Mr Paul Ansah, the Director-General of the Ghana Ports and Harbours Authority, said the port would work towards data integrity and warned that shippers caught filing fictitious documents would suffer stiffer sanctions.
He said it had de…
Workers of the Chinese Harbor Engineering Company (CHEC) in Tema has embarked on an industrial action to back their demands for better conditions of service.
The workers who were burning with fury, on Thursday converged in front of the …
The Chief Financial Officer of Air France-KLM, Mr Frederic Gagey, has stated that he expects to start talks with manufacturers in 2019 about renewing its short-haul fleet.
Mr Gagey made the comments during a conference call to report t…
LONDON (Reuters) - Gold rose on Friday and was on track for its best week in five as the dollar softened on political turbulence in the United States, boosting bullion's safe-haven appeal.
Spot gold was up 0.5 percent at $1,253.31 per o…
MAIZE is one of the most important staple food crop grown in Ghana that meets the nutritional needs of both humans and livestock. It is a rich source of energy, vitamins and some amount of protein.
Maize ensures food security
Accordi…
The Chief Executive Officer of Stanbic Bank, Mr Alhassan Andani, has urged estate developers to invest in the interest of their residents by creating real communities that will cater for the welfare of their people.
He said in order to …
Oil prices rose on Friday, closing out a second week of gains on growing expectations that OPEC and other producing countries will agree next week to extend output cuts.
Brent crude LCOc1 settled up $1.10, or 2.1 percent, at $53.61, the…
Dun & Bradstreet (D&B) and Ghana and Invest In Africa (IIA) have signed a Memorandum of Understanding (MOU) to support small and medium scale enterprises (SMEs) to make them investor ready through credit referencing.With the signing of the…
The Ministry of Trade and Industry has taken the first step to purchase the ‘Kantaka SUV Car’ at a cost of GH?150,000.00.Mr Alan Kyeremanten, the Sector Minister, receiving the vehicle at a ceremony in Accra, said the initiative was to en…
American multinational technology company, Google in collaboration with Convergence Partners, International Finance Corporation, and Mitsui have announced a $100 million investment in CSquared, a broadband infrastructure company focused on…
Ms Yasmin Kumi, founder of Africa Foresight Group, an organisation aimed at building local companies into global champions by offering world-class, locally accessible services has won the first edition of the Authenticity Project.
Ms. K…
To be able to achieve the objective of domestication of government debts, the government as part of its strategies has considered it necessary to develop the domestic debt market.
This gives an indication that the plan has been well tho…
Gold exports hit an all-time high at 3.84 million ounces last year although a moderation in prices ensured that earnings from the precious metal still dwarfed the historic US$5.6 billion recorded in 2012.
After averaging US$1,163.2 per …
New applications for U.S. jobless benefits unexpectedly fell last week and the number of Americans on unemployment rolls tumbled to a 28-1/2-year low, pointing to rapidly shrinking labor market slack.
The economy's brightening prospects…
Universal Merchant Bank (UMB) has inaugurated a business incubation centre at Madina in the La Nkwantanang Municipality in the Greater Accra Region to support the government's one district, one factory initiative.
Known as the UMB PPP I…
British fashion brand Burberry has reported a fall in annual profits amid a "challenging" trading environment, particularly in the US and Hong Kong.
Pre-tax profits for the year to 31 March fell 5% to £394.8m as it was hit by weak whole…
Effective September 1, 2017, all Customs road barriers in Ghana are to be removed and the personnel deployed elsewhere, the Vice President, Alhaji Dr Mahamudu Bawumia has announced.
This is part of three major policy initiatives which t…
The Electricity Company of Ghana (ECG) has built a US$7.9 million primary distribution sub-station at Asamankese to stabilize power supply in parts of the Eastern Region.
Mr. Michael Baah, the Regional Manager of the Company, said it w…
Japan's economy grew faster than expected in the first three months of the year, according to official data.
The economy grew 0.5% in the quarter, while the annualised rate of growth was 2.2% - the fastest rate for a year.
The figure…
The failure of governments in West Africa to enforce the axle load limitation protocols has seen an increase in extortion of monies from drivers along major transit corridors within the sub-region.
The Secretary General of the Ports Man…
Ghana has been described as an important development partner of China on the African continent. “Since the establishment of diplomatic relations between Ghana and China 57 years ago, the two countries have enjoyed fruitful cooperation in …
Professor Aaron Mike Ocquaye, the Speaker of Parliament, has urged internal auditors to be resolute and play their roles effectively to impact positively on society.
He said Internal audits provide a number of important services to comp…
Tullow Oil says plans are underway to resume drilling next year to boost output at its Tweneboa, Enyenra, Ntomme (TEN) field once the maritime dispute between Ghana and The Cote d’Ivoire is resolved.
Mr Charles Darku, the Tullow Ghana M…
The government is seeking a cheaper alternative source of transport to pipe natural gas from Takoradi in the Western Region to Tema in Accra.
The pipeline will augment the current one, which is owned and operated by the West Africa Gas…
Airtel Ghana, a telecommunications company, has presented cheques for GHC 25,000.00 and GHC 10,000.00 to two of its subscribers for winning weekly and monthly draws of its ‘Wo Mmere Nie’ promotion.
