The 2nd Ghana Investment and Opportunities Summit 2020 which took place in the United Kingdom, (UK) has been described by the Ghana Investment Promotion Centre (GIPC) as hugely successful. BestNewsGH.com is informed the Summit on theme: Accessing the African Common Market through Ghana: Technology, Digitalization and Industrialization, centred around the African Continental Free Trade Area (AfcFTA). […]
Category: Business
Moody’s backs gov’t to break election year overspending cycle
Credit ratings agency, Moody’s is backing the government to halt the fiscal slippages that have characterised every election year since 2004. The ratings agency, in a press release issued over the weekend, revised the country’s outlook from stable to positive while affirming its long-held B3 rating. The announcement means the ratings agency is optimistic about […]
Commercial Passenger service for Takoradi-Tarkwa railway line begins February 5, 2020
The Ghana Railway Company Limited has announced the commencement of commercial passenger service on the Takoradi-Tarkwa railway line route from February 5, 2020. BestNewsGH.com can confirm that, in the meantime, the company has decided to offer free passenger service on the route on January 28, 30 and 31 to passengers. The decision to commence the […]
Ghana’s economy at all-time best in a decade – Moodys Ratings
International credit rating agency, Moodys has reaffirmed Ghana’s credit rating at B3 with an upgraded outlook to positive from stable. This credit rating position is the best Ghana has received from Moody’s in the last decade. A statement issued by Moody on Friday, 24th January 2020 stated that “Moody’s investors Service (Moody’s) has today reaffirmed […]
MTN 2020 blood donation exercise gathers momentum
MTN Ghana is gearing up for its annual blood donation exercise which main objective is to rally the generality of the Ghanaian people to donate blood to stock the various blood banks across the country. BestNewsGH.com reports Corporate Services Advisor for Southern Ghana, Mr. Kennedy Ofosuhene as indicating during a motivation session for the company’s […]
GSA begs for help to trace importers and producers of substandard electrical products
The Ghana Standards Authority (GSA) has charged retailers of electrical products to provide relevant information about importers and manufacturers of substandard products, to help rid the system of harmful electrical goods. During the last mass testing of electrical cables, involving over 200 different samples, the GSA found that over 90% were unsafe for use. In […]
MTN Ghana announces 2GB goodwill package for customers after data wahala
MTN Ghana has announced a goodwill bonus package for all of its customers following the recent challenges the company faced with regards to its data services. BestNewsGH.com has sighted a statement announcing the package in which MTN Ghana Chief Executive Officer, Selorm Adadevoh said ‘’all data customers on MTN Ghana’s network will receive free 2GB […]
”British participation in Ghana, Africa’s development is welcome”-Prez Akufo-Addo
Ghana and the United Kingdom have resolved to deepen the bilateral relations that exist between the two countries, as well as explore areas of interest which will inure to the mutual benefit of the two countries and their respective populations. This was disclosed on Monday, 20th January, 2020, when the President of the Republic, Nana […]
YEA, NEIP sign collaborative Agreement to provide jobs for Ghanaian Youth
The Youth Employment Agency, (YEA) has entered into a partnership with the National Entrepreneurship and Innovation Plan (NEIP) to create jobs for the youth in the country. To this end, the two state institutions BestNewsGH.com can report, have signed an agreement that will see them officially commence the collaborative partnership in earnest. BestNewsGH.com can also […]
30 hectares of Tomato gardens in Bawku West destroyed
About 30 hectares of Tomato gardens in parts of the Bawku West District in the Upper East Region, have been destroyed by the bacteria disease,‘Ralstonia Solanacearum’. The disease, was identified by the Savannah Agricultural Research Institute (SARI) at Manga in the Bawku Municipality causes wilting within a short time of infection and destroyed only tomato […]
Election spending may drive prices higher – Data Bank research
A report by Data Bank Research has indicated that prices of goods and services may not remain stable due to high spending by government ahead of the December polls. According to the report, titled ‘Ghana’s Inflation Update for December 2019’, aside from the excessive spending by the government that could cause prices of goods and […]
GIHOC pushes for review of FDA’s guidelines on advertising Alcohol; says it is affecting sales
The Ghana Industrial Holding Company, (GIHOC) is pushing for a review of the advertising guidelines for alcoholic beverages by the Food and Drugs Authority (FDA). According to the company, the restrictions on time of airplay of alcoholic beverage promotions on Television and Radio and the decision to ban celebrities from approving or endorsing alcoholic products […]