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 come up with innovative solutions in the areas of solar energy,...
Category: Business
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 engagements with stakeholders in the financial sector. This is...
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 experts from the International Atomic Energy...
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 and BONADES Limited, a Ghanaian-owned Construction...
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 Business and Emerging Markets;...
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 corporate tax from the current 25 percent. The slash 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 million cedis annually. ADB’s earlier...
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 content, potato is said to have other...
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 Agyarko consistent...
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 the Electricity...
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 to improve Ghana’s GDP rate and...
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 programme to December 2018 from...
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 admit that a further reduction would have had a greater impact on...
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 owed the poultry industry is fast sending the industry to...
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 are missing. According to...
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 will help transform the country from a...
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 was speaking at the first Bidders’...
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 Western Region is brought before parliament following...
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 was made known at the first...
‘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, Managing...