Mr Moses Bukari Mabengba, Northern Regional Minister has urged the people to remain committed to the government to enable it to deliver on its campaign promises.
He said all the promises made by the government would be fulfilled espe…
The Internal Audit Agency and World Bank on Thursday, jointly held a forum on risk-based audit for chief directors, heads and senior staff of Ministries, Departments and Agencies (MDAs) to
sensitize them on the new approach to internal a…
President John Evans Atta Mills on Thursday said his administration would review a proposal submitted by the management of Arik Air Limited of Nigeria, soliciting Government's assistance to revive Ghana Airways.
He pointed out that a…
Growth in India's exports remained robust, as overseas shipments expanded by 35.1 per cent to USD 16.1 billion in May on the back of improving
demand in western markets.
Exports grew for the seventh month in a row since November 2…
Ms Hannah Tetteh, Minister of Trade and Industry has noted that the revamped Northern Star Tomato Factory, has the capacity to produce a minimum of 250 metric tonnes per day.
She said the project was in line with government objective…
Ms Hannah Tetteh, Minister of Trade and Industry on Tuesday disclosed that the indebtedness of the Subin Industrial Plantation Limited (SIPL) is close to GH�3 billion.
She said the liabilities covered indebtedness to various compan…
The Integrated Social Development Centre (ISODEC), has called for proactive national participation in the oil find, to deepen knowledge and awareness of civil society to be able to monitor the revenue that would accrue to the State.
…
Dual technology denial regime by the US is not in the interest expanding the Indo-US relationship in the strategic sphere, industry body Federation
of Indian Chambers of Commerce and Industry (FICCI) has said.
"Such irritants in t…
India and Russia need stronger trade and economic ties, Confederation of Indian Industry (CII) President Hari S Bhartia has said.
Bhartia was speaking on a three-day India-Russia Business Dialogue session that started in St Petersbu…
Ghana and other African countries seeking to reap benefits of South-South Trade must develop good strategies that would enable them to achieve industrial and economic growth.
Mr Tetteh Hormeku, Programme Officer of Third World Networ…
The Berekum Municipal Assembly exceeded its 2009 revenue target by bagging GHC 292,676.63 representing 122.58 percent.
Mr. Stephen Lord Oppong, Municipal Chief Executive, who announced this said the expected revenue target for 2009 w…
The South Akim Rural Bank made a net profit of GHC423,539.00 last year, a 17 per cent rise improvement over that of 2008.
The bank also increased its total assets from GHC7,890,700, in 2008,to GHC11, 059, 961, which is 40 per cent ove…
Bilateral trade between the UK and India is declining since 2009-2010, new Deputy High
Commissioner of India to the UK, R N Prasad has said.
Prasad, who was speaking at Overseas Indian Facilitation Centre (OIFC) Investment and Inte…
The following are the average inter-bank exchange
rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Tuesday, June 22, 2010.
GHANA CEDI EQUIVALENT …
Clients and patrons of Vodafone Ghana's internet caf�s have lauded the introduction of the caf� concept saying it is an initiative that is bridging the digital divide nationwide.
They said even though the cafes came at a time when…
The GSE All-Share Index, the benchmark measure of
performance of the Accra Bourse, plummeted on Tuesday after a three successive gains going down by 71.11 points to close at 6,709.76 points.
Traded volumes, however, went up to clos…
An Assistant Director of the Cape Coast Metropolitan Assembly (CCMA), Mr. Samuel Yirenkyi Appiah, on Tuesday advised farmers and food processors not to depend solely on promises of loans, but invest their profits to enhance their capital b…
Mr Stephen Kpordzih, Managing Director of the Agricultural Development Bank (ADB), has said the opening of new branches across the country was in consonance with the current transformation process to give the Bank an unmatched corporate im…
Ghana Nuts Limited, a Techiman-based nut processing company, has launched a new soya bean poultry feed christened "Poultry Master" in Dormaa Ahenkro.
The product contains 48 per cent protein and other essential components of poultry f…
Cocoa and some foodstuffs have been locked-up in a number of farming communities in the Western Region following heavy rains which have rendered some roads impassable.
In some of the communities, the Ghana News Agency (GNA) visited, …
India fears that a lingering debt crisis in the Eurozone could disrupt trade and lead to flight of capital from developing economies such as it and end up derailing the fragile global economic recovery.
Although the crisis arising f…
Leaders of the world's largest economies,
including India's Prime Minister Manmohan Singh and US President Barack Obama, will gather in Ontario this week to discuss plans to beat the
economic slump.
The tiny Ontario cottage town of…
The global association of financial institutions, IIF, will hold its annual 2011 spring meeting in New Delhi, capital of India, reflecting the significance attached to emergence of India as a major global economic power.
Created by …
Chairman and CEO of Dow Chemicals Andrew Liveris will not attend the Indo-US CEO Business Forum meeting scheduled to be held here on Tuesday.
"He is not attending because of his prior engagement," Dow spokesperson told PTI.
A hig…
Contribution of ICT (Information Communication Technology) sector to Ghana's real GDP (Gross Domestic Product) is difficult to determine despite some efforts to estimate that, a recent study has shown.
