Home Business

Business

Banking, Finance and Investment

Private businesses in Ghana thrive the “most” under the National Democratic Congress, former President John Mahama has stated. He said claims that the opposition party, which is socialist in orientation, is against business are false and misleading. Speaking at the first enrollment ceremony at the NDC’s ideological Institute in Accra, Mahama...
Deputy Finance Minister, Hon. Kwaku Kwarteng has ruled out any possibilities of sabotage in the difficulties surrounding the newly introduced paperless port clearing process as suspected by a section of Ghanaians. ''We visited the port yesterday and after deliberations with the officers in charge, we realized that they have legitimate...
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Mr Duncan Amoah has revealed that prices of petroleum will go up in the second window of September. According to him, the resultant effect of the recent hurricane in United State of American has affected the operations of some major...
Fifty-seven oil marketing companies (OMCs) have been sanctioned by the Ghana Standards Authority (GSA) for engaging in various infractions detrimental to the interest of consumers. All the affected OMCs are in the Greater Accra Region. They were fined a total of GH¢261,000 for serving customers with lower volumes of fuel,...
The Chief Executive Officer of McDan Shipping Company Daniel McCauley has denied any wrong doing in the GH¢10.45million loan granted to his company by the ADB. According to him, claims that he leveraged on a perceived relationship with the finance minister to secure the loan are baseless and untrue. The Minority...
Finance Minister Ken Ofori-Atta, has said that the tax stamp policy, when rolled will to address the counterfeiting of products on the markets and improve revenue generation. "Once the tax stamp policy has been adequately rolled out, government will lead the campaign to remind consumers that patronage of products that...
Minister of Food and Agriculture, Dr Owusu Afriyie Akoto has said that petroleum and gas Industry must focus more on generating money to be invested in other job-creating sectors such as agriculture. According to him, the future of Ghana’s oil and gas sector would be mainly automation, with limited employment...
Madam Shirley Ayorkor Botchwey, the Minister of Foreign Affairs and Regional Integration, has reiterated the need for the business community to add value to their export commodities. According to her, adding value to raw materials coupled with Government’s vision of industrialising the nation from consumption to production would fast-track economic...
The Ghana Community Network Services Limited (GCnet), systems management consultant, has begun a series of training and sensitization workshops for stakeholders ahead of the paperless port operations which starts on September first. Speaking to the Ghana News Agency (GNA) on the sidelines of a three-day workshop for ports agents in...
At least Gh¢3,311,963,314 of tax payers’ money have been lost in the public sector due to financial irregularities. The irregularities which occurred at the sector ministries and their respective public board and corporation and statutory institutions took place in seven forms – outstanding debtors/loans recoverable charges, cash irregularities, payroll irregularities,...