BUSINESS

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GIPC urges local companies to maintain international standards

  The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC) Yofi Grant has called on Ghanaian companies to enhance the standard of their products to attract and keep global business partners. The GIPC CEO maintained that it is important for Ghanaian companies to uphold quality standards especially in…

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Banks will be stronger with new capital requirement – Arnold Ekpe

  Former CEO of Ecobank Group, Arnold Ekpe has said that the move by the Central Bank to increase the minimum capital requirement will enable banks to finance big-ticket transactions of the government. The Bank of Ghana (BoG) in September this year revised upwards the minimum capital requirement for banks…


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TUC commends government’s NBC initiative for jobless graduates

The Trades Union Congress (TUC), has commended government’s special initiative targeted at jobless tertiary graduates in the country. The Finance Minister, Ken Ofori Atta, while presenting the 2018 Budget and Policy statement on Wednesday, indicated that about 100,000 tertiary graduates will be employed under the initiative called the Nation Builders…


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4 Containers impounded at Tema Port for evading tax

  Officials of the Customs Division of the Ghana Revenue Authority (GRA) at the Tema Port have impounded four 40-footer containers loaded with assorted items on which the owners attempted to evade import duties of about GH¢3 million.   The containers, numbered BMOU5029101, CBHU7079230, FSCU8892664 and UETU5178912, held 44 items,…


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Akufo-Addo discusses energy, trade, infrastructure with Qatar’s Emir

  President Akufo-Addo on Thursday, November 16, 2017, as part of his 3-day official visit to Qatar, paid a courtesy call on the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani.   The discussions between the two leaders centered on energy, infrastructural development, railways and roads, and also on…


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AFG and Castlepines Corporation to co-invest in African projects

  African Financial Group (AFG) and International Equity Fund Castlepines Corporation have announced a partnership that will result in the two companies investing in large-scale infrastructure and mining projects in sub-Saharan Africa. The Johannesburg-headquartered AFG is a diversified Pan-African investment company with interests in a wide range of sectors including…


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2018 budget: Brace yourself for worst times – Ricketts-Hagan tells Ghanaians

Former Deputy Finance Minister, Kwaku Ricketts-Hagan has admonished Ghanaians to brace themselves for the worst economic and living conditions ever experienced in the history of Ghana with the 2018 budget statement presented by Finance Minister Ken Ofori-Atta on November 15.   According to him, the Akufo-Addo-led government has very little…


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Ghana loses 318,514 tons of maize to post-harvest losses – Study

  Ghana loses about 318,514 tonnes of maize annually to post-harvest losses according to a 2016 study by Dr Bruno Tran, an expert in post-harvest losses management with the Africa Post-Harvest Losses Information System (APHLIS).   This figure represents 18 percent of the country’s annual maize production and Northern Region…


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Energy experts must stop parroting and read – Energy Minister fires

  Minister for Energy, Boakye Agyarko is amazed by the position of some supposed energy experts following government’s announcement of tariff reduction. According to him, the claims that government is trying to usurp the mandate of the Public Utilities Regulatory Commission (PURC) only exposes their ignorant.   Mr. Agyarko’s comment…


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