FDI Dips By 66% In 5years
Foreign Direct Investment (FDI) has seen a consistent drop in five years, by 65.85percent, since peaking at US$6.3billion in 2011, while the value of registered local businesses has, encouragingly,...
Tag: manufacturing
Toshiba Shares Crash As Nuclear Writedown Crisis Deepens
Shares in Toshiba have dived 16% on reports that the embattled Japanese conglomerate faces bigger losses at its US nuclear power business. It is feared Toshiba may have to write down the value of the...
Court Denies Arrest Warrant For Samsung Chief
A court in South Korea has refused a request by prosecutors to issue an arrest warrant for Samsung chief Lee Jae-yong. The judge ruled early on Thursday that there was insufficient reason to arrest...
Siemens Ghana Launches Oil and Gas Training
Siemens Ghana, a subsidiary of Siemens, the global energy experts, has launched an Oil and Gas sector training programme in Accra aimed at building the capacity of Ghanaians to enhance the...
Amissah-Arthur For President Posters Out
Posters of ex-Vice President Paa Kwesi Amissah-Arthur as a presidential aspirant for election 2020 on the ticket of the opposition National Democratic Congress (NDC) have emerged, sparking brouhaha...
South Korean Prosecutors Seek To Arrest Samsung Heir
Prosecutors are seeking an arrest warrant for Samsung's heir apparent over allegations of bribery, perjury and embezzlement. The move against Samsung Electronics Vice Chairman Lee Jae-yong on Monday...
Global Growth Edges Up To 2.7 % Despite Weak Investment
Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year as obstacles to activity recede among emerging market and developing economy...
Lay Foundation For Change Agenda In 100 Days
A section of Ghanaians, notably institutions and think tanks, is expecting the government to show clear signs within its first 100 days in office that it is committed to implementing its campaign...
US Jets Launch Swarm of Mini-Drones
The US military has launched 103 miniature swarming drones from a fighter jet during a test in California. Three F/A-18 Super Hornets were used to release the Perdix drones last October. The drones,...
Toshiba Asks Creditors Not To Call In Loans
Toshiba Corp (6502. T) met creditors on Tuesday and asked them not to use provisions in debt agreements to call in their loans early, giving the troubled company time to work out a turnaround plan,...
Ryan Meets With Trump Team On U.S. House Tax Reform Plan
U. S. House of Representatives Speaker Paul Ryan met late on Monday with top members of President-elect Donald Trump's transition team to discuss their 2017 tax reform agenda. The high-level meeting,...
Rlg Secures Contract To Produce Digibox; Over 5,000 Jobs To Be Created
Ghanaian-owned technology company, Rlg Limited has been awarded the contract to manufacture Set Top Boxes (STBs) for the country as the country inches closer to the final phase of its Digital...
OPEN LETTER To Akufo-Addo On Need To Develop Herbal Medicine Industry To Curb Unemployment
I write to inform you on the need to focus on the herbal medicine industry in your quest to tackle unemployment especially among graduates in Ghana. Let me first of all congratulate you on your...
Thyssenkrupp Labor Chief Demands Better Deal Than Port Talbot
Workers at German steelmaker Thyssenkrupp will refuse to pick up the tab for concessions being offered to British unions by Tata Steel to further a merger, Thyssenkrupp's labor chief told Reuters on...
Jaguar Land Rover Sells Record 583,313 Cars In 2016
Britain's biggest carmaker Jaguar Land Rover (JLR) (TAMO. NS) sold a record 583,312 cars last year as the Indian-owned firm continues its rapid expansion with the aim of building 1 million vehicles a...
Akrobeto Launches Fresh Car In 2017
“New year, new properties”, that is the motto for most Ghanaians including many celebrities. One of the many entertainers who believe in this axiom is . The actor has started the year on a good...
Incoming Govt Must Invest In Agric, Manufacturing- Economist
Economist, Dr. Adu Sarkodie has appealed to the incoming government to focus on agriculture and manufacturing to strengthen the economy. His opinion comes as one of the numerous calls made by some...
Rlg Secures Contract To Produce Digibox, Over 5,000 Jobs To Be Created
Ghanaian-owned technology company, Rlg Limited has been awarded the contract to manufacture Set Top Boxes (STBs) for the country as the country inches closer to the final phase of its Digital...
Customs Exceeds 2016 Target By Over GHC329m In Ashanti
The Ashanti Regional sector of the Customs Division of the Ghana Revenue Authority has made significant gains, recording excess revenue of GHC329.032 million in 2016. The sector was given an initial...
Customs Exceeds 2016 Target By Over GHC329 Million In Ashanti
The Ashanti Regional sector of the Customs Division of the Ghana Revenue Authority has made significant gains, recording excess revenue of GHC329.032 million in 2016. The sector was given an initial...