HFC Bank (GH) Limited is zealously positioning itself to leverage on its electronic platform to provide customers with good and reliable quality services that meet their demands.
Speaking in an interview with the GNA on e-banking serv…
The Timber and Woodworkers Union, has protested against the recent increases in electricity and water tariffs, saying, it would badly hurt the timber industry.
A statement signed by the General Secretary, Joshua Ansah, in Kumasi said …
Nana Otuo Acheampong, Head of Faculty of Corporate Reporting and Investment Banking at National Banking College, on Tuesday called for the merger of the four financial regulators into single unit regulatory regime.
He said a single r…
Mr Yu Wenzhe, out-going Chinese Ambassador to Ghana, has re-affirmed China's support to Ghana's socio-economic development.
Mr Yu made the affirmation during a courtesy call on Mr Alban S.K. Bagbin, Minister of Water Resources, Works…
The Eastern Regional Council of the Timber and Wood Workers Union (TWU), says the recent increase in tariffs by the Public Utility Regulatory Commission (PURC), will have a negative effect on the wood industry.
At an emergency meetin…
The Agricultural Development Bank (ADB) is poised
to expand its operations into areas where potentials for agricultural production are high.
This is to ensure that the average farmer would not travel far to access credit.
Mr…
Shares of UT Financial Services would now trade under the name of a new entity UT Bank.
This follows the listing on Wednesday of 91 million shares issued to acquire UT Bank and the consequent change of name on the Ghana Stock
Excha…
Micro and Small Scale Entrepreneurs have been urged to protect their creativity by registering their products and services under intellectual property rights, to enable them have exclusive rights over their innovations.
Mr Kwame Fosu…
The following are the average inter-bank exchange
rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Wednesday, June 16,
2010.
GHANA CEDI EQUIVALE…
A two-day workshop on advocacy, monitoring and evaluation for implementation of community action plans initiated by Abono Organic Farming Projects (ABOFAP) under the auspices of Care International-Ghana, has ended.
The workshop organ…
Deputy Minister of Energy, Armah Kofi Buah, on Wednesday said government would ensure that companies operating in the oil and gas sector adhered fully to environmental laws governing the sector.
Speaking at the signing of a petroleu…
Ghana Revenue Authority (GRA), the body mandated
to oversee and regulate activities of all revenue agencies has launched its vision statement and logo with a promise to effectively raise money for nation building.
The agencies whic…
The GSE All-Share Index suffered a further
decline on Wednesday, going down 41.8 points to close 6,433.91 points from 6,476.54 points.
Traded volumes closed the session lower at 314,621 shares valued at GH�492,332.77.
On th…
More than 120 buyers have already registered for
DISCOP AFRICA 4, scheduled for September 1- September 3, in Nairobi, Kenya.
A statement issued and copied to Ghana News Agency in Accra on Wednesday said DISCOP AFRICA 4, would focu…
BP has collected about 127,000 barrels of oil from the Gulf of Mexico spill since installing a container cap June 3, the company said Monday.
In addition, workers transferred about 115,000 barrels of collected oil from storage on the Disc…
Mainland China and Taiwan have completed a third round of trade negotiations that could lead to lower tariffs on hundreds of products, trade officials said.
The list of items set for import tax reductions includes 200 products from mainla…
Workers returning to their jobs after a strike were intentionally slowing down factory production, Honda Motor Inc. in China said Monday.
Management at the Honda Lock plant in Zhonhgshan offered workers raises of $30 per month, which ende…
Almost $1 trillion in mineral deposits -- much more than previously believed -- have been discovered in Afghanistan, The New York Times reported.
U.S. officials said the vast amount of metals could turn the war-ravaged country into a worl…
U.S. markets rose early Monday, following an upswing in Asia and Europe, as France joined a growing list of countries proposing to cut government spending.
The French austerity package would cut spending and raise revenue for a combined s…
The Dormaa Municipality is to cultivate a total of 300 hectares of cereals and tomato, this year, under the government's on-going block farming projects.
Three hundred youth in the municipality would also be engaged to cultivate unsp…
Indians are the third fastest growing foreign investors in the United States, a top Obama Administration official said on Monday, acknowledging the positive contribution of India in the US economy at the time of recession.
"India is…
The GSE All-Share Index slipped again on Tuesday, losing 36.91 points to close 6,476.54 points from 6,513.45 points.
Traded volumes closed the session seven times higher at 750,336 shares valued at GH�390,246.31 compared with 144,9…
Mr. Jonathan Adabre, the Upper East Regional Manager of the Integrated Social Development Centre (ISODEC), has appealed to the government to commit resources to bridge the development gap
between the north and the south.
He sai…
The following are the average inter-bank exchange
rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Tuesday, June 15, 2010.
