The Aflao Sector of the Customs Excise and Preventive Service (CEPS) collected Gh¢47,250,930.39 in 2008, 6.52 percent more than that of 2007 of Gh¢44,359,973.82.
Mr Emmanuel Impraim, Assistant Commissioner of CEPS, who is the Sector …
Mr. Joseph Kwabena Onyinah, Ashanti Regional Director of Education has asked board and management of Credit Unions (CUs) to design innovative strategies that would make them more relevant and remain in business.
He said with the influx o…
Mr Joseph Kwabena Onyinah, Ashanti Regional Director of Education, has asked boards and managements of Credit Unions (CUs) to design innovative strategies that would make them more relevant and to remain in business.
He said with the inf…
Members of the Seed Producers Association of Ghana (SEEDPAG) has appealed to the government and all other financial institutions to make loans ready for farmers in March every year to enable them to prepare their fields adequately to incre…
Indian Prime Minister's Economic Advisory Council on Friday lowered the nation's growth forecast for the current fiscal year to 7.1 per cent, reported Indo Asian News Service.
The council had earlier projected India's growth at 7.7 p…
The Tease branch of the Dangme West Mango Nursery Producers Association (D. W. MANUPRA) on Saturday held a sensitization forum to streamline the activities of its members.
The forum also aimed at creating awareness about challenges f…
Rationing of electricity to the South African mining industry is to remain in force, the South African Minerals and Energy Minister Buyelwa Sonjica said on Saturday.
"Rationing was an instrument used to relieve tension. We are not lo…
Visiting Venezuelan President Hugo Chavez on Saturday met with his Colombian counterpart Alvaro Uribe in the Caribbean port of Cartagena to discuss economic exchanges and cooperation.
During the 7-hour meeting, both sides agreed to b…
Leader of Canada's Liberal Party Michael Ignatieff on Friday accused Prime Minister Stephen Harper of playing political games ahead of next week's federal budget and urged him not to do so.
Ignatieff said the government's leaking of …
UN Secretary-General Ban Ki- moon said at the United Nations on Friday that he expected the Group of 77 (G-77) and China to "play a strong and constructive role" as the world at large is dealing with the global financial crisis, the climat…
Illinois Governor Rod Blagojevich, who was accused of selling US Senator seat vacated by President Barack Obama, said on Friday that the move to oust him from office was a plot to raise taxes.
In an interview with a local radio progr…
Ghana Cocoa Board (COCOBOD) on Thursday dismissed rumours of a reduction in the producer price of cocoa and asked farmers the public to ignore them.
A statement issued by the Public Affairs Department of COCOBOD stressed that the pri…
A growing number of college freshmen are having a hard time to continue their studies on university campuses due to the worsening economic crisis, according to a new survey.
For lack of funds, more and more college freshmen are looki…
Poland will be active in the EU to prevent a gas crisis of recent weeks from happening again, Poland's Foreign Minister Radoslaw Sikorski said on Thursday.
The recent Russian-Ukrainian gas crisis made Poland's arguments more credible…
The European Union (EU) is narrowing the gap with the United States and Japan in innovation, but remains weak in innovative investments, according to reports published on Thursday.
The 2008 European Innovation Scoreboard (EIS) shows …
The US Senate Finance Committee on Thursday approved Timothy Geithner to head the Treasury Department under President Barack Obama's new administration.
The approval cleared the way for a final vote on Geithner's nomination in the fu…
Treasury Secretary-designate Timothy Geithner said on Thursday that he supported a strong dollar.
"A strong dollar is in America's national interest," Geithner said in written answers to questions from members of the Senate Finance C…
Canadian businesses' productivity is at a disadvantage compared with their global peers, according to a new study of productivity in 12 major industrialized nations.
Proud foot Consulting released its eighth annual Global Productivit…
Software giant Microsoft announced on Thursday that it would slash 5.5 per cent of its jobs "in light of the further deterioration of global economic conditions."
The cut would affect 5,000 of its nearly 90,000 employees, and 1,400 l…
The world's largest mobile phone maker Nokia said on Thursday its profit dropped 69 per cent in the fourth quarter of last year due to falling sales and lower prices for its mobile phones.
Nokia's Q4 net sales fell 19.5 per cent to 1…
The European Union (EU) current account deficit shot up to 39.5 billion euros (about 51.3 billion U.S. dollars) in the third quarter of 2008, the EU's statistics bureau Eurostat said on Thursday.
The deficit was dramatically revised …
A senior customs officer has called for urgent decisive interventions and concrete initiatives to exploit the national tax revenue potential, increase revenue exponentially to help reduce the budget deficit.
Mr Pius Paabedu Austin, w…
Cal Brokers Limited on Friday launched a trading platform, which will provide investors online trading tools and information to enable them to buy shares, track and monitor performance of listed securities on the Ghana Stock Exchange.
…
The flow of Russian natural gas into Greece via Bulgaria was restored on Thursday, the Greek Public Gas Corporation (DEPA) announced.
DEPA said that the supply of Russian natural gas to Greece stopped on Jan. 6 due to the Russian-Ukr…
Canada will run a deficit of 64 billion Canadian dollars (51 billion U.S. dollars) over the next two years as the government moves to stimulate the economy with shrinking revenue.
