Mr Samuel Atta Akyea, the Minister of Works and Housing, has expressed Government’s determination to addressing the housing deficit in the country through partnerships with the private sector in the provision of affordable housing units.
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The government has dropped hints about its intention to implement the tax stamp policy begining with Tobacco, Alcoholic and non-Alcoholic drinks, bottled water and textiles in January, next year.
A deputy Minister of Finance, Mr Kwaku A…
The African Development Bank (AfDB) has sold its first “Industrialize Africa” theme Bond to Fukoku Mutual Life Insurance Company, the sole investor in the transaction, for AUD 50 million.
Africa is at the bottom of the global value chai…
Members of the board of the Volta River Authority (VRA) have pledged their readiness to help the government achieve its dream of restructuring the authority.
The Board Chairman, Mr Kweku Andoh Awotwi, told journalists after its inaugura…
Convenience is one of the most important drivers or determinants of customers’ choices and business decisions. Convenience is often an end product of innovation and business process improvement so one of the most important areas of improve…
The Managing Director and Chief Executive Officer (CEO) of First Bank of Nigeria Limited and Subsidiaries, Dr Adesola Adeduntan, has said FBN Ghana will be recapitalised to meet the new minimum capital requirement before the December 2018 …
Karpowership Ghana Company Limited has announced that it has connected its 470 MW Karadeniz Powership Osman Khan to the national grid.
The powership, which arrived in August this year, has completed all requisite commissioning works, op…
Brussels Airlines, almost two years after the start of it operations in Ghana, has cemented its commitment to the Ghanaian market with the inauguration of its new offices at the Atlantic Towers, Airport City.
The new offices highlights …
Dr Dimitri Sanga, Director of the United Nations Economic Commission for Africa Sub Regional Office for West Africa (ECA SRO/WA) has said the mandate of ECA could only be achieved, when its flagship programmes are disseminated through a w…
Monarch Airlines has ceased trading and all its future flights and holidays have been cancelled, affecting hundreds of thousands of customers.
About 860,000 people have lost bookings and more than 30 planes will be sent by the Civil Avi…
Ms Esther A. N. Cobbah, the Chief Executive Officer of Stratcomm Africa, has received a Female Business Leadership Award at this year’s International Summit on African Leadership which took place at New York Hilton Midtown in the United S…
The Bank of England has published its latest "Purple Book", which sets out how banks should prepare for a crisis.
The book pulls together its thinking on regulation, including what sums banks must set aside and in what form it must be s…
Mr Jacob Gbati, Chief Executive Officer(CEO) of Global Cargo and Commodities Limited, has called on all stakeholders in the shipping industry to re arrange their policies and operations and take the opportunities that the paperless port tr…
The Bank of Ghana(BOG) has identified the non-adherence to good corporate governance as one of the major causes of a high level of loan impairment within the banking sector.
“We all agree that bad loans erode a bank’s capital; however, …
Vivo Energy Ghana, the company that markets and distributes Shell-branded products and lubricants, has launched a mega promo to reward customers for their loyalty.
The promo dubbed: ‘Shell filling no ye deep Taxi Bonanza’, has six brand…
Vodafone Ghana has launched a fibre broadband Internet connectivity in Kumasi.
This follows a similar one done in Accra to target homes and offices.
Already, 1,600 households and 700 companies in Kumasi have been connected to the bro…
Car parts of the future could be made out of a surprising material. Wood.
Researchers in Japan are working to create a strong material out of wood pulp that could replace steel parts in vehicles within a decade.
Work is also charging…
Volkswagen is taking another $3 billion charge to fix diesel engines in the United States, lifting the total bill for its emissions-test cheating scandal to around $30 billion.
The German group is struggling to put the two-year-old “Di…
Oilwatch Africa network, an environmental non-governmental organisation, has called on governments of oil producing countries to desist from the exploration of fossil fuels and rather invest in renewable energy as an alternative.
The Oi…
Mr Adam Mutawakilu, Ranking Member, Parliamentary Select Committee on Mines and Energy, says it is incumbent on the public to identify legacy projects from the proceeds of revenue emanating from oil and gas. He said there were currently ov…
Some of the world's biggest car makers have started advertising their vehicles directly to women in Saudi Arabia.
The swift move follows the official announcement on 27 September by King Salman that the country's ban on women drivers wi…
Some of the world's biggest car makers have started advertising their vehicles directly to women in Saudi Arabia.
The swift move follows the official announcement on 27 September by King Salman that the country's ban on women drivers wi…
The US economy grew even faster in the second quarter than previously thought, new figures have indicated.
The Commerce Department said it grew at a 3.1% annual rate over the three months to the end of June, up from a previous estimate …
More businesses are embracing the "buy one, donate one" model. But can they turn a profit while doing good?
New, clean underwear is one of the most under-donated items to charity, and domestic violence refuges and homeless shelters for …
Canadian High Commissioner in Accra, Mrs. Helta Camaron, has pledged to work hard to deep the economic ties between her country and Ghana.
