Home Business

Business

Banking, Finance and Investment

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...
Former Member of Parliament for Ablekuma Central in the Greater Accra Region, Theophilous Tetteh Chaie, has called on the government to put in place adequate compensation package for farmers whose crops have been attacked by fall of army worms. Mr. Tetteh Chaie alleged the Ministry of Food and Agriculture “gave...
The Ministry of Finance has described attacks on the $2.25 billion bond issued recently as baseless. The Minority group in parliament, led by a former Deputy Finance Minister, Mr. Cassiel Ato Forson alleged that the issuance was done in secrecy, denying other investors an opportunity to participate in the bond. The...
Dr Abdul-Nashiru Issahaku, BoG Governor Opinions are divided over whether the current Bank of Ghana governor, Dr Abdul-Nashiru Issahaku, should be allowed to serve his term, following the electoral victory of the New Patriotic Party’s presidential candidate, Nana Addo Dankwa Akufo-Addo. While the former Finance Minister and a Member of Parliament’s...
The Ministry of Trade and Industry has taken the first step to purchase the ‘Kantaka SUV Car’ at a cost of GHȼ150,000.00. Mr Alan Kyeremanten, the Sector Minister, receiving the vehicle at a ceremony in Accra, said the initiative was to encourage Ghanaians to buy made in Ghana products to...
The Vice President of Ghana, Alhaji Dr. Mahamudu Bawumia, has been selling the Nana Akufo-Addo government’s ‘One District One Factory’ programme to businesses in Mauritius. The ‘One District One Factory’ programme is a public-private partnership for ensuring nationwide spread of industrialization in all 216 districts in Ghana. The private sector...
The Ghana Union of Traders Association (GUTA) has expressed dissatisfaction with the mid-year budget review presented at Parliament on Monday, by Finance Minister, Mr Ken Ofori-Atta. The GUTA said the budget failed to capture policies needed to flush out foreign illegal traders in the retail industry, one of the key...
The Ministry of Finance has extended the deadline for the payment of April salaries of some public sector workers who failed to enroll onto the SSNIT biometric system. The workers have up till the 15th of June 2017 to re-register to get their salaries paid. A statement from the Finance Ministry...
Seth Terkpe,finance minister Seth Terkper, Minister of Finance, on Thursday October 20, laid a paper containing details of the government’s budget for the first quarter of 2017 before parliament. The paper has been referred to the Finance Committee of Parliament. The committee is expected to present its report on the...
Majority of Ghanaians went to bed without power Wednesday night after what appeared to be a nationwide blackout hit the West African nation.   The lights went off around 9pm GMT.   The last time a nationwide blackout hit Ghana was in January 2016 as a result of system failure.   The nation’s power producer,...
Ghmain