Millicom Ghana Limited, operators of Tigo mobile service, on Thursday presented a brand new Suzuki Vitara Saloon Car to the second grand prize winner of its "Top Up and Win Promotion," at a ceremony in Kumasi.
Mr Peter Abebrese, a Kumasi…
Mr Kwasi Addae, a Businessman has appealed to Ministry of Trade and Industry to institute measures to regulate activities of foreign traders to stop the influx of cheap foreign products and safeguard local industries in the country.
…
Government on Thursday said it would directly monitor the activities of the National Communications Authority (NCA) and the mobile operators to ensure efficient quality service delivery.
It said: "NCA will be monitored to ensure that…
Mr. Cletus Kosiba, Executive Director of the Association of Ghana Industries (AGI), said Small and Medium Enterprises (SMEs) needed supportive business environment to contribute meaningfully to growth and development of the economy.
…
Traders from the Southern part of the country, popularly called Market Queens, have been urged to buy tomatoes from farmers in the Upper East Region instead of purchasing the vegetable from neighbouring Burkina Faso.
Mr. Mark Woyongo…
Senator Musilu Obanikoro, Nigeria High Commissioner to Ghana has advised the government of Ghana not to prioritize activities of foreign oil companies over the Tema Oil Refinery (TOR) when the production of oil begins in the country.
Sen…
Mr Benyameen S. A. Keelson, a Deputy Director of the Centre for National Culture, has urged investors to collaborate with the Sekondi Takoradi Metropolitan Assembly (STMA) to build a craft village for artisans in that area.
He said u…
Orange farmers in the Akuapem North District have appealed to the government to encourage investors to establish fruit processing plants in the region to motive them to produce more.
They held that the lack of ready market has made o…
The country's public debt stock is now eight billion dollars, Finance Minister Dr Kwabena Duffuor announced on Thursday.
Presenting the 2009 budget to Parliament, Mr Duffuor said public debt rose by about US$600 million last year to an …
The Ekumfiman Rural Bank in the Mfantseman District has re-launched its existing products to make them more attractive and profitable to customers.
Mr Samuel Kwesi Barnes, General Manager of the bank, who said this at Essuehyia, on …
Ghana Cocoa Board will continue to support initiatives aimed at eliminating the worst forms of child labour and forced adult labour in cocoa, COCOBOD Chief Executive Mr Tony Fofie, said on Tuesday.
Speaking at a Cocoa Verification Boar…
Credit Unions offer the most competitive advances in the country today, Mr Paul Tsekumah, Chairman of the Ghana Water Company Limited Credit Union in Ho Said.
He said given credit union's low interest rate of about three percent per …
The Obuasi Branch of the First National Bank has so far granted loans totalling 485,312 Ghana cedis to over 270 customers in the municipality, to help them expand their businesses.
Mr Yahaya Allasani, Branch Manager, who announced th…
Ghana Chapter of Pan-African Competitiveness Forum (PACF) is poised to revive Ghanaian businesses and ensure that they craft effective strategies to exploit business concepts available on the continent.
Many Ghanaian businesses are n…
Dormaa Teachers Cooperative Credit Union, has introduced two initiatives to boost savings among its members.
The first is the opening of youth saving clubs in three educational institutions and the second, the introduction of "Bobrap…
An industrialist has identified poor organization and supervision of Small and Medium Enterprises (SMEs) as the main factor hampering their smooth development.
The Reverend Samuel Fugah, National President of Small-Scale Carpenters A…
The Association of Ghana Industries (AGI) and Engineering Export Promotion Council, India (EEPC India) at the week-end signed a co-operation agreement to promote development of business opportunities between Ghana and India.
Under t…
Mr Momodou Foon, Acting Director General of West African Institute for Financial and Economic Management (WAIFEM), on Monday said post-HIPC countries risked losing the gains made through debt forgiveness if they did not adopt stringent deb…
The Business School of the Kwame Nkrumah University of Science and Technology (KNUST) in collaboration with the Technical University of Bergakademie in Freiberg, Germany, would organise an international conference on management of resource…
Poor record keeping by entrepreneurs is a major problem retarding the development of local businesses leading to many of them winding up prematurely, a private business consultant has said.
Mr David Atinga, director of Administration…
Ghana and the European Commission (EC) on Thursday signed an agreement for additional 6.02 million Euros under the 10th European Development Fund to help government address the effects of the escalating international food prices.
The…
Consultations between the government, labour and employers towards the implementation of the single spine salary scheme in the public sector on Friday kicked off again with a pledge by government to ensure equity in the pay system.
D…
Telecom giants TIGO on Wednesday launched "longer longer" promotion to cushion the burden of costs of mobile phone conversation that customers incur as result of the harsh economic times.
The "longer longer" promotion allows all TIGO…
The Maritime and Dockworkers Union (MDU) of Ghana Trades Union Congress (TUC) has called for full investigations into the purchase and operations of PSC Tema Shipyard Company.
A position paper signed for Mr Eben Mensah, General Secre…
Mr. Ian Gary, Senior Policy Adviser on Extractive Industries, Oxfam, on Tuesday cautioned government that the challenges in the emerging oil industry in Ghana were broad, deep and complex and should not be underestimated.
