Newmont Ghana has been adjudged the best company of the year at the just ended Ghana Club 100 awards organised by the Ghana Investment Promotion Center (GIPC).
The 16th edition of the annual awards was celebrated under the patronage of the president of the Republic of Ghana, Nana Addo Danquah...
The Ghana National Chamber of Commerce and Industry (GNCC), has welcomed governments quest to review downwards electricity tariffs by 13% in 2018 but has called for the review to be done without incurring additional costs.
According to the Chamber, though energy remains critical to business operations, its was important that...
It is here again—Farmers day. A day designated as a national holiday to supposedly honour the country’s hard-working farmers for their invaluable contribution to the economy. This day has been observed since 1988 on every first Friday of December.
This day is supposed to make the ordinary farmer feel proud...
The Council of the Chamber of Petroleum Consumers (COPEC) says the country’s premix arrangement needs a complete review and a complete overhauling.
According to the Council, the current system in practice is simply prone to such corrupt diversions and retrading.
It argues that premix fuel has become a lucrative business for...
Government’s drive to digitise the economy will be effectively complemented by the various payment initiatives the Ghana Interbank Payment and Settlement Systems (GhIPSS) has rolled out. This will ensure that the country derives the full benefit of a digital economy.
GhIPSS, since 2007 has been deploying a number of electronic...
There is the need to balance the debate around whether the country should rely more on local investment or foreign direct investment, especially as indigenous companies do not have the requisite financial muscle to drive socio-economic growth, CEO of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, has stated.
“We...
The future of banks that are majority owned by domestic private interest in Ghana can be challenged in the not distant future due to the strict application of the Basel II and III standards.
Research on local ownership of banks as against foreign ownership across Africa showed Cote D’Ivoire, Nigeria...
Dr Ernest Kwamina Yedu Addison, the Governor of the Bank of Ghana (BoG), has bemoaned the low credit facility extended to small and medium-scale enterprises (SMEs) and the agricultural sector by banks and urged financial institutions to develop innovative products for the two sectors.
He said as at September this...
The Value Added Tax Amendment bill that will see the removal of taxes on lottery earnings has been laid before Parliament by the Deputy Finance Minister, Kweku Kwarteng.
Government hitherto collected 5% tax imposed on all lotto winnings exceeding GH₵2,592, following a re-classification of lotto as an investment activity under the...
Odebrecht Engineering and Construction International has awarded four outstanding Civil Engineering students of the Kwame Nkrumah University of Science and Technology (KNUST) in their first, second, third and final years. The Odebrecht Ghana Engineering Awards was instituted at the College of Engineering in 2014 by the company.
The Odebrecht Engineering...