President of the Ghana Union of Traders Association, Dr. Joseph Obeng, has expressed excitement for the reduction in benchmark and home delivery values of general goods and cars respectively at the Ghana’s ports. He stated that the reduction brings relief to the cost of doing business at the country’s ports, among other interventions that have […]
Auto spare part dealers at Abossey-Okai have appealed to Government to include their imported goods to the general goods category that enjoy a 50% slash in benchmark values. According to the auto spare parts dealers, their goods did not see a reduction in duty values when as was announced by the Vice President and therefore […]
The Export-Import Bank of the United States (EXIM) and Ghana Export-Import Bank (GEXIM) today announced a cooperative framework agreement to finance U.S. exports for Ghana’s industrial development through the establishment of small-scale industries in each of Ghana’s administrative districts. The announcement was made at a ceremony held this morning at GEXIM’s headquarters in Accra, Ghana. […]
The National Petroleum Authority (NPA) has signed a Memorandum of Understanding (MoU) with the Korean Petroleum Quality and Distribution Authority (K-Petro) to share technical expertise, improve ongoing fuel marking as well as testing systems. The signing ceremony took place at the NPA Headquarters in Accra. This was when the Chief Executive Officer of the NPA, […]
Ghana Cocoa Board (Cocobod) has responded to the International Monetary Fund (IMF) call for a reduction in the producer price of Cocoa, saying it cannot reduce the price. The IMF has advised government to reduce the producer price of the commodity to reflect changes in international cocoa prices. But in an interview with sit-in host […]
Story by: Enoch Darfah Frimpong The Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Dr K.K. Sarpong has denied owning Fuel Trade as claimed by policy think tank, IMANI Africa. IMANI Africa had accused Dr Sarpong of engaging in a conflict of interest situation in a US$4.4 billion petroleum agreement between Ghana and […]
Tullow Oil has announced the appointment of Sheila Khama and Genevieve Sangudi as Non-Executive Directors with effect from Friday, 26 April 2019 following the resignation of Mr Tutu Agyare as a Non-Executive Director. Mr Agyare will officially resign after the company’s Annual General Meeting (AGM) today, Thursday, 25 April 2019. Mr Agyare joined Tullow in […]
According to research, chicken from Agbogbloshie contain dangerous levels of toxins. A new report shows that hazardous chemicals are entering Ghana’s food chain as a result of illegally disposed electronic waste coming from European countries. It has been found that chicken eggs from Agbogbloshie contain dangerous levels of dioxins and polychlorinated biphenyls (PCBs). This, the […]
The Ghana Revenue Authority (GRA) is confident of achieving its GHc45 billion tax target this year by stepping up efforts to boost revenue collection in the mining sector in what amounts to a significant tightening of the fiscal framework within which mining companies will operate henceforth. Accordingly, the Ministry of Finance and the GRA has […]
Vice-President Dr Mahamudu Bawumia has urged the youth to take advantage of the emerging entrepreneurship landscape in Ghana to drive its economic fortunes and to solve the challenges of youth unemployment in the country. He said the strong and resilient growth in the Ghanaian economy requires the urgent need to promote creative minds and problem […]
Around 98 percent of the residents in Cajamarca said no to the mine due to concerns over the environment and water pollution – and Colombian Mining Minister German Arce doesn’t seem too happy with the results. South African company AngloGold Ashanti aimed to build the gold mine, called La Colosa, in Central Colombia, and it […]
Ten young talented entrepreneurs are slugging it out for the ultimate prize of a hundred thousand (100,000) United States Dollars in the finals of the McDan Entrepreneurship Challenge (MEC). This was after they fought and competed spiritedly from an initial number seven thousand (7,000) people who entered the challenge when nominations were opened last year. […]
