Deputy Minister of Finance, Professor George Gyan-Baffour said on Tuesday that the introduction of the VAT flat rate scheme to get operatives in the informal sector to register and pay tax would not come with prescriptions of any new laws…
La Palm Royal Beach Hotel in the Greater Accra Region has been named the hotel of the year within the four to five star category at the seventh National Tourism Awards held over the weekend.
Lorneh Lodge, in Tegbi-Keta in the Volta Re…
President John Agyekum Kufuor said the signing of the Compact of the Millennium Challenge Account (MCA) and its successful implementation in Ghana would launch an epochal transformation of her agriculture into modernity.
He said the …
Fuel stations in Ho have scaled down their fuel prices following Parliament's approval of reduction of taxes on petroleum products.
During its rounds of some fuel stations, the Ghana News Agency noticed that the price of a gallon of …
The Ecumenical Association for Sustainable Agriculture and Rural Development (ECASARD), in collaboration with the Ministry of Food and Agriculture (MOFA) and Minority Oriented Agricultural Programme (MOFA/MOAP), GTZ and ADRA have organized…
European stock exchanges dropped heavily in morning trade, dragged down by mining and metals stocks and extending last week's plunge caused by concern about higher inflation.
The falls came as the New York Stock Exchange (NYSE) annou…
Areeba, Ghana's major mobile phone operators has re-launched a road show aimed at bringing its services and products closer to the people, particularly, rural dwellers, who will have the opportunity of buying Areeba products at special pr…
The Ghana Association of Travel and Tourists (GATTA) has instituted a pageant to encourage young ladies between 20 to 25 years to be interested in the development of tourism.
The pageant was being promoted under a project dubbed: "G…
Mr. Prosper Adabla, Chairman of the Ghana National Chamber of Commerce and Industry observed that Ghana could benefit immensely by collaborating with foreign partners to boost the national economy.
Mr Adabla, who was speaking at a m…
Professor Ernest Aryeetey, Director of the Institute of Statistical, Social and Economic Research (ISSER) on Wednesday said Ghana's economy risked stagnation if its economic structures that had remained the same since 1911 were not change…
The Ghana Stock Exchange (GSE) All-Share Index on Thursday inched up 1.36 points to close trading for the long Easter break at 4,771.00 points from 4,769.64 points on Wednesday.
Fan Milk Ghana Limited led the gains made by four equiti…
West Akyem District Assembly has acquired a 237 million cedis palm oil processing plant at Topease to create employment for the youth in the district.
The assembly is in addition, making efforts to acquire 405 hectares at Oworam for…
Madam Sophia Horner-Sam, Deputy Western Regional Minister, has urged industries to create employment for the country's youth and supplement government efforts to equip them with employable skills.
She made the call when some nationa…
The Ghana Tuna Association (GTA) has urged the government to expedite action on the establishment of the proposed Tuna Faculty at the Regional Maritime Academy (RMA) to train the requisite Ghanaian personnel in tuna fishing in order to pro…
Prof Dominic Fobih, the Minister of Lands, Forestry and Mines, has said the drive for investors to take advantage of the country's stable political and economic climate would not be complete if land was either unavailable due to encumbranc…
Ghanaians have been asked to patronise goods produced within the country to enable local industries to expand their operations.
The Deputy Minister of Trade and Industry, Mr Kofi Osei-Ameyaw said the shift to the patronage of local p…
The government has been urged to come out with a clear-cut policy to promote the sheanut industry to reduce rural poverty among the people in the Northern, Upper East and Upper West regions.
Madam Anna-Maria Fati Paul, Acting Direct…
Professor George Gyan-Baffour, a Deputy Minister of Finance on Thursday said government realised 28.2 billion cedis from the last major petroleum price increase between February 18 and February 23 2005.
The amount, which has since be…
The Finance and Administration Sub-Committee of the Upper Denkyira District Assembly, in the Central Region, has been tasked to initiate strategies to assist the assembly to meet its internally generated revenue targets.
Mr Richar…
The International Monetary Fund (IMF) sends a delegation to Zimbabwe this week to check its economic performance after narrowly escaping expulsion from the world lending body last year.
Economists however are sceptical over whether t…
The Central Regional Director of the Ghana Museums and Monuments Board (GMMB), Mr Nicholas Ivor, has as a matter of urgency, called on the Cape Coast and Komenda-Edina-Eguafo-Abrem (KEEA) district assemblies to enforce their byelaws, parti…
Mr Cephas Sowa, the Enchi Branch Manager of the Agriculture Development Bank (ADB), has denied allegations by some cocoa farmers in the area that the bank was refusing to honour their Akuafo cheques.
Speaking to the GNA at Enchi, he sai…
Our Elders say that one does not deny the destitute clothes if one had promised him or her one. The Ghana COCOBOD should effect immediate payment for all the cocoa bought to stave off the suffering of our cocoa farmers, who have sold their…
Mr. Peter Kwabena Ameyaw, the Adansi North District Chief Executive, has expressed concern about Licensed Cocoa Buying Companies (LCBCs) that are sabotaging government efforts at promoting the cocoa industry through undue delays in the pay…
A seven-member Indian delegation of diesel engine manufacturers has ended a three-day visit to Ghana during which Ghanaian authorities were given an overview of the Indian engineering industry.
The group also met with the Minister …
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…
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