By Elvis DARKO, Accra Managing Director of Cocoa Processing Company (CPC), Nana Agyenim Boateng I says Ghana stands to gain massive revenue from the downstream processing of cocoa beans into chocolate products to actualise the President’s ‘Ghana beyond Aid’ agenda. He, therefore, called for massive investment into the expansion of the processing capacity in the […]
Category: Business
Indian phone giant LAVA set to enter Ghanaian market
The Ghanaian telecoms market is set to see some fierce competition as Lava International Limited, a multinational mobile phone manufacturer headquartered in India, plans to launch in the country. LAVA intends to invade the Ghanaians market with its latest devices that carry advanced capabilities to compete with prominent international brands with affordable prices to the […]
Mineworkers Union applauds gov’t on TIN, Tax Stamp et al
The Ghana Mineworkers Union (GMWU) has lauded government for the rigorous enforcement of the Tax Identification Number (TIN), National ID Card, and the implementation of the tax stamp all of which are geared toward expanding the tax net. General Secretary of the Mineworkers Union (GMWU), Prince William Ankrah, speaking at the union’s National Executives Council […]
ADRA pumps GH¢925,000 into warehousing projects
The Adventist Development and Relief Agency (ADRA) has injected US$201,215 (GH¢925,589) into the construction of ten 100mt capacity warehouses, as well as the rehabilitation of a 1000mt capacity warehouse and construction of 11 fenced drying-platforms to relieve the plight of smallholder farmers in the country. The Crop Aggregation Centres (CAC) for smallholder farmers in the […]
Fiscal responsibility law will safeguard economic gains and make politicians responsible-Bawumia
Government will soon pass a law to prevent politicians from sacrificing prudent economic management on the altar of political expediency, the Vice President of the Republic, Dr Mahamudu Bawumia has indicated. Speaking at the opening ceremony of “The Future of Work in Sub-Saharan Africa” Conference, organised by the International Monetary Fund (IMF) in Accra on […]
Borrowing can’t sustain economy, enhance domestic tax mobilisation – IMF MD to African countries
The Managing Director of the International Monetary Fund (IMF), Madam Christine Madeiline Lagarde, says African countries would not sustain their economies by borrowing. She admonished sub-Saharan African countries to enhance their domestic tax mobilisation to sustain their economies and help them to remain sovereign. Borrowing for investment risky She warned that relying on borrowing for […]
Bawumia speaks at IMF’s Future of Work Conference, amplifies drive to leverage technology to formalize economy
The Vice President, Dr. Mahamudu Bawumia has reiterated government’s commitment at leveraging technology to formalize the Ghanaian economy. The move according to him will also ensure greater technological integration in everyday life and geared towards positioning the country to take advantage of the 4th industrial revolution. The Vice President was speaking at the Future of […]
IMF boss touts Zipline’s use of drones for medical supplies in Rwanda, says it is a necessity for Sub-Saharan Africa
The Managing Director of the International Monetary Fund (IMF), Mrs Christine Lagarde, has lauded the Rwandan Government’s decision to employ the use of drone technology to supply blood and other essential medical supplies to her citizens. According to Mrs Lagarde, the use of drones and other technological innovations are essential if sub-Saharan African countries are […]
Ghana receives ‘Christmas present’ in another compact programme from Millennium Challenge Corporation
The Acting Vice President of the Millennium Challenge Corporation (MCC), Ms Kyeh Kim, has announced that Ghana has been selected as one of the countries in West Africa to be beneficiaries of another Compact programme from the MCC. The Regional Compact Programme, Ms. Kim said, will be used for the construction of large-scale, cross-border infrastructural […]
With Mobile Money Interoperability, everyone on ‘Momo’ has a Bank Account-VP Bawumia
The completion of the Financial Inclusion Triangle means that practically, anyone with a mobile phone has access to banking services without necessarily walking into a bank to open an account, Vice President Mahamudu Bawumia has posited. This financial inclusion triangle, which allows the movement of money between mobile money wallets, bank accounts and ezwich accounts, […]
IMF Managing Director Christine Lagarde arrives in Ghana for 2 day visit
The Managing Director of the International Monetary Fund (IMF) Christine Lagarde arrived in the country yesterday, Sunday December 2018, for a 2 day official visit. This is the first time the IMF boss is visiting the country. During the 2 day visit, she is scheduled to meet and hold discussions with the President of the […]
Our bosses are thieves, they have acquired wealth fraudulently, investigate them-Menzgold staff begs EOCO
Workers of gold trading firm Menzgold are calling on the Economic and Organised Crime Office (EOCO) to investigate their bosses whom they accuse of fraudulently acquiring wealth. According to them, some of the top level management members of the company are partly to blame for the current crisis that has bedeviled the company as they […]










