There is the need to resource the Ghana Revenue Authority (GRA) by providing logistics and training to enable the personnel identify illicit flow of funds, Mr Abdallah Ali-Nakyea, a Chartered Tax Consultant, has said.
He said among gove…
The Minerals Commission has signed a Memorandum of Understanding (MOU) with the Solidaridad West Africa to promote responsible mining practices in small-scale gold mines.
The MOU is to formalise an on-going relationship with Solidarida…
The Programmes Director of the Trade Related Assistance and Quality Enabling Programme (TRAQUE), Mr Michael Senayah, has urged the government to continue with the establishment of the National Accreditation Body for standards, which was co…
A survey conducted by the Ghana Statistical Service has indicated that Ghana received a total of GH¢ 1.36 million remittances in six districts in the Ashanti Region and Brong Ahafo region within 12 months.
The districts included; Mampon…
Golden Tulip Kumasi City, the leading hotel in Kumasi, has Mr Stephane Robert as its new General Manager. Mr Robert will oversee the day-to-day operations and strategic direction of the 160- room- hotel as well as utilise his hands-on mana…
The new Floating Production Storage and Offloading (FPSO) vessel, John Agyekum Kufuor, has safely arrived in the country’s waters.
It is currently being moored on top of wells at the Tano Basin Offshore Cape Three Points (OCTP).
The …
(Close): All three key Wall Street indexes ended the day higher on Thursday amid encouraging figures on the jobs market.
The Dow Jones rose by 15 points or 0.07% to 20,662.95, while the S&P 500 was at 2,357.49, up 5 points or 0.19%.
…
The Public Utility Workers Union (PUWU) of the Trade Union Congress, Ghana has called on government to expedite action on the proposed dialogue with key stakeholders on the planned concession arrangement of Electricity Company of Ghana (EC…
The World Bank has provided $45 million to support Ghana’s Public Financial Management (PFM) reform project. The project, which began in 2015, will end in 2019 and is expected to provide a more structured and co-ordinated approach to the i…
The Ghana Oil Company (GOIL) on Wednesday commissioned a 15 million dollar Marine Gas Storage (MGS) facility, the largest in the country to improve the bunkering industry and the Ghanaian economy in general.
The 13.5 million litre c…
Madam Catherine Ashley, an advisor to the Governor of the Bank of Ghana (BOG), has advised the general public to desist from writing lotto numbers and other features on the currency notes of the nation.
She said the country spends a l…
Biogaran SAS, a closely held French pharmaceuticals manufacturer, plans to tap into Nigeria’s $1.3 billion drugs market as a launchpad for its expansion into Africa, company President Pascal Briere said.
The unit of France’s second-larg…
The US$95 million Kumasi City Mall project designed to give a boost to the economy is ready – set to begin operating in the next two weeks. Sited on a 15-4 acre stretch of land, it is the most modern shopping facility outside Accra, and w…
Samuel Obeng Amoako and Sheriff Jackson are the winners for week 6 and 7 respectively. They both take home GHC 10,000
The telecom industry’s biggest recharge promotion has so far rewarded some 2.5 million customers with free airtime, …
The Northern Youth for Peace and Development Association (NYUPED) has appealed to government to apply similar pricing methods as is being done with cocoa to the shea nut and cotton sector.
The group, which operates in the three northern…
China is set to import record amounts of crude oil from West Africa this month as OPEC’s supply cuts pave the way for other nations to gain a greater foothold in the fast-growing Asian market.
West African producers led by Angola and Ni…
Electricity Company of Ghana (ECG) has taken steps to tackle the low voltage power in parts of the Eastern Region through the construction of two substations at Asamankese and Suhum.
Mr. Michael Baah, Regional Manager of the Company, s…
The Chief Executive Officer of Koans Building Solutions, Mr Kofi Anokye, has cautioned the government to ensure cheaper, sustainable and reliable power supply to areas where its ‘one district, one factory’ will be established.
He said a…
Beneficiaries of the ICT Business Incubation project launched in June 2016 by MTN Ghana Foundation in partnership with Ghana Multimedia Incubation Center (GMIC), continue to make very positive strides. The project, which is aimed at suppor…
Further fiscal adjustment is necessary to stop Ghana’s debt rising and interest expenses taking a larger proportion of total spending, an Economist has said. Ayomide Mejabi an Economist for Global Markets at Stanbic Bank told the Ghana New…
The Government has commended the Management and Board of Directors of Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous oil marketing company for solely financing the construction of a $15 Million Marine Gas Storage (MGS) a…
Tata Motors Drives Away with the Top Prize at the 2017 World Media Awards
Maxus Global's Campaign for the Indian Automotive Manufacturer Wins this Year's Grand Prix
London, Friday 8th April, 2017: The winners of the 2017 World M…
The Global Head of Transactional Products and Services, Standard Bank Group, Mr Hassan Khan, has backed moves by the Bank of Ghana (BoG) to facilitate money transfer services from one mobile money service provider to another, describing it…
Sustainable Livelihoods and Transparent Local Authorities, a programme aimed at contributing to the promotion and growth of the informal local economy in the Brong Ahafo and the Greater Accra Regions, has been launched in Accra.
The pro…
Dr Archibald Letsa, Volta Regional Minister has advised players in the small and medium scale enterprises not to shy away from taking risks, which could launch them into the business world.
