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Ghana drafts new policy to tackle 1.5 million housing deficit
A national housing policy has been drafted by Ghana’s Ministry of Water Resources, Works and Housing to tackle head on the country’s housing deficit which is now in excess of 1.5 million.
The policy focuses on six thematic areas, which…
World to spend $1.1 trillion on mobile industry end of 2017 – Report
A new report projects that the global mobile industry will invest $1.1 trillion in capital expenditure from now to 2017.
The global body, GSMA on February 25, 2013 released the report titled, “The Mobile Economy 2013”, in which it states…
Over six billion mobile connections recorded worldwide end of 2012 – Report
In the year 2012, more than six billion mobile connections were recorded worldwide, a joint report by the global group of mobile providers GSMA and research company A. T. Kearney has said.
According to the report released February 25,…
Euromoney cuts Ghana’s economic risk sentiments
Ghana’s overall risk assessment score has been reduced by 1.2 points in Euromoney’s Country Risk (ECR) survey.
According to Euromoney, economists who participated in the survey downgraded Ghana’s overall risk assessment score to 44.8…
US exports 110,000 metric tonnes of rice to Ghana in 2012
Ghana is a very big market for rice from the United States. Between January to November 2012, total US rice sales to Ghana of all varieties equalled 110,000 metric tonnes from January-November 2012, a 25 percent increase compared to the…
Indian firm plans to develop $65m rubber plantations in Ghana
Indian firm Harrisons Malayalam is reportedly considering plans to develop rubber plantations on 4,000-5,000 hectares of land in Ghana on long-term lease basis.
The R.P.-Sanjiv Goenka group-owned tea and plantations company says it would…
Bank of Ghana confirms all banks meet GH¢60m minimum capital requirement
…total assets hit GH¢27.2b end of 2012
All banks in Ghana were able to beat the December 31, 2012 deadline of the GH¢60 million minimum capital requirement set by the central bank.
This has pushed total banking industry assets to GH¢27.2…
Lack of policy said to be hindering investment in Ghana’s shea sector
Mr Agustine Sandow Ambotimah, Coordinator of the Nadowli District Cooperative Farmers, has said absence of a policy to regulate activities of the shea industry is the major hinder to investment in the sector.
He said this during a…
Ghana, Nigeria said to make Africa world’s number one online fraud continent
Africa has emerged as the number one continent identified for online fraud during the year 2012, according to iovation, a US company that protects online businesses from fraud and abuse.
In a report released February 21, 2013, iovation’s…
Mahama says to serve first term on four key pillars
President John Dramani Mahama has outlined four vital pillars on which he would build Ghana during his first term in office.
Mr Mahama began his first term in office as President January 7, 2013 after he was sworn in by the Chief…