The Ghana Stock Exchange (GSE) All-Share Index,
the main market indicator, went up by 19.59 points from 6,656.82 points to 6,676.41 points during Wednesday�s trading on the Accra bourse.
The Change Year to Date was 19.81.
Tr…
Mr George Smith-Graham, the Chief Executive
Officer of the Fair Wages and Salaries Commission, has appealed to public sector workers to ignore false salary structures purported to be the Single Spine Salary Structure being circulated espe…
The Annual Producer Price Index (PPI) dropped by
0.46 percentage points in July, bringing the respective yearly change between July 2009 and July 2010 to 18.93 per cent, up from 19.39 per cent.
This brings the monthly change rate be…
COCOBOD will soon tar a major access road linking Nkwantaso to Nkrankwanta in Dormaa Municipality to facilitate easy access and conveyance of cocoa as part of its rehabilitation of cocoa roads in cocoa districts.
Mr Vincent Oppong As…
The Ketu South District Assembly collected GHC446, 997.62 Internally Generated Fund (IGF) last year, a 66.43% jump over the 2008 figure of GHC296, 938.28, thanks to a revenue regime overhaul policy.
Property tax revenue for instance …
Only seven out of over 700 active registered businesses that had transactions through Ministries, Departments and Agencies (MDAs) and Municipal and District Assemblies (MMDAs) in the Volta Region complied with filing their returns to the V…
Rural and Community Banks (RCBs) must endeavour to build good corporate image to ensure the loyalty of their customers and the patronage of their products.
The managing director of the ARB APEX Bank, Mr Eric Osei-Bonsu, said this at th…
Barclays has pledged its unflinching support to improving the quality of life of the poor through its programme of extending basic financial services to the vulnerable in society.
Mr Vinit Chandra, Chief Executive Officer (CEO), Barc…
Lau Mei-sze, manager of Hong Thai travel agency which had organized the Hong Kong tour group to the Philippines, said the Hong Kong government has decided to send a chartered plane to the Philippine capital Manila on Monday night to carry …
Mrs Alice Coffie, Assembly Member for Asumura Electoral Area in Brong Ahafo Region, has called for the rehabilitation of roads in the area to alleviate the plight of the people.
"Because our road is in a deplorable state, vehicles ca…
Mr Joe Gidisu, Minister of Roads and Highways, has assured the Construction, Building and Materials Workers Union (CBMWU) of the Trades Union Congress (TUC) that Government is working hard towards the appointment of a substantive Board Cha…
Tebazile Jewellery, a Los Angeles based jewellery company, has opened a subsidiary office at Dzorwulu in Accra, to market its products in the country.
The branch, which will serve as headquarters for its Africa operations, is stocked…
The Indian Government has asked the National Institute of Financial Management to conduct a
survey and evaluate the prices of 2,186 enemy properties, believed to be worth several thousand crores.
The Ministry of Home Affairs has…
The Kwahu-West Municipal Assembly has realized
GH�324,422 of its Internally Generated Fund (IGF) representing 72 per cent of the projected revenue of GH�453,439.36.
The Municipal Chief Executive, (MCE) Mr Alex Somuah-Obeng, anno…
Inching towards acquiring a majority stake in SsangYong Motor (SM), auto major Mahindra & Mahindra on Monday said it has signed an agreement with the beleaguered South Korean firm.
In a filing to the Bombay Stock Exchange (BSE), Mah…
The Asantehene, Otumfuo Osei Tutu II, has registered his displeasure about the surge in illegal mining and called on the Ministry of Land, Forestry and Mines to move quickly to deal with the problem.
He said the brazen and daring nat…
The Avenor Rural Bank at Akatsi last year obtained the GHC150, 000 minimum capital requirement set by the Bank of Ghana for Rural and Community Banks (RCBs).
It has also, the first time in years, declared a GHC18, 677.94 share divide…
The First Lady of Swaziland, Mrs Nomsah Eunice Matsebula, on Monday paid a courtesy call on the Aburihene, Otoobuor Gyan Kwasi, at the Ankaase Palace at Aburi as part of a state visit to Ghana.
Welcoming her at a mini durbar of the c…
Mr Sam Nasamu Asibigi, the Deputy Northern Regional Minister had said that, the Tamale Metropolis was now very conducive for the expansion and development of business activities, with the continues achievement of peace in the area.
H…
Mr Abubakari Saeed, Administrative Officer of the Centre for National Culture (CNC), had said that, this year's National Festival of Arts and Culture (NAFAC) was development oriented, with emphasis on job creation and skills training, to c…
Government has pledged to provide the Audit
Service with steady resource supplies to enable the institution to render effective and independent service to promote the prudent management of the country's wealth.
Dr Kwabena Duffuor, M…
Facing flak from India and others for acting as a safe haven to foreigners stowing away wealth,
Swiss banks have said they will share account details of suspected money launderers if the request is supported by four specific details.
…
Hit by the global financial crisis, the Indian economy saw banks' credit growth slowing down to 17.8 per cent in 2008-09 as against 24.1 per cent in the previous fiscal.
