The General Agricultural Workers Union (GAWU) of Ghana Trades Union Congress (GTUC) has integrated rice farmers from the informal sector into their fold to boost rice production, improve their livelihood and contribute meaningfully towards…
Management of Ghana Statistical Service (GSS) has offered to collaborate with authorities of tertiary institutions in the country to develop modules for training students in "Official Statistics'.
Dr Grace Bediako, Government Statist…
Management of Ghana Cocoa Board (COCOBOD) has initiated farmers' rallies and radio education programmes to combat exploitative labour practices in the cocoa sector.
Mr Paul Ntim, Economist and Senior Research Officer, Research Depart…
The GSE All-Share Index, the main measure of performance of the Exchange, ended flat on Wednesday closing at 10,733.09 points.
The change year to date remained at 62.63 per cent and there was no price change.
Traded volumes in…
Ghana Investors' Advisory Council (GIAC) has hailed the establishment and operationalisation of the international financial services centre, by the government, as key to the achievement of national developmental goals.
The coun…
President John Agyekum Kufuor on Tuesday unveiled a plaque to inaugurate a 100-million-dollar cocoa processing factory at Tema with a call on cocoa farmers to increase their production.
Management of Cargill Ghana Limited Cocoa Proce…
The government and the Saudi Fund for Development on Wednesday signed a 14 million-dollar loan agreement to assist in rehabilitating and expanding of the Bolgatanga Regional Hospital.
The project to be completed in 2012 involves the …
The Foundation for Female Photojournalists, a non-profit organization involved in advocacy to provide accessible development information to women groups, has started a programme aimed at improving efficiency of Assembly members.
The …
The GSE All-Share Index, the main measure of performance of the Exchange, fell in trading on Monday by 28.68 points under pressure from four equities to close 10,752.34 points.
The change year to date now stands at 62.92 per cent.
…
Mr. Christian Tetteh Sottie, Accountant General, on Monday, assured workers in the Public Sector, who were underpaid in October due to payroll anomalies, that the irregularities would be reversed on Friday November 7.
The anomaly tha…
Gold Fields Ltd on Monday announced the appointment
of Mr Peter Turner as the new Vice President and Head of its West African operations.
He replaces Mr Johan Botha who will be retiring at the end of this year after six years of d…
Economists and bankers have warned that the Nepali economy could soon feel the heat of global financial crisis and the country could mainly suffer in such areas as foreign investment, overseas employment, debt servicing and tourism if the …
The GSE All-Share Index, the main measure of performance of the Exchange, dipped by 7.27 points to close 10,781.02 points.
The change year to date now stands at 63.35 per cent.
On the broader market Ghana Commercial Bank (GCB…
The initial public offer of UT Financial Services, a non-bank finance institution, to raise GH¢27 million has been successful, lead managers, Databank Financial Services Limited said on Friday.
The company raised GH¢27.5 million, rep…
Revenue agencies will exceed the projected target for this year, Mr Harry Owusu, Executive Secretary of the Revenue Agencies Governing Board, said on Thursday.
Government has projected a revenue of GH¢3,543.42 million for 2008.
…
Ghana's dream since the First Republic of developing an integrated aluminium industry is soon to become reality with a US$4 billion investment by Brazil and Norway.
President John Agyekum Kufuor, who dropped the hint, said discussion…
All Rural and Community Banks in the country would participate in foreign cash remittance business soon in partnership with the Western Union Money Transfer.
This arrangement is expected to relieve rural dwellers who travelled to tow…
Barclays Bank Ghana on Saturday embarked on a clean-up and painting exercise in three health and educational institutions in Accra to commemorate the 13th " Make a Difference Day" (MADD) celebration.
The occasion is celebrated in all…
All Rural and Community Banks (RCB) in the country are to enter the foreign remittance business by the close of the year in partnership with the Western Union Money Transfer.
This arrangement is expected to bring a big relief to peop…
The Association of Ghana Industries (AGI) is to
develop a policy document to promote the growth of Small and Medium-size Enterprises in the country.
To be known as the "AGI SME Agenda 2008," the policy document will present practica…
Dr. K. Y. Amoako, an economist and former Executive Secretary of the Economic Commission for Africa (ECA), has underscored the need for the country's next Administration to maintain the good policies and ideas of the Kufuor Government.
…
Mr Kurt Koenigsfest, Chief Executive Officer of the first Micro Finance Institution in the World, Bankosol in Bolivia, on Thursday pointed out that giving out micro finance was one of the most effective ways to reach the very poor in socie…
Fraud in the rural banking system have been made worse through the use of computers and the need to strengthen internal audit controls is now a requirement under incoming ARB Apex bye-laws.
Mr. Yaw Wiredu-Peprah, a director of ARB A…
The role of the 192-member United Nations was stressed Thursday as economists and diplomats discussed ways to tackle the global financial crisis at the General Assembly.
"Solutions must involve all countries in a democratic process,"…
An awards scheme is in the offing for members of the Ghana National Association of Garages (GNAG).
The association comprises auto-mechanics, auto electrical technicians, auto-welders and motorbike mechanics.
Mr Joseph Nimo, GNA…
Total equity of the Building and Road Research Institute Co-operative Credit Union rose from 453,889.58 Ghana cedis in 2007 to 567,261.68 in 2008, representing an increase of 24.90 per cent.
