As unemployment in the country continues to rise, many young people are turning to photography - an industry that is globally estimated to be worth over US$100billion, according to Zion Market research. Photography studios are popping up in various parts of Accra, and most of them are owned by young...
The Ghana Stock Exchange (GSE) continues to show impressive performance recording 28.67% in growth in its overall Composite Index as at February 15, 2018. The bullish run experienced by the equities market in in January, February and the whole of 2017 is set to continue unabated. Recording a market capitalization of...
Indigenous airline, Africa World Airlines (AWA), the only airline currently providing domestic air services in the country, has increased its flight frequency between Accra and Kumasi, and Accra-Tamale, to help meet the increased demand. This follows the suspension of operations of Starbow–the second domestic airline operator. AWA has increased its Accra-Kumasi-Accra...
The Ghana Revenue Authority (GRA) has locked up an unlicenced Chinese Factory - Everyday Manufacturing Ltd. - located at the Awutu Senya Constituency in the Central Region for illegally recycling cartons of government textbooks into toilet-rolls. The Special Revenue Mobilisation Task Force of the GRA embarked on the action after...
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,...
A professor in supply chain and logistics management, Douglas Boateng has urged government to enhance its strategies to ensure that many more COVID-19 patients recover as it will serve as the bedrock to attract investments in the near future. According to him, government must introduce measures to enhance the collection...
Despite several delays in the processes to conclude work on the regime to guide the sourcing of legal timber for the consumption of the local wood industry and the export market, it has emerged that plans are now far advanced to commence and test the FLEGT licensing regime this...
Today the Nana Addo Dankwa Akufo-Addo led government presented its second budget which contains revenue and estimates for 2018 to parliament. The 2018 budget according to the Minister of Finance, Ken Ofori Atta, seeks to create jobs, cuts tariffs in electricity, support SME’s and investments in the key sectors of...
A consultant to the Ghana Alternative Market (GAX), David Tetteh, has advised against the practice wherein companies only approach the capital market as a last resort when they are in distress. Against the backdrop that access to credit has been the bane of many businesses in the country, he noted...
It would cost government more than US$420 million to roll out solar power generation in all second cycle schools across the country. This amount, however, would not include subsequent maintenance of the equipment. The Deputy Director of Renewable Energy at the Ministry of Energy, Seth Mahu who disclosed this indicated that...