Ghana�s oil palm sub-sector can generate substantial foreign exchange earnings if greater attention just like cocoa, was accorded to the sector, Mr Samuel Avaala, Estate Manager, Benso Oil Palm Plantation (BOPP) has said.
He said …
The Eastern Regional Minister, Mr Samuel Ofosu-Ampofo, has called on management of telecommunication companies to respect District Assembly bye laws and get the Assemblies involved when mounting telecommunication masts.
He said this…
Anglogold Ashanti Iduapriem Limited (AAIL), a mining company, has supported 240 farmers in the Adieyie area, to engage in maize and vegetable cultivation and fish farming.
The beneficiary farmers received seedlings, seeds, fertilize…
Security agencies at the Boinso border in the Western Region have been urged to intensify their operations to help minimize cocoa smuggling in the area.
The Executive Director of the Cocoa Swollen Shoot Virus Disease Control Unit (CSS…
The Tarkwa Nsuaem Municipal Assembly in collaboration with the traders at the Tarkwa Central Market, has adopted Mondays and Fridays as official market days to improve trading in the area.
Mrs. Christina Kobinah, the Municipal Chief …
The Civil and Local Government Service Staff Association of Ghana (CLOGSAG),endorses the rationale for the Single Spine Salary Scheme except for the "unfair labour practice" the Fair Wages and Salaries Commission (FWSC) has adopted in brin…
The Ashanti Regional annual arts and crafts exhibition has opened in Kumasi, with a call on artists to work hard to add value to their products to become more competitive on the international market.
Mr Samuel Francis Adjei, Regional…
Management of Access Bank (Ghana) Limited on Thursday partnered the National Secretariat of National Disaster Management Organisation (NADMO) to set up a Disaster Relief Account (DRA), to source for funding for disaster management.
M…
The was a remarkable resurgence during Friday
trading on the Accra Bourse that saw the GSE All-Share Index, the main market indicator, gaining 76.94 points to close at 6,522.01 points from Thursday�s tumble to 6,445.07 points.
The …
Ghana�s economy is benefiting from 1,113.8 million dollars approved by the World Bank to support her development efforts within
the last 12 months Mr Ishac Diwan, the Bank�s Country Director, has said.
Mr Diwan, who was addressi…
Two hundred and forty farmers who received various forms of support from Anglogold Ashanti Iduapriem Limited (AAIL) to venture into food crop production, are expected to harvest 150 metric tones of maize this year.
The beneficiary fa…
Due to India's limited dependence on external demand and strong fiscal and monetary stimulus measures, the global economic and financial
crisis had a relatively muted effect on the country, the Obama Administration told the US Congress on…
India and Ontario, Canada's richest province, signed a historic Memorandum of Understanding (MoU) on Thursday to boost cooperation and investment in the field of geology and mineral resources.
The MoU was signed between India Mines …
Mr. Samuel Yaw Kudom, Nkoranza South District Chief Farmer, at the weekend appealed to Government to put in place modalities for the purchase of maize from the district, as the crop was in abundance.
Mr. Kudom who made the appeal at …
The Youth in Agriculture programme had benefited about 56,000 youth in the Upper East Region under the Block Farming Programme.
The young men and women are cultivating maize, Soya beans, pepper, rice and onion on a farmland area of a…
Officials of Indian PSUs like BHEL and NTPC appear to be the beneficiaries of bribes that were doled out by a California-based valve company to bag lucrative contracts, mostly for tools used in the construction of power plants.
Prom…
U.S. President Barack Obama Wednesday used the appointment of the President's Export Council to pitch financial reform.
The Senate recessed for the July 4 holiday without acting on legislation to rein in the Wall Street excesses that trig…
South Korea should boost efforts to expand its presence in the world's emerging markets in order to make the next economic leap, a government
minister said Wednesday.
Knowledge Economy Minister Choi Kyung-hwan said in a policy forum …
South Korea is willing to reopen talks with the U.S. to address some outstanding issues in their free trade accord, but will not agree to revise the accord itself that was signed three years ago, a senior trade official said Wednesday.
…
South Korea and the European Union (EU) will hold a meeting next week to discuss the matter of signing their bilateral free trade agreement, Seoul's trade ministry said Wednesday.
During the two-day gathering in Brussels that starts on…
India and Malaysia Wednesday said the Comprehensive Economic Cooperation Agreement between the two countries is expected to be ready by September, in time for Indian Prime Minister Manmohan Singh's visit here in November this year.
…
The Sekondi-Takoradi branch of the Association of Small Scale Iundustries (ASSI) has threatened to embark on a demonstration to compel the Sekondi-Takoradi Metropolitan Assembly (STMA) to seek audience with members to discuss vital issues …
The Sekondi-Takoradi Metropolitan Assembly (STMA), has refused to accept business operating fees totalling GHC1,100.00, paid by the Regional branch of the Association of Small Scale Industries (ASSI).
This is because the ASSI was not …
Government on Wednesday outlined plans to establish a web based product gallery, to give extensive international exposure to indigenous Made-in Ghana goods.
The web based product gallery would serve as market, exhibition and advertis…
Pakistan has refused to allow the transit of Indian goods to Afghanistan through its territory though Afghan truckers will be permitted to use
Pakistani routes to deliver cargo to the Wagah land border, Afghan Finance Minister Hazrat Omar…
Losses by five financial and one manufacturing equities sent the GSE All-Share Index, the main market indicator, tumbling by 83.21 points to 6,445.07 points from 6,528.28 points during Thursday trading on the Accra Bourse.
