ADB Grabs GHC325.7m From IPO
THE Agricultural Development Bank (ADB) has managed to get GH¢326, 784,952.70 from its initial public offering which ended this week, which represents about 84.90 percent subscription level,...
Tag: Economy of Ghana
Business Activities Slows Down In T’di
Business activities in Takoradi are still slow after the general elections on Wednesday. Shops and stores which hitherto did not open on Wednesday all opened on Thursday to sell their goods and wares...
Dec Polls Winner Should Put SMEs High On Agenda
Ghana should also look at how investments in roads, power and telecoms – in partnership with the private sector – might drive growth by lifting productivity; it could also be a way to create...
Stakeholders Schooled On Ghana’s Mining Vision
Investment inflows into the mining sector from 1983 to 2015 has increased the output of all minerals production in Ghana, bringing in about 16 billion US dollars. Gold production increased by 93 per...
Airtel Not To List On the GSE Soon – MD
Telecom operator, Airtel, has ruled out any plans to in the medium to long term, list on the Ghana Stock Exchange (GSE). Though the telecom company is currently listed on the India Stock Exchange, it...
Govt Not Subsidizing GOIL- Terkper Insists
Finance minister, Seth Terkper has debunked suggestions that government pays subsidies to the Ghana Oil company limited, (GOIL). There were reports in the media suggesting that government was...
Government Not Subsidizing Goil
Finance minister, Seth Terkper has debunked suggestions that Government pays Subsidies to the Ghana Oil company limited, GOIL. Addressing the company’s annual staff Awards and Dinner night in...
COCOBOD Warns Staff Against Theft
The Ghana Cocoa Board (COCOBOD) has asked some workers who continuously steal to desist from the practice. It also cautioned staff, especially those occupying important positions, against indecent...
Cedi Depreciates Slightly After Dollar Auction
Some bank treasuries are anticipating a relative stability of the cedi in the short to medium term following the Bank of Ghana’s auctioning of dollars to commercial banks. According to them, the...
New Trend of Cement Retail Emerges In Kumasi
Some businesses are devising more ingenious ways to survive the extreme competition they face in the market, especially in cement sale. The challenge, therefore, has resulted in a creative way of...
Societe Generale Ghana Holds Chinese Desk Business Banquet
Societe Generale Ghana organised a Business Banquet for the Bank’s Chinese clients at the Tang Palace Hotel. The event which took place on Friday 25th November 2016, had in attendance over 80 major...
SSNIT To Rehabilitate Rawlings Park, Salaga Market Et Al
The Social Security and National Insurance Trust SSNIT has said that plans are advanced for the rehabilitation of the Salaga Market and Rawlings Park in Accra. The plan, according to the Director...
Rotary Club Spintex Raises Funds For School Project
The Rotary Club of Accra, Spintex has initiated a fundraising activity aimed at constructing an ultra-modern Kindergarten classroom block, a library and an ICT laboratory for the Old Lashibi TMA...
Nduom Commissions GN Bank Branch At Mankranso
Dr. Papa Kwesi Nduom has commissioned a branch of GN Bank at Mankranso in the Ahafo Ano South West District of the Ashanti Region. Commissioning the new branch, Dr. Nduom encouraged the people to...
Scrap Stability Agreements – Dr. Asiamah
The second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiamah, has called on the government to scrap stability agreements with mining companies to shore up the country’s earnings from the...
BoG To Auction of $1.8bn Cocoa Loan To Help Stabilize Cedi
The Bank of Ghana (BoG) will from this Wednesday, November 30 start selling part of the $1.8 billion dollar cocoa loan to commercial banks. The Central Bank to this end has released regulations for...
Baker Hughes, Fidelity Bank, GTP To Lay Off 460 Workers
Despite the alarming unemployment rate in the country, companies continue to lay-off workers in large numbers, a reflection of how businesses are struggling to survive in a challenging economic...
Baker Hughes, Fidelity, GTP To Lay Off 460 Workers
Despite the alarming unemployment rate in the country, companies continue to lay-off workers in large numbers, a reflection of how businesses are struggling to survive in a challenging economic...
Gov’t Not Investing A Dime In $35m Deal
Anator Holdings Company Limited has denied claims by pressure group OccupyGhana that the Government of Ghana intends investing pension funds of taxpayers to fund a deal signed between the state and...
Stay Away From Woyome’s New Deal – OccupyGhana Warns SSNIT
Pressure group, OccupyGhana, has alleged that government has ordered the Social Security and National Insurance Trust (SSNIT), to acquire a 24% stake in a contract awarded to one of the companies...