Sunday, June 26, 2022

Business

More than 100 Women in Oti Region undergo training in soap, pastries making

By: Franklin ASARE-DONKOH More than 100 women in the Oti Region have been trained in soap and pastry making by the Women Empowerment and Development (WEDEV), a non-governmental organisation focusing on women empowerment and capacity-building. The participants were from women’s groups...

BoG cautions clients to critically assess situations before signing onto investments

By Naa Dzagbley Ago The Bank of Ghana has stressed the need for customers of financial institutions to exercise due diligence before signing on to investment portfolios. According to the Central Bank, this is crucial as most people are lured...

Food prices, Transport fares, drive inflation rate to 27.6% in May 2022

By: Franklin ASARE-DONKOH An increase in transport fares and surging food prices pushed the rate of inflation in May 2022 to 27.6%, the Ghana Statistical Service has announced. This is against 23.6% recorded in April 2022. According to the Government Statistician, at...

Ghana moves motion on accelerating Intra-African trade at ongoing 52nd CPA Regional Conference

By: Franklin ASARE-DONKOH Ghana’s delegation at the 52nd CPA Africa Regional Conference has moved a motion on the role of African Parliaments in accelerating Intra-African trade. The motion which was moved by the Majority Leader, Osei Kyei-Mensah-Bonsu on behalf of the...

‘YouStart’ program will not fund ”buying and selling” businesses

By Rukayatu Musah Government is partnering with a consortium of nine banks to provide credit to existing youth-led Companies and, in the process, create one million jobs in the next three years. Under the commercial programme of the YouStart initiative,...

Ghana Chamber of Mines gets new President, Executives

By: Franklin ASARE-DONKOH The Ghana Chamber of Mines has elected and inducted a new President, Mr. Joshua Mortoti, Executive Vice President and Head of West Africa for Gold Fields. Mr. Mortoti takes over from Mr. Eric Asubonteng, Managing Director of AngloGold...

Ghana’s rising inflation more of fiscal policy, not monetary policy issue – Government statistician

By: Franklin ASARE-DONKOH The Government Statistician at the Ghana Statistical Service (GSS), Prof. Samuel Kobina Annim has disclosed that Ghana’s current rising inflation has more to do with the country’s fiscal policies rather than monetary policy. According to the Government Statistician,...

Ghana is best trade and investment hub in West Africa- Fitch

Ghana has been ranked first on the Fitch Solutions Operational Risk Index in the West African sub-region. The Index quantitatively compares the challenges of operating in 201 countries and territories globally. The index scores each country or territory on a...

African Banks need to stock up on gold reserves to benefit its people – Veep Bawumia

By: Mercy Darko Central Banks in Africa have been charged to build up more gold reserves to minimize the situation where the precious minerals are exported or smuggled out of the host country with minimal benefit to Communities. Addressing the 16th...

Calls for government to release some of the tax levies imposed on SMEs

By Patricia Lawson Executive Director, Revenue Mobilisation Africa, Geoffrey Ocansey has reiterated the need for the government to reduce some tax levies imposed on businesses especially Small and Medium Scale Enterprises, SMEs. Speaking to Business News on the sidelines of...

Latest News

Ghana showcased in colours at Okyeman Ohum Homecoming Festival

By Nana Asare Mireku Another opportunity to portray culture in pome and pageantry as Vice President, Dr. Mahamadu Bawumia, entreated...

Transit trade declines by 23% in first quarter of 2022

By Nathaniel Nartey Data from the State Insurance Company (SIC), has revealed that transit trade for the first quarter of 2022 decreased by 23 percent...

Stigmatising return migrants is dangerous to migration management – stakeholders

Ms Josephine Oppong-Yeboah is a media personality and gender advocate. She believes that the best every community could do to their return migrants was...

Citizens must be at centre of every decision made by government- Speaker

Story: Franklin ASARE-DONKOH Speaker of Ghana’s Parliament, Rt. Hon. Alban S.K. Bagbin, says Ghanaians must be at the centre of every decision made by the...

Parents urged to support pregnant and parenting teens

By Seraphine Nyuiemedi The Afadzato South District Girls Education Officer, Janet Esi Hammond, has appealed to parents to support their pregnant teenage girls or those...