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Government to support industry with $2b – Minister
Mr Alan Kyeremanten, the Minister for Trade and Industry, has said government will establish a $2 billion industrial development fund to provide medium to long term financing support to people to engage in manufacturing and production.…
Ghana Cocobod signs $1.3b loan for 2017/18 cocoa purchases
Ghana Cocoa Board signed a $1.3 billion loan with international banks on Wednesday to fund purchases for the 2017/18 season, due to open in October.
The loan, signed in Paris with 25 banks, is smaller than the $1.8 billion secured last…
VRA staff warns government against proposed sale of thermal assets
Workers of the Volta River Authority (VRA) on Tuesday, advised the government to quickly revise any intentions to sell off the Company’s thermal and non-power generating assets, and threatened to strongly protest against the move.
The…
Vodafone Ghana sues GRA over GH¢160m transfer pricing assessment
...as tax dispute escalates
Vodafone Ghana has filed a motion at the High Court of Justice, Commercial Division in Accra, against the Ghana Revenue Authority (GRA) disputing tax assessments of GH¢160 million, according to the Writ…
Africa must industrialise to fund and implement SDGs – President
Africa must be efficient and effective in mobilising resources and look beyond the benevolence of others to finance the implementation of the UN’s Sustainable Development Goals (SDGs), President Nana Addo Dankwa Akufo-Addo has said.
He…
How strong are Ghanaian banks?
There is no doubt that the banking industry plays a very formidable role in any economy and for it to thrive, it must have a robust system that is well supervised and regulated.
Ghana’s banking system has gone through various…
ECOWAS must play lead role in Togo – Togbe Afede
Togbe Afede XIV, Agbogbomefia of Asogli and President of the National House of Chiefs, has reiterated the call on the Economic Community of West African States (ECOWAS) to play a lead role in restoring peace to the Republic of Togo.…
Prof Akosa calls for research into health implications of galamsey
Professor Agyeman Badu Akosa, former Director General of the Ghana Health Service (GHS), has called for research into the health implications of heavy metals used by illegal miners on the various rivers in the country.…
Multilateral development banks increase financing to tackle climate challenge
The world’s six largest multilateral developments banks (MDBs) continued to make a strong contribution to the global climate challenge in 2016, increasing their climate financing in developing countries and emerging economies last year to…
Global tourism grows at 6% with 598 million tourist arrivals in first half of 2017 – WTO
Global tourism has showed the strongest growth yet since 2010 as destinations around the world received 598 million international tourists in the first half of 2017, according to the United Nations World Tourism Organisation (UNWTO).…