After an unsuccessful move to enter the Ghanaian market some three years ago, American businessman and financial expert Bob Diamond has told the B&FT he has not abandoned his plans, as he considers Ghana a very viable business destination. “Our plans have always been to invest in 10 to 15...
Cameroon’s economic growth rate is expected to slip to 3.7 percent this year, down from an earlier estimate of around 4 percent, due to falling oil production, the International Monetary Fund said on Friday. The IMF approved a $666 million, three-year extended credit facility in June for Cameroon, which has...
Viable companies to be established under government’s ‘One district, One factory’ initiative will be showcased at the biggest world Expo to be held in Dubai, UAE in 2020, Yofi Grant, Chief Executive Officer of the Ghana Investment Promotions Centre (GIPC) has said. Asked by the B&FT whether the GIPC considers...
Ghana is to confirm its participation in the biggest world expo - to be held in Dubai, UAE in 2020 - following fruitful discussions between the Chief Executive Officer of Ghana Investment Promotions Centre (GIPC) and the organising committee of Expo 2020. “We have had a meeting with the CEO...
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,...
National boxing legend and former WBC featherweight  and WBC super featherweight champion, Azumah Nelson, has held discussions with the Ghana Civil Aviation Authority (GCAA)–the aviation industry regulator–about establishing an airline. www.aviationghana.com sources say, the discussions took place months ago and the boxing ‘professor’ and his business associates are now expected to submit some...
#Justice4Her. A rallying cry in pursuit of justice for a 4 year old little girl. The cry chastised the police, urged the arrest of her alleged rapist, demanded action of a President, criticized inaction from a Ministry and petitioned Parliament to become more involved. A suspect is now, finally, in...