Africa returned home from the Eleventh Ministerial Conference (MC11) of the World Trade Organisation (WTO) without getting any of what it tabled. The conference ended on the 13th of December 2017 in the Argentine capital, Buenos Aires, and again failed to address the longstanding demands of Africa which were...
Since February 2017, about GH₵295,457 has been realised from the sale of 277 containers of illegally hewed rosewood impounded by government, John Peter Amewu-Lands and Natural Resources Minister, has said. The minister made the disclosure when he appeared before Parliament on Tuesday, December 19, 2017 to answer questions on the...
The Ghana Investment Promotion Centre (GIPC) with the help of the Ghana Police Service, has apprehended five (5) companies that presented forged documents as registration requirements under the GIPC Act 2013 (Act 865). The cases involved are falsification of Registrar General’s documents, forgery of GIPC Certificate, and forgery of Bank...
The country’s Gross Domestic Product (GDP) expanded 9.3 percent in the third quarter of 2017, anchored on growth in the industrial sector, the Ghana Statistical Service (GSS) has revealed. The figure represents a 0.3 percent increment from what was recorded in the previous quarter, and 4.7 percent higher than the...
The Ghana Chamber of Mines has presented a cheque for US$100,000 to the Ministry of Environment, Science, Technology and Innovation, in a bid to support training and empowerment of the next generation of researchers, problem-solvers and leaders. The money will go to support the Science, Technology, Engineering and Mathematics (STEM)...
Property rental for Ghanaian Missions abroad cost the Foreign Affairs Ministry an estimated GH₵62m, or approximately US$14m in 2017, a report of the Committee on Foreign Affairs has revealed. The amount covers rent payment for Ghanaian Missions in 52 cities across the world, comprising Africa, America, East Europe, Asia and...
The Emmanuel Cooperative Credit Union Limited has made significant gains, recording GH¢401,392 profitability in the 2017 year under review - representing 75.3 percent growth as against GH¢228,959 attained in 2016. Its Total Assets increased from GH¢4,461,574 recorded in 2016 to GH¢5,487,084 achieved in the year under review, 2017 - which...
The Ghana Cocoa Board (Cocobod) is seeking to raise an about-US$750million facility from a consortium of banks to help finance a massive cocoa rehabilitation programme, aimed at replacing more than half of the country’s overaged tree stock. The US$750million loan facility will be raised from local and foreign banks, is...
Ghana has acquired its first racing chair for female athletes, for specialised sporting disciplines. The acquisition of the specialised equipment was made through a donation of funds by GCB Bank Limited, in response to an appeal from the Go-Get-Them Racing Club. The Club is made up of a dedicated group of...
The Business Development Minister, Ibrahim Mohammed Awal, has said government’s vision of building a Ghana beyond aid is anchored on the creativity of young people who can venture into business and create employment for themselves and others. Mr. Awal, speaking at the first-phase of training for the National Entrepreneurial and...