Mr. Jai Mirchandani, Chief Executive Officer of Avnash Industries Ghana Limited - the country’s most formidable agro-industrial processing company, has said it is ready to invest over US$100million into government’s One District, One Factory (1D, 1F) policy to ensure its success. “We are investing over US$100million from next year. I...
Dozens of investors have submitted proposals to the Aviation Ministry to partner government in the development of various on-ground aviation infrastructure, Ms. Cecilia Daapah, Aviation Minister has said. ” The Aviation Ministry is Inundated with various infrastructure proposals and they are carefully being considered,” Ms. Dapaah said at the official...
MTN Ghana has responded allegations of telcos' complicity in mobile money fraud in an article published in The Finder newspaper on October 23rd 2017, under the headline Mobile Money Fraud alarming. In the publication, the newspaper alleges amongst other things that staff of Telecom companies are involved in Mobile Money...
The Ghana National Chamber of Commerce and Industry (GNCC) Chief Executive Officer, Mark Badu-Aboagye, has called for stronger and increased trade relations between Ghana and Morocco to further tap into the economic potentials of the two countries for mutual benefit. According to Mr. Badu-Aboagye, optimal trade among the two countries...
The first tranche of GH¢6 billion of the GH¢10 billion energy bond, which saw bids open yesterday, is expected to deepen the local corporate bond market. With a total of GH¢36.64billion corporate and government bonds and notes listed on the Ghana Stock Exchange (GSE), only GH¢570.55million - representing 1.56 percent...
Deputy Minister of Food and Agriculture, Dr. Sagre Bambangi has Parliament that  government has so far expended about GH₵10m on insecticides procurement in a bid to combat the Fall armyworm(FAW) outbreaks throughout the country. He told Members of Parliament, when he was asked a question by Member of Parliament for...
Government has began a processes to set up a Trust Fund that will cater for the welfare of the family of slain soldier, Major Maxwell Adams Mahama. The Major Mahama Trust Fund Bill, 2017 was introduced in Parliament Tuesday, after Cabinet sanctioned it. The soldier was murdered in May after residents...
An issue under current discussion is whether Ghana should add the ESLA-backed Energy Bond it is about to issue to public debt, instead of remaining on VRA’s Balance Sheet—as assigned to a special purpose vehicle (SPV) called ESLA Plc. ESLA means Energy Sector Levy Act, 2015 (Act 899). Ghana has...
Mr. Benjamin Boakye, Executive Director of African Centre for Energy policy (ACEP), has said more than 700, Ghanaian businesses have in the past 10 years registered with the Petroleum Commission. Mr Boakye said this during the 6th public session of Citizens Advisory Council in Takoradi. The session was organised by Western...
A ministerial coordinating committee mandated to enforce and ensure strict adherence to the new regulatory measures for the operations of the Liquefied Petroleum Gas industry in the country has been setup by government. The Ministerial Committee comprises Minister for Energy, Boakye Agyarko, as Chairman; Minister for Environment, Science, Technology and...