The management of Ave Maria Resort located in the Main Harbour, Tema has finally decommissioned and handed over the site to the Ghana Ports and Harbours Authority (GPHA) to pave way for the ongoing port expansion project. The facility has since been demolished by the Meridian Port Services, the developers...
Economists at the research desk of Standard Bank, the parent company of Stanbic Bank Ghana, have said that Ghana’s central bank - the Bank of Ghana - may have appetite for moderate depreciation of the country’s currency this year. The information was contained in the March 2018 edition of...
The Food and Drugs Authority (FDA) has ordered the closure of some supermarkets in the country facilitate the removal of all products labelled in foreign languages. The decision by the FDA came following a publication by the Daily Graphic, which drew attention of authorities to some supermarkets and mother care...
The World Bank is projecting Sub-Saharan Africa’s economic growth to reach 3.1% in 2018 compared to 2017 decline. Projected growth forecasts according to the World Bank, are premised on expectations that oil and metals prices will remain stable, and that governments in the region will implement reforms to address macroeconomic...
Many Ghanaian students who have successfully completed their studies at various universities in China prefer to stay and work in the East Asian country rather than return home and contribute their quota to economic development of their home country. These students - whose education in the world’s second-largest economy were...
Due to a slowdown in the oil and cocoa sectors, lower government spending and tight credit conditions, Ghana’s economy is expected to grow by 5.7percent, Renaissance Capital, an investment bank, has said. According to the Russian-based investment bank with offices around the globe, growth from services, construction and manufacturing will...
…as China remains the largest investor in projects in Africa Jean-Pierre Labuschagne, Director of Corporate Finance, Africa Lead in Infrastructure & Capital Projects at Deloitte & Touche, has called on government to employ competent advisors for infrastructure projects, and pay contractors on time to avoid cost overruns. Presenting the 2017 Africa...
Vodafone Ghana has just decided to create a revolution in the mobile money space in the country. This follows the launch of arguably the most innovative product by its Vodafone Cash team to offer convenience and ease for all customers. Starting today, all customers of its Vodafone Cash mobile money...
President Nana Addo Dankwa Akufo-Addo on Tuesday called for investors and business leaders from the United Kingdom to participate in the extraordinary and unlimited investment opportunities available in Ghana. He told them that Ghana is the ideal place in the West Africa region and on the continent in which to...
…as it inaugurates nine-member GITC Private Sector Committee The Association of Ghana Industries (AGI) has indicated its strong backing to the Ghana International Trade Commission (GITC) as a trade institution that will help to sanitise and protect the interest of businesses in the country. “Our biggest challenge has been has been...