Ghana has lost about US$30 million in revenue as a result of the ban on vegetable exports into the European Union (EU).
The amount was lost between the period 2014 and 2017 when the country was?found to be non-complaint with the EU stan…
Fifty-seven oil marketing companies (OMCs) have been sanctioned by the Ghana Standards Authority (GSA) for engaging in various infractions detrimental to the interest of consumers.
All the affected OMCs are in the Greater Accra Region.
…
Oil prices rose more than 1 percent on Wednesday as strong global refining margins and the reopening of U.S. Gulf Coast refineries provided a more bullish outlook after sharp drops due to Hurricane Harvey.
But traders remained wary of H…
Facebook has decided how to finally make money from WhatsApp: charge businesses that want to conduct customer support in the app.
WhatsApp's program for businesses will charge large companies that want to be verified and have access to …
The Auditor-General (A-G) has issued more Certificates of Indebtedness to individuals towards the recovery of State funds, which they directly or indirectly caused its wrong utilisation, bringing the total to more than 35.
About 100 c…
Vice-President Dr Mahamudu Bawumia has urged African countries to consider a future beyond aid as inflows from traditional donors dwindle across the continent.
Addressing a meeting of G20 Compact countries Finance Ministers in Accra, Dr…
The Management of the Ghana Revenue Authority (GRA) has denied allegations of impropriety and unilateral decisions levelled against it in the transfer of staff of the Customs Division of the Authority.
A statement signed by Kwasi Bobie-…
Ubor Konja Tansan VI, Paramount Chief of Kpassa in the Nkwanta North District has donated 3000 acres of land at Kpassa towards government’s “One District One Factory” initiative.
Mr Jackson Jakayi, District Chief Executive Officer for …
To succeed, Africa’s agricultural revolution needs to be very different to those seen in the rest of world
The power of entrepreneurs and the free market is driving Africa’s economic growth from food production, as business wakes up…
As sub-Saharan Africa's climate changes, small-scale farmers are increasingly looking to innovative ways of dealing with agricultural challenges. And in some instances, the techniques they adopt are helping to combat climate change, too.
…
TAP Portugal, the Lisbon-Based Airline has won the ‘Marketing Campaign of the Year Award’ at the just-ended Ghana National Aviation Awards held in Accra. The event designed to recognise the effort of players in the industry was attended by…
The Minister of Agriculture, Dr Owusu Akoto Afriyie, has inaugurated a seven member board of the Ghana Cocoa Marketing Company (CMC) with a charge on them to help revive the fallen fortunes of the cocoa industry.
Dr Afriyie, who adminis…
Newmont Ghana Gold Limited has escaped sanctions from the Bank of Ghana (BoG) over its failure to surrender 30 per cent of its export receipts to the Central Bank in 2016.
This was due to miscommunication amount the Minerals Commission,…
To enhance students’ capabilities in financial services marketing, the Financial Services Marketing class of the MA Marketing Strategy programme at the University of Ghana Business School (UGBS), on Friday, 23rd June, 2017, held a pr…
The government’s commitment to replacing paper and human-based transactions and controls at the seaports with paperless processes will be extended to the airports in the coming years.
The paperless transaction at the airport, known as t…
After a successful pilot of the paperless initiative at the ports, the country has officially begun the full implementation of the initiative, starting with the clearance of imported goods.
The process, which commenced yesterday, saw th…
Prices of the country’s major commodity exports firmed up in the week ending August 31 on the back of declines in supplies and a weakened US currency.
Crude oil finished higher on supply cut commitment by major producers and shut downs …
This year’s National Food and Agric Show (FAGRO) is slated for Tamale from September 26 to to September 30, 2017.
The choice of Tamale as venue for the fair, which is normally held in Accra, underlines the commitment to making the show …
Digital or electronic banking (e-banking) is believed to be providing an efficient and more reliable platform for banks and their customers to transact business with ease.
Though benefits of digital banking in developed countries are nu…
The e-Crime Bureau has announced the appointment of Mr. Alex Oppong as the new Principal Consultant to Ghana’s leading cyber security and digital forensics consulting firm. His appointment was effective August 1, 2017.
Mr. Oppong is an …
Oil and gas is big business in Ghana – and it is only getting bigger! In 2007, the Jubilee oilfield was discovered, and it is containing up to three billion barrels. Since then both the oil - and gas industry has seen a tremendous growth, …
Turning goodness into greatness: Malta Guinness brings on huge promo
Malta Guinness, the nation’s favorite malt drink, is giving consumers the chance to fulfil their dreams in the latest “Go Get It” National Consumer promotion. Malta Gu…
This project represents an opportunity for U.S. oil and gas firms to work closely with local companies operating in the upstream subsector
Background:
The Nigerian National Petroleum Corporation (NNPC) announced that the federal gove…
Ghana Oil Company Limited (GOIL) has rolled-out targeted Customer Appreciation Campaign aimed at rewarding users of GOIL products as well as creating environment for engagement with the public.
