Government will continue to pursue renewable energy-based mini grid electrification to provide 24-hour electricity supply for productive use in islands and remote communities in the country, while promoting the nation-wide adoption of renewable energy sources. This was the assurance given by the vice president, Dr. Mahamudu Bawumia when he delivered the Keynote Address at the […]
Category: Business
GACL holds 6th AGM: urged to harness potential of aviation industry to support government’s job creation efforts
The Ghana Airports Company Limited today 9th October 2018, held the 6th in the series of Annual General Meetings with a call on the company to help harness the potential of the aviation sector to support government’s job creation initiative. Aviation Minister, Joseph Kofi Addah who threw the challenge, also entreated the company to work […]
Multiple reporting channels: Government moves to strengthen State Enterprises Commission, presents Bill to make it an Authority
Government will in the next couple of weeks submit to parliament, a Bill to strengthen the State Enterprises Commission (SEC) and to properly define its role and the role of state owned enterprises. Executive Chairman of the SEC, Stephen Asamoah Boateng speaking during the 6th Annual General Meeting of the Ghana Airports Company Limited (GACL) […]
Power sector: Ghana now a net exporter of electricity– President Akufo-Addo
The President, Nana Addo Dankwa Akufo-Addo, says his government, over the last 21 months, has ensured stability and adequate supply of power in the country, a shift from the erratic power situation that it inherited. Speaking at the Financial Times Africa Summit in London on Monday, 8th October, 2018, President Akufo-Addo indicated that his government, […]
UE/R: President Akufo-Addo inaugurates 225kv Bolgatanga-Ouagadougou power interconnection project
The President, Nana Addo Dankwa Akufo-Addo, has inaugurated the 225 kilovolts Bolgatanga to Ouagadougou Power Interconnection Project, which will see up to 100 megawatts of power supplied directly to Burkina Faso from Ghana. At the inauguration ceremony on Friday, 5th October, 2018, in Ouagadougou, Burkina Faso, President Akufo-Addo stated that the successful completion of this […]
Legalisation and cultivation of marijuana in Ghana: Shortage of legal ganja hits Canada
The supply of legal pot in Canada will only meet 30 percent to 60 percent of demand after legalization, keeping the black market very much alive and stunting the government’s tax take, according to a new study. Cannabis supply will reach about 210 tonnes, or 210,000 kilograms, in the first year after Canada legalizes marijuana […]
Kantanka Cars: Ghanaian leads the way, purchases Amoanimaa brand for Uber services
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 […]
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. […]












