The Ghana Stock Exchange continued its slow rise on Wednesday with the GSE-All Share Index, the main market measure, going up by 0.19 points in a dull market that saw only one price appreciation.
The Index ended trading at 4,899.40 p…
With effect from January 2006, there will be no more personal income tax on minimum wage, Finance Minister, Mr Kwadwo Baah-Wiredu announced.
The move to abolish personal income tax on minimum wage is in line with government's objectiv…
Members of the Kumasi Central Market Women Association have appealed to the government to reduce taxes and duties imposed on goods imported into the country.
They have also appealed to the government to check the influx of cheaper …
Leaders of five Southeast Asian nations gathered Wednesday in the Thai capital for economic talks that have taken a new focus since the latest outbreaks of bird flu in the region.
The prime ministers of Cambodia, Laos, Myanmar, Thaila…
The Ghana Cocoa Board has denied that there are insufficient funds for the 2005/2006 cocoa main crop purchases.
A statement signed in Accra by Mr Kwame Sarpong, Chief Executive, said; "sufficient funds have been released to the L…
The Accra bourse inched up in trading on Friday on a five-cedi gain by British-America Tobacco Company Limited on the broader market.
The gain pushed up the GSE All-Share Index, the main market indicator, by 0.13 points to 4,889.33 p…
China's forex reserves are expected to surpass Japan's this year as strong fund inflows and a burgeoning trade surplus make it the world's largest holder of foreign currency, state press reported Tuesday.
"At this speed, our foreign r…
Shareholders in telecom service provider Omantel are hoping to cash in on their investment amid expectations of a jump in the firm's stock price when foreign investors are allowed to deal in the shares Thursday.
In the largest initial…
Newmont Gold Ghana Limited on Tuesday said it would support the funeral and burial arrangements of the two persons who died while crossing the Company's dam at Kenyasi in the Brong Ahafo Region earlier this month.
The Company described…
An official of the Ghana Exports Promotion Council (GEPC), has predicted that Ghana will in the medium to long term take control of 10 percent of world export of black pepper.
Mr Erasmus Ashun, Zonal Officer in-charge of the Ashanti …
Mr Muniru Arafat Nuhu, the Cape Coast Municipal Chief Executive, has expressed concern over the abysmal performance of the assembly in its revenue generation effort.
He expressed regret that the assembly has only been able to realize …
French experts will evaluate Congo's disputed annual diamond production in the country's bid to rejoin the international group which controls sales of the gems, the government said Saturday.
Experts from the Office of Research Studies…
French experts will evaluate Congo's disputed annual diamond production in the country's bid to rejoin the international group which controls sales of the gems, the government said Saturday.
Experts from the Office of Research Studies…
Tension is gradually brewing between the Mpohor Small Scale Miners Association in the Mpohor Wassa East District and St. Jude Mineral Resources, over alleged attempts to stall the operations of the small scale miners.
The association h…
The EU and China held a second day of talks Friday on a dispute over textile exports that has left stranded in customs millions of items of Chinese-made clothes bound for the European market.
There was no public indication of progress…
Mr Kwadwo Baah-Wiredu, Minister of Finance and Economic Planning, on Friday launched the Ghana Living Standards Survey dubbed 'GLSS-5' in Kumasi.
The survey seeks to provide information on patterns of household consumption and expend…
Tension is gradually brewing between the Mpohor Small Scale Miners Association in the Mpohor Wassa East District and St. Jude Mineral Resources, over alleged attempts to stall the operations of the small scale miners.
The association h…
The EU and China held a second day of talks Friday on a dispute over textile exports that has left stranded in customs millions of items of Chinese-made clothes bound for the European market.
There was no public indication of progress…
Mr Kwadwo Baah-Wiredu, Minister of Finance and Economic Planning, on Friday launched the Ghana Living Standards Survey dubbed 'GLSS-5' in Kumasi.
The survey seeks to provide information on patterns of household consumption and expend…
At least 60,000 land litigation cases were recorded in the courts in 2002 alone, Mr Charles Bintin, Minister of Local Government and Rural Development (LGRD) has stated.
"This state of affairs is overburdening the judicial process an…
At least 60,000 land litigation cases were recorded in the courts in 2002 alone, Mr Charles Bintin, Minister of Local Government and Rural Development (LGRD) has stated.
"This state of affairs is overburdening the judicial process an…
Economic analysts and trade experts meeting in Accra have predicted grave consequences for developing countries if the developed world succeeded in pushing their agenda of drastic reduction in industrial tariffs.
They said such a pro…
The Ghana Car Rentals Association has set new standards of operation to enable the industry to attain international standards.
The Association has therefore started organizing training programmes for its members and other partners in…
The GSE All-Share Index, the main market indicator, was up by 0.1 points to end trading at 4,837.72 points from 4,837.62 points on Thursday.
Change for the year-to-date remained at -28.84 per cent.
There were two positive price…
Economic analysts and trade experts meeting in Accra have predicted grave consequences for developing countries if the developed world succeeded in pushing their agenda of drastic reduction in industrial tariffs.
