President Nana Addo Dankwa Akufo-Addo has reiterated his government’s commitment to make agriculture the pivot of Ghana's economic and social development.
He noted that if Ghana was to make any meaningful change in the lives of the peop…
The banking industry average base rate as at the end of March stood at 26.7 per cent, data from the Bank of Ghana has shown.The data indicates a drop of 0.9 per cent in the base rate from the month- end January rate of 27.6 per cent. The d…
The Kwamanman Rural Bank has inaugurated its Head Office building at Kwamang in the Sekyere Central District, pledging to give strong support to small-scale and medium enterprises (SMEs). Mr. John Brefo, the Board Chairman, said it wa…
Airport View Hotel has held a series of activities to mark 15 years of its existence in the hospitality industry.
The hotel hosted corporate clients, suppliers and Journalists to a lunch last Thursday at the Luna Restaurant rooftop terr…
The shareholders of United Bank for Africa (UBA) Plc have approved the payment of N19.9 billion as final dividend for the financial year ended December 2016. This is in addition to N7.3billion interim dividend paid after the audit of its 2…
The management of Achimota Retail Centre (ARC) has launched a promotion to give an opportunity to three of its loyal customers to visit the Zaina Lodge at the Mole National Park in Tamale.
Through the promotion, dubbed ‘Passport to Shop…
Ghana Investment Promotion Centre (GIPC) is setting up a database of investment opportunities and investible assets in the country.
It will be made available to both investors and potential investors to enable them to make informed inve…
Indigenous engineers at the Ghana National Gas Company (Ghana Gas) have finally taken over technical operations of the country’s premier natural gas processing plant at Atuabo in the Western Region.
Consequently, the company has dispens…
Perseus Mining Ghana Limited (PMGL) at Ayanfuri, in the Central Region, has reaffirmed its strong commitment towards providing the needed socio-economic infrastructure to raise the quality of life of the people in areas, where it has been…
The study takes a look at the how the market has democratized mobile internet use, the consumer behaviors driving increased smartphone adoption and the role of mobile brands, mobile operators and m-commerce in creating a synergy of an enha…
Workers at three BMW plants in the UK are staging a one-day strike in a row over pensions.
The walkout, the first by BMW staff in Britain, is part of a wave of stoppages at the carmaker over the closure of a final-salary pension scheme.…
The continuous dwindling in the fortunes of the cashew sub-sector has ignited calls on the government to save the situation from its present quagmire.
Subsequently, the Cashew Industry Association of Ghana (CIAG) has called on the gover…
Concerns over the huge foreign dominance in the country’s recent uptake of $2.25 billion in offshore bond transaction have sparked fears of imminent exchange rate shocks when investors withdraw from the market.
Ghana sold GH¢ 3.42 billi…
The busy and congested nature of the Central Business District of Accra has been reduced as most traders have travelled to their hometowns to celebrate the just ended Easter festivities.
A survey conducted by the Ghana News Agency (GNA)…
The Africa Centre for Energy Policy (ACEP) is urging government implementing the provisions in the Petroleum (Exploration and Production) Act, 2016 Act 919, with emphasis on the award of oil contracts.
Implementing the provisions, ACEP …
The Energy Media Group, producers of Energy Ghana magazine has called on Deputy Minister of Energy Dr Mohammed Amin Adam to present copies of its quarterly bulletin to the Ministry.
Dr Adam who expressed appreciation to the Energy Media…
The Ministry of Information has launched a national policy summit aimed at regularly informing the public on detailed government strategies on revamping the economy for sustained growth.The expectation of the maiden summit is to build part…
Customers of Standard Chartered Bank Ghana can now enjoy instant transfers to the bank accounts of other banks following the Bank's successful integration of the Ghana Interbank Payment and Settlement System's (GhIPSS) Instant Pay.
Acco…
Management of Total Petroleum Ghana Limited has embarked on a campaign to meet and interact with its customers at the forecourts of all of its 230 service stations across the country. This forms part of measures by the company to enhance i…
Some personnel of the Ghana Police Service (GPS) are being equipped to help create the needed safe and secure environment for cashless transactions in the country.
This has become necessary as mobile money (MoMo) transfer is gaining gro…
A former Minister of Finance, Dr Kwabena Duffuor, said that MM sector was poised for growth because it had become widely accepted by the citizenry, therefore, it was incumbent upon banks and insurance companies to align their operations, s…
Letshego Holdings Limited, Africa’s leading financial inclusive finance group, has acquired a 100 per cent stake in afb Ghana Plc, a payroll lending company.
Letshego, a Botswana company with market capitalisation of $500 million with p…
The Minister of Lands and Natural Resources, Mr John Peter Amewu, has directed Seven Sea Salt Company, the salt mining entity at the centre of the clashes at Adina in the Ketu South District of the Volta Region, to stop drawing underground…
The Chairman of the Economic Management Team, Vice President Dr Mahamudu Bawumia, and the Finance Minister Ken Ofori-Atta are leading a government delegation to the IMF/World Bank Spring Meetings being held from April 18 – 28.
The deleg…
Mr Chris Addy Andoh, operator of the Kash Forex Bureau in Tema has called on government to control the activities of black marketers in the foreign exchange business. Mr Andoh in an interview with the Ghana News Agency said activities of t…
The Minister of Finance, Ken Ofori-Atta has directed that names of 26,589 public sector workers be removed from the payroll commencing April 2017 for failure to register on the new SSNIT biometric system.
A statement from the Public Rel…
This feature is a continuation of an earlier publication on the valuation models available to governments and their agencies, managements of corporate bodies, and investors to make meaningful and productive investment decisions. Discussion…
When people think of air travel, they picture planes full of passengers. But air cargo is as vital—perhaps more—to the global economy.
Only one per cent of exports by volume go in aircraft but because they tend to be the most expensive …
Traders in Assin-Fosu, the commercial city of the Assin Central Municipality, have moved their hawking and other trading activities from the designated markets to the streets, pavements and walk-ways.
The situation has aggravated the al…
VIP Jeoun Transport Limited, in partnership with Vivo Energy Ghana, has introduced a new terminal at the Airport Shell Fuel station to provide exclusive services to commuters from Accra to Kumasi.
Dubbed: ‘Premium Centre’, the terminal …
The Member of Parliament for Bolga Central, Mr Isaac Adongo, has disagreed with assertions from the Ministry of Finance that its recent sale of some US$2.25 billion bonds was to help restructure the country’s debt.
Rather than helping e…
The Small Taxpayer Office (STO) of the Ghana Revenue Authority (GRA) in Cape Coast failed to meet its revenue target of GH¢8,762,654.39 for 2016. The Authority fell below its target by 9.54 percent, which, therefore, puts the revenue colle…
The third IBFD Africa Tax Symposium will take place from 10-12 May 2017 in Accra, Ghana. Building on the success of the past two symposia in Zambia and Uganda, this increasingly popular event comes to West Africa for the first time this ye…
Pan-African law group Centurion and South Sudanese firm Awatkeer enter strategic alliance
Centurion is the first international law firm to establish a presence in Juba, plans to begin work with Awatkeer serving government, private and…
Akinwumi Adesina, president of the African Development Bank (AfDB), says billionaire businessman, Aliko Dangote, may become the largest exporter of rice in the world by 2021
Akinwumi Adesina, president of the African Development Ban…
A total of 14,400 cocoa farmers across Ghana are to benefit from a premium of GH¢1,147,696.00 for the 2017/2018 season.
Each of them would receive Gh¢8 as bonus on each bag of cocoa sold to the company, Utz Limited, a leading cocoa buyi…
A private banking consultant, Ms Nilla Selormey, has reiterated the need for Africa to develop a diaspora strategy that will utilise skills of returnees to harness opportunities in the continent.
She said the strategy must have clearly…
President Nana Addo Dankwa Akufo-Addo will, tomorrow, launch the government’s flagship agricultural programme, ‘Planting for Food and Jobs’, in Goaso in the Asunafo municipality in the Brong Ahafo Region.
Modelled on the highly successf…
The Vice President, Dr Mahamudu Bawumia has said the government has saved the country $300 million by reviewing and prioritising some Power Purchase Agreements.
According to him, 20 of such agreements have been cancelled, four others ha…
Shear Power Ventures, in partnership with the Rural Enterprises Programme (REP) and National Board for Small Scale Industries (NBSSI), is promoting equitable distribution of wealth in Ghana’s districts through proper implementation of the …
The year-on-year inflation rate for March 2017 fell to 12.8 per cent compared to the 13.2 per cent recorded in February 2017.
The Acting Government Statistician, Mr Baah Wadieh on Tuesday at a Press Conference in Accra attributed th…
The government has set the right economic tone in its first 100 days in office to signal a positive investment climate for the country to attract the right Foreign Direct Investments (FDIs) to boost the economy, the Chief Executive Officer…
The Nigerian government has taken key steps to consolidate gains in the country’s ongoing efforts to complete migration from the analogue television system to a digital terrestrial one.
The Federal Government has consequently awarded a…
Collective bargaining is an indispensable part of the theory of social partnership. This encapsulates the way to which labour relations thrive. Social partnership in this context may be defined as a partnership between organised labour and…
Groupe Nduom (GN) Bank on Tuesday opened a new branch at Abura Dunkwa in the Abura Asebu Kwamankese District of the Central Region to provide close-to-client banking services.
The Abura Dunkwa branch is the 32nd in the Central Region an…
Cargill has celebrated the establishment of its own Licensed Buying Company (LBC), Cargill Kokoo Sourcing Ltd, in Ghana.
The new LBC has been fully operational since November 2016, and allows Cargill to directly source cocoa from cert…
Trailer and truck drivers operating from the Tema Port have appealed to the Ghana Ports and Harbours Authority (GPHA) not to use the proposed certification and verification of their vehicles to throw them out of work.
The drivers, who e…
The World Bank cut its economic growth forecast for Kenya due to a slowdown in the expansion of loans to the private sector and a drought that may hurt output.
Gross domestic product in East Africa’s largest economy will expand 5.5 perc…
The Meridian Port Services (MPS), Tema, has been adjudged the Terminal Operator of the Year at the maiden Ghana Maritime and Shipping Awards held in Accra.
MPS was awarded for providing world-class Container Handling services, which c…
Ghana and the Czech Republic have signed a double taxation agreement to eliminate the incidence where income from both countries are taxed twice.
The Minister for Finance, Ken Ofori Atta, and the Czech Ambassador to Ghana, Margita Fusch…