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General News

EOCO to prosecute those responsible for banking failures – Bank of Ghana

The Bank of Ghana (BoG) has forwarded some dossiers to the Economic and Organised Crime Office (EOCO) and other security agencies to start the prosecution of those found complicit in the recent banking failures. It said civil action had already been taken by the Receivers and Official Administrators of the …

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AngloGold Ashanti commits to local participation in Obuasi Mine Redevelopment

AngloGold Ashanti has reiterated its commitment to adhere to Ghana’s local content policy by increasing local participation in the redevelopment of the Obuasi Mine. This, according to the company, will be achieved through its comprehensive and innovative local content strategy that ensures that certain factors of production such as labour, …

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Ghana launches 2018 World AIDS Day

The 2018 World AIDS Day has been launched in Accra with a call on the citizens to know their HIV status and be able to make informed choices that will help Ghana achieve the 90-90-90 target. Attaining the 90-90-90 target will also ensure that the country achieved the ultimate goal …

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AGI happy with the implementation of the tax stamp

The Association of Ghana Industries (AGI) Thursday expressed its satisfaction at the pace of the implementation of the Tax Stamp. The group has also applauded the Government for its open door policy and continuous engagement with the business side on the new policy and pledged its cooperation towards ensuring full …

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Non-traditional export earnings GH¢5.3b target realistic – GEPA CEO

The $5.3 billion earnings target for non-traditional exports (NTEs) by 2021 is realistic and achievable, Ms Afua Asabea Asare, the Chief Executive Officer of Ghana Export Promotion Authority (GEPA) has said. Speaking to the Ghanaian media at Ouagadougou, where she was to participate in the activities marking Ghana Day at …

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Climate Change vulnerability to increase in Volta Delta areas

Scientific studies backed by real life testimonies has revealed that continuous climatic changes have caused sea rise in the nine Volta Delta areas in Ghana. As a result, visible signs of erosion and flooding have displaced dwellers, affected their economic activities and have pushed them to migrate from their areas …

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Ghana serious about eliminating human trafficking

Ghana has reaffirmed its commitment to end human trafficking with the support of its partners and stakeholders. The affirmation was highlighted when senior Government officials and representatives of the United States Government met, on Wednesday, in Accra to discuss progress in achieving the objectives of the US-Ghana Child Protection Compact …

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World Bank commends Ghana’s efforts at improving business environment 

Ghana has made progress to improve the ease of doing business, moving six places up to  rank to 114 out of 190 economies, according  to the World Bank’s 2019 Doing Business Report –Training for Reform. “Ghana’s ease of doing business score, formerly called Distance to Frontier, has increased by 2.06 …

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WFP urges smallholder farmers to pool resources

The World Food Programme (WFP) has urged smallholder farmers to pool their resources to raise the quality of expertise that will lead to an increase in demand for their services. Speaking at a session on Custom and Contract Farming during the Eight Pre-Harvest Agribusiness Exhibition and Conference held in Tamale …

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Ghana said to be losing $2.7b to tax evasion and incentives every year

Ghana is losing about $2.7 billion every year to tax evasion and incentives to multinational companies, Mr Raphael Godlove Ahenu, a member of the Tax Justice Coalition has said. Mr. Ahenu who is the founder and Chief Executive Officer of the Global Media Foundation (GLOMEF),  cited a research by the …

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