The Crop Research Institute (CRI) of the Centre for Scientific and Industrial Research (CSIR) is test-planting Ghana's first locally bred rice varieties at Dzamlome in the Kadjebi District of the Volta Region.
Three market-quality uplan…
The Minister of Business Development, Honourable Ibrahim Awal has today reiterated government’s commitment in making Ghana a business hub through a number of strategies that will also improve the country’s economy.
He stated that govern…
The Lower Pra Rural Bank has increased its total deposit from GH¢56 million in 2015 to GH¢64 million in 2016 representing an increase of 14.3 per cent. The total assets of the bank also increased from GH¢65.95million in 2015 to GH¢76.8 mil…
Management of GhanaVeg Programme which seeks to improve and sustain vegetable productivity in Ghana, an initiative supported by the Netherlands Embassy, has rewarded seven agro-based companies in the “GhanaVeg Awards” in Accra.
The awar…
The Western Regional Executive Council of the Civil and Local Government Staff Association, Ghana (CLOSAG) has expressed disappointment at the undue delay of the payment of their interim market premium.
Mr Kwame Tawiah, the Western Regi…
The UK-Ghana Chamber of Commerce (UKGCC) in partnership with Developing Markets Association will be hosting the first UK-Ghana Trade & Investment Forum of 2017 as part of activities to further strengthen the business bond between Ghana and…
BEIGE, the financial services provider, wishes to announce to the general public that its subsidiary, BEIGE Capital Savings and Loans (BCSL) has secured final approval to operate as a Universal Bank. This final license follows BCSL’s satis…
A renowned international investment banker, Dr Samuel Ankrah, has described the government’s $2.5 billion bond deal as a positive step that fits into the government’s debt management strategy.
As a result, he has called for a halt to di…
The Public Interest and Accountability Committee (PIAC) has repeated its call on the government to use oil revenues on fewer projects, especially in the road sector, to ensure timely completion of the projects.
According to PIAC, which …
Puma Energy, an oil marketing company, has reposed confidence in the economy after pledging to almost double its fuel retail outlets from the existing 60 to 100 by close of the year.
The doubling of the fuel stations is part of an aggre…
The Environmental Protection Agency (EPA) is making a strong case to introduce higher taxes on imported used cars while taxes on new cars are drastically reduced.
The move, the Head of the Environmental Quality Department of the EPA, Mr…
WAITING for one’s smartphone to find a signal after landing has become a familiar part of flying. Travellers gaze at their devices, anxious for a connection and the adrenaline rush that accompanies receiving a few hours’ worth of notific…
TRADERS are not usually a cheery lot. But they seemed more than pleased last November when Donald Trump stunned pollsters to win the presidency. Although most of his policy proposals were muddled at the time, he did express a few consist…
BIG BARRELS has arrived very late. For many like myself, who struggled with the scarcity of positive Africa-specific case studies at business school; it’s about time, too. By showcasing examples of countries where the ‘Resource Curse’ is b…
British Airways cabin crew are to stage a two-week strike from 1 July, the Unite union has said, in a long-running dispute over pay and benefits.
Unite said BA had refused to accept its final offer on the issue of the "sanctioning" of s…
Africa’s development depends on its ability to understand, select, adapt, produce and commercialised scientific and technological knowledge in ways appropriate to its culture Professor Frimpong Boateng, Minister of Environment Science, Tec…
They say the best experiences are the ones we go through ourselves. I was surprised when my own banker wrongly debited my account twice for a loan re-payment I had already paid off since December 2013.
Taking the issue up, I was told no…
Mr John Peter Amewu, the Minister of Lands and Natural Resources on Thursday expressed government's commitment to institute measures to reverse the ascendancy of forest degradation to ensure sustainable cocoa production.
He said the Gov…
Mr Michael Yaw Essuman Mensah, Gomoa East Municipal Chief Executive , has assured Ghanaians that President Addo Dankwa Akufo-Addo was working towards self-sufficiency and economic independence.
He said party functionaries in particular …
As a manager, you probably wish you could give all the people on your team more attention. But sometimes certain employees seem to need more than their fair share of your time.
Maybe they repeatedly ask you to review their work, look fo…
Ghana has joined other African countries to call for a clear policy on Africa by the United States of America (USA) to set the rules of engagement between businesses and governments on both continents.
"There is no need for a policy vac…
Capital Bank has trained a number of its clients on ways to avoid risk in international trade transactions.
This is to provide them with strategies to deal with the recurring risks inherent in international trade.
The Managing Direct…
HFC Bank Ghana has donated 35,000 Ghana Cedis to four institutions in Accra.
The beneficiaries are the Ridge Church School towards their 60th Anniversary Celebrations, the National Partnership for Children’s Trust (NPCT), the SOS Child…
The Veterinary Services Directorate (VSD) of the Ministry of Food and Agricultural (MoFA) is advising poultry farmers to embark on proper farming practices to reduce production cost in the country.
The Deputy Director of the Veterinary …
The Alliance for Integrity has launched a book christened: “Ensuring Compliance-A Practical Handbook for Businesses in Ghana.” The 76-page book, which comprises 21 articles from 19 authors, and grouped in three sections, addresses common …
Crude Oil production recorded a decline of 13 per cent in 2016 despite the fact that Ghana’s second major oil production field, the Tweneboa-Enyenra-Ntomme (TEN) Field came on stream.