The winners were Mr Daniel Kumafo Yaw…
The Minister of Works and Housing, Mr Samuel Atta Akyea has challenged local contractors to execute quality work when given the opportunity for the Government and Ghanaians to engage them with confidence.
“If you have a Ghanaian contrac…
LG Electronics has introduced its advanced LG Dualcool Air Conditioner with Dual Inverter technology onto the Ghanaian market.
The introduction of the new product is aimed at helping consumers save as much as 70 per cent on electricity …
The next step is to identify rituals for building and renewing physical energy. When Gary Faro, a vice-president at Wachovia, began the programme, he was significantly overweight, ate poorly, lacked a regular exercise routine, worked long …
The Ghana Tuna Association (GTA) has called for favourable policies from government to ensure that Ghana maintained her status as the Tuna hub of West Africa.
Mr John Farmer, President of the Association, in an interview with the Ghana …
Ghana Cocoa Board (COCOBOD) has announced fertiliser subsidies for farmers for the 2017 farming year.
In a statement, COCOBOD said a bag of granular fertiliser would now be sold at GH¢80, while a liquid fertiliser would also be sold at …
Ford Motor Co said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price.
Ford sh…
Cal Bank will aggressively trade in government bonds in a bid to increase its non-funded income in the coming years. Subsequently, the bank has taken its staff through the necessary training and acquired the platform needed for this new li…
Ethiopian Airlines, a German Non Governmental Organisation, humedica e.V, Aviation without Borders and the Airbus Foundation have joined forces to facilitate the transportation of nine tonnes of humanitarian goods from Toulouse, France to…
Dr Muntaka Alolor, an Economic Advisor at the Office of the Vice President, has said Government would ensure accountable and transparency in the procurement system in the implementation of the ‘Infrastructure for Poverty Eradication Progr…
Nana Ampaabeng Kyeremeh, the 2013 national best Cocoa and Cashew farmer, has appealed to the government to set a standardized price for cashew products for the industry to thrive.
He said cashew needed stable and favourable market pric…
Government has given the assurance that 70 per cent of taxpayers funded contracts in the country would be subleted to local companies in its quest to empower them to grow.
It said the private sector holds the key to creating wealth and …
The Ministry of Trade and Industry has said government is considering the option of creating a “Distress Fund” to support local industries that are economically viable but operationally weak.
The provision of the fund to industries …
The Minister of Finance, Mr Ken Ofori-Atta, has charged the newly inaugurated Governing Board of the Ghana Revenue Authority (GRA) to initiate “aggressive” measures, including the prosecution of tax evaders, to raise revenue for the state.…
Vodafone has reported an annual loss of 6.1bn euros (£5.2bn), due partly to a big write-down in the value of its Indian business.
The mobile phone giant, which operates in 26 countries, wrote down the value of its Indian unit by 3.7bn e…
Fast-moving consumer goods manufacturer, Unilever Ghana Limited, lost 4.3 per cent of its revenue to increased competition and rising cost of production last year.
In 2015, Unilever’s revenue was GH¢518.7 million but dropped to GH¢496.3…
Standard Chartered Bank has reiterated its commitment to continue its investments in Africa and the Middle East region.
Through a campaign dubbed, “No.1 Bank: power your ambitions”, the bank said it would continue to come out with innov…
Corporates will benefit from invaluable insights, rethinking Africa’s financing and investments
As one of the foremost events on the international Oil and Gas calendar, the 16th Africa Independents Forum to take place in London over 24t…
As part of the Ghana @ 60 celebrations, Precise Communications Limited would host the maiden annual Ghana Finance Week in October to educate and inform the public about the various financial products that could enhance their lives and busi…
Ghana is to host the fourth Annual Conference of the African Federation of Institutes of Internal Auditors (AFIIA), the regional body of the Global Institute of Internal Auditors in Africa, to deliberate on risk management and corporate go…
The Ghana Oil Company Limited (GOIL) has set May 18 for its 48th Annual General Meeting of Shareholders, to receive and consider the reports of the Auditors Financial Statements for the year, which ended December 31, 2016.
“The Board of…
Ghana's inflation rate which over the past seven months witnessed declines on account of government’s determination at stabilising the economy failed to ease in April.
The ripple effects of the recent upward adjustments of transportati…
Vice President Dr Mahamudu Bawumia, on Monday gave the assurance that Government would break the circle of fiscal indiscipline that characterise government expenditure during elections.
“We the politicians must be kept in check because…
The Association of Ghana Industries (AGI) Construction Sector Executives have called on the Minister of Business Development Mr Mohammed Awal and the Chief Executive of the Public Procurement Authority Mr. Agyenim Boateng Adjei.
The vis…
Mr Vincent Blaychie Essien, Chairman of the Board of Directors of the Ahantaman Rural Bank Limited said the imposition of high rate of corporate taxes on rural banks was gradually affecting the operations of most rural banks in the countr…
The Cola-Cola Bottling Company of Ghana (TCCBCG) has won the “Bottling Company of the Year” and the “Beverage Manufacturing Company of the Year” awards in the Ghana Manufacturing Awards ceremony held in Accra.
The Ghana Manufacturing A…