Scientists are calling for urgent action to contain the spread of a pest that is destroying maize crops and spreading rapidly across Africa. Researchers tracking a crop-destroying caterpillar known as the fall armyworm say it is now spread…
Mr. Kelvin Doe, a 20 year old Sierra Leonean Innovator, has stated that African youth must employ unwavering resolve, focus and determination to realise great results of their innovative ideas. He made the statement in an interaction with …
Smart timely deployment of innovative auction technology provides a transparent, accurate and credible solution for these African banks
The first two live foreign exchange auctions between the Bank of Ghana and Ghanaian commercial banks…
A Financial Stability Council (FSC) is to be established to assess the vulnerabilities affecting the performance of the financial industry in the country.
The Minister of Finance, Ken Ofori-Atta who announced this when he presented the …
Alhaji Issah Martey, a businessman, has commended President Nana Addo Dankwa Akufo-Addo for making pro-poor policies a strong pillar of his national economic development agenda.
“I am particularly amazed to see a conservative President …
Microsoft is set to unveil some key solutions to drive digital transformation in Africa’s public sector at a two-day conference in Kenya.The conference would address Microsoft’s mission to empower sectors like agriculture, health, justice,…
Discussants on the weekly motivational talk show, The Springboard, Your Virtual University, on Joy FM, have described as worrying the country’s slower pace of development in the last 60 years of attaining independence.
They explained th…
Daniel Ananey-Obiri, a graduate from the University of Ghana, is the proud recipient of the Accra Brewery Limited prize for Best Student in Food Process Engineering award for the 2015/2016 academic year.
Mr Ananey-Obiri received a new…
The Association of Customs House Agents Ghana (ACHAG), has been established in Ghana to be the authority in the freight forwarding industry in the country, to achieve local, regional and international recognition.
It is also expected to…
Managers of the Sewage Systems Ghana Limited, a subsidiary of the Jospong Group, have expressed the desire of the group to replicate its Faecal Treatment Plant in Accra across all the regional capitals in the next five years.
The nation…
More than $1 trillion is pumped around the world in foreign direct investment each year, a country's share of which is sometimes thought to signify its value and potential to the world.
Investors are drawn to what they don't have. The t…
Oil giants Royal Dutch Shell RDS.A and Eni SpA E recently faced criminal charges from Nigeria’s anti-graft agency over the $1.1 billion acquisition of Africa’s richest oil blocs in 2011.
The court filing alleges that the companies paid …
The Ghana Investment Promotion Centre (GIPC) plans to attract GH¢5 billion in Foreign Direct Investments (FDIs) in 2017.
This, it intends to do by embarking on an aggressive local and foreign investment campaign which will see big indus…
The U.S. trade deficit jumped to a near five-year high in January as rising oil prices helped to push up the import bill, pointing to slower economic growth in the first quarter and posing a challenge for the Trump administration.
Presi…
Ideal Finance Limited, a flagship brand of Groupe Ideal has donated a sum of hundred thousand Ghana cedis (GHC 100,000) in support of the Ghana at 60 anniversary celebration.
The cheque was presented by Ekow Blankson, Groupe Ideal’s Co…
The 17.5 per cent special tax introduced on certain petroleum products by the previous government in 2014 is to be reviewed to 15 per cent in 2017. The revision of the Special Petroleum Tax (SPT), is part of a number of taxes earmarked to …
Sometime in 2007, I approached a multinational firm in the bid to prospect for insurance business from them. In my initial interaction with the officers in charge of insurance for the firm, I was told that they would do business with my in…
Brazil has been in recession for two years, the latest figures show, marking the deepest economic decline since records began.
The economy contracted by 3.6% in 2016, meaning it is now 8% smaller than it was in December 2014.
The cou…
The government is expected to taste its first major demonstration from a workers’ union as members of the Textile, Garment and Leather Workers’ Union (TEGLEU) hints of hitting the streets on Thursday, March 9 to draw attention to what it i…
The merger between the third and fourth biggest telecom companies in Ghana, Airtel and tiGO is expected to lead to greater industry development, better quality of service through continued investments in the sector, and introduction of mor…
Madam Bless Neriah, Volta and Eastern Regional Chairperson of the Association of Ghana Industries (AGI) has described the tax cut in this year’s budget as a “dream come true.”
“This is a dream come true. We can’t express our joy and I t…
Ghana has for the first time since 2011 recorded a balance of payment (BoP) surplus of $247 million, compared to a deficit of $129 million in 2015, the Minister of Finance, Mr Ken Ofori-Atta has said.
That, he said, was attributed …
An international finance company, Nationwide Finance, has set aside US$500 million to be used to support the government and private companies to expand and contribute towards the rebound in total economic output to be measured by gross dom…
The maiden edition of the Ghana Manufacturing Awards will recognise achievements from local and international manufacturing companies and reward those that played a defining role in moving the sector forward.
The event, scheduled for Fr…
As part of efforts to offer its customers highly interactive and a more satisfying experience, telecom service provider, Tigo, has opened a new Customer Experience Centre at the Osu Oxford Street mall.
