World Bank approves 30 million dollar IDA credit to help strengthen financial sector stability

The World Bank has approved a 30 million dollar International Development Association (IDA) credit to support the Government of Ghana strengthen its financial sector stability. The support is also to improve inclusiveness for users of formal financial services and the financially excluded, particularly women, rural communities and farmers. Commenting on the gesture, the World Bank […]

Our businesses are collapsing-designer block manufacturers cry out

Some manufactures of designer blocks in the Greater Accra region are lamenting over what they say is the gradual collapse of their businesses due to “record low sales” in recent times. Speaking exclusively to BestnewsGH.Com, some designer block manufactures along the Mallam-Kasoa highway and mortuary road near Korle-bu teaching hospital said their businesses are on […]

Ghanaian entrepreneurs get boost as government supports them with 530 million cedis

Story by: Bismark Okyere-Darko The Ministry for Business Development has announced a 530 million Ghana cedis support facility for entrepreneurs in the country. The initiative is a result of a partnership between government, the Institute for the Creation and Development of Enterprise (INCYDE) Foundation and CASA Africa. The package will include the training of some […]

Small scale mining: Occupy Ghana advocates continuous ban, says 95 percent of mining licenses are illegal

Pressure group Occupy Ghana has voiced its displeasure and opposition to plans by government to lift the ban on small scale mining in the country. According to the group, about 95 percent of mining licenses in the country have no parliamentary ratification, hence are illegal and as such should not be allowed to operate. Group […]

Illegal mining: World Bank approves 50 million dollars to support fight

The World Bank has approved 50 million dollars to support the government’s efforts at addressing illegal small-scale mining under activities outlined in the Multi-Sectoral Mining Integrated Project (MMIP). The draft manual of activities would be sponsored by the Bank and presented to its top management. The document is expected to be approved for implementation within […]

BOST brouhaha: Duncan Amoah is immature and a blackmailer- Former BOST MD

Former Managing Director of the Bulk Oil Storage and Transportation Company (BOST) Alfred Obeng Boateng has described the Executive Secretary of COPEC, Duncan Amoah as an immature person and a blackmailer. According to him, recent allegations levelled against him by the COPEC boss stems from ignorance and his inability to have a grasp of what […]

Small scale & illegal mining: Mandatory insurance for small scale miners in the offing-Government hints

Government will soon make it mandatory for all small scale miners to take insurance covers in order to insure their lives and those of their families. The move is part of government’s quest to streamline the mining sector and ensure only licensed and certified people are allowed to operate mining concessions in the country. Secretary […]

Menzgold vrs. SEC: Menzgold announces continued suspension of gold vault market product services

Menzgold Ghana has announced the continued suspension of its gold vault product market services until the 28th of September 2018. The continued suspension of the market services is as a result of the current brouhaha the company is engaged in, with the Securities and Exchange Commission. A statement issued by the company and under the […]