Even though Meralco Consortium led by the Manila Electricity Company of the Philippines has been selected by the Millennium Development Authority (MiDA) to manage the state-owned power provider, Electricity Company of Ghana (ECG), under the Power Compact II agreement, it has emerged that the government of Ghana reserves the...
The Food and Drugs Authority (FDA) have cautioned manufacturers and importers of food, drug, and cosmetics that the distribution of products not labelled in English contravenes Section 4 Subsection 3 of the Ghana Standards Board (Food, Drugs and Other Goods) General Labelling Rules, 1992 L.I 1541.
In a statement issued...
Ghana’s strength lies in agriculture, and therefore structures must be developed to support and fund the sector to grow the economy and create employment for the millions of unemployed youth, Celeste Fauconnier, Senior Global Markets Researcher at the Rand Merchant Bank (RMB), South Africa has said.
Ms. Fauconnier, who was...
The Vice President, Dr. Mahamudu Bawumia has emphasized Ghana’s commitment to supporting Liberia in terms of economic cooperation and other investment opportunities that the two countries may explore for the future.
He made this assertion when he welcomed the Vice President of the Republic of Liberia, H.E Jewel Howard Taylor...
The Minister for Trade and Industry, Alan Kyerematen, has said that, the Akufo-Addo government was still committed to building an economy that is resilient and robust enough to grow the private sector to produce Ghanaian owned multinational companies.
He believes this will subsequently take Ghana from begging for aid and...
The Ghana National Chamber of Commerce and Industry (GNCCI) has held a ground breaking and soc-cutting ceremony to commence the construction of an office complex, which will be used as the National Secretariat for the Ghana National Chamber of Commerce and Industry in Accra.
The building complex seeks to move...
In the face of ongoing reforms within the regulatory environment of the banking industry, Rural and Community Banks (RCBs) will have to plan toward the looming changes, rural banking expert Mr. Joseph Akossey has advised.
In recent communications regarding the state of the financial sector, the Bank of Ghana (BoG)...
The Deputy Minister for Youth and Sports, Pius Enam Hadzide as well as the Acting Director General of the National Sports Authority Robert Sarfo Mensah have been suspended from office, by the President, Nana Akufo-Addo.
The suspension which takes immediate effect is in reaction to the visa scandal which has...
The Inflation Rate for March 2018 dropped marginally to 10.4%, representing 0.2% decrease from the 10.6% recorded in February, 2018.
According to the release issued by Ghana Statistical Service at a news conference (GSS) in Accra, “the year-on-year inflation rate as measured by the Consumer Price Index (CPI) was 10.4...
The Public Interest and Accountability Committee (PIAC) has expressed worry over the whereabouts of petroleum cash given to organisations like the Microfinance and Small Loans Centre (MASLOC), Venture Capital Trust Fund, and Exim Guarantee Fund.
In its Composite Report on District Engagements and Project Inspections, covering the period 2011 to...