Until recently, the Savannah Accelerated Development Authority (SADA) was an infamous spectacle of how bad management of public institutions can cost a nation and the citizenry.
Established in 2010 as a vehicle for the transformation of…
Accounting for oil revenues earmarked to support initiatives under the capacity building priority area continues to generate controversy, hence the need for a clear definition of what constitutes capacity building.
Capacity building, in…
The Finance Ministry will soon introduce a Fiscal Stability and Responsibility Act, to help ensure the stability of the macro economy to attract more investors. Mr Ken Ofori-Atta, Finance Minister designate, said in order to ensure macro-e…
Mobile operator EE has been fined £2.7m by the telecoms regulator, Ofcom, for overcharging tens of thousands of customers.
The watchdog found that the UK's biggest mobile network broke a billing rule on two occasions.
Users who calle…
The Management of Ghana Interbank Payment and Settlement Systems (GhIPSS) said it would embark on aggressive public education to whip up interest in the Instant Pay Service as part of efforts to drive the cash-lite agenda.
The Chief Exe…
Esoko Ghana Limited is taking advantage of mobile money service technology to reach out to smallholder farmers in order to provide assistance for them.
Addressing the 68th Annual New Year School and Conference at the University of Ghan…
A number of companies and individuals have taken advantage of the four-day burial rites for the late Asantehemaa, Nana Afia Kobi Serwaa Ampem II, to make commercial gains.
Prominent among the businesses are dealers in native sandals…
Officials of Invest South Africa (InvestSA), an initiative of the Department of Trade and Industry (the dti) will once again put their shoulder on the wheel this year in order to attract and facilitate more domestic and foreign direct inve…
Hair Dressers say wig cap sells more than other hairstyles during festive seasons despite an increase in price. This was revealed in survey conducted by the Ghana News Agency (GNA) on Monday.
The survey, which sought to ascertain the i…
In order to give business builders a platform to connect with policy makers, Sage is launching its ‘Forum for Business Builders’
CEO Stephen Kelly says small businesses still being ignored by policy makers as big business flocks to …
The Ghana Association of Microfinance Companies (GAMC) is to introduce a corporate signage for all licensed institutions in the sector by mid-2017. The signage, which would be present at the premises of all registered microfinance institut…
Finance Minister designate, Mr Ken Ofori-Atta, has reiterated the commitment of the new government to introduce a fiscal stability and responsibility law to curtail huge budget deficits in the country.
To be able to hold macroeconomic s…
A leading member of the Finance Committee of the New Patriotic Party (NPP) in the Sixth Parliament, Dr Mark Assibey-Yeboah, says there is the need to amend the law that established the Ghana Infrastructure Investment Fund (GIIF) to make it…
Total Ghana led gainers on the Ghana Stock Exchange (GSE) transactions as it rose by 2.9 per cent to close at GH? 2.10 per share, whilst Standard Chartered edged 0.1 per cent to GH? 12.31 per share.
According to the Nordea Capital Inves…
Investors continued to demonstrate optimism in the Ghanaian economy as activities on the Ghana Stock Exchange (GSE) hiked up during the second week (January 9 to 13) trading which translated into the bidding up of equities on the bourse.
…
Rolls-Royce has agreed to pay £671m to settle bribery and corruption cases with UK and US authorities.
The aerospace firm is set to pay £497m plus costs to the Serious Fraud Office (SFO), which started investigating claims in 2012 of wr…
Rising air fares and food prices helped to push up UK inflation to its highest rate since July 2014 in December.
Consumer Prices Index (CPI) inflation rose to 1.6% last month, up from 1.2% in November, the Office for National Statistics…
Ghanaian tomato sellers have threatened to boycott tomatoes from Burkina Faso because of the instability in the price of the produce.
According to the traders, farmers in the neighbouring country have been increasing the price of tomato…
The Chief Executive Officer of Danywise Estate and Construction, Mr Frank Aboagye Danyansah, has decried Ghana’s growing housing deficit, which he said would require US$34 billion to address the shortfall.
The country’s housing need…
The Tema Sector of the Customs Division of the Ghana Revenue Authority (GRA) fell short of its 2016 revenue target.
The sector collected some GH¢7.334 billion, representing 95.37 percent of its target of GH¢7.690 billion, thereby missin…
Dr Owusu Afriyie Akoto, the Minister-Designate for Food and Agriculture (MoFA) has unveiled government's National Campaign with the slogan "Planting for Food and Jobs".
The campaign forms part of efforts to generate more wealth in the …
The Etisalat Prize for Literature is the first pan-African Prize that celebrates debut African writers of published book-length fiction
The fastest growing and Innovative telecommunication company, Etisalat Nigeria (Etisalat.com.ng), ha…
Luxottica, the world's biggest glasses maker, has agreed a huge merger with a rival eyewear firm.
The Italian eyewear designer, which owns Ray-Ban and Oakley, is to merge with French lens maker Essillor.
Combined, the two firms will …
JPMorgan Chase & Co (JPM.N) upgraded its investment recommendation on Indonesian stocks to "neutral" from "underweight" on Monday, partially reversing a move it made in November that upset the government.
