Farmers and researchers from four West African countries are holding a three-day international farmers exchange forum in Wa, to exchange ideas on best farming practices.
The farmers who are from Mali, Burkina Faso and Ghana would al…
The Twifo Rural Bank in the Central Region recorded a profit before tax of GH�36,634.00 in 2009 to reverse a loss of GH�99,867.00 posted in the previous year.
Mr Eric Osei-Bonsu, Managing Director of ARB Apex Bank Limited, the um…
A Coalition of Christian Churches on Tuesday described as an inhibition to transparency, the attempt by a joint select Parliamentary Committee on Energy, Mines and Finance to amend some provisions in the Petroleum Revenue Management Bill 2…
Mr John Oremus Arkoh, the District Chief Executive for Agona East, has appealed to Rural and Community banks to pay dividend regularly to shareholders to attract other corporate bodies to increase their share capitals.
Mr Arkoh said th…
The management of Tigo mobile telecommunication company on Monday launched its new Christmas Bonanza promotion aimed at rewarding its loyal customers and help change their lives as well.
Ms Ama Daaku, Commercial VAS Manager of Tigo,…
The Building and Road Research Institute (BRRI) Credit Union at Fumesua, near Kumasi, on Tuesday inaugurated a GH�92,035 permanent office complex to enhance its operations.
The project, which was started in year 2007, has facilities fo…
Ms Betty Bosomtwi-Sam, the Deputy Western Regional Minister, has called on businesses and individuals in the region to adopt proper measures to ensure maximum benefits as the oil fields start operating.
"I wish to remind you that in …
Gold and silver prices here surged to new record levels Tuesday on frantic buying by stockists and jewellers, triggered by a strong rally in overseas markets.
Gold was up by Rs 265 to Rs 20,600 per ten grams and silver rose by Rs 1,…
Dr Nicholas Westcott, British High Commissioner to Ghana, on Monday said, the British Council has resolved to promote effective partnerships between schools in Ghana and Britain, for the mutual benefits of the two countries.
He said …
US President Barack Obama's visit which concluded here Tuesday will lead to a "burst of economic activities" for the Indian entrepreneurs in high-tech areas, an elated industry chamber said.
According to a section of the Indian indu…
The Ghana Cocoa Board (COCOBOD) on Tuesday spiked claims that Vice President John Dramani Mahama influenced its decision to lift the ban on a cocoa buying company it had banned for involvement in cocoa smuggling on the western corridor.
…
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, November 10, 2010.
GHANA CEDI EQUIV…
Germany is staunchly against setting limits on current account balances at the Seoul G-20 summit, Chancellor Angela Merkel said, attesting to a great divide on the U.S.-led proposal to end currency conflicts.
In a meeting with South K…
The Northern, Upper West and Upper East Regions (three Northern Regions) are yet to attain middle-income status despite the fact that Ghana has recently achieved that status.
Dr. Sulley Gariba, Development Policy Advisor, who made th…
Participants at a Workshop on Foreign Policy in Ghana's Emerging Oil Economy have called on Government to address promptly and peacefully any local discontentment that might emerge from the oil find.
They contended that this should …
Mr James Amani Amizi, Lecturer at the Central University, said Ghana's current economic situation demanded that people had multiple professions to be able to make ends meet.
He said having multiple professions was a great advantage s…
Ghana on Monday reaffirmed its faith and commitment to trade and bilateral ties with Sweden and gave an assurance to finding ways to increase and strengthen the ties for mutual benefits.
Consequently, Ghana's President John Evans At…
The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Exchange, rose by 121.28 points to 6,900.34 points in trading on Tuesday.
The change for the year to date is 23.83 per cent.
Gainers for the sessi…
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, November 9, 2010.
GHANA CEDI EQUIVALE…
Human Resource Departments have been advised to tap into the Credit Unions' capacity to garner cash for on lending to members, as bedrocks of their welfare policies.
Mr Washington Agboka, Board Chairman of the Ghana Water Company (GW…
The British Government has affirmed its commitment to working closely with the Government of Ghana for the realization of its development goals.
Dr Nicholas Westcott, the British High Commissioner to Ghana, said the two countries sha…
India's Finance Minister Pranab Mukherjee Monday said the US remains a prime source of investment and an important trading partner for India.
"Economic policy, finance and trade constitute important planks of our bilateral relations…
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 Monday, November 8, 2010.
GHANA CEDI EQUIVALEN…
China said Monday it was a rightful move for the International Monetary Fund (IMF) to make a recent proposal allowing the world's second-largest economy to have a bigger voice in the global lending agency.
The IMF, which has been under…
Wacam, human rights and mining advocacy nongovernmental organisation, has called on the Government to investigate the causes of death of 15 persons in the course of the operations of Newmont Ghana Gold Ahafo Mine.
Government should als…
Below is the full text of a letter Mr Daniel Owusu-Koranteng Executive Director of Wacam, a human rights and mining advocacy, nongovernmental organisation, sent to the Minister of Lands and Natural Resources.
