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Tag Archives: Business

‘Illegal fishing can cost Ghana EU market’

Ghana must make it a priority to end illegal fishing along the coast in order not to lose the European market to other countries, Elisabeth Afoley Quaye, Minister of Fisheries, has said.According to her, other countries are ready to take over Ghana’s dominance on the European market if the right …

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Ghana, Malta deepen ties

Ghana and Malta have pledged to strengthen the ties of co-operation that exist between the two countries, as well as collaborate further and provide mutual support for each other at both bilateral and multilateral levels.This was the outcome of a roundtable discussion held between the ministerial teams of Ghana and …

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Lack of education on ‘planting for food and jobs’ disturbing – Farmers

Some farmers in the country are demanding further consultations in determining the required procedures to participate in the planting for food and jobs initiative. The farmers have expressed grave concern over the conflicting requirements in the various regions across the country. Some have also cautioned of boycotting the scheme if …

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NPP will miss budget deficit target if it cut ties with the IMF – Terkper

Former Finance minister, Seth Terkper has predicted that the NPP government will miss its budget deficit target for this year. He argues that the government’s efforts to ensure tax compliance and cut down some expenditure may yield little impact on the economic prospects. Mr. Terkper’s arguments are contained in an …

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3.4m inactive MTN lines deleted

MTN Group has redefined who an active subscriber is and that has led to MTN Ghana deleting as much as 3.4 million inactive lines from its network in the first quarter of 2017. Within the same quarter, however, MTN Ghana gained over 800,000 new active customers, and the net effect …

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Bank of Ghana cuts policy rate to 21%

For the fourth time this year, the Monetary Policy Committee (MPC) of the Bank of Ghana has reduced its policy by 150 basis points to 21% from 22.5%. Addressing journalists at a news conference in Accra Monday, the governor cited an improved economic outlook for the rate cut adding that “economic …

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GRA clears Agambire, re-opens his office

The Ghana Revenue Authority (GRA) has removed the wanted tag on Roland Agambire and has also re-opened his locked office for business.The office of ACI Construction Company Limited, a subsidiary of Agams Holdings, was re-opened for business last Thursday by the tax authority following the resolution of inconclusive tax issues …

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Czech Republic to invest in Ghana’s agric sector

The Czech Republic is currently working on new investment drive to venture into the Ghana’s agricultural sector with its technical expertise. The move by the European country that ranks among the top ten in animal genetics is expected to increase Ghana’s agricultural production and help the country realise its sector’s …

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Government adds GH¢3billion to public debt every month – MP

Member of Parliament for Bolgatanga Central Constituency Isaac Adongo has punched holes in the recent assertion by Vice President Dr Mahamudu Bawumia that the economy is growing. Mr Adongo said Dr Bawumia did not paint a true picture of the nature of the economy. At a media encounter last Tuesday …

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Chinese Embassy donates 16 agro-processing machines to SADA

The Chinese Embassy has donated 16 agro-processing machines to the Savanah Accelerated Development Authority (SADA). The equipment consists of thirteen sets of maize milling machines, two sets of soya bean milling machines and one set of millet machine with one tonne of per hour capacity each worth USD 217,400.00. Addressing …

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