May 2012

Brazil has approved Ghana’s request for the supply of equipment to mechanise the country’s agricultural sector. This follows a meeting in Brasilia between Vice President John Dramani Mahama and Mr Pepe Vargas, Minister of Agrarian…

Nana Dr Susubribi Krobea-Asante, Omanhene of Asante-Asokore Traditional Area, has released an 80-acre land in support of the Youth in Agriculture Project. The Sekyere East District Assembly would allocate the land to young people eager to…

The Ghana Union of Traders’ Associations (GUTA), on Wednesday tasked Government to take stringent measures to salvage the depreciation of the Ghana cedi against other major currencies in the country. Addressing a press conference in Accra,…

The bilateral trade volume between Ghana and China reached $3.47 billion with a growth of 69.04% in 2011 according to information gathered by ghanabusinessnews.com. And even though, Ghanaian exports to China grew by 150%, the total value…

CAL Bank Ghana Limited on Wednesday said a new capital injection of GH¢75 million would boost its trade activity, expand and strengthen corporate banking and finance loan portfolio as well as focus on growing sectors such as oil and gas,…

Mr Fritz Baffour, Minister of Information on Wednesday expressed worry at the abject under-development of the National Film and Television Institute (NAFTI). He said  NAFTI’s contribution to the national development agenda was of great…

The Ethiopian ambassador to Ghana has called on citizens to exhibit decency as the country approaches an election in December 2012. Speaking at a reception at her residence in Accra to commemorate the 21st anniversary of Ethiopia's…

Africa deprived itself an amount of $700 billion due to capital flight in a period between 2000 and 2008,  according to the 2012 African Economic Outlook (AEO) released May 28, 2012 by the African Development Bank (AfDB). Capital flight is…

The South African government-owned Public Investment Corporation (PIC) of South Africa and the Ecobank Transnational Incorporated (ETI) on May 29, 2012 signed a Subscription Agreement by which the PIC will invest $250 million in the common…

GHACEM has announced an upward adjustment in the prices of its cement products with effect from Monday, May 28, 2012. The increase, according to GHACEM, was as a result of the continuous depreciation of the cedi against the major…