The rate of inflation for November stands at 9.3 per cent up from 9.2 recorded in October, the Ghana Statistical Service (GSS) announced on Wednesday.
Speaking at a press conference, Dr Philomena Nyarko, Acting Government Statistician, sa…
100 subscribers of Glo Mobile Ghana have secured free tickets to attend the 2012 edition of the prestigious Glo-CAF African Footballer of the Year Awards ceremony, to be held in Accra on December 20 2012.
The African communications giant,…
The Ghana Shippers Authority (GSA) has been awarded the prestigious International Quality Crown Award, in the Gold category, by the Business Initiative Directions (B.I.D) currently the most important private organization in the world prese…
Emirates Airlines says it would introduce a Boeing 777-300ER on its Accra-Dubai route effective January 01, 2013, a year after it upgraded to the Airbus A340-500 in February 2012.
To meet growing demand, the upgraded aircraft will offer …
Mr. Kofi Asamoah, Secretary-General of the Ghana Trades Union Congress, has congratulated the Fair Wages and Salaries Commission for the successful implementation of the Single Spine Pay Policy.
"The Commission has proven capable to the t…
The ARB Apex Bank Limited in collaboration with the Danish International Development Agency (DANIDA), has established a new project to assist Rural and Community Banks (RCBs) in various ways.
The fund is to enable RCBs to finance acti…
Energy Bank says it plans to increase its branch network and Automatic Teller Machines (ATMs) to 60 countrywide by the end of 2012, in order to provide reliable products and services to its clients in all the 10 regions.
"The bank seeks t…
The Discovery Industries, an auto mechanic and metal fabrication industry in Tamale to produce mechanical equipment for local use and for export, has started production.
The company will fabricate oil and gas tanks and pipes, hospital be…
President John Dramani Mahama has given the assurance that government would revamp all the defunct state industries to revive business and make Tema the famous industrial city in Africa more vibrant than before.
He said apart from that, g…
Four Ghanaian entrepreneurs have been honoured in the Emerging Category of the Ernst & Young Entrepreneur of the Year Awards, West Africa 2012, held in Nigeria recently.
The awardees are Mr Frank Adu, Managing Director of CAL Bank, Ms Ade…
Banks operating in Ghana have been urged to step up their efforts in the fight against money laundering and terrorism financing to avert the country being blacklisted again.
Speaking at the opening of the Westland branch of the Standard C…
Mr Bennett Owusu- Twumasi, ARB APEX Bank Head of Professional Development and Training, has observed that mergers remained the solution to keep many Rural and Community Banks (RCBs) in business.
He said this is the way out for the RCBs to…
President John Dramani Mahama has said the Local Enterprises and Skills Development Progamme (LESDEP) and the Youth Enterprises and Skills Development center (YESDEC), a module model under the youth employment programme, would be expanded …
The Ghana Commercial Bank (GCB) on Thursday presented four separate cheques amounting to GHc3.3 million to three institutions and an individual as part of the bank's community support initiative.
The institutions were the University of En…
Standard Bank, the parent company of Stanbic Bank Ghana, and Caterpillar Financial Services on Thursday sealed a landmark deal that will allow Stanbic to provide a range of financial services to Ghanaian customers.
The partnership will al…
A human rights and mining advocacy organisation has advocated the formulation of a policy to regulate mining operations in the country.
Mrs Hannah Owusu-Koranteng, Associate Executive Director of WACAM, said the policy should take into co…
Bharti Airtel Limited, a leading mobile operator in India is to takeover Zain operations in Africa soon.
The Board of Directors of Mobil Telecommunications Company KSC, 'Zain', will soon sign the deal with the Indian company but which wou…
Ghana would risk losing her international investors to Cote d'Ivoire, Benin, Mali, Burkina Faso among others if the current tariff structure was not changed, Food and Beverages Association of Ghana (FABAG) research has revealed.
"Currentl…
The Nandom Rural Bank has witnessed a significant growth in its total assets from GH¢4,253,768.00 in 2010 to GH¢7,243,236.00 in 2011, representing 70.28%.
Mr. Peter Kuukyame Latuo, Chairman of the Bank’s Board of Directors announced t…
Fourteen Ghanaians are to participate in strategic communication for development and advocacy training at the Eastern and Southern African Management Institute (ESAMI), Arusha, Tanzania from the November 25 to December 7, 2012.
The traini…
A nation with a reliable statistical base develops faster than others, Dr Louis Munyakasi, Head of Mathematics and Statistics Department of Kumasi Polytechnic has stated. He said in that fast developing country, development programmes and …
The Ghana chapter of the Association of Certified Chartered Economists (ACCE) on Saturday held its maiden induction ceremony and professional development seminar in Accra.
In all, 31 students including a fellow were inducted at a colourfu…
Samsung Electronics West Africa has been recognised by the Association of Ghana Industries and the Ghana Chamber of Commerce for investments made in communities and for corporate social responsibility activities it implemented in 2011 and …
The Education Minister Mr Lee Ocran has reiterated government's commitment to pursue education development as the core of its development strategy towards poverty alleviation and improvement in living condition.
He said the strategic dire…
Mr Enoch Teye Mensah, Minister for Water Resources, Work and Housing on Friday cut the sod for the construction 5,000 housing units christened Nyame Dua Estates at Kpone near Tema under the Mass Housing Project.
