Business

Bus terminals are normally characterized by holidaymakers, trying to beat the last minute deadline for the start of the yuletide. The VIP bus station is one such popular bus terminals located at Circle,...

There has been massive development and advancement in the Narcotics Control Board (NACOB) over the past twenty-two months under the leadership of Francis Kofi Torkornoo, the current Acting Executive Secretary (AES).The changes have...

The Ghana Revenue Authority (GRA) on December 27 and 28 hold a public auction exercise where a number of overstayed vehicles and goods will be sold to the general public at Tema. In...

The Ministry of Energy has opened applications for prequalification from interested companies for the oil blocks the government has put up for competitive bidding.The application is opened to who submitted Expression of Interest...

The Energy Ministry has announced that 58 companies have so far qualified for the next stage of the bidding process for the three oil blocks in the Western basin.In a statement, the ministry...

December in the Ghanaian capital, Accra, is devoted to merriment. Holidays and parties afford locals an opportunity to raise their glasses of kokroko, pito, or hibiscus beer, all locally produced drinks which they...

Minister for Works and Housing Samuel Atta-Akyea has bemoaned the dumping of inferior cement unto the local markets which he says possess serious hazard to the housing industry. The minister believes...

The drop represents a 0.7 percentage point decrease relative to the 7.2 percent recorded in October. The Producer Price Inflation measures the average change over time in prices for the production...

As part of efforts to ensure that there is efficiency and quality delivery of service to customers by staff of the Electricity Company of Ghana (ECG), Deputy Managing Director in-charge of Customer Service, Mr...

The Member of Parliament (MP) for Bolga Central, Mr Isaac Adongo, has accused the Ministry of Finance (MoF) of flouting the Public Financial Management Act (PFMA) 2016 (ACT 921) by failing to submit to...

The managers of the Ghana Stock Exchange are to remove Pioneer Kitchenware from the database of listed companies on the stock market by the end of 2018. This is because the...

Vodafone Ghana has extended its commitment to SMEs by instituting a programme to provide investment opportunities and advice for these businesses in Ghana. In a partnership struck between the telecom...

Thirty-two Oil and Gas companies in the country were last Saturday, honoured at the 2018 Oil and Gas Awards for their outstanding performances and contribution to the growth of the industry in 2018. ...

The abandoned and deteriorated Head Office of the Association of Lotto Marketing Companies has been renovated and fully furnished by Kofi Osei-Ameyaw, Director-General of the National Lottery Authority (NLA). The Association...

Prices of petroleum products are expected to decline this week following the stability of the cedi against the major international trading currencies and reduction of world prices of fuel. Mr Pius...

A total of GH¢5.737 billion were borrowed by government in October and November 2018 through bonds and notes. Out of this, GH¢4.518 billion were mainly 2-year notes whilst GH¢988,694,871 were 3-year...

The high interest rate on credit in the country is a major hindrance to private sector investment in agriculture, the Chief Executive Officer (CEO) of the Ghana Chamber of Agribusiness, Mr Anthony Morrison, has...

The Chairman of the Inter-Ministerial Committee on Illegal Mining (IMCIM), Professor Kwabena Frimpong-Boateng, has revealed that the names of all small-scale miners who have been licensed and permitted to engage in mining activities will...

The Chief Executive Officer of XO-DUS Communications, Richard Abbey, organisers of the 2018 Ghana Oil and Gas Awards has said, the periodic organization of the awards has helped improve adherence to safety in the...

The Director of Port at the Ghana Ports and Harbour Authority (GPHA), in Takoradi, Captain Ebenezer Kojo Afadzi has given a strong indication of management's preparedness to transform operations to make the Takoradi Port...

Mr Archie Hesse, Chief Executive of Ghana Interbank Payment and Settlement Systems (GhIPSS), has encouraged the public to heavily turn to electronic payment channels and avoid commuting through heavy traffic during the yuletide. ...

The proposed merger of First Atlantic Bank and Energy Commercial Bank is receiving the attention of the Bank of Ghana as the industry regulator and its “No Objection” approval is expected shortly. ...

Mr Alan Kyeremanten, the Trade and Industry Minister, has joined his African counterparts to participate in the 7th African Union Meeting of Ministers of Trade in Egypt to discuss the progress made in the...

Deputy Minister of Energy in charge of Power, William Owuraku Aidoo has paid a working visit to the Ghana Atomic Energy Commission (GAEC) to familiarize himself with the progress of work...

Government has signed various aviation-related deals with Canada, Seychelles, Jamaica, Namibia and Guyana as it seeks to open more air routes and create opportunities for investment, trade, and tourism. This is...

