As many as 191 companies have been identified under the One Disctrict, One Factory initiative to undertake projects in 102 districts, with the potential of creating 250,000 jobs when implemented. “The Ministry of Trade and Industry completed technical, financial and commercial viability analysis of 462 proposals, out of which 191,...
Golden Star Resources has been awarded the 2018 Environmental and Social Responsibility Award by the Prospectors and Developments Association of Canada (PDAC). Selected by PDAC's Board of Directors, this award recognizes an organization that demonstrates outstanding initiative, leadership, and accomplishment in establishing and maintaining good relations with local communities and...
In an effort to free the Newmont Ahafo Mine concession from illegal mining activities, Newmont Ghana Gold Limited (NGGL) has initiated steps to create an alternative means of livelihood for the illegal miners. The agro-based initiative is expected to create about 26,600 jobs in the first five years. The company...
The Ministry of Local Government and Rural Development (MLGRD) has laid a Legislative Instrument (LI) before Parliament for the creation of 38 districts in Ghana. The Minister for the MLGRD, Hajia  Alima Mahama, was in Parliament yesterday and presented papers seeking the legislative arm of government to allow for the...
Ghana will supply Burkina Faso with 100MW of electricity daily after completion of the 225kva Bolgatanga-Ouaguadougou interconnection project, William Owuraku Aidoo, a Deputy Minister of Energy, has said. Ghana has been supplying power to Burkina Faso, albeit in smaller quantities, since 2003; moving up from 0.5MW to 9.2MW in 2013....
Government has said it will be turning its attention to the Eurobond market as it seeks to raise a billion cedis to finance its budget deficit for the 2018 fiscal year, Finance Minister Ken Ofori- Atta has said. Presenting this year’s Budget Statement and Economic Policy to Parliament on Wednesday,...
Wholly-owned Ghanaian investment firm, IBISTEK Limited, has announced plans to build and operate a multi-purpose on-dock terminal that will help drive up traffic to the country’s exports-based seaport. The construction of the terminal is expected to shore up the cargo throughput capacity of the Takoradi Port to about one million...
The Finance Minister, Mr. Ken Ofori Atta, has explained that government’s decision to maintain the producer price of cocoa for the 2017/18 crop season, at GH¢7,600 per tonne, was to minimise the effects of the decline in the price of the commodity on the world market, on cocoa farmers. He...
capitation grant up to GH¢10 No BECE registration fee Income tax waived for private varsities In a bid to attract investors into the country’s education sector and position it as a hub in the sub-region, Minister of Finance Ken Ofori-Atta has revealed that government will give tax breaks...
Airlines operating flights to and from Accra, Ghana are changing their aircraft in response to increased capacity on the route, demand by passengers for enhanced comfort and improved on-board services, starting a healthy competition that will benefit consumers. Given the capacity of these aircraft, airlines would have to be creative...