India and South Africa have formed four working groups on sectors like energy, mining and financial services in a bid to boost bilateral trade from the current USD 7.7 billion.
Commerce and Industry Minister Anand Sharma, who is le…
The Ghana Stock Exchange (GSE) All-Share Index,
the main market indicator, dropped 84.05 points from 6,821.80 points on Tuesday to 6,737.75 points Wednesday.
The Change Year to Date now stands at 20.91 from 22.42 recorded at the pre…
South Korea plans to provide further incentives
to attract more foreign investment into the country's free economic zones and boost development of the regions, officials said Wednesday.
South Korea first designated Incheon, west of S…
OCI Co., South Korea's largest maker of polysilicon, said Wednesday it has received a 261 billion won (US$220 million) order to provide the material used in solar-panel cells.
Under the deal with ReneSola Ltd. of China, the world's lar…
The Ministry of Trade and Industry is in the process of formulating a five-year national export strategy, focusing mainly on increasing non-traditional export earnings from $1.2 billion to $5 billion by 2015.
Consequently, investor…
Vice President John Dramani Mahama on Wednesday
gave assurance that Ghana would not hesitate to support its neighbours with its resources anytime the need arises.
"We are all neighbours and therefore need to be interdependent on each o…
Vice President John Dramani Mahama on Tuesday said
the government does not consider the discovery of oil and gas as a magic wand of the country's economy.
"Instead, we see the oil and gas discovery as the catalyst that will attract ec…
Dr Kanayo Felix Nwanze, President of International Fund for Agricultural Development (IFAD), on Monday urged Ghanaians to consider farming as a dignified profession responsible for
transforming the economy.
He noted that many people…
A seventy-four-year-old executive committee member of the True Faith Church at Kwahu Praso, Mr Isaac Ofori Koranteng, on Friday urged the government to provide adequate security to
protect the country's oil from being smuggled under the s…
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, August 31, 2010.
GHANA CEDI EQUIVALENT …
Mr. George Smith-Graham, Chief Executive of the Fair Wages and Salaries Commission, has advised public workers to ignore a document being circulated as the single spine salary structure because it was not authored by the Commission.
…
The Chartered Institute of Bankers (CIB), on Monday organized a four-day workshop in Accra, on letters of credit, to build the capacity of bankers and stakeholders in the oil and gas industry.
The workshop is to ensure that particip…
The Ministry of Trade and Industry would organise
a two-day stakeholders' conference from Wednesday September 1-2 at Tamale.
The conference is to fashion out a comprehensive strategic framework to guide the revival of the cotton in…
The Chartered Institute of Bankers (CIB), on
Monday organized a four-day workshop in Accra, on letters of credit, to build the capacity of bankers and stakeholders in the oil and gas industry.
The workshop is to ensure that partici…
The Ghana Stock Exchange (GSE) All-Share Index,
the main market indicator, went up 7.3 points from 6,788.41 points last Friday to close Monday�s trading at 6,795.71 points.
The Change Year to Date is 21.95.
Traded volume clo…
About 10 cocoa farmer organisations in Ghana are
on course to join others in becoming Fairtrade certified by the end of the year, thanks to the work of the Cadbury Cocoa Partnership.
The initiative launched a-year-and-a-half ago is s…
The ECOWAS Commission would organise a week-long
sensitisation workshop on the ongoing negotiation of an Economic Partnership Agreement (EPA) between West Africa and European Union for a free trade area between the two regions.
It w…
House minority leader John Boehner (R-OH) Tuesday called on Congress to immediately approve the pending free trade deals with South Korea, Panama and Colombia, hoping they will help create jobs in the U.S. amid the worst recession in decad…
Ghana on Thursday unveiled architectural strategy for the construction of a 4.3 million Euro multi-facetted "Lands Village" to serve as National and Greater Accra Regional Office of the Lands Commission.
The Lands Village to be sited…
Insurance experts have expressed concern about the manner Ghanaians spend huge sums of monies on funerals.
They argued that despite Ghanaians' preference to give their loved ones befitting burials, families should not spend monies ea…
The Vice-President, Mr John Mahama, will on Tuesday, August 31, open a Trade and Investment Fair dubbed "Central Expo 2010" at the Cape Coast Centre for National Culture (CNC), to portray the
region's rich investment potentials to the wo…
A two-day workshop on development of an action plan for the utilization of local materials in the construction industry opened in Koforidua on Friday.
About 80 participants are attending the workshop to come up with a policy that w…
Hyundai Heavy Industries Co., the world's leading
shipbuilder, said Saturday that it has successfully built two drill ships.
It marks the first time that the South Korean company has built such ships used to explore for oil in deep wa…
The management of Accra Brewery Limited (ABL), Ghana's premier brewery, on Thursday, announced two strategic appointments in the brewery and its sister company, Voltic Ghana Limited.
A statement issued in Accra and copied to the Ghan…
The Adonten Community Bank at New Tafo made 122 percent increase in net profit last year posting GH�141,249 that year as against GH�63,673 in 2008.