He lamented how some “very good” businesses st…
In celebration of Global Money Week last week, Uber and Old Mutual have announced that they will be extending the free money management course that took place in South Africa, to its driver-partners in Accra, (Ghana), Lagos (Nigeria) and N…
Students of the Alpha Beta Learning Centres, an Accra-based multi-educational institution, have received training to be able to utilise their creativity to aid their communities and to become competent and confident leaders.
The maiden…
The Speaker of Parliament, Professor Aaron Mike Oquaye, has tasked the Finance Committee of Parliament to look further into the issue of the microfinance companies that have duped several depositors in the Brong Ahafo Region and other part…
Ghana has launched her participation in the Astana Expo 2017 with the aim to leveraging on unparalleled advantages in the sub-region to attract as much investment as possible in the renewable energy sector.
The expo, which is being hel…
Mr George Kwatia, a Tax Partner at PricewaterhouseCoopers Ghana, has said the 2017 Budget and its achievement of tax revenue depends more on the Ghana Revenue Authority (GRA) than any other institution.
“It is not that government has i…
The Minister of Finance, Mr Ken Ofori-Atta, on Wednesday gave the assurance that the Government would collaborate with the relevant stakeholders in meeting the Sustainable Development Goals (SDGs).
He said Ghana had proved to be a criti…
Unilever, which owns some of the UK's most famous household brands, has announced plans to sell its margarine business, including Flora and Stork.
The move comes as part of a wide-ranging review at the Anglo-Dutch firm, which recently s…
Vice President Dr Mahamudu Bawumia on Wednesday said policy decisions of the Government were based on accurate data and, therefore, called for adequate investment in data gathering processes that would engender development.
He said wit…
The Vice President of the World Bank, Mr Makhtar Diop, says Ghana’s economic success would hinge largely on how government manages the country’s fiscal deficit.
He said it was of utmost importance that government stuck to its programmes…
Mr Frank Mante, a lecturer at the Ghana Institute of Management and Public Administration, (GIMPA) and a procurement specialist, has stated that the Public Procurement Authority (PPA) must ensure that applications for single-source procur…
Odotobri Rural Bank at Jacobu in the Amansie Central District in the Ashanti Region has been adjudged the “Fastest Growing Rural Bank Brand” and the overall “Top Emerging Rural Bank Brand in Ghana” at the Brands Excellence Award, held in A…
The Social Security and National Insurance Trust (SSNIT) has not recovered the GH¢477.3 million loan it granted to eight public and private institutions and organisations, the Auditor-General’s Report for 2015 has revealed.
The Auditor-…
Like many countries, the UK has made slow progress in reducing its gender pay gap.
However, it might do well to look to Iceland, which has come up with a radical plan to get rid of its pay gap completely.
A bill was tabled in the cou…
Ghana is well positioned to significantly improve its business competitiveness through Data Analytics (DA), which is crucial for strategic return on investment decision making, Mr. Carl Sackey, Business Development Manager, has said.
Ma…
Prices of building materials have witnessed an upward adjustment in the Sunyani Municipality, a Ghana News Agency (GNA) market survey has revealed.
A visit to some hardware stores in the Municipality revealed that prices of nails, ceme…
Nigeria is the largest producer of cassava in the world with a production of about 54 million tons, but its yield per hectare of cassava roots is about 8 tons, less than half of the realizable yields of more than 20 tons per hectare
…
German ministers have approved plans to fine social media firms up to 50m euros ($53.3m; £42.7m) if they fail to remove hate speech and fake news quickly.
The proposed law would give the companies 24 hours to block obviously criminal co…
Premier Brands Ghana has held the 2016 Brand Excellence Awards to honour outstanding rural banks and business institutions for their outstanding accomplishments over the years.
The ceremony, which was held in Accra, saw 10 top rural b…
XM Group (Trading oint Group), a leading Forex and CFD broker and the official trading partner of the Fastest Man in the World “Usain Bolt”, has been recognized as Best Forex Service Provider for 2017 during the City of London Wealth and M…
More than 170 million people in Africa now access the platform each month, 94% of which are on mobile
Facebook (Facebook.com) has moved its Johannesburg offices into new premises, creating a new home for the company to work with its…
Develop Your Business with SpotOption & other Financial Companies at Africa Financial Expo Meet Seán J. Donaghey and over 5000 B2B & B2C visitors in Africa. Seán J. Donaghey is a Sales Director of SpotOption, the world’s leading trading te…
Nine companies were last Friday awarded at the maiden edition of the Ghana Beverage Awards (GBA) held at Accra City Hotel.
Kasapreko’s Alomo Bitters was adjudged Product of the Year while RTD of the year went to Orijin RTD, Fruit Juic…
The World Bank’s Chief Economist for the African Region, Dr Albert Zeufack says Africa must focus on a new growth strategy focused on value-addition to her natural resources.
Dr Zeufack, who disclosed this in an interaction with a secti…
The Product Development Manager of the Ghana Community Network Limited (GCNet), Mr Carl Sackey, says Ghana is well positioned to significantly improve its business competitiveness through data analytics, crucial for strategic return on inv…
Ethiopian Airlines, the largest cargo operator in Africa, has launched two new cargo routes to Europe ;Milan, Italy and Zaragoza, Spain respectively.
A statement issued in Accra by Mrs Hanna Atnafu, Manager Corporate Communications, Et…