Indonesia cut its business ties…
Mr. Stephen Essien, Chief Business Officer for Tigo Business has indicated that Small and Medium Enterprises (SME’s) continue to contribute an estimated 70 percent to Ghana’s Gross Domestic Product (GDP); thereby making it necessary for th…
Mr Akinwumi Adesina, President of the African Development Bank (AfDB), has called for improved access to financing to accelerate the transformation of African economies.
He said this was likely to improve the quality of life of African …
Investors bailed out of sterling and stock markets in Europe and Asia on Monday, seeking shelter in gold and the Japanese yen as uncertainty over the terms of Britain's divorce from the European Union undermined appetite for risky assets.
…
U.S President-elect Donald Trump warned German car companies he would impose a border tax of 35 percent on vehicles imported to the U.S. market, a plan that drew sharp rebukes from Berlin and hit the automakers' shares.
In an interview …
Mr Frank Aboagye Danyansah, the Chief Executive Officer of Danywise Estate and Construction, has called for an amendment of the Ghana Revenue Authority (GRA) Tax Exemption for real estates.
He said this tax exemption favours only develo…
On January 10, this year, President Akufo-Addo nominated for the consideration of Parliament, one of the country’s finest investment bankers, Mr Ken Ofori-Atta, as his Minister of Finance.
A co-Founder of Databank Financial Services Lim…
Mr George Blankson, Commissioner General, Ghana Revenue Authority (GRA), has commissioned a new administration block and two other infrastructural projects for the Ghana Revenue Academy at Kpetoe.
The two other projects are dormitories …
New report shows next decade critical for companies to open 60 key market “hot spots,” tackle social, environmental challenges, and re-build trust with society
London (16 January, 2017) — More than 35 CEOs and civil society leaders of …
With support from the African Development Bank (AfDB), Burkina Faso has been awarded a US $4-million loan from the Climate Investment Funds’ Forest Investment Program (CIF
FIP) to revive its cashew sector and mitigate climate change, work…
Sefy’s Choice Ghana, a multi-tasked company that deals in the provision of cleaning services has launched the “Clean Card” in Accra, an innovative and newest marketing tool in the cleaning and janitorial service providing industry.
…
Bank of America Corp (BAC.N) reported a near-50-percent jump in fourth-quarter profit on Friday due to cost cuts and higher trading revenue, and its finance chief forecast sturdy income growth ahead thanks to rising interest rates.
The …
Economists and economics reporters do like their charts and graphs.
And if they were all forced to pick just one with which to tell the story of the Obama presidency, many would plump for the bar chart of "non-farm payrolls".
The non…
The Chairman of the U.S.A-Africa Chamber of Commerce (USA-ACC), Ghana, Mr Martin Ofori, has touted Ghana as a trailblazer in establishing the golden rule of doing business in Africa.
That, he said, followed a successful election and tra…
Stakeholders in the entrepreneurship and start-up sector have said there is the need for the Ghana to review the approach for entrepreneurship support in the country if it is to fulfil its objective of building a thriving economy based on …
Evidence is emerging that the sharp drop in the pound is boosting UK exports, economists say.
In November, the volume of goods exported rose at a three-month rate of 1.1%, up from the previous report which showed a 2.7% decline, accordi…
Standard Chartered Bank’s Wealth Management Advisory Group has released its Outlook 2017 publication, highlighting the key market scenarios and offering investors a map of key investment themes to navigate uncharted waters in 2017.
Give…
The rapid improvement in the quality of internet service plus the availability of online real-time payment platforms has led to the growth in online shops around the country. Multichoice Ghana today announced the opening of a Webshop for a…
H&H Co. Ltd., producers of JacknJill biscuits, have announced a new social media campaign #WELOVEJACKnJILL via their Facebook page.
This new campaign entreats consumers to take selfies of themselves enjoying the milky wafer, tagging the…
October's flash crash in sterling was caused by several factors - including the time of day - according to a report by the international banking body, the Bank for International Settlements.
In the early hours of 7 October, the pound fe…
The European Union and the United States agreed on Friday to reduce legal and capital barriers to boost the $3 billion transatlantic insurance and reinsurance market.
The accord has been under negotiation for more than a year and follow…
The Stanbic Bank Global Markets Unit has presented GHC20,000.00 and other items to the Hope Setters Autism Centre at Tema as part of the Unit’s Corporate Social Responsibility activities.
The items presented to the Centre included antis…
The Chartered Institute of Bankers says it will collaborate with the Bank of Ghana (BoG) to support and strengthen the performance of players in the non-bank financial sector.
The collaboration will be in the form of providing training …
China's massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States that is clouding the outl…
Samsung chief Lee Jae-yong has been questioned at the prosecutor's office in Seoul as a suspect in South Korea's biggest political corruption scandal.
The firm is accused of giving donations to several non-profit foundations operated by…
Polished cotton, lace and Woodin brands are enjoying massive patronage over fabrics in the textile market. A survey conducted by the Ghana News Agency (GNA) on Wednesday revealed that sellers of the products were enjoying massive patronag…
Smallholder farmers have prevailed on the government to live up to its promise to increase subsidies on retail prices of fertilisers, seeds and other agrochemicals.
Subsequently, they proposed that subsidy, particularly on the fertilise…
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