Implementation of the Cylinder Recirculation Model, which is expected to begin this year, will create an estimated 4,500 new jobs along different levels of the supply chain.
An official statement from the Corporate Affairs Division of the National Petroleum Authority (NPA) said: “Direct job losses are estimated to be about...
Brent reaches highest in five years
Ghana averagely imports more oil that it exports
Ghana will likely hedge its oil imports under a new risk management strategy to keep fiscal consolidation on track as global crude prices recover, a finance ministry source told Reuters on Monday.
Brent crude futures hit...
B&FT’s Online Editor, Richard Annerquaye Abbey, has been adjudged the Best in Information Communication Technology reporting at the Flamingo Awards, organised by the Institute of Financial and Economic Journalism (IFEJ).
Mr. Abbey was recognised for his article that raised questions on why the Bank of Ghana sidestepped the Ghana Interbank...
The tax revenue collection mobilised by the Ghana Revenue Authority’s (GRA) domestic division and processed through the Ghana Community Network Systems Limited’s (GCNet) Total Revenue Integrated Processing System (trips) in 2017 has hit ¢16 billion.
This is according to figures available to thebftonline.com from the systems operator (GCNet) and it...
Corruption is a major contributor to Africa’s stunted development.
By corroding and weakening governance institutions and the democratic values of human rights, gender equality, justice, and the rule of law, it has hindered the continent’s progress toward peace and prosperity.
A 2002 AU study estimated that Africa loses about $150 billion...
The Faculty of Agriculture of the University for Development Studies (UDS) has begun commercial production of certified seeds to feed farmers, and to enhance food security in the country.
The department has acquired 1,000 acres of land at Damongo in the East Gonja District of the Northern Region for that...
The Ministry of Tourism, Arts and Culture has received a US$50million grant from the World Bank to support its activities and agencies to make the sector more vibrant.
Addressing the media at the ‘Meet the Press’ series in Accra, the sector minister Catherine Afeku explained that the grant’s prime focus...
Ratings agency Moody’s has said it expects revenue of banks to shrink on the account of a slowdown in growth of loans advanced.
Last Friday, the Bank of Ghana released its summary of economic and financial data, noting a continued slowdown in the growth of bank loans and advances in...
For many developing economies, local agricultural markets are the lifeline of smallholder agricultural production systems. Small holder farmers obtain substantial benefits through greater engagement in local markets.
Marketing of farm produce of smallholders in many developing economies is beset with a number of challenges which reduce the benefits of smallholder...
MTN Ghana, has awarded four brand new Hyundai vehicles to the first set of winners in the “MTN 4G Taking Over” promotion.
The first presentation was done at the Graphic road branch of MTN in Accra.
In all about 28 customers received various prizes in the promotion. Eight customers received Ghs...