In a scene that could be straight out of a children’s book, around a ton of liquid chocolate flowed out of a factory and caked a street in a west German town last Monday. Firefighters said a storage tank overflowed at DreiMeister’s chocolate factory in Westönnen, a suburb of the town of Werl, running out […]
Category: Business
GRA Board joins officials on visitation to businesses to recover outstanding taxes
Board Members of the Ghana Revenue will henceforth join officials of the Authority during visitations to various businesses to recover outstanding taxes that have not been paid. The move comes on the heels of a directive by the Minister for Finance, Ken Ofori Atta to the Board to take steps to directly partner the management […]
NPA picks Best Quality Leadership Award 2018 in Las Vegas
The National Petroleum Authority (NPA) has picked up the award for Best Quality Leadership 2018 in Las Vegas. The Award was conferred on the Authority and its Chief Executive Officer, Hassan Tampuli by the European Society for Quality Research at a convention. The convention is said to be for innovative initiatives that are driving service […]
ACEP lauds gov’t for renegotiated Ameri deal, says 51.3 million dollar savings commendable
Energy Think-tank, African Centre for Energy Policy (ACEP) has commended government for renegotiating the Ameri deal and making a substantial savings of 51.3 million dollars. A statement issued by the think-tank and signed by its Executive Director, Dr. Benjamin Boakye stated in part that ‘’the addendum presents a more favorable liability for government than the […]
We want to transition from poverty to prosperity just like Japan-Akufo-Addo
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says Ghana has decided to turn its back on the old economy, which has been dependent on the production and export of raw materials, and also dependent on aid. According to President Akufo-Addo, “We want to emulate the story of the East Asian Miracle, which saw, […]
N8 road rehabilitation to commence soon as gov’t secures 57 Million dollar Japanese Grant
Ghana has received a $57 million (¥6.49 billion) grant facility from the State of Japan for the rehabilitation of phase two of the national trunk road, N8. This was after the Governments of Ghana and Japan signed an agreement after the holding of bilateral talks between President Akufo-Addo and Japanese Prime Minister, Shinzo Abe, on […]
Dr. Yamson calls for amendment of Procurement Act
Renowned corporate executive, Dr. Ishmael Yamson, has indicated that the Act governing the practice of procurement in the country does little to the cause of protecting the public purse. In buttressing his argument, he said that the situation wherein boards of public procurement institutions are appointed by the president a “recipe for chaos” and promotes […]
Gov’t on course with industrialization agenda—Ahenkorah
The Deputy Minister of Trade and Industry, Mr. Carlos Ahenkorah, has stated that government is on course with its quest to industrialise the country. Delivering the keynote address at the Young Entrepreneur and CEO Awards 2018, the Deputy Minister said: “Our industrialisation agenda cannot realise its full potential if we fail as a government to […]
Our plan is to make Ghana the Pharmaceutical hub in West Africa-Trade Minister
The Minister for Trade and Industry, Alan Kyerematen has reiterated government’s commitment as making the country the pharmaceutical hub in the West African sub-region. He was speaking at the maiden ball of the Fellows of the Ghana Chapter of “The West African Postgraduate College of Pharmacist and The Ghana College of Pharmacists” on 7th December, […]
Lifting ban on small scale mining: Gov’t to announce new mining policy framework on Friday 14th December 2018.
Government will on Friday 14 December 2018, announce a new policy framework for regularizing and reforming mining activities in Ghana. The announcement comes twenty one (21) months after a ban was imposed on illegal, irresponsible as well as small scale mining activities in the country. While some have speculated a lifting of the ban, government […]
I curse high interest rates, fiscal deficits, cedi depreciation and erratic power supply in my gov’t-Akufo-Addo
President Nana Addo Dankwa Akufo-Addo says the days of high public debts, high fiscal deficits, high interest rates, rapidly depreciating currency, erratic power supply, will not be a feature of his government. According to him, his Government is determined to continue down the road of fiscal discipline that has seen a marked improvement and strengthening […]
VW, Nissan, Sinotruk assembly plants to become operational in 2019 Akufo-Addo
The President, Nana Addo Dankwa Akufo-Addo, says the three vehicle assembly plants for which Memorandums of Understanding have been signed between Government and three global car giants will become operational in 2019. Speaking at the 7th Association of Ghana Industries Industry Awards on Saturday, 9th December, 2017, the President stated that “we anticipate, also, that […]