However, its total income reduced from 87,833.…
Management of Ahafo project of Newmont Ghana Gold Limited (NGGL), in collaboration with the Export Development and Investment Fund (EDIF), is to construct a GHC 160,000 crop processing and storage center in Asutifi District.
The cen…
Plan Ghana, an NGO operating in the Bawjiase area, is assisting the people of five communities in the area to construct a number of improved household pit latrines.
The communities are Aboano, Obo Yambo, Kofikum, Otweikaa and Gomoa Od…
Parliament on Friday approved a 12-million dollar loan facility for the rehabilitation and expansion of the Bolgatanga Regional Hospital, in the Upper East Region.
The facility would help in the construction of a public health and …
About 820 million people in sub-Saharan Africa are chronically hungry, according to the 2006 Food and Agriculture Organization (FAO) report.
The report is contained in a documentary by the General Agricultural Workers Union (GAWU) ti…
Management of the Irrigation Company of Upper Region (ICOUR) on Wednesday, convened a stakeholders' meeting at Tono near Navrongo, to deliberate on issues threatening the sustainability of the Tono irrigation scheme.
The meeting beca…
Reverend Dr. Kwesi Biney, member of the Brong Ahafo Regional Economic Task Force, has appealed to civil society groups to contribute towards harnessing the potentials of the region for economic development.
Speaking on the role of civ…
Fifteen aggrieved Timber Companies on Thursday called for an independent investigation into the allocation of timber rights by the Forestry Commission (FC) to some foreign companies.
They also called on the government to revoke all i…
Mr Kwadwo Affram Asiedu, Eastern Regional Minister, has enlisted the support of the China in building the capacity of Small-Scale Enterprises in the area to enable them to become sustainable modes of income generation.
He said, although …
A call has gone to Government to come up with policy pronouncements that will stimulate and encourage the growth of local production by Small and Medium Enterprises.
The Managing Director of Omatek Computers Ghana Ltd., Mrs Florence…
Barclays Bank Ghana has launched Small and Medium Enterprises (SMEs) centre to offer tailor-made banking solutions to entrepreneurs in the sector.
Mrs. Margaret Mwanakatwe, Barclays Bank's Managing Director, said the centre would hel…
Bank of Ghana has maintained its prime rate at 17 per cent, Dr Paul Acquah, Governor of the Bank
announced on Tuesday.
Briefing the press after a meeting of the Monetary Policy Committee, Dr Acquah said with falling crude oil price…
Despite the world financial market turmoil, the country's economy remains robust and resilient to the effects of the fallout, Dr. Paul Acquah, Chairman of the Monetary Policy Committee (MPC), said on Tuesday.
Speaking at a press conf…
Twenty-one Small and Medium Enterprises (SMEs) have benefited from four Venture Capital Financing Companies (VCFCs) partners of the Venture Capital Trust Fund (VCTF) established by the government in 2004 to provide low cost funding to SMEs…
Dr Grace Bediako, Government Statistician, on Monday said that the Ghana Statistical Services (GSS) has developed two strategic documents to facilitate statistics gathering.
She said this at a one-day Regional Workshop on "New Strate…
Bearish sentiments continued to hold sway over the Accra bourse on Tuesday with the GSE All-Share Index, the main measure of performance of the Exchange, falling under pressure from CAL Bank.
The change year to date fell by 5.26 poin…
France's plan to create a sovereign wealth fund is a part of the country's efforts to guarantee its economic security out of the current world financial crisis.
The fund, announced by French President Nicolas Sarkozy on Thursday, is …
The Philippine Stock Exchange (PSE) halted trading past mid-trade on Monday after the key index plummeted over 10 percent, TV reports said.
At 11:23 a.m. local time (0323 GMT), the 30-company composite index fell 10.03 percent to 1,7…
Ghana cedi depreciated slightly on Tuesday to the major currencies pushing up the Gold Coast Securities (GCS)-Cedi Index by 0.11 points despite a little gain to the CFA.
The cedi in recent past had remained strong to the Pound and Eur…
South Africa's financial system is "fundamentally sound and well capitalized," according to the International Monetary Fund's (IMF) Article Report released on Wednesday.
The report stated that the South African economy had shown resi…
A global economic recession is approaching with the United States and Europe suffering the most, Swiss bank UBS said in a report on Wednesday.
An economic recession is expected to start in the United States from the second half of th…
Nigerians have been able to swindle the Citi Bank in New York of about 30 billion dollars by getting it to honour a forged cash payment request from Ethiopia's Central Bank.
Three Nigerian men were arrested in Seoul on Thursday for a…
About 90,000 dwellers in remote parts of Ghana are to enjoy solar power under a Global Partnership on Output Aid (GPOBA) programme that the World Bank is administering.
The Bank has signed a grant agreement with the Government for…
India led all W.T.O. member-countries in implementing anti-dumping measures followed by European Union and Indonesia during the first six months of this year, W.T.O. Secretariat said in its report.
"Concerning application of new fina…
Australian government said here on Thursday that it backed a call from the United States urging developed nations in helping the world's poor in the face of the global financial crisis.
The U.S. government has sent a message to rich …
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