The University of Science and Technology (KNUST) in Kumasi has become the latest beneficiary of a new e-banking product introduced by HFC Bank (GH) Ltd. aimed at making campus life easier for students.
With the "HFC Transflow" in plac…
The South Korea-European Union (EU) free trade agreement (FTA) is at the final stage of negotiations as South Korean President Lee Myung-bak is on an official trip to Europe, South Korea's Yonhap News Agency reported Wednesday.
The S…
If asked a few months ago whether the U.S. economy needed another round of stimulus, many economists and politicians would have said no.
But with unemployment continuing to rise, some are calling for a second injection of funds to …
Mr Samuel Ofosu-Ampofo, Eastern Regional Minister, on Thursday said the mass cocoa spraying exercise was dear to the hearts of the Government and would therefore not sit down unconcern for it to be undermined.
He said the cocoa indu…
Farmers from the three Northern Regions, Upper East, Upper West and Northern at a consultative dialogue meeting raised concerns about the devastating effects of bush fires on their farms and how it worsen their economic situation.
Th…
A research scientist has appealed to corporate bodies and research institutions to team up with small-scale entrepreneurs to develop their capacities for innovation and creativity.
Professor John Powell, the research scientist, said such…
The Akyempim Rural Bank has re-launched its savings mobilization products to strengthening its financial capital in order to get more revenue to support its customers.
As part of the products management, the board of directors of the…
Ghana's annual inflation rate rose marginally to 20.74 per cent in June up from 20.06 percent in May, the Ghana Statistical Service said on Thursday.
The increase is 0.68 over the annual inflation rate of 20.06 per cent registered i…
Ghana and Brazil have signed a seven- million- dollar agreement for the establishment of a sheanut processing plant at Buipe in the Northern Region.
The facility, which would start operations in August, would be the first of the thr…
Farmers in the Upper East Region in collaboration with the Ministry of Food and Agriculture (MOFA) and Tono Irrigation Programme are cultivating 1,700 hectares of rice.
The fields that are expected to yield about 7,000 tonnes of the …
Dr. Kwabena Duffour, Minister of Finance and Economic Planning, on Tuesday inaugurated boards of three institutions at separate ceremonies in Accra.
Mr J.H Owusu is chairman of the Venture Capital Trust Fund, Mr. Iddriss Egala, chai…
The United States African Development Foundation (USADF), has signed an agreement for a grant to support Pig Farmers and Processors Association in Ejisu Juaben District in the Ashanti Region.
A Statement issued by the Foundation to G…
Nana Afrifa Yamoah II, chief of Jukwa, has said since the establishment of the Kakum National Park in 1995 no royalties had been paid to the land owners from the revenue accruing from its operation.
The park is a major tourist a…
The Ghana Trades Union Congress (GTUC) says it would battle any attempt to delay the implementation of the New Pensions Scheme, "whether it came from government or the Social Security and National Insurance Trust (SSNIT)".
Speaking …
Mrs. Juliana Azumah-Mensah, the Minister of Tourism, has lauded the private sector for adding health related investment to the country's repertoire of tourism attractions.
He said spas and health facilities are becoming important exponen…
A regional training on Financial Programming and Policies (FPP) to equip financial experts with tools to formulate and implement macroeconomic and financial policies for the growth, stability and poverty reduction opened in Accra on Monday…
Devtraco, a leading Ghanaian real estate developer, has launched a "Cash Back and Price Protection" promotion to give its customers the opportunity to save up to $11,250 on every home they purchase.
As part of the promotion, Devtraco…
Oil prices dropped for the fifth session in a row on Tuesday as investors felt uncertain about the future of the economy and turned to the save-haven currencies.
Light, sweet crude for August delivery fell 1.12 U.S. dollars, or 1.7 p…
World leaders are expected to pledge 10 to 15 billion U.S. dollars to help feed the poorest people in the developing countries at a summit this week, Italian Prime Minister Silvio Berlusconi said on Tuesday.
"We hope to approve an in…
Gold futures on the COMEX Division of the New York Mercantile Exchange ended higher in an up-and-down session on Tuesday as the dollar pared its loss. Silver and platinum both went down.
Gold price for August delivery climbed 4.80 U.…
Worldwide sales of semiconductors saw a 5.4-percent month on month increase in May, marking the third month of sequential growth in a row, a leading U. S. trade group said on Friday.
Global chip sales rose to 16.5 billion U.S. dollar…
Mr. Alhassan Mumuni, District Chief Executive (DCE) for East Gonja has expressed satisfaction at the district's creditable performance of revenue mobilisation during the first and second quarters of 2009, which yielded Gh¢28,171.50 out of …
Barclays Bank has presented a cheque for 47,310 Ghana cedis to Afrikids Ghana, a child rights non governmental organization that supports children and empower communities to make a sustainable change in their lives in the Upper East Region…
The International Monetary Fund (IMF) will continue to provide policy advice and targeted technical assistance in the context of regular visits to Zimbabwe.
In a statement issued last week, IMF Mission Chief for Zimbabwe Vitality K…
Management of Vodafone on Monday launched a "stock big, grow big, win big" promotion to enhance the businesses of its retail customers.