He explaine…
IFC, a member of the World Bank Group, announced on Wednesday that it would work with the Ghana Investment Promotion Centre (GIPC); Government; key regulators and the private sector to promote leasing as an alternative source of financing …
Hotel Le Bristol, one of the world's leading hotel, will open a new one in the Gulf booming capital of Abu Dhabi in 2012, local daily The National reported Thursday.
The ultra-luxury hotel, to be called Le Bristol Abu Dhabi, would co…
The Domestic Lumber Traders Association of Ghana (DOLTAG) had appealed to the government to review the law banning chain saw operation of lumber as it promotes corruption rather than bring sanity into the wood industry.
The association n…
Small and Medium Scale Entrepreneurs (SMEs) in the Ashanti region, have called for the reorientation of the metropolitan, municipal and district assemblies to focus on the development and expansion of businesses in their respective areas.
…
Mrs. Anne Marie Idrac, French Minister of State to the Ministry for the Economy, Industry and Employment with responsibility for Foreign Trade, begins a two-day visit to Ghana from Friday during which he would meet President John Evans Att…
The Monetary Policy Committee has announced an increase in its Prime Rate by 1.5 percentage points to 18.5 per cent in a bid to stem inflation and reduce exchange rate expectations.
Inflation is steadily on the rise, reaching a five…
The Securities and Exchange Commission (SEC) has revoked the licence of Quad Investment Limited with effect from February 23.
A statement from SEC said its action was because the company failed to comply with conditions attached to t…
Some 1,307 Thai companies went bankrupt in January, 53.7 percent higher than that of the same period of 2008, due to the global economic crisis, Thailand's Department of Business Development said Tuesday, quoted by the website of Bangkok P…
The South Korean government is contemplating on adopting the coupon program in a bid to support the nation's low-income households which are hard struck by the economic recession, South Korea's Korea Herald said Tuesday.
Experts said…
The Bank of Ghana is projecting a Gross Domestic Growth rate between five and six percent for 2009.
The Ghana Statistical Service has a preliminary estimate of 6.2 percent growth for last year, which is yet to be revised.
"Developm…
Newmont Chief Executive Officer (CEO), Richard O'Brien says in view of recent volatility in global mining, the Company has had to defer decisions on its Akyem Project in Ghana, which would involve mining in the Ajenua-Bepo Forest Reserve.…
The Association of Ghana Industries (AGI) in collaboration with Small and Medium-Scale Enterprises (SMEs) in the Ashanti Region, have held a day's workshop in Kumasi to brainstorm on the challenges facing businesses in the private sector f…
Dr Peter Quartey, a Research Fellow at the Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana on Monday stressed the urgent need for enactment of the proposed law to improve fiscal discipline and prom…
The management of Internal Revenue Service (IRS) has adopted pragmatic measures to modernise its operations in conformity with internationally accepted standards to realise its vision to excel as an effective tax administration.
It h…
Mr Theophilus Aidoo-Mensah, a Member of Gomoa West District Assembly, has commended President John Evans Atta Mills for proposing that Parliament should amend its standing orders to allow institutions established under Article 71 of the co…
Members of the Gomoa East District Assembly have appealed to the government to fix end-of-service benefit for members of metropolitan, municipal and district assemblies in the country.
Prince Charles Abbam, the Presiding Member, who …
Tanzania's central bank has formally announced a slump in the country's tourism sector for the second half of the current fiscal year which ends in June.
The Bank of Tanzania said in its monetary policy statement for February that t…
The Ghana Investments Promotion Centre (GIPC), on Friday launched its 2009 Ghana Club 100 (GC100) Awards at its new plush offices at the Gulf House near Tetteh Quarshie Circe in Accra.
Mr. Robert Ahomka-Lindsay, Chief Executive Offic…
President John Atta Mills on Thursday said his Administration was making sure the Presidency would not constitute an undue burden on the Ghanaian taxpayer.
In his maiden State of the Nation Address, dubbed: "Rescue Plan for a Better …
Lower food prices have led to a drop in Tanzania's annual inflation to 12.9 percent in January compared with 13.5 percent in December of last year, according to the Tanzania National Bureau of Statistics.
The statistical bureau said…
A Media Development Fund to support private and independent media organizations in West Africa would start operation, in January 2010, with the aim of enhancing press freedom and democracy.
The fund dubbed: "West Africa Media Develop…
Members of the Beads Sellers Association in the Eastern Region have said the beads industry was declining due to lack of permanent place to market their products.
The over 300 members of the association are therefore appealing to the…
The German Technical Cooperation (GTZ) is facilitating the establishment of industrial zones with reliable access to energy and business development services in some district capitals
A statement from the Sunyani office of GTZ/PSED s…
Germany will not promise to offer financial support to those insolvent countries in the eurozone, said German Chancellor Angela Merkel on Thursday.
At a joint press conference with visiting European Commission President Jose Manuel B…
The Volta Regional House of Chiefs has begun work on a development plan for the region and it will include inputs from all traditional areas.
Togbe Afede IV, Agbogbomefia of Asogli State and President of the House, said this at Ho at…
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