A five-year US$250m Volta Economic Development Plan (VEDP) was on Tuesday night launched to bring real improvements that would change the lives of people of the Volta Region and, by extension, lives of Ghanaians.
The focus of this am…
Mr Vincent Oppong Asamoah, the Dormaa Municipal Chief Executive, has assured cocoa farmers in the area of government's commitment to protecting cocoa farmers and the industry.
He gave the assurance in an interview with the Ghana News…
The Board of Directors of the African Development Bank (AfDB) Group approved on Wednesday in Tunis, a US$ 500 million investment in the Global Trade Liquidity Programme as the second phase of its Trade Finance Initiative.
The first …
The Ghana National Petroleum Corporation (GNPC) has engaged Morgan Stanley & Co. Limited (Morgan Stanley) as its financial adviser with regard to certain oil and gas assets offshore Ghana, an official statement from GNPC said in Accra on T…
The main index of the Ghana Stock Exchange (GSE) inched up by 0.95 points in trading on Tuesday to close 5,423.98 points from 5,423.03 points.
Change for the year to date is -48.00 per cent.
Shares that changed hands dropped …
The Private Enterprise Foundation (PEF), has proposed the establishment of a National Agricultural Fund to support farmers step up production.
The suggestion stems from the current low investments levels in agriculture by both the pu…
Ghana is to benefit from a 6.5 million euro Regional Programme to fight drug trafficking in the country.
Other countries to benefit from the programme, which begins this year, include Senegal, Cape Verde, Guinea Bissau and Togo.
…
The World Bank on Tuesday approved a US$535 million package for Ghana aimed at helping to improve economic governance and stabilize the economy.
The amount is the first slice of a US$1.2 billion the Bank plans to support the governme…
The electronic payment regime, which seeks to reduce cash transactions in the country, is certainly catching on. And the testimonial of an important service provider, MultiChoice Ghana Limited, about the "amazing technology", speaks volume…
Tigo, one of the mobile telecom brands in the country, has launched a new corporate social responsibility (CSR) initiative to provide support to communities in education, health and environment through partnerships with reputable organizat…
Selected journalists from the West African sub-region at a meeting in Saly, Senegal, have underscored the need for African media practitioners to rise up and support regional integration efforts.
The journalists discussed the obstac…
The Government has reiterated its commitment to
funding the cost of the 2010 Population and Housing Census, to be conducted in March next year, to determine the actual number of people living in the country in order to inform development…
The main index of the Ghana Stock Exchange (GSE)
was up on Monday on the back of gains by the financial stocks to open the week on positive note.
The GSE All-Share index gained 124 points at 5,423.03 points from 5,299.03 points.
…
There is the need to check high price of maize in the Dormaa area, arguably the hub of poultry farming in the country.
A maxi bag of maize cost between GHC 80 and GHC 90 which might future increase depending on the forces of demand a…
Out of the 127 rural community banks in the country, La Community Bank Limited (LCBL), has been rated the 27th with excellent performance in the banking industry.
The bank's capital of GHc1,162,852 far exceeded the minimum threshold…
Africa Finance Corporation (AFC), in partnership with African Export-Import Bank (Afreximbank), has concluded its first trade finance deal for the acquisition of an aircraft for Arik Air Limited.
The aircraft will augment Arik Air …
Mr Matthew Ndaa, Managing Director of the Kumasi Abattoir Company Limited, has said that the facility currently operates under capacity as they only slaughter an average of 200 animals a day, instead of the normal capacity of 400 animals i…
Mr Mahamud Issahaku, a cattle dealer at the Kumasi cattle market, has attributed the high cost of meat in the southern part of the country to too many unauthorized police and customs barriers on the route, where the dealers are forced to p…
Mr Luigi Cabrini, Director, Sustainable Development of Tourism of the World Tourism Organisation (WTO) on Thursday painted a bleak picture for the global tourism and hospitality industry for 2009 saying the growth for the sector was not go…
The Minister of Finance, Dr Kwabena Duffuor, on Friday inaugurated an eight-member board of directors of the Agricultural Development Bank (ADB), and tasked members to fashion out appropriate credit schemes to support the agriculture agend…
Ms Carmen Bruce-Annan, Corporate Communications Manager of Zain Ghana, on Friday said the company's objective was to empower its customers to become passionate and creative.
"We want to encourage our customers to be radiant by leadin…
The Ghana Stock Exchange aims at upholding the highest standards of market integrity, professionalism and best practices in the conduct of business, in order to reinforce investor confidence.
Mr Frank Adu Jnr, Chairman of the Council o…
Mr. George Agyeman-Duah, Kwaebibirem District Chief Executive, on Friday urged farmers in the area to form associations to enable them to determine better prices for their produce and to procure farming inputs at reasonable cost.
He aske…
Mr Joseph Nketia, General Manager of HFC Investment Services Limited, on Friday noted that land disputes and increasing prices of building materials are the major challenges facing the growth of the estate development sector.
"Ownersh…
Ghana and Spain on Friday signed a 65 million Euro Grant and Debt Swap agreement in Accra to support the country's socio-economic development.