Under the new budget to be tabled next week, the coun…
U.S. Treasury Secretary- designate Timothy Geithner vowed in a document released on Thursday to deepen U.S.-China economic relationship which he termed as "one of our most important relationships."
"The U.S.-China economic relationsh…
The Obuasi mine under Anglo Gold Ashanti is still viable and needs heavy investment by the management, Otumfuo Osei Tutu II, Asantehene on Friday noted.
He indicated that the current annual production of about 350,000 ounces of gold …
About 150 businessmen and women at Nkoranza, have registered with the Business Advisory Centre (BAC) under the National Board for Small Scale Industries Businesses (NBSSI) for assistance to grow their businesses.
Mr Duut Sebastian, …
The World Economic Forum (WEF) will open its annual meeting in Davos next week with an aim to address a series of global challenges, particularly the financial and economic crisis, the organization said on Wednesday.
As well as looki…
Treasury Secretary-designate Timothy Geithner apologized on Wednesday for late payment of over 34,000 dollars in income taxes earlier the decade.
"These were careless mistakes. They were avoidable mistakes." Geithner told the Senate…
The country's over liberalized trade system has badly affected the rice industry and this has to be reversed, Mr. Fidelis Avogo, Executive Secretary of the Ghana Rice Inter-Professional Body (GRIB), said on Thursday.
"Although GRIB i…
The demand from emerging economies such as China and India will help the British economy sail the recession tide, according to economist Prof David Greenaway.
Stating that the world was moving through 'extraordinary times', the vice …
The Sinapi Aba Trust, a financial Non-Governmental Organisation (NGO), has within the last five years trained about 900 youth across the country to acquire various employable skills under its Youth Apprenticeship Programme (YAP).
The…
Livestock farmers in the Northern Region on Tuesday appealed to the government to, as a matter of urgency, to adopt a more regulated approach to address the cross border movement of Fulani herdsmen to ensure sanity in the livestock industr…
The Takoradi Sector of the Customs, Excise and Preventive Service (CEPS), collected import duties of 90,187,485 Ghana Cedis last year as against a target of 78,660,000 Ghana Cedis, Mr. Anthony Sewor, the outgoing sector commander, announce…
Arab leaders on Tuesday agreed to help rebuild the war-battered Gaza Strip and promote Arab economic and social development amid rifts exposed by the Israeli offensive on the Palestinian territory.
Leaders of the 22-member Arab Leagu…
The Government Transition Team's sub-committee on the Economy will hold a press conference on the state of the economy on Tuesday, according to the Hanna S. Tetteh, Spokesperson of the Transition Team.
A statement from the Transition …
Management of Business Advocacy Challenge (BUSAC) Fund has released GH¢9,600 out of an estimated GH¢25,000 to 150 members of Drinking Bar Operators Association in Bekwai Municipality, Amansie Central and Bosome Freho Districts in Ashanti R…
Pakistan Prime Minister Yousuf Raza Gilani would interact with world leaders and seek the support of the global business community for enhanced investment in the country during his visit to the World Economic Forum (WEF) in Davos.
Th…
South Africa's Minister of Finance, Trevor Manuel last Friday addressed a news conference at a meeting of the Committee of Ten (C10) recently created by African Ministers of Finance and Governors of Central Banks.
Mr. Manuel said th…
A high-level business delegation from Britain on Monday held series of meetings with Indian officials and industry leaders to explore avenues for cooperation in civil nuclear sector.
The 20-member delegation led by British Secretary …
At the coming G20 summit in London, India and the UK would press for reforms in the World Bank and IMF to strengthen the new global financial system in the face of the worst downturn since the 1930s.
Sharing a dais at the Confederati…
The Government transition team's sub-committee on the economy has postponed Tuesday afternoon's press conference to give details on the state of the economy.
Mr Richard Quashigah, speaking on behalf of Ms Hanna S. Tetteh, Spokesperso…
Organised labour says it has written to President John Evans Atta Mills seeking audience with him to discuss the details of the recent salary increase and issues relating to the single spine salary structure.
It has therefore asked m…
Workers of former Western Veneer and Lumber Company (WVLC), a state owned timber firm in Sekondi that was divested to ASD Limited, have alleged that the company was sold under dubious circumstances and call for investigations.
They als…
Mr. Yoku Korsah, Chief Operating Officer Ghana Interbank Payment and Settlement Limited (GHIPSS), has asked members of the Association of Ghana Industries to consider using the e-zwich in the payment of salaries and wages of their employee…
The Chief Executive Officer (CEO) of the Millennium Development Authority (MiDA), Ghana, Mr Martin Eson-Benjamin on Thursday pointed out that achieving food security would continue to be an illusion if the country fails to offer the requir…
Wenchi Municipal Secretariat of the Ghana National Association of Teachers (GNAT) in collaboration with Ghana Education Service (GES), has established a co-operative credit union to support teachers in the municipality.
The Wenchi Mu…
Dr Paa Kwesi Nduom, Presidential Candidate of the Convention Peoples Party (CPP) in the recent general polls, has tasked Ghanaian traders to endeavour to make judicious use of the loans given to them by financial institutions.
He sai…
U.S. Secretary of State-designate Hillary Clinton has proposed renegotiation of the free trade deal with South Korea, citing an imbalance in auto trade and restrictions in beef shipments.
"If the South Koreans are willing to re-engage …
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