Australian media group John Fairfax Holdings voiced optimism Monday about boosting its earnings over the coming six months after posting a strong 26 percent jump in net profit for the half-year to December 31.
Outgoing chief executive…
France's media put Finance and Economics Minister Herve Gaymard in their sights on Wednesday after a report revealed he and his family were living in an apartment off the Champs-Elysees in Paris at a cost of 14,000 euros (18,000 dollars) a…
Mr Emmanuel Darko, the General Manager of Credit Unions Association of Ghana (CUA), has said credit unions held the key to poverty alleviation in the country.
He said the credit union concept was the surest way of increasing people'…
Uganda's export earnings have been growing by 9.2 percent annually for the last four years, an
official with Uganda's Export Promotions Board said on Tuesday.
Ben Natulinda told Xinhua on Tuesday that in the calendar year 2000, Ugand…
The Ghana Stock Exchange All-Share Index, the main market indicator, fell again on Wednesday under losses by British American Tobacco (BAT) and Aluworks.
The Index went down by 27.22 points, the second successive loss after 11.92 poi…
Norway on Monday issued an invitation to tender to international oil companies for the exploration and production of 192 blocks on the Norwegian continental shelf, amid high oil prices that make exploration more attractive.
The number…
Mr Charles Addo Kobea, Sales Manager of Guinness Ghana Ltd at the weekend stated that, the Guinness promotional sale that is going on in the country is to reward their loyal customers.
Mr Kobea, who made this remark at the "Juaso Downtow…
Mr Wilson Yeboah, the Nkawie District Quality Control Officer, has debunked claims by some farmers that the mass cocoa spraying exercise had contributed to the high incidence of the purple colour before drying.
He attributed the pur…
President John Agyekum Kufuor on Wednesday said the Government had no ulterior motive over the Songhor Salt Project but was rather determined to ensure that the economic potential of the area was utilised for the benefit of the people and …
The Registrar General said on Wednesday that it would, as from December 1, accept applications for the registration of trade marks for services (service marks).
This is because the Trade Marks Act, Act 664 of 2004, has extended prote…
President John Agyekum Kufuor on Wednesday said the Government had no ulterior motive over the Songhor Salt Project but was rather determined to ensure that the economic potential of the area was utilised for the benefit of the people and…
Kaaseman Rural Bank at Sefwi-Kaase in the Western Region, had recorded a net profit of 1,873 billion cedis for the 2003 financial year, as against the 809 million cedis it realised in 2002.
The figure represents an increase of over …
Mr. Emmanuel Asiedu-Mante, Deputy Governor, Bank of Ghana on Friday urged Financial Non Governmental Organisations (NGO's) into micro-credit to adopt prudent accounting practices that meet international standards.
He said as financial…
President John Agyekum Kufuor on Friday laid a pipe for work to commence on the 40.2 million-dollar Buipe-Bolgatanga Petroleum Products Pipeline project at Buipe, in the Northern Region.
It would transport petroleum products, gasoline d…
The Precious Mineral Marketing Company (PMMC) last night honoured 61 companies and individual at its annual dinner and awards ceremony for their immense contribution towards the development of mineral industry in the country.
The aw…
Mr Kwadwo Adjei Darko, the Minister of Local Government and Rural Development, has said henceforth markets in the country would have management and board of directors to ensure peaceful and smooth operations.
He said members of the ma…
Members of the Ahanta West District Forestry Forum Thursday, alleged that, illegal chain saw operators are destroying the Cape Three Points Forest Reserve on a large scale.
They said the group of illegal chain saw operators do their oper…
Mr James Kainyah, Chairman of the Sekondi-Takoradi Chamber of Commerce and Industry has said one key issue that most importers ignore in their business management, is lack of proper record-keeping for effective operetion.
He was speaking…
Ghana and Iran on Friday signed a Memorandum of Understanding for a grant of 1.5 dollars (about 13.8 billion cedis) for the supply of ambulances to enhance the emergency response capabilities of hospitals and clinics.
Minister of Sta…
Placard bearing non-teaching staff of the Ghana Education Service (GES) who are members of the Teachers and Educational Workers Union (TEWU) on Friday went on a demonstration to protest delays in the payment of their salary adjustments.