Beneficiaries of the agreement include the Ministries of the Interior and Energy as well …
Ms Akua Sena Dansua, Minister of Women and Children's Affairs, on Saturday advised parents and guardians to save towards the education of their wards in order to give them a head start in life.
She was speaking at the launch of the G…
Reverend Gideon Titi-Ofei, Chief Executive of the Leaders Factory Group, an amalgamation of top-flight education preachers, has called on political parties to bury their differences and rally behind the government for national development.…
Rural and Community Banks have been urged not to use the " Global Credit Crunch" as an excuse to deny hardworking rural dwellers loans and overdrafts that would help improve their trade and businesses.
Mrs Ama Benyiwa Doe, Central Re…
Rural and Community Banks have been urged not to use the " Global Credit Crunch" as an excuse to deny hardworking rural dwellers loans and overdrafts that would help improve their trade and businesses.
Mrs Ama Benyiwa Doe, Central Re…
Africa Finance Corporation (AFC), in partnership with African Export-Import Bank (Afreximbank), has concluded its first trade finance deal for the acquisition of an aircraft for Arik Air Limited.
The aircraft will augment Arik Air …
The Worawora-Asubonten Rural Bank Limited has maintained its position throughout the 2008 fiscal year as the best managed rural and community bank in the country, Mr Seth Wilson Antwi, Chairman of the Bank's Board of Directors has announce…
The Wa Community Credit Union in collaboration with two non-governmental organizations (NGOs), SPPEED GHANA and Freedom from hunger, has supported 47 small scale enterprises with a total of, GHC80,905.00.
The groups, mainly women fa…
The Timber Industry currently accounts for about 4 per cent of the Gross Domestic Product (GDP) and 11 per cent of national export revenue, with average revenue from the sector stabilized at about 212 million dollars over the past five yea…
Representatives of developing countries had their turn on the world stage to plea for help on Wednesday at the opening of the UN Conference on the World Financial and Economic Crisis and Its Impact on Development.
Nearly all speake…
The Board of the Credit Union of the Savannah Agriculture Workers, has introduced a loan protection scheme to protect its members against losses and difficulties or in the event of death or permanent disabilities.
Known as Loan Prote…
The United Nations Conference on Trade and Development (UNCTAD) 2009, has noted that Regional integration is essential for the sustainable development of Africa, especially in the wake of the current global crisis.
The report, titled…
The Wa Municipal Assembly (WMA) has for the first time in several years exceeded its revenue target by 16.7 per cent last year when it realized 196,338.23 Ghana cedis as against 168,206.00 Ghana cedis set for the year.
The Assembly a…
The World Bank is willing to improve its governance structure and to better help developing countries, Managing Director of the World Bank Ngozi Okonjo-Iweala said on Wednesday.
Speaking at a UN conference on how international financ…
The global financial crisis is expected to top the agenda of the upcoming G8 summit as the crisis has directly threatened the political survival of leaders of the main industrialized countries, an expert said.
"I expect the financial…
Mr Mark Woyongo, Upper East Regional Minister has called on West African countries especially Ghana's neighbours to take a cue from the economic crunch that had affected many developed countries and promote intra regional trade as a way of…
Gambia on Wednesday called for the equity of developing countries in international financial decision-making and regulation.
Speaking at the high-level UN conference on the world financial crisis, Gambian Vice President and Minister…
It still remains a focus for the media and financial analysts to cover and illustrate the latest economic performances of the world's crisis-ridden developed nations.
At the same time, however, the economic data of the world's develo…
Ethiopia as well as four other east African countries are projected to maintain moderately robust growth in 2009 and 2010, said a report of the United Nations on Wednesday.
The 2009 African Economic Outlook, co-produced by the Unite…
Visiting Chinese Vice Premier Li Keqiang said in Ashgabat on Wednesday that the joint natural gas projects between China and Turkmenistan serve the fundamental and long-term interest of both peoples.
Li made the remarks during a vide…
Zimbabwe's Vice President Joice Mujuru on Wednesday urged the international community to provide "a financial stimulus package" to help Zimbabwe to mitigate and offset the economic and financial crisis.
Vice President Mujuru made the…
The news is not pleasant to the ears but that is the reality and the earlier Ghanaians braced themselves up for the situation the better it would be for all.
The latest report by the World Bank states among other things: "Sub-Saharan…
The United Nations is playing a pivotal role in global efforts to combat the ongoing world financial and economic crisis, especially with regards to building international consensus on its root causes and remedies, a top UN official said o…
Government on Wednesday expressed disquiet about the inactivity of some public committees appointed for specific national assignments and asked such appointees to pursue their duties with dynamism for the attainment of socio-economic devel…
The International Labour Organization (ILO) on Wednesday urged the government to adopt a scientific approach to deal with the congestion and decongestion of major cities.
"Years of congestion of our cities cannot all together be attr…
Leaders of the Economic Community of West African States (ECOWAS) have decided to extend the December 2009 deadline for the launching of the West Africa Monetary Zone (WAMZ) to 2015, to facilitate the achievement of the convergence and ins…
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