... records 498.53% growth in profit
The Bosomtwe Rural Bank Limited at Kuntanase in the Bosomtwe district of Ashanti Region has recorded a very remarkable operational performance for the 2021 year under review.
The bank recorded profit before tax of a little over GH¢2million in 2021 as against GH¢349,692 in the...
Barely three months after performing free reconstructive surgeries in Yaounde, Cameroon, Restoring Emotional Stability Through Outstanding Reconstructive Efforts (R.E.S.T.O.R.E.) Worldwide Inc., the Foundation for Reconstructive Surgery, led by world-renowned plastic surgeon Dr. Michael K. Obeng, is currently in the Volta Regional Capital of Ghana, Ho, on a humanitarian mission.
The...
The decision by the Bank of Ghana to raise its Monetary Policy Rate (MPR) by a further 250 basis points (bps) is all but certain to weaken domestic growth performance beyond the second half of the year.
This is the view of an Economist and Research Lead at GCB Capital...
The Ghana Revenue Authority (GRA) is in pursuit of some eight international oil companies (IOCs) to recover outstanding Surface Rentals payments owed the country, which for the 2022 half-year alone total US$2.7million.
This is out of an estimated US$3.4million Surface Rentals payment expected to have been received in the period...
About 70 percent of poultry farms in the country are on the verge of collapsing as poultry feed increases astronomically, president of the Ghana National Association of Poultry Farmers (GNAPF), Victor Oppong Adjei, has said.
Two years ago wheat bran used to sell at GH₵15 for a 25kg bag, but...
President Nana Addo Akufo-Addo was on Monday presented with an honorary Doctorate degree from the University of Sorbonne in Paris, France - one of the most prestigious universities in Europe and the world.
Sorbonne University conferred the award on President Akufo-Addo in recognition of his commitment to entrenching the values...
All branches of the Palace and China Malls in Accra have shut down operations after they got a hint that the Ghana Revenue Authority (GRA) was on the way to close down their businesses for flouting the electronic VAT directive.
A media team led by officials of the GRA which...
For a fourth consecutive time business confidence, as measured by the central bank’s latest confidence survey, has declined on the back of concerns about price pressures, currency depreciation and weakening consumer demand.
This largely signals a negative outlook on the growth prospects of businesses on the back of existing economic...
Deputy Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, says the Ghanaian Small and Medium Enterprises (SMEs) sector is the solution to the economy’s sustainability.
With over 90 percent of businesses in the country being SMEs and contributing, collectively, at least 70 percent of the GDP, Ms. Amoah...
In order to advance and strengthen cooperation between the two nations in the oil and gas industry, the Ghana National Petroleum Corporation (GNPC-Ghana) and the Gambia National Petroleum Corporation (GNPC-Gambia) have renewed their Memorandum of Understanding (MOU), which was initially signed in 2019.
The new MoU extends cooperation between the...