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 …
The Minority NPP in Parliament on Thursday said the country's economy as at December 31, 2008 was in far better shape relative to the economy that it inherited in 2001.
Mr. Osei Kyei-Mensah Bonsu, Minority Leader, said over the past …
President John Evans Atta Mills on Thursday reminded Kosmos Energy, one of the companies involved in the nation's oil find in the Jubilee Fields of Cape Three Points, to be mindful of social, legal and corporate responsibilities so that lo…
The World Bank says Ghana appears to be a prime candidate for scaling up donor financial support to accelerate growth and the achievement of the Millennium Development Goals (MDGs) since her policies have been good and its institutional c…
The Minority NPP in Parliament on Thursday said the country's economy as at December 31, 2008 was in far better shape relative to the economy that it inherited in 2001.
Mr. Osei Kyei-Mensah Bonsu, Minority Leader, said over the past …
The Private Enterprise Foundation (PEF) on Thursday congratulated President John Evans Atta Mills and Vice-President John Dramani Mahama for their victory in the December general elections.
A message in Accra signed by Dr Osei Boeh-Ocan…
The GSE All-Share Index, the main measure of performance of the Exchange, slipped again in trading on Tuesday by 1.6 points to close lower at 10,422.60 points from 10,424.20 points.
The change year to date stands at -0.09 per cent.
…
Gold Fields Ghana (GFG) on Tuesday condemned the actions of some ex-workers of the company who, on December 22 last year staged a demonstration at the main access way to the Tarkwa Mine premises, describing it as "unjustified and unlawful …
President John Evans Atta Mills on Wednesday said there was the need to take a fresh look at the private sector to give it the pride of place in building a robust economy.
He said it was time the co-operation between Government and t…
Tibetan spiritual leader the Dalai Lama on Monday said that the World was facing an economic meltdown due to lack of spirituality among people.
"Lack of spirituality and culture is the main cause behind the rampant corruption in the …
Ghana Home Loans, a specialized mortgage provider in Ghana, and FMO, The Hague-based Dutch Development Bank announced on Monday that they have signed and partially disbursed a $15.5 million long-term facility to Ghana Home Loans.
Th…
The Controller and Accountant General has issued new directives to re-enforce earlier ones that all treasury books be closed by January 9, 2009, in respect of the financial year ended December 2008.
A release by the Controller and Ac…
More than 50 new employees of the Volta Regional Hospital, Ho, are demanding that their authorities cleared the air about balances due them, if any, after deductions from their back pays from August 2007 to April 2008.
They are also …
Members of The Dormaa Chance Brothers Co-operative Credit Union bought shares totalling GHC 18,741 last year and increased its membership by 192.
Mr. Albright Opoku Kyeremeh, acting manager, announced this at the swearing in of a re…
The Ghana Cotton Company Limited (GCCL) recently received GH¢2.6m from the former Kufuor Administration to enable the company to help cotton farmers to increase their output and to settle debts of service providers.
The Administratio…
The ruling NDC Government would present its first budget statement to Parliament before the end of March this year.
Vice President John Mahama said there were huge economic deficits and government's top priority was to stabilise the …
Takoradi agency of Mansoman Rural Bank has not been opened for business transaction for the past two months thereby causing a lot of anxiety and speculations that the bank was in financial crisis again.
According to customers …
Even before the dust settled on the controversy involving Satyam's debarment, the World Bank Monday revealed that action has been taken against a total of five entities in India, including Wipro Technologies, and an individual.
The a…
Madam Anita Kudaya, Managing Director of Dzidefo Enterprise, a detergents and edibles distributor in Ho, has urged President John Atta Mills to re-appraise the current tax regime on detergents and edibles.
She said this should be don…
Madam Anita Kudaya, Managing Director of Dzidefo Enterprise, a detergents and edibles distributor in Ho, has urged President John Atta Mills to re-appraise the current tax regime on detergents and edibles.
She said this should be don…
The European Union (EU) on Tuesday described Russia's abrupt stoppage of gas supplies to the bloc via Ukraine as "completely unacceptable."
"Without prior warning and in clear contradiction with the reassurances given by the highest …
Uganda is speeding up oil exploration and production in order to tackle the fuel shortage, said Energy Minister Daudi Migereko.
"The decision, which the government has taken to fast-track oil production through the Early Production…
The Mobile Telecommunication Network (MTN) on Wednesday distanced itself from an e-mail scam falsely claiming that some individuals will receive Nokia N95 and NF90 if they forwarded an e-mail
to eight and twenty people.
