Official: Ghana suspended from IOC

Ghana has been suspended from the International Olympic Committee (IOC) following a decision taking by its Executive Board Thursday January 13, 2011. An official statement copied to ghanabusinessnews.com from the media relations department…

Revert to periodic petrol adjustments – GNCCI

The Ghana National Chamber of Commerce and Industry (GNCCI) has called on the government to revert to the use of the periodic price adjustment mechanism to lessen the burden of higher increases on the private sector. A statement issued by…

Ghana, EU sign €26m agreement

The government and the European Union (EU) on Wednesday January 13, 2011 signed four agreements, totalling 26 million euros, to support four projects in the country. Nine million euros out of the amount will be used to stimulate trade-led…

World Bank to support NYEP with $50m

The World Bank is to assist the National Youth Employment Pro­gramme (NYEP) with funds from a $50 million facility for the entrepreneurship module of the programme. The facility has been earmarked for the development of the youth, ICT,…