Tag Archives: Business

The Chief Executive Officer of COCOBOD, Joseph Boahene Aidoo has disclosed that government has saved the state from incurring an interest of $400,000 on a $1.8billion loan facility contracted by the erstwhile National Democratic Congress (NDC) government for COCOBOD.He said through prudent economic measures by the New Patriotic Party (NPP) …

Deputy director in charge of crops, services Mr.kingsley Kwaw Amoah0 has charge local farmers to engage themselves for cultivating maize for high yield targeting 1500 kg per acre annually. Speaking at a one day pilot programme in the Yilo Krobo district- Obawale of the Eastern region organised by Wynca Sunshine …

The government of Ghana is on the right track to achieving macroeconomic stability, Dr Eric Osei-Assibey, Senior Adjunct Research Fellow with the Institute of Economic Affairs (IEA) has said.Dr Osei-Assibey told journalists at a press conference on Thursday, 3 August that the Institute’s analysis of Finance Minister Ken Ofori-Atta’s mid-year …

Ghana skipper Asamoah Gyan who has joined Turkish side Keyserispor is showing that he is enjoying himself both on the pitch and outside the pitch. The skipper has scored three goals in three games in the pre-season games he has played in so far. Gyan has made a return to …

Gold prices fell on Thursday as the dollar inched up from multi-month lows and as signs that the U.S. economy was strengthening turned investor focus on to risk assets.Spot gold fell 0.5 percent to $1,260.36 per ounce as of 0729 GMT after touching $1,258.20 earlier in the session, its lowest …

Minister of Finance Ken Ofori-Atta doctored some figures he presented to parliament in the 2017 mid-year budget statement, Cassiel Ato Forson, a former Deputy Minister of Finance has alleged.He described the action as “shameful”.Mr Ofori-Atta delivered the mid-year budget review statement on Monday, 31 July on the floor of parliament. …

President of the African Development Bank (AfDB), Akinwumi Adesina, has said that the bank is committing $950 million towards the development of Ghana.In a meeting with Vice President Dr Mahamudu Bawumia and Finance Minister Ken Ofori-Atta on Wednesday, August 2, 2017, the leader of the AfDB delegation commended government for …

To fulfill his promise of making Accra the cleanest city in Africa, President Nana Addo Dankwa Akufo-Addo’s government has borrowed $48 million for sanitation purposes.The amount which was approved by parliament on the night of Wednesday, 2 August is expected to be used for the Greater Accra Sustainable Sanitation and …

Appolonia City, Accra’s new city development, will build 100 affordable homes as part of a partnership with the country’s leading mortgage provider, Ghana Home Loans. The multi-million dollar project on six acres of land at Appolonia City will commence construction in the third quarter of2017, with all 100 homes due …

Vice President Dr Mahamudu Bawumia has said government is committed to a seamless clearance system for importers at the ports and making every effort for the four hour maximum clearance duration move to be achieved this year.“Let’s at least have our goal that by the end of the year, this …