Importers Kick Against 0.02% AU ‘tax’
Importers have warned they will increase the prices of goods within the coming months should government fail to halt the proposed 0.02 percent deductions on all imports outside the African Union...
Tag: Business_Finance
Embattled Uber CEO Kalanick To Take Leave of Absence
Uber chief executive Travis Kalanick announced Tuesday he would take an indefinite leave of absence as the embattled ridesharing giant unveiled steps to reform a corporate culture marred by a series...
Capital Bank Trains Clients On Regulatory Framework
Capital Bank has organised a training programme aimed at building the capacity of over 100 of its trade clients on the regulatory framework governing trade transactions. The event was also used to...
Ghana Is A Land of Opportunity For Private Capital
President Nana Addo Dankwa Akufo-Addo says Ghana “is a land of opportunity for private capital” due to the reforms his government has put in place over the last five months, which involve fiscal...
11 Teams Progress In Kosmos Innovation Center AgriTech Challenge
Eleven teams have qualified to the next level of the 2017 AgriTech Challenge hosted by the Kosmos Innovation Center. The teams qualified after impressing a jury with the presentation of their...
Dr. Kofi Mbiah Retires From the Ghana Shippers’ Authority
After just weeks of stepping down as the Chairman of the International Maritime Organization’s (IMO) Legal Committee in London, Dr. Kofi Mbiah, has gracefully bowed out as the Chief Executive of...
Minority MPs Bemoan 21% Slash In GETFund Cash
The Minority in Parliament has bemoaned government’s decision to reduce allocation to the Ghana Education Trust Fund (GETfund) by 21%. According to the Minority, the reduction would affect project...
Oversupply Forecasts Dip Cocoa Prices
A fall in cocoa prices on the world market is weighing on revenues after Ghana missed its production target. The Ghana Cocoa Board (Cocobod) announced it was GH¢10 billion ($2.2 billion) in debt....
Ethiopian Airways To Open Cargo Terminal
Ethiopian Airlines has announced it will inaugurate its state-of-the-art Cargo Terminal-II during the Second ICAO Global Air Cargo Development Forum, which it’s hosting from 27-29 June, 2017....
US Fed Poised To Hike Despite Weak Inflation
The US Federal Reserve was due to begin a two-day review of monetary policy on Tuesday, with the second interest rate increase of 2017 seen as a near certain result. Any increase, however, would come...
Deutsche Bank To Pay $170 Mn Private Suit Settlement In US
Germany's Deutsche Bank has agreed to pay $170 million to settle a private lawsuit charging it conspired with other major banks to rig a key interest rate, according to a US court filing Monday. The...
Shoppers At West Hills Mall ‘cruising’ For Brand New Chevrolet Saloon Car
A brand new Chevrolet saloon car which has been on display at the foyer of West Hills Mall since April has suddenly triggered off a wave of shopping which mall management described as unprecedented....
Health Ministry Accepts Blame For TTH Power Struggle Crises
The health Ministry has accepted responsibility for the ongoing power struggle at the Tamale Teaching Hospital (TTH) that has led to tensions among staff following the appointment of a successor to...
Zimbabwe Bans Corn Imports After Bumper Crop
Zimbabwe has banned the import of corn after enjoying a bumper crop that authorities hope will be enough to feed the nation and stimulate home-grown production, state-owned media reported Tuesday....
Reliable Climate, Weather Data Key To Africa’s Agric Transformation [Article]
Though it has about 60% of the world’s uncultivated arable land, Africa’s net food import is predicted to grow from $39bn in 2016 to over $110bn by 2025. Food production is desperately low due in...
Blame Us – Ministry of Health
The Ministry of Health has accepted responsibility over the confusion that resulted from the appointment of a new Chief Executive Officer for the Tamale Teaching Hospital (TTH). The Public Relations...
US Wholesale Prices Flat In May
Falling food and energy prices helped keep US wholesale inflation flat in May, in another sign of slackening price pressures, the Labor Department reported Tuesday. The new figures come as the US...
High NPLs To Tighten Credit To the Private Sector
Financial sector analysts are predicting a further contraction in credit to the private sector following their high contribution to the Non Performing Loans (NPL) of banks. They argue that the...
White House Calls For Rollback of Banking Regulations
The White House on Monday issued a roadmap for loosening US banking regulations, including a recommendation to ease "stress tests" for large banks, according to a report published by the Treasury....
Outgoing TTH CEO Was Not Officially Notified To Hand-Over To New CEO
Public Relations Officer (PRO) for the Ministry of Health, Robert Cudjoe has confirmed that the outgoing Chief Executive Officer (CEO) for the Tamale Teaching Hospital, Dr. Prosper Akambong has not...