The said e-mail…
The United Nations Children's Fund (UNICEF) and countries from East Asia and Pacific regions convened here Tuesday to discuss policies and measures to address impact of the current economic crisis on children.
The UNICEF said at a …
The Angolan Government has announced a new recruitment policy for oil industry under which all oil companies must employ Angolans in all categories and posts, Angola's official news agency ANGOP reported on Saturday.
The hire of f…
The Angolan Government has intensified efforts to strengthen national industry to reduce imports since the beginning of the New Year, a Senior Official said in Luanda on Saturday.
Higino Carneiro, Minister of Public Works, told rep…
Mr. Anthony Fofie, Deputy Chief Executive in- charge of Agronomy and Quality Control of Ghana
Cocoa Board (COCOBOD), has been appointed as Chief Executive of the Board.
A release issued by the Public Affairs Department of the Board…
Tanzania is scheduled to start controlling retail fuel prices next Monday when an indicative pricing issued by the Energy and Water Utilities Regulatory Authority will be effective.
The move is aimed at forcing down retail prices of …
Turkey's exports in December shrunk 25 percent compared with the same period of 2007 due to the decline in international demand caused by the global economic crisis, local newspaper Today's Zaman reported on Saturday.
"The number of …
Zambia government expects millers to emulate Chimanga Changa Milling Company which reduced mealie meal prices even before the Food Reserve Agency (FRA) lowered the price of maize, Times of Zambia reported on Saturday.
Agriculture and…
Mr. Anthony Fofie, Deputy Chief Executive in- charge of Agronomy and Quality Control of Ghana Cocoa Board (COCOBOD), has been appointed as Chief Executive of the Board.
A release issued by the Public Affairs Department of the Board s…
Tanzanian President Jakaya Kikwete has adjusted downward his country's economic growth rates for the past year and next, citing global financial crisis and domestic problems.
President Kikwete told fellow Tanzanians in his year-end …
The Czech Republic, which holds the rotating European Union (EU) Presidency, and the European Commission on Thursday expressed concern over the gas dispute between Russia and Ukraine and asked for continued negotiations to find a solution.…
The Tanzanian president has declared 2009 as a year to strengthen his country's economy so as to mitigate the effects on the country of the global financial crisis and economic downturn.
In his end-of-year address to the nation give…
Following the decision by the Organization of Petroleum Exporting Countries (OPEC) to cut production by an additional 2.2 million barrels per day, Nigeria would produce about 1.584 million barrels of crude oil per day by January 1, 2009, f…
Gas dispute with Russia would be settled by January 7, Ukrainian President Viktor Yushchenko said in a statement on Thursday.
"I think that we are close to a compromise and I ask the Russian President, the Russian Prime Minister and …
Austrian President Heinz Fischer delivered a New Year's speech through television on Thursday evening, urging for best efforts to fight against unemployment and to provide minimum guarantee to the poor.
He noted: "The year 2009 is a …
Angola's state-owned airliner TAAG is to open regular flights to Sao Paulo, economic capital of Brazil in April this year, a TAAG official said here on Friday.
Rui Carreira, member of the TAAG Managing Commission, told reporters that…
The 30-year fixed-rate mortgage (FRM) averaged 5.10 per cent for the week ending December 31, down from last week when it averaged 5.14 per cent, according to a statement released on Wednesday by Freddie Mac.
Last year at this time, …
HFC BANK Limited on Tuesday presented a two-bedroom house to the winner of its Homesave
Promotion at its project site situated at Tema Community 25 off the Tema Motorway roundabout.
The two-bedroom house built at the cost of about G…
The Board of Directors of Nsoatreman Rural Bank in Brong Ahafo has appealed to shareholders to acquire more shares to sustain the bank.
In a report read by its chairman, Nana Kusi-Appiah, at the 21st annual general meeting of the ban…
Senior Officials from China, South Korea and Japan signed on a joint declaration on cultural cooperation during a trilateral ministerial meeting here on Thursday.
Chinese Cultural Minister Cai Wu, his South Korean counterpart Yu Myun…
The Export Development and Investment Fund (EDIF) has given a lifeline to the Volta Star Textiles Limited (VSTL) by injecting three million Ghana cedis to enable the company kick-start operations for the next three months.
The money …
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