Alan K Promises New Dawn For Economy
Ghana's economy will shift from commodity-based to industrialisation in the next few years, following ongoing efforts to prioritise investments in petrochemicals, iron and steel industry and...
Category: Business
Reviving Ailing Cocoa Sector Will Stop Galamsey
The revival of the ailing cocoa industry will help in the fight against illegal mining aka galamsey, Chief Executive Officer (CEO), of Ghana Coco Board, Mr. Boahen Aidoo has asserted. According to...
Money Lenders Sweat Over New BOG Minimum Capital Requirement
About 500 members of Micro-Credit Association of Ghana will not meet the deadline for the minimum capital requirement. Results of a research supported by Business Sector Advocacy Challenge (BUSAC) in...
National Financial Inclusion Strategy In the Offing
The government is to launch in June, this year, a national financial inclusion strategy aimed at making financial services accessible to all Ghanaians, a Deputy Minister of Finance, Ms Abena Osei...
Banker Advocates US$200m Capital For Banks
Frank Adu Jnr, Managing Director of CAL Bank, has proposed an increment in the current minimum capital requirement for universal banks from GH¢120million to US$200million, to create larger banks...
NPA Fights GHC850m Fuel Smuggling Syndicate
The National Petroleum Authority (NPA) has announced measures to deal with the smuggling of petroleum products which is costing the nation about GH¢850 million. As part of the measures, exporters of...
Okobeng Mining Cleared Over Illegal Mining
Investigations by Today has established that local mining giant, Okobeng Mining Company, is not involved in illegal mining, contrary to some media reports. Okobeng is a legitimate mining company with...
ECG Bidders’ Conference Slated For 3weeks
Citi Business News can confirm that the Bidders’ Conference that is expected to assemble all the six concessionaires for the privatization of the Electricity Company of Ghana will take place in two...
Clarify Changes To ECG Privatization Compact – John Jinapor
National Democratic Congress Member of Parliament for Yapei Kusawgu, John Jinapor, wants what he calls ambiguity surrounding the Electricity Company of Ghana’s (ECG) privatization compact...
Government Will Not Tolerate Non-Performing Chief Directors
Government will not tolerate the non-performance of Chief Directors of the various Ministries, Departments and Agencies, Mrs Frema Opare, the Chief of Staff, said on Friday. Speaking at the signing...
WACAM Director Demands Full Disclosure In MiDA Review Agreement
The Associate Executive Director of the Wassa Association of Communities Affected by Mining (WACAM) has called for full disclosure in the controversial MCC Power Compact II agreement between the...
TGL Not Directed To Sole Source Any Drilling Contract
Tullow Ghana Limited (TGL) says Petroleum Commission has not raised any red flag over its decision to pre-qualify 39 companies for a drilling tender despite a contrary report in the media. The...
Ghana On the Verge of Petroleum Crisis; Government Warned
The Association of Oil Marketing Companies (AOMCs) has called on the government to regulate the growing activities of black market petroleum dealers which it says are pushing Ghana towards a...
PUWU Livid Over Sideline In Negotiations On ECG
The Public Utility Workers’ Union (PUWU) has expressed disappointment at government for failing to discuss with them details concerning the Millennium Challenge Corporation (MMC) Power Compact II...
Public Sector Workers Offered Another Opportunity To Register
The government has given a lifeline to 26,589 public sector workers who failed to register biometrically with the Social Security and National Insurance Trust (SSNIT). Although they will not receive...
‘Ghost Names’ Designed By Successive Gov’ts To Rob the State
A tax and finance expert, Mr. Cudjoe Akpadie says the existence of 'ghost names' on our payroll is a deliberate and calculated attempt by successive governments to steal from the state. According to...
Impact of Policy Rate On Ghana’s Interest Rates
In slashing the policy rate in November 2016 from 26% to 25.50% and subsequently by 200 basis points in March 2017 to 23.50%,the Bank of Ghana (BoG), amongst others seek to boost consumer spending...
1st Annual ‘China Trade Week Ghana’ To Open In Accra
The 1st annual China Trade Week Ghana makes its way to Accra this year to further strengthen ties between China and Ghana. According to the organisers, MIE Events DMCC, its Managing Director David...
Origin8 Named Event Organiser For Maiden Aviation Exhibition
Origin8, an integrated marketing communications company, has been named the official event organiser for the maiden Aerospace and Aviation Exhibition for Africa to be organised from October 24 to 26,...
Gov’t, Partners Set To Provide 15,000 Affordable Houses
Government is working with three private partners to provide 15,000 affordable housing units in parts of the country under a US$1.5 billion program. The 10-year program, dubbed the Ghana Housing...