The Japanese Government has made available a two million US dollars grant to the Government of Ghana, to be disbursed in the form of loans, to be people in the three Northern Regions who were affected by the 2007 floods that hit the area.
…
Ghana and the European Union on Thursday signed a 1.4 million-Euro agreement for feasibility studies on the Western Railway Corridor.
The project being carried out under the Mining Sector Support Programme (MSSP) is to enable governm…
The Ghana Stock Exchange says trading is expected to revert to its offices at Cedi House on Monday December 1.
In a statement, the Exchange said trading for Thursday and Friday would continue to be done at the Auditorium of the Ghana…
UT Financial Services, a non-bank finance institution, on Tuesday listed its shares on the Ghana Stock Exchange becoming the 35th company on the official list of the bourse.
The company on September 22 launched an Initial Public Offe…
The Ghana Stock Exchange says it will adopt a three-prong approach in encouraging shareholders to deposit their share certificates into the GSE Securities Depository (GSD).
The transfer of listed securities into the national deposito…
Members of the Ho branch of the Public Services Workers Union (PSWU) of the Ghana Trade Union Congress (GTUC), on Tuesday expressed misgivings about alleged over deductions of Union dues by the Controller and Accountant General's Departmen…
Traders have been asked to desist from insulting customers during business transactions and adopt excellent customer relations to maintain them.
Mr David Kwabla Dorkenoo, Principal, Ghana Labour College, noted that customers who are…
The Third World Network (TWN) on Tuesday painted a bleak future for women traders in the African Caribbean and Pacific (ACP) countries trading bloc should the Economic Partnership Agreements (EPA) be signed.
At a workshop organised b…
The second common currency for the Economic Community of the West African States (ECOWAS) would take off by December 1, 2009, Governor of the Central Bank of Nigeria (CBN) and Chairman of West African Monetary Agency (WAMA), Chukwuma Solud…
With the economy in crisis, U.S. President-elect Barack Obama Monday unveiled his economic team pick to shore up financial markets and tackle the worst financial crisis since the Great Depression in 1930s.
Timothy Geithner, the head …
U.S. President George W. Bush said Monday that the first step to economic recovery is to safeguard the nation's financial system, defending his administration's decision to rescue Citigroup.
The decision to rescue Citigroup is necess…
South Korea will host a farm machinery exhibition that is expected to help bolster exports and facilitate development efforts by local manufacturers, the government said Monday.
The Seoul International Exhibition of Machinery, Science …
Mr Samuel Newton-Addo, Project Manager of the Ghana Co-operatives Council has expressed his concern about the delay in the approval of the council's new bill drafted two years ago.
He stated that the bill was a re-enactment of the co…
Domestic resource mobilisation and rationalisation of expenditure are key to reducing the impact of the global financial crisis on Ghana, Dr Anthony Akoto Osei, Minister of State at the Finance Ministry, said on Monday.
Speaking at r…
Some 70,000 New Yorkers lost their jobs in October, a 5 per cent increase over the previous month and the most in more than four years, according to a report available on www.nypolitics.com Sunday.
Compared with a year ago, the numbe…
Venezuela said Sunday it will seek a cut of 1 million barrels in daily oil production by the Organization of Petroleum Exporting Countries (OPEC) by the end of this year.
Energy Minister Rafael Ramirez said Venezuela is prepared to f…
The Minister of Trade, Industry, Private Sector Development and President's Special Initiative, Papa Owusu Ankomah on Saturday inaugurated a plastic recycling factory building at Aburansa in the Komenda-Edina-Eguafo-Abrem municipality.
…
The Twifo-Hemang-Lower-Denkyira district assembly mobilized a total revenue of GH¢186.00 for the third quarter of the year 2008, representing 65 percent of the targeted revenue of GH¢284,601.60.
Mr Samuel Agyeibie-Kessie, District Chief…
The GSE All-Share Index, the main measure of performance of the Exchange, fell for the second consecutive trading session on Friday as investor pessimism dominate activities.
The index dropped 5.62 points to close down at 10,563.54 p…
The Kwaebibirem Rural Bank at Asuom in the Eastern Region, last year made a profit of 119,865 Ghana Cedis as against 109,013 Ghana cedis the previous year, accounting for 10.99 per cent increase.
The bank's investment increased by 44…
Japan Motors Trading Company Limited (JMTCL), on Saturday held a test drive day for its customers in Accra.
The event that which was recently launched, has been instituted to enable customers to drive and have a feel of the two new Ni…
Reverend Dr. Mensa Anamua Otabil, General Overseer and Head Pastor of International Central Gospel Church, has urged multi-national telecommunication operators in Ghana to be work ethically and provide good services to customers.
In a …
Ghana cedi's depreciations to the Dollar and the Euro on Friday was enough to push up the Gold Coast Securities (GCS)-Cedi Index by 0.02 points despite gaining to the pound and the CFA.
The Index, the composite measure of the value o…
Total net assets of Anidaso Mutual Fund grew from GH¢179,566 in 2006 to GH¢297,254 in 2007, representing 65.5 per cent increase.
