The Ketu-South Municipal Assembly will soon have two major factories for the processing of coconut and cassava at Akame, a town in the municipality. The factories, scheduled to be completed this year, are at advanced stages of completion, according to the Municipal Chief Executive (MCE) for Ketu South, Mr Elliott Edem Agbenorwu. He said the […]
The National Lottery Authority (NLA) has officially taken over the operations of the Veterans Association Ghana (VAG) lottery. There have been several altercations between the NLA and VAG bordering on regulatory issues, culminating several court appearnaces by the two sides. NLA and VAG over the past years have been in conflict over jurisdictional areas of […]
The country’s total debt stock has now hit GHS200 billion as at the end of May 2019. This was contained in the Bank of Ghana’s summary of financial and economic data that reviewed the health of the economy. Details of the debt numbers The new debt stock figure means that since May 2018 the total debt stock […]
AGM Petroleum, an oil and gas exploration company, has discovered oil at Ghana’s South Deepwater Tano (SDWT) prospect. The discovery was made known by the President and CEO of AGM’s related company Aker ASA, Øyvind Eriksen in a letter to shareholders published in its second-quarter and half-year results for 2019. According to Mr Eriksen, “the […]
Minister for Business Development, Dr Ibrahim Mohammed Awal has charged Guinness Ghana Breweries Limited (GGBL) to strive towards sourcing all its raw materials from Ghanaian farmers from the next three to five years. He said although it was worth commending GGBL for currently acquiring between 55 and 70% of its raw materials locally, an optimum […]
The nation’s designated Postal operators, Ghana Post has been awarded as the Excellence in Innovation company of the year at the just ended Ghana shippers Awards 2019. Innovations such as the introduction of a reliable Tracking System, Central Valuation Centre as well as the Digital Address (Ghana Post GPS) have put Ghana Post in a […]
Guaranty Trust Bank plc has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence, held in London. GT Bank was also named the Best Bank in Nigeria for a record ninth time, reflecting the bank’s position as one of the best managed financial institutions in the country, with […]
Workers at seven Amazon (AMZN.O) sites across Germany will go on strike over pay for at least two days this week starting on Sunday night going into Monday, labor union Verdi said. The strikes, under the motto ‘No more discount on our incomes”, will coincide with Amazon’s Prime Day when the U.S. online retail giant […]
The Ghana Cocoa Board (COCOBOD) is adopting a new policy of providing support services, farming products and inputs to cocoa farmers through their registered co-operatives to ensure a far more efficient and timely delivery of such products and services to all cocoa farmers across the country. The provision of products and services through co-operatives is […]
Phase one of the Dangote Fertiliser plant in Nigeria, which will produce three million metric tonnes per annum of urea and ammonia, will be ready before the end of this year. The second phase of the project, which would produce an additional 1.6 million metric tonnes of the same, would, however, be ready by the […]
The Ministry of Business Development yesterday launched season II of the Presidential Pitch, aimed at realising government’s ambition of helping to unleash an entrepreneurial revolution in the country. The Presidential Pitch, which is one of the flagship programmes of the ministry, was also birthed to support young entrepreneurs with brilliant business ideas, but for lack […]
BestNewsGH.com can confirm the appointment of Mr. Kwame Owusu, immediate past Director General of the Ghana Maritime Authority as Board Chairman of the Ghana Revenue Authority. ‘’Pursuant to section 4 (1) (a) of the Ghana Revenue Authority Act, 2009 (Act 791), the President of the Republic in consultation with the Council of State, has appointed […]
