The main indices of the Accra Bourse marked time in trading on Tuesday as traders turned their back to the bourse with bearish sentiments dominating.
The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Ex…
The World Bank has said it is prepared to approve an additional US$360 million over the next three years for a total of US$500 million in support of Africa's North-South Corridor (NSC) programme, a release from the Bank's Office in Accra s…
The Supreme Court on Tuesday adjourned to April 28, the hearing of an application brought by Professor E.V.O. Dankwa, Counsel for Mr Tsatsu Tsikata, that the Court set aside an order it made on February 25, 2009 for the parties to the revi…
The 2009 West African Senior Secondary School Certificate Examination (WASSSCE) took off smoothly for final year students of Senior High Schools in the Tema metropolis on Tuesday.
The students sat for English paper three (Oral Englis…
The Amansie West District branch of the Ghana National Association of Teachers (GNAT) has urged the Ghana Education Service (GES) to totally absorb the cost of tuition, learning materials, and examination fees of teachers pursuing the Dist…
The Swiss Government on Monday signed an agreement with the Ministry of Finance for the release of nine million Swiss Francs (about 7.95 million dollars) in a form of a Multi-donor budget support to help Ghana reduce poverty and enhance ec…
World Bank Vice President for Africa Obiageli Ezekwesili has challenged countries in Africa to use the global economic downturn as an opportunity to rapidly transform their economies through diversifying sources of growth, reforming polici…
A successful operation of any airline requires a strong sense of accountability and great expertise, an airline manager said in Accra on Sunday.
Mr Benjamin Asare Buotu, Director of Afrijet Airline, said anything short of these vital…
The Upper East Regional Coordinating Council (RCC) has pledged its support for the Guinea Fowl Farmers Association (GUIFFA) in the region to undertake guinea fowl rearing as one of the means to reduce poverty.
Mr. Mark Woyongo, Upper…
Leaders of four African countries and representatives of European Commission (EC), World Trade Organizations (WTO), the World Bank (WB), African Union Commission, African Development Bank (AfDB) on Monday gathered in Lusaka to discuss join…
A two-day international summit was opened in Lusaka on Monday to discuss the development of a key economic north-south corridor in Africa.
Leaders of four African countries attended the opening session of the unprecedented conference…
The Egyptian Government has decided to spend 63 billion Egyptian pounds (about 11.25 billion dollars), or 28 per cent of the projected revenues, on education and health care in next financial year, the official MENA news agency reported on…
The main index of the Accra Bourse closed Monday's session down under the weight of a loss by Ecobank Ghana Limited.
The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Exchange (GSE), went down by 33.22 …
Mr John Ayisi Jatango, Brong Ahafo Regional Agricultural Extension Officer on Thursday called for the establishment of an agricultural educational endowment fund to boost agricultural education in the formal and informal sectors.
He …
The authorities of Jema Senior High School in Kintampo South District have appealed to non-governmental organisations and philanthropists to support the institution with infrastructure and other educational materials to help improve academ…
Mr Haruna Iddrisu, Minister of Communications, on Thursday said his Ministry in collaboration with relevant institutions would "get tough" on persons and institutions engaged in the shipment and dumping of toxic wastes in the country.
…
The new version of the Ghana Customs Management System (GCMA-2), a versatile automated system for processing customs declarations, customs regimes and payment, goes into operation in the early hours of Monday following the completion of it…
The National Tripartite Committee (NTC), which comprises the government, employers and labour, on Friday announced an 18 percent increase in the national daily minimum wage to GH¢2.655 for 2009.
A communiqué issued in Accra at the en…
Leaders of the Group of 20 met in London on April 2 2009 to deliberate on the current economic crisis facing the world. Find below the full text of a statement issued at the end of the meeting
"1. We, the Leaders of the Group of Twenty, …
The International Network for Bamboo and Rattan (INBAR), in collaboration with the European Union (EU), and other partners will launch the bamboo firewood and charcoal programme in Ghana and Ethiopia on Monday April 6, 2009.
The "Bamboo …
Mr Joseph Amenowode, the Volta Regional Minister, on Saturday said people should not be prompted by organized cleanup campaigns to clear their surroundings of garbage.
He said the National Democratic Congress (NDC) government regard…
Mr Samuel Ofosu-Ampofo, Eastern Regional Minister, on Friday challenged Accountants to always help Government to achieve value for money for all its transactions and dealings.
In a speech read on his behalf at the inauguration of the…
Mr Samuel Ofosu-Ampofo, Eastern Regional Minister, on Friday challenged Accountants to always help Government to achieve value for money for all its transactions and dealings.
In a speech read on his behalf at the inauguration of the…
Mr. T. A. Bediako, Chairman of the Pension Reform Implementation Committee (PRIC) has urged associations in the informal sector to contribute toward the establishment of a national pension scheme.
He said currently, employees in the …
A crowd at the Asamankese Circuit Court was on Wednesday stunned, when Jonathan Agudse, a 28-year-old farmer, charged with defiling a 15-year-old girl admitted the offence and said he had been giving the victim "chop money".
Agudse a…
The current global economic crisis, which began with the severe strains on the financial and banking system in parts of the developed world, now risks triggering a human development catastrophe in the world's poorest countries.
