Minister of Trade and Industry Ms. Hannah Tetteh, has urged Metropolitan, Municipal and District Assemblies to go into Public-Private-Partnership ventures to acquire the needed investment to build modern market facilities in their communit…
Mr. Yakubu Duogu, Wa Municipal Chief Executive (MCE) has called on financial institutions operating in the Upper West Region to reduce lending rates to encourage people to go in for loans to either start or develop their businesses.
…
The following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi, as issued by the Ghana Association of Bankers on Monday, January 31, 2010.
GHANA CEDI EQUIVALENT…
Government has initiated a District Development Facility (DDF) as part of efforts to improve the performance of the Metropolitan, Municipal and District Assemblies (MMDAs) to ensure efficiency, transparency and accountability.
The pr…
Ms Hannah Tetteh, Minister of Trade and Industry (MOTI) on Friday reiterated government’s support and participation at regional, bilateral and multilateral trade levels to ensure that Ghana’s interests are secured for the development of t…
The Ghana Oil Company Limited (GOIL) on Friday discredited the perception that a fully deregulated petroleum sector will lead to price hikes and manipulation by the oil marketing companies.
“A deregulated regime on the contrary will …
The following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi, as issued by the Ghana Association of Bankers on Thursday, January 28, 2010.
GHANA CEDI EQUIVALEN…
The President of the Greater Accra and Eastern Regional branch of the Seed Producers Association of Ghana (SEEDPAG), Mr Mackeon Frimpong, has called on members of the association to invest in equipment to help improve upon the quality of s…
President John Evans Atta Mills, will today, be the Special Guest at the ground-breaking ceremony to start the construction of 30,000 housing units for Ghana’s security services.
The ceremony, which will take place at the Ghana Polic…
About 15,000 Senior High School (SHS) students have been enrolled onto the e-zwich platform by the Ghana Interbank Payment and Settlement Systems (GhIPSS) as part of efforts to get more people to use the biometric card.
The exercise,…
Ghana realized Euro 10,042,257 from the export of 30,168 cubic metres of wood products in December 2010.
This was contained in a report on export of wood products for December 2010 released by the Timber Industry Development Division …
The Chinese Ambassador to Ghana Mr Gong Jianzhong has stressed the need for Ghanaians and Chinese to work hard to actualise the various projects for which the Presidents of the two countries have signed agreements.
Mr Gong, who was s…
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, climbed for the fourth straight session in a row, up by 20.71 points to close at 1,044.90 points from 1,024.19 points.
The year-to-da…
The Ghana Statistical Service (GSS) on Wednesday announced an increase in the Producer Price Inflation (PPI) for December 2010, to 17.98 per cent, compared to 15.96 per cent in November.
On specific industry basis, the mining and qua…
Major General Carl Modey, Commissioner of the Customs Division of the Ghana Revenue Authority, on Wednesday called for more innovative ways of clearing people’s goods from the country’s ports and harbours instead of auctioning them.
…
The following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi, as issued by the Ghana Association of Bankers on Wednesday, January 26, 2010.
GHANA CEDI EQUIVALENT O…
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, climbed for the third session in a row, up 1.84 points to close at 1,024.19 points from 1,022.35 points.
The year-to-date now stands …
Fishermen and fishmongers in Apam have commended the government for not increasing the prices of pre-mix fuel and kerosene.
The Assistant Chief Fisherman at Apam, Opanyin Kow Nduamon, while praising the government for not increasing t…
The Ghana Interbank Payment and Settlement System (GhIPSS) plans to introduce a National Switch and Direct Debit system in 2011 to help to improve the country’s payment system.
Speaking in an interview with journalists in Accra on S…
Togbe Afede XIV, President of the Volta Regional House of Chiefs, has challenged the Chinese Government to explore investment opportunities in the Region, describing the Volta Basin as a “treasure-trove of various important minerals”.
…
The UK government is to give Ghana 36 million pounds of UKaid from the Department for International Development (DFID) to support the country’s budget.
A statement issued by the British High Commission in Accra on Monday said the mon…
Tullow Oil, producers of Ghana’s crude oil at the Jubilee field and Vitol, marketers of the product on Monday reacted to what they described as incorrect media coverage relating to the value of the crude.
A joint statement signed by …
Former President John Agyekum Kufuor would leave Accra on Monday for a two-day visit to Lagos, Nigeria, to deliver the keynote address at the launch of the Tony Elumelu Foundation.
A statement issued by Mr Frank Agyekum, Spokesperson…
India is likely to impose anti-dumping duty of up to USD 94.96 per tonne on acetone imports from Japan and Thailand to protect domestic industry.
The Directorate General of Anti-Dumping and Allied Duties (DGAD), a nodal investigatio…
Seeking to check fraudulent practices in the filing of accounts, the Institute of Chartered Accountants of India (ICAI) has decided to introduce Unique Code Numbers (UCD) from next month.
The venture, being launched with the support…
One more hydropower plant, the Tarpein-1, has been put into service in Myanmar's northernmost Kachin state, adding to the country's electricity generating capacity, the official daily New Light of Myanmar reported Monday.
