The Volta Aluminum Company (VALCO) is expected to benefit from an additional 75MW of hydro power at a competitive price of US$0.035/kwh in the first quarter of 2018. This will expectedly enable the aluminum smelting company to expand production from the current one pot-line to two pot-lines. According to a report...
For start-ups looking for sustained funding, the best way to access the right funding is to look out for investors who have experience in their field of business, Dr. Belinda Gail Quarterman Noah, Executive Director of the Founder Institute, a world premier idea-stage accelerator and start-up launch programme, has...
The Russian Federation has set aside US$1billion to assist Russian companies wanting to invest in the Ghanaian economy, in a move aimed at reinvigorating the sixty-year old diplomatic relations that exist between the two countries and which were strongest in the Nkrumah era. The Russian Embassy in Accra has been...
President Akufo-Addo has said that his government, over the past twelve months, has brought relative stability to the power sector in place of the erratic power situation popularly known as dumsor that it inherited. Highlighting his government’s achievements in its first year in office, the president underlined the importance of...
The Minister of Communications, Ursula Owusu-Akuffo, has bemoaned the lack of technological knowledge, especially among women and children. The minister said it is unforgivable that in the 21st century the majority of Ghana’s population, made up of women and children, still struggle to take advantage of advancement in technology to...
 Government has, as part of its industrialisation drive, outlined measures aimed reviving all collapsed cashew processing factories in the country. Key among the steps is a joint effort by the Ghana Export Promotion Authority (GEPA) and the Exim Bank to offer financial support for the retooling of troubled factories to...
A new legislative instrument (LI) to give the necessary legal backing for the full-scale implementation of the National Identification Programme is expected to be sent to Parliament for deliberation and passage. “The National ID system has delayed. The law under which the ID system could commence turned out to be...
President Nana Addo Dankwa Akufo-Addo has stated that the macroeconomic strides made over the past twelve months indicate his government is very much on course to turn around the fortunes of a distressed economy inherited from the Mahama administration. Addressing the press in Accra on Wednesday, the president lauded work...
The Annual Percentage Rates (APR) and Average Interest (AI) report for December 2017 released by the Bank of Ghana have shown that the lending rate to the agriculture sector remain high, as it hit 31.1 percent at the close of 2017. The report shows that out of the 31 commercial...
Government has, as part of its industrialisation drive, outlined measures aimed at reviving all collapsed cashew processing factories in the country. Key among the steps is a joint effort by the Ghana Export Promotion Authority (GEPA) and the Exim Bank to offer financial support for the retooling of troubled factories...