U.S. President Donald Trump will call on Wednesday for slashing tax rates on businesses and the wealthy as part of a new tax plan that is likely to offer few details about how to pay for the cuts without expanding the federal deficit.
H…
inGenius Africa, with support from Premium Bank and the Association of Ghana Industries (AGI), has launched a new TV and Radio series titled ‘Solutions’ which is aimed at providing education for small and medium enterprises (SMEs) in the c…
A three-day training workshop on solar energy technology has opened at the Koforidua Technical University (KTU) as Ghana pushes towards more sustainable energy sources.
This is being jointly organized by the ECOWAS Center for Renewable …
Mr Salifu Saeed, the Northern Regional Minister has indicated that the Shea industry is a key driving force for development in the Region.He said government would therefore pay maximum attention to develop it.
He expressed hope that gov…
The first ever African Air Show will be hosted by Ghana from October 24 to 26, 2017, at the Kotoka International Airport, under the auspices of the Ministry of Aviation.
The Expo, which is being organised in collaboration with the Ghan…
Mr Isaac Oware-Aboagye, the Public-Private Partnership Coordinator at the Ministry of Finance, has said a study conducted in 2016 indicated that Government needed 7.3 billion dollars to improve infrastructure deficit in the country.
The…
The International Air Transport Association (IATA) released data for global air freight markets shows that demand, measured in freight tonne kilometers (FTKs), increased by 11.4 per cent in July 2017 compared to the same period a year ago.…
Ghana’s victory in the maritime boundary dispute with Cote d’Ivoire has seen Tullow plc’s share price on the London Stock Exchange reach a four-month high indicating investors excitement about the prospects of the lead operator of the Jubi…
President Nana Addo Dankwa Akufo-Addo, has revealed that his government is done with the Co-ordinated Programme of Economic and Social Development Policies.
According to President Akufo-Addo, the Constitution, in Article 36(5), requires…
President Nana Addo Dankwa Akufo-Addo has said the steps being taken by the government to revamp the business environment to attract investors are gradually bearing fruits.
He said foreign investors were beginning to see the transformat…
Efforts by the Ghana Shippers Authority (GSA) to help reduce cost of shipping at the twin ports have started yielding results.
This followed recent announcements by the Ghana Ports and Harbours Authority (GPHA) that it will henceforth, …
The Mfantsiman Municipal Assembly in the Central Region, plans to put in place pragmatic measures and business incentive Packages to attract and retain both local and foreign investors.
Mr Kenneth Kelly Essuman, Municipal Chief Executiv…
Mr Kwasi Amoako-Attah, the Minister of Roads and Highways, Monday said the Government would harness financial resources of the private sector under the Public Private Partnership (PPP) arrangement to accelerate infrastructure development.…
The government is taking steps to restructure the Ghana Irrigation Development Authority (GIDA) into a more viable and efficient entity, the Deputy Minister of Food and Agriculture, Dr Sugri Banbangi, has said.
This exercise will help m…
Africa's most profitable and Largest Airline, Ethiopian Airlines, has been adjudged the Airline of the year 2016 (International) at the 28th edition of the Chartered Institute of Marketing Ghana (CIMG) National Performance Awards in Accra…
The Securities and Exchange Commission (SEC) is poised to play a pivotal role in putting structures in place for firms to raise long term capital through innovative financial instruments that would be to the benefit of the investor.
Mr…
The messaging service WhatsApp has been disrupted in China as the government steps up security ahead of a Communist Party meeting next month.
Users have faced problems with the app for more than a week with services dropping in and out.…
The Governing Council of the Council for Scientific and Industrial Research (CSIR) has said it will pursue the commercialisation of the CSIR as one of the measures to make it more effective and boost its contribution to national developmen…
The 11 different taxes on petroleum products in the country have sparked calls on the government and other stakeholders to eliminate some of them, described by a section of the motoring public as falling in the category of nuisance taxes.
…
The Bank of Ghana (BoG) has set a deadline of April 2018 for Microfinance Institutions (MFI) to comply with its new business rules or risk being sanctioned. This is expected to tighten the supervision of the Central Bank to effectively str…
The government has successfully raised some GH¢892.8 million from the sale of a three-year bond in the week ending September 22.
The bond was sold to resident and not resident investors at a coupon rate of 18.25 per cent.
Although bi…
The Bank of Ghana’s Monetary Policy Committee has maintained the Monetary Policy Rate at 21% after its sitting which ended on Friday.
The key issues considered have been highlighted as follows:
Among these is the recovery in export c…
Insolvent airline Air Berlin, Germany's second-largest carrier, is pushing ahead with talks with EasyJet and Lufthansa about a possible sale.
Air Berlin, which is still flying after a 150m euro (£130m) rescue loan from Germany's governm…
LONDON (AP) -- The stock market response to Chancellor Angela Merkel's victory in Germany's election was fairly muted Monday even as the euro currency faltered.
KEEPING SCORE: In Europe, Germany's DAX was up 0.2 percent to 12,622 while …
OPEC met on Friday to review the progress of their work over the past 9 months, assessing whether or not they should extend their current production cuts beyond the March 2018 expiration date.
