Fitch Ratings, an international credit rating agency, has assigned Ghana’s USD750million six-year 9.25 per cent senior unsecured notes a final rating of ‘B’.
Credit rating is used by sovereign wealth funds, pension funds and other inves…
A Vietnamese Trade and Investment delegation is in Ghana, to explore opportunities in rice production/farming, processing, storage, marketing and distribution.
The trip is being organised by the Ministry of Industry and Trade, Vietnam a…
The 2016 Africa Oil Week (Africa-OilWeek.com) showcases 130 speakers with a high-quality exhibition, plus special features, cocktail receptions and dinners, five days of networking, state/corporate delegations, and much more – all inclusiv…
PRESIDENT OBAMA: Well, good morning, everybody! Let me begin by thanking Mayor Bloomberg -- not just for the introduction but for the incredible work that Bloomberg Philanthropies is doing, not just in helping this event but for all the …
MTN Business is taking provision of business solutions to the next level in its maiden Housing and Hospitality fair scheduled to take place on 29th September, 2016.
The fair, which is targeted at players within the hospitality and housing…
Vodafone Ghana is rewarding 750, 000 customers nationwide in a 90-day promotion dubbed “Yee Twi K? reloaded.” This follows the success of last year’s “Yee Twi K?” promotion which rewarded close to 180,000 customers with exciting cash prize…
As part of efforts to get closer to cherished clients, telecommunication giant, Vodafone Ghana has taken the reloaded edition of its flagship promo “Yee Twi K? reloaded” to the people of Ashaiman.
The promo, which is Vodafone’s way of s…
One hundred and five health personnel from the Economic Community of West African States (ECOWAS) have been deployed in the sub-region as standby forces to respond to outbreak of diseases and emergencies situations in member countries.
…
The overall level of economic freedom in Ghana has grown higher than the country’s neighbours, says the 2016 Index of Economic Freedom released by Heritage Foundation at Institute of Economic Affairs.
The Washington based organisation s…
The Youth Employment Agency (YEA) with the Ministry of Fisheries and Aquaculture has launched the Coastal Sanitation Module at Abotoase in the Biakoye District of the Volta Region.
Mr Kobla Bechem, the Chief Executive Officer of YEA, sa…
The Ghana Social Opportunities Project (GSOP) has rehabilitated 67 dams and dugouts in communities in the Upper East Region to assist rural famers to undertake dry season farming.
Most of the rehabilitated dams were completely broken do…
The Institute for Democratic Governance (IDEG), a civil society organisation, says as the nation prepares for the December polls, there is the need for political parties to show enough commitment to continue with the constitutional amendme…
Mr.Daniel Owiredu Board Chairman of the GCBMr. Daniel Owiredu, Chairman of the Board of Directors of the GCB Bank, has strongly defended the processes and procedures used by the bank to grant loan facilities to its customers and the genera…
The government has signed the security package agreement with the World Bank (WB) amounting to US$700 million for the Offshore Cape Three Points Project Known as the Sankofa Gye Nyame Gas Project, meeting the key final deliverable under th…
The Bank of Ghana (BoG) has announced plans to increase the minimum capital requirement of the thirty-two universal banks in the country.
The Governor of the BoG, Dr Abdul Nashiru Issahaku who disclosed this at the 16th annual working l…
Unilever Ghana has conducted fields sales accreditation programmes for some of its key Direct Sales Representatives (DSR) across the country.
The exercise was aimed at developing the skills and capabilities of its key partners, in line …
The introduction of a new clearance system enabled the Customs Division of the Ghana Revenue Authority to exceed the revenue target by 26 percent in 2015. According to the Division the "single window system" introduced by the government …
Volume traded at the Ghana Stock Exchange (GSE) hit 32,649 shares which were valued at GH? 128,171.34 at the close of trade on September 22, a stock market analysis paper made available to the Ghana News Agency, said.
Nordea Capital is…
As the September 26 to 28 “informal” meeting of OPEC producers in Algeria draws near, media speculation could easily cause mental anguish. On oil news websites simultaneous headlines claim OPEC will both fail and succeed in capping output.…
Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new offshore fields come on stream, to push total output above 240,000 barrels per day (bpd), pan-African bank Ecobank has said.
The country produ…
Inflation shouldn’t be new to you if you have followed this column for a while. Time and again, l have had to look at issues surrounding inflation because it affects almost everything around us, as far as economics is concerned.
But do …
The ECOWAS Common External Tariff (CET) which was introduced in February this year is collapsing the renewable energy industry, the General Secretary of the Renewable Energy Association, Mr Enoch Yeboah Agyepong, has said.
He explained …
The payment of beneficiaries of the Ghana Social Opportunity Project (GSOP) via e-zwich has seen phenomenal growth, rising from GH?38, 000 in February 2015 to GH?3.8 million paid in August this year.
The volume of e-zwich transactions h…
The prospect of gas production in the country looks very bright as Ghana is set to produce about 300 million cubic feet of gas daily by 2018 from its oil and gas fields.
This comes on the heels of major exploration activities commencing…
Agnes Emefa Essah, Director of Marketing at Vodafone Ghana, says the Yee Twe Ko reloaded promo seeks to reward 750,000 Vodafone customers with GH? 2.5 million worth of prices.
