Participants at a consultative forum in Koforidua on how to manage the expected petroleum wealth of the country, had suggested that the wealth be invested in projects that would bring high returns to the nation as a whole.
They urged…
As many as 15 anti-dumping duties have been imposed in the first 11 months of the current fiscal with the maximum on Chinese goods, India's Minister of State for Commerce and Industry Jyotiraditya Scindia informed the Rajya Sabha (Upper Ho…
Management of Microfinance and Small Loans Centre (MASLOC) has embarked on a nationwide financial training for the marginalised productive poor within the informal sector.
The aim is to provide them with accelerated access to credit …
The entire opposition Wednesday got together and disrupted proceedings in both Lok Sabha and Rajya Sabha over the government's decision to raise prices of petrol and diesel, forcing two adjournments till 2 PM.
Trouble started soon af…
MTN Ghana on Wednesday launched the maiden edition of its external newsletter, to serve as the official corporate magazine of the company.
The newsletter, dubbed: "Y'ello Ghana," would be a quarterly publication with a variety of sto…
The Rural Enterprises Project, a poverty alleviation project has provided assorted working tools to 28 graduate apprentices at Nadowli to help them improve their livelihood.
The tools are to enable the apprentices to establish viabl…
Participants at the Volta Regional forum on management of expected revenue from Ghana's emerging oil industry, organized on Wednesday at Ho, called for effective handling of information on the sector.
They suggested that the forum sh…
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, March 4, 2010.
GHANA CEDI EQUIVALENT …
The GSE All-Share Index, the benchmark index rose
3.47 points at 5,708.01 points, on the back of gains in Ecobank Ghana Limited.
The rise brings the year to date gain to 2.43 per cent.
On the broader market, there were three …
Ghana and the Equatorial Guinea on Tuesday reaffirmed their bonds of friendship and commended each other on efforts so far reached to activate the Joint Commission of Co-operation between the two nations.
President John Evans Atta Mil…
Dr Joseph Oteng-Adjei, Minister of Energy on Tuesday expressed government's willingness to tap into the experiences of Trinidad and Tobago to build a strong and vibrant financial sector to support the oil industry.
Speaking at a meet…
The Fair Wages and Salaries Commission (FWSC), said on Tuesday that it was actively engaged in further negotiations with all stakeholders for a successful take-off of the Single Spine Pay Policy (SSPP) in July.
Mr. George Graham, Chi…
The Ghana Commercial Bank (GCB) is working around the clock to improve on its customer relations through professional and competent staff to reclaim its past glory in banking.
It is also re-branding the image of the bank with building…
Growing for the third month in a row, India's exports rose 11.5 per cent in January, signalling that demand for the country's merchandise is renewing in the global markets.
Exports increased to USD 14.34 billion in January against U…
The construction of an ultra-modern market complex with a lorry park, valued at GHC500,000, would begin before December,at the Winneba Junction.
Mr Mike Hammah, MP for the area and Minister for Transport, who initiated the project, a…
Parliament on Monday granted a loan of to 80.35 million dollars from the African Development Fund to finance the construction of Awoshie-Pokuase road.
The loan would be paid within a period of 30 years.
Mr Joe Gidisu, Minister …
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, March 3, 2010.
GHANA CEDI EQUIVALENT O…
Real-time market data feed from the Ghana Stock Exchange (GSE) is now available to investors across the globe via the BLOOMBERG PROFESSIONAL® service, according to a statement from the Ghana
Stock Exchange.
With this development, B…
The GSE All-Share Index jumped nearly two per cent on Wednesday, buoyed by gains in Ecobank Transnational Incorporated and two other financial stocks.
The benchmark index rallied to close at 109.36 points or two per cent to 5,704.54 …
Shareworld Travels, an indigenous Christian travel agency specializing in pilgrimage trips to Israel and other religious sites, is to use Unibank to receive payments of travel expenses by pilgrims.
This followed an agreement signed w…
Newmont Ahafo Development Foundation has accumulated 2.2 million dollars since its establishment in 2008, Mr. Dan Michaelsen, General Manager, Environment and Social Responsibility of the Ahafo mine of Newmont Ghana Gold Limited (NGGL) has…
The United States has Appreciated the legislation undertaken by Indian government to check money laundering cases, especially with regard to the religious charities receiving foreign money, and asked it to extend this regulation into field…
The dawn-to-dusk strike called by pro-Left transport sector unions in protest against
the hike in fuel prices paralysed normal life in India's southern state of Kerala on Tuesday.
Reports from across the state said the strike created…
Ghana's Most Respected Company and CEO Awards 2010, which aim at encouraging executives to address corporate governance and leadership issues in their organisations, was launched in Accra on Tuesday.
Instituted by PriceWaterHouseCoop…
Export of spices from India has got off to an impressive start this year with the overseas export of the major varieties registering an 18 per cent growth in January itself.
While a total of 34,436 tons of spices worth Rs 430 crore …
Stakeholders in trade union movements from some 15 African countries have called on African leaders to swiftly ratify and implement the "Global Jobs Pact" policy of the International Labour Organization (ILO).
