The President Nana Addo Dankwa Akufo-Addo on Friday, left Ghana for a 10-day visit to Togo, the United States of America, and Germany. This is according to statement from the Communication Directorate at the Presidency. In Togo, the President will resume the mediation efforts which begun on 19th February, 2018, with...
An Accra High Court, Financial and Economic Division has convicted a former National Coordinator of the defunct Ghana Youth Employment and Entrepreneurial Development Agency (GYEEDA) Mr. Abuga Pele and Mr. Philip Akpeena Assibit, a representative of the Goodwill International Group (GIG) to 6 and 12 years imprisonment respectively, after...
Park Agrotech Ghana Limited, has launched a high potency poultry feed range, Lay More, onto the market to help farmers increase poultry yield. “Today we have launched the “Lay More” range of poultry feed for layer birds. There are five different grades of feed which have been launched, each for...
Moves into Contract Mining with 21years life of the mine Between 2000 – 2500 to be employed Tax Concession Agreement and Development Agreement Awaiting Parliamentary Approval Mine production for 10years – averaged 350,000oz – 450,000oz at an average head grade of 8.1g/t. The initial cost of the project...
Members of the Presidential Task Force on the ECOWAS Single Currency Programme have reaffirmed their political will to meet the Bloc’s single currency programme deadline by 2020. They also reaffirmed their commitment to ratify and implement all relevant ECOWAS Protocols and Conventions, as well as a gradual approach wherein member-states...
The board of the Ghana EXIM Bank has approved a GH¢300million financial seed fund to support various industries in the country. CEO of the Bank, Lawrence Agyinsam, said the beneficiary industries include oil palm, pineapple, poultry, creative arts, pharmaceutical manufacturing, as well as garment and apparel manufacturing. In collaboration with the...
Roads Minister, Kwasi Amoako-Attah, has said government is expected to pay GH₵17.8billion as ‘commitment fees’ inherited from the previous administration on road contracts. He told Parliament on Wednesday, when he was contributing to the President’s State of the Nation debate that: “As at January 1, 2017, the total commitment at...
With the economy tipped to become Africa’s fastest-growing, investor appetite is high for Ghana as one of Africa’s leading private equity firms, Advanced Finance & Investment Group LLC (AFIG Funds), has made a significant capital injection into First Atlantic Bank (FAB) to help it meet the GH¢400million minimum capital...
The Head of the Economics Department of the University of Ghana, Prof. Peter Quartey, has said the central bank’s inflation-targetting mechanism remains effective, suggesting that calls for abolition of the regime are premature. Prof. Quartey was speaking at a public lecture organised by the Department of Economics, University of Ghana...
Vice President, Dr. Mahamudu Bawumia has reiterated government’s interest in further strengthening the development of electronic payment system infrastructure in Ghana as it has the potential to lessen the burden of tax and fees payments, especially by businesses and the general public. He explained that making the process of payment...