Air Namibia-Ghana, has commenced direct flights from Accra to Johannesburg, South Africa and Windhoek, Namibia.
The flights, the first of which commenced on Saturday, November 21, 2009, would fly five times a week.
Dedicating a …
Cocoa and Palm plantations thrive very well in rehabilitated mining areas, Mr. James Badu, Environmental Manager of AngloGold Ashanti, Iduapriem Mines has said.
He said: "All is not lost with mine out areas as most people perceive,…
The Kintampo Rural Bank recorded a net profit of GHC 239,497.00 out of a gross profit of GHC 265,754.00 in 2008.
This represented 68.74 per cent and 68.64 increases above the previous year's amounts of GHC 157,492.00 and GHC 142,009…
The Savelugu/Nanton District Assembly has assured the Borimanga Rural Bank that it would channel its other major financial interventions,besides the Millennium Challenge Accounts, through the bank to boost its deposit mobilisation drive.
…
The District Chief Executive for East Mamprusi District, Mr. Adam Imoro, has expressed worry about the imminent danger the Gambaga/Nalerigu Dam poses as it stands to break its banks any time soon and this threatens life and property.
…
Three communities out of 22 affected by flood in the East Mamprusi District had been assisted with 40 bags of maize and 100 pieces of mats valued at GH¢2,730.
Ghana Development Communities Association (GDCA), a local non-governmental …
Dr Joe Oteng-Adjei, Minister of Energy on Monday noted that Ghana is likely to face irregularities with regulation and accurate tax assessment and collection with the production of oil and gas in
2010.
He said the ministry had ther…
The Ghana Health Service (GHS) on Monday confirmed two additional cases of H1N1 influenza, increasing the cases to
40, Dr Joseph Amankwah Director of Public Health of the Ministry of Health said in Accra.
Western Region has recorde…
The Third International Trade (INTRADE) Malaysia Exhibition 2009 has achieved the best result of raking in potential sales of 4.22 billion ringgit (1.21 billion U. S. dollars according to a statement on Monday.
The statement issued b…
A Seoul court ordered a local asset management firm and a bank to compensate 6.1 billion won, or 5.25 million U.S. dollars to over 200 investors to compensate for their losses, court officials said Monday.
According to the plaintiffs…
A Kuwait-based fund said Sunday it has inked a loan agreement worth 4.4 million Kuwaiti dinars (around 15.4 million U.S. dollars) with Cuba to finance a drinking water project in the Caribbean country.
The loan would support the reha…
Malaysian households may be able to employ Indonesian maids again by next month as Malaysia and Indonesia were discussing the matter, local media reported Monday.
The Indonesian government banned its maids from coming to Malaysia in …
Almost a quarter of the global population, or 1.5 billion people, lives without electricity, 80 percent of them in the least developed countries ( LDCs) of South Asia and sub-Saharan Africa, a new UN report showed Monday.
The report …
Representatives of the Venezuelan and Iranian governments opened on Monday the Venezuela-Iran Entrepreneurs Meeting in Caracas before a visit of the country by Iranian President Mahmoud Ahmadinejad on Tuesday.
Venezuelan Foreign Mi…
Enterprise Life in the last couple of weeks has chalked landmark achievements in Ghana and in the insurance industry in particular. Enterprise Life's achievement comes on the back drop of the fact that it started operating in September 200…
The World Bank's Board of Executive Directors has approved the Bank's new policy on access to information after extensive external and internal consultations held in 33 countries and through the Bank's external website.
The Policy r…
The Prudential Bank Limited (PB), in partnership
with MoneyGram International, a global payment system provider, has launched money transfer
service to offer customers the convenience to receive money from relatives abroad.
The se…
Mr Spencer Taylor, Executive Director of the Central Regional Development Commission (CEDECOM), on Friday pledged the commitment of his outfit to develop all aspects of the tourism sector into a holistic industry.
Consequently, the h…
Management of the Agricultural Development Bank (ADB) has teamed up with MoneyGram International, a global payment system provider, to offer money transfer services to clients throughout the bank's branches and sales outlets.
Speakin…
The total investment portfolio of the Social Security and National Insurance Trust (SSNIT) as at December 2008, stood at GH 2.2 billion cedis against GH 1.6 billion cedis in 2007.
The increase represented a growth of 32 per cent on s…
The Livestock Development Project (LDP) has introduced a new financing facility called "Credit-in-kind scheme", to allow smallholder farmers to freely acquire ruminants for rearing.
Under the scheme, the beneficiary farmers will, be …
Government is to establish 18 Rural Technology Facilities (RTFs') nationwide, to boost technology transfer and job openings, Mr John Gyetuah,Deputy Minister of Trade and Industry has said.
This, he said, would provide modern skill t…
The Convention People's Party (CPP), on Friday said the 2010 Budget lacked the vigorous sense of urgency needed to create advantages, encourage local enterprises and create jobs to ensure
sustainable prosperity for Ghanaians.
"The …
The Monetary Policy Committee (MPC) on Friday cut the prime rate by 50 basis points from 18.5 per cent to 18 percent.
The move was motivated by signs of stabilisation in prices and strong performance of the cedi against major trading curr…
The Bongo District Assembly in the Upper East Region for more than three years now had not been able to meet its set target of internal revenue mobilization.
