The Ghana Auctioneers Association (GAA) has referred Mr Alexander Adjei of Alex Mart, a licensed auctioneer, to the Disciplinary Committee after he auctioned unserviceable vehicles of the Ministry of Food and Agriculture (MOFA).
This ca…
The Ministry of Finance has partnered the Government of Switzerland to introduce a $2.6 million Remittance Grant Facility (RGF) project to provide financial assistance to companies that develop or introduce innovative but less costly remit…
A 23-member trade delegation from Ghana is currently on a week-long tour through the Netherlands to explore opportunities for business and cooperation in food processing technologies and packaging.
A statement from the Netherlands Embas…
Mr Joe Ghartey, the Minister of Railways Development, has said Government would in the next three and a half years construct approximately 1200 kilometres of rail to boost Ghana’s economy.
He said: “The building of a modern railway netw…
Despite the tough business operating environment in 2016, Ecobank Ghana Limited’s revenue jumps 18 per cent over that of the previous year.
Total revenue for 2016 was GH¢1.2 billion compared with GH¢1.02 billion in 2015, driven by gains…
Standard Chartered Bank Ghana Limited says the macro-economic environment has generally improved towards the end of the first quarter following uncertainties in the beginning of the year.
It said though headwinds persist, the medium ter…
Professor Bafour Agyeman-Duah, Chief Executive Officer (CEO) of the John Agyekum (JAK) Foundation has indicated that the government policy of ‘planting for food and jobs’ would be critical to the eradication of hunger and poverty.
He …
Cenpower Generation is set to add on stream a combine-cycle power plant of 350 megawatts to the country’s energy needs by the third quarter of this year.
The US$ 900 million project, a special-purpose vehicle created to develop the Kpon…
Conventional wisdom among those that follow energy markets and oil in particular is that OPEC is not what it once was. For a few decades the cartel of oil producing nations was both feared and revered around the world. They had the power t…
What changes a corporate branding disaster from being a costly and damaging affair, to one with fatal consequences for the company concerned?
How is it some firms have been able to bounce back while others are unable to survive?
Both…
Mr John Peter Amewu, the Minister of Lands and Natural Resources, says war against illegal mining remains the topmost priority of the Government and that it would ensure that the practice becomes unattractive.
“Not only will we end thi…
The proposed Public-Private-Partnerships (PPP) Bill, when passed, is expected to provide clear guidelines on procurements and other processes for PPP in Ghana and thus help to curb excesses caused by sole-sourced procurement.
Mr Henry K…
The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources shows, as the exodus of finance jobs starts to take shape.
Last week Standard Charte…
Mr Emmanuel Adu-Sarkodee, the Group Chief Executive of CDH Financial Holdings Limited, has won the prestigious Group Chief Executive Officer of the Year Award for 2016, at the 7th Ghana Entrepreneurs and Corporate Executives Awards (GECEA)…
The euro has slipped back against the dollar as markets reacted to Emmanuel Macron's victory in France's presidential election.
In the immediate aftermath of the vote, the euro hit a six-month dollar high of $1.1024, but then fell back …
When a car excites you, it breaks your heart to leave it behind in the showroom because your pocket or bank account is speaking the ‘can’t buy’ language.
The feel, the look and the features become indelible, coming up in your dreams and…
Energy Media Group (EMG) has announced plans to introduce the first ever Ghana Energy Awards in December to recognise contributions of oil industry players in growing the national economy.
The Media Group made the announcement when its …
The Chief Executive Officer of the Ghana Shippers Authority, Dr Emmanuel Kofi Mbiah, has stepped down as the Chairman of the Legal Committee of the International Maritime Organisation.
Dr Mbiah, who was the sixth chairman of the committ…
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…
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