Vodafone Ghana, the telecom giant, last week launched the Y…
The Ghana Trade and Livelihood Coalition (GTLC) says Ghana would see more growth in agriculture if targeted and effective interventions are instituted for small scale farmers in the crop sector.
Presenting findings from its 2014 and 201…
Major Daniel Ablorh Quarcoo (Rtd), the former Chairman of Public Interest Accountability Committee (PIAC) has urged civil society organisations (CSOs) to seriously engage government in discussions over the usage of the oil revenue.
He …
Availability and ease of access to credit remains a huge challenge for the private sector. Latest data from the Bank of Ghana suggests a general credit squeeze to the private sector in 2016, amidst a chequered month-on-month growth when co…
The Ghana Cocoa Board (COCOBOD) will pay more for it's annual cocoa loan this year than it did for the US$1.8 billion it took from the international finance market last year. Although the board is borrowing the same US$1.8 billion, the rat…
Every study ranking nations by health or living standards invariably offers Scandinavian social democracies a chance to show their quiet dominance. A new analysis published this week—perhaps the most comprehensive ever—is no different. But…
Nigeria is suing several leading oil companies for $12.7 billion of crude oil that allegedly was exported illegally to the United States between 2011 and 2014, officials said Tuesday.
The Federal High Court in Lagos begins hearings next…
Patchy rainfall in West Africa is threatening cocoa production in Ghana as conditions remain too dry in the world’s second-largest producer, according to the $500 million hedge fund Armajaro Asset Management LLP.
Rains that usually bene…
The Ghana Oil Company Limited experienced a block trade as 15 equities moved with three laggards as the Ghana Stock Exchange bourse opened on a bearish note albeit with huge volumes, on September 19.
In effect the benchmark GSE composit…
Lack of infrastructure and funds are the constraints to Ghana’s quest to fast-track the processes to achieve low sulphur content in diesel and other petroleum products, the National Petroleum Authority (NPA) has said.
According to the C…
Sixty tonnes of foundation seeds worth US$200,000 meant for rice cultivation can no longer be used as seeds because they were kept at the Tema port for several months after they had arrived.
According to the General Manager of Prairie V…
Enterprise Life Assurance in collaboration with some financial institutions have introduced a Loyalty scheme card which can also be used as a visa card for any insurance transaction.
Speaking to JOYBUSINESS in an interview, Senior manag…
Ghana earned $3.208 billion from petroleum revenue for the production of 161.7 million barrels of crude oil between 2011 and 2015.Although the highest number of barrels, 37.4 million, was recorded in 2015, Ghana received the lowest revenue…
The Chief Executive Officer (CEO) of Worawora Rice Limited, Mr Yaw Adu Poku, has underscored the need for the country to adopt a single rice seedlings for local rice production in the country.
That, he said, would help increase consumpt…
The Government is confident that the newly passed Public Financial Management (PFM) Act, Act 921, will help regulate the borrowings of state-owned enterprises (SOEs), as part of measures aimed at keeping the public debt from spiraling.
…
The American Chamber of Chamber (ACHAM) Ghana will host the Heritage Foundation's lecture on the theme "Index of Economic Freedom" on Thursday 22nd September, 2016.
The Index of Economic Freedom is an annual analysis of the economic cli…
The Bank of Ghana (BoG) says data on public expenditure shows that the government is on track to meeting the deficit target of five per cent, dispelling fears that election year fiscal pressures will force the government to overspend.
T…
The Ghana Cocoa Board (COCOBOD) will on Wednesday, September 21, 2016, sign an agreement with a consortium of banks for a loan facility of US$1.8 billion to be used to finance cocoa purchases in the 2016/17 cocoa season.
Already, a team…
MTN has said it will continue to invest in its network to enable its subscribers to enjoy continuous quality data and voice services at all times.
The Senior Manager, Corporate Communications of MTN, Mrs Georgina Fiagbenu, said this dur…
Ghana plans to issue its first domestic investor only dollar bond next month in efforts to deepen the government’s financing streams and bolster the local bond market, Finance Minister Seth Terkper has said.
The two-year bond with a tar…
As part of efforts to get closer to its cherished clients, telecommunication giant, Vodafone Ghana, has taken the reloaded edition of its flagship promo “Yee Twi K? reloaded” to the people of Ashaiman.
The promo, which is Vodafone’s way…
Organisers of the annual Ghana Economic Forum (GEF) has introduced an awards scheme to honor and encourage individuals and businesses contributing in diverse ways to advance the Ghanaian economy.
Known as the Ghana Economic Forum Excell…
Olam Ghana Limited, a leading supply chain manager of agri-products and one of Ghana’s top cocoa buying organisations, received a thumps up for its value additions to the cocoa industry in the country.
The Deputy CEO of Ghana COCOBOD, J…
The Social Security and National Insurance Trust (SSNIT) has introduced an online validation and contribution report submission through its website. The initiative is to enable customers to avoid queuing for long periods in transactions.
…
German multinational polymer specialist, REHAU AG & Co, is set to increase investment in Ghana to set up a warehouse and a fabrication factory to support its operations in the country.
The company, which has been prospecting the Ghanaia…
Indigenous cable manufacturing giant, Reroy Cables Limited have been enrolled into the Ghana Club 100 ranking for the first time at the 15th edition of the awards ceremony held in Accra, a couple of weeks ago.
The Ghana Club 100 ranking…