Some economists are predicting that Ghana’s economy will be 5 percent by the end of this year. This is lower compared to government’s 6.3 percent and the World Bank’s 7 percent projections....
People complained of extortion before they were allowed to receive parcels mailed to them Ghana Post Company has apologized to its customers for rendering poor services to them. This follows...
General Electric (GE) is billed to supply power generation equipment for Ghana’s 400 megawatt (MW) Bridge Power project located at Tema. Upon completion, the 400 MW greenfield project will be...
Trade and Industry Minister, Alan John Kwadwo Kyerematen has said that aside the one district one factory, the government is looking forward to establishing a new vehicle assembly and automotive...
Construction of an onion factory is expected to begin in Bazua in the Binduri District of the Upper East Region under the ‘One District, One Factory’ policy of government. The factory will be set...
The government has been asked to put out details of the amendment to the US$498 million Millennium Challenge Corporation (MCC) support for the country’s energy sector. The Acting Executive Director...
Mr Joe Ghartey, the Minister of Railways Development, has said Government would in the next three and a half years construct approximately 1200 kilometres of rail to boost Ghana’s economy. He said:...
GCB Bank recorded a 31.06% dip in pre-tax profits in the first quarter of 2017 . Profit before Tax fell from GHS 126,862,000 in Q1-2016 to GHS 87,464,000 in Q1-2017. The significant fall in pre-tax...
Ghana like all developing countries is losing billions of dollars to illicit financial outflows and inflows from trade fraud, according to a new report by the NGO, Global Financial Integrity (GFI)....
Gross sales volumes of crude oil in the first quarter of 2017 averaged approximately 132,500 barrels of oil per day (bopd). This comprises 82,500 bopd from the Jubilee fields and 50,000 bopd from...
Minister of Railways Development, Joe Ghartey, has encouraged foreign investors to consider investing in Ghana’s infrastructural sector, especially the country’s rail subsector. Hon. Ghartey...
The Kumasi City Mall (KCM) which opened for business 20 days ago will sparkle with pomp and glamour tomorrow, May 10 2017 for official commissioning. The commissioning will take place under the joint...
Plans to rake in GH¢3.92 billion from the cocoa sector this year are on the line, following a 17.7 per cent fall in prices of the soft commodity in the first three months of the year. After ending...
Ghana will host the 2017 edition of the IEEE-PES Power Africa Conference on the theme, ‘Harnessing Energy, Information & Communications Technology (ICT) for Affordable Electrification of Africa.’...
The Group Chief Executive of CDH Financial Holdings Limited, Emmanuel Adu-Sarkodee, has won the prestigious and coveted Group Chief Executive Officer of the Year Award for 2016, at the 7th Ghana...
Some stakeholders of the Ghana Stock Exchange (GSE) are hopeful the bourse will record good performance in this year’s activities due to growing enthusiasm in the capital market. The GSE recorded...
The Ministry of Finance is hopeful that a US$2.6 million Remittance Grant Facility (RGF) secured from the Switzerland government will help bring down the cost of remitting money to the country from...
Cenpower Generation is set to add on stream a combine-cycle power plant of 350 megawatts to the country’s energy needs by the third quarter of this year. The US$ 900 million project, a...
Details emerging from the Bank of Ghana (BoG), reveal the negotiated resignation of Dr. Abdul-Nashiru Issahaku, as Governor, three years ahead of his four-year mandate caused the taxpayer GH¢3,204...
The Akufo-Addo government has assured, it will revive the Komenda Sugar factory after it was shut down last year for reasons blamed on the former government's poor economic judgment. Deputy Trade...