Ghana Commercial Bank (GCB) on Friday announced GH¢0.06 dividend per share amounting to GH¢15.9 million.
The figure represents 42 per cent of its after profit after tax for 2008, which stood at GH¢37.59 million.
Mr Kwabena Gyi…
Parliament on Friday night passed the Appropriation Bill, approving the sum of GH¢9.79 billion for the financing of government operations in the 2009 financial year.
The motion of the approval was moved by the Finance Minister, Dr Kw…
The Lotto Industry contributed GH¢10.6 million to the Gross Domestic Product (GDP) last year, Mr Kofi Frimpong, General Secretary of Lotto Receivers Union announced in Kumasi.
He said there was expected to be increase in the revenue …
The Ministry of Trade and Industry announced
on Friday that granting of exemption from destination inspection of certain categories or values of commercial imports has been suspended.
A statement signed by the Minister, Ms Hannah T…
Dr Kwabena Duffour, Minister of Finance and Economic Planning has pledged Government's resolve to remove waste and corruption in the public service.
"The present global financial challenge and the state of the country's economy requi…
The Environmental Protection Agency (EPA), and its collaborators have completed a draft document seeking legally binding modalities for telecom operators to undertake co-location exercises.
The 26-page draft document made available t…
Mr Felix Addo, President of Ghana Association of Restructuring and Insolvency Advisors (GARIA), an association that ensures effective and efficient insolvency law, on Wednesday said Ghana needed a restructuring law to help companies grow e…
Mr. Sumant Batra, Vice-President of INSOL International, a worldwide federation of restructuring and insolvency practitioners, on Wednesday called for effective and efficient insolvency laws to protect the interest of investors.
He go…
Globacom Limited, operators of Glo Mobile, on Wednesday said the Environmental Protection Agency (EPA), was slowing the company down with delays in the issuance of permits to erect masts to start operations.
Mr Idowu Olumodeji, Head …
Six hundred members of Eburo Aba Susu Net-work scheme from Prasu, Kotokrom and Effutu Koforidua in Central Region were at the weekend given financial assistance totalling 30,000 Ghana cedis.
The money represented both individual contr…
A new financial institution, christened Marimens Group, has emerged on the Ghanaian market, to help people to file their taxes and facilitate the country's bubbling macro-industry.
The company, which was inaugurated in Accra, at the …
A new financial directory that seeks to provide holistic financial information to investors, shareholders, banks as well as the public was launched in Accra on Thursday with a call on managers of financial institutions to take advantage of…
Representatives of MTN West and Central Africa (WECA) Zone and top management from the MTN Group are meeting in Abidjan on Thursday, to share experiences acquired in their respective jurisdictions to strengthen operational links to consoli…
Some 19 agriculture extension agents drawn from 17 districts in the Eastern Region completed a workshop on seed production technology in Koforidua on Thursday.
The training programme is to enable the region to increase its seed insp…
The Customs Excise and Preventive Service (CEPS) on Thursday destroyed by burning 954 bags of expired powdered milk estimated at about 40,000 Euros or 640,000 Ghana Cedis.
Other items destroyed included foreign cigarettes, pharmaceut…
The Value Added Tax (VAT) Service is to adopt
a software that would help monitor revenue generated by the Communication Service Tax (CST) popularly known as the "Talk Tax".
Mr. Harry Owusu, Executive Secretary of the Revenue Agencie…
Mr Christian de Faria, Vice President of MTN West and Central Africa (WECA) Region, on Thursday said the company was considering consolidations with other telecom operators in their 21 operations, but stopped short of mentioning who the po…
A local fruit processor, Mr Emmanuel Agyei Safori, says most local fruit processing enterprises lack appropriate machinery to be able to process the large number of fruits getting rotten on farms.
He said many of the fruit proce…
The Ghana Medical Association (GMA) on Wednesday described as unacceptable the current form of the Single Spine Salary Structure (SSSS) saying it was flawed and lacked scientific basis.
It said the SSSS, as it affected to doctors and…
Mr. Edward T. Kareweh, Deputy General Secretary of Agricultural Workers Union (GAWU) of the Trades Union Congress of the TUC, has appealed the government to adopt measures to solve the food crisis in the country.
This, he said, would hel…
Small scale traders at Kwamoso who defaulted in the payment of women micro-credit loans from the Akuapem Rural Bank on Wednesday appealed to the bank to give them the opportunity to renegotiate the repayment schedule.
They pleaded…
The District Director of Agriculture in-charge of the Talensi-Nadam in the Upper East Region, Mr Gideon Owiredu, has advised the youth to take advantage of the government policy of 'Youth in Agriculture project' to go into farming.
Sp…
Ghana is to benefit from 100 million dollars credit from the Standard Bank Group of South Africa, towards the production of cereals, beginning from this farming season.
The amount would be given to farmers in the form of loans throug…
A GHC 10,000 fund meant for loans for women in small scale businesses in the Fanteakwa District since 2003 has not been utilized and is still lodged in a bank.
