Though Ghana’s economy has improved over the course of 2017, it registered gross domestic product growth of just 3.5% in 2016, its lowest level in two decades. But if the market as a whole was depressed over this period there is little evidence that it troubled the 2017 country winner,...
AngloGold Ashanti Iduapriem Gold Mine received three prestigious awards at the 2017 Ghana Mining Industry Awards (GMIA), organized by the Ghana Chamber of Mines in Accra. The GMIA seeks to promote, recognize and celebrate outstanding achievement and excellence in the mining industry. The three awards won by Iduapriem Gold Mine...
2017’s GITTA “Digital Bank of the Year” award winner, Guaranty Trust Bank (Ghana) Limited has concluded the full integration of Ria Money Transfer’s Direct to Bank Account service, which allows senders to have funds directly credited to beneficiaries of GTBank accounts in as little as 15 minutes. The service also...
The Poultry Farmers’ Association of Ghana (PFAG) has urged the government to develop a comprehensive policy, aimed at reengineering the poultry industry as a major economic driver. The association said there are huge economic opportunities along the poultry value chain such as employment and meat production but it requires national...
A consortium of Ghanaian investors, in partnership with the Ghana Gas Company Limited, is to set up a Polyethylene Plant at Esiama in the Ellembelle District of the Western Region. This can be done by using ethane from the gas produced by Ghana Gas which has high component of ethane...
A new bill has been laid before parliament to enable the Ghana Revenue Authority (GRA) 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 is named Standard for Automatic Exchange of Financial Account...
Despite a very stable performance all year long, the cedi has returned to its perennial fits of weakness as demand of the greenback by corporates and traders begins to rise ahead of the Christmas festivities. The cedi, over the past month, has struggled to keep up with the dollar with...
In a bid to rid the market of substandard and unlicensed electrical products, the Energy Commission has said it plans to present a bill to Parliament, which will give it powers to clean the market of illegal products. The commission, which is the technical regulator of the electricity sector, wants...
A Senior law lecturer at the University of Professional Studies, Accra (UPSA), Dr. Godwin Adagewine, has warned that investor confidence in the economy may erode if appropriate action is not taken to address the high rate and perception of corruption in the public sector. His comments come in the wake...
The Member of Parliament for the Ablekuma Central Constituency , Hon Ebenezer Gilbert Nii Narh Nartey,  has expressed dismay at the shameless sale of  African immigrants into slavery in Libya urging Ghanaian youth to channel their desires into maximising the opportunities created by the government in agriculture. According to him...