The GOIL Customer Appreciation Campaign in…
Dr Sagre Bambangi, the Deputy Minister of Food and Agriculture in-charge of Annual Crops, has commended farmers for investing heavily in agriculture, this year, as part of efforts to make the Government’s Planting for Food and Jobs a reali…
FBNBank Ghana Limited has launched a Savings Promotion to encourage Ghanaians to save and also deepen customers understanding of the bank’s financial services offering.
Dubbed “FBNBank Save and Win” the promotion is to enable the bank t…
Over 14,000 farmers in Ghana are now registered to the Olam Farmer Information System (OFIS), a revolutionary technology which enables mapping and survey of farms, using an Android app to harness data for the benefit of smallholder farmers…
The Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding (MoU) with Oxford Business Group (OBG) for its forthcoming publication dubbed: “The Report: Ghana 2018”.
Under the MoU, GIPC, a longstanding partner …
The Ghana Export Promotion Authority (GEPA) is working towards achieving the vision of the Government to move the nation from consumption to production and export-based economy.
To this end, GEPA had identified some crops that would be …
The Minister of Food and Agriculture, Dr Owusu Afriyie Akoto, says the financial challenges facing the Ghana Cocoa Board (COCOBOD) have worsened in recent times, forcing the board to now borrow from the Bank of Ghana (BoG) to be able to pa…
A reader asks:
I wanted your advice about when do you recommend one sells holdings that have appreciated? I understand the concept of buying low but would appreciate your advice on when to sell. I understand reversion to the mean and ha…
The Ghana Mineworkers’ Union (GMWU) says the increasing conversion of permanent mining sector jobs into non-standard or contract jobs is threatening the wellbeing of workers.
The hike in short-term or fixed contract employment, instead …
Government is committed to encourage the private sector to grow the maritime industry to help strengthen the economy, Kweku Ofori Asiamah, Minister for Transport, has said.
“The government is determined to protect the Ghanaian private …
Senior Minister, Mr Yaw Osafo-Maafo, on Monday said government is working to correct the mismatch between the skills needed by industry and what the training institutions had been developing.
He said the country, over the years, had und…
Government has revoked the mining license given to Exton Cubic Group Limited to mine bauxite in the Nyinahin area of the Atwima Mponua District of Ashanti.
This is because the compa…
In the wake of constant news headlines of political and corporate corruption in the Ghanaian media, global engineering giant, Siemens, shares lessons from fighting and overcoming corruption.In 2007, the company hit the worst crisis in its …
Despite increasing concerns from the public on the use of soap detergent and water to kill the fall army worm (FAW) invasion on crops by local farmers, players in the agriculture sector are of the view that the locally acquired method work…
GCB Bank has been adjudged the best compliant bank in Africa at the just ended Compliance Awards held in Accra over the weekend.
GCB beat competition from other intuitions in this category like First National Bank Ghana, Afriland First …
An international arbitration expert, Professor Richard Frimpong Oppong, has criticised the government for “sloppy and passive responses” in defending the country in many expensive international claims filed by foreign investors against the…
The official commencement of the paperless clearance system at the country’s ports was greeted with mixed reactions at the Tema Port on Monday following the withdrawal of Customs Compliance officials.
The transition, which was expected …
The government has intensified its efforts at exploring the possibility of making China a major consumer of cocoa products from Ghana.
In the first quarter of 2017, trade volumes between Ghana and China reached nearly US$1.4 billion.
…
The new Commissioner of Insurance, Mr Justice Yaw Ofori, has pledged to make insurance a pooling point for the attraction and mobilisation of low cost and long-term funds for investments.
He hopes to achieve this by making insurance a h…
Dr Sagre Bambangi, Deputy Minister of Agriculture, has commended farmers in Sissala for their effort at controlling the attack of the fall army worm on their farms.
The Deputy Minister of Agric gave the commendation during a field visit…
The Ghana Mineworkers’ Union has made raft of proposals urging government to synchronize all key policy initiatives of multinational mining companies into a public-private partnership arrangement to drive faster development agenda of minin…
Dr Sagre Bambangi, a Deputy Minister of Agriculture, has expressed satisfaction with the achievement of some young farmers through the collaboration between the Youth in Agriculture Programme (YIAP) and Masara N’Arziki.
He said he was p…
Dr Kwaw Andam, Research Fellow, International Food Policy Research Institute (IFPRI), says high-quality data is essential for the acceleration of the socio-economic development of developing countries.
He said the importance of timely, …
The first ever Ghana Energy Awards to recognize outstanding contributions and achievements of industry players have been launched.
The maiden awards also opened nominations for 20 categories and outlined entry procedures, rules and requ…
President Nana Addo Dankwa Akufo-Addo has said the government is putting the needed measures in place to reduce the cost of doing business and improve the business environment.
“We have begun to act on the fundamentals of our economy. T…
Stanbic Bank Ghana has launched a new payment service to enable parents and guardians pay their wards' school fees without visiting the school or the bank.
The new service known as ‘Quick fees’ is an innovative platform using the mobile…
Bulk Oil Distributors (BDCs) have recorded about GH¢140 million losses on margins due to activities of fuel smugglers.
The losses were recorded between May and July 2017 mainly because the oil wholesalers and retailers were forced to lo…
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