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Taskforce to clamp down foreign retailers to be inaugurated on Friday – GUTA

A taskforce to clamp down on foreign retailers in Ghanaian markets is set to be inaugurated this Friday 11th May, 2018, an Executive Member...

Gov’t completes successful Eurobond roadshow; deal to be announced soon

The government will, in the coming days, issue Ghana’s 2018 sovereign bond after a successful deal roadshow. The exercise, which seeks to raise some $750...

Gov’t gets $400m Chinese credit to kick-start 1D1F; 22 projects earmarked

Trade Minister, Alan Kyerematen, has signed a $400 million turnkey financing facility with China National Building Materials Corporation (CNBM) for 22 enterprise projects under the...

Open Letter to BOG Boss: Don’t make Ghanaians spectators of finance industry

Hello Dr. Governor, I dare say that whereas the GHC400 million (US$88.5 million) minimum capital requirement (MCR) you have placed on banks is not a...

Bids open for Ghana-Burkina Faso rail project

The plan to connect Ghana and Burkina Faso by rail has been taken a notch higher following the opening of an international competitive tender...

Erratic power supply hampers industrialisation in rural areas

Businesses expanding or seeking to extend their operations into rural communities are skeptical of their prospects with the prevailing situation of unreliable power supply...

Residents threaten to vote out Haruna Iddrisu

Residents of Sagnarigu-Dungu in the Tamale south constituency of the Northern region are threatening to vote out their Member of Parliament, Haruna Iddrisu, for...

Kuapa Kokoo to introduce tele agric technology to boost cocoa farming

The Executive Secretary of Kuapa Kokoo, Nelson Adubofour, says they have introduced a Tele Agric Technology to help cocoa farming in the country. The move,...

Oradian’s cloud-based toolset to improve financial inclusion in Ghana

As part of its efforts to promote financial inclusion in Ghana, Oradian, a financial inclusion has commerced operations in Ghana. Microfinance institutions, Microfinance banks, savings...

Ex-workers of GPHA blame Mahama for unpaid benefits since 2002

The over 3,000 ex-workers of the Ghana Ports and Harbours Authority (GPHA) whose full benefits have remained unpaid since their retrenchment in 2002 have...

Beggars should be taxed’ – GRA official

An official of the Ghana Revenue Authority (GRA) in the Northern Region, has stated that in broadening the tax net, even beggars in the...

MASLOC Boss receives top award

The Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC) has been adjudged the Microfinance and Small Loans CEO of the year. Mr....

March PPi inches down to 3.7%

The Producer Price Inflation (PPI) for March 2018 was 3.7 percent, Mr Anthony Amuzu, Deputy Government Statistician has revealed. This rate represents a 1.8 percentage...

Ghana's debt hits distress levels – 3 years in a row

Ghana has maintained its status as a high-risk, debt-distress country after first making it onto the infamous list of countries whose debt burdens had...

AUDIO: Suggestions to revive ailing textile industry welcomed- Trade Ministry to textile workers union

The Trade Ministry has indicated its readiness to find the best and lasting solution to the challenges in the textile industry. Deputy Trade Minister, Carlos...

South African Airways seeks extra $400m bail-out from state

South African Airways (SAA) is in discussions with the Treasury on a cash injection of about R5bn, which the company needs to cover historic...

Pesewa Global to put 100,000 small businesses online

Pesewa Global Company Limited, an African markets-focused incubator has announced plans to invest GHC10 million worth of human, technological and capital resources over a...

Campaign to encourage egg consumption launched in Accra

A national campaign to help raise awareness on the health benefits of eggs, has been launched in Accra. The overall purpose of the campaign is...

Satellite TV penetration in Ghana peaks by 83% – SES

Satellite television has grown rapidly and has become the leading delivery mode in Ghana, a Satellite Monitor study report commissioned by SES has revealed. SES,...

Poultry farmers still ‘frustrated’ despite reduction in imported chicken

Despite the Ministry of Food and Agriculture’s policy to reduce the importation of chicken to save the struggling local poultry industry, farmers say challenges...