As t…
MTN Ghana on Wednesday launched a new service that enables individual prepaid subscribers to recharge their credits online and distributors to create online accounts to recharge credits for MTN customers.
The service - MTN Web Rechar…
Ms. Sherry Ayittey, Minister of Environment, Science and Technology, on Thursday asked corporate bodies to make the Ghana Business Code (GHBC) part of their business operations.
"The purpose of the regulations ensured in the GHBC was…
fter a rare gain on Monday, the main index of the Accra Bourse, closed Tuesday's session unchanged as bearish sentiments dominated.
The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Exchange (GSE), clo…
The Ghana National Petroleum Corporation (GNPC), on Wednesday renewed government's agreement with Vanco Ghana Limited and LUKOIL Overseas Ghana Limited to continue to explore oil in the Cape Three Points deepwater block in the Central Regi…
Government has secured an undertaken by the three major public transport unions in the country not to increase their transport fares, Presidential Spokesperson, Mr. Mahama Ayariga, said in the first government reaction to new fuel prices a…
Government has been urged to establish an Agricultural Development Fund for farming institutions and quasi-farming institutions to source funding to facilitate their operations.
Mr Alex Seffah-Boachie, Finance and Administration Mana…
Ghana Telecom University College (GTUC) and Zhong Xing Telecommunication (ZTE) University, on Tuesday signed a strategic Memorandum of Understanding (MOU) in the areas of resource sharing and training.
According to the agreement, the …
The Customs, Excise and Preventive Service (CEPS) has upgraded its automated system for processing Customs declarations and payments to improve revenue collection and make a positive impact on the clearance process.
The Ghana Customs…
Mrs Victoria Mendez-Charles, the High Commissioner of Trinidad and Tobago to Ghana, on Tuesday called on the Minister of Energy, Dr Joe Oteng Adjei at his office in Accra to deepen bilateral relations between the two countries and identify…
Drama unfolded at the Annual General Meeting (AGM) of the Cocoa Processing Company (CPC) when a man claiming to be a great grandson of Tetteh Quarshie, Nii Samoa Okropon of Osu Ashanti, hijacked proceedings and demanded recognition and pay…
The Suhum police have arrested two people for allegedly possessing counterfeit Ghana cedi notes.
A police source told Ghana News Agency that Ibrahim Wahab 30, a barber, was arrested on March 22 at Anum Apapam after purchasing Tigo cr…
Ecobank Ghana Limited, one
of the leading banking institutions in the country, on Thursday said it recorded a 50 per cent growth in its profit after tax during the year 2008.
Speaking at the bank's Annual General Meeting (AGM) in Accra…
Millicom Ghana Limited, operators of Tigo mobile network, in partnership with Research In Motion (RIM), developers of the Blackberry Technology, on Wednesday launched the new Blackberry Bold smartphone device to serve the needs of the corp…
Dr. Nii Moi Thompson, International Project Expert, Local Economic Development International Labour Organisation, on Thursday called for urgent measures to address the credit needs of local businesses, especially the small and medium enter…
Vice President John Dramani Mahama on Friday lauded the renewed confidence of foreign investors in the country's economy and attributed it to the democratic strides made over the years.
Speaking at the launch of eTranzact, an online …
Management of Sandpark Properties, a real estate company, has inaugurated its electrification project for the first gated residential estate at Dunkonah, New Bortianor near Accra.
Management of Electricity Company of Ghana (ECG) on …
President John Evans Atta Mills on Friday asked companies working at the Jubilee Fields to utilise local resources and satisfy local interests for mutual benefits.
He reminded the companies of the industrial and legal requirements to…
Ghana Commercial Bank (GCB) on Friday announced GH¢0.06 dividend per share amounting to GH¢15.9 million.
The figure represents 42 per cent of its after profit after tax for 2008, which stood at GH¢37.59 million.
Mr Kwabena Gyi…
Parliament on Friday night passed the Appropriation Bill, approving the sum of GH¢9.79 billion for the financing of government operations in the 2009 financial year.
The motion of the approval was moved by the Finance Minister, Dr Kw…
The Lotto Industry contributed GH¢10.6 million to the Gross Domestic Product (GDP) last year, Mr Kofi Frimpong, General Secretary of Lotto Receivers Union announced in Kumasi.
He said there was expected to be increase in the revenue …
The Ministry of Trade and Industry announced
on Friday that granting of exemption from destination inspection of certain categories or values of commercial imports has been suspended.
A statement signed by the Minister, Ms Hannah T…
Dr Kwabena Duffour, Minister of Finance and Economic Planning has pledged Government's resolve to remove waste and corruption in the public service.
"The present global financial challenge and the state of the country's economy requi…
The Environmental Protection Agency (EPA), and its collaborators have completed a draft document seeking legally binding modalities for telecom operators to undertake co-location exercises.
The 26-page draft document made available t…
Mr Felix Addo, President of Ghana Association of Restructuring and Insolvency Advisors (GARIA), an association that ensures effective and efficient insolvency law, on Wednesday said Ghana needed a restructuring law to help companies grow e…