Business

Business

Trade Surplus Doubles To US$1.2bn In April

Export proceeds in the first four months of the year overtook imports by 30.2 per cent, resulting in a balance of trade (BOT) surplus...

Government Seeks Partners To Set Up Cement Factory

The Vice-President, Dr Mahamudu Bawumia, has said the government is exploring avenues to team up with private investors to establish a cement factory at...

Let’s Drive Development Through Mathematical Sciences

The African Institute of Mathematical Sciences (AIMS) Ghana is urging stakeholders, including industry and diplomatic corps, to support the government’s bold ambition to transform...

Premix Fuel Adulterators To Face Prosecution

Government will prosecute people who smuggle, hoard or adulterate premix fuel in the country following coming into force of Legislative Instrument (LI) 2233 and...

Africa Loses About US$50bn Yearly Through Illicit Outflows – Vitus Azeem

The Executive Director of the Center for Budget Advocacy Ghana Mr. Vitus Azeem says Africa loses as much as 50 billion dollars each year...

Shippers In Ghana To Pay For Services Via Mobile Money

Shippers can now effect payment for services rendered to them in the clearance chain via mobile money, online as well as card payment and...

Intra African Trade Holds Key For Economic Development

Intra-African trade has the greatest potential for building sustainable economic development and integration, says African Economic Outlook (AEO) 2017. AEO, is a flagship report of...

IAEA Submits INIR Mission Report To Ghana’s Energy Minister

Ghana on Wednesday recorded a major headway in its Nuclear Power agenda, when it received the official report of the Integrated Nuclear Infrastructure Review...

High Cost of Production Threatens Housing Sector – GREDA

The Ghana Real Estate Developers Association (GREDA) has stated that the industry is facing huge crises due to its unproductive nature. The Association has attributed...

GCIC To Invest $1bn In Clean Energy

The Ghana Climate Innovation Center(GCIC) has set out to give a total of 1.1 billion dollars to 50 entrepreneurs who will be able to...

BoG Sets GHc200m Capital For Banks

The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July this year, following extensive...

Ghana Inches Closer To Building A Nuclear Power Plant

Ghana, Wednesday, made a giant step towards its nuclear agenda when it received the Integrated Nuclear Infrastructure Review Report (INIR) from a team of...

Ghana To Get First Spaceship Launch Pad In Africa

Ghana is set to become the first country in Africa to get a Spaceship Launch pad, following a partnership deal between KESHE Foundation Ghana...

Banks Should Focus More On Online Banking – Dr Singh

Professor of Marketing and International Business in the Faculty of Business and Economics at the University of Winnipeg and Editor-in-chief of International Journal of...

Government To Slash Corporate Taxes To 20% In 2018 – Alan Kyerematen

Private sector businesses should from next year begin paying less in corporate taxes. It comes on the back of the proposed 5 percent drop in...

ADB To Save GHc24m Annually From Acquiring Head Office

The Agricultural Development Bank (ADB) has disclosed that its plan to secure where it is currently headquartered, will ultimately save the bank about 24...

Farmers Encouraged To Explore Economic Potential of Sweet Potato

Farmers and other stakeholders are being encouraged to explore the business potential of sweet potato along its value chain. Besides its rich in Vitamin A...

Energy Minister Might Have Hidden Agenda – Manteaw

The Co-Chair of the multi-stakeholder committee of the Ghana Extractive Industry Transparency Initiative (GHEITI), Dr. Steve Manteaw has said the Minister of Energy, Boakye...

Six Companies Shortlisted To Bid For ECG Concession

The Millennium Development Authority (MiDA) has shortlisted six applicant companies under the concession for the Private Sector Participation (PSP) in the electricity distribution of...

We Must Challenge Ourselves – Mohammed Awal To Businesses

Business Development Minister, Ibrahim Mohammed Awal has called on businesses in the country to challenge themselves by working together with the government in order...

Ghana To Request Extension of IMF Programme To Dec 2018

An extension would reassure markets and also likely bring in additional IMF funds Ghana's government will ask the International Monetary Fund to extend its support...

Stable Economy To Push Down Interest Rates – PEF

The Private Enterprise Federation has lauded the move by the Bank of Ghana to reduce the MPC rate by 100 basis points although they...

Poultry Industry Near Collapse Over No Compensation For Bird Flu

Poultry farmers are yet to be paid after their birds were destroyed due to bird flu attack The constant refusal by government to pay debts...

Ghana Gas Helicopters ‘not Missing’ – Manteaw

The co-chair of the Ghana Extractive Industry Transparency Initiative (GHEITI), Dr. Steve Manteaw has downplayed media reports that three helicopters for Ghana Gas Company...

USAID Country Director Lauds One District, One Factory Policy

The Country Director of USAIDS Ghana, Girmay Haile has lauded the government’s decision to introduce the 1 district 1 factory policy. The policy he intimated...

We Need Power To Turn Economy Around – Agyarko

The Minister for Energy, Boakye Agyarko has underscored the need for the sustainable management of the state power company to forestall a total collapse. He...

Parliament Will Review Atuabo Contract – Akoto Osei

The Minister of Monitoring and Evaluation, Dr. Anthony Akoto Osei will be making sure the contract for $1 billion Atuabo Gas plant in the...

Bidders Reduced To 6; MIDA Sets Eyes On Financially Viable Bidder

The Millennium Development Authority (MIDA) has assured Ghanaians that it will select a financially viable concessionaire for the Electricity Company of Ghana (ECG). This...

‘One District, One Factory’ Wins GHc1bn GCB Support

Government’s District Industrialisation Project, otherwise known as the ‘One District, One Factory’ initiative, has received a GH¢1 billion support package from GCB Bank. Ray Sowah,...

Lack of Strong Institutions Contributes To Challenges In Energy Sector

The lack of strong institutions in the energy sector has contributed to challenges currently being experienced in the sector, the Africa Center for Energy...

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