
US bank JP Morgan could move up to 1,000 jobs out of London ahead of the UK's exit from the European Union.
A senior executive at the Wall Street giant, Daniel Pinto, said that "hundreds" of staff may move to Dublin, Frankfurt and Luxem…
The management of HFC Bank says it is expecting the cleaning up of non-performing assets from its books and investments in its systems and structures over the last two years to start yielding the right dividends by the end of this year.
…
West African beneficiaries of Australian-funded mining programmes have engaged in a forum dubbed “Investing in West African mining for sustainable regional development,” to discuss issues of sustainable mine development in the sub-region.
…
Mr Prince William Ankrah, General Secretary, Ghana Mine workers Union, has hailed government and interested parties’ efforts at tackling the menace of illegal mining, which had caused wanton destruction to water bodies and farmlands.
…
The Ghana Oil Company Limited, (GOIL) the nation’s foremost indigenous Oil Marketing Company (OMC) on Wednesday donated 1,000 hospital beds and 1,000 mattresses to the Ministry of Health for onward re-distribution to the regions.
The be…
Organised Labour has pledged its support to the government and called for a partnership to get the workers out of the many crippling challenges that they faced into the path of prosperity and hope.
Dr Yaw Baah, Secretary General of the …
The National Investment Bank (NIB) has opened a branch at the Kumasi City Mall. A statement signed by Charles Komla Wordey, the Head Corporate Affairs, National Investment Bank Ltd and copied to the Ghana News Agency said the Kumasi City M…
MTN Ghana has advised Mobile Money subscribers to install anti-malware application on their phones, if supported to combat Mobile Money (MM) fraud.
Mr Albert Antwi-Boasiako, Principal Consultant, e-Crime Bureau said the MM sector is exp…
The second Deputy Governor, Bank of Ghana, Dr Johnson Asiama on Wednesday said effective central bank communication must be underscored by accountability and transparency.
This, he said, would involve the deepening of understanding of e…
President Nana Addo Dankwa Akufo-Addo has appointed Ms Kosi Antwiwaa Yankey as the Acting Executive Director of the National Board for Small Scale Industries (NBSSI).
A statement from the NBSSI said she took over from Mr Lukman Abdul-…
Ghana's economy will shift from commodity-based to industrialisation in the next few years, following ongoing efforts to prioritise investments in petrochemicals, iron and steel industry and integrated aluminium to help drive the country’s…
U.S. companies hired workers at a slower but still-solid pace in April while the services sector grew more than expected, supporting the notion the economic expansion remains on track despite a weak first quarter, private reports released …
Apple sold fewer iPhones than a year ago in the first three months of 2017, the company said in its latest results.
The California firm, which is due to release a new phone later this year, said it sold 50.8 million iPhones in the perio…
Volkswagen Group profits have soared in the first quarter as cost-cutting measures kick in, the German car giant has said.
Volkswagen Group also sold more models with higher profit margins, a spokesperson said.
Group profit before ta…
Inesfly Africa Limited has launched a nationwide campaign to rid schools of bedbugs especially in boarding schools.
The bedbug menace, continues to be adversely affecting students’ health and school performance, and the company believes…
The government will in June this year, launch a National Financial Inclusion Strategy (NFIS) aimed at bringing financial services to the doorsteps of Ghanaians.
The strategy will also address issues of soundness and stability in the fin…
Investment firm, Databank, is hopeful that the removal of some tax measures will boost the country’s investment prospects. The government’s 2017 budget, which seeks to restore fiscal discipline, introduced a raft of tax incentives to stimu…
The Ghana Immigration Service (GIS) within the first three months of the year, generated revenue totaling GHC213,585.00 in the Ashanti Region.This came from permit processing and penalties imposed on foreigners caught engaging in illegal g…
The Association of Oil Marketing Companies (AOMCs) has sent a distress call to the government to save the businesses of its members from the activities of black market operators in oil products.
More than 4,000 employees of OMCs risk lo…
Dangote Cement Ghana is focused on maintaining its grip of the market shares by the continuous provision of quality service in the sale and distribution of cement at all the corners of the country, Mr Etornam Buami, Media Relations Manage…
Ghana is on the verge of petroleum crisis as activities of Petroleum Black Market dealers is growing. Therefore the Association of Oil Marketing Companies (AOMCs) has called on government to take far-reaching measures to deal with the si…
Mrs Victoria Adongo, the Programmes Coordinator of the Peasant Farmers Association of Ghana, has urged farmers in the northern parts of the country to utilise the Government’s fertilizer subsidy to increase food production.
Mrs Adongo m…
The National Varietal Release and Registration Committee (NVRRC) of the Ministry of Food and Agriculture (MoFA) has approved seven new hybrid maize varieties to be released onto the market for cultivation and consumption.
The varieties…
The Food and Drugs Authority (FDA) has been asked to reconsider its decision to shut down the production facility of Adonko Bitters Limited.Angel Group of Companies, producers of ‘Adonko bitters’, said its manufacturing practices and quali…
Activity in the UK's manufacturing sector grew at its fastest pace for three years in April, according to a closely-watched survey.
The Markit/CIPS UK manufacturing Purchasing Managers' Index (PMI) rose to 57.3 from 54.2 in March, well …
A United States based Ghanaian investor, Dr James Arthur, has appealed to the ruling New patriotic Party(NPP) Government to release adequate funds to support the planting for food and jobs programme to enhance food sufficiency and export.
…
Mr. Simon Osei-Mensah, the Ashanti Regional Minister, has rallied Ghanaian workers to give strong support to the government in the implementation of its various policy initiatives to grow the economy and create decent jobs.
He indicated…