The new National Mortgage and Housing scheme, piloted successfully by the government over the past two years is effectively reducing the applicable interest rates on mortgages in Ghana by over two-thirds. The new scheme is offering mortgages at about 10 percent per annum. Down from the market offered rate of about 28 percent on average. […]
Category: Business
Government bans importation of day old chicks, poultry products over bird flu scare
Ministry of Food and Agriculture has banned the importation of poultry products from the Netherlands, Germany, Russia, Denmark, and United Kingdom. The ban is a move to prevent the entry of the Highly Pathogenic Avian Influenza subtype H5N8 in Ghana, which is currently on the outbreak in those countries. In a statement signed by the […]
Former GNCCI Boss calls for business-friendly credit facilities that will improve doing business
The immediate past President of the Ghana National Chamber of Commerce and Industry, (GNCCI), Nana Dr. Appiagyei Dankawoso 1, has bemoaned the cost of doing business in Ghana which has made it difficult for start-up businesses to survive. Speaking on Eye on Port on Understanding Ghana’s Industrial and Commercial Space, Nana Dr. Appiagyei Dankawoso 1 […]
We’ll continue to support development of Maths and Science-GOIL Boss assures NSMQ winners
Ghana’s market leader in the oil marketing sector, GOIL Company Limited has assured of its continuous support towards the development of Maths and Science to ensure Ghanaian youth are imbued with the requisite tools to lead the charge of technological advancement in the country. Managing Director and Group CEO of GOIL, Kwame Osei Prempeh gave […]
“Ghanaian enterprises should be frontline actors in AfCFTA” – President Akufo-Addo
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has reiterated Government’s commitment to assisting Ghanaian enterprises to take advantage of the coming into force of the African Continental Free Trade Area (AfCFTA). Speaking at the 2nd National Conference on the African Continental Free Trade Area, held on Tuesday, 20th October 2020, at the Accra […]
Akufo-Addo opens second AfCFTA Conference today
President Nana Addo Addo Dankwa Akufo-Addo will, today, October 20, open the second edition of the national conference on the implementation of the African Continental Free Trade Area (AfCFTA) Agreement in Accra. The two-day conference is on the theme: “Empowering Ghanaian Businesses to Harness the Benefits of the African Continental Free Trade Agreement under the […]
KGL Receives Most Outstanding Customer Award
KGL Group has been presented “The Most Outstanding Customer Award” by the Management of Stanbic Bank Limited. The Award was presented to Mr. Alex Dadey of KGL by Nana Dwomoh Benneh, a Management member of the Bank when a delegation from Stanbic Bank Limited paid a courtesy call on the KGL Group at the Company’s […]
COCOBOD signs US$1.3bn syndicated loan to finance 2020/2021 cocoa purchase
For the first time in 28 years, the Ghana Cocoa Board (COCOBOD) has signed a US$1.3 billion syndicated loan through a virtual platform with lenders and lead arrangers abroad. The meeting which was organized via a video conferencing due to the COVID-19 pandemic saw 28 banks participate in this year’s syndication. The funds, which will […]
1D1F: President Akufo-Addo commissions Kasapreko water, juice and soft drinks factory
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Monday, 28th September 2020, commissioned the Kasapreko Water, Juice and Soft Drinks Factory, a company operating under Government’s 1-District-1-Factory initiative. At a ceremony at the premises of the company at Kwadaso, in the Ashanti Region, President Akufo-Addo noted that the establishment of the factory is […]
“Gov’t replanting all swollen shoot affected Cocoa farms; compensation paid to farmers” – President Akufo-Addo
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says Government is resolved to replanting all swollen-shoot affected farms in all the regions of cocoa cultivation, and, thereby, help improve the yield per hectare for all cocoa farmers. Speaking at the launch of Government’s Cocoa Rehabilitation Programme on Thursday, 24th September 2020, at Sefwi Wiawso, […]
KGL, NLA and Association of Lotto Marketing Companies rolls out welfare Fund
The Board of KGL Technology Limited, in consultation with the leadership of both the National Lottery Authority (NLA) and Association of Lotto Marketing Companies (ALMC), will set up a Welfare Fund aimed at availing funds to be accessed solely by all officially licensed Lotto Marketing Companies under the National Lottery Authority (NLA). The fund seeks […]
President Akufo-Addo inspects $16 Million 1D1F Tomato Processing Factory in Berekum
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Thursday, 10th September 2020, inspected ongoing work on the construction of the $16 million Weddi Africa tomato processing factory located in Domfete, in Berekum, Bono East Region. The factory, a project operating under Government’s 1-District-1-Factory initiative, is a wholly-owned Ghanaian company, which will have an […]