Companies listed on the London Stock Exchange control over $1trillion worth of Africa’s resources in just five commodities – oil, gold, diamonds, coal and platinum. My research for the NGO, War on Want, which has just been published, reveals that 101 companies, most of them British, control $305billion worth of platinum, $276billion worth of oil […]
Category: Business
GRA to increase tax compliance level of professionals in 2019, lawyers, Doctors, Architects, Surveyors accountants etal targeted
As part of measures to boost domestic revenue mobilization and to meet its 2019 revenue target of 45 billion Ghana Cedis, the Ghana Revenue Authority has put in place measures calculated at helping them to achieve this ambition. To this end, the Authority says it intends to increase the compliance level of professionals in the […]
GRA tasked to collect 45 billion cedis for 2019, figure to be revised upward to help push Ghana Beyond Aid agenda
Government has given the Ghana Revenue Authority a revenue target of 45 billion Ghana Cedis to be collected in 2019. The figure according to the Commissioner-General of the GRA, Emmanuel Kofi Nti will be revised upwards to help government realize its objective of a Ghana Beyond Aid, adding that discussions aimed at revising the figure […]
Railway sector can transform economy-From middle-income to First World status-Joe Ghartey
By John Elliot HAGAN, Accra Minister for Railways Development, Joe Ghartey is optimistic that a well-established railway sector can transform Ghana’s economy from middle-income to First World status. He recounted the parallels between the success of pre-independence Ghana and the railway sector of the time to buttress his point. “I am convinced beyond reasonable doubt […]
Zylofon Fm and TV suspend operations following EOCO/High Court asset Freeze order
The Management of Zylofon Media, operators of Zylofon Fm and TV have served notice the stations will suspend operations from today, Wednesday January 30, 2019. The move according to a statement issued by the company is in compliance with the directive by the Economic and Organised Office and an Accra High Court ordering the free […]
Komenda Sugar Factory gets life line as Hi Limit Group injects 78 Million Dollars to revive it
The Hi limit Group, developers of government’s one village one dam programme has signed a purchase agreement to revive the defunct Komenda sugar factory. Under the agreement, The Hi Limit Group will produce 375,000 metric tonnes of sugar cane annually to feed the sugar factory. The agreement signed under the auspices of the Ministry of […]
Confirmed: Tema-Accra rail service starts today
The much awaited passenger rail services for commuters along the Tema-Accra line will take off today. Minister of Railways Development – Joe Ghartey and officials of Ghana Railway Company Limited will this morning take the inaugural service from Accra Central Station at 7:45am to Tema and back. The service was scheduled to take off on […]
Confirmed: Renault set to establish an assembly plant in Ghana this year
French multinational automobile manufacturer, Renault, is considering the establishment of an automobile assembly plant in Ghana, following in the footsteps of Volkswagen, Nissan and Sinotruk who will, this year, establish assembly plants in Ghana. Vice President and Chairman of the Africa-Middle-East-India (AMI) Region at Renault, Fabrice Cambolive, made this known on Monday, 28th January, 2019, […]
MT Africa Gas, MT Sahara Gas boost LPG supply by 437,170 MT in two years
Two years ago in Ulsan, South Korea, a special event that would positively impact accessibility to clean energy in Africa and beyond elicited excited cheers from leading stakeholders, environmentalists and energy experts. It signaled a new dawn and a huge boost for the cause of sustainable supply of Liquefied Petroleum Gas (LPG), especially in West […]
Ghana, Mozambique deepen bilateral relations
The current global economic outlook calls for robust trade links between Ghana and its sister African countries for sustained mutual benefits, Eric Odoi-Anim, Ghana’s Ambassador to Mozambique, has said. “There is the need for closer economic cooperation, including the expansion of trade links between African countries for mutual benefits,” he said when he presented his […]
9th Ghana Entrepreneur and Corporate Executive Awards nominations open
The Entrepreneurs Foundation of Ghana (EFG) has opened nominations for the 9th edition of its flagship Ghana Entrepreneur and Corporate Executive Awards 2019. The deadline for the entries to be nominated for the Ghana most prestigious awards for entrepreneurs & corporate executives is 22nd February, 2019. The Ghana Entrepreneurs & Corporate Executives Awards is an […]
LAVA smartphones hit Ghanaian market
Indian mobile phones manufacturer, Lava Technologies, has unveiled its variety of quality and affordable mobile phones onto the local telecoms market. LAVA mobile phones that have been introduced to the market are the Champion Series: C1, A1, N1 and the Z series smartphones: Z81 2GB, Z81 3GB and the Iris 51. The company is banking […]