Home Business

Business

Banking, Finance and Investment

The one district, one factory industrialisation programme introduced by the New Patriotic Party (NPP) government received a boost on Saturday, January 13, 2018, with the commissioning of Twyford Ceramics factory by President Nana Akufo-Addo at Shama District in the Western region. The ceramics factory which is into the production and...
President Nana Addo Dankwa Akufo-Addo has revealed his government has saved Gh¢800 million from restricted tenders. Delivering the 2018 State of the Nation Address in Parliament on Thursday, February 08, 2018, he revealed that in 2017 there were 346 Requests for Restricted Tenders, and 167 (48%) were approved, and 179...
Amansie West Rural Bank Limited, has donated items valued at GH¢ GH 11, 00.00 to three District Assemblies, as part of their social responsibility towards this year’s National Farmers Day Celebration. The items included one Motor Tricycle (Aboboyaa), 60 knapsack Sprayer Machines, one Table Top Fridge and one Double Decker...
The company's vehicles and machinery were seized and detained for weeks An Accra High court has quashed a decision by the Lands and Natural Resources Minister John Peter Amewu to revoke mining licenses of Exton Cubic to prospect for bauxite in the Ashanti region describing the decision to revoke the lease...
Some National Service Personnel today , besieged the Head Office of the Scheme demanding their unpaid allowances. According to some of them, they had not received their allowances over the past four months, leaving them in serious debt. One of the personnel who spoke to Citi News’Caleb Kudah said, “I’m coming from...
Black Stars Captain, Asamoah Gyan has been given a license to operate an airline company. The company, OTEC News understands will be named Baby Jet Airlines. It is unclear whether the airline will be operating as a domestic airline; within only Ghana or it will be operating as a regional or...
The Secretariat of One-District-One-Factory (1D1F) has revealed that the Ghana Export and Import (EXIM) Bank has approved GH₵7.7million to finance the entire Ekumfi Fruits & Juices Company Limited located in Ekumfi Abor in the Central Region. The first tranche has already been released and spent on the acquisition of implements...
First Lady Mrs. Rebecca Akufo-Addo has commended China National Building Materials Equipment Imports and Exports Company Limited (CBMIE) for their commitment to inject USD 2 billion supplier’s credit into the One District One Factory initiative (1D1F). The First Lady noted that Ghana currently needed crucial investors like CBMIE because that’s...
The Minority in Parliament has asked Finance Minister, Ken Ofori-Atta, to resign following the release of what it said are “damning” revelations on the $2.25billion bond. The opposition lawmakers say the 141-page report by the Commission on Human Rights and Administrative Justice (CHRAJ) established that some “criminality and irregularities” were...
Commercial drivers and members of the Industrial and Commercial Workers Union (ICU) are expected to hit the streets Wednesday, to demonstrate against the rising fuel prices in the country. According to the chamber, there has been persistent increases in the price of petroleum products for the past five months which...
Ghmain