Gov’t, ECG should focus on minimising systemic losses Pay suppliers, power generators, transmitter on time The growth of renewable energy in the country should be seen as an opportunity, not a threat to the viability and future growth of the Electricity Company of Ghana (ECG), the largest distributor of...
The king and overlord of Dagbon, Ya-Na Abukari II, has been praised for bringing peace to the Dagbon kingdom - and by extension the entire Northern Region. The Executive Chairman of Jospong Group of Companies (JGC), Dr. Joseph Siaw-Agyepong, made the commendation when he led a high-powered delegation accompanied by...
As part of its commitment to supporting the Ghanaian economy, the German government, through the KfW Development Bank and Investing for Employment GmbH (IFE), in partnership with Stanbic Bank Ghana has announced an agreement to provide a €6million facility to support SMEs in the country. The initiative is expected to...
Rapid testing system deployed at KIA Land and sea boarders remain closed  In a major step to restore the economy to normalcy, the President, Nana Addo Dankwa Akufo-Addo has announced that from tomorrow, September 1, 2020, the country’s main air border, Kotoka International Airport (KIA), is open to international...
State-owned enterprises (SOEs), particularly those with internally generated funds, remain largely ineffective because they are manned by politicians seeking their own interest and not that of the state, Professor H. Kwasi Prempeh, Executive Director of the Centre for Democratic Development-Ghana (CDD-Ghana), has said. Prof. Prempeh believes most persons are appointed...
Sends wrong signal to investors Former Finance Minister Seth Terkper has waded into the controversies surrounding the Agyapa Royalties Limited deal, saying the current structure of the company whereby it operates as an off-shore company will raise red flags about the country’s commitment to fighting money laundering – a...
The European Union (EU) delegation to Ghana in collaboration with the National Authorising Officer’s (NAO), Office of Ministry of Finance has donated Personal Protective Equipment (PPE) to selected basic and senior high schools as well as Non-Governmental Organisations (NGOs) in the Greater Accra Region. The initiative is one of the...
To make doing business attractive to both local and foreign investors, government has launched a Business Regulatory Reforms Portal, aimed at furnishing enterprises with needed information and assistance in order to reduce the stress they go through in getting the needed certification and permits to operate smoothly. Ghana has moved...
Data from the Ghana Investments Promotion Centre (GIPC) has revealed that foreign investors in the country recorded revenue losses of around US$75,000 in the second quarter to challenges brought upon by the coronavirus pandemic. According to the report dubbed ‘Survey on the Impact of Coronavirus (COVID-19) on Foreign Investors in...
African Customs are working towards eliminating substantial amount of tariffs upon commencement of the African Continental Free Trade Area (AfCFTA). Chief Revenue Officer of the Customs Technical Services Bereau, Customsd Division of the Ghna Revenue Authority (GRA) Fechin Akoto has reveal. These initiatives are efforts the Ghana’s Revenue Authority as...