Initial FDI Transfers Soar
The Ghana Investment Promotion Centre (GIPC) has recorded a total of 51 projects valued at US$1.45 billion in the second quarter of the year, with a foreign direct investment (FDI) component valued...
Category: Business
Official Liquidator Releases List of Validated DKM Creditors
The Official Liquidator has disclosed that payments to creditors of DKM Microfinance are set to commence on Monday, October 17, 2016. A statement released by the Registrar General’s Department and...
Galamsey Is Biggest Threat To Cocoa Production
Illegal mining remains the biggest challenge confronting cocoa farmers in their bid to increase production of the country’s leading cash crop. Farmers of local buying company, Cocoa Abrabopa,...
Teachers’ Fund To Grow Assets To GHC1 Billion By January
The Teachers’ Fund (TF) of the Ghana National Association of Teachers (GNAT) is expected to grow its assets to about GHC1 billion, by January, next year. The Fund’s assets as of September stood...
Spio-Garbrah Persuades Ghanaians Over ‘Made In Ghana’ Campaign
The Minister of Trade and Industry, Dr. Ekow Spio-Garbrah says persuasion and appeal to the national pride, will culminate in achieving the objectives of the made in Ghana campaign. Though the...
Investors Urged To Explore West African Markets
Investors across the globe have been urged to explore the large pool of opportunities in the West Africa sub-region. According to Senior Partner and Head of PricewaterhouseCoopers (PwC) Ghana, ?Mr...
Ghana Riding On Bumpy Path To Economic Recovery
The International Monetary Fund (IMF) has stated that Ghana was making progress in its economic management but cautioned that the country will have to ride on a bumpy path to economic recovery....
US$60 Million Ceramic Factory To Create 1500 Jobs – Kwakye Ofosu
The ceramic factory at Eshiem nearing completion in the Western will reduce the high rate of unemployment situation in the country since the firm will create over one thousand and five hundred (1500)...
DKM Depositors Want Registrar General To Make Good Promise
Some depositors of defunct Microfinance Company, DKM Diamond are urging the Registrar General to make good on her pledge to commence their repayment by the second week of October. The Official...
Government’s Interference In DKM Scam Acceptable – World Bank Executive
The Global Lead for Credit Infrastructure at the World Bank, Mahesh Uttamchandani has described as acceptable, government’s intervention in the DKM microfinance scam to help customers get back...
Demand For Kalyppo Increases
Demand for Kalypo has shot up as some Ghanaians have resorted to purchasing and drinking the product in solidarity with New Patriotic Party (NPP) presidential candidate, Nana Addo Danquah Akufo Addo,...
Africa Must Improve Domestic Rice Production – Kufuor
Former President John Agyekum Kufuor has reiterated the need for African countries to implement the right policy to produce and export quality rice to save cost. He urged African leaders to take up...
Komenda Sugar Factory To Resume Operations In November
The Komenda Sugar Factory in the Central Region will resume operations in November, Secretary to the Board of Governors of the company, Ransford Vanni-Amoah has said. According to him, the factory,...
Galamsey’s Impact On Komenda Sugar Factory Untenable – Dr. Ato Arthur
The Member of Parliament(MP) for Komenda Edina Eguafo Abirem (KEEA), Dr. Ato Arthur, has shot down assertions that galamsey activities should be blamed for challenges at the Komenda Sugar factory. It...
Economy Losing Out On US$400 Billion Dairy Market
Even though the global market for dairy products is growing steadily and is expected to generate revenues worth over US$400billion in 2019, Ghana continuous to lag behind, thereby losing out on this...
Generate Revenue Without Borrowing
The Chief Executive Officer of Comet Properties Limited, Nana Odeneho Kweku Kyeremateng, has asked political parties contesting this year’s election to tell Ghanaians how they intend to generate...
WAPCo To Resume Gas Supply; US$162 VRA Debt Lingers
The West Africa Gas Pipeline Company (WAPCo) has said it is ready to resume transportation of some 30million standard cubic feet per day of gas to the Volta River Authority, although it expects the...
Meet Ashesi Lecturer, Dr. Sena Agyepong, Who Is Helping Reform Ghana’s Cocoa Sector
Central to Ashesi University’s mission is the goal to train students to become self-starters, which would be a key attribute for future leaders; since inception, students at Ashesi have received...
The Debtor Must Live To Pay His Debt
The Minister of Petroleum, Emmanuel Armah-Kofi Buah has lashed out at the West African Gas Pipeline Company (WAPCo) for disconnecting gas supply to Ghana over the country’s debt to the company....
BoG Urged To Promote Cashless Transactions
The Chief Executive Officer of Zoobashop, Mr Albert Biga, has called on the Bank of Ghana to introduce interventions that will promote cashless transactions. The Central Bank is seeking to promote a...