Final year students of the Kwame Nkrumah University of Science and Technology (KNUST) over the week paid a familiarization tour of the ultra-modern Rigworld Training Centre (RTC) located at Kejebil in the Ahanta West...

The inflation rate for November 2018 has dropped to 9.3% percent, down by 0.2% percent from the 9.5% percent recorded in October 2018. According to the Ghana Statistical Service (GSS), the...

Local pharmaceutical companies have made fresh appeals for the government to enforce the policy on restricted imports of some medicines which are produced locally. They complain that some people are sidestepping...

Chief Finance Officer for National Petroleum Corporation (GNPC), Mrs Comfort Aniagyei has disclosed that the company would relocate its Operational Head Office to Takoradi, Western region. She stated during a Breaking...

Parliament has approved GH?500m as the 2019 annual budget estimates of the Ministry of Energy. According to the report of select committee on Mines and Energy,the Ministry has been allocated GH?500m...

The Ghana Infrastructure Investment Fund (GIIF) says it has not entered into any agreement with any of the companies under the JOSPONG Group of Companies for the construction of Compost Plants in some regions...

The Managing Director of the Agricultural Development Bank (ADB) has indicated that the bank is working to recapitalize before the December 31, deadline. According to Dr John Kofi Mensah, an announcement...

The National Coordinator of the One district One factory (IDIF) Secretariat, Mrs Gifty Ohene Konadu, has indicated that more factories will be established across the country under the initiative in 2019. ...

President Nana Addo Dankwa Akufo-Addo on Wednesday cut the sod for the construction of the James Town Fishing Harbour Complex to enhance fishing activities, create more jobs and boost the fishing industry in the...

The Member of Parliament for Ningo-Prampram, of the opposition NDC, Hon. Sam George, has issued a stern warning to the Ghana Revenue Authority (GRA). The MP is asking the GRA to...

Government has secured $4.5 million from Aker Energy to train some 200 Ghanaians in the Accelerated Oil and Gas Capacity (AOGC) Program. The programme which was launched in November 2017 by...

The Accelerated Oil and Gas Capacity (AOGC) program has secured a $4.5m program to push 200 Ghanaians into skilled upstream oil and Gas jobs. According to the Information Minister, Kojo Oppong...

In preparation towards the lifting of the ban on artisanal and small-scale mining operations, the Lands Ministry is planning to roll-out the Multi-Sectoral Mining Integrated Project (MMIP). Land Minister, Kwaku Asomah-Cheremeh,...

The Minister of Agric, Dr. Owusu Afriyie Akoto has stated that his outfit is working to reduce drastically, if not stop the import of rice within the next four to five years. ...

The prices of fuel have generally decreased among the OMCs in the first pricing window in December 2018. The reduction general reduction is in line with the drop in international Petroleum...

To tackle the low levels of crop yields for smallholder farmers, a six-year US$ 60 million funding window opportunity has opened for Ghanaian private sector seed companies. The fund, which was...

Fidelity Bank has met the new minimum capital requirement of GHC400 million after shareholders of the bank passed a special resolution. The resolution was passed to move GHC50 million from...

Vice-President Dr Mahamudu Bawumia has said the government will protect all deposits in licensed financial institutions as the process of sanitizing the financial system goes on. Dr Bawumia said this in his keynote address...

Vice-President Dr Mahamudu Bawumia has said the government will protect all deposits in licensed financial institutions as the process of sanitizing the financial system goes on. Dr Bawumia said this in his keynote address...

The government has said it will support Zongo women who are into 'waakye' and 'sobolo' making, as part of moves to empower them to be economically productive. According to the Minister of Inner-city and...

The government has said it will support Zongo women who are into 'waakye' and 'sobolo' making, as part of moves to empower them to be economically productive. According to the Minister of Inner-city and...

The 2nd edition of the Ghana Small and Medium-sized Enterprises and Young CEOs summit has been held under the theme “Corporate Leadership Governance and Technology: Strong Pillars for Business Economic Growth.” The purpose of...

The 2nd edition of the Ghana Small and Medium-sized Enterprises and Young CEOs summit has been held under the theme “Corporate Leadership Governance and Technology: Strong Pillars for Business Economic Growth.” The purpose of...

The Minority in Parliament has accused the government of diverting the first tranche of the US$1.3 billion cocoa syndicated loan for the 2018/19 crop year. They claim the loan has been diverted into areas...

The Minority in Parliament has accused the government of diverting the first tranche of the US$1.3 billion cocoa syndicated loan for the 2018/19 crop year. They claim the loan has been diverted into areas...