Chief Commercial Officer for Tigo,…
Emiritus Most Reverend Francis A. K. Lodonu, former Bishop of the Ho Diocese of the Catholic Church has challenged President Nana Addo Dankwa Akufo-Addo to use his "One District, One Factory" policy to attain economical independence for th…
The Golden Jubilee Terminal at the Tema Port in 2016, recorded a 59 per cent increase in the number of transit trade it handled during the year.
A total of 44,000 Twenty-Foot Equivalent Unit (TEUs) were handled showing a 59 per cent inc…
The Royal Bank Limited has signaled its readiness to support the promotion of science and technology education through cash and other incentive packages.
This would come under a three-year agreement signed with the College of Humanities…
Switzerland imported over $2 billion worth of gold from Ghana in 2016 alone for conversion to finished products for the world market. This shows an overwhelming increase of about $90 million dollars over the 2015 figure of $1 billion.
T…
Quantum Power, a Pan-African energy infrastructure investment platform, has the cut sod for the construction of a Liquefied Natural Gas (LNG) terminal in Tema.
The project is a Public Private Partnership (PPP) between Quantum Power and …
The Department of Banking & Finance at Cape Coast Technical University, will launch a programme on Finance & Investment Banking under the School of Business.
The programme, which is a collaborative educational project between Bastiat In…
The parlous story of African economic and social development since independence best expressed in the failure to achieve the autonomous capacity for self-actuated development and in particular to create conditions of national and continent…
The Foundation handed over to the hospital management a renovated maternity ward, two ultra-modern maternity laboratories, upgraded water supply system Eclampsia ward, theatre and improved sanitary environment befitting of a specialist hos…
Airtel Ghana’s Wo Mmer? Nie promo has rewarded more than 1.2M customers three weeks into the biggest and most rewarding recharge promo in the country.
Customers receive instant rewards such as airtime, data bundles and smartphones any…
The European Union (EU) is supporting the Government of Ghana (GoG) with 160 million euros to boost agriculture in the Savannah Accelerated Development Authority (SADA) Zone Six.
The project which is still at its formulation stages woul…
Canadian businesses in Ghana have been urged to expand their scope of investments beyond mining to other critical sectors of the Ghanaian economy such as Agri-business, and tourism.
The Minister for Business Development, Ibrahim Mohamme…
According to the BoG, the new currency will be legal tender as well as a collector’s item and will be used alongside the existing GH?5 note. However, it must be noted that the new note is also smaller than existing one.
On the face of t…
The Ghana Oil Company Limited (GOIL) the foremost indigenous Oil Marketing Company has appointed Nana Ama Kusi-Appuoh as a Solicitor Secretary effective January 2017.
She joined GOIL in March 2016 as the Legal Affairs Manager and became…
Government will continue to increase the installed generation capacity of the country to meet the growing demand for electricity. A total of 1227MW of installed capacity is scheduled to be added include: 370MW AKSA project, 107MW GPGC proj…
Mr. Ken Ofori-Atta, Minister of Finance on Thursday assured Ghanaians that the government’s pledged of “one district one factory,” policy would ensure an even spatial spread of industries in the country.
Presenting President Nana A…
Scores of traders and head porters, commonly referred to as ‘Kayayei’, in Accra yesterday expressed gratitude to the Nana Akufo-Addo-led government for fulfilling his promise of removing taxes, which they said, were stifling the growth of …
Mr Phillip Osei-Hwere, Co-founder and Director of EMH Global, says the company is poised to draw on it expertise and experience gained internationally to tell the stories of Ghana and its businesses.
Speaking at the re-launch of EMH Glo…
The Ghana cedi remained relatively stable against the major trading currencies in the currency market, on account of tighter monetary policy and improved foreign exchange inflows for the period of 2016, Mr Ken Ofori-Atta, Minister of Finan…
Mr Ken Ofori-Atta, the Finance Minister, said government would launch the planting of food and jobs campaign this year to encourage citizens to take up farming as a full or part time activity.
Rolling out agricultural plans from the 201…
The Royal Bank has launched the ‘The Royal Banking and Finance Challenge 2017’ for universities in Ghana to educate students on financial literacy and provide a platform for their contribution to grow the financial service sector.
Parti…
Silver Star Auto Limited (SSAL), has marked the one-year anniversary of its Suzuki dealership with the opening of a new branch on the Graphic Road in Accra.
The company also used the occasion to launch two new Suzuki models; the Baleno …
Mr Ibrahim Mohammed Awal, the Minister for Business Development has called on the private sector to support government to develop the talents of the youth.He said out of more than 70, 000 graduates that come out of school every year more t…
Mr Ken Ofori-Atta, Minister of Finance, on Thursday indicated that the global economy is expected to witness some improvement in growth in 2017 in the medium term after a lackluster performance in 2016.
He said the January 2017 update o…
All the sub-sectors in the agriculture sector, recorded positive growth rates for the year 2016, Mr Ken Ofori-Atta, Finance Minister announced on Thursday. He said the Services Sector also continued to dominate the sectors with a share of …
Mr Ken Ofori-Atta,the Minister of Finance, on Thursday said the total public debt stock as at the end of 2016 stood at 73.3 percent of Gross Domestic Product (GDP) up from 71.63 percent in 2015.
That, he said, was due to the larger tha…
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