Missing From Trump’s Grand Navy Plan
U. S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy. But interviews with ship-builders, unions and a review of...
Tag: economy
Allocate 10 Per Cent of Pension Funds To Private Sector –Tony Elumelu
African governments should allocate 10 percent of Pension Funds to support the private sector especially entrepreneurs, Tony O. Elumelu, Chairman of the United Bank for Africa (UBA) Plc has...
Importers To Save Hundreds of Dollars From Import Levy Cuts
Importers and freight forwarders are anticipating at least 200 dollars cut in cost of clearing goods following the scrapping of the one percent special import levy. They say though the figure is...
Cedi Gains On Forex Inflows
The gains the Cedi made this week is expected to continue next week as forex inflows improve amid lower import demands on the currency. After touching record lows of GHc4.7 to the dollar early this...
Exporters To Enjoy Free Trading In Africa By End of 2017
The Minister for Trade and Industry Alan Kyerematen has disclosed that exporters in Ghana would by the end of this year be able to export their goods freely across Africa following the completion of...
Crystal Capital CEO Advocates Tough Measures
Martin Ofori, Chief Executive Officer (CEO) of Crystal Capital & Investments Limited, an emerging markets investment management and financial advisory firm in Ghana, has called for tough...
Reduce Fuel Prices Today – NPA Tells Oil Companies
It also abolished the excise duty in the customs and excise Act The National Petroleum Authority (NPA) has directed Oil Marketing Companies (OMCs) to review fuel prices downwards to reflect the...
Intel Deal May Fuel Israel’s Rise As Builder of Car Brains
Intel's $15-billion purchase of Israeli firm Mobileye could help fuel the country's rise in the driverless car industry -- not as a builder of vehicles, but as the brains behind them. Monday's deal,...
Bawumia Pays Surprise Visit To Procurement Authority
The Vice President, Alhaji Dr Mahamadu Bawumia paid a surprise visit to the Public Procurement Authority on Thursday to familiarise himself with the Authority’s operations. Dr. Bawumia explained...
S&P Cuts Troubled Toshiba’s Credit Rating
Standard & Poor's cut its credit rating on Toshiba again Friday, warning that the troubled company's finances were quickly deteriorating owing to huge losses at its US nuclear unit. The ratings...
No Ministry Has Asset Register — Senior Minister
Senior Minister, Yaw Osarfo-Maafo has expressed worry over the fact that none of the ministries has an asset register which is an inventory of all its properties. “We have a major weakness when...
Ofori-Atta Confident of Achieving Budget Targets
Finance Minister, Ken Ofori-Atta, says he is optimistic about achieving the macro-economic targets contained in this year’s budget statement. In the 2017 budget statement, which was approved by...
Standard Chartered Unveils Mobile App
Standard Chartered Bank has introduced a new way of easy banking for its loyal customers with a mobile app dubbed, “SCMobile”. Speaking at a press briefing in Accra, Retail Banking Officer at...
GIA Holds 4th Life Insurance Confab
GHANA Insurers Association (GIA) will hold its 4th National Life Insurance Conference on April 11 2017, at the grand Movenpick Ambassador Hotel in Accra. It will be under the theme: “Extending...
Zoomlion To Rid Zongos of Filth By Partnering Inner-City & Zongo Dev’t Ministry
Integrated waste management solution champions, Zoomlion Ghana Limited, has announced plans to partner newly created ministry—Inner-City and Zongo Development. The move, according to the waste...
Ministry of Business Development Best For Local Business – Kafui Amegah
The Chief Executive Officer of Eclipse Microfinance, Mr Kafui Amegah, has applauded government for setting up the Ministry of Business Development saying it is one of the best ways to sustain...
World Bank Indirectly Backs Harmful SE Asian Projects
World Bank investments in commercial financial institutions are indirectly allowing land-grabs, evictions and pollution in Southeast Asia, a watchdog group charged in a report Friday. By investing in...
Halfway Into 2017’s Oil Supply Cut, Asia Remains Awash With Fuel
Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to rein in a global glut have so far had little effect. The Organization of the Petroleum...
Snap Shares Drop 4 Percent, Fall Below $20 For the First Time
New York Stock Exchange (NYSE) with a Snap Inc. logo hunging on the front Snap Inc shares tumbled below $20 on Thursday for the first time since the company's $3.4 billion public listing after the...
Sierra Leone Pastor Finds Huge 706-Carat Diamond
A pastor in Sierra Leone has unearthed a 706-carat diamond, according to the government, in one of the largest precious stone finds ever made worldwide. The discovery was made by Pastor Emmanuel...