IMF to release $236m to Ghana in May

The IMF should be releasing about two hundred and thirty-six million dollars ($236,000,000) to Ghana under the agreement with the Fund, by the first...

GPS Co-operative credit union holds 6th AGM

The Ghana Prisons Chapter of the Co-operative Credit Union Association has held its 6th annual general meeting to review the past performance of the...

Pork business picks up in Kumasi

For many years Dakwodwom, a suburb of Kumasi, used to be the only hub for pork-selling business in the Metropolis. Forty-year-old Maame Yaa's pork shed...

Meralco to take over ECG

The Millennium Development Authority (MiDA) has announced the selection of Meralco Consortium as the 'Preferred Bidder' to manage the Electricity Company of Ghana (ECG). “Yes,...

Ethical cocoa schemes no panacea for struggling farmers

Global chocolate makers are buying more cocoa sourced through schemes aimed at stamping out poverty as they rush to make their supply chains more...

Ghana’s debt nears distress levels – World Bank

Ghana stands a high risk of returning to debt distress situation if it fails to manage its rising debt levels. That is the caution from...

Millicent Aba Tetteh, the market woman in suit

It's easy to find young, enterprising women lately. However, what is hard to find is a graduate who dabbles in a trade perceived to...

E-commerce leads the way for startup businesses in Ghana

Global technological advancement has transformed numerous economic societies. Here in Africa, the impact of technology specifically the internet on our business economy is remarkable....

Oil price hits three-year high of nearly $70 a barrel

Drivers have been warned they face misery at petrol pumps this year after the oil price rose to a three-year high of almost $70...

Liberian President Weah Orders Probe of Exxon's 2013 Oil Deal

Liberian President George Weah ordered a probe into Exxon Mobil Corp.’s 2013 deal for drilling rights off the West African nation’s coast, his office...

Jumia 2017 results highlights

Jumia, the leading online eCommerce ecosystem in Africa, grew GMV by 64,5% to 197,9 MEUR (+113% in constant currency) in the fourth quarter of...

Atwima Kwanwoma Rural Bank exceeds BoG's minimum capital requirement

The Atwima Kwanwoma Rural Bank has exceeded Bank of Ghana’s minimum capital requirement of GHS1 million by more than 200 percent. The capital of the bank...

Jumia Ghana set to launch superhero deals

All is set for Africa’s leading online retail company to launch another giant discount campaign called the #SuperHeroDeals. This comes after Jumia Mobile Week...

Galamsey ban to be lifted soon – Deputy Minister

Deputy Minister for Lands and Natural Resources, Barbara Oteng-Gyasi has assured the small scale mining sector to exercise a little patience as the process...

Former MASLOC CEO fights back; claims defamation

Lawyers for former MASLOC boss, Sedina Tamakloe Attionu has described as defamatory, the contents of an audit report citing her for fraud. Victor Kojoga Adawudu said...

Africa Media Sales Development ready to aid workers achieve their target sales efficiently

Africa Media Sales Development (AMSD)  has introduced a new series of Media Sales development programmes dubbed the ”Media Marketplace” opened for media professionals who...

Ex-MASLOC boss, others cited for fraud, 'ghost' projects

A forensic audit of the operations of MASLOC under the John Mahama administration has revealed jaw-dropping suspected fraud and financial impropriety. The report which has...

OmniBank is the official bank for 2018 pilgrimage

OmniBank has signed an agreement with the Ministry of Chieftaincy and Religious Affairs as the official Bank and partner for the Christian pilgrimage to...

Ghana’s GDP growth for 2017 hits 8.5 percent

Ghana's Gross Domestic Product (GDP) provisional growth for 2017 hits 8.5 percent, according to figures from the Ghana Statistical Services (GSS). This is a sharp...

MTN hero: Linat Osman Kundaribuo championing sex education in Wa

Linat Osman Kundaribuo is MTN Heros of Change Season VI nominee making positive changes in her home town. She is a 30-year old teacher and...