The Tarpein-1…
Indonesia's state-owned port company Pelindo III will develop Bali provincial port of Benoa to cope with international standard, a top executive said here on Monday.
Jarwo Suryanto, president director of Pelindo III, told a parliamenta…
Australian Federal Treasurer Wayne Swan said on Monday that it's too early to quantify the impact of disastrous floods on the nation's economy.
Describing the floods as "in economic terms, the biggest natural disaster in our history", …
The Malaysian central bank is not expected to increase the interest rate significantly within 2011, despite rising inflationary pressure in the country.
Zakariah Abdul Rashid, executive director of the Malaysian Institute of Economic R…
South Korea's top 30 business groups plan to raise their investments in 2011 to record high, a local industry lobby group said on Monday.
The nation's top 30 conglomerates are planning to expand this year's investments by 12.2 percent …
Vietnamese Ministry of Finance and Japan International Cooperation Agency (JICA) signed here Monday three agreements on Japan's providing official development assistance (ODA) for Vietnam in the first period of the fiscal year 2011.
Th…
Indonesia was to host East Asian World Economic Forum on June 12 to 13, 2011 in Jakarta, a media reported here Saturday.
Trade Minister MAri Elka PAngestu quoted by the Jakarta Post as saying that Indonesia had been officially chosen t…
Mauritius and Turkey this week concluded the fifth round of negotiations on a free trade accord, the Indian Ocean island country' Foreign Ministry said on Friday.
The terms of the accord signed by the two countries provide that Turkey …
India's foreign exchange (forex) reserves increased by 3.4 billion U.S. dollars to 297.41 billion U. S. dollars for the week ended Jan. 14, reported the Indo-Asian News Service Saturday.
This took place on the back of rise in the value…
China's economic growth is expected to maintain its relatively fast growth as the nation will be able to keep inflation manageable, a leading government think tank said Saturday.
Experts with the Chinese Academy of Sciences (CAS) forec…
South Korean companies plan to invest a record US$7.8 billion in overseas crude and natural gas development projects in 2011 to help raise the country's energy self-sufficiency level, a government survey showed Sunday.
The total repres…
South Korea is expected to become the world's seventh-largest economy in 2032 if it continues to propel its growth engines, the country's top financial regulator has said.
"In 2020, South Korea is likely to become the world's 10th-larg…
The Portuguese central bank forecast Friday that the country's gross domestic product (GDP) would retract 1.3 percent in 2011.
If the forecast proves to be real, it would mean that the Portuguese economy would have the same size it had…
Unemployment in Latin America and the Caribbean region fell by 0.6 percent to 7.5 percent in 2010, according to a joint report issued Friday by the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labor…
Indonesia hopes for increasing investment from China in 2011, as the number in 2010 was in line with expectation, an official said here on Sunday.
Head of Investment Coordinating Board Gita Wirjawan told reporters that following the im…
Two women, were on Friday, convicted to a total fine of GHC 240 by the Kade District Magistrates’ Court for keeping their surroundings untidy.
Comfort Akom, a food vender and Adwoa Ataa, a trader, pleaded guilty, and were in addition…
Daniel Mensah, 48, an official of a cocoa purchasing company, was on Friday, arraigned before the Asamankese Circuit Court, charged with stealing GH¢32,590.23, belonging to his employer.
The amount represented the cost of 159 bags of…
The Association of Oil Marketing Companies (AOMCs) on Saturday named 40 accredited oil marketing companies in good standing for business in 2011.
The companies are” Agapet Oil, Allied Oil, Anasset Oil, AP Oil & Gas, Bano Oil, Capston…
GESRO Cooperative Credit Union, recorded a profit of GNC100,606.04 in 2010, as against GHC68,868.01 in 2009.
Mr Kusi Boachie Yiadom, Chief Executive Officer of the union, announced at the Annual General Meeting of the union at Takora…
Mr. John Awuni, Corporate Affairs Director of Finatrade Group of Companies, a leading rice importer on Thursday lauded the Ghana Revenue Authority (GRA) for recently slapping 200 per cent tax penalty on rice smugglers.
We at Finatrade gro…
The Ghana Hotels Association, has appealed to Government to as matter of urgency reconsider its decision on the withdrawal of tax concession on the hotel industry.
The National President of the Association, Mr Herbert Acquaye, made th…
The winning numbers of the Fortune Thursday lotto draw, held in Accra were, 15-68-14-13 and 42, according to a bulletin of the National Lottery Authority.
The Takoradi Local Office of the Support Service Division of the Ghana Revenue Agency (GRA), formerly known as VAT Service, has announced plans to commerce strict enforcement of its regulations.
The exercise would focus on auditing a…
Traditional fishermen in coastal hamlets in south Indian state Kerala have come up with demand that fishing vessels with Chinese engines should be banned in Indian waters.
They said fishing activity by boats using high horse-power Ch…
A senior Kenyan official said on Tuesday a solution to the perennial food insecurity in the East African region lies in infusing innovations in science and technology into agriculture, fish farming, livestock and dairy production to enhanc…
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