They said such a pro…
The Ghana Car Rentals Association has set new standards of operation to enable the industry to attain international standards.
The Association has therefore started organizing training programmes for its members and other partners in…
The GSE All-Share Index, the main market indicator, was up by 0.1 points to end trading at 4,837.72 points from 4,837.62 points on Thursday.
Change for the year-to-date remained at -28.84 per cent.
There were two positive price…
Economic analysts and trade experts meeting in Accra have predicted grave consequences for developing countries if the developed world succeeded in pushing their agenda of drastic reduction in industrial tariffs.
They said such a pro…
The Ghana Car Rentals Association has set new standards of operation to enable the industry to attain international standards.
The Association has therefore started organizing training programmes for its members and other partners in…
The GSE All-Share Index, the main market indicator, was up by 0.1 points to end trading at 4,837.72 points from 4,837.62 points on Thursday.
Change for the year-to-date remained at -28.84 per cent.
There were two positive price…
HSBC staff in Britain were to strike in their thousands Friday in a dispute over pay and the biggest walk-out against a leading bank here for more than eight years, union officials said.
The global banking giant, which saw 2004 pre-ta…
Mr. Ambrose Dery, Upper West Regional Minister on Friday called on District Assemblies in the region to expand their scopes of tax collections to be able to initiate development projects on their own.
The expansion, he said, would no…
Local leaders from 13 communities in southern Nigeria's oil-rich but restive Niger Delta accused the Anglo-Dutch energy giant Shell of reneging on a promise to build them a road Friday and demanded that the firm halt its operations in thei…
The Ghana Stock Exchange (GSE) made a faint rise in trading on Monday on the back of a 12-cedi gain by CFAO, as the heavy bearish pressures continued to dominate the bourse.
The GSE-All Share Index, the main stock index, saw a rise …
The German government unveils plans on Wednesday to expand a law to implement minimum wages for all foreign workers and curb the influx of low-wage workers from Eastern Europe.
The law, in place since 1996 requiring foreign constructio…
Crude oil prices posted their
biggest drop this year Wednesday after a government report showed
a sharp rise in US crude stockpiles.
On the New York Mercantile Exchange, crude oil futures for June
delivery fell 2.59 dollars to end…
Ugandan Minister of Energy and Mineral Development Syda Bumba has said that the government had taken measures to reduce the increasing fuel prices in the country.
Bumba made the statement at the parliament on Wednesday, saying that the…
Japanese electronics giant Toshiba said Thursday its net profit jumped 59.7 percent to 46 billion yen (434 million dollars) in the year to March on strong sales of personal computers and mobile phones.
"We posted rising net profit tha…
A Kumasi Circuit Court has sentenced a 40-year-old estate agent, Kwaku Boye, to 24 months' imprisonment for theft.
He pleaded guilty to charges of conspiracy, unlawful entry and stealing. His two other accomplices named only as Antwi…
Altana, the German maker of pharmaceuticals and specialty chemicals, unveiled Thursday lower-than-expected earnings in the first quarter of this year and appeared to be fractionally more cautious about the outlook for the full year.
A…
BASF, the world's biggest chemicals company, said Thursday that earnings rose strongly in the first three months of the current year as strong demand for its products and cost-cutting measures helped offset the effects of high raw material…
European Aircraft giant Airbus Industrie has cried foul over state-run Air India's decision to buy 50 Boeing jets, saying it was denied a chance to show off its new A380 superjumbo, as analysts said politics influenced the decision.
A…
The head of Taiwan's United Microelectronics Corp (UMC), the world's second largest contract chip maker, will challenge a government fine for making an unauthorized investment in China, a report said Thursday.
UMC chairman Robert Tsao…
Anglo-Australian mining group Rio Tinto on Thursday announced a 290 million US dollar expansion of its Hamersley iron ore operations in Western Australia.
With demand from China taking iron ore production to record levels in Australia…
French Prime Minister Jean-Pierre Raffarin appeared to appease China's dissatisfaction over the pending reintroduction of import quotas on its exports to the European Union, saying Beijing was taking unilateral actions to limit its exports…
Mr Robert L Quarshie, Senior Manager, Agave Rural Bank has deplored the lukewarm attitude of managements of Rural Banks in the Volta Region to staff training.
He was presenting a report of the performance of Rural Banks in the Region…
Mr Divine Otoo, Chairman of the National Plastic Waste Management Taskforce, on Friday announced that plastic waste generated in the country would be exported to some recycling companies in China and America to help solve the plastic waste…
The Food and Agriculture Organization on Wednesday said it has alternative programmes and facilities that would benefit Ghana's fisheries industry and move it forward.
Mr. Oloche A. Edache, Assistant Director-General and Regional Repr…
Mr Jake Obetsebi-Lamptey, Minister of Tourism and Modernization of the Capital City, on Thursday advised students studying tourism to be innovative to make money from the industry.
He said tourism was a private sector activity and a lo…
A visiting Belgian Senator, Mr. Arnold Van Aperen has promised to assist local producers of mango, orange and pineapples to have access to Belgian and European markets due to their high quality.
"The Ghanaian fruits are of high quali…
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