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 newly established enterprises especially those owned by young people.
Th…
Carpenters attending a workshop on capacity building, have called on the Forestry Commission (FC) to enforce the law that compel saw millers to sell 20 percent of lumber produced locally.
They said the non-compliance of the law by saw mi…
The GSE All-Share Index, the main measure of performance of the Exchange, was unchanged for the second trading session this week as investors continue to shy away from the market
The index ended at 10,608.04 points, the same as on Tu…
A lecturer at the University of Ghana, Legon, has called for effective education on pre-credit and post-credit activities for women in the rural areas to enable them to understand how the financial market operates.
Dr. Irene Egyir of…
The upcoming 16th leaders' meeting of the Asia-Pacific Economic Cooperation forum (APEC) will serve as a stage for boosting free trade in the region, Peruvian Vice President Luis Giampietri told Xinhua on Wednesday.
"Globalization is…
The Brong-Ahafo Regional Forest Forum of the Forest Service Division will embark on tree planting exercises throughout the region to promote forest resources.
The project would be undertaken in partnership with the National Youth Emp…
Mr. Ralph Osei Ameyaw, Executive Secretary, Council for Indigenous Businesses Association (CIBA), on Tuesday told workers in the informal sector that one of the surest ways of securing loans from the financial institutions to revamp their …
The Institute of Economic Affairs (IEA) on Tuesday stated that real Gross Domestic Product (GDP) for 2007 fiscal year dropped to 6.2 per cent from the 6.4 per cent recorded in 2006.
"The 6.2 per cent economic growth rate recorded for…
As part of its restructuring programme, the Ghana Investment Promotion Centre (GIPC) is recruiting skilled and dedicated Ghanaians to fill key positions in its bid to attract private, domestic and foreign investments to transform Ghana int…
The Andean Community of Nations (CAN) has decided to suspend negotiations on a trade agreement with the European Union (EU), said reports reaching here from Brussels on Monday.
CAN requested to postpone talks with the EU scheduled fo…
The Agona Swedru branch of the Barclays Bank last Saturday, presented baby mattresses and other items to the Agona Swedru Government Hospital worth GH¢1,200.
The items include gallons of paint, brooms, boxes of biscuits, brushes for …
Crude futures closed higher Monday amid concerns about the mounting global financial crisis.
Oil prices opened higher in the morning after China announced new economic stimulus plan aimed to boost domestic demand. U.S. crude rose as …
A programme dubbed: "National Services Export Strategy,"was launched on Tuesday with the aim of exporting consultancy services, medical tourism, travel and leisure, education and other non-tangible and invisible services provided by Ghanai…
A total of 230 hectares of Sunflower farms for the production of Bio-diesel had matured and ready for harvesting.
The farms, established at Tumu, Walewale, Mpaha and Damongo in the northern part of the country, and Agona Asafo near A…
Favouring a "new Bretton Woods Agreement", International Meeting (I.M.F.) chief Dominque Strauss-Kahn has said an early warning system to detect impending dangers to the world economy must be put together by international financial experti…
The Suame Magazine Industrial Development Organisation (SMIDO) has established an auto diagnostic centre at the Suame magazine.
The centre, which would be inaugurated by the first week of December, is expected to enrol ten students t…
The United States Government on Friday inaugurated a 9,500-dollar bead-making factory for Manya Krobo Queen Mothers Association to generate income to cater for People Living With HIV/AIDS (PLWA), orphans and the vulnerable in society.
…
Parliament on Friday ratified the sale and purchase agreement of 70 per cent of issued and fully paid up shares of the Volta Aluminium Company Limited (VALCO), without any objection from the Minority
side which last week raised concerns …
Gemni Life Insurance Company (GLICO) on Thursday extended two of its micro insurance products to traders at the Adabraka Market in Accra with a call on them to save during their trading activities in order to fortify their future.
The pr…
The Youth Forum of the National Democratic Congress (NDC), on Thursday pointed out that it was a matter of great hypocrisy for the government "to refuse to adequately reduce fuel prices."
This, the Forum said, had prevented Ghanaian…
The General Agricultural Workers Union (GAWU) of Ghana Trades Union Congress (GTUC) has integrated rice farmers from the informal sector into their fold to boost rice production, improve their livelihood and contribute meaningfully towards…
Management of Ghana Statistical Service (GSS) has offered to collaborate with authorities of tertiary institutions in the country to develop modules for training students in "Official Statistics'.
Dr Grace Bediako, Government Statist…
Management of Ghana Cocoa Board (COCOBOD) has initiated farmers' rallies and radio education programmes to combat exploitative labour practices in the cocoa sector.
Mr Paul Ntim, Economist and Senior Research Officer, Research Depart…
The GSE All-Share Index, the main measure of performance of the Exchange, ended flat on Wednesday closing at 10,733.09 points.
The change year to date remained at 62.63 per cent and there was no price change.
Traded volumes in…
Ghana Investors' Advisory Council (GIAC) has hailed the establishment and operationalisation of the international financial services centre, by the government, as key to the achievement of national developmental goals.
