The overlord of the Dagbon Traditional Area, Yaa Naa Abukari Mahama II is calling on government to ensure that oil revenues accruing to the country benefits all the communities in which the resource is found. In his estimation, this will help aid in the rapid development of communities in which the resource and found and […]
Category: Business
Gov’t to retool ADB and NIB to focus on providing funds for medium- and long-term investments-Akufo Addo
President Nana Addo Dankwa Akufo-Addo says government is putting in place new arrangements that will ensure that Agricultural Development Bank (ADB) and National Investment Bank focus on their core mandate of providing funds for medium- and long-term investments for industrial development. According to president Akufo-Addo, government is not relenting on its plan of boosting industrial […]
1D1F: President Akufo-Addo commissions ceramics tile factory in kpone
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Wednesday, 27th February, 2018, commissioned the Fujian Sentuo Ceramics Company, a ceramic tile manufacturing company operating under the 1-District-1-Factory initiative, located in Kpone, in the Greater Accra Region. With the company employing some 1,500 employees, and souring 90% of its raw materials from Ghana, mainly […]
First Ghanaian drone company STK Aeroshutter receives commercial certificate to operate
STK Aeroshutter, a Ghanaian drone operating company, has received a commercial Remotely Piloted Aircraft System Operating Certificate (ROC) in Ghana, making it the first Ghanaian company to do so. With the support and guidance from the Ghana Civil Aviation Authority, Aeroshutter initiated the process of applying for ROC in 2018, which also involved the licensing […]
Kumasi Central Market, Int. Airport and KATH to benefit from increased investments from UK – Minister for Africa
The United Kingdom’s (UK) Minister of State for Africa, Harriet Baldwin has affirmed the UK government’s commitment to increase her investment in Ghana and ensure greater economic harmonization between the two countries. Recounting the economic gains and significant strides aimed at formalizing and improving the Ghanaian economy in the last few years, Harriet Baldwin, together […]
$1bn for new rail network- first phase of Kumasi to Paga section to get $500m
Government says it is committing an extra $1 billion to the development of the new railway network in the country. An amount of $500 million will be applied to the development of the Western rail line. The remaining $500 million will be applied to the first phase of the Kumasi to Paga section of the […]
Gov’t and London Stock Exchange collaborates to make Ghana financial services hub in Africa
The London Stock Exchange (LSE) has agreed to co-operate with Ghana to build partnerships, deepen and tighten harmonisation, as well as help develop some of the capital markets infrastructure that can sustain and deepen the financial markets in Ghana. The co-operation agreement was reached when a Ghanaian delegation, led by the Vice-President of the Republic, […]
UK-Ghana Business Council Meeting underway in London
The United Kingdom-Ghana Business Council Meeting, underway in London from February 25 to 27, is part of efforts to accelerate the ‘Ghana beyond Aid’ agenda through a common purpose. A statement issued by the British High Commission in Accra said the UK Government welcomes Vice-President Dr. Mahamudu Bawumia. The Vice-President’s entourage includes several Cabinet Ministers, […]
NCA chop chop: former NCA boss told bank to keep transaction secret – Police officer
A police officer has told an Accra High Court hearing the National Communication Authority’s (NCA) $4 million case of how William Tevie, former boss of the commission, wrote a letter to Ecobank to keep the transaction on the cybersecurity equipment confidential. Detective Chief Inspector Michael Nkrumah, the case investigator, said he also came across a […]
GNPC begins exploration for oil in commercial quantities in Northern, Savanna and North East Regions
The Ghana National Petroleum Corporation (GNPC) is optimistic of finding oil in commercial quantities in the Northern, Savanna and North East Regions. The Chief Executive Officer of GNPC, Dr. KK Sarpong who made the announcement during a meeting with the Mayor of Tamale, Iddrisu Musah Superior during a visit to the latter’s office in Tamale […]
Tano South 1D1F project 95 percent complete
President Akufo-Addo’s vision to industrialise Ghana’s economy along with his ultimate agenda to provide jobs for the teeming masses has been given a boost as one of the 1D1F projects nears completion. Premium Foods Company Limited which is into food processing has constructed a cassava processing factory at Tuagyankrom, near Derma in the Tano South […]
GFZA boss Michael Okyere Baafi attends Business Show -South Africa 2019 as guest speaker
Mr. Michael Okyere Baafi , the Executive Secretary for Ghana Free Zones Authority and a steering committee member of Africa Free Zones Organisation is currently participating in the 11th edition of the Business Show from 21st-24th February , 2019, at the Gallagher Convention Centre , Johannesburg , South Africa. Mr. Michael Okyere Baafi was officially […]