Today the first concrete element was moved from land into sea marking a new phase of the Tema Port Expansion project delivered by Meridian Port Services. This achievement is significant as it shows the project is on time for building the first 700 meters of quay wall ensuring the new...
While a number of Turkish businesses have expressed desire to enter the West Africa market, they see elaborate procedures involved in doing business in the sub-region as a major disincentive to foreign investment. This is in addition to lack of credit facilities for such foreign business owners who venture into...
…lobbying SSNIT for a slice of pension funds The Ministry of Works and Housing has commenced moves to secure land banks for real estate developers to partner government deliver affordable housing nationwide. The ministry is also lobbying the Social Security and National Insurance Trust (SSNIT) to dedicate a percentage of...
The rate of unemployment continues to increase despite the significant economic growth recorded over the last 12 months, as low absorption sectors such as mining, oil and gas, and financial intermediation drive growth. Prof. William Baah-Boateng of the Department of Economics, University of Ghana said: “From the demand side, we...
The Minister of Finance, Ken Ofori-Atta, has instructed the Ghana Ports and Harbours Authority (GPHA) to cancel a Concession Agreement with Messers Ibistek Ghana Limited, for the development and operations of on-dock container and multi-purpose terminal at Takoradi Port. The directive cited by the B&FT is contained in a letter...
Barclays Africa Group has outlined plans that will usher it into a new era, including rebranding to Absa, after it separated from Barclays Plc. Announcing the bank’s new focus, its CEO Maria Ramos said having separated from the parent company affords Barclays Africa Group the opportunity to emerge as a...
A new study has revealed that, preventing violent conflict can save lives and money, up to US$70 billion per year on average, The study which is published today by the World Bank and the United Nations themed, “Pathways for Peace: Inclusive Approaches to Preventing Violent Conflict” is the report on...
The Ghana Shippers’ Authority (GSA), in collaboration with other stakeholder agencies in the maritime logistics sector, has organised a sensitisation workshop for haulage truck drivers as part of efforts to reduce the high rate of road accidents along the country’s transit routes. The one-day workshop educated haulage truck drivers and...
Local poultry farmers must be guaranteed a 40 percent market share, while a sector regulator must be established to check the activities of players, the Ghana National Association of Poultry Farmers (GNAPF) has proposed. The regulator’s role, it said, could check hatcheries - producers of day-old chicks - to the...
The Board Chairman of the Minerals Commission, Samuel K. Boafo, has vowed that he and his team will vigorously resolve all concerns obstructing revamping of the salt industry, which has great potential to uplift the economic wellbeing of local people. “We will seek to resolve all concerns and issues, including...