GIPC On $5bn FDI Target
The Ghana Investment Promotion Centre (GIPC) has set an ambitious $5 billion target in Foreign Direct Investments (FDIs) to Ghana for this year. The target is more than double the total FDIs recorded...
Tag: economy
ICU Demands Full Disclosure
The Industrial and Commercial Workers Union (ICU) has asked government to provide details of its announced extension of the country’s programme with the International Monetary Fund (IMF). According...
Demand For Mortgages To Go Up
The demand for mortgages is likely to soar following the announcement of the removal of the 5 percent Value Added Tax (VAT) on real estate sales, industry players have projected. According to the...
BoG Calls For Reforms In Currency Management
Governor of the Bank of Ghana (BoG), Dr. Abdul Nashiru Issahaku, has called on central banks in the West African sub-region to strengthen the security features of their currencies in line with...
Property Addressing System To Be Completed This Year- Bawuima
The Vice President, Dr. Mahamudu Bawumia has disclosed that government will address three main policy pillars which are financial inclusion, the national identification project as well as property...
Widening Tax Net Riskier- Rashid Pelpuo
Former Minister of State in charge of Public-Private-Partnerships Dr. Rashid Pelpuo has advised government to be cautious in widening the tax net since not all businesses will be in position to...
160 Million Cedis To Be Paid End of March
About 160 million cedis is expected to hit the accounts of banks that are owed the energy sector debts, by the end of March 2017. This is according to the President of the Ghana Association of...
GhIPSS To Work With Stakeholders To Ensure Telcos Interoperability
The Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS), Archie Hesse, says he will work with stakeholders to enable telcos to become interoperable by the end of the...
Airtel Ghana Wins Silver In Best Social and Community Initiative
Airtel Ghana has been named ChangeMaker Company of the Year (Silver Honors) for Corporate Social Responsibility under the International category for Best Social impact and community initiative. This...
S.Korea Throws Shipbuilder Daewoo New $6 Bn Lifeline
South Korea offered troubled Daewoo Shipbuilding & Marine Co. a new $6 billion bailout on Thursday, as the giant firm's financial crisis worsens. Daewoo is the world's largest shipyard in terms of...
General Electric Opens Oil & Gas Training Facility In Ghana
GE Oil & Gas opened a new facility in Takoradi Port, Ghana on Wednesday, expanding its global footprint and supporting local investment. The company committed to deliver more than 45,000 training...
Mobile Money Interoperability Can’t Be Forced On Telcos – Bawumia
Government may not be in favour of the current moves underway to enhance interoperability in mobile money transactions across telecommunications networks, according to indications from the Vice...
UPSA Fans Entrepreneurial Spirit In Students
The Faculty of Accounting and Finance (FAF) of the University of Professional Studies, Accra (UPSA), has launched its Professional Week celebrations with a charge to students to build their...
Bawumia Speaks At 5th Economic Outlook and Business Strategy Conference
Mr. Chairman, Our Deputy Governor from the Bank of Ghana, Dr Johnson Asiamah, Deputy Minister-designate George Andah, My good friend Kojo Asomani of ABN, Nana Osei Bonsu of PEF Members of the...
Luxembourg Court Denies Iran Demand To Unblock Assets
A Luxembourg court on Wednesday denied a demand by Tehran to repatriate $1.6 billion of Iranian assets claimed by the US as compensation for the victims of the September 11, 2001 attacks. The judge...
Stanbic Bank Creates More Value For Clients With Renewed Executive Banking Offers
Stanbic Bank Ghana has relaunched its executive banking package, Stanbic Executive Banking, for its customers in a bid to address their concerns and make the package more beneficial to the clients....
Mobile Money Interoperability Can’t Be Forced On Telcos
Government may not be in favour of the current moves underway to enhance interoperability in mobile money transactions across telecommuncations networks, according to indications from the Vice...
Saudi Arabia Loses Fitch Rating Over Budget Concerns
Saudi Arabia on Wednesday lost its high-quality credit rating from the Fitch agency, which lowered the kingdom a notch because of worsening public finances as the oil price wobbles. Dropping its...
Ghana To Have Digital Addressing System By End of Year
Ghana will from next year have a functional digital addressing system to unlock the country's e-commerce potential and also boost major economic changes in the country, Vice President Dr. Mahamudu...
Economists Divided Over Possible Outcome of Policy Rate Meeting
The Monetary Policy Committee (MPC) of the bank of Ghana is expected o announce a new policy rate on Friday, and already, there is high expectation. The meeting which will be the 75th is expected to...