The Fund's share price on the Ghana Stock Exchange (GSE) also appreciated by 32.7 percent in 2007 as against…
Alhaji Mustapha Ali Idris, Northern Regional Minister, has reiterated government's committed to collaborate with development partners to eliminate extreme poverty and hunger in the country.
He has therefore called on local partners i…
Ghana cedi on Thursday continued fall to the dollar but appreciated marginally to the pound and the euro pushing down the Gold Coast Securities (GCS)-Cedi Index by 0.08 points.
The Index, the composite measure of the value of the Gha…
Three financial institutions have signed a tripartite agreement to help develop the informal sector by providing people with credit facilities in addition to helping informal sector workers to be part of a social security scheme.
The…
Mrs. Leticia Osafo-Addo, AGI Vice President
in- Charge of Small Scale Industries, on Thursday stressed the need for
the encouragement of large scale farming to ensure sustainable supply of
raw materials for industrial growth and deve…
A 10-member team would leave the country on November 22 to represent Ghana in the Second International Generation for Peace Camp in Amman, Jordan.
The programme sponsored by the United Nations Development Programme together with Edik…
The Information Services Department (ISD) has
created a webpage on Election 2008 on the on the government of Ghana website (Ghana portal) www.ghana.gov.gh.
A statement issued in Accra by ISD on Wednesday said the election page had i…
Nana Otubour Djan Kwesi, the Chief of Aburi on Thursday, reiterated the need for government to set-up handicraft centres in the regional capitals to boost the local economy.
He said a chunk of the nation's human resources had been gi…
Amid what are widely considered the most difficult economic circumstances since the creation of APEC, APEC ministers gathered here on Wednesday and Thursday to discuss the global financial crisis, food security, WTO trade talks and other i…
Fidelity Bank on Tuesday launched four of its new branches in Accra with the introduction of new banking products, Fidelity Agyepadee Welfare and Business products.
The branches which were all established this year were the Abossey O…
There was thunderous and spontaneous shouts of jubilation by the people of Elmina on Wednesday, when the President, John Agyekum Kufuor cut the sod for the construction of a modern fishing harbour valued at US$16 million.
The project…
Mr Emmanuel Nyarko, Volta Regional Director of the National Board for Small Scale Industries (NBSSI), on Wednesday called on government to grant tax holidays to new enterprises especially those of young people.
This would help to lay…
Mrs Rose Newman, National President of the Association of Rural Banks on Wednesday inaugurated the newly refurbished office of the Gomoa Ajumako Rural Bank at Agona Swedru.
She said the bank has disbursed a total of 200,000 Ghana Ced…
Wall Street moved higher on Tuesday after a two-day rout, as investors focused on testimonies on Capital Hill and digested upbeat earnings reports.
Hewlett-Packard, the world's biggest personal computer maker, jumped after the compa…
AngloGold Ashanti is to assist 18 families in six communities in the Obuasi Municipality to undertake piggery projects as part of the company's sustainable development initiatives.
Under the initiative, the company would ensure that …
A steady and robust economic growth of China and India is vital to help the world economy tide over the ongoing financial crisis, Bob Buckle, Chairman of Economic Committee of APEC Secretariat, said on Tuesday.
China and India have b…
France is planning to host a world summit on global economic crisis in January, the office of President Nicolas Sarkozy said on Tuesday.
The meeting would be hosted by French President Nicolas Sarkozy and Britain former Prime Ministe…
European Commission President Jose Manuel Barroso said in Strasbourg on Tuesday that European Union (EU) member states needed coordinated measures in order to prevent an economic crisis.
"We need to apply the same methods in real eco…
A Senior Chinese Official on Tuesday called for effective reforms of the international financial system to enable the world to ward off the global financial crisis, while stressing that the Chinese Government would continue to cooperate w…
European Union (EU) member states are increasingly using the possibilities offered by the recently revised EU state aid rules to better tackle the financial crisis, a report said on Tuesday.
In view of the ongoing financial crisis, t…
Israel had escaped much of the financial wobbles that stirred world markets, but the emerging market economy would not be immune in the long run, analysts said.
Israel's ability to ward off global financial ripples depends on its str…
Yahoo shares jumped nearly 10 per cent on Tuesday in the NASDAQ market, a day after co-founder of the Silicon Valley giant Jerry Yang announced that he is stepping down as Chief Executive.
Yang said on Monday that he would step down …
Mobile workers from newer European Union (EU) countries have had a positive impact on member states' economies, the European Commission said in a report on Tuesday.
"Workers from the EU-8 as well as Bulgaria and Romania have made a s…
The European Parliament on Tuesday voted to keep duty-free shopping at regional airports and at the European Union's external land borders.
This position was part of a vote on European Commission plans to update the rules on excise d…
The Bangladesh Caretaker Government has put a ban on export of all varieties of rice from the country for six months aiming to boost the supply of the staple in domestic market, a senior official said.
The Commerce Ministry Spokesman…
Wall Street opened flat on Tuesday after a two-day rout, as investors focused on testimonies on Capital Hill and wholesale prices declined sharply last month.
The US Labour Department reported on Tuesday that wholesale prices dropped…
Canadians drove their vehicles a lot less during the second three months of 2008 than they did a year earlier, likely due to the impact of soaring fuel prices at the time, according to a new report released on Tuesday.
The number of …
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