The change…
The World Bank has approved the release of the second and last tranche of 143 million dollars of the Economic Governance and Poverty Reduction Credit (EGPRC) for Ghana.
The first tranche of 150 million dollars was disbursed in July, …
Sam-Woode Limited (SWL) has announced a final dividend of GH�0.0060 per share in respect of its financial year ended December 31, 2009 and all shareholders registered in the books of SWL at the
close of business on Friday, August 6 201…
The customs authorities Wednesday cleared the Karachi-bound ship 'Aegean Glory Kingstown', carrying military hardware and explosives onboard and detained here since June 26, to sail out of the Kolkata port on Thursday.
"Customs clea…
The Dumpong rural bank at Asakraka in the Kwahu South District recorded a profit before tax of GHC 57,393 last year as against GHC 12,136 in 2008.
The profit margin represented 373 per cent.
The chairman of the Board of Direc…
The BSE benchmark Sensex Tuesday surged by over 170 points on hopes that the world's second largest growing economy would get a boost with the monsoon covering the entire country.
Marketmen said the investor sentiment also got a fil…
Foreign investors bought a net 1.04 trillion won (US$850.7 billion) worth of South Korean stocks in June in a sharp turnaround from their heavy selling the previous month, the financial watchdog said Monday.
Overseas investors' net buy…
The Customs, Excise and Preventive Services (CEPS) has decided to burn seized foreign textiles bearing trademarks of local textile manufacturers to protect local businesses.
To make the decision effective CEPS, Ministry of Trade and …
A South Korean consortium led by Hyundai Corp., a local trading company, was picked as the prime bidder for a 2 percent stake in a nickel mine in Madagascar, Hyundai said Monday.
The consortium, which was formed with Hyundai Heavy Indu…
South Korea's imports from Middle Eastern countries shot up 51.7 percent on-year in the first five months of this year as the country purchased more oil and gas products to fuel its industries, the government said Monday.
The trade min…
Kia Motors Corp., South Korea's second-largest automaker, said Monday the company's Chinese venture has rolled out its 1 millionth car, eight years after starting production in China.
Dongfeng Yueda Kia Automobile Co., a joint venture …
South Korea's national fisheries federation said Monday it has borrowed 16 billion yen (US$182 million) from a group of foreign lenders to repay maturing debts.
The loan extended by eight overseas banks, including Bank of America Corp.…
South Korea builders' overseas orders almost tripled in the first half of this year from a year earlier thanks to a big nuclear reactor deal with the United Arab Emirates, industry data showed Monday.
The builders won orders worth a co…
Mercedes-Benz, the luxury division of Daimler AG, introduced its new super sports car, the new SLS AMG, in South Korea on Monday.
The vehicle is a modern revival of the automaker's legendary sports car, the 300 SL, with Gullwing doors,…
Losses by Fan Milk Limited (FML), SG-SSB Limited
and Ghana Commercial Bank (GCB) during trading on the Accra Bourse on Wednesday dipped the GSE All-Share Index, the main market indicator, by
17.22 points to close at 6,528.28 points fro…
Mr I. Ofori Quaye, Ho Branch Manager, Barclays Bank, has called on financial institutions to get Ghanaians accustomed to "cashless money transactions".
He conceded though that various modules of electronic banking and other arrangeme…
Many foreign companies in Britain, particularly from India, have brought in thousands of non-EU workers through 'intra-company transfers' route, and can easily bypass the new immigration cap reducing it to a "sham".
The Home Office ha…
Indian External Affairs Minister S M Krishna on Sunday arrived here on a two-day visit during which he is expected to give a push to bilateral relations, mainly focusing on trade and energy sectors.
Krishna is the first External Affai…
The Korea Ratings Corporation is carrying out due
diligence in Ghana to facilitate the execution of the 200,000 housing units by STX Engineering Company.
As part of the exercise, a 16-member delegation from South Korea, led by Mr Do…
India has agreed to donate USD 6.7 million to the African Development Bank (AfDB) to conduct studies on the development projects in the continent.
"India has committed a support of USD 6.7 million to the African Development Bank for…
Financial policymakers, central bankers, professors and industry leaders from home and abroad will gather in South Korea next week to discuss the future of Asia-Pacific economies and their role in preparing for the region's post-crisis era…
New Zealand's Prime Minister John Key promised Monday to continue support for peace on the Korean Peninsula and intensify efforts to boost trade with South Korea, hopefully through a free trade agreement (FTA).
At the start of summit t…
South Korea is considering lifting its import ban on Canadian beef within the year if an understanding can be reached on maintaining trade limits on intestinal parts, government sources said Monday.
Sources at the farm ministry said th…
Mercedes-Benz, the luxury division of Daimler AG, introduced its new super sports car, the new SLS AMG, in South Korea on Monday.
The vehicle is a modern revival of the automaker's legendary sports car, the 300 SL, with Gullwing doors,…
Foreigners may see South Korea as one of the toughest investment destinations among the world's major countries mostly due to limits on foreign equity ownership, a report showed Monday.
According to the report compiled by the Organizat…
info@businessghana.com
