B&FT’s Online Editor, Richard Annerquaye Abbey, has been adjudged the Best in Information Communication Technology reporting at the Flamingo Awards, organised by the Institute of Financial and Economic Journalism (IFEJ). Mr. Abbey was recognised for his article that raised questions on why the Bank of Ghana sidestepped the Ghana Interbank...
Ghana Cocoa Board (Cocobod) is vigorously exploring prospects in the Chinese market for the country’s premium cocoa products, for which reason meetings have been ongoing between the two sides. Cocobod also plans to make a good showing at the maiden China International Import Exposition to be held in Shanghai from...
The tax revenue collection mobilised by the Ghana Revenue Authority’s (GRA) domestic division and processed through the Ghana Community Network Systems Limited’s (GCNet) Total Revenue Integrated Processing System (trips) in 2017 has hit ¢16 billion. This is according to figures available to thebftonline.com from the systems operator (GCNet) and it...
Corruption is a major contributor to Africa’s stunted development. By corroding and weakening governance institutions and the democratic values of human rights, gender equality, justice, and the rule of law, it has hindered the continent’s progress toward peace and prosperity. A 2002 AU study estimated that Africa loses about $150 billion...
The Ministry of Tourism, Arts and Culture has received a US$50million grant from the World Bank to support its activities and agencies to make the sector more vibrant. Addressing the media at the ‘Meet the Press’ series in Accra, the sector minister Catherine Afeku explained that the grant’s prime focus...
The Minister for Local Government and Rural Development, Hajia Alima Mahama, has directed the Registrar of Births and Deaths to review the directive banning the registration of some Ghanaian names. The directive was contained in a 2009 standard operating procedure manual and has been in force since then. However, Ghanaians have...
Ratings agency Moody’s has said it expects revenue of banks to shrink on the account of a slowdown in growth of loans advanced. Last Friday, the Bank of Ghana released its summary of economic and financial data, noting a continued slowdown in the growth of bank loans and advances in...
The Chamber of Petroleum Consumers (COPEC) has called on government to scrap the Special Petroleum Tax (SPT) and other levies that have made the cost of petroleum products in the countryshoot up. According to the chamber, the SPTspecifically has outlived its purpose and has now become a nuisance tax. “We are...
Government is to reinforce quarantine activities at the country’s various entry points to prevent invasions of the Fall Army Worm (FAW) affecting agricultural production, Deputy Minister of Food and Agriculture (MOFA) Dr. Sagre Bambangi, has said. “Government is determined to deepen its awareness and sensitisation campaigns as well strengthen the...
The Deputy Minister of Food and Agriculture, Mr. George Oduro, has reiterated government’s commitment to establish mechanisation centres across the country to make it easier for farmers to access tractors. The centres, with input devices, will be ready before June-July 2018, he said. “Government has observed the farmers’ needs, hence the...