According to the latest report by the Reserve Bank of India (R…
Storm clouds are gathering over the US market with a renowned American analyst betting on a
huge crash next month.
The crash prediction was made after 'Hindenburg Omen' --named after an ill-fated German plane that crashed in 1937--wa…
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 24,2010.
GHANA CEDI EQUIVALENT …
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 24, 2010.
GHANA CEDI EQUIVALENT…
Mr Prince Bagnaba Mba, President of Forum for
Equity, a non-governmental organization, on Tuesday called on government to come out with a comprehensive programme covering the Savanna Accelerated Development Authority (SADA) project.
H…
The Bawjiase Area Rural Bank at Awutu Bawjiase, in the Central Region, almost doubled its profit before tax from GHC379,286 in 2008 to GHC618,460 in 2009.
The bank's total deposit also improved from GHC4,102,813 in 2008 to GHC5,14…
The Bawjiase Area Rural Bank at Awutu Bawjiase, in the Central Region, almost doubled its profit before tax from GHC379,286 in 2008 to GHC618,460 in 2009.
The bank's total deposit also improved from GHC4,102,813 in 2008 to GHC5,14…
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 Monday, August 23, 2010.
GHANA CEDI EQUIVALENT …
The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, dropped substantially by 102.17 points from 6,650.56 points to 6,548.39 points during Monday�s trading on the Accra bourse.
The Change Year to Date was 17.5…
India's engineering exports jumped about 26 per cent to USD 3.21 billion in July year-on- year, mainly due to revival in the US demand.
"Demand is reviving in the US, but still there are less orders from the European markets," Engin…
Black money stashed abroad by Indians will now be traced more efficiently as Central Board of Direct Taxes (CBDT) and the Financial Intelligence Unit (India) have signed a pact to exchange information on tracking unaccounted funds, say off…
Ms Hanna Tetteh, Minister of Trade and Industry,
on Monday said Ghana's economic growth depends largely on the ability of industrialists to add value to raw and unprocessed materials for export.
"Subsequently the government has init…
Vice President John Dramani Mahama had said the shea industry is an attractive business earning about 30 million dollars of foreign exchange for the national economy.
The sector, he said, has the potential of tripling the amount when …
Billionaire investor George Soros has picked up a 4 per cent stake in the Asia's oldest bourse
Bombay Stock Exchange (BSE) for about USD 35 million (over Rs 160 crore).
Soros' Quantum hedge fund bought the stake from Dubai Financia…
Retail price inflation in India for goods consumed by agricultural and rural labourers fell
sharply by up to 2 percentage points in July, mainly due to higher rise in prices experienced in the previous month.
Inflation based on Co…
A number of mining communities in Amansie in the Ashanti Region have questioned the genuineness of concession rights and operating licenses being used by some small scale mining companies in the area.
According to the communities, al…
Vice President John Dramani Mahama on Friday announced that government would equip government Ministries, Departments and Agencies with modern technological logistics for them to meet current developmental challenges.
He said it was …
A three day Furniture and Decoration Fair, to give local furniture producers a platform to showcase their products to the general public, has opened in Accra on Friday.
The Fair, which is being held at the National Theatre in Accra, …
An experiment has proved that the shea tree could be matured or bear fruits in a gestation period of between three to six years.
Dr. Joshua Yidana, Head of the Horticultural Department of the University for Development Studies (UDS) w…
An experiment has proved that the shea tree could
be matured or bear fruits in a gestation period of between three to six years.
Dr. Joshua Yidana, Head of the Horticultural Department of the University for Development Studies (UDS) …
The United States Friday warned foreign financial institutions that they will lose access to their U.S. counterparts unless they cut off ties with individuals and entities involved in Iranian nuclear programs.
Undersecretary for Terror…
How about your fixed deposits in banks earning floating interest rate? India's biggest lender
SBI is all set to offer floating rates that may give higher returns depending on market conditions.
State Bank of India (SBI) said it wi…
Small-scale oil palm growers and other stakeholders in the Eastern and Ashanti Regions on Thursday met at the Ghana Oil Palm Development Company (GOPDC) at Kwae, to deliberate on sustainable practices in small-scale palm oil production.
…
The Bole District Assembly generated an amount of GH�121,459.94 internally as at June this year as against a target of GH�82,458.13, representing 147.30 per cent.
The Assembly out of this amount made a total expenditure of GH�1…
The winning numbers of the Fortune Thursday Lotto draw held in Accra were, 16-54-35-34 and 39, according to a bulletin of the National Lottery Authority.
The Ghana Stock Exchange (GSE) All-Share Index,
the main market indicator, went up by 22.15 points from 6,628.41 points to 6,650.56 points during Friday�s trading on the Accra bourse.
The Change Year to Date also rose to 19.35 com…
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 Friday, August 20,2010.
GHANA CEDI EQUIVALENT O…
Vice President John Dramani Mahama on Thursday
appealed to the Minister of Finance and Economic Planning to consider prioritizing water and sanitation in the next budget.
He also advocated public-private partnership by calling on the …