The Bank of Ghana is set to issue a draft “External Auditors Directive” to help improve the effectiveness of audits in the country and forestall future challenges.
Mr Donatus Freitas, the Chief Manager of the Banking Supervision Departm…
Dr Bediako Asare, the Regional Director of the Chartered Institute of Leadership and Governance (CILG-Ghana Chapter) has called on the Bank of Ghana to reduce the minimum capital for indigenous banks to GHc250,000 instead of the GHc400,000…
Ghana’s trade in goods and services with India reached US$3.4billion in 2017, according to the International Trade Centre (ITC).
The figure represents an export value of US$2.76 billion and imports totalling US$638.3 million.
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Livestock farmers are being encouraged to consider the production of alternative sources of feed for their livestock.
This has become necessary due to the high cost of feed in the country.
Studies by three PhD students under …
Mr. Yaw Osafo-Maafo, the Senior Minister, has said the drive to move the country beyond aid does not mean Ghana would be refusing to accept development aid.
The government would rather make sure that donor support tied in with developm…
Professor Dzodzi Tsikata, the Director of the Institute of African Studies, University of Ghana, has called for a change in the country’s economic and social protection policies, which relied on the export of primary agricultural commoditi…
Ghana’s agenda to integrate nuclear power into its power generation mix is progressing steadily with the Ministry of Energy setting a target to fully activate the second phase of the project by the end of the first quarter of next year.
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Ghana’s Digital Terrestrial Platform (DTT) infrastructure will be managed as a commercial entity, the Ministry of Communications has announced.
It will be incorporated as the Central Digital Transmission Company Limited (CDTCL) and gove…
The Bank of Ghana (BoG) cannot absolve itself from the recent ‘catastrophe’ that has rocked the banking industry, leading to the collapse of a number of financial institutions, the Asantehene, Otumfuo Osei Tutu II, has stated.
He said e…
The management of Akosombo Textiles Limited has assured its clients, customers, suppliers and the general public that it is still in operation and has not laid off workers, as widely reported in the media.
The company has asked its stak…
Effective November 1, 2018, a new customs bonded warehousing regime will become operational in the country, during which some goods cannot be warehoused, the Ghana Revenue Authority (GRA) has said.
The items that cannot be warehoused un…
The Asikuma-Odoben-Brakwa (AOB) District directorate of the Business Advisory Center (BAC) of the National Board and Small Scale Industries (NBSSI) has organized a day’s workshop for 68 micro, small and medium Scale Enterprises.
They we…
The Management of MTN Ghana Limited, a mobile telecommunication company, has expressed confidence in the government’s National Identification Card (NIC) initiative as it would enhance accurate information and authenticate data gathering.
…
The Commissioner-General for the Ghana Revenue Authority, Mr Emmanuel Nti has said that the GRA will from 1st October, 2018, embark on the second phase of a nation wide full enforcement and compliance of the Excise Tax Stamp in accordance …
Mr Sam Koranteng, Corporate Services Executive of Mobile Telecommunications Network (MTN) Ghana, has said the company was bent on giving its customers the latest products the connected world craved and would aid the quest for a digital epo…
Ford employs body tracking technology on the assembly line just as sport stars perfect technique and replicate signature moves for video games
• Ford Valencia Engine Assembly Plant workers wear special suit with sensors that help…
Fishermen and fish mongers at the Albert Bosomtwi Fishing harbour in Sekondi are losing out on the bumper season as there is no ready market or enough cold storage facilities.
The situation has compelled them to dispose some of their ca…
Dr Osman Tahidu Damba, a Lecturer, at the Faculty of Agribusiness and Communication Sciences, University for Development Studies (UDS), has said Ghana is one of the emerging economies in Sub-Saharan Africa due to its continuous economic pe…
China has accused the US of trade bullying after a new round of US tariffs on Chinese goods kicked in.
The US imposed tariffs on a further $200bn ($152bn) worth of Chinese products, the largest round yet in the escalating trade war betw…
The Controller and Accountant General, Mr Eugene Asante Ofosuhene, has called on treasury officers of state-owned enterprises to step up their efforts in mobilising more revenue to help the government achieve its development agenda.
He …
The Guinness Ghana Breweries Limited (GGBL) has introduced one of the world’s popular blended Scotch whiskies, Black and White, onto the Ghanaian market.
According to the company, the new drink is in line with its commitment to delight …
Kobina Hughes, a lawyer and blockchain enthusiast has appealed to the government to set up an advisory committee that will make recommendations about using blockchain technology to boost development.
According to him, when employed effe…
The country’s Balance of Payment (BOP) has strengthened consistently over the last eight months aided by oil exports, strong forex reserves and the issuance of Eurobonds by the government.
The BOP statistics, which is the record of all…
The Minister of Trade and Industry, Mr Alan Kyerematen, has urged the private sector not to only generate ideas but also contribute its quota financially to complement the support from government.
He said the government was keen on supp…
The Producer Price Inflation (PPI) rate for August this year has decreased to seven per cent.
This represents a 1.2 percentage point decrease relative to the rate of 8.2 per cent recorded in July of the same year under review.