Again, five expensive gari graters purchased by the government to facilit…
The Staff of Ghana Telecom (GT) who opted for Vodafone's recent offer for voluntary disengagement are to benefit from a customized transition programme to enable them manage their detachment effectively as they seek other job opportuniti…
President John Evans Atta Mills on Monday reiterated Government's determination to create an enabling investment environment to facilitate job creation.
He reiterated that job creation and human resource development in an environme…
Cocoa Processing Company (CPC) Limited expects to significantly increase its revenue and widen its target markets this year, thanks to the completion of a five-year expansion programme that has more than doubled its throughput, its directo…
The Ghana Investment Promotion Centre (GIPC), organisers of the Ghana Club 100 awards, on Monday requested from companies, which wish to be considered for the 2009 awards, to submit their audited accounts.
Businesses willing to parti…
Southern Africa may have escaped the worst of the direct effects of the global financial crisis so far, South African Reserve Bank (SARB) economist Monde Mnyande said on Monday.
However, stronger banking regulations in southern Afric…
Chile, a Latin American country, Tuesday said it wants to enhance its commercial ties with India by upgrading the preferential trade pact it has with New Delhi since 2006.
At a luncheon meeting with apex business chambers here, visit…
Millicom Ghana, operators of Tigo, in collaboration with Google and the Ghana News Agency (GNA) on Tuesday launched a value added service to provide subscribers with internet-based information through text messaging.
The service allo…
The Tanzanian Prime Minister has criticized red-tape inefficiency for having hampered the country's investment and pledged to reduce the cost of doing business in the country.
Prime Minister Mizengo Pinda made the comment and pledge…
A new filling station named Gerrm Kissi Star Oil Service Centre was inaugurated at a ceremony at Samanhu near Tarkwa.
The occasion was used to present the awards of three lucky winners of star oil raffle which was drawn in February en…
Russian President Dmitry Medvedev has urged the creation of a new and more equitable international financial regime so as to avoid future crisis, local media reported on Sunday.
"The current crisis has shown that their activities -- …
The G20 Finance Ministers and Central Bank Governors Meeting was formally closed on Saturday afternoon after issuing a communique calling for further action to restore global economy.
The communique said G20 countries agreed further …
British Prime Minister Gordon Brown said on Saturday that the upcoming G20 Summit in London must be used to tackle the "root causes" of the global recession and reshape financial regulation around the World.
Speaking at a joint pres…
Women in Sagnarigu and Walewale have benefited from a Japanese government grant of about 86,000 US dollars to help them in the processing of shea butter in the Northern Region, to help raise their living standards.
The United Nations…
President John Evans Atta Mills on Tuesday lauded the European Union (EU) Commission for its role in the entrenchment of democracy in Ghana.
He commended the EU for its observer role in the last general election, and said it also wor…
Professor Ernest Aryeetey, Director of Institute of Statistical Social Economics Research (ISSER) on Tuesday lauded government's efforts to reduce the overall budget deficit but advised that the proposed expenditure cuts should be done in …
The Democratic Freedom Party (DFP) said on Wednesday gave a mixed reaction to the 2009 budget lauding the government for some actions but criticising it for others.
The party said the budget failed to address the most disturbing econ…
The Sekyere East District Association of Small Scale Industries (SEDASSI) in the Ashanti Region on Wednesday called on the Internal Revenue Service (IRS) to establish a tax collection office in the district to facilitate tax payment by wor…
The Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana, on Wednesday said the global economic crisis was fast taking a toll on Ghana's export earnings and remittances warning this posed "danger" to th…
Ghana is to host the 4th Global Women Entrepreneurs Trade and Investment Forum schedule for July 23 to August 2, 2009 which would bring together African women entrepreneurs and women in business across the continent.
The fair would …
In the Upper East Region there is no tomato season that passes without some farmers committing suicide as a result of frustration. As a matter of fact it has become an annual ritual.
One of the tomato farmers, Mr Nsobila Adongo, narr…
Turkish Foreign Minister Ali Babacan said Saturday that Turkey and the United States will continue to cooperate in fighting against terrorism.
Babacan made the remarks at a joint press conference with visiting U.S. Secretary of State…
The United States has postponed free trade negotiations with New Zealand to allow time for the U.S. to select a new Trade Representative, Radio NewsTalk-ZB reported on Sunday.
The Obama administration has indefinitely delayed the so …
Mrs. Juliana Azumah-Mensah, Minister of Tourism, on Saturday reiterated government's commitment to creating a conducive environment for sustainable development and growth of tourism.
She said the Ministry would continue to work closel…
The Ministry of Energy is to develop and sustain an efficient and financially viable energy sector that provides secure, safe and reliable supply of energy to meet Ghana's developmental needs in a competitive manner.
As part of meas…
Government in 2008 sold 11,000 units of Personal Computers under the Government Assisted PC Programme (GAPP) to the public, private, educational institutions and individuals.
Dr Kwabena Duffuor, Finance Minister, who announced this in…
Millicom Ghana Limited, operators of Tigo mobile service, on Thursday presented a brand new Suzuki Vitara Saloon Car to the second grand prize winner of its "Top Up and Win Promotion," at a ceremony in Kumasi.
Mr Peter Abebrese, a Kumasi…
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