"Official documents o…
US President Barack Obama Monday announced the launch of a new partnership with India in the agriculture sector for an "Evergreen Revolution" to achieve global food security.
"Building on Indian and American agriculture collaboratio…
India Monday asserted that it was not in the business of stealing American jobs, even as US President Barack Obama said that deals with India to create 50,000 jobs back home were aimed at assuaging citizens' fears.
"India is not in …
Top CEOs from India and the US, including Tata group chief Ratan Tata, Pepsico CEO Indra Nooyi, RIL chief Mukesh Ambani and Citigroup CEO Vikram Pandit, met Monday ahead of their meeting with President Barack Obama at Hyderabad House here…
The US Monday said infrastructure development in India is its top business priority and allayed concerns about protectionism in the American economy.
"Infrastructure is an important area and within that power generation, alternate e…
Your Royal Highnesses, Excellencies, Ladies and Gentlemen,
Let me begin by expressing the gratitude of all of us here for the leadership of the Netherlands in convening this important conference. It is appropriate that the Netherlands sho…
Ghana Revenue Authority (GRA) is to involve key stakeholders in local communities along the country's borders in its operations to enhance efficiency towards the achievement of its targets.
The Authority believes the measure would en…
The Wa Municipal Assembly has paid off all its outstanding debts, completed all outstanding projects and has started to initiative new projects with its share of the District Assembly Common Fund, Mr. Duogu Yakubu, Chief Executive, has sa…
Mr Alex Tettey-Enyo, Minister of Education, has asked banking institutions to fulfil their commitment to the public by hiring professionals to deliver better services to their clients.
He said bankers were expected to be people of in…
Ghana and Germany have signed an agreement for financial cooperation for the period 2010-2012 amounting to 107.5 million Euro, or approximately GH�196 million.
A statement from the German Embassy in Accra on Friday said The Agreeme…
Revenue collection by the Oguaa Metropolitan Assembly increased considerably since it was privatized in January, Mr Anthony Egyir Aikins, the Metropolitan Chief Executive, has said.
He said about 70 per cent of revenue for the year h…
Ghana's Gross Domestic Product (GDP) has gone up more than 60 per cent after a statistical re-basing of the economy to capture new sectors such as oil exploration, forestation and telecommunications, Dr Grace Bediako Government Statisticia…
The Sefwi-Osei-Kojokrom Collection Point of the Customs Excise and Preventive Service (CEPS), has for the first time in five years exceeded its revenue target by more than 100 per cent.
The Base Commander, Chief Collector David Y. Bi…
Ghana's conducive business environment continues to attract more investors as she registered 97 new projects in the third quarter of 2010 representing an increase of 19.75 per cent compared to 81 projects registered in the corresponding qu…
Africa must reduce aid-dependency and foster new alternative sources of development finance, the African Development Bank (AfDB) President, Mr Donald Kaberuka, has said.
Speaking at the opening of a two-day Second Regional Meeting on…
India is among the 40 most-improved economies since 2005 which made significant changes in improving business regulations at a steady pace, the International Finance Corporation, a wing of the World Bank, has said.
"Since 2005, Indi…
Ghana remains the easiest place to do business in West Africa and ranks tops in the easy registration of property and payment of taxes, the Accra Office of the World Bank said on Thursday.
A release from the Bank made available to th…
Ghana has moved up ten places to 67 in the rankings of doing business in the world, thanks to two new reforms that led to enhanced credit availability, the International Finance Corporation said (IFC) on Thursday.
Ghana ranks topmost …
The Hunger Project (THP)-Ghana has supported 160 petty traders and farmers in the Akuapem South Municipality with GHC 18,300.00 in micro credits.
Whilst 110 of the beneficiaries who were women received GHC 13,050.00, their 50 male co…
A GHC 26,000 bakery for Evangelical Church of Ghana has been inaugurated at Onyinase in the Techiman Municipality.
The facility, funded by a group of 15 philanthropists in Holland with the church's support, is expected to offer emplo…
The Urban Agriculture Network (URBANET), a non-governmental organisation (NGO), has called for the revamping of agricultural institutions to improve food security in the country.
Mr. Zakaria Abdul-Rashid, Coordinator of the URBANET,…
Metropolitan, Municipal and District Assemblies (MMDAs), have been urged to prioritize the development and promotion of business activities in their areas.
Madam Hannah Tetteh, Minister of Trade and Industry, said this would not only hel…
Ghana is to have a National Tourism Law, which will address pertinent weaknesses in the tourism sector by establishing the National Tourist Authority.
The mandate of the Authority would be to regulate the tourism industry and develop…
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 Friday, November 5, 2010.
GHANA CEDI EQUIVALEN…
The United States will continue to command its economic influence over the Asia-Pacific region, although China has emerged as a new power, a British scholar said Friday.
"Is the U.S. economic star on the wane? To some degree, yes," Mic…