Mr Mensah said Sethi Realt…
r Enoch Teye Mensah, Minister for Water Resources, Work and Housing, has said the Real Estate Agency Bill is now ready and currently before the Attorney General’s Department for the final review.
Mr Mensah announced this on Friday durin…
A three-day workshop organised by CARE International, an implementing partner of Cadbury Cocoa Partnership (CCP) has ended in Sunyani.
It was attended by 52 participants from stakeholder bodies in three cocoa growing districts of Asunafo …
ARB Apex Bank Limited made significant gains in the 2011 financial year, recording a profit before tax of GH¢4.021 million, which represents a 15 per cent increase over the 2010 figure of GH¢1,595 million.
Mr Nathaniel Arthur, Board Cha…
Purchasing clerks and cocoa farmers, who supplied cocoa to Akroso District ‘B’ of Transroyal Limited in the Eastern Region, besieged the district office on Thursday to demand payment of the second tranche of 2010/11 farmers' bonus.
As…
Nokia, mobile phone manufacturer, on Thursday unveiled her Windows Phone 8 devices, Nokia Lumia 920 and the Nokia Lumia 820 smartphones at a short ceremony in Accra.
The launch was in collaboration with Microsoft and MTN, a telecommunicat…
Vodafone has replicated in Ghana its world class standard retail store along the High Street of Accra to deliver enhanced customer experience meeting every client need on its network.
"This is the same in terms of Vodafone's global retail…
Mr Samuel A. Bawa, Eastern Regional Coordinating Director, has commended Municipal and District Assemblies in the area for the timely submission of monthly trial balance.
He noted that this was an improvement upon performance of the assem…
Techno Ghana Limited (TGL) on Thursday launched an N3 android 2.3 smart phone at a ceremony organised in Accra.
The dual SIM phone is equipped with a 3.5 capacity touch screen, a camera and video, 800MHz processor and memory of 512MM ROM.…
The Commission of Inquiry established by the President to enquire into judgment debt payments and other related matters will start sitting on Wednesday November, 28.
The public sittings will take place at the conference room of the Old Pa…
Nana Addo Dankwa Akufo Addo, New Patriotic Party (NPP) Presidential Candidate, has said revenue accrued from oil would be used to fund the proposed "Free Senior High School," when elected to form the next government.
Responding to a…
Mr Hassan Ayariga, Presidential Candidate of the Peoples National Convention (PNC) on Wednesday said a government under his leadership would review the existing fishing laws to bring dynamism into the fishing industry.
"A PNC government…
Soroma Capital Limited, a real estate investment and development group, has cut the sod for work to begin on a five star luxury hotel in the Ahanta West District of the Western Region.
The 150-room hotel, which will include a recyclin…
The Ghana Interbank Payment and Settlement System (GhIPSS) on Wednesday launched the 'gh-link', an interbank switching and processing system that would enable Ghanaian banks to share each other's Automated Teller Machines (ATM).
The gh-l…
Avaya, a global provider of business collaboration and communications solutions, on Thursday announced its entry in the Ghanaian market with a promise to offer quality services, at an event organized to outdoor the group.
By the launc…
A new World Bank report on global migration and remittances says remittance flows to the developing world are expected to exceed earlier estimates and total 406 billion dollars this year, an increase of 6.5 per cent over the previous year.…
Finatrade Foundation, a subsidiary of the Finatrade Group of Companies has released a total of GH¢ 20,000.00 as bursary to brilliant, but needy Agricultural students in four public Universities.
Forty students are currently benefitting f…
The National Pension Regulatory Authority (NPRA) on Tuesday fixed November 20 - December 3 for collection of provisional statements on workers' five per cent contributions to the mandatory contributions to second tier occupational pension …
Mr Victor Smith, the Eastern Regional Minister, has noted with concern that the fight against illegal mining, was not making a headway, because those involved regarded the activity as their means of survival.
He said despite massive destr…
The Chartered Institute of Bankers (CIB) has commended the Bank of Ghana, its Financial Intelligence Unit and the Ministry of Finance and Economic Planning for working to get Ghana off the blacklist of countries thought to have inefficient…
An official of the Institute of Local Government Studies has appealed to Metropolitan, Municipal and District Assemblies (MMDAs) to step up their efforts to increase their Internally Generated Funds (IGF).
The Head of Environmental Scienc…
The Chairman of the Board of Directors of Kwamanman Rural Bank, Mr Joseph Ofori-Amanfo, has pleaded with the shareholders to increase their shareholding to enable it to meet the capital adequacy ratio.
He said they needed to pull together…
The Offinso Municipal Health Directorate recorded a total of 1,600 teenage pregnancies last year, a figure described as disturbingly high.
Ms Beatrice Acquah, Municipal Health Director, said their ages ranged between 10 and 19 years.…
Two cocoa growing communities in the Eastern Region have received a mechanized borehole, electricity generating play ground and 40 pieces of customized chargeable solar lanterns.
The Electricity-Generating Play Ground produces electri…
Captain Anthony Cudjoe (Rtd), Sekondi-Takoradi Metropolitan Chief Executive, on Friday called on the youth to endeavour to acquire skills relevant to the country's development for the Better Ghana Agenda to become a reality.
He made the c…