After lots of entreaty by the public for Kantanka Automobile Company to manufacture and produce vehicles in which individuals can use for Uber Services in the country, it was quite interesting to find out that people have already started using the Ghana made vehicles built by the Ghanaian company for such services as requested by […]
Category: Business
Africa’s rising debt: Japan unable to assist continent anymore
The rising debt of African governments, including Ghana, is preventing the Japanese government to give financial assistance to the African private sector, the Director of African Affairs Development at the Ministry of Foreign Affairs of Japan, Mr Shigeru Ushio has said. According to him, although the Japanese government had the intention to support African private […]
Just in: NABCO fabric outdoored, ATL contracted to produce for 100 thousand NABCO beneficiaries
Akosombo Textiles Limited (ATL) has been contracted by government to produce the fabric to be worn by the 100 thousand beneficiaries of the Nation Builder’s Corps (NABco) across the country. Government’s choice of Akosimbo Textile Limited to produce the fabric locally is one of the measures aimed at strengthening local industries and creating jobs. Each […]
Banking sector clean-up: Profits of Banks to increase-Moody’s
Banks in Ghana will probably report higher earnings in 2019 after the country’s regulator embarked on a cleanup of the industry and economic growth accelerates, according to Moody’s Investors Service. Ghana’s central bank is seeking to bolster lenders by revoking the licenses of poorly governed companies and implementing stricter guidelines on capital buffers. Banks have […]
Just in: Reconstituted board of Ghana Cylinder Manufacturing Company sworn into office
The reconstituted Board of the Ghana Cylinder Manufacturing Company under the chairmanship of Alhaji Abdul Rahaman Abubakri , also known as Alhaji Short was sworn into office today with a call on them to endeavor to align the operations of the company with the vision of the President, Nana Addo Dankwa Akufo-Addo for the energy […]
Fan milk Vendors demonstrate over poor service conditions, vow not to return to work until their concerns are addressed
Fan milk vendors in the Greater Accra Region today took to some principal streets in Accra to register their displeasure at the poor conditions under which they work. They are particularly unhappy about the decision by management of the company to slash the commission they earn on each product from 20 pesewas to 17 pesewas. […]
W/R: 2018 Ghana extractive industry safety conference held in Takoradi
The 2018 Ghana Extractive Industry Safety Conference has been held in Takoradi to discuss dangerous goods, Global Standards and existing practices. The annual conference provides the platform for addressing policy regulation and compliance issues that leads to institutional reforms at both public and private sector levels on occupational health and safety (OHS) Standards. This year, […]
George Quaye ‘dumps’ Menzgold for image bureau?
Snippets of information available to BestNewsGH.com indicate that recently appointed communications Director of Menzgold Ghana, George Quaye may have left the company for Image Bureau. If the information is true, it means Mr. Quaye, a former spokesperson for Charterhouse, former organizers of the Miss Ghana event stayed with the gold trading firm for just a […]
Communications Ministry completes work on Government’s Technology Innovation Hub at the Accra Digital Centre.
The Ministry of Communications has completed work on Government’s Technology Innovation Hub at the Accra Digital Centre. This establishment of the centre is aimed at helping to nurture start-ups in the technology sector in the country’s Ecosystem to produce Technology giants for the Nation in future. The Hub is being managed by an MDF West […]
Banking sector rationalization: deposits of 1 million Ghanaians saved-President Akufo-Addo
The President Nana Addo Dankwa Akufo-Addo, has revealed that the rationalisation of the banking sector, undertaken by his Government, has ensured that deposits of one million, one hundred and forty-seven thousand, three hundred and sixty-six (1,147,366) Ghanaians were saved. Speaking at the inauguration ceremony of the new Standard Chartered Head Office on Wednesday, 3rd October, […]
Cocoa: Ghana’s cocoa farmers earn GH₵1,000 more than their Ivorian counterparts
Cocoa farmers in Ghana will earn GH₵1,000 more than their counterparts in La Cote d’Ivoire for the producer price of the commodity in the 2018/2019 crop season which opened on October 1, 2018. This is in spite of Cote d’Ivoire, the world’s top cocoa producer, increasing guaranteed price it pays farmers by seven per cent– […]
230m dollars lost to cyber criminals-Financial institutions are the major targets
Ghana lost a whopping 229.9 million dollars to recorded cybercrime cases between 2016 and August this year. According to the police, about 60% of the cases reported were fraud related. $35.7 m lost in 2016 Figures available at the Cybercrime Unit of the Criminal Investigation Department (CID) of the Ghana Police Service reveal that $35.7 […]