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…
The International Monetary Fund raised its growth estimate for China for the second time this year while also cautioning that deep reforms are still needed to break away from debt-fueled expansion.
The world’s second-largest economy wil…
Employment reached record levels across the eurozone and the wider European Union during the first quarter.
Statistics agency Eurostat said 234.2m people were in work across the EU between January and March, of which 154.8m were in the …
A Kumasi-based artisan, Mr Robert Aryetey, has stated that artisans in Kumasi and the Ashanti Region are ready for the implementation of the government’s one-district, one-factory policy.
Mr Aryetey, who is also the Chairman of Garages …
From the early days of Naked Capitalism, we have written from time-to-time about why the “shareholder value” theory of corporate governance was made up by economists and has no legal foundation. It has also proven to be destructive in prac…
The Ghana Stock Exchange (GSE) closed in the red in the week ending June 9, making it the second consecutive decline in recent times.
The decline in the two market indices was due to currency depreciation and drops in the earnings of Un…
Puma Energy, a fast-growing energy company, has unveiled a new consumer price campaign to reward loyal customers.
Dubbed “Puma Yenkor Nkoaa” the promotion is aimed at rewarding customers of Puma Energy for their loyal support for the pa…
The growth economy suffers from a productivity paradox. Corporations compete to reduce the time and effort that goes into production processes, which is generally seen as a sign of efficiency, but in reality has a troubling outcome.
…
First Fund, a mutual fund managed by Firstbanc, is seeking to raise a minimum of GH¢150 million in Assets Under Management (AUM) in 2017.
The Managing Director of Firstbanc, Mr Amenyo Setordzie, in an interview with the GRAPHIC BUSINESS…
Two years on, and the memories of the devastating fire/floods of June 3, 2015 are beginning to fade from our minds, somehow. At the time, the dilemma of many Ghanaians regarding the capacity of our insurers to adequately honour the claims …
The Investment Executive of impact investing company GroFin, Mr Samuel Sedegah, has called on small and medium enterprises (SMEs) not to be deterred by the often-high cost of credit in the traditional banking system.
He said GroFin, whi…
The management of HFC Investment Services Limited, a subsidiary of HFC Bank, is optimistic the stock market will be bullish this year.
This, the financial investment firm explained, was as a result of a steady reduction in interest rate…
SEND-Ghana has begun the processes to collate citizens’ inputs towards the preparation of the 2018 national budget.
In this vein, the Upper West Region held its Regional Citizens’ Inputs Forum where stakeholders made inputs in various a…
Standard Chartered Bank says it is in a comfortable position to meet Bank of Ghana’s new capital requirement, irrespective of the amount.
The readiness is based on the fact that the bank had anticipated a new round of recapitalisation a…
President Nana Addo Dankwa Akufo-Addo has challenged Parliament to exercise full authority over public finances.
“I belong to the group that feels strongly that our Parliament should be able to exercise full authority over our public fi…
The President of the African Development Bank, Akinwumi Adesina, joined leaders from African countries and G20 members in Berlin on Monday to discuss opportunities to enhance the business environment and increase investment in Africa.
A…
African Infrastructure Investment Managers (AIIM), the continent’s most experienced equity investor in African infrastructure, through its AIIF3 fund, has acquired a 44 per cent stake in Albatros Energy Mali. Albatros Energy Mali will buil…
The BEIGE Group (BEIGE), the financial services provider, has announced the change of name of Unique Life Assurance Limited (U-Life) to BEIGE Assure Limited, following the successful acquisition of U-Life.
A licensed Life Assurance firm…
Ghana Post is still thriving in the Tema Metropolis despite the upsurge in the use of internet services in recent times.
Mrs Peggy Owusu Brobbey, Manager of Tema Community One Post Office, told the Ghana News Agency that even though mo…
Mr Rockson Dogbegah, the chair of the Association of Ghana Industries (AGI) Construction Sector has lauded the establishment of Construction Bank Ghana Limited, describing it as timely and strategic.
“I see the opening of the Constructi…
Mr Seidu Mahama, Suhum Municipal Best Farmer for two successive years, has called on traditional authorities to assist in educating cocoa farmers on the need to replant farms with the swollen shoot disease.
He said affected farmers woul…
The US Agency for International Development, Ghana Mission (USAID-Ghana) is providing new technologies and improved seeds to boost rice production to promote food security and incomes in Upper West Region.
The USAID five year funded “Fe…
Fall army worms have destroyed 743 hectres of maize farms and fast spreading in the Nkoranza Municipality of Brong-Ahafo Region. Mr Simon Badu-Yeboah, the Nkoranza South Municipal Coordinator of the National Disaster Management Organisat…
The (GWCL) is owed a total of GHc100 million in unpaid water bills by some public institutions in the Ashanti Region.
These include metropolitan, municipal and district assemblies, schools and other institutions.
