The government is expected to taste its first major demonstration from a workers’ union as members of the Textile, Garment and Leather Workers’ Union (TEGLEU) hints of hitting the streets on Thursday, March 9 to draw attention to what it i…
The merger between the third and fourth biggest telecom companies in Ghana, Airtel and tiGO is expected to lead to greater industry development, better quality of service through continued investments in the sector, and introduction of mor…
Madam Bless Neriah, Volta and Eastern Regional Chairperson of the Association of Ghana Industries (AGI) has described the tax cut in this year’s budget as a “dream come true.”
“This is a dream come true. We can’t express our joy and I t…
Ghana has for the first time since 2011 recorded a balance of payment (BoP) surplus of $247 million, compared to a deficit of $129 million in 2015, the Minister of Finance, Mr Ken Ofori-Atta has said.
That, he said, was attributed …
An international finance company, Nationwide Finance, has set aside US$500 million to be used to support the government and private companies to expand and contribute towards the rebound in total economic output to be measured by gross dom…
The maiden edition of the Ghana Manufacturing Awards will recognise achievements from local and international manufacturing companies and reward those that played a defining role in moving the sector forward.
The event, scheduled for Fr…
As part of efforts to offer its customers highly interactive and a more satisfying experience, telecom service provider, Tigo, has opened a new Customer Experience Centre at the Osu Oxford Street mall.
Chief Commercial Officer for Tigo,…
Emiritus Most Reverend Francis A. K. Lodonu, former Bishop of the Ho Diocese of the Catholic Church has challenged President Nana Addo Dankwa Akufo-Addo to use his "One District, One Factory" policy to attain economical independence for th…
The Golden Jubilee Terminal at the Tema Port in 2016, recorded a 59 per cent increase in the number of transit trade it handled during the year.
A total of 44,000 Twenty-Foot Equivalent Unit (TEUs) were handled showing a 59 per cent inc…
The Royal Bank Limited has signaled its readiness to support the promotion of science and technology education through cash and other incentive packages.
This would come under a three-year agreement signed with the College of Humanities…
Switzerland imported over $2 billion worth of gold from Ghana in 2016 alone for conversion to finished products for the world market. This shows an overwhelming increase of about $90 million dollars over the 2015 figure of $1 billion.
T…
Quantum Power, a Pan-African energy infrastructure investment platform, has the cut sod for the construction of a Liquefied Natural Gas (LNG) terminal in Tema.
The project is a Public Private Partnership (PPP) between Quantum Power and …
The Department of Banking & Finance at Cape Coast Technical University, will launch a programme on Finance & Investment Banking under the School of Business.
The programme, which is a collaborative educational project between Bastiat In…
The parlous story of African economic and social development since independence best expressed in the failure to achieve the autonomous capacity for self-actuated development and in particular to create conditions of national and continent…
The Foundation handed over to the hospital management a renovated maternity ward, two ultra-modern maternity laboratories, upgraded water supply system Eclampsia ward, theatre and improved sanitary environment befitting of a specialist hos…
Airtel Ghana’s Wo Mmer? Nie promo has rewarded more than 1.2M customers three weeks into the biggest and most rewarding recharge promo in the country.
Customers receive instant rewards such as airtime, data bundles and smartphones any…
The European Union (EU) is supporting the Government of Ghana (GoG) with 160 million euros to boost agriculture in the Savannah Accelerated Development Authority (SADA) Zone Six.
The project which is still at its formulation stages woul…
Canadian businesses in Ghana have been urged to expand their scope of investments beyond mining to other critical sectors of the Ghanaian economy such as Agri-business, and tourism.
The Minister for Business Development, Ibrahim Mohamme…
According to the BoG, the new currency will be legal tender as well as a collector’s item and will be used alongside the existing GH?5 note. However, it must be noted that the new note is also smaller than existing one.
On the face of t…
The Ghana Oil Company Limited (GOIL) the foremost indigenous Oil Marketing Company has appointed Nana Ama Kusi-Appuoh as a Solicitor Secretary effective January 2017.
She joined GOIL in March 2016 as the Legal Affairs Manager and became…
Government will continue to increase the installed generation capacity of the country to meet the growing demand for electricity. A total of 1227MW of installed capacity is scheduled to be added include: 370MW AKSA project, 107MW GPGC proj…
Mr. Ken Ofori-Atta, Minister of Finance on Thursday assured Ghanaians that the government’s pledged of “one district one factory,” policy would ensure an even spatial spread of industries in the country.
Presenting President Nana A…
Scores of traders and head porters, commonly referred to as ‘Kayayei’, in Accra yesterday expressed gratitude to the Nana Akufo-Addo-led government for fulfilling his promise of removing taxes, which they said, were stifling the growth of …
Mr Phillip Osei-Hwere, Co-founder and Director of EMH Global, says the company is poised to draw on it expertise and experience gained internationally to tell the stories of Ghana and its businesses.
Speaking at the re-launch of EMH Glo…
The Ghana cedi remained relatively stable against the major trading currencies in the currency market, on account of tighter monetary policy and improved foreign exchange inflows for the period of 2016, Mr Ken Ofori-Atta, Minister of Finan…
Mr Ken Ofori-Atta, the Finance Minister, said government would launch the planting of food and jobs campaign this year to encourage citizens to take up farming as a full or part time activity.