Preliminary findings of a study …
A regional stakeholders' meeting has recommended the establishment of a Ministerial Commission to ensure the proper delineation of the boundaries of the five stool lands from those vested in the President.
The meeting, held in Sunyan…
The GSE All-Share Index, the benchmark measure of
performance of the Accra Bourse, gained for the third successive time, going up 164.67 points to close at 6,780.87 points in a thin volume.
Traded volumes closed the session 256,388…
The Management of Ghana Cocoa Board (COCOBOD) on Monday said the purchases of 2010 Light Crop Cocoa season would commence on Friday, June 25.
A statement issued in Accra and signed by Mr Anthony Fofie, said the producer price to be p…
Cabinet has approved the extension of the Extractive Industries Transparency Initiative (ETTI) to cover the Oil and Gas sector, Mr Seth Tekper, a Deputy Minister of Finance and Economic
Planning has said.
He announced this in an ad…
Better known for his sprawling steel empire and mounds of wealth, Lakshmi Mittal has now been named as a visionary by Fortune magazine for extending support to help Indian athletes win Olympic medals.
The league of eight individuals…
Indian stocks trading on American bourses added over USD 7 billion to their cumulative market capitalisation last week, with IT icons Infosys Technologies and Wipro accounting for more than half of the total gains.
For the week ende…
As differences are likely to resurface over the proposed bank tax at the forthcoming G-20 Summit in Toronto, the Indian Finance Ministry has said
tighter regulation will enable the domestic banks escape any such levy, unlike most other c…
India's Tata Motors-owned Jaguar Land Rover will set up a national sales company in China to
accelerate its expansion in the world's fastest growing car market.
"Clearly China is a very important and growing market for Jaguar Land…
The Ministry of Lands and Natural Resources has adopted short, medium and long term strategies to assist the timber industry to stay in business.
Alhaji Collins Dauda, the sector Minister who made this known said within the short ter…
Mr Emmanuel Armah Buah, Deputy Minister of Energy, has expressed his Ministry's readiness to streamline the operations of the seven Bulk Oil Storage and Transportation (BOST)in the country.
He said the Bolgatanga depot which is a st…
India's exports grew for the seventh straight month, rising by 35.1 per cent to USD 16.1 billion in May, but exporters may take a hit due to the sharp decline of the euro.
Commerce Secretary Rahul Khullar Friday said export numbers …
Farmers and traders at Kpeve in the South-Dayi
District have expressed the hope that the opening of a branch of Agricultural Development Bank (ADB) at Kpeve would improve agric-business in
the area, which is mainly agrarian.
They…
Mr Ben Asamoaning Akumba, Country Director of Amicus Onlus, an Italian Non Governmental Organisation in entrepreneurial development, has observed that Africa was focusing too much on the continent's natural resources at the expense of huma…
Dr Osborn Fiifi Ofori, a Malaysian-based Ghanaian
industrialist, has stated that the recent increment in electricity tariff could plunge local manufacturing industries into major financial crisis.
"I want to believe that it is a mis…
New Delhi and Moscow will increase cooperation in sectors like energy, pharmaceuticals, and IT, among others to triple bilateral trade to USD20
billion by 2015 from the current USD 7.4 billion.
The visiting Commerce and Industry Mi…
The 27-nation European Union has banned imports of Indian honey, alleging that consignments of the natural nectar from the country are contaminated with lead.
Indian Commerce Secretary Rahul Khullar Friday said the government was lo…
RIL will expand energy exploration off east coast and plans to drill in East Timor, Yemen and Oman as well as add shale gas assets, Mukesh told shareholders.
"We are drawing up specific plans for mega investments in this (power) sec…
Indian Commerce and Industry Minister Anand Sharma Friday called for early conclusion of Doha Round for a global trade deal under the aegis of World Trade Organisation.
At the plenary session of the St Petersburg International Econo…
A fall in India's most valued company Reliance Industries dragged down benchmark index Sensex by 46 points, cutting short the long 7-day rally.
The 30-share index of the Bombay Stock Exchange opened on a strong note and surged 105 p…
India's second largest public sector lender, Punjab National Bank, is on an international
expansion spree to increase foreign revenue earnings.
According to PNB Chairman and Managing Director K R Kamath, the bank aims to double rev…
At a time when the leading telcos are drawing plans to offer 3G services, Mukesh Ambani-led RIL
Friday announced it can offer fourth generation (4G) wireless services after acquiring Infotel which bagged 20 MHz of Broadband Wireless Acces…
Alleging that some key global players were acting as a roadblock in international trade negotiations, a top US trade official has said the success or failure of the Doha Round depends on countries like India, China and Brazil.
"Tod…
Indian Commerce and Industry Minister Anand Sharma is leaving on Thursday on a 12-day tour which will take him to the US, Russia, Britain, France and Spain.
The first leg of his visit begins with the St Petersburg International Eco…
The World Bank has approved credit worth USD 372 million for two projects related to coastal zone management and water supply and sanitation in south Indian state Karnataka.
While USD 222 million will be provided for the Integrated …
The rupee lost 8 paise to 46.62 against the dollar in early trade on Thursday as the US currency remained firm against the major world currencies in overseas markets.
The rupee had closed flat at 46.54/55 against the dollar in the p…