…
Appointment of Industry Veteran Reinforces Company's Commitment to Partnerships, International Expansion
Flashpoint, the global leader in Business Risk Intelligence (BRI), today announced that industry veteran Roy Pickard has joined the…
The training will also address the needs and perspectives of women and men in policymaking and the United Nations Framework Convention on Climate Change processes, adopted on 9 May 1992
African Development Bank Convenes Climate Change S…
Italian sports carmaker Ferrari has said it will launch 15 new models by 2022, as it embarks on a new five-year strategy under a new boss.
The company also intends to launch its first SUV, Purosangue, at the end of the five-year period.…
The Director of the Animal Research Institute under the Council for Scientific and Industrial Research (CSIR-ARI), Prof. Emmanuel K. Adu, has decried the importation of meat products into Ghana arguing that the phenomenon is crippling the …
THE Ghana Trade and Livelihoods Coalition (GTLC) is advocating an agricultural cooperative system that will help target smallholder farmers appropriately with interventions aimed at improving productivity in the sector.
It said that coo…
The Industrial and Commercial Workers Union (ICU) has hailed Ghana’s sovereign credit rating from B- to B by Standard $ Poor’s (S$P).
Mr. Solomon Kotei, ICU’s Secretary General, said “to us the government is doing well at the macro leve…
Cocoa farmers in the country have been urged to embrace the mass cocoa spraying exercise introduced by government.In an exclusive interview shortly after a farmers’ meeting at Nsawam in the Eastern Region on Wednesday, Nana Kumi Abiesi, Ns…
Integrity in Development Projects: African Development Bank Debars GEO SCIENCES for 48 Months for Fraudulent Practices
The Office of Integrity and Anti-Corruption of the African Development Bank found the company to have engaged in nume…
Andersen Global announces further growth in South America with the signing of a Collaboration Agreement with BKM Berkemeyer, one of the oldest and largest law firms in Paraguay. With two locations in the capital city of Asunción, the firm …
This first event sparked the interest of the team to focus on curating programs and initiatives that promote cultural diversity while nurturing and mentoring the vision, talents and ideas of young people who are positively changing Africa
…
Despite the fact that Ghana is a net exporter of oil, total receipts are not the entire export earnings. Government's interventions have helped put petrol and diesel at a selling price of GHp 5.12 per liter instead of GHp 5.54 and GHp 5.50…
The Government yesterday signed a memorandum of understanding with the Spanish government to train 2000 young entrepreneurs to boost the Ghana Beyond Aid agenda.
The GH¢30 million initiative to be borne by both the Ghanaian and Spanish …
The Turkish Government has expressed interest in partnering the Government of Ghana towards the operation of the proposed national airline.
The Turkish Ambassador to Ghana, Madam Nesrin Bayazit, made this known when she paid a courtesy …
Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Commerce in Toronto
African Development Bank President (AfDB.org), Akinwumi Adesina, on Wednesday urged Canadian business leaders to “be…
African Development Bank, mariner investment group, and africa50 price landmark $1 billion impact securitization
Structured as a synthetic securitization by Mizuho International, Room2Run transfers the mezzanine credit risk on a portfol…
A total of 22.4 million smartphones were shipped in Africa during the second quarter of this year (Q2 2018), according to the latest insights from International Data Corporation (IDC). The global technology research and consulting firm's Q…
Europe’s Mobile Economy to Be Worth EUR720 Billion by 2022 – But Further Regulatory Reform Is Required to Fulfil Region’s Full Potential
Europe’s mobile ecosystem is forecast to account for more than 4 per cent of the region’s GDP by 20…
Nigeria has suspended plans to relaunch its national airline two months after the attempt to revive the carrier was announced.
Aviation Minister Hadi Sirika broke the news on Twitter after a cabinet meeting, saying ministers had made "t…
Alibaba founder Jack Ma, who once boasted his e-commerce firm would spur the creation of one million jobs in America, has rowed back on those plans.
Citing the ongoing trade war between the US and China, Mr Ma told China's Xinhua news a…
The African Development Bank (AfDB) Group has excluded the African Center for Applied Forest Research and Development (CARFAD), a consultancy based in Yaoundé, Cameroon, and Mr Benjamin Tchoffo, its executive director, from doing business …
Equity market indices posted mixed performances, with the index for the financial sector weighed on by speculative actions, profit talking and heightened uncertainties ahead of the deadline for the new minimum capital requirements for bank…
THE Bank of Ghana (BoG) is set to roll out new policy measures to weather the storm of the depreciating cedi as it gauges the health of the economy in the last three months.
In the last few months, global pressures and the withdrawal …
The Ghana Statistical Service (GSS) has once again failed to announce inflation figures for the country using a rebased Consumer Price Index (CPI) in its calculation.
In the last several months, the service had given excuses about …
InfiNet Wireless makes outdoor broadcast breakthrough in Estonia with ‘pay as you grow’ offering for live events
The global leader in fixed broadband wireless connectivity has helped thousands of Estonians watch events together such as …
MallforAfrica (MFA), Africa’s largest e-commerce platform, today announced its customers will now be able to purchase products from the most sought-after Chinese brands. The e-commerce giant currently sells into 17 African countries with …