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BoG raises minimum capital to $100 million

The Bank of Ghana will formally direct banks in the country to recapitalise to GH¢400 million, equivalent to about US$100 million on Monday September...

Jato: Akpeteshie distillers want factory from Akufo-Addo

Makers of local gin akpeteshie want President Nana Addo Dankwa Akufo-Addo to extend his one-district, one-factory project to the Jato Suhum Municipality of the...

NCA gives opportunity to telcos to deploy 3G coverage to rural areas

National Communications Authority (NCA) has taken a regulatory decision to permit Mobile Network Operators (MNOs) with existing 2G Licences to deploy Universal Mobile Telecommunications...

PHOTOS + VIDEO: Veep opens first railway sleeper plant

Vice President Dr Mahamudu Bawumia yesterday opened a...

Paperless Port: More troubles for importers and agent as system frustrate users

Importers and freight forwarders is still going through frustration as the paperless system has filed to work as promised after one week.The new system...

Angry freight forwarders heckle Deputy Finance Minister

Over five hundred freight forwarders besieged the Long room of the Customs Division of the GRA, to express their displeasure when the Deputy Minister...

South African banks are reining in loans

South Africa’s four biggest banks, pummeled by political wrangling and enmeshed in the country’s economic malaise, are increasingly shying away from their main role:...

Custom officials sabotaging paperless system

Officials of the Customs Exercise and Preventive Service (CEPS) at the country’s ports have been accused of deliberately causing delays in the clearing of...

VIDEO+PHOTOS: Joyce Blessing and Adom Live Worship team storm Mallam Market

Renowned Gospel Musician, Joyce Blessing joined Adom FM's at the Mallam market in Accra to lead the traders through hours of praises and worship.The...

Affordable hotels in Ghana for the best conference experience

  Business! That seems to be the order of the day right? In case you may not have noticed, there is a general sense of...

I have a clearing contract with Cocobod and not a supply contract – McDan

The Chief Executive Officer of McDan Shipping Company, Mr Daniel McCauley has explained that he has a clearing contract with the Ghana Cocobod and...

Drivers urged to buy fuel in liters

An economist is cautioning vehicle owners to be very vigilant at fuel pumps to get value for money.Dr. Samuel Kwesi Bediako Asare revealed that,...

Cocoa roads project under scrutiny

A comprehensive value for money audit of the country's Cocoa roads Projects is underway to assess the financial obligation of the projects to government...

FRIMPS Oil launches Insurance Company

FRIMPS Oil, one of the leading Oil Marketing Companies (OMCs) in the country with over seventy service stations or outlets has successfully launched an...

57 OMCs sanctioned for cheating customers

Fifty-seven oil marketing companies (OMCs) have been sanctioned by the Ghana Standards Authority (GSA) for engaging in various infractions detrimental to the interest of...

Cedi to appreciate against dollar – Fitch

The local currency, the cedi, is expected to strengthen against the US dollar for the rest of the year as economic growth outperforms earlier...

Ghana targets 200,000 tonnes cashew exports

Ghana is targeting to export 200,000 tonnes of cashew, by 2027, Mr Eric Amoako Twum, the Deputy Chief Executive Officer of the Ghana Export...

Ghana not getting needed benefit from mining sector

The Paramount Chief, Western Nzema Traditional Area in the Western Region, Awulae Annor Adjaye III has expressed disappointment over the poor governance systems in...

Jumia Travel gets new CEO

Jumia Travel has announced the appointment of a new Chief Executive Officer, Joe Falter as it new Chief Executive Officer.Falter takes over from Paul Midy who...

Youth Employment Agency rolls out 6 new models

The Youth Employment Agency (YEA) is set to launch six new modules by close of September 2017.The modules are Youth In Security, Graduate Internship,...

COCOBOD borrowing to pay cocoa farmers -Agric Minister reveals

The Minister of Food and Agriculture, Dr Owusu Afriyie Akoto, says the financial challenges facing the Ghana Cocoa Board (COCOBOD) have worsened in recent...

IMF praises BoG over UT, Capital takeover

The International Monetary Fund (IMF) has lauded the Bank of Ghana’s (BoG) swiftness in the resolution of issues pertaining to two insolvent indigenous banks...

Ken Ofori-Atta gave ¢10m ADB loan, contract without Board approval – Minority

The Minority in Parliament has accused Finance Minister, Ken Ofori Atta of breaching the procurement Act when he awarded a GHȻ10m COCOBOD contract to...

NHIS risks imminent collapse from under-funding

According to a recent report, the National Health Insurance Scheme (NHIS), which has received worldwide acclamation, is gradually losing financial stamina for survival.The Scheme...

Banks ready for new capitalisation

The President of the Ghana Association of Bankers, Alhassan Andani, has ruled out the possibility of acquisition, mergers or a takeover within the banking...

Akufo-Addo optimistic about solving unemployment challenges

President Nana Akufo-Addo has expressed optimism of his government’s ability to create employment for the teeming unemployed youth which is the greatest challenge confronting...

Lands Minister revokes Exton Cubic’s Mining contract

In a new twist to a never ending drama on bauxite exploration in Ghana, the Lands and Natural Resources Minister, John Peter Amewu has...

Airtel Business adjudged best provider of enterprise solutions

Airtel Business, a sub brand of Airtel Ghana and the industry leader in innovative end-to-end enterprise solutions for businesses was adjudged the Telecom Business...

Mcdan Shipping Company wins Airfreight Corporate Gala

Mcdan Shipping Company has won the maiden edition of the Airfreight Corporate Gala that came off on Friday, the 1st of September,2017 at the...

Paperless system in our own interest – Carlos Ahenkorah to businesses

Deputy Minister for Trade and Industry, Carlos Ahenkorah as expressed shock at the stiff opposition against the introduction of the much-talked about Paperless System...

IMF bailout extension gives comfort to the market – RMB Research

South African based research firm, RMB Research, has lauded the government's decision to agree an extension of the IMF bailout programme with Ghana, noting...

AGI, government secure $2m China credit for ‘1 district, 1 factory’

Chief Executive Officer of the Association of Ghana Industries (AGI), Mr Seth Twum-Akwaboah, has said the Association would help ensure the success of the...

How Apple Plans to Change the Way You Use the Next iPhone

Apple Inc. plans to transform the way people use its next high-end iPhone by eliminating the concept of a home button and making other adjustments to a flagship device...

Explore other alternatives to control fall armyworm – Expert

Dr Victor Clottey, the Regional Coordinator of the Centre for Agriculture International (CABI), has called for a more diversified means of controlling the invasion...

SSNIT blows $150m on ‘bogus’ housing project

Even before the dust settles on the $72 million software purchase scandal at the Social Security and National Insurance Trust (SSNIT) for the Operational...

Farmers schooled on need to test soil before farming

Farmers in the Brong Ahafo Region have been urged to test the soil of their farmlands before the beginning of a new farming season,...

Accountant General suspends August salaries of 7000 workers

Controller and Accountant General’s Department has suspended salaries of seven thousand workers in the public sector. This is because their heads of department have failed...

Broadband Chamber push for stronger local content policies

A number of local broadband providers have constituted themselves into the Broadband Communications Chamber (BCC) and are advocating for stronger local content policies that...

Full text: IMF's statement on Ghana's Extended Credit Facility

The International Monetary Fund (IMF) confirmed in a statement recently the extension of Ghana’s program by one more year. Read the full statement below. Press Release...

Menzgold to shut down its Gold Vault Market

Menzgold Company Limited, an investment company has announced that it shall close its Gold Vault Market from Friday September 15 until further notice but...