Home Business

Business

Banking, Finance and Investment

In order to ensure equity and transparency in the distribution of government's 50% subsidized fertilizer as part of the planting for food and jobs programme, the government has set up a committee called District Centre for Agricultural Commence and Technology to curb fertilizer smuggling. Deputy Local and Rural Development Minister,...
Mr. Isaac Crentsil has been appointed as the new Commissioner for the Customs Division of the Ghana Revenue Authority (GRA). He takes over from Mr. Kuudamnuru John Vianney whose tenure ended this year. Until his appointment, Mr. Isaac Crentsil was the Deputy Commissioner in charge of Post Clearance Audit Department. The pullout...
Some spare parts dealers at Abossey Okai in Accra, have denied reports that their decision to reduce prices of their products ahead of the Christmas season, was done in solidarity with the newly elected President, Nana Akufo-Addo. The leadership of the spare part dealers say the recent decrease in prices...
Ghana’s Vice President. Dr. Mahamudu Bawumia, has assured the investor community of excellent opportunities in the health care sector of Ghana.Ghana, Dr. Bawumia maintains, is open for business, and this is reflected in the various reforms being undertaken by the Nana Akufo-Addo government including the abolition of 15 ‘nuisance...
The Agricultural Development Bank (ADB) Limited has pledged GHȻ200 million to support the One-District-One-Factory (1D1F) initiative by the government, which seeks to industrialise the Ghanaian economy. “The 1D-1F is a very good initiative by the government to transform our economy from a service based to a more industrial focused economy...
Vice president Dr. Mahamudu Bawumia has announced Ghana is going 100 per cent paperless at the ports from September 1, 2017. “From September 1, however we do it, because the technology is available, Ghana is going 100 per cent paperless at the ports to bring about efficiency, Customs, GRA, GPHA...
The National Investment Bank (NIB) would be redirected to its original mandate of stimulating industrial development for faster national economic growth in accordance with government’s ambitious industrialisation agenda, says Trade and Industry Minister Alan Kyeremanten. The NIB was established primarily to promote and strengthen rapid industrialisation in all sectors of...
Government will initiate the process towards the establishment of a Fiscal Council that will adopt and implement rules to anchor fiscal policy implementation, Finance Minister Ken Ofori Attah has said. He revealed this on Thursday when presenting the 2017 and maiden budget of the Akufo-addo government on the floor of...
The Mines and Energy Committee of Parliament will Thursday continue a review of the documents detailed by Member of Parliament for Adansi Asokwa, K.T Hammond, calling for Parliament’s withdrawal of the AMERI power deal. The Committee is expected to submit a report to the entire House for debate on Friday,...
The Danquah Institute has commended the Bank of Ghana for the intervention that allowed GCB to takeover distressed UT and Capital Bank. A statement signed by the executive director of the institute, Dr. Kingsley Nyarko noted that the timeous rescue of the banks define the competence of those at the...