Under the promotion, from now until September, this year, every 20 Ghana cedis worth of Vodafone …
The management of Tema Oil Refinery (TOR) on Saturday shutdown its operations due to the development of some technical faults in the refinery's Residual Fluid Catalytic Cracker (RFCC) plant.
The shutdown occurred barely a for…
A wide range of issues will be discussed during the Group of Eight (G8) summit and outreach sessions to be held on July 8-10 in the central Italian city of L'Aquila, Italian Foreign Minister Franco Frattini said.
In a recent intervie…
Madam Ama Benyiwa-Doe, Central Regional Minister, has urged municipal and district assemblies to make budgetary allocations from their common fund to support small scale enterprises within their jurisdiction.
She said the informal s…
Sudan's airspace would be closed on Sunday from 5:00 p.m. of local time (1400 GMT) until 7:00 p.m. (1600 GMT) for all domestic and international flights because of a maiden voyage of a aircraft produced by a local factory, a Sudanese offic…
Sudan formally opened its first plant for producing aircraft on Sunday in a drive to meet the country's growing aviation need.
At the opening ceremony of the Safat Airlines Group, Sudanese President Omar al-Bashir announced the start…
Russia Ambassador to Zambia has said the country was working on an agreement to write off Zambia's debt on a basis of "debt for development programs", the Zambia Daily Mail reported on Saturday.
Russian Ambassador to Zambia Boris Mal…
A new bill meant for administering the market of precious stones in Ethiopia is presently in pipeline, a cabinet minister said on Friday.
Alemayehu Tegenu, minister of mines and energy, said the new bill will enable traditional gold …
Mozambique has built the first computer assembly line in its capital city of Maputo.
The assembly line was built under a deal between the Mozambican government and the South African company Sahara Computers.
The factory, which …
Zimbabwe's Horticultural Promotion Council (HPC) said on Friday the global recession has impacted negatively on the country's horticultural sector, particularly flower growers.
HPC chief executive Basilio Sandamu said the recession, …
Public procurement is critical to the enforcement of fiscal discipline, reduction in unproductive recurrent expenditure and the improvement in revenue generation.
Dr Kwabena Duffuor, Minister for Finance and Economic Planning, said …
The International Labour Organisation (ILO), the Government of Ghana and its social partners have for the past six years been strategizing through a number of interventions to combat poverty in rural and peri-urban areas through its Decen…
The Ghana Network of the World Industrialisation Partnerships Corporation (WIPCOR) was launched in Accra on Thursday with a call on members to bring on board the building of strong domestic industries to transform the country's economy for…
Dr Nii Moi Thompson, an economist, has urged Ghanaians to cultivate a development-oriented consciousness for reliable and sustained socio-economic advancement.
He said God had provided the nation with all the good things such as fer…
Multichoice Ghana has partnered with Afric Xpress to introduce the 'txtNpay' electronic payment system to DStv subscriber which has enhanced the ease of payment of DStv subscription.
Mr. Aaron Ampofo, Operations Manager, MultiChoice…
The International Labour Organisation (ILO), the Government of Ghana and its social partners have for the past six years been strategizing through a number of interventions to combat poverty in rural and peri-urban areas through its Decen…
The main index of the Ghana Stock Exchange (GSE) inched up by 0.95 points in trading on Thursday to close at 5,427.20 points from 5,426.25 points.
Change for the year to date is -47.97 per cent. Shares that changed hands closed the …
The European Union (EU) on Thursday approved a 175 million Euros Millennium Development Goal (MDG) contract facility for Ghana after bilateral discussions on the sidelines of the on-going summit in Sirte, Libya.
A statement signed by…
The Tamale Metropolitan Assembly last year failed to meet its estimated revenue mobilization target of GH¢791,459.00 but only collected a meager amount of GH¢277,721.58 for the year.
Alhaji Abdulai Haruna Friday, Tamale Metropolitan…
By January 2010, payrolls of all Ministries, Departments and Agencies (MDAs), will be run by the Controller and Accountant General's Department (CAGD), Mr Raphael Kwesi Tuffour, Controller and Accountant General (CAG) has said.
Mr Tu…
Vice President John Dramani Mahama on Friday reiterated government's commitment to invest in the agricultural sector since it offers employment to about 60 per cent of the country's population.
He said it was important for government…
Major Albert Don-Chebe (RTD), Head of Corporate Communications, Vodafone Ghana, on Friday denied knowledge of any Nigerian company called Telegennica, alleged to be employing local contractors to install masts for Vodafone.
Maj. Don-C…
South Korea and Peru have reached a substantial agreement on competition and telecom sectors at this week's free trade talks held in Seoul, South Korea's trade ministry said Friday.
According to the ministry, both sides made an advan…
Professor Oliver Morrissey, Director of the Centre for Research in Economic Development and International Trade, University of Nottingham, UK, said Ghana needed to add value to its primary export commodities to ensure socio-economic develo…
Dr Grace Bediako, Government Statistician, on Tuesday advised public institutions to provide timely and reliable data, to enable easy generation of information upon request.
"Unless we get our documentation right, we cannot meet the …
The Attorney-General and Minister of Justice, Mrs. Betty Mould-Iddrisu on Tuesday called on government to enact a law to purposely deal with counterfeiting and piracy.
She said such a law would deal with the menace of counterfeit and…
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