The bullish run experienced by the equities market in 2017 is set to continue unabated in 2018, according to analysis by Databank Research, based on its projections of a more stable cedi and a further decline in inflation and interest rates. “The sharp decline of yields in the fixed income...
The Vice President, Dr. Mahamudu Bawumia, is highly optimistic Ghanaians will feel real transformation in their lives from this year as government rolls out a number of programmes to boost the economy. Opening the 69th edition of the Annual New Year School at the University of Ghana, Dr. Bawumia stated...
Sir Sam Jonah, the Executive Chairman, Jonah Capital, has called for a deliberate policy to change the attitude of Ghanaians towards local products. He said the inordinate taste for foreign goods in Ghana and many African countries was not conducive to developing indigenous capital. “There is little faith in things made...
  While the cedi’s year-to-date performance against the US dollar has been encouraging, it has been faltering against other major currencies such as the pound sterling and the Euro. With the year barely a fortnight old, the cedi’s performance on the interbank market indicates a year-to-date depreciation of about 0.1 percent...
Expatriate businesses expected to take their turn at the Special Committee hearing in Parliament House failed to show up today, for unexplained reasons, Committee chairman, Kwasi Ameyaw-Cheremeh has confirmed. The five member Committee hearing has to be suspended indefinitely due to the no-show of the business companies. Mr Ameyaw-Cheremeh explained “Today...
The University of Mines and Technology (UMaT) Tarkwa, has installed former President, John Agyekum Kufour, as the first Chancellor of the institution. The installation ceremony which took place at the UMaT campus on Friday was to confer authority on the new Chancellor and welcome him officially to the University system. Hundreds...
President Nana Addo Dankwa Akufo-Addo has inaugurated a US$77.26 million Twyford Ghana Ceramics Company Limited which has created 1,846 jobs for residents in the Shama District of the Western Region. The factory which is into the production and distribution of tiles would operate at a designed production capacity of 14.4...
The North Gonja District Assembly has taken steps to find more markets for smocks woven in the area by tasking the country’s High Commissioners and Ambassadors to promote smocks in their countries of assignment. To this end, the Assembly has supplied a few smocks to some of the High Commissioners...
Government intention for the energy sector is to build synergies and network with various institutions in order to achieve energy aspirations to benefit the citizens. Minister of Energy, Boakye Agyarko speaking at the first quarterly meeting with Chief Executive Officers in the petroleum said: “As a sector, we will build...
Global oil super major, Exxon Mobil is expected to officially sign an exploration agreement with government this week to allow it undertake petroleum activities at the Deepwater Cape Three Points (DWCTP) Block off the western coast of the country. Although, the entry of Exxon Mobil into the country has been...