Return State Cars Or Be Chased
Controversial musician A Plus has cautioned some celebrities who campaigned for the previous “NDC” government to return state cars given them before the NPP’s task force start chasing them...
Tag: Business_Finance
IFS Cautions Government To Restrain Expenditure
Unhappy with the tight fiscal space government is confronted with, economic Policy Think- Tank, the Institute for Fiscal Studies (IFS) is advising caution in expenditure to forestall escalation of...
IFS Cautions Government On Expenditure
Unhappy with the tight fiscal space government is confronted with, economic Policy Think-Tank, the Institute for Fiscal Studies (IFS) is advising caution in expenditure to forestall escalation of the...
Fifty Companies To Receive Government Support
The Ministry of Trade and Industry (MoTI) has selected 50 companies that will be provided with a stimulus package to revive them. They were among more than a 100 businesses which applied for...
Kia Motors Announces $1 Billion Investment In India
South Korean car maker Kia Motors said Thursday it will build a new 1.1 billion plant in India, marking its entry into one of the world's fastest growing markets as sales in neighbouring China have...
A Decade After Oil Discovery! The Bold Steps, the Mistakes, the Lessons, and the Future
A decade after oil discovery! The bold steps, the mistakes, the lessons, and the future When Ghana discovered hydrocarbons in commercial quantities a decade ago in 2007 under the erstwhile Kufour...
15 Year Energy Bond Timely For Banks’ Rising NPLs – CAL Bank MD
Banks are optimistic of significant improvement in their non-performing loan portfolios as government initiates moves to clear all outstanding debts owed them. The assurance comes on the back of...
HFC Bank Appoints Charles Zwennes As New Board Chair
HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited, has appointed Mr. Charles William Zwennes as the new Chairman of the bank’s Board. This follows the resignation of Professor...
Deal On Aboadze-Tema Gas Pipeline Not Concluded
The Ghana National Gas Company has refuted media reports that it has concluded an agreement with the Chinese multinational service conglomerate, Yantai Jereh to Build Operate and Transfer(BOT) a...
Banks Write Off GHC175 Million
Bank's total provision for the first two months still remained high, according to the latest Banking Sector Report. Commercial banks in Ghana made a provision for bad debt of GH¢175 million at the...
Banks Write Off GHc175m
Banks total provision for the first two months still remained high, according to the latest Banking Sector Report. Commercial banks in Ghana made a provision for bad debt of GH¢175 million at the...
Ibrahim Mahama’s Companies To Pay GHC12.4m In Two Weeks
MBG Ltd. and Holman Brothers Ghana Ltd., both owned by Mr Ibrahim Mahama, brother of ex-president John Mahama, are to pay the Ghana Revenue Authority (GRA) an outstanding debt of GH¢12,394,803.08 in...
Airbag Maker Takata Shares Plunge Nearly 20% On Bankruptcy Report
Takata shares dropped nearly 20 percent on Thursday after a media report said the embattled Japanese airbag maker was considering filing for bankruptcy protection and then rolling its key businesses...
Ebook Sales Drop As Readers Favour Non-Fiction Books
Sales of ebooks dropped 3% to £538m last year, according to the Publishers Association trade body. But total book sales including physical books rose 6% to £3.5bn, according to the data, led by...
Distressed Companies To Benefit From GHC220m Rescue Package
The government, through its National Industrial Revitalisation Programme (NIVP) has provided GH?220 million to revive distressed but viable local companies across the country. The programme, which...
Consumption of Aviation Fuel Up By 18%
Last year, consumption of aviation turbine kerosene (ATK), the fuel used by aircraft, rose by 17.9 per cent to 140,272 metric tonnes. The increment was due to the removal of taxes on the product and...
MoFA Assures PAC of Better Financial Management At Ministry
The Ministry of Food and Agriculture has given assurance of its implementation of measures to ensure that it is more efficient in revenue generation and financial management. The assurance was given...
Distressed Companies To Benefit From GHc220m Rescue Package
The government, through its National Industrial Revitalisation Programme (NIVP) has provided GH?220 million to revive distressed but viable local companies across the country. The programme, which...
God Will Help Us Rebuild — Nduom
President and Chairman of Groupe Nduom (GN), Dr. Papa Kwesi Nduom, has stated that asmuch as it is painful to see what he has toiled for burn to ashes, he was hopeful God will help him rebuild what...
Asian Markets Go Into Reverse With Questions Over Trump Tax Plan
Asian markets took a step back Thursday after a four-day rally, tracking a weak lead from Wall Street, as traders assess the chances of Congress passing Donald Trump's massive tax cuts. As expected,...