She said they would give strong support to efforts at bringing development and transforming the l…
The 28th Chartered Institute of Marketing, Ghana (CIMG) National Marketing Performance Awards was held in grand style at the State Banquet Hall last Saturday.
Celebrated on the theme “Cause-related marketing: A panacea for national beha…
Did you know that you can spend more than $100 on a toilet seat? More than 200,000 Americans are spending more than $35 for toilet seats made in China and sold on Amazon.com (and other places presumably) when Walmart offers a toilet seat f…
China has set a deadline of 2019 to impose tough new sales targets for electric plug-in and hybrids vehicles, slightly relaxing an earlier plan to launch the rules from next year that had left global automakers worried about being able to …
Saudi Arabia is expected to sign several memoranda of understanding (MoUs) with Russian companies during a state visit to Moscow next week, industry sources said on Wednesday.
State oil giant Saudi Aramco and Saudi Basic Industries Corp…
International Cocoa Initiative (ICI) has empowered cocoa growing communities in the New Juaben municipality against worst forms of child labour in the production of cocoa.
The new Juaben municipality is one of the major cocoa growing a…
A Deputy Minister of Trade and Industry, Mr Carlos Ahenkorah, says the government wants Czech businesses to increase their investments in Ghana.
He said this when he paid a courtesy call on the Junior Deputy Minister of Foreign Affairs …
Vice President Dr. Mahamudu Bawumia has reiterated Government’s commitment to strengthening bilateral relations with China. He said the Government would like to co-operate with its partners in the areas of agriculture, infrastructure, tra…
The Executive Secretary of the Ghana Free Zones Board (GFZB), Mr Michael Okyere Baafi, has said that this is the right time to invest in Ghana, citing the execution of the government's economic transformational agenda as one of the baits f…
Universal Merchant Bank (UMB) has inaugurated a new business centre at Kasoa in the Central Region as part of measures to help strengthen the bank's service delivery to small and medium enterprises (SME) in the country.
Known as "UMB Ce…
The Executive Secretary of the Ghana Free Zones Board (GFZB), Mr Michael Okyere Baafi, says the board has positioned itself to learn about best practices from other international investment promotion agencies in the world.
He explained …
The Chamber of Petroleum Consumers (COPEC) has petitioned President Nana Addo Dankwa Akufo-Addo to review some of the tax components in the petroleum price build-up to bring relief to the citizens.
The petition, which was signed by the …
Google says it will treat its shopping service the same as rivals to prevent further European Commission fines.
And it said it would split Google Shopping from the main Google business.
The shift comes after Google was hit by a recor…
Ghana must intensify efforts to get the maximum yields from existing farmlands under the Planting for Food and Jobs programme, experts have advised. This is because wanton cultivation of new lands would lead to degradation of the enviro…
The United Nations Economic Commission for Africa (UNECA) has selected 30 Journos in West Africa to become its mouthpiece for its programmes and interventions in the region.
The Journos are to participate in a three-day workshop in Daka…
Stanbic Bank Ghana in collaboration with Markit, one of the world’s leading financial information services providers, have launched a monthly survey of business conditions in the Ghanaian private sector.
Dubbed the Purchasing Managers’ …
Mr Roland Ato Quainoo, the Chief Executive Officer, Run on Time Engineering, Ghana, has called for a national policy on industrial attachment as most students are losing out on the needed skills.
He said this was important as these skil…
The Ghana Chamber of Shipping says it welcomes with satisfaction the judgement delivered by the International Tribunal of the Law of the Sea in the maritime boundary dispute between Ghana and Cote d’Ivoire.
A statement signed by Ben Owu…
The Universal Merchant Bank (UMB) has opened a new ‘Centre for Businesses’ to accommodate the business sector in Kasoa and to leverage on the area’s diverse commercial activity. The UMB Centre for Businesses is a unique concept that is sep…
The Former Finance Minister, Mr Seth Terkper has said the maritime boundary ruling in favour of Ghana would boost investor confidence and provide certainty in the country’s economic direction. Speaking to a section of journalists on the ru…
A Diagnostic Report of Ghana’s Digital Payment Ecosystem, launched on Wednesday, shows that 86 per cent of the value of government payments are done electronically.
The Report, therefore, commended the Government for rolling out digital…
The Food and Agric Show 2017 (FAGRO) has opened in Tamale to connect players in the agribusiness sector in a bid to expand their projects for increased food production and job creation.
The week-long event, which ends on Saturday, also …
South Korea will provide support to companies hurt by trade sanctions imposed by China over the deployment of a powerful defence system.
On Thursday, the government said it would offer cheap loans and the option to defer corporate taxes…
The dollar and global borrowing costs rose on Thursday after President Donald Trump proposed the biggest shake-up of the U.S. tax system in three decades and strong data supported the case for another Federal Reserve rate hike later this y…
The Czech government has committed to further improve its economic ties with Ghana as its fifth largest trading partner in the sub-Saharan African.
The Deputy Minister of Industry and Trade of the Czech Republic, Mr Vladimir Barti, who …
The more people are able to easily and quickly pay across different geographical, demographic and other institutional barriers, the more businesses can get done.
But where are we from, where are we today and where are we going with paym…