OPEC gathered in Vienna at a time when the …
Wamanafo Nea Salamina FC, a Division One side based in Wamanafo in the Dormaa East District of the Brong Ahafo Region made history over the weekend by becoming the second team after Aduana Stars, another Dormaa base side, to qualify to pla…
The MTN Ghana Foundation, a subsidiary of MTN Ghana, a telecommunication company has spent US$13.4 million in its corporate social responsibility (CSR) in the country.
Mr. Stephen Asare, the Brong-Ahafo, Northern, Upper East and Upper W…
The newly constituted Governing Board of the Precious Minerals and Marketing Company (PMMC) has been charged to revitalise the Company to enhance its profitability and viability.
Madam Barbara Oteng-Gyasi, a Deputy Minister of Lands and…
McHammah Engineering, a Ghanaian owned electromechanical engineering company, has urged the government to award 50 percent of the equipment contract for the One-District, One-Factory Project to local companies.
Mr Ebenezer McHammah, the…
A six-month entrepreneurial skills training to provide economic opportunities for 50 selected young people is underway in Kumasi. This is being done under the young executive business growth programme of the African Aurora Business Networ…
Dr Papa Kwesi Nduom, the President of Groupe Nduom, has said the high interest rates are as a result of the “insane competition” among financial institutions.He said the competition kept pushing the interest rates very high when, in realit…
The Governing Board of the Precious Minerals and Marketing Company (PMMC), on Friday, said it would collaborate with the Economic and Organised Crime Office to undertake forensic audit of some transactions and loans.
These transactions…
First Atlantic Bank (FAB) says it has finalised an agreement with Advanced Finance and Investment Group (AFIG Fund) to invest in the Bank.AFIG Funds’ investment in First Atlantic Bank will strengthen its (FAB’s) capital and accelerate its …
The Ghana Free Zones Board (GFZB) has, for the first time in its 22 years existence, organised a three-day foreign trade mission for 17 Ghanaian companies to seek foreign investments.
Consequently, the high powered Ghanaian maiden trade…
Aldi has reported record sales in the UK and Ireland for last year but its profits have fallen sharply amid a fierce price war among supermarkets.
The German discounter said sales rose 13.5% to £8.7bn in 2016, but operating profit dropp…
The Chief Executive Officer (CEO) of Mobile Telecommunication Network (MTN), Ebenezer Twum Asante and the CEO of United Bank for Africa (UBA), Abiola Bawuah have won the Marketing Man of the year and Marketing Woman of the Year awards resp…
Fidelity Bank has rewarded five customers in the second draw of its promotion dubbed “10 times richer”.
The event, which was held in Kumasi, saw all five customers multiplying their coupon balances by 10, taking home a total of GH¢25, 0…
Royal Crown Packaging Limited (RCPL), a local packaging company, has won the Business Quality in Packaging Industry Award at the fifth Ghana Business Quality Awards held in Accra.
Royal Crown Packaging shrugged off competition to scoop …
On the sidelines of the United Nations General Assembly, Bloomberg Philanthropies hosted by former mayor of New York Michael Bloomberg, inaugurated his first Global Business Forum with an astounding line up of global innovators, including …
QNET, optimizing its existing e-commerce platform currently has three easily accessible local agents in West Africa, namely Mali, Cote d’Ivoire and Burkina Faso QNET (www.QNET.net), a company of Asian heritage and a part of the US $200 bil…
Nigerian business leader Aliko Dangote told investors "Agriculture, agriculture, agriculture. Africa will become the food basket of the world."
In a packed room at the headquarters of global law firm Shearman and Sterling LLC high leve…
BHGE was asked by NLNG to develop a solution to enhance the performance of LNG trains at its gas liquefaction plant in Bonny Island, Nigeria
Baker Hughes, a GE company (BHGE) will provide Asset Performance Management (APM) softwa…
Dangote begs public to help monitor, report unscrupulous truck drivers, sets up hotline for reports The Management of Dangote Industries Limited (www.Dangote.com) has launched a passionate appeal to members of the public to assist in monit…
According to Davies, UK remains a key investment partner for South Africa in terms of the total inward Foreign Direct Investment (FDI) flows received from the rest of the world
The Minister of Trade and Industry, Dr Rob Davies held …
The City of Chicago, Illinois, USA, has deposited $20 million into the operations of the Illinois Federal Service Bank (ISF Bank) which has the Nduoms, led by Dr and Mrs Papa Kwesi Nduom, majority shareholders.
Chicago City Treasurer,…
Uber will not be issued a new private hire licence, Transport for London (TfL) has said.
TfL concluded the ride-hailing app firm was not fit and proper to hold a London private hire operator licence.
It said it took the decision on t…
Mr Alan Kyeremanteng, the Minister for Trade and Industry, has said government will establish a $2 billion industrial development fund to provide medium to long term financing support to people to engage in manufacturing and production.
…
Mobile Business Clinic (MBC) Africa, in collaboration with the Ambassador of the Netherlands to Ghana, Ron Strikker, is to host its maiden Start-Up Investor Conference schedule for October 19 2017 in Accra. The one-day conference which wo…
Most investors don’t know what to make of bitcoin. But the best brains see the potential and are flocking to this new asset class, argues Charlie Morris.
This year has seen a surge in the price of digital assets – my preferred term fo…
A savings and loans company, uniCredit Ghana Limited, has launched its 10th anniversary with a promise to extend more credit to small and medium enterprises (SMEs) in the country.
The Chief Executive Officer (CEO) of the company, Mr Sam…
info@businessghana.com
