Karpowership is to deploy its 470MW Karadeniz Powership Osman Khan to the Sekondi Naval Base by the second half of this year.
According to Miss Sandra Amarquaye, Corporate Communications Specialist of the company, thw move is in line with government plans to ensure full utilization of gas resources from the...
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...
Ghana Oil Company Limited (GOIL) has been adjudged the Overall Best Taxpayer 2017 (Customs Division) by the Ghana Revenue Authority (GRA).
At a ceremony to present the award in Accra, the GRA recognised GOIL’s demonstrable ability to do business in compliance with the law.
Over the years, GOIL has won several...
Government is working towards putting a special funding mechanism in place, starting with GH¢20m, to support start-up businesses across various sectors, Business Development Minister, Ibrahim Mohammed Awal, has disclosed.
By March 2018, government would have closed the deal for the funding, the minister said during a familiarisation tour of the...
Local manufacturers have said tax waivers on imports and special projects, as well as waivers for the extractives sector, are undercutting them and making the operating environment a lot tougher for them.
Besides, they argue, government is shooting itself in the foot by continuously granting tax waivers to importers who,...
The country’s largest power producer, the Volta River Authority (VRA), is seeking to privatize most of its non-core businesses, as the Authority strategises to become one of the leading power producers in the sub-region.
The initiative is also meant to ensure a more transparent budgeting for tariff requests by the...
The Bank of Ghana has blocked plans by the Ghana Interbank Payment and Settlement Systems (GhIPSS) to offload part of its shares to commercial banks in the country, a source close to the botched deal has told the B&FT.
GhIPSS, a wholly-owned subsidiary of the central bank, has often spoken...
There’s a great deal of over concentrated development in the urban cities of Ghana at the detriment of the development of rural areas such as the Akohia Siase and Akohia Yiti communities which I visited in the Eastern Region of Ghana.
These communities, like most other rural areas in Ghana...
Minister for Energy, Boakye Agyarko, is hopeful that within the next 18months, 50 megawatts of solar power will be added to the national grid to augment country’s energy delivery.
Speaking to B&FT after the signing of Memorandum of Understanding on renewable energy between the government and ENI Ghana, Mr. Agyarko...