Vice President Dr. Mahamudu Bawumia has reiterated government’s commitment to the implementation of its industrial agenda with the view to transforming the Ghanaian economy. As a way of achieving this objective, government will continue to offer incentives to local industries as those offered to foreign companies who wish to establish shops in Ghana. Dr. Bawumia […]
Category: Business
High energy demand: Minister blames economic growth
Energy Minister, John Peter Amewu has attributed the high demand for energy in the country to the growth of the economy. Speaking today September 18, at the opening of the Environment and Natural Resource Research Unit meeting in Accra at the instance of the Economics Department of the University of Ghana, Mr. Amewu said plans […]
Cedi depreciation: Concerned spare parts dealers to demonstrate on Friday
As a way of registering their frustration against the free fall of the local currency, the cedi, some traders have vowed to hit the streets on Friday in a demonstration against government. The traders argue that the fall of the cedi is negatively impacting their businesses and they risk collapse if the situation is not […]
Fibre Optics inventor Dr. Thomas Mensah pushes for training of 300 thousand software developers in Ghana
Ghanaian-American chemical engineer and inventor, Dr. Thomas Mensah is pushing for the training of some 300 thousand Ghanaian youth in software development in order to maximise the potential of the Information and Communications Technology (ICT) sector in the country. This will make Ghana the leader in artificial intelligence on the African continent. Dr. Mensah who […]
Small scale & Illegal mining: 900 small scale mining licenses missing
The inter-ministerial committee on small scale mining has disclosed the disappearance of some 900 small scale mining licenses. Secretary to the Committee, Charles Bissue says the total number small scale mining licenses in the books totals 1,350, adding that the committee that is currently vetting the small scale mining licenses have been able to access […]
BOST brouhaha: Head of Legal services demand apology from Ghana Whatsup News
The General Counsel and Head of legal services at the Bulk Oil Storage and Transportation Company (BOST) has asked for an apology and a retraction of a story carried by Ghana Whatsup news yesterday, Sunday September 16 2018. The said publication alleged that Mrs. Harriet Amoah had engaged in some fisticuffs with the Managing Director […]
Former Finance Minister, Seth Terkper appointed part time lecturer at University of Ghana Business School
Ghana’s former Finance Minister, Seth Terkper has been appointed a part time lecturer at the University of Ghana Business School (UGBS). He took to twitter to announce the appointment, saying he looked forward to exciting interactions with students during his public policy lectures. According to him, he did same in 2017 when he was appointed […]
S & P Rating: Ghana to attract renewed investor Confidence-Dr. Gideon Boako
Spokesperson to the Vice President, Dr. Mahamudu Bawumia, Dr. Gideon Boako has indicated that the recent upgrade of Ghana’s credit rating from B- to B, by international rating agency, Standard & Poor’s will shore up investor confidence in the country. According to him, the cardinal signal that investors look out for, before investing in a […]
GIPC opens nominations for 17th Ghana Club 100 Awards
The Investment Promotion Center (GIPC) has opened nominations for the 17th edition of the Ghana Club 100 (GC 100) Awards. This year’s event is scheduled for the 28th of November, under the theme: Technology, Innovation and Entrepreneurship: Opportunities for growth and job creation. The criteria for eligibility include the fact that all entrants must be […]
7.5 million dollar saga: GNPC to submit response on query to PIAC today
The Ghana National Petroleum Corporation, (GNPC) is expected to submitted a response on inconsistencies contained in reports it earlier submitted to the Public Interest and Accountability Committee (PIAC) on how it utilised the controversial 7.5 million dollars today. PIAC gave the Corporation up to today to respond to queries raised on the inconsistencies on how […]
Cedi depreciation: NPP, NDC in foolish and useless argument-Kwesi Pratt
Managing Editor of Insight News paper Kwesi Pratt Junior has asked politicians to stop politicizing issues surrounding the continuous free fall of local currency, the cedi against major trading currencies on the world market. In the view of the veteran journalist, communicators of both the ruling New Patriotic Party(NPP) and the opposition National Democratic Congress […]
Revealed: Asamoah Gyan invested 1.5 million cedis in Menzgold and earned 150 thousand every month
It has emerged that captain of the Senior National Team the Black Stars, Asamoah Gyan invested a whopping 1.5 million Ghana Cedis in Menzgold, earning 10 percent on that mount every month. Asembi.com published a story in which it alleged that the Black stars captain has been investing the amount with the company for some […]