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NPP Conference: Traders in Koforidua make good sales

Traders in Koforidua have taken advantage of the national delegates’ congress of the ruling New Patriotic Party (NPP) to do brisk business.More than 6,000...

Ghana’s cocoa sector to receive a $100m boost

Ghana's Cocoa sector is to receive a $100m investment from the World Cocoa Foundation to help grow the sector, President of the Foundation has...

Promoting trade between Ghana and Burkina Faso, SIC Insurance leads the way

In order to promote the free movement of goods within the sub-region, the Economic Community of West African States (ECOWAS) adopted among other Protocols...

Drugs industry hits US$1bn in value…but 70% imported

The pharmaceuticals industry is expected to reach $1 billion in value by end of 2018, but 70 percent of pharmaceutical products used in the...

Cylinder Manufacturing Board dissolved

President Nana Akufo-Addo has directed the dissolution of the Board of Ghana Cylinder Manufacturing Company (GCMC) Limited.A letter signed by Energy Minister, Boakye Agyarko,...

Cedi will keep depreciating – Avedzi predicts

The Deputy Minority Leader, James Avedzi, has predicted a further decline in the value of the Ghana cedi, following its recent free fall against...

Gov’t borrows $1.25bn for new spending

Government is engaging in $1.25 billion in foreign borrowing from commercial lenders this year to finance its projects and programmes.This is adding to the...

‘Aayalolo’ drivers on strike over 5 months’ unpaid salaries

Drivers of the Quality Bus System (QBS), popularly known as Aayalolo, have embarked on a sit-down strike over unpaid salary arrears.The aggrieved drivers have...

Don’t exit IMF completely – Seth Terkper

Former Finance Minister Seth Terkper has made a strong case for government not to completely exit the International Monetary Fund (IMF) programme, as it...

Cocoa light crop season opened, price unchanged

Ghana’s Cocobod regulator opened its cocoa light crop purchases on Friday and will keep the price it pays farmers unchanged at 7,600 cedis ($1,586)...

BoG saddened by the death of Amissah-Arthur – Dr Addison

Governor of the Bank of Ghana, says the staff of the central bank is saddened by the passing of the former vice president of...

Multi-TV Habitat Fair 2018 Launched

Real Estate developers have been challenged to be innovative and use local materials to drive down the cost of houses.This according to the Deputy...

SMT Ghana introduces Dongfeng Trucks

SMT Ghana, the official Distributor of Volvo Construction Equipment, Volvo Trucks and Volvo Penta in Ghana, has boosted Ghana’s haulage and logistics industries with...

Glo lines up stars for Mega Music, Lafftafest shows

Telecommunications operator, Glo Mobile, is set to flag a major entertainment marathon project, Glo Mega Music and Lafftafest shows, which will have some of Africa’s best music and...

Ghana bans tilapia imports

Ghana has announced a ban on the importation of Tilapia into the country following the emergence of a new virus, Tilapia Lake Virus (TilV),...

Gov’t bans tilapia, ornamental fish import over virus scare

Government has banned the importation of all ornamental fishes and tilapia species in a bid to check a possible spread of Tilapia Lake Virus in Ghana.According...

Improving financial inclusion: Finance Ministry to digitize informal sector

The Ministry of Finance has announced that plans are underway to enroll workers in the informal sector on to a digital platform to improve...

Pineapple’s 10% market share drops to 3%

The country’s share of the International Pineapple Export Market has declined sharply from 10 percent in 2004 to 3 percent in 2014, the Ghana...

Fishermen divided over August fish ban

Fishermen are divided over a pending fishing ban in August by the Fisheries Commission to allow regeneration of the dwindling fishing stock in Ghanaian...

Tax holidays entice, expand companies – Dangote

Business mogul and Chairman of Dangote Group of Companies Worldwide, Aliko Dangote, says tax holidays are great sources of revenue that entice companies to...

Govt to give incentives to reduce housing deficit

The Deputy Minister for Works and Housing, Freda Prempeh has said government is ready to give incentives to the private sector to address the...

Ghana Water increases revenue from ¢55m to ¢63m within 3 months

The Ghana Water Company Limited (GWCL) says it has increased revenue collection from ¢55 million to ¢63 million from February to May this year,...

Mobile money outstrips cheques in non-cash retail payments

The Head of Payment Systems at the BoG, Dr Setor Amediku, said the strong appetite for mobile money usage was “a good development” that...

OPEC to raise oil production from July

OPEC agreed on Friday to raise oil production by around one million barrels per day from July for the group and its allies, an...

Mid-year budget review: Ofori-Atta set to review current taxes

Finance Minister Ken Ofori-Atta has given a strong indication of possibly introducing new taxes during the mid-year budget review.The Finance Ministry over the past...

Mobile money ‘interoperability’ transactions hit nearly 100, 000

Some 96, 904 cross-network mobile money transactions took place in the first month of the launch of mobile money interoperability.The transactions are valued at...

700 proposals received for 1D1F -Alan Kyerematen

Government says it is unable to tell exactly when any of its factories under the One District One Factory (1D1F) policy will be completed.Trade...

High duties killing our Business – GUTA

Dr James K. Obeng, the President of the Ghana Union of Traders Association (GUTA), said the introduction of the Common External Tariffs (CET) was...

Bawumia lauds management of currency

Vice President Dr Mahamudu Bawumia has described as second to none the performance of the Nana Addo Dankwa Akufo-Addo led government in the management...

Foodstuff prices to stay high despite drop in fuel prices – Esoko

Esoko Ghana has dispelled any possibility of a drop in food prices following the reduction in the prices of petroleum products.Prices of petroleum products...

“Roadmap on lifting small-scale mining ban out soon” – President Akufo-Addo

President Nana Akufo-Addo, has assured that, shortly, Government will put out a statement setting out a comprehensive roadmap, including the lifting of the ban...

‘Mahama lacks understanding’; Bawumia responds to cedi depreciation tweet

The Vice President, Dr Mahamudu Bawumia has hit back at former President John Mahama concerning his tweet on the cedi’s depreciation.In a lengthy Facebook...

AGI pledges support for NABCO programme

The Association of Ghana Industries (AGI) has expressed its readiness to support the government’s Nation Builders Corps (NABCO) programme to enrol the first batch...

‘Karma is a bitch’ – Ato Forson tells Bawumia as cedi depreciates

The New Patriotic Party(NPP) government has offered sympathy to businesses hurting from the cedi's depreciation but the Minority in Parliament has offered a playback...

Inflation for May inched up to 9.8%

The inflation rate for the month of May inched up to 9.8 per cent from the 9.6 per cent recorded in April 2018.The price...

Terkper urges gov’t to leverage Sinking Fund to reduce maturing debts

Former Finance Minister, Seth Terkper, has called for a continued focus on increasing the value of the Sinking Fund with a view of using...

Cedi fall due to speculation – Prof Quartey

Head of the Economics Department of University of Ghana, Prof. Peter Quartey, wants the central bank to take steps to end the speculative activities...

Photos: 10 busted over contaminated fuel

Ten persons have been busted by a joint police and military task force for deliberately dealing in contaminated fuel.The operation was supervised by the...

GSFP to source products from local factories set up under 1D1F

The Ghana School Feeding Programme (GSFP) is to source its food products from local factories, established under the government’s one district, one factory (1D1F)...

Mobile money drives growth in electronic retail payments

The value of retail payments (excluding cash) increased by 43.18 per cent to GH¢381.43 billion in 2017 from GH¢266.39 billion in 2016.This growth in...