Rolling out agricultural plans from the 201…
The Royal Bank has launched the ‘The Royal Banking and Finance Challenge 2017’ for universities in Ghana to educate students on financial literacy and provide a platform for their contribution to grow the financial service sector.
Parti…
Silver Star Auto Limited (SSAL), has marked the one-year anniversary of its Suzuki dealership with the opening of a new branch on the Graphic Road in Accra.
The company also used the occasion to launch two new Suzuki models; the Baleno …
Mr Ibrahim Mohammed Awal, the Minister for Business Development has called on the private sector to support government to develop the talents of the youth.He said out of more than 70, 000 graduates that come out of school every year more t…
Mr Ken Ofori-Atta, Minister of Finance, on Thursday indicated that the global economy is expected to witness some improvement in growth in 2017 in the medium term after a lackluster performance in 2016.
He said the January 2017 update o…
All the sub-sectors in the agriculture sector, recorded positive growth rates for the year 2016, Mr Ken Ofori-Atta, Finance Minister announced on Thursday. He said the Services Sector also continued to dominate the sectors with a share of …
Mr Ken Ofori-Atta,the Minister of Finance, on Thursday said the total public debt stock as at the end of 2016 stood at 73.3 percent of Gross Domestic Product (GDP) up from 71.63 percent in 2015.
That, he said, was due to the larger tha…
Africa’s largest airline group, Ethiopian Airlines, concluded a codeshare agreement with Air Namibia.
The codeshare agreement covers Ethiopian thrice weekly services to Windhoek and the services of both airlines beyond their respective …
As part of activities to celebrate the second anniversary of Access Bank’s flagship women empowerment programme ‘W’ Initiative, Access Bank is hosting the National Women’s Summit to help highlight the role of the Ghanaian woman in the dev…
The Finance Minister, Mr Ken Ofori-Atta has enjoined Ghanaians to follow President Akufo-Addo’s steps to hurriedly fix the country.
Presenting the 2017 budget statement and government economic policy in Parliament on Thursday, Mr Ofori…
Mr Ken Ofori-Atta, Minister of Finance on Thursday said a total expenditure including provision made for the clearance of arrears and outstanding commitments in 2017 is estimated at GHc56.5 billion.
This is equivalent to 27.8 per cent o…
Mr Ken Ofori-Atta, Minister of Finance on Thursday said in spite of the major investments made in the road sector, Ghana continue to have major challenges with delayed payments and the resultant penalty payments and poor quality but costly…
Mr Ken Ofori-Atta, the Minister of Finance, said the 2017 budget would result in an overall budget deficit of GHC13.3 billion, equivalent to 6.5 per cent of the gross domestic product (GDP).
Mr Ofori-Atta, who made this known in Ac…
The New Patriotic Party (NPP) government has planned to roll out seven promises this year, The Minister of Finance, Mr Ken Ofori-Atta has said.
Presenting the 2017 budget on Thursday, Mr Ofori-Atta said the programmes were aimed at boos…
Finance Minister Ken Ofori-Atta, on Thursday said poverty was not natural and urged the parliamentarians in Ghana and the citizenry to work in hand to liberate the nation from poverty.
He was optimistic that despite a weak economy inhe…
The National Lottery Authority (NLA) has launched a book to elaborate the authority’s rich history which has been handed down from one generation of staff to another.
The book, titled: “National Lottery Authority: The Journey So Far” is…
Air France has launched direct flights from Charles De Gaulle airport in Paris to the Kotoka International Airport in Accra, as part of its efforts to increase services between Europe and Africa.
Speaking at a press conference organised…
Dr Kwadwo Mensah-Darkwa, Lecturer at the Department of Materials Engineering, at Kwame Nkrumah University of Science and Technology (KNUST) has commended Reroy Cables Limited, a subsidiary of Reroy Group, for its state-of-the-art facility.…
The Ghana Oil Company Limited (GOIL) shares on the Ghana Stock Exchange (GSE) rose by 0.8 per cent to GHc1.19 per share after government clears the leadership turmoil at the Company.
The GSE market trading made available to the Ghana Ne…
The government plans to remove import duties on automobile spare parts to help reduce prices of vehicle spare parts in the country, the Finance Minister, Mr Ken Ofori-Atta has said.
This, however means that buyers of automobile parts wi…
Government has introduced a number of tax reliefs in the 2017 budget statement and economic policy, the Finance Minister, Mr Ken Ofori-Atta has announced.
Below are some highlights of various taxes that have been abolished by the g…
MTN in partnership with GLICO General Insurance Company has launched a Mobile Care insurance designed as a protection against accidental phone damage, screen damage, theft and loss of mobile phone.
The Mobile Care Insurance is currently…
Snap, owner of messaging app Snapchat, has priced its shares at $17 ahead of Thursday's listing on the US stock market.
The flotation values the business at $24bn, although Snap has never made a profit.
It will turn the company's fou…
The Business Division Manager for Tigo Insurance, Barbara Asante, has been adjudged the Outstanding Mobile Insurance Personality of the year.
She received the award at the third annual National Women in Finance Awards held in Accra.
…
The Board of Directors of the Ghana Oil Company Limited (GOIL) has apologised to President Nana Addo Dankwa Akufo-Addo for what it says was the board’s response to the purported appointment of a new Chief Executive Officer (CEO) for GO…
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