The Ghana Mineworkers Union (GMWU) has served notice it will embark on a full-blown strike by Tuesday March 27, 2018, if the government does not call mining giant Goldfields to order. Per the unions directives which is contained in a statement which was copied to the B&FT, prior to the...
For years Ghana’s fishing subsector has experienced stunted growth, making its contribution to the economy quite insignificant compared with other subsectors. The fishing subsector since 2006 has contributed less than 3 percent to the country’s economy, according to the Ghana Statistical Service (GSS) data. In 2006 the industry contributed 2.5 percent...
Mr. Kofi Adjepong-Boateng, the banker, has taken up a board position with the Economic Advancement Programme of the Open Society Foundations - the charity founded by George Soros, the billionaire philanthropist. Mr. Adjepong-Boateng joins the EAP board following the announcement made in October 2017 that George Soros has given US$18bn,...
Guaranty Trust Bank (Ghana) Limited has appointed Mr. Thomas Attah John as its new Managing Director effective Friday, March 16, 2018, following Bank of Ghana approval. He replaces Mr. Lekan Sanusi who takes up a new position as Managing Director of Guaranty Trust Bank Uganda Limited. Mr. Thomas Attah John, an...
Simon Dornoo, who formerly headed GCB Bank, has been appointed to lead the team of experts from accounting and auditing firm, KPMG, to revive and stabilise uniBank Ghana Limited. With 25 years experience in banking, Mr. Dornoo will act in that capacity over the six months that uniBank is expected...
Some disgruntled customers of ASN-Financial Services Limited (ASN-FSL), a licenced Finance House, are unable to access their investments with the indigenous institution - a situation further compounded by lack of information from the institution or the central bank. “We had a meeting in March last year, when they promised...
Springfield E&P (SEP) and ENI Ghana Exploration Limited ( ENI) have been directed by  government to commence immediate talks on unitization of the Afina and Sankofa fields offshore Ghana (operated by SEP and ENI respectively). Based on technical evidence that the reservoir straddles both blocks, government directed in a letter...
Local producers can’t meet demand Low investment contains growth The Ashanti Regional Director of the Ministry of Food and Agriculture (MoFA), Rev. John Manu, has called for investment in research to identify products that could be commercialised from oil palm, as the demand for the cash crop and allied...
As the world turns attention to promoting a green clean environment devoid of pollution, one thing that has become a major cause for concern is the issue of plastic waste swallowing countries, especially, developing ones. It is reported that approximately 380 billion plastic bags are manufactured annually and only...
In the early weeks of November this year, a team of young enterprising engineers set off to do something unconventional. Their talents and dexterity would now be put to the test. Equipped with the idea and learning from the old success stories, they believed it could be done. Indeed,...