The District Chief Executive (DCE) for the area, Mr. Clement Akugre who made…
The First National Savings and Loans Limited opened its branch in Sunyani on Friday with a call on the youth, especially students to cultivate the habit of saving as the lead their parents on the road to that virtue.
Mr. Samuel Addo-…
The Millennium Development Authority (MiDA), Ghana, has organised a day's workshop for over 60 representatives drawn from Non Governmental Organizations (NGOs) and Civil Society Organizations (CSOs) in Kumasi on Friday.
MiDA organis…
The Metro Mass Transit (MMT) Limited, a public-private partnership road transport company is undertaking a nationwide educational campaign on the right of passengers to insist on both
boarding and luggage tickets when patronising the com…
The 2010 fiscal year spending from the Consolidated Fund on pro-poor activities is estimated at GH¢2.3 billion, reflecting an increase of 28 per cent over the projected figure of GH¢1.8 billion.
This amount will go to support basic e…
Mr Eric Osei-Bonsu, Managing Director of ARB Apex Bank, has advised Rural and Community Banks (RCBs) to form strategic alliances and mergers with each other to enable them stay in competitive business.
He said such initiatives would …
People from 28 communities likely to be affected by oil production in the Western Region have appealed to the Government to institute measure that would prevent the spiriting away of revenue by oil companies.
They urged the Governme…
Small and Medium Enterprises (SMEs) rank among the least preferred for credit by lending institutions in Ho, Mr Ransford Kofi Kani, Volta Regional Coordinator of the National Board for Small Scale Industries (NBSSI), has said.
This i…
Mr. Albert Kan Dapaah, Chairman of the Public Accounts Committee of Parliament on Thursday called for the review of the criminal laws that would empower implementing agencies to mete out stiffer punishment to financial embezzlers.
"The…
Government has been asked to extend welfare packages being enjoyed by public schools to private institutions and ensure equal access of state intervention to all children as far as education was concerned.
The call was made by Mr Jo…
The Internal Revenue Service (IRS), has introduced am income tax software to assist taxpayers to properly file correct monthly income tax returns, Mr James Kwaku Nyantakyi, the acting Western Regional Director of the Service on Thursday an…
Yemen's national carrier Yemenia and European aircraft manufacturer Airbus signed Monday a deal for the purchase of 10 A320 aircraft worth 700 million U.S. dollars, state- run Saba news agency reported.
The agreement was inked by Yem…
Finnish people consumed more alcohol last year than other Nordic countries, according to the Finnish National Institute for Health and Welfare and other Nordic statistics agencies.
According to statistics, last year Finns ages 15 yea…
A delegation led by the Minister of Energy, Dr. Joseph Oteng-Adjei, has visited three of the yards involved with the construction of the Jubilee Field Offshore Floating Production, Storage and Offloading vessel (FPSO) in Singapore, accordi…
The Budget Statement and Economic Policy of the Government of Ghana for the 2010 Fical Year presented to Parliament on Wednesday, 18th November, 2009 by Hon. Dr. Kwabena Dufour, Minister of Finance and Economic Planning on the authority o…
Dr. Kwabena Duffuor, Minister of Finance, on Wednesday said government would establish an oil industrialisation plan next year to ensure judicious application of the expected revenue from oil exploration in the country.
"During the 2…
Government would continue to improve public safety by assisting the security agencies with the right logistics and motivation to facilitate the fight against crime to guarantee a safe
environment for the citizenry.
Dr Kwabena Duffu…
Dr Kwabena Duffuor, Minister of Finance and Economic Planning, said on Wednesday that government would increase the salary contribution of employees from 12.5 per cent to 13 per cent to
increase their pension benefits.
He said the …
The West African offshore gas pipeline from Nigeria to Ghana has been completed but there are few difficulties, Mr Jack Derickson, Managing Director of West African Gas Pipeline Company (WAPCo) on Wednesday announced.
In an address re…
Dr Kwabena Duffuor, Minister of Finance and Economic Planning on Wednesday, said government would focus on key areas for economic growth.
These are the oil and gas industry, modernisation of agriculture, private sector development, provi…
The Minister of Finance and Economic Planning, Dr
Kwabena Duffuor said on Wednesday that the 2010 budget gave effect to the Government's commitment to create a "Better Ghana" for growth equity and
sustainable development for all.
H…
Dr Kwabena Duffuor, Minister for Finance and Economic Planning, on Wednesday said government would expand and complete key infrastructure in the country, including power, transport and
information and communications.
He said this w…
The Bolivian government on Wednesday approved a supreme decree authorizing a contract with the People's Bank of China, China's central bank for a 60 million-U.S.-dollar loan, which will be used to improve Bolivia's hydrocarbons sector.
…
Panama and Spain signed the "Program of the Enterprise Opportunities for Poor Families" on Wednesday to reduce the poverty rates in Panama's rural zones.
According to the program, a fund of 8 million U.S. dollars will be given to Pan…
Eximguaranty is to strengthen its position as a development finance institution uniquely established to be the credit guarantee institution for exporters and small and medium enterprises (SMEs) in the productive and services sector.
T…
Mr Frank Osei-Kwaku, a teacher at the Kaasi M/A Primary School in Kumasi, has donated 60 school uniforms valued at GH¢480 to some needy pupils in the school.
He said he was touched by the plight of the children, who were always seen …
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