Mr. Maxwell Addo Boa…
Mr Ivan Akutteh, the New Abirim Agriculture Director has called on government to provide storage facilities such as Improved Narrow Ventilated Crib, silos, and grain dryers to beneficiary farmers of the government’s ‘planting for food and …
The first Pan-African architecture prize, the Africa Architecture Awards, offers a $USD 10 000 prize to its Grand Prix winner!
The inaugural Africa Architecture Awards is noteworthy as the first dedicated Pan-African awards programme of…
The Civil Society Coalition on Youth Development (CSCYD) has commended the new Management of the Youth Employment Agency (YEA) for taking bold steps to rid the agency of corruption.
According to a statement issued by the Coalition, whic…
Mrs Barbara Gbologah, Country Director of the Pyxera Global implementing the Ghana Supply Chain Development Programme (GSCDP) said the programme was committed to growing Small Medium Enterprises (SMES) to perform favourably in the extract…
The Volta Regional Minister, Dr Archibald Yao Letsa, has said it is time for the nation at 60 years to start doing things in a better way to enable it to transform to an industrial economy.
He said it was long overdue for the nation to …
The downstream Oil Marketing sector picks up gradually in second quarter of the year after marginal turbulence in the first quarter, Mr Gyemfi Amanquah, Chief Operating Officer of GOENERGY Company Limited stated on Monday.
Mr Amanquah …
The Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous Oil Marketing Company (OMC) is to introduce an upgraded electronic prepaid card to assist customers reduce volume of physical cash business transaction.
The upgraded…
Ghana is to benefit from a €100 million grant under Germany’s” Compact with Africa” programme. The facility will be used to improve conditions for sustainable private sector investment, infrastructure, economic participation, and employmen…
The Exim Bank Ghana is to support the Metropolitan, Municipal and District Assemblies (MMDAs) with GH¢100,000 each to promote the export drive of the government.
The support which is expected to start in July this year will be mainly in…
Ghana—Turkey Cooperation and Development Association (TUDEC) has rewarded six prominent personalities for their roles in promoting and sustaining peace and stability in the country.
The individuals include the Catholic Archbishop of Acc…
The Nyonkopa Cocoa Buying Limited, a subsidiary of Barry Callebaut Group has embarked on a programme called “Cocoa Horizon”, to support cocoa farmers for sustainable production.
The Cocoa Horizon is a programme designed by Barry Calleba…
Kingdom Books and Stationery Limited says the fire outbreak at one of the company’s warehouses at Prampram in the Greater Accra Region on June 4, 2017 did not disrupt the company’s operations.
Officials have also indicated that no one w…
Celebrated Ghanaian entrepreneur and presidential candidate of the Progressive People’s Party (PPP), Dr Papa Kwesi Nduom, has won another international award in the United Kingdom (UK).
The business magnate was early this year recognise…
The Volta Region is set to become the hub of fresh organic vegetable production in the country as efforts are underway to coordinate the efforts of farmers to produce on a large scale to meet the demands of the local market and for exports…
The Ghana Cocoa Board (COCOBOD) has launched a national hand pollination programme targeted at increasing cocoa yield in the country.
It will employ 30,000 youth who will use their hands to pollinate cocoa trees.
The youth will in t…
Airtel Premier, Airtel Ghana’s bespoke sub brand that provides unparalleled telecom and lifestyle solutions for high value customers is taking its exceptional customer service to the doorstep of customers through service clinics across the…
Dr Nii Kotei Dzani, President of Groupe Ideal, has been adjudged the Most Influential Economist at GUBA 2017 in the UK for his outstanding contribution to the financial sector through his entrepreneurial achievements and job creation.
…
Africa’s largest airline group, Ethiopian Airlines, has won the African Aviation ‘African Airline of the Year’ Award for 2017, for the second year in a row, during the 26th Annual Air Finance Africa Conference & Exhibition held in Johannes…
Mr Evans Opoku-Bobie, the Deputy Brong-Ahafo Regional Minister, has said the Ghana Oil Company Limited (GOIL) needs more customers to be able to contribute significantly to nation building.
He said as a wholly state owned energy compan…
Mr Baah Wadieh, Acting Government Statistician has urged field officers for this year’s Ghana Maternal survey to protect the confidentiality of respondent’s information during data collection exercise.
He said protecting the confidentia…
Government is to establish a starch factory at Adidome in the Central Tongu District this year in line with its 'One District, One Factory' policy, Dr Archibald Letsa, Volta Regional Minister has said.
He said investors were already at…
The Energy Ministry is reviewing a new draft Liquified Petroleum Gas (LPG) policy to provide direction on marketing and distribution of LPG in a safe and efficient manner to enhance access nationwide.
Mr Boakye Agyarko, the Energy Minis…
MTN Ghana, in partnership with Ghana Investment Fund for Electronic Communications (GIFEC) and Ericsson, is extending mobile telephone service coverage to about 40 rural communities under a Rural Telephony Project.
Under the partnership…
Yahoo stock soared 10% after shareholders approved sale of its core internet business to Verizon amid a muted day on Wall Street.
After the deal closed, a renamed Yahoo will mainly hold a stake in Chinese e-commerce giant Alibaba, which…
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