The one hundred and forty-one rural and community banks in the country have almost the same operational ideologies with similar concepts offering identical products, but with different board composition and management.
The industry has made very significant financial impacts since its inception about forty years ago, and has brought financial...
The National Petroleum Authority (NPA) - the institution mandated to regulate, oversee and monitor activities in the petroleum downstream industry - is pushing for stronger local players in the industry, even as it seeks to shut down operations of idle members.
Hassan Tampuli, Chief Executive Officer of the NPA, in...
Donewell Insurance Company, one of the leading underwriting firms in the country, made a landmark payment of GH?12,917,168 last week in claims to Kingdom Books and Stationery.
The amount will help restore the company to its original state after fire gutted the Prampram warehouse of the books and stationery dealer...
Board Chairman of the Public Procurement Authority (PPA), Prof. Douglas Boateng, has underlined the need for further review of the authority’s regulations to make it compulsory for procurement practitioners to be licenced to operate.
That, he said, is the best way to ensure ethical standards within the procurement practice and...
Some communities in the Northern Regions are expected to benefit from government’s One Village, One Dam programme when it commences in December.
According to the Deputy Food and Agriculture Minister, Dr. Sagre Bambangi, the programme is expected to commence in the dry season, which is expected sometime in December 2017.
“In...
The fate of hundreds of workers at communication entity Airtel-Tigo is hanging in the balance as they begin an audition process to keep their jobs following finalisation of the merger between the two telcos.
Sources close to the merged entity have told the B&FT that in the coming days workers...
120 deaths, 635 injuries in 10 years
Absence of rigorous standards and regulation blamed
The nation has since 2007 recorded 120 deaths and 635 injuries from gas explosions, aside from the unquantified economic and social costs running into millions of Ghana cedis.
The latest incident at Mansco LPG filling station...
The central bank says government’s inability to meet its projected revenue performance poses considerable danger to government’s fiscal consolidation efforts.
Revenue and grants performance for the first seven months of the year – GH¢20.8billion is more than GH¢3.2billion short of the GH¢24billion target for the period under review.
According to the...
The Ministry of Trade and Industry and the Ghana Export Promotion Authority (GEPA) are to promote locally-made handicrafts as a major export commodity on the international market.
The collaboration, which is expected to generate an estimated US$1billion a year, forms part of a broader strategy of promoting made-in-Ghana products globally.
Products...
Kumasi and Sogakope will be the beneficiaries of sugar-processing and cylinder-manufacturing factories respectively to be set-up by Chinese company, Sky Team Ningbo.
The sugar-processing factory in Sogakope has already taken-off, and according to the CEO of the Sky Team Group, Annie Shen, the company is looking forward to making an...