Total assets of the bank also rose from GH�2,578,000 in 2008 to GH� 3,104,000…
Cocoa farmers in various communities at Mumuadu in the Fanteakwa District, are to receive free insecticide to spray their farms to boost production.
The Chief of Akim Osino and head of Mumuadu, Osabarima Osampanin II, told the Ghana…
Insurance experts have expressed concern about
the manner Ghanaians spend huge sums of monies on funerals.
They argued that despite Ghanaians� preference to give their loved ones befitting burials, families should not spend monies…
The acting Head of the Value Added Tax (VAT) Service in Kumasi, Mr Emmanuel Akpaku, has urged operators in the hospitality industry to keep proper records and adequate documentation to aid the accurate assessment of their taxes.
…
Describing it as a personal victory of Indian Prime Minister Manmohan Singh before the visit of US President Barack Obama to India, American media on Thursday said the passage of the Nuclear Liability bill would pave the way for much neede…
Ghanaians spend too much money on funerals, Insurance experts have observed.
They argued that despite Ghanaians preference to give their loved ones befitting burials, families should not spend monies earmarked for education, building…
The Private Enterprise Foundation (PEF), on Thursday called on the government to focus on standardization and skills development for local operators in the emerging oil industry in order to achieve 90 per cent local content by 2020.
…
Mr Joseph Z. Amenowode, Volta Regional Minister, on Monday, said the region is envisioned to make between 75-80 percent coverage in the provision of potable water to all communities by 2012.
He said the region�s prevailing 57 perce…
The Ministry of Finance and Economic Planning (MOFEP), in collaboration with the German Technical Co-operation (GTZ), is organising a Stakeholders' Validation Workshop at the Novotel Hotel, Accra, on Tuesday, August 31, 2010.
A state…
Donewell Life Company Limited (DLCL) has stepped up efforts in the race for the top-spot of premium generation and market share among life insurance underwriters by 2015.
The management has augmented its activities in recent times th…
AngloGold Ashanti has vowed to step up its community assistance programmes to improve the lives of people in the mine's operational area.
Mr Samuel Oti-Attakora, Manager in-charge of the Processing Department, said they would con…
There was a massive resurgence during Friday�s
trading on the Accra bourse, which saw the Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, going up by 212.65 points from
6,575.76 points to 6,788.41 points.
T…
A total of 2,300 farming communities in the Northern Region are benefiting from a training programme that would ensure proper storage of cowpea, to enhance food security in the country.
The programme dubbed; Purdue Improved Cowpea St…
The Volta Regional Zonal Office of the Ghana Export Promotion Council (GEPC) is to create Customer Desk Offices in the Municipal and District Assemblies in the region in a bid to decentralize its operations away from the regional capital H…
Mr Kyle Whitehill, Chief Executive Officer of Vodafone Ghana has urged government to ensure that revenue to be derived from the emerging oil industry is used for infrastructure development.
�The oil sector has the capacity to susta…
Clement Humado, Chairman of the Parliamentary Committee on Poverty Reduction, on Wednesday said the 2011 budget must address the inequalities across regions and districts in the country to reduce poverty, deprivation and the vulnerability.…
Government on Wednesday tagged oil management issues, provision of water in deprived communities, elimination of schools under trees and completion of selected projects in roads, mining and energy sector as priorities for the 2011 fiscal b…
Describing it as a personal victory of Indian Prime Minister Manmohan Singh before the visit of US President Barack Obama to India, American media on Thursday said the passage of the Nuclear Liability bill would pave the way for much neede…
Captain George Nfodjo (rtd), the Member of Parliament for Ho Central, on Wednesday presented Wellington boots and cutlasses to over 300 farmers in the constituency as part of his initiative to encourage the farmers to reactivate their coco…
Mr Joseph Z. Amenowode, Volta Regional Minister, on Monday, said the region is envisioned to make between 75-80 percent coverage in the provision of potable water to all communities by 2012.
He said the region's prevailing 57 percent…
Ghana is collaborating with India to manufacture fertilizer in Ghana from by-products from the emerging oil and gas industry, Mr Yaw Effah Baafi, Deputy Minster of Food and Agriculture in-charge of crops said on Tuesday.
He said the …
The Chairman of the Conference of Heads of Special Schools (COHESS), has pointed out that, governments policy to ensure that all state institutions use the pre-paid meter for the payment of electricity bills would not be feasible in some i…
Right Reverend Mildred Hines, the presiding Bishop of Western AME Zion Church, on Sunday appealed to church leaders to be worthy ambassadors of Jesus Christ.
She made the appeal during the closing session of the 103 annual…
The Right Reverend Dr Yaw Frimpong�Manso, Moderator of the Presbyterian Church of Ghana, on Tuesday urged government to put in place an effective conflict resolution strategy to solve disputes that may arise among oil exploration compani…
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, August 25, 2010.
GHANA CEDI EQUIVALE…