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...
As the country moves to firm-up its development and utilisation of renewable energy potential, the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCo) have been given December as the deadline to submit business models for the integration of distributed renewable energy generation.
Vice President Dr. Mahamudu...
General stability in food prices has marginally cut the Consumer Price Index for September by a 0.1 percentage point from the 12.3 percent recorded in August, the Ghana Statistical Service (GSS) has said.
“In August, about four sub-groups in the food basket recorded rates higher than the group’s rate. But...
Indigenous banks are in a race against time to increase their total paid-up capital to GHS 400 million before the December 31, 2018 deadline set by the central bank of Ghana.
An analysis of the July 2017 paid-up capital, income surplus, and capital shortfall of banks reveals that decade-old major...
The country’s fishing industry is currently on life-support, as figures by the Ghana Statistical Service (GSS) show that it is the only sub-sector of the agriculture sector that is currently experiencing contracting growth.
Quarter two GDP figures show that fishing sector growth has plummeted from 3.6 percent in the first...
The National Petroleum Authority has been mandated to hire 200 auditors to ensure that safety standards are fully complied with at all gas stations in the country.
The auditors will move from station to station to ensure that safety equipment such as CO2, foam and others are all in place.
The...
The Dubai International Chamber of Commerce, Ghana Office, is in an association of business operators with interests spanning all sectors of private enterprise, and is organising a 7-day investment promotion mission to Dubai.
The objective of the trade mission is to directly attract foreign investments, and also provide new opportunities...