…
The Management of Amansie West Rural Bank, in the Ashanti Region, has presented a cheque of 10 million cedis to the Amansie West District Health Insurance Scheme as the Bank's contribution to the scheme.
The Chairman of the Board of…
Kwadwo Affram Asiedu, Deputy Minister of Trade Industry and President's Initiatives on Tuesday called for the re-engineering of Small and Medium Scale Enterprises (SME's) to contribute to the country's industrialisation process.
He …
The Ministry of Lands and Forestry on Tuesday called for a collaborative effort by all stakeholders in the formulation of appropriate strategies of bamboo preservation as an alternative to timber.
Professor Dominic Fobih, Minister fo…
The ARB Apex Bank Limited would soon launch a new product called "Efie Ne Fie", literally meaning "Home is Home", Mr. E.K. Kwapong, Managing Director of the Bank has announced.
He said the product would make it easier for urban settl…
The Ghana Standard Board (GSB) on Wednesday cleared Star and Alcobre electrical cables saying the cables manufactured locally by Reroy Enterprise Limited had been certified by the Board.
A statement issued by the Management of the GS…
Earnings from non-traditional exports (NTEs) would reach 600 million dollars by the end of this year from 589 million dollars in 2003, Mr Alan Kyeremanten, Minister of Trade, Industry and PSI, said on Thursday.
The Minister was spea…
The Accra bourse slid in poor trading on Friday as the year slowly winds down and the market caves in under bearish sentiments.
The GSE All-Share Index, the main market index, was down by 4.96 points to 6,893.18 points from 6,898.14 …
The Moderator of the Presbyterian Church of Ghana, Rev. Dr Sam Prempeh, on Thursday said most business have run into bankruptcy because of improper planning and management of funds.
He said some businessmen have had to fall on their …
The British Government has given Ghana a grant of 20 million pounds (¢325 billion) as budgetary support.
The grant was disbursed as part of the performance tranche of the Multi Donor Budget Support (MDBS) Programme, to help the Gov…
The Tema Municipal Chief Executive (TMCE), Mr Samuel Evans Ashong Narh, has urged the leadership of the Tema branch of the Trades Union Congress (TUC) to continue liaising closely with workers and management to ensure that the already prev…
The University for Development Studies (UDS) has secured a grant of four million United States Dollars under the Teaching and Learning innovation Fund of the education sector programme fund by the World Bank and administered by the Nation…
The Dangme Rural Bank recorded a net profit of 964 million cedis last year as against 702 million cedis the previous year.
Nii Dortey Abotsi III, Chairman of the Board of Directors of the bank who made this known at the its 19th Ann…
A 600-cedi gain by Fan Milk Limited helped the Accra bourse to recover after several days of poor performance following visible lack of interest by investors.
The GSE All-Share index, the main stock index, went up by 5.28 points at 7…
Otumfuo Osei Tutu II, Asantehene, has reminded African leaders to show the needed political will and commitment towards building strong trade and economic ties among countries on the Continent.
This he said, was important "for our ow…
Goldfields, Ghana, the second largest gold mining company in the country is to provide 617 million cedis loan facility to support players in the industry to help improve value and increase the local production of jewellery.
Dubbed, "Gold …
Dr. Kofi Konadu Apraku, Minister for Regional Cooperation and the New Partnership for Africa Development (NEPAD) on Monday said the nation that the five countries of the second monetary zone were working hard to ensure that the introductio…
The United Nations Conference on Trade and Development (UNCTAD) 2004 report on economic development in Africa has criticised the eligibility and debt sustainability criteria of the HIPC initiative, saying they are arbitrary and lacks objec…
Ghana's present economic stability did not tally with the kind of growth rate required to sustain the economy, Dr Osei Boeh-Ocansey, Director General of the Private Enterprise Foundation (PEF) said on Thursday. He said the attainment of a …
The National Food and Agric Show Secretariat (FAGRO), says all is set for this year’s exhibition slated for the International Trade Fair Centre from September 28 to 30.
A statement issued by Ms Alberta Nana Akyaa Akosa, General Manager,…
Ghana loses about 318,514 tonnes of maize annually to post-harvest losses, an expert in Post-Harvest losses Management with the Africa Post-Harvest Losses Information System (APHLIS), Dr Bruno Tran, has said.
That figure, he said, repre…
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