The TEN Field came on stream in August 2016 and actu…
SEND Ghana has begun processes to collate citizens’ inputs towards the preparation of the 2018 national budget. In this regard, the Upper West Region took its turn of the Regional Citizens’ Inputs Forum where stakeholders made inputs in th…
Chancellor Philip Hammond has said that the UK should focus on protecting jobs and the economy on the eve of Brexit talks with the European Union.
Mr Hammond said the UK "should prioritise protecting jobs, protecting economic growth and…
The Ghana National Chamber of Commerce and Industry (GNCCI) is engaging chiefs in the country to allocate lands for the government's district industrialisation programme (DIP), christened 'one-district, one-factory'.
“We have begun talk…
Mr Sulemana Alhassan, the Upper West Regional Minister, said the region has comparative advantage in cotton, sheabutter and cashew production and it is looking for investors to partner government to develop those sectors.
Government and…
Africa’s largest cargo operator, Ethiopian Airlines, has inaugurated its state of the art Cargo Terminal-II during the Second ICAO Global Air Cargo Development Forum which will be hosted by Ethiopian from June 27 to 29.
Covering a total…
Inflation for the month of May 2017 dropped marginally to 12.6 per cent as against the 13 per cent recorded in April 2017.
This is the lowest inflation rate since December 2013.
The monthly change rate in the May 2017 inflation was 0…
uniCredit emerged as a profitable institution by posting a profit before tax of GH¢13.78 million in 2016.
The institution also grew its total asset by 48.7 per cent during the year from GH¢328.4 million in 2015 to GH¢488.18 million in 2…
The State Atomic Energy Corporation in Russia, Rosatom, is to play an active role in the Patronage Programme of the World Energy Council.
The patronage programme will include the conduct of research works devoted to nuclear energy-relat…
Government has appointed Fidelity Bank and Standard Chartered Bank as Joint Lead Managers for the issuance of a long-term bond to tackle the energy sector legacy debts.
As lead managers, the two banks are expected to work closely with m…
More than $2.8 million grant has been approved by the Japan Social Development Fund (JSDF) for the commercial cultivation of vegetables in four regions in the country.
Under the grant name, Peri-urban Commercial Vegetables Value Chains …
Minister of Works and Housing, Mr. Samuel Atta Akyea, has challenged local Ghanaian contractors and businesses to develop a passion for excellence – quality job execution.
That, he said, was the way forward to make them more competitive…
An 11-Member trade Mission from the Netherlands horticulture sector are in the country to explore business and investment opportunities from June 13 to June 15.
The delegation, led by the Dutch Top sector on horticulture, is also to est…
The President of the African Development Bank (AfDB), Akinwumi Adesina, has been rated third most reputable personality on earth.This was contained in the 2017 Most Reputable People on Earth list released by South Africa-based Reputation P…
The previous publication laid emphasis on valuation models and their influential role in meaningful and productive investment decisions of governments, agencies of governments, management teams of corporate organisations and investors.
…
A Scottish Oil and Gas Trade Mission would be in Ghana from June 19 to 23 to explore investment opportunities.
A statement issued by the British High Commission in Accra and copied to the Ghana News Agency said the visit would provide a…
Energy Minister Boakye Agyarko says the government has decided to review the various power purchase agreements to save the country from losing $700 million annually.
Addressing the maiden Ghana Energy Summit in Accra last Tuesday, Mr Ag…
The Ashanti Regional Economic Planning Officer, Mr. Joseph Donkor, has underlined the need to strengthen data collection by the Metropolitan, Municipal and District Assemblies (MMDAs) to aid policy-making.
He indicated that availability…
Revolut, a financial technology (fintech) firm that offers foreign currency to consumers abroad at the interbank rate available on the financial markets is to expand into the business sector with claimed interest from large European corpor…
Banks get nod to process transactions without restrictions
Lifting restrictions shows improvement in FX availability
Egypt’s central bank lifted limits on foreign-exchange transfers, indicating that a dollar shortage …
Bank of America Corp (BAC.N) sees continued room to grow in international cash management, a low margin business that can lead to lots of other revenue opportunities with corporate clients, Chief Operating Officer Tom Montag said at an in…
Dr Archibald Letsa, Volta Regional Minister, has assured management and staff of Volta Star Textiles (VST) of government’s commitment to revive the company.
He said government has funds for "distressed" companies and was earnest about i…
Importers have threatened to increase prices of goods if government implements a proposed 0.02 per cent import tax. Mr Samson Awingobit Asaki, Executive Secretary of the Importers and Exporters Association, told the Ghana News Agency that…
A ten-member Board of Trustees for the Ghana Investment Fund for Electronic Communications (GIFEC) have been inaugurated and tasked to consider new areas of Information and Communication Technologies for Development (ICT4D).
The new Boa…
The annual inflation rate fell to 12.6 percent in May from the 13.0 percent recorded in April, due to general decline in prices for both the food and non-food groups.
The rate of inflation is the lowest since December 2013.
The mont…
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