Gov’t considers incentives for ‘1 District, 1 Factory’ investors—Yofi Grant

Government is considering a host of incentives for investors who have expressed interest in its flagship “One District, One Factory” project, Yofi Grant, CEO of Ghana Investment Promotion Centre (GIPC) has said. In an interview with the B&FT in Accra at a ... — Read More

‘Industries must pay cheaper electricity to accelerate economic growth’

The Head of the Centre for Business Development at the Kwame Nkrumah University of Science and Technology (KNUST), Samuel Yaw Akomea, has renewed the plea for government to review the prevailing electricity costing policy where industries are been charged more than ... — Read More

AGI Construction Sector launched

The Association of Ghana Industries Construction Sector has been launched in Accra with the mission of influencing the development and growth of the construction industry.This will be achieved through effective stakeholder engagements and policy reform initiatives that will enhance the capacity ... — Read More

Fiscal deficit to be ‘tied’ at 5% GDP

Government is considering an amendment to the Public Financial Management Act (PFMA) that will peg fiscal deficit at five percent of the country's Gross Domestic Product (GDP) from next year, Vice President Dr. Mahamudu Bawumia, has revealed.That, he said, will entrench ... — Read More

June inflation slows to 12.1 percent

Year-on-year inflation rate for the month of June 2017, dropped to 12.1 percent, from the May figure of 12.6 percent, latest figures released by the Ghana statistical Service have shown.The figure, which represents a 0.5 percentage points decrease from the previous ... — Read More

June inflation slows to 12.1 percent

Year-on-year inflation rate for the month of June 2017, dropped to 12.1 percent, from the May figure of 12.6 percent, latest figures released by the Ghana statistical Service have shown.The figure, which represents a 0.5 percentage points decrease from the previous ... — Read More

Gov’t signs MoU with Russia for rail project

Parts to be manufactured locally20 factories to be constructed40,000 jobs to be createdRussian Railway Company, Geo Services, has signed a Memorandum of Understanding (MoU) with the Ghana's Railway Ministry for the construction of gov'ts proposed Accra-Paga railway line and other truck ... — Read More

Economy still fragile – Ken Thompson

Mr Kenneth Thompson, Chief Executive Officer of Dalex Finance Company has described Ghana's economy as fragile and bedevilled with huge challenges.He said the economy could crumble under any major economic shock such as crop failure or sharp fall in commodity prices.Mr ... — Read More

Ghana Economic Forum 2017 set for August 7-8

The sixth edition of the Ghana Economic Forum (GEF) 2017 is scheduled for August 7 & 8, 2017 at the Kempinski Hotel, Gold Coast City, Accra.The event, which is to be held under the theme: "Building a Ghanaian Owned Economy, 60 ... — Read More

Corruption in public procurement to end—PPA

Corruption, collusion and fraud that have become rampant in public procurement processes are expected to end soon with the coming on-stream of the Electronic Government Procurement (EGP) system by December this year, the Public Procurement Authority has said.The Authority yesterday, launched ... — Read More

SMEs lament GH¢2m EXIM Bank cash hold-up

The 20 young entrepreneurs who were awarded a grant of up to GH¢100,000 each last year by the Export Import Bank (EXIM) under the Graduate Enterprise Development Initiative (GEDI) programme, have expressed disappointment in the hold-up of the funds.The GEDI programme ... — Read More

Gov’t pledges support for punctuality campaign

The Minister for Information, Mustapha Abdul-Hamid, has pledged government's support for the Punctuality Ghana Education Project aimed at instilling the culture of punctuality in the daily life of Ghanaians."What motivated the president to talk about punctuality and time management and its ... — Read More

Lack of SEC board constrains local bourse

The Ghana Stock Exchange (GSE) has added its voice to the growing list of frustrated capital market players who have called on government to, as a matter of urgency, constitute a board for the Securities and Exchange Commission (SEC).Albert Essien, Board ... — Read More

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