A US$24.5m Indian Exim credit facility is to be used to develop and implement a plantation and out grower scheme in a bid to provide raw material for the beleaguered Komenda Sugar Factory. Trade and Industry Minister, Alan Kyerematen, told parliament on Thursday that the scheme will see the cultivation...
The Payment Systems Oversight report by the Bank of Ghana (BoG) shows the value of mobile money transactions as of December 2016 reached GH¢78.5billion, indicating a 121.5 percent growth compared to the GH¢35.4billion recorded over the same period in 2015. The report also shows that the number of registered mobile...
A ‘National Tax Campaign’ dubbed ‘#OurTaxesOurFuture’ has been launched, with a call on the tax paying population to comply with all tax obligations. The campaign is to ensure that citizens fulfil their civic duty by honestly declaring their taxes. The national campaign, spearheaded by the Ghana Revenue Authority (GRA), is being...
Vice President Dr. Mahamudu Bawumia has disclosed that all is set for the country’s digital payments systems to be brought together and put on a single platform, which is technically known as interoperability, this month. According Dr. Bawumia, who was speaking at the Global Business Forum on Africa in Dubai,...
Victoria Naashika Quaye, a budding entrepreneur has been nominated as one of the panelist to speak at the high profiled Transcultural Leadership Summit on November 16-17,2017 at Zeppelin University. The two-day conference is expected to bring together experienced executives as well as young leaders and students from diverse backgrounds. Ms Quaye...
DP World, a leading enabler of global trade, has hinted of plans to come into Ghana and collaborate with the government in port operations, in furtherance of government’s vision of making the country a trade hub within the sub-region. Suhail Al Banna, Senior Vice President and Managing Director of DP...
The Nigerian High Commissioner to Ghana, Femi Michael Abikoye, has said Ghana and Nigeria will continue to deepen its relationship - a move that will see an increase in the number of Nigerian businesses operating in the country. According to him, Ghana and Nigeria have enjoyed a positive bilateral relationship...
Norwegian fertiliser maker Yara International is considering building a $2 billion plant in Mozambique and may seek partners to share the cost, the chief executive said. Mozambique awarded Yara a project in January to make ammonia and urea from the country’s gas output, saying the firm could produce up to...
The National Petroleum Authority (NPA) has officially launched its National Petroleum Safety Campaign to raise awareness on adherence to safety protocols in the petroleum downstream sector, under the theme ‘People Safety First’. Speaking at the launch, Chief Executive of the NPA Alhassan Tampuli said since April this year, the authority...
The President of Rwanda, Paul Kagame, is projecting the removal of all continental barriers to allow for free trade in Africa within the next 5 to 10 years. According to the Rwandan President, the various regional blocs in Africa have done a lot - putting in place the right measures...