Ghana and the African Development Fund (ADF) last week Thursday signed a US$39.01million loan agreement to support government’s Flagship Programme in Agriculture: Planting for Food and Jobs (PFJ).
Mr. Ken Ofori-Atta, the Minister of Finance, signed on behalf of the Government of Ghana, while Dr. Yero H. J. Baldeh, Ghana...
…as Parliament approves Financial Account Information bill
Parliament has given legal backing to a new bill that will enable the Ghana Revenue Authority (GRA) to exchange information with other tax administrations in the world regarding certain financial accounts of entities or individuals, in a bid to curb tax evasion.
The bill,...
Guaranty Trust Bank (Ghana) Limited has posted a pre-tax profit of GHS127.5 million for the 2017 financial year representing a 20% growth over previous year’s GHS106.5 million. This is the eleventh (11th) successive year that the bank is declaring profit since its commencement of operations in Ghana in 2006.
After-tax...
The International Finance Corporation (IFC), a subsidiary of the World Bank Group, has presented ‘Banking on Women’ - an initiative that seeks to encourage banks to explore targetted investment and advisory services to promote access to finance for women entrepreneurs.
The product is expected to also explore untapped opportunities within...
… Cost factor versus public safety
“This is not a rip-off” says the implementer
While the Importers and Exporters Association of Ghana has thrown its weight behind it, a number of other trade associations have raised cost and other concerns over the planned cargo disinfection exercise at the country’s...
The First Deputy Speaker of Parliament, Joseph Osei-Owusu has urged students to strive to be smart, loyal to their country but should ensure that integrity precedes everything they do.
Addressing students during the inauguration of the Koforidua Technical University Parliament House on Saturday, he indicated that “Strive to be loyal...
Operating profit (EBIT) of €14.98 million in 2017 (IFRS standard)
Net result of €3.57 million (IFRS)
Market share increased by 1.4 p.p. (+ 1.3 million passengers)
Passenger growth of 15% and 16.5% in January and February 2018
1 million passengers (+17.3%) leading to a record seat load factor...
A Civil Society group operating within the mining sector, Wassa Association of Communities Affected by Mining (WACAM), have joined the Ghana MineWorkers' Union (GMWU), to kick against Goldfields Ghana Limited's (GFGL) moves to contractor mining at its Tarkwa mine.
WACAM has therefore called on the government, to immediately intervene and...
As part of its sustainability efforts focused on the environment, Vivo Energy Ghana, the company that markets and distributes Shell branded fuels and lubricants has entered into partnership with Environment 360, a Non-Governmental Organisation to roll-out a comprehensive recycling programme dubbed CyClean targeted at basic schools in the James...
Business entities that do not take the pain to conduct thorough background checks on potential employees face a considerable risk which could lead to dire consequences on their operations, business risk specialist Harry Baiden has said.
In 2016, the Bank of Ghana stated that financial institutions reported about GH¢240 million...