The first phase of an $80 million three pre-fabrication manufacturing plant established by B5 Plus Group in Dawhenya in the Greater Accra Region has been inaugurated and has started production. The project, which is under the ‘One District, One Factory’ (1D1F) initiative, will produce various forms of metal and metal-related products for both local and […]
The Minister for Planning, Professor George Gyan-Baffour, has revealed that income inequality in the country has risen from 37% in 1992 to 43% in 2017. Speaking at a technical review meeting organised by the National Development Planning Commission (NDPC) in Accra yesterday, under the theme ‘Inclusive development and public policy performance: Prospects for child responsiveness […]
The Securities and Exchange Commission (SEC) has cautioned investors against panic withdrawals, following the recent reforms in the financial sector. “We are aware of some level of anxiety among a section of investors because of the recent reforms taking place within the financial system. We wish to reiterate that the objective is to produce sound […]
Mobile Telecommunications giant, MTN has donated cash and various items in support of the 2019 edition of the Awutu Awubia Festival. The company presented a cheque of GHC5,000.00, Airtime worth GHC 300.00 and a Drinks hamper worth over GHC1000.00 to the Awutu Traditional Council. In his remarks, Senior Manager in charge of South West Business […]
Confirmed reports available to BestNewsGH.com reveals that the Managing Director of the Bulk Oil Storage and Transportation (BOST), Mr George Okley has resigned. BestNewsGH.com sources at the presidency said Mr. Okley tendered in his resignation to the Office of the President on Friday, August 23, 2019. Even though reasons for his resignation remains sketchy, it is […]
The National Programme of Action for the implementation of the African Continental Free Trade Agreement (AfCTA) will be based on seven clusters. The seven clusters which includes trade policy, trade facilitation, productive capacity, trade related infrastructure, trade finance, trade information, and factor market integration will help boost intra-African trade. Speaking at the end of a […]
The Ghana Revenue Authority (GRA) has cautioned importers to ensure that the right tax stamps are affixed to the right products. Besides cautioning, the GRA also took the opportunity to educate importers on the essence of its tax stamp authenticator mobile application (app) to help check the authenticity of imported products. The mobile app also […]
The Ghana Cocoa Board (COCOBOD) has advised the public to ensure that discussion on the cocoa sector and in particular, the producer price paid to cocoa farmers for their produce, was guided by facts and not sentiments. In a response to recent comments on the producer price of cocoa by Citizens Watch, a think tank, […]
Public servants who have been affected by the closure of three banks recently, have been advised by the Controller and Accountant General’s Department (CAGD) to open fresh accounts with banks of their choice so they can receive their salaries. It is estimated that 1,975 public servants on the government payroll accessed their salaries through the […]
The National Lottery Authority says it has completed the Registration and Licensing Processes for all illegal Lotto Operators who have paid up the prescribed fees to the Authority. According to a statement issued by the Public Relations Unit of the Authority, those who have complied will be issued with licenses to enable them carry out […]
Chairman of the McDan Group of Companies, Dr. Daniel McKorley has announced the selection of the top 20 Businesses in the 2019 edition of the McDan Entrepreneurship Challenge. Dr. McKorley who is the brain behind the Challenge, announced that the selected businesses will be rewarded with the needed financial injection to scale up their operations. […]
By Elvis DARKO, Accra Twenty out of the 23 savings and loans companies and finance houses shut down by the Bank of Ghana (BoG) recorded a combined negative capital of GH₵2.3 billion (GH₵2,301,948,311). They are made up of 16 savings and loans companies and seven finance houses. Only Sterling Financial Services Limited did not record […]