The Global Jobs Pact a…
Ghana on Tuesday announced the discovery of a significant accumulation of oil and gas on the Cape Three Points Deep Water Block located offshore the West African nation.
The Ghana National Petroleum Corporation (GNPC) and its partner…
Gains in Ecobank Ghana Limited on Tuesday pulled higher the GSE All-Share Index, the benchmark measure of performance on the Accra Bourse.
The Index rose by 37.04 points at 5,595.18 points from 5,558.14 points on Monday for a year to…
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, March 1, 2010.
GHANA CEDI EQUIVALENT OF C…
Gains in the share prices of Ghana Commercial Bank (GCB) and Ecobank Ghana Limited on Monday pushed up the main stock index.
The GSE All-Share Index opened the week up by 16.99 points at 5,558.14 points from Friday's close of 5,541.1…
The Brong-Ahafo Regional office of the Value Added Tax (VAT) service has exceeded its revenue target for 2009 by 11.9 percent while growth rate of the tax net increased by 63.9 percent.
Mrs. Joyce Evelyn Mensah-Boakye, Regional Head…
UTI International, a subsidiary of India's UTI Asset Management Company, plans to launch another offshore Shariah-compliant fund for retail and
institutional investors based in the UAE and the Gulf, says a media report.
UTI Interna…
Despite the global financial crisis,India hopes to achieve a GDP growth rate of seven per cent this year and return to about a nine per cent per annum growth within two years, Prime Minister Manmohan Singh said on Sunday.
"We are in…
Saudi Arabia is a major source of income for India as a result of remittances from Indian expatriates, who form one of the largest foreign community in the Kingdom of 25 million people, a report said Sunday.
Indians form Saudi Arabi…
Mr Emmanuel Paa-Nii Quaye, an associate programmes officer of the Global Alliance for Improved Nutrition, (GAIN) Africa, expressed concern, on Thursday, that about 50% of salt on the Ghanaian market is not iodated, 16 years after the intro…
Mr. Sam Garba, Administrator of the Ghana Education Trust Fund (GETFund), on Friday said financial indiscipline was the major dilemma of the Fund.
He said this when he appeared before the Public Accounts Committee ofvParliament to be…
Telecommunications giant, Vodafone, has emerged as the world's most valuable telecommunications brand, according to a global ranking of the world's most valuable brands by compiled by BrandFinance Global 500.
The same brand ranking p…
Organisations, clients and customers, have been urged to make use of the recently introduced electronic Cheque Codeline Clearing System (CCCS) to inject speed into business transactions.
Ms Elizabeth .A. Nyarko, Branch Manager of the…
Mr Richard Branson, Founder and Chief Executive of the Virgin Group, a British venture capital conglomerate, has noted that "Ghana is a beacon of success in the sub-region" and should capitalize on her successes to transform society.
…
Auto major Tata Motors Friday reported a consolidated net profit of Rs 650 crore for the third quarter ended December 31, 2009, driven by revival in demand in the domestic market on introduction of new products coupled with government stim…
The economic growth slipped drastically to 6 per cent in the third quarter of the fiscal, around the same level witnessed during global financial meltdown, even as the Indian Government partially rolled back stimulus on the premise that th…
The Annual Producer Price Index (PPI) inches up 0.68 per cent to 189.61 in January. The corresponding rate in December was 188.32.
This brings the respective yearly change between January 2009 and January 2010 to 25.57 per cent, repr…
Achimota Forest will be adjusted to a world class tourism enclave without destroying the ecosystem but attempts to construct a road through it will nose-dive this objective, Mr Samuel Afari Dartey, Acting Chief Executive of the Forestry Co…
The Bank of Ghana (BOG) and the ARB Apex Bank have been urged to, as a matter of urgency, accelerate the computerization of Rural and Community Banks (RCB's) in the Country to facilitate their operations.
The Regional Coordinator of T…
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 Tuesday, February 26, 2010.
GHANA CEDI EQUIVALE…
The Customs Excise and Preventive Service, (CEPS) Internal Revenue Service, (IRS) and the Value Added Tax Service, (VATS) collected a total tax revenue of GHC 4,567.00 million last year.
Out of this amount, the IRS and VATS collected …
Buoyed by its armament majors securing multi-billion contracts, US has asked India to raise its cap on FDI in defence sector to 49 per cent from existing 26 per cent.
Making a pitch for this, the Obama Administration also wants India …
Mr Maxwell Gyampoh, a veteran watch repairer,has expressed worry that the youth of Koforidua do not want to take up watch repairing as their vocation.
He said if that trend should continue Ghana would soon be without trained watch re…
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 Tuesday, February 25, 2010.
GHANA CEDI EQUIVALE…
The Bank of Ghana has decided to introduce a GH¢2 denomination in response to the need for an intermediary banknote between the GH¢1 and GH¢5 banknotes.
A statement issued on Thursday by the Bank said this followed a review of the c…
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