The coun…
President John Agyekum Kufuor on Tuesday unveiled a plaque to inaugurate a 100-million-dollar cocoa processing factory at Tema with a call on cocoa farmers to increase their production.
Management of Cargill Ghana Limited Cocoa Proce…
The government and the Saudi Fund for Development on Wednesday signed a 14 million-dollar loan agreement to assist in rehabilitating and expanding of the Bolgatanga Regional Hospital.
The project to be completed in 2012 involves the …
The Foundation for Female Photojournalists, a non-profit organization involved in advocacy to provide accessible development information to women groups, has started a programme aimed at improving efficiency of Assembly members.
The …
The GSE All-Share Index, the main measure of performance of the Exchange, fell in trading on Monday by 28.68 points under pressure from four equities to close 10,752.34 points.
The change year to date now stands at 62.92 per cent.
…
Mr. Christian Tetteh Sottie, Accountant General, on Monday, assured workers in the Public Sector, who were underpaid in October due to payroll anomalies, that the irregularities would be reversed on Friday November 7.
The anomaly tha…
Gold Fields Ltd on Monday announced the appointment
of Mr Peter Turner as the new Vice President and Head of its West African operations.
He replaces Mr Johan Botha who will be retiring at the end of this year after six years of d…
Economists and bankers have warned that the Nepali economy could soon feel the heat of global financial crisis and the country could mainly suffer in such areas as foreign investment, overseas employment, debt servicing and tourism if the …
The GSE All-Share Index, the main measure of performance of the Exchange, dipped by 7.27 points to close 10,781.02 points.
The change year to date now stands at 63.35 per cent.
On the broader market Ghana Commercial Bank (GCB…
The initial public offer of UT Financial Services, a non-bank finance institution, to raise GH¢27 million has been successful, lead managers, Databank Financial Services Limited said on Friday.
The company raised GH¢27.5 million, rep…
Revenue agencies will exceed the projected target for this year, Mr Harry Owusu, Executive Secretary of the Revenue Agencies Governing Board, said on Thursday.
Government has projected a revenue of GH¢3,543.42 million for 2008.
…
Ghana's dream since the First Republic of developing an integrated aluminium industry is soon to become reality with a US$4 billion investment by Brazil and Norway.
President John Agyekum Kufuor, who dropped the hint, said discussion…
All Rural and Community Banks in the country would participate in foreign cash remittance business soon in partnership with the Western Union Money Transfer.
This arrangement is expected to relieve rural dwellers who travelled to tow…
Barclays Bank Ghana on Saturday embarked on a clean-up and painting exercise in three health and educational institutions in Accra to commemorate the 13th " Make a Difference Day" (MADD) celebration.
The occasion is celebrated in all…
All Rural and Community Banks (RCB) in the country are to enter the foreign remittance business by the close of the year in partnership with the Western Union Money Transfer.
This arrangement is expected to bring a big relief to peop…
The Association of Ghana Industries (AGI) is to
develop a policy document to promote the growth of Small and Medium-size Enterprises in the country.
To be known as the "AGI SME Agenda 2008," the policy document will present practica…
Dr. K. Y. Amoako, an economist and former Executive Secretary of the Economic Commission for Africa (ECA), has underscored the need for the country's next Administration to maintain the good policies and ideas of the Kufuor Government.
…
Mr Kurt Koenigsfest, Chief Executive Officer of the first Micro Finance Institution in the World, Bankosol in Bolivia, on Thursday pointed out that giving out micro finance was one of the most effective ways to reach the very poor in socie…
Fraud in the rural banking system have been made worse through the use of computers and the need to strengthen internal audit controls is now a requirement under incoming ARB Apex bye-laws.
Mr. Yaw Wiredu-Peprah, a director of ARB A…
The role of the 192-member United Nations was stressed Thursday as economists and diplomats discussed ways to tackle the global financial crisis at the General Assembly.
"Solutions must involve all countries in a democratic process,"…
An awards scheme is in the offing for members of the Ghana National Association of Garages (GNAG).
The association comprises auto-mechanics, auto electrical technicians, auto-welders and motorbike mechanics.
Mr Joseph Nimo, GNA…
Total equity of the Building and Road Research Institute Co-operative Credit Union rose from 453,889.58 Ghana cedis in 2007 to 567,261.68 in 2008, representing an increase of 24.90 per cent.
However, its total income reduced from 87,833.…
Management of Ahafo project of Newmont Ghana Gold Limited (NGGL), in collaboration with the Export Development and Investment Fund (EDIF), is to construct a GHC 160,000 crop processing and storage center in Asutifi District.
The cen…
Plan Ghana, an NGO operating in the Bawjiase area, is assisting the people of five communities in the area to construct a number of improved household pit latrines.
The communities are Aboano, Obo Yambo, Kofikum, Otweikaa and Gomoa Od…
Parliament on Friday approved a 12-million dollar loan facility for the rehabilitation and expansion of the Bolgatanga Regional Hospital, in the Upper East Region.
The facility would help in the construction of a public health and …
About 820 million people in sub-Saharan Africa are chronically hungry, according to the 2006 Food and Agriculture Organization (FAO) report.
The report is contained in a documentary by the General Agricultural Workers Union (GAWU) ti…