GHANA CEDI EQUIVALENT…
The Bhopal gas tragedy and developments following it should not become an impediment in seeking American investment in India though the issue of
liability in case of an industrial accident should be resolved, noted industrialist Rajan Bha…
Governments largely restrained themselves from initiating trade restrictions, even as India, Argentina and China were among the top initiators of anti- dumping probes during January-April 2010, a report said on Monday.
During the fi…
India and China are expected to see the highest-ever rise in private equity investments from new and existing investors over the next two years, a survey by global PE firm Coller Capital said.
As per the bi-annual survey of trends i…
As it bets on a good monsoon for food prices to ease, the Indian government on Tuesday said the
Reserve Bank of India will consider appropriate policy actions to tighten money supply to bring down inflation.
Wholesale prices-based…
Dr. Osborn Fiifi Ofori, a Malaysian-based Ghanaian industrialist has stated that the new tariffs released by the Public Utilities Regulatory Commission was not only harsh for consumers, but inimical to Ghanaian industries.
He said if …
Crude oil prices rose to nearly $75 per barrel in New York Thursday after the world's largest oil cartel said it would not need to increase production soon.
The Organization of Petroleum Exporting Countries June report said a predict…
The Agricultural Research Centre (ARC) of the
University of Ghana (UG) has developed an Aquaculture Project to culture tilapia in commercial quantities to serve as a source of funding for its (ARC) activities.
The project, also kno…
As multilateral lending agency IMF may need more funds to help countries facing a sovereign debt crisis in Europe, India plans to pledge additional
support of USD 4 billion to the fund.
This would increase India's total commitment …
The following are the average inter-bank exchange rates of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Monday, June 14, 2010.
GHANA CEDI EQUIVALENT OF …
HFC Bank will sign an agreement with Visa, a US global payments technology company, to broaden its payment base and increase access of customers to their funds.
Visa connects consumers, business, financial institutions and governmen…
Vice President John Dramani Mahama on Monday hinted that government would work closely with the Scandinavian countries in order to achieve the country's social democratic objectives.
"The Scandinavians have been noted for their focus…
The Tema Collection of the Customs, Excise and
Preventive Service (CEPS) has instituted measures to ensure that the euphoria associated with the 2010 FIFA World Cup in South Africa does not
affect revenue collection.
The measures…
Workers of the Upper East Regional branch of the Trade Union Congress (TUC) at the weekend appealed to government to reduce the recently increased utility tariffs, complaining that they could not afford it.
The workers said the curre…
The GSE All-Share Index continued with its downward slip on Monday, going down 85.52 points to close 6,513.45 points from 6,598.97 points on Friday.
Traded volumes closed the session at 144,998 shares valued at GH�104,907.52 compar…
Authorities of the Anti-revenue Leakages Special Monitoring Team at the weekend observed that most of the activities that leads to revenue loss to the State are artificially created by people
to divert money into their pockets.
Mr …
Government has abolished the coupon system used in the purchase of fertilizer by farmers on account of its high overhead and administrative costs.
Other reasons cited include the diversion of the coupons from the intended target bene…
Mr. Eric Osei-Bonsu, Managing Director of ARB the Apex Bank Limited, has suggested the enforcement of quality human resource and incentive policies to enable rural and community banks (RCBs) to deepen microfinance for rural development.
…
A total of 47,000 youths have so far been employed under the Youth in Agric Block Farming Programme (YIABFP) initiated by government in 2009.
The project has harvested 3,400 metric tons of combined selected crops from 11,500 hectares…
To woo the pulses farmers to sell their produce to the procurement agencies, the Indian government has announced a Rs 5-a kg incentive to the growers, on top of the higher support price that it had announced last week.
The incenti…
A penny less from his stock means a penny more for his home. Such is the business of Salim, who sells vintage coins to sustain his family here.
On the pavement in front of the sprawling government secretariat complex here in Kerala …
British energy giant BP PLC says it has so far spent about 1.43 billion dollars containing the Gulf of Mexico oil spill, the worst environmental disaster in American history, as the company continues to deal with the nightmare in markets a…
The management of SG-SSB Limited, local unit of
Societe-General, said it would strategically ensure development and availability of appropriate financial services and delivery channels.
Mr Alain Bellissard, Managing Director, told …
The Ghana Banking Survey 2010 has noted that the liquidity and capital base of banks in the country had improved compared to previous years.
However, at the same time, quality of bank loan book had deteriorated and industry profitabi…
Controller and Accountant General, Mr R.K. Tufuor has proposed a two-month respite to enable the Controller and Accountant General's Department (CAGD) run a test result on the Single Spine Salary Structure (SSSS) to enable stakeholders mak…
The Ghana Investment Promotion Centre (GIPC) is to lead a delegation of business executives from Ghana's public and private sectors on an investment promotion mission to Turkey, Middle East, Abu Dhabi, Dubai and Iran from June 17 to July 2…
The Agricultural Research Centre of the University of Ghana, has developed an aquaculture project to produce tilapia on commercial quantity to serve as a source